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He's in C's apply.

The first thing to do when it comes to geopolitics is to do nothing.

To watch, absorb and understand what the playing field is here, what the ramifications are.

I didn't think that we'd get this far this fast in terms of Russia's actions within Ukraine.

I've been slightly backfooted, but I've already been expecting a global slowdown in the economy.

And so I've been starting to position that way by buying bonds, some gold, some dollars, that kind of stuff.

But let me talk about what I'm seeing now, how I'm thinking through this current event,

and then some of the ramifications.

Now, this is geopolitics.

We have no real clue how this will play out.

That's why it's so hard.

Economic events are much more forecastable geopolitical events have many more different nuances.

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