Russell Napier's View on Financial Repression

Muddling through is the most likely outcome, I think. Now, that can, of course, include some financial repression. So it can include periods where we've just seen one, right? Mm-hmm. And when you sort of look forward, Russell Napier has also been in this podcast, and is actually a pal of mine. He's been very vocal about financial repression,. he believes that government will ration credit and force people to buy their bonds here and across Atlantic. Do you share that pessimism, or do you think we'll just kind of, my friend, Andrew Smith, who's also an economist, says, well, usually we just muddle through