you think are the key factors responsible for that? So I think if you were to look for the bumper sticker, we've entered in a world not just of insufficient supply, and that relates not just to the supply of goods and services, but also to the supply of labor, but also in a world in which we have either pressed polls or reverse on globalization. And that in itself has an additional set of consequences for the global economy. I think the first element insufficient supply, we live it every day. It's harder to get things. It takes longer to ship things around the world. It's become much more expensive. Oil has become much more expensive. Energy is more expensive. Gas is more expensive. And then there are labor shortages. I think all of us are exposed to these labor shortages. So we know what that world looks like, and there are certain aspects that are good about it, which is higher wages, and in particular, higher wages for the less well-paid, and that is good, but it is also (7/43)