And our latest dictator [music] for

life, Xi Jinping, he's got this Belt

Road thing that he thinks is going to be

a good idea. Good luck with that one,

and here are the statistics that back me

up. Until 1960, the average tanker size

was 20,000 deadweight tons. And if you

look in our own day, the smallest

ultra-large crude tankers are a quarter

of a million. I believe that the longest

train can take maybe 600 containers,

whereas the largest container ships can

take over 21,000 cargoes valued over $1

billion. Not only is it far cheaper to

send things by sea, it is far more

secure. If you're going to run the Belt

Road thing, the belt part of it, the

land part, you've got to control the

whole thing end to end. You're going

through some of the most unstable places

there are. Good luck with that one. And

also for China, with its geographical

setup as it is, the seas are going to be

open to it only in peacetime. In

wartime, it is surrounded by loads of

neighbors, shallow seas, lots of

islands. They're blocked in from the

high seas for very predictable points.

In wartime, those places become kill

zones. Even your surface ships won't

make it out. So, a peace is definitely

the better thing.