I don't know, boddhi. The extension of credit on the basis of a deposit base built on inflow of foreign money earned from US net imports may be critical source of global demand or to put the same point (i think) differently, without ability for the US to tolerate a run up of net indebtedness, global economy may founder on insufficient effective demand. But doesn't this deprive the underdeveloped countries of foreign capital that could have been used to fuel their growth? Yours, Rakesh