Saagar Enjeti

companies, from venture capital to commercial real estate to private credit markets, which are having their own problems right now.

Now, let's take Qatar, the Qatar Sovereign Wealth Fund, QIA, Qatar Investment Authority,

Well, they just took a 17% haircut on their natural gas.

Stands to reason they're going to take some haircut on their flow of cash, which maybe means they can't fulfill future deals or other things.

So let's call it 10%.

Well, if 10% of that money just dries up, that's a lot of money.

I mean, that's billions of dollars.

So what's that mean?

And then you've got high oil prices as a result of this shock, potentially for years if Iran is messing with the oil market.

So these Gulf economies will either be held hostage or they'll have to pull back their investments here in the United States, Japan, South Korea, all these Asian countries, which were supposed to invest all this money here.

They are getting destroyed right now.

in their stock markets, in their economy.

So just think about the ramifications for all of us.

I mean, again, look.

And for everybody saying, well, I don't care about that.

I'm like, well, listen, you know, oh, actually it'd be a good thing.

Yeah.

I mean, theoretically, you know what it also means?

It means you're going to lose your job.

It means you're going to pay higher interest rates.