Will G20’S Economic Corridor Challenge China’s BRI?

Hello everybody and welcome to Geopolitical Trends. I'm so excited to be with you today. Uh, the topic today I'm going to be talking about, uh, what are the outcome of the G20 Summit. So I had a chance to read the communiqué and this is exactly what I am going to be I gotta adjust the camera here. So this is exactly what I'm gonna be talking about today. So, so excited to be with you as always here. So let me first, like I always do, extend my sincere thanks because that's my way of showing gratitude to all of you. So I'll say thank you. And please, if this is your first time here, make sure to, uh, uh, subscribe because that's— you all know how the algorithm will work. If, if you want— we want to reach more people, uh, the YouTube algorithm is going to have to push the video forward. Well, you only get this if you hit the likes and of course subscribe to increase the visibility of it. So, so I want to give a shout out to a new member by, uh, the name Rex Chen. Thank you so much for becoming a channel supporter, truly appreciate it. And we're getting closer to the 100 number, uh, member 100 members, that is, by which I will do an exclusive Q&A just for you. So, so I have a few announcements for you. Tomorrow I will be doing, uh, uh, what do I call it? I call it the Weekly Conversation with the Health Professional. So tomorrow I will be doing that at— let me share the link with you here, guys, if you want to join me tomorrow at 19:37. Uh, that's when I'm gonna be doing— oh, Osiris, let me say thank you first to Osiris. Great, thank you so much for your Super Sticker, and thank you for being here. I haven't seen you, uh, join me live here. I know you're busy, I know that, but I truly appreciate it. Thank you so much for being here, Osiris. Um, so I want you guys to have the link to the access for the weekly, uh, health conversation with Dr. Stewart. I also wanted to let you know yesterday I did the, uh, welcome call with the members of the course, uh, that I'm going to be teaching about the government. So here is the link if you are interested into that, you can sign up for that one. And I think you still can get some 20% off or something like that. And if not, just let me know and I'll, uh, I'll, I'll, I'll, I'll work that out. So I also just did a Rumble today, so I will be on Rumble and Locals, uh, from time to time doing that. That. So, so let's, uh, let's get on with our topic here. So as I said, what I'm going to be addressing today is, is not only the communiqué as to, okay, what came out, out of this G20 Summit, the hypes and all the— like I always call it, echo chamber. Uh, yes, they did have, or they did sign a memorandum of understanding, but that's all it is, a consumption of ink. No more, no less. Because for that to translate, you need time, you need the, of course, the funding for it. So for us, the US, to say, well, we're backing this up— how are we backing that this up with when we have problems right here at home financially? We are on the brink, on the verge of being bankrupt also, which the government doesn't say. Yeah, we do have the advantage of printing money. The more we print, the weaker the currency is. And your example is the UK. That is, now you get the second largest city, Birmingham, and other ones, you know, it's on the verge of that. And, and UK, by the way, it's not just the UK, it's across Europe. So we have the same for massive the amount of money that's been sent elsewhere. So, so this is what I'm going to be talking about today. So the basic question we need to ask is, what did the G20 summit accomplish? What is it in your opinion? What do you think it accomplished? So, so, but for this, you know, you're going to have to focus on it from, uh, uh, two aspects: economic and geopolitical. But to me personally, the G20 has lost its allure as it used to be for economic developments. It's becoming like a, a vassal now where you have to push certain agenda. Well, mainly whose agenda is it? Ours. You know, the Europeans are so weak to take a stand. Canada cannot even do a thing without the approval of its master here in the US. And, and, and, and half of that G20 members are allies of the US, so they can do squat about it. So yeah, what came out of it is the Memorandum of Understanding for the, uh, what you call it, the corridor. And I do have some, uh, maps and, and some stuff that I'm gonna share with you. Let me share some pictures with you also for you to put this in perspective, uh, as to what I'm talking about here. So yeah, the memorandum that come out of that one, well, you know, to what degree that's gonna hold, I, I have my doubts. I really have my doubts. So, so the, this so-called the upcoming economic corridor, uh, project, well, you know, it's— yes, they say it's great, it's going to link Southeast Asia, South, South Asia and Europe via the Arabian Gulf, or so via the middle, the Middle East and all the way to Europe. Well, as I said, it just a memorandum of understanding, no more, no less. It's just an idea for now, you know. Look just how much the Belt and Road Initiative, how long it's been in the works since 2012, '13, something like that, and they're still working on it. And China putting so much money into that. And this is why, whether this project here is going to take off or not, I have my doubts. I have my doubts. And the reason why I have my doubts, because more countries are looking