A. Is It Temporary or Permanent?

I think the contest to end tis antagonism rooted in sid air architecture is still alive and kicking. I tend to a be of the view that we've done something that is more temporary than permanent in nature. And if it is temporary, presumably it could start to come under strain soon. A we have rising inflation. We have the possibility of the e c b having to deal with that. There are flickerings of familiar unease around italian politics,. ar italian bonds, and the spread to widen.