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A 400-meter long ship in a waterway only 300 meters wide is an accident waiting to happen. It happened last week when the Ever Given, one of the world’s largest container ships, got wedged in the Suez Canal.

Traffic through the waterway, one of the world’s most important trade arteries, was blocked for almost a week, with mounting costs to the international economy. What was first thought of as some kind of cosmic joke has instead become a symbol of the dangers of interdependence and the fragility of the global economy.

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