at it like, oh, is this another issue for us to be under the US hegemony? Because if the US is backing that, that means the US will have a final say into that. And this is how I see it, because you can look at it elsewhere. So as to India, well, well, of course India was the host country, so it has to show off something. But India doesn't have the infrastructure to even manage its own, let alone a mega project like this? And second, how does India going to pay for all this when its poverty is on the rise? You know, those are realities. This is not about putting India down, whatever. Those are facts, and you can argue with facts. And this is where I see that this arguments of, well, we're gonna, you know, have this corridor that is extend all the way, sort of all the way to cover between South Asia, Middle East, and Europe. As I said, the BRI, the Belt and Road Initiative, which was launched almost 10 years ago, still in the works, you know. But on the other hand, if we are to look at this from an economic perspective regarding this the upcoming economic corridor. This nothing but a competition for the BRI, the Belt and Road, because the bottom line to it is we are saying let's undermine the BRI. Because how many have subscribed to the BRI? But I'm going to share some historical facts because we need to put— before I move forward, you have to understand the geography of all this. Because— and I'm going to leave this on for a while— because this corridor that they're talking about coming all the way from India through the Middle East into Europe and so forth, yeah, it's nothing but hype. So let's get into some history here, or geography if you will. And to me, it makes perfect sense to start with none other than the geography of Euroasia. Why is this, you may ask? Well, if you think about Euroasia, I know you can't see my cursor guy pointing on the map because the BRI is using Euroasia, which makes more perfect sense, uh, perfect sense, you know, economic sense, that is. So why Euroasia? Well, here is what you need to know about Euroasia. Looking at the map, and I'm going to leave it there for you to see, if Euro-Asia is located basically on, uh, on in the Eastern Hemisphere when you look at the world map, uh, and, and it is the largest of the 7 continents that covers about 30% of the Earth total land area. So another word, it's very massive, and that makes perfect landscape for a railroad, for example, that BRI is doing there.. Euro-Asia is divided into two parts: Europe, uh, and Asia. And I think I have— I thought I did. Oh, anyway, I'm gonna leave that map. I thought I had specific, uh, uh, map for, for that one. So, so Euro-Asia is divided in, into parts: Europe and Asia. Europe is located on the west, as you see on the map there. While Asia is located in, in the east, which is common knowledge here. The dividing line between the two is known as the Ural Mountains. Ural Mountains. So Euroasia also includes the countries of Russia, Turkey, and Kazakhstan. So let me share with you, uh, the link for where you guys can look at some of this in more detail if you are interested. Interested in reading about it later on. It's very interesting, uh, important to understand this dynamics of the geography and how it plays a role. So, so, Lucanin, uh, when you look at, for example, why I said about the, uh, Euroasia's importance, well, let's put it— let's put this in perspective of numbers, numbers of countries. When you look at the whole Euroasia them. So as of, you know, almost a decade ago or so, there were about 93 independent countries in Euro-Asia. Okay, that includes about 48 countries of Europe, that including the islands, uh, countries of Cyprus, Iceland, Ireland, and the United Kingdom, 17 countries of the Middle East, 27 countries of Asia, including India, Malaysia, Japan, Philippines, and Taiwan. When they say country here, they're referring to the island because Taiwan is part of China. No, and one new country now often associated with Oceania, which is East Timor. So, so as a result, what you are looking at basically is nearly half of the world, 196 independent countries are in Euroasia. This is why it's crucial to understand this geography for you to put this in perspective, that what they are calling about, uh, in, in this communique at the G20 is nothing but just a, a, a, a bravado, no more, no less. Something to show good on the paper. That's basically it. Because when you look at BRI, it has more countries signed up to it than what's going to have with, with this. Because, Mike, my word, even though you have Saudi Arabia move forward to agree to this, well, agreeing on it in, in, in an MOU, a Memorandum of Understanding, doesn't mean you are committed to it. You know, even India itself, once she realize and find out that they don't have the money or the funding to do this kind of approach. That is what's important about this. So then if we are to look at, for example, the history of the Middle East and its geography— so, well, for the history of the Middle East, I'm going to mention just two to give you an idea. One is the Ottoman Empire and one is the Persian Gulf. Why is this important for you to understand? To put this within perspective, that it was linked to the Silk Road from the Chinese back then. That's how important that is. So, so let's start with the Ottoman Empire. And I don't, uh, once again, I'm gonna just show this map here, guys, just for you to see. But this is, by