Vanan Murugesan

Chinese EV giant Geely is up 30% since the war began.

I don't have a full answer yet, but I've told this to my team before.

The world's largest battery maker, CATL, is up 28%.

It's become a broken record to the point where I actually need to do it.

So we are now America is now a petro state, thanks to Donald Trump, because he wanted to get rid of windmills and get rid of anything that was alternative energy other than oil and gas.

But if I find out that, hey, a laundromat that has a net profit margin of 30%, maybe Sahan should just own laundromats and turn the profit margins to fund for newsroom, because I don't care.

So we're now a petro state and China is becoming an electro state at a time when being a petro state is very, very expensive.

As long as it's clean, legit money, obviously.

But at the end of the day, if we can transfer some of our net earnings from one unrelated business model

So the irony is that Beijing has been thinking long term on green energy.

to support our newsroom, that's a win for me.

And the Iran war may have just handed them a decisive advantage, not on the battlefield, but in the supply chains as the rest of the world panics about oil, especially if the Strait of Hormuz is basically a battlefield of sorts, if you will, for months on end.

I find it so unfortunate that- But that's exactly how media has always been funded.

You're gonna have a lot of economies around the world desperately trying to transition to green energy.

And they're not going to be able to buy supplies from the United States.

They're going to be able to get their material from China.

So yet another way.

So this war with Iran has strengthened Russia, has strengthened China, and basically has weakened the United States diplomatically and certainly our reputation around the world.

And the fact that essentially, even though we're winning on the battlefield, we're essentially losing in the larger strategic battle, if you will, with China and with Russia.

One wonders if that ends up forcing more bad decisions to follow more bad decisions, right?