Will China and India's energy woes contribute to a worsening global energy crisis?
In the near term? Absolutely. I mean, we're moving towards renewables, but the infrastructure isn't there. Plus, we have all of these supply chain shortages given disruptions from the pandemic. And we're about to have an IMF annual meeting that is going to significantly downgrade expectations for global growth this year. And a decent part of that is increases in energy prices and shortages all over the world, China and now India facing the brunt of that. They'll do what they can to ensure that in the winter, the consumers have access because otherwise, people get real mad. But of course, that could lead to greater industry shutdowns. Again, more challenges on the global economy.
How are vaccine mandates going in the United States?
Well, it depends on what part of the United States you're in. A lot of the US, Biden of course provided support, and a lot of companies around the country are implementing them. Where they're being implemented, you see very significant amounts of vaccination, and the CEOs are generally happy about that. Of course, there's backlash. This has gotten politicized most recently in Texas, Governor Abbott saying he will not support. In fact, he'll make illegal anyone that tries to mandate a vaccine. By the way, only COVID; not other vaccines that are mandated for kids, for example, and will continue to be mandated. That's not a problem. Hasn't explained why that is. We'll see what he says. But it's good voting if you're in Texas. Talk to you all soon. Be good.
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