Mr. John McCarthy:

I think it would have made a difference in some respects but not in others. If we had 100 economists we still would not have foreseen the global crisis, but what we could have done, Deputy, is we could have allocated more resources to looking at where the imbalances were really becoming problematic. Where the Chair mentioned, we could have shocked the property model, the construction model, to see, but we simply didn't have the resources to do that.