There are basically two transmission mechanisms right now from the U.S. subprime mess. One is through in demand, which we talked about earlier, but the other, as I think you're rightly pointing out, is through the financial system.
The fact that financial institutions around the world have been hit by this, some hit very hard, has probably led many boards and many management teams to rethink credit standards and whether there should be a bit of a pulling back of credit availability, even though, at the other end, the quality of borrower hasn't changed in the slightest.
There is a very legitimate fear right now for all people who need to access financial markets and financial services that they're going to lose some degree of access, either pay a higher price...which has already happened in certain markets, where people are paying 25, 50, 100 basis points more for the same thing they'd been getting from the banks back in August, but probably more on the volume of credit available.
So you might have to pay a higher price when you can only get two-thirds of what you could access in terms of working capital three or four months ago. That is a legitimate concern, and of course it really flows from all the problems in the financial sector, then rippling out to the rest of the economy.