We went through effectively, Mr. Chair, a balance sheet-type recession in 2008-09. I think there's more and more research that looks at the causes that precipitated it. Certainly the buildup in household debt relative to income was a factor, with the drop in asset prices, particularly in the United States and in other places in the world with house prices. We didn't see that. We were still.... We have this significant debt.
How do we get ourselves out of it? I think there's no quick solution. Right now we've seen moderations in the rate of growth of mortgage debt and credit debt. I think this is helping to bring things back into line. Obviously, economic growth would lighten the load on some of that debt as well.