Telfer. The recession of the early 90's started as a result of Black Wednesday in 87, it was a doozy. I agree with you that this will be much worse, but it hasn't started yet. Covid is the trigger, but the real impact comes (the trough) about 18 months later, so around September 21, if we have defeated covid and the state borders are open again, that will mark the recovery point. Airlines and Tourism are the very last to recover. So as an minimum around end 23 before some sort of normality is restored. My main concern is that historically we were expecting a recession every 10 years thereabouts, so we were sort of prepared, or at least braced for it. Today people have no clue what to expect, our kids think they are entitled within a throw away society. I'm really concerned when those two things meet.