Marine insurance

Right.

I think the efforts of President Trump to allow US marine insurance are not going great.

Right.

And so right now, if the EU and the UK still sanction Russia, and by the way, Russia's on their doorstep at a threat.

I think over the last four years, what has happened is the West is new, but the rest of the world understood that oil trade and shipping and global trade have its own choke point.

Not a physical choke point, it's a financial choke point.

That financial choke point is basically marine insurance.

To ship anything in the world, if you want a ship to go into a port, you need three things.

This may break the back of the British economy long term.

And if America becomes the center of maritime insurance sales, that is a massive change in global power.

And it's in favor of

the United States.

With cozy political connections and a stronghold over critical industry, the Samsung Group took off.

In the years that followed, it acquired Hankook Fire and Marine Insurance and Chohung Bank, while also becoming a major shareholder in four other banks.

Less than a decade after acquiring that first sugar refinery, Samsung was the peninsula's most powerful conglomerate, and Lee's net worth was estimated to represent nineteen percent of all South Korean wealth.

The company had burst into a massive success.