I think that’s understood as a policy issue in China. I don’t think it’s understood as a policy issue in the United States.

It looks like it’s the last call for Mexico.

I’d rather see the state work with all employers to see if they can come up with incentives to spread the risk among a broader pool. This is a Band-Aid, arbitrary, firm-specific solution to one...

The demand shock from India and China could turn into a supply shock because the reserve situation is so tight. Plus the geopolitical risks.