COVID and Supply Chain Disruption

I don't have a strong opinion in terms of magnitude because the supply chain disruptions that we saw coming from COVID were obviously dramatic and in some cases, immediate. And I think what we're talking about with rising global conflict is much more of a chronic situation. If there were a hot war, for instance, if the Chinese invaded Taiwan, which I don't expect to be imminent in any way, then you'd see a dramatic impact on supply chains globally. But you need to have simply this reversal in this trend toward globalization and an increase awareness and concern over just the overall climate of international relations,.