Ryan Petersen
๐ค SpeakerAppearances Over Time
Podcast Appearances
So it's a massive question for globalization, the way that our economies are structured, our companies are all built around these globalized supply chains.
And I think people need to start thinking about plan B of more regional supply chains that are not as exposed.
Yeah.
Countries need to think hard about who their strategic partners are.
More countries are going to arm up and create, you know, have to invest in their own navies.
Probably see this from Japan, starting to see a lot of European companies start to, European countries, I should say, start to build up military force for the first time, saying maybe we can't count on
just America to defend us and realize there's a lot of bad guys in the world and you can't just sit around and expect that everything's going to be fine.
Yeah.
You know, actually going through the Red Sea, like the one ocean carrier that was providing service last couple of years was CMA because the French Navy was providing escorts to the French container shipping line.
So you're starting to see a little bit of that.
Wow.
Yes, of course it's not good.
Like we want to live in a world of open free trade.
Like our mission is to make global trade easy for everybody.
So these things make it harder.
We found, and you want to be in a growing market.
Like every entrepreneur wants to be in a growing market.
We like to say, you know, we like to think like, our market is so big.
It is, it's vast.
And so FlightSport can be successful even if the market shrinks.