Can you just tell us a little bit about what each of them are and again, like how the business owner in the lower middle market should think about these?

Yeah, cost of capital is going to stay more expensive than it's been in the past.

I mean, honestly, I hope we're never going back to like 3% mortgages.

The reason why I say that is because if we do, we got big problems with the economy.

And that means interest rates are going to go to zero.

I don't think that's going to happen again.

I really don't.

McKinsey.