Steven Glinert

I guess what I think about a lot is, like, you had this period where the pope and the emperor went back and forth in terms of the pope could assert power over the emperor in certain city-states and in certain structural ways.

It starts with an I. There's something... Investiture.

Investiture crisis, yes.

Like there's the investiture crisis where the Pope and the Emperor basically came to a solution.

The Pope was the network, the proto-network that you're talking about.

But Charles V eventually just came in and he sacked Rome, right?

The Pope and like when Charles V became powerful enough, when the state became powerful enough, you do have the failure mode of the network, right?

Like the state and the network, the church were like,

You know, kind of like in a balance.

And then Charles V came in and he sacked Rome.

The fix everything button.

I just want to – so I kind of want to come back to something you said.

I kind of want to put a fine point on two things.

I want to put a fine point on something you said, but I also kind of want to add a little bit.

There's this thing about like it's not that the U.S.

military is made in China.

It's that China's productive capacity –

We don't know what supply chain looks like.

I mean, I think I've spoken to a lot of people.

They said we cleaned up the supply chain quite a bit.