I guess I'd like some clarification on the question.
The numbers I quoted on the increase in delinquency and impaired are from our general population of clients, the 29,000 clients. So is the 75%; our very large survey of thousands of our clients shows that 75% are looking at investments over the next 18 months.
That is, quite candidly, very different from the clients we have in the venture capital sector or from the investee companies we have in the venture capital sector. So I'd just like to clarify whether you're talking about the overall economy generally or specifically the venture capital sector. The dynamics are very different.