Sagar

And then they funnel many of their ill-gotten gains back into our economy.

Not saying it's a good system, but some of us do benefit from it.

And so what do we do?

I mean, it's one of those, and they've committed hundreds of billions of dollars in U.S.

defense investments.

I mean, they don't have a lot of cards to play, but they have the economic one.

Maybe they do need to be bailed out.

And that's the problem, I think, that they face, the entire Gulf faces, really.

Already, you know, you can see a few of these things.

Let's put Kuwait up there on the screen.

This one is C3.

This is Kuwait declared force majeure on shipments of crude oil and refined products from the Straits of Hormuz.

They say they're unable to meet a customer's obligations.

They can't bring vessels

into the Persian Gulf.

Get familiar with that term because that's not just about oil.

That's also about investments.

Remember, I think we put the Balaji Srinivasan take up here very early in the days of the war.

He's like, if you're in venture capital and you have any sort of Gulf investment, you better familiarize yourself with that word because it's very likely.

that you'll be hearing it at some time in the future.