The Credit Crunch Is Coming Down the Pipe

I think we're getting closer and closer to the high potential for a massive credit crunch coming down the pipe here. I don't know if you guys saw that piece, but the credits, bigots are certainly tightening. So it'll be interesting to sort of see how the economy in these highly levered households digest that. And my God, if it does happen, all of these like balance fund mandates are just going to get smoked because it's funny, right?