baskets, the traditional bread baskets of growth. That doesn't mean everybody else isn't going to get it. It just means that those guys are getting priority. Another thing that we've seen is that the credit numbers in the first quarter are actually somewhat deceptive because they're lower than one would think. And that's because of physical disruptions to the credit market. So people could not go out and get the loans they needed. They cannot issue bonds because the economy was in lockdown. Banks were closed. People couldn't travel places. Well, the banks couldn't be open remotely. Why is that something that would seem to be one of those things that wouldn't need to be impacted by the lockdown or at the margin shore? But why would banks be unable to extend credit during a lockdown? Oh, some can. Some can. But the entire Chinese economy, it wasn't in a place, no economy on earth is in a place where you just call up your banker and then every loan would be extended automatically. US is (32/57)
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