Jordi Visser

That's what freaked people out.

But from a ship component or anything like that, it's like, OK, it doesn't matter.

Now you're in hyper time, like everything moves so much faster than it used to.

And we're using lasers and the next thing.

So I think the oceans and the distance and who you're trading partners, it's one of the reasons why I've said repeatedly, I love Brazil as an investment.

Now we'll get through the election this year.

But Brazil has all the resources.

It is clearly in a great negotiating point between the US and China.

It's a gigantic country with tons of vast things.

You've got the US already working with Malay.

We left him out of the discussion.

But there's a reason why the US wants Malay working

with them too so i think the strategy from the trump administration and whether this is coming from the pentagon whether this is coming from other people inside the administration there's clearly a desire to reshift the tables and i think a lot of it is preparation for the future but we wherever there's rare earth and i can't say this loud enough and there's mining capabilities

They don't want that going to China.

They don't want that being something.

And even though Venezuela is not a big producer of rare earth, they do have deposits and they're close to Brazil.

And I think the US probably learned their lesson with Africa, where China has a very big stranglehold that we have to protect some of the the minerals that are necessary for the technology of the future.

He does.

And I think the driving factor, which is going to be a theme this year, is that right now prediction markets have the Democrats taking the House at 80%.

So housing affordability is an issue.