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MacroVoices #366 Louis-Vincent Gave: Staying Humble in Troubling Times

Macro Voices

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Why Isn't the Energy Trade Working?

In China, you still have about 300 flights a day pre-COVID. A lot of pilots lost their licenses because they didn't fly enough hours during CO VID. Another issue in terms of traveling is most Chinese people's passports have expired and couldn't get new passports during the war. So maybe it's a delayed effect. But if it doesn't happen in the next three to four months, I think we'll have to consider the possibility that we're wrong.

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