The criterion is low cost. The criterion is not geography.

Our path is not going to linear and smooth.

Our path is not going to be linear or smooth. It's still early days.

God created war so that Americans would learn geography.

The real players are still not playing in the marketplace and I think the (low) volume is indicative of that.

It should not be a source of low-cost financing for countries with ready access to private capital, or long-term welfare for countries that cannot break the habit of bad policies,