the way, sorry, there was— that was the Euro-Asian one. And as you notice, the space of all this is considered Euro-Asia. So Now, if you are to focus on the Middle East, which I thought I had a specific map for it, uh, we, we'll just use this one here for now. So all the Middle East you're going to be looking at is all this around this area here. So, so for the Middle East, and, and as I said, we'll, we'll focus on the Ottoman Empire, where it was one of the mightiest and longest lasting dynasties in the world history. If you know a little bit of history. So, so, uh, the Ottoman Empire, which was a, you know, a massive superpower at that time, ruled large areas on the Middle East, Eastern Europe, and North Africa. As a matter of fact, all the way to Andalusia in Sevilla, and Sevilla in Spain. That's why you still have certain, uh, architecture that falls back to the Ottoman Empire. That's where my ancestors are from, by the way. That traces way, way, way, way, way back. So before the conquest, the War of the Conquest, when the, the, the, uh, the residents in Andalusia were fled over to North Africa. So, and that was about more than 600 years ago. So at that time, the chief leader, the head of state, or the or the empire was called the Sultan. That's why in Turkey you still hear the common terminology, the word of Sultan. Sultan, the equivalency of the king. The Sultan is just almost higher than that. So, and which basically this Sultan, uh, back in, in historical records indicates that he was given this religious and political authority over his people, that somehow the religious one was given to him by God, however you perceive God to be. What's interesting about this is that what you see in, uh, currently in the Vatican, and it was, was through the history of Europe— why do you think the church had over dominance in European countries? It's because the, the, the, uh, the, the, the Catholic Church at that time, the Pope was looked at as the servant of God, that God appoints him which is just, you know, just hype basically. I don't believe in that kind of stuff. So that's my opinion, but I respect yours. So, but because it was easier sell to say, well, God gave me this authority, then you are not going to question anything. And that was the Sultan, what the Sultan was doing back then. So Western European generally viewed them as a threat. They viewed the Ottoman Empire at that time threat. And many historians will agree because they agree that they regarded the Ottoman Empire as a source of great regional stability and security, you know, let alone also the achievements they have achieved in art, science, and so forth. That is what was very important. And there they expanded all the way from the Middle East all the way to Andalusia, which is in eastern part of Spain. All the way out there. So on the other hand, you look at the Persian Gulf, which is another, uh, power that was during its time that, you know, there is a lot of history. Majority of people— I recall when I wrote my Iran book, I had to talk about the Persian Empire. Still till today, believe it or not, a lot of people in the West do not understand that there is a difference between an Arab and a Persian. Persians are not Arabs, and Arabs are not Persians. So that's why in Iran, Iranians are not Arabs, they are Persians. So, so the Persian Empire is the name given to a series of dynasties, yeah, which was centered in modern-day Iran. Iran used to be a major power. It was the Persian Empire at that time, and that spanned over several centuries. Okay, we're talking about from the 6th, the 6th century BC to the 20th century. Look at the span, from the 6th to the 20th. So, so the first Persian Empire was founded by none other than Cyrus the Great. You know, we have a Cyrus there. Are you the one, Cyrus? So it was about around 550 BC. That's when it was, and it became one of the longest— the largest, rather— empires in history. So stretching, get this, guys, from Europe's Balkans Peninsula in the west all the way to India's Indus Valley in the east. That's how big the Persian Empire was. So, so this Iron Age dynasty, that's what historians David Oualaalou, give it the term sometimes called the, the Achaemenid Empire, was a global hub of culture, religion, science, and art, technology, and so forth, for more than 200 years before it fell to the, uh, armies of none other than Alexander the Great. Yeah, so this is why it's important to understand this part of history, because without it, it's just not going to make sense to you to understand that this corridor that they are agreed upon in G20 is nothing but hype. There is no way they can cross through, and I'm going to talk to you about the political aspects of why it's not going to work. So, well, with this, we need to also address the Silk Road. You can't You cannot ignore this part, the Silk Road, uh, uh, history. Why? Because that's China's Silk Road history. It's a major one. And I did find some old, old maps, and I'm going to share them with you right here. I'm going to leave this in. This is a reflection of way back. So, so the Silk Road was in itself a network of trade routes connecting China back then to the Far East with the Middle East and Europe. That's how fascinating that history of it. It was established during the Han Dynasty in China, which is officially opened up the trade with the West, uh, back in the 130 BC. So, and the interesting about this, and this one goes