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It does seem to be out of left-field. The rise in demand has slowed as far as I know.
I also don't understand the part about a lack of bankable projects. It's a big claim, but I don't know that there's much reason to believe it. If you just look at infrastructure, there are so many ways that we can spend money on manufacture. I mean, that is part of the argument about alternate energy modalities. You get new efficiencies, and you get the demand for the new infrastructure, which spurs growth.