well are those like intel that have more than 50% of their revenues coming from overseas. if you look at the earnings numbers that we're seeing in the first quarter of this year, time and again, it is the same story. it is china, india, brazil, emerging markets. those are the places where general motors, where ford, where intel, where all the big companies are making big bucks. even boeing. you're looking at overseas markets to make money. now, that is not the case in the united states. deficit, debt, leverage, worries about interest rates, worries about the future of the economy, worries about the jobs. they have a corrosive effect on consumers and that's why you have schizophrenia. >> richard, i love it when anybody who's an economist tells me something is simple because usually it's 18 parts to an answer. you're exactly right.