The Three Things That Are Going to Slow Down Growth of the Global Economy

The United States is the largest producer of fossil fuel products. We have, if not the best price on natural gas, it's certainly among the top one or two within the world. When you combine those two, the cost advantage of making products in Asia and specifically in China with cheap labor, well, that goes away. And so to the extent that energy and food was going to be impacted by the sanctions in Russia, it wouldn't be the same effect that the Arab oil embargo had on the US in the 1970s.