for long, long time, from 130 BC The Silk Road, uh, route remained in use till about 1453 AD. That's a long, long time. Why is this date important? Because that's when the Ottoman Empire boycotted the trade with China and closed them down, because the route had to go through the area that was, uh, occupied at the time by the Ottoman Empire. Although it has been now nearly 600 years since the Silk Road has been used for international trade, the route had a lasting impact on commerce, culture, and history that resonate even today. Now you see why. For example, when you look at— and I'm going to share another map here— when you look at this This is the Silk Road when you look at it. And when you look at what, uh, this G20 was trying to do, they want to create this through the Middle East all the way to, uh, uh, this area. I know you can't see me pointing out the cursor here, all the way to Europe. Well, first of all, what make them think that Iran is going to agree to that? You know, we pressuring Iran and sanctioning Iran, and all of a sudden Iran's gonna bow and say, sure, we will support the US in this, uh, economic corridor. This is why I am convinced that is nothing but a hype, no more, no less. So, so, and when you look at the, uh, the, the vast land of Euroasia, which was part of where the Silk Road was, it gives you an idea of how sort of massive, massive this can be. I did find, uh, in the archives a picture here of Cleopatra. I'm sure some of you will know the history of Cleopatra back then. So it was very, very interesting digging into this. So looking at this from the idea of how India— yes, it makes India look good and all that, but that doesn't gonna have to translate to substance. You know, talks, as we say here in the US, is cheap, but it has to translate into substance and practical, uh, applications. And the practicality of this, it's, it's surmountable. I just don't see them. I don't see it happening. So this is where I see that particular challenge coming in. So now, one question we need to ask, because you have to think geopolitically here And the question is— and I'm going to share one picture with you here. Uh, let me move this one out and let me share a screen with you. Uh, if anybody can tell me what I'm— what are you looking at? Well, you might, you might be able to see it anyway. Yeah, can anybody— yeah, you can read it anyway. Anyway, that's the Suez Canal. Okay, why is this important for you to understand? Well, it is important because how— if this route, this so-called the India-Europe Economic Corridor, goes into effect, which I don't foresee, in about 20 years from now, how is How is that going to impact or affect the Suez Canal? Well, there is legitimate question, and there is a reason for why it is important to understand. It's because if you look at the map here, the Suez Canal makes perfect sense for the current, uh, for example, the trade routes. So that's why it is not even possible to be talking about uh, any land road projects, which like what they are talking about in, uh, I don't know why this thing keeps turning. Sorry guys, I had to fix this one here quickly. Here we go. Sorry, easy fix. Uh, the land road project or sea corridor to link trade between, in this case, India through Middle East and Europe without considering the, the Suez Canal? Well, because here is the thing, the, the Suez Canal counts for about 12% of global trade as we speak. So who's in the right mind will want to go and create another project that will be costly beyond— let alone who's going to be paying for it And it's almost like the saying, where is your closest ear? Some people will go all the way around their head and say, this is, instead of saying this one. That's just to me, you know, because here's the thing, most economic projects will have to be measured in their feasibility, how feasible it is to do Project A or Project B. So, and this is how I see the challenges that lies ahead for this. So this so-called mega project for, uh, uh, the G20, ah, I, I just, I just don't see it. I don't see it because the, the, the massive infrastructure needed to, to do that And not every country is going to say, sure, just coming in and build your stuff here. No, not every— because there, there's politics involved into this, you know. And, and, and most countries who are already part of the Belt and Road Initiative, they're going to see this as nothing but a competition to the Belt and Road Initiative, no more, no less, you know. And they're saying to themselves, why we really want to do that? Why we don't want to go and create more? Because basically tensions, that is, you know, it's, it's— I just don't see. Of course, for us, the US, we— it's easy for us to say, oh, we'll back you up on this. It's easy to do, but it's not going to work. That, that, that's just how I see it. So you look at the idea of, uh, in comparison to the Silk Road, or Belt and Road Initiative, that is, you— when you look at the Belt and Road so far, what it has done— and I'm going to share some stuff with you, some stats, that is what it has done. And by the way, I found this info in a foreign language, not even in English here. So That's why I can't send you this, because you won't be able to read it anyway. So what it noticed was the increase in trade among the parties involved in this BRI by about 4.1%. Okay, the Belt and Road Initiative also sort of draw in investments, foreign investments, by about 5%. I