We did virtually nothing about Crimea, not that it is TSMC, and we did nothing ref Ukraine, again, not TSMC, but several things happened: 1. the transport from land to sea was accomplished and 2. Europe became dependent on Nordstream, not to be easily resolved despite the sanctions. The only thing that saved EC community was a warm winter, especially since we cut our own throat reference oil and gas production while using SPR and trying to replace it at 1.5 or more cost per barrel. We are probably at our lowest response level in years, having surveillance balloons traversing our country. We need to make sure any battle would only be on one front and not two. And you know that the Iranians, N. Koreans and Chinese are watching.
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