Don t even want to get to the point of talking about a recession brought on by that soaring inflation. we of talking about a recession brought on by that soaring inflation.- on by that soaring inflation. we are havin: on by that soaring inflation. we are having soaring on by that soaring inflation. we are having soaring inflation. on by that soaring inflation. we are having soaring inflation. post - having soaring inflation. post covid, we did expect it because of pent up demand but monetary authorities like the ecb and the bank of england, they were convinced it was transitory and we would see it was transitory and we would see it dissipating but that is not the case. it is picking up pace and we are now predicting we are going to be having figures of around 9%, very high interest rates are going to discourage firms investment because obviously if you have high caste finance, you need to be more profitable in terms of your project to repay and still make a profit and individuals