this post was submitted on 11 Dec 2023
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This is just a "feel bad" story rather than an actionable policy suggestion since, as the author acknowledges, regulating these yachts is going to be rather difficult because they can just sail somewhere else. Plenty of countries will welcome them in return for the economic activity associated with being a haven for the super-rich.
Could regulate the manufacturing and maintenance/repairs.
Or deregulate the torpedo industry