already moved it. Okay, let me see this one here. Yeah, that's— and the idea of, uh, was moved by about, uh, the investment, foreign investments, by about 5%. So, and the domestic production for the countries that have uh, sort of, uh, low-income productivity, they saw an increase by about 3.4%. For the emerging economies, they saw an increase for about 3.6%. And this project, the PRI, that is, was about $1.6 trillion from the whole global GDP. This is what is accounted for by the— almost by 2030, that's how much is going to be the total cost for it, which basically this, uh, uh, exemplify about 1.3% of the, uh, global GDP. Uh, this project, the The BRI, not this one, the BRI, there is possibility that it could pull out— listen carefully— pull out about 40 million people out of poverty by, by the end of this year. So it will also will create about 421,000 jobs domestically in those countries. So, and there are more than about 3,000 projects in different countries. So, and this is where I see, because even the BRI or this so-called economic corridor and so forth, they are all— both of them will have to have one specific foundation that will be based on politics that will be based on infrastructure, that will be based on commerce, that will be based on financing, and it will be based on relations among countries. So this is where I see one of the major challenge that is going to be. Now we do have another challenge, and the other challenge is from none other than Turkey. Let me share, uh, image here with you, and if you can tell me what do you see in picture from body, body language. Present, share. All right, take a look at this and tell me what do you see, guys, in this picture. Ah, okay, what are we looking at here? We're looking at Turkey. Now, for Turkey, if this project to go through It won't be just Turkey. You're looking at Iran and Iraq. You know, what made the G20 to think that both, or, or, or all three of them— Iraq, Turkey, and Iran— will agree openly to this project? That's one. Okay, second, Turkey is not gonna— Turkey will have to get some concessions that works for it. Because here is what President Recep Tayyip Erdoğan said, and I quote, 'We say that there is no corridor without Turkey,' end of quote. That tells you right there, all, all this is nothing but, but hypes. So, because here's why Turkey is an important production and trade base. This is why Turkey's strategic location is is serving its own interest. It's right in the middle. If you look at the map, the world— let me get the world map here. I don't have the one for Turkey here, but, but you will see it's between, you know, strategic location where it's located. And this is why I am convinced more than ever that it is unlikely that this project will go forward because There are too many, uh, there are too many challenges that lies ahead. So, and, and in addition to that, which is the, the other big question, is who's going to fund it? How you going to fund this one? Because there's no— we're not talking about few billions here. So The other aspects of it that you have to look at is that the approach to all this is, uh, uh, uh, if you can use the term, the motives for why they came up with this. Uh, and, and there are some analysts, by the way, around the world. I came across one analyst from Turkey, his name is, uh, Mehmet Araki Büyüklu, you know, and, and I couldn't agree more with his assessments. Ukraine, because this project, this economic corridor, it was nothing but repercussions of the war in Ukraine. It's a result of that. So, and also because the West, collective West, is seeing how much their policies, especially with the sanctions against Russia, have backfired by now having majority of countries pivoting east, including close US allies in the Middle East like United Arab Emirates, like Saudi Arabia. So, and this is why you are seeing, uh, the decision was made, well, we'll agree on this communiqué to show the world that we're gonna do this and do that. No, because it won't go any further than you might imagine. Because it will be very, very limited, because it will have an impact on other countries. So because it will have economic impact, security impact, and political impact as well. Then you have to think in terms of, of the geopolitical rivalry, how this is going to shape the geopolitical rivalries among countries. Well, most countries going to have to align, uh, because geopolitically the international global stage is shifting whether we like it or not, we in the West likes it or not. So because what it's going to become is become countries going to have to think about their own interest. Well, not just because India said, well, we would like to agree to this communique, we create the corridor that comes from India. And India won't be able to afford all this. How can they afford it? Like I said earlier, India does not have the money, the funding. Not— India does not have the infrastructure for all this. So, um, and if India is thinking of this in terms of countering China, uh, that's the wrong approach. So, and, and That's why I don't see this working at all. So it will become nothing, nothing but just hypes. That's how I see it. So anyway, this is what I wanted to share with you guys, just to put this in perspective, at least to give you an idea, because you're going to be reading about it, you're going to be, uh, uh, uh, hearing about, well, this economic corridor is going to shift the global