numbers? in terps of the 3% economy, maybe a 2% economy, and that's where we've been. >> interesting that bernanke used the "word depression" to describe the market. thank you very much p concerns about ukraine and ngzedded sanctions between russia and europe. global chief investment strategist at black rock. morning to you, russ. >> morning, simon. >> the elephant standing in the room, of course, is that in the last 24 hours, your firm is an as provider to the ecb to investigate how it might by asset-backed securities across europe. what does that mean? they say there's not conflicts of interest, can we talk about europe? >> well, happy to talk about europe. i think, you know, per steve's comments moments ago, the challenge in europe is you've got a very slow recovery, the continent on the verge of deflation, and the question is