which would be joint EU-wide coronabonds. And you've got people like Christine Lagarde at the ECB calling increasingly strongly for some kind of fiscal policy support to go with what the ECB is doing. I mean, the ECB, like the Fed, is doing what it can to try and keep financial markets operating and the wheels of finance turning. It's also trying in general terms to boost demand. But again, it can't do much to boost demand unless it's fiscal policy involved. So again, another prediction is out of this, we'll see coronabonds basically pave the way for joint fiscal policy in the European Union for the first time. And frankly, that's good. The coronabonds will be the new Euro bonds. Well, I've long thought that we need to have some kind of joint Euro bond. It's been very hard to break through the hostility of some nation states towards that idea. Nothing like a crisis to concentrate minds. And Europe in particular tends to only take world radical steps when there is a crisis. So I suspect (39/43)