 Mohamed El-Erian there. Russ, that difficult fiscal situation, what is he talking about there? The UK has a debt-to-GDP ratio of around 90%, so the UK owes more than £2 trillion. That's not unusual for economies, though, is it? It used to be. It isn't now. And I think that's one of the interesting challenges. But to go back to what the former Bank of England governor, Mr Mark Carney, once said, the UK is dependent upon the kindness of strangers to fund itself because we spend more than we earn.