order. No. No, the global order shifting is the other direction. I had an entity reached out to me. They want me to do an analysis for them. And, and without going into more detail for now, I, uh, when I, when I'm ready to release the video, I'll let you know. And one of the individual involved in this entity is a billionaire, somebody who understand the dynamics of what's going on, on the world, on the world, or in the world financially. So, so I reached out and said, Dr. O, can you do an analysis for us about the financial aspects of it? And I had to address part of this because what you're gonna be seeing, the changes coming up regarding not only this one here, but the G— the— not only the G20, but also the, uh, the BRICS and the SCO and the ASEAN, is the changes to the financial structure. Mark my word on it. And this is why my first word was, who's going to fund this project? Because this one is in the billions, if not even in the trillions. It might take even $2 or $3, uh, or even $4 trillion to do. Why? Because the location as to where these things are going— this is why these projects, this economic corridor, want to bypass Euro-Asia. It won't work. Why do you think China went with its Belt and Road Initiative through the Euro-Asia? Makes perfect sense economically speaking. So, so, and the second thing, I always think, think pragmatically, it will behoove India to use its funding for, for example, uh, fixing the slums that exist there, fixing the infrastructure, not destroying people's homes Uh, you know, because it was nothing but a show. You know, how can you do that, put an image that is not the reality of your country when your country, when people in the country are suffering? That's, to me, a right leader doesn't operate that way. I mean, we have some here in the US, it's just not in a different settings. I mean, we all have our own problems in California that is now descending into poverty. If you only see the images in San Francisco and LA, you will think you are in some, you know, under— very severe underdeveloped country. And yet it's right here in the US. You look at our own airports, how old and crumbling they are, and yet we are going out in far land and saying we will back this or do this or do that. It's nonsense. It's nonsense. And this is where I see that the challenge to this aspect of why, uh, and, and again, I don't think emotionally, I, I, I think objectively because that's how I see it. You know, you're absolutely correct, TNT. India should fix its own infrastructure, take care of its people. I couldn't agree more. And again, there are those who think I am criticizing India or I don't like India. No. I am trying to raise awareness from within India as to what needs to be, as one looking from outside in. It has nothing to do with, uh, talking negatively about a country or not. It's because I truly care for Indian citizens. It's their country, of course. I mean, I have my own problems here, uh, So I don't, you know, I, I mean it to raise awareness. That's, that's what this whole channel is all about. Because I am not— to me, it's a waste of energy, guys. You know, you don't, you don't approach, uh, finding an understanding about what's going on in the world through this negative, you know, uh, reporting or pointing fingers. That doesn't solve anything. To me, if, if you recognize the problem, you solve it. You don't keep blaming others for it. You just go figure out what the problem is, solve it so people can benefit from that. So the leadership in India can serve its citizens by fixing domestic issues first before embarking on this project or that project that cost billions of dollars. Because who's benefiting? Just the elites. So because tomorrow or after tomorrow, the slums will still be there, the poverty level will still be there. And this is where the challenge is that I see. And again, I'm just presenting that out there, uh, for, for thinking out loud. So, oh, Francis Tango, I saw a question. David, can India ask NDB for money? Uh, I don't think so. NDB, a reference to the New Development Bank, which is part of the BRICS. Yeah, but this is not a BRICS project, so I don't see— and there are those, by the way, of you who said, uh, well, India cannot be kicked out of, of BRICS. That's true because it's a founding members, but there is another solution to that, is by dissolving BRICS and re, uh, you know, reestablishing it without India. But that will be, that will be messy. That would be— BRICS has to move forward. Basically, they can move forward and leave India outside, but it doesn't work when you have a— when you're lacking cohesiveness within a team, then nothing will work right. So, so I don't see them asking money. What I do see India doing is asking Saudi Arabia for money. Yeah, and I will believe Saudi Arabia will invest some money, but to the Saudis, few billions is nothing because they have massive oil. Look, they just— what they did with the oil production by maintaining the cut regarding the oil production, that tells you right there where things are headed. So, all right guys, I hope you find this very informative, and I look forward to seeing you next time. I might do another live stream tomorrow, not sure yet, but I need to do one on Locals and Rumble. So Uh, if I do set it up, I will post a link for you and we just go from there. As always, guys, remember, geopolitics impact your daily life in more ways than one. Till next time, bye-bye.