Because if you dont show theres Growth Potential i should say portugal increased its experts substantially, exports substantially. You have to be competitive. You have to have deregulation. Those are even more important than a devaluation, because a devaluation only last so long, whereas if you make the structural changes this is going to be a challenge for you had 14 of these stimulus programs since the late 1990s in japan, and none of them have really done the job. So you have to bundle this up in a packet, and put them through. So thats the best way i can answer you. I think that where europeans have fallen down goes back to the questions we already had they didnt put the emphasis on being competitive. They didnt put the emphasis on driving the fiscal side and the monetary said and looked the other way. Now theyre paying the price, but so is the world. Ladies and gentlemen, im afraid ive got the bad job of having to say, i think we better hold it there on this one. And what an outst
Rajiv has the rare gift of being able to folk coast on shop palm details. He paints a broad pictures. He listens more than he takes. He speaks to generals frankly, but so do the grunts and the other minor characters who drive the plot of any major story. This month marks the tenth anniversary of george w. Bushs invasion of iraq. Nothing written or said better explains the resulting folly than rajivs book, life in the emrad city, the green zone. And yesterday again, rajiv, gives us detail, the new book, Little America. Right now these days, a shortterm sequester to find 80 billion, but over the next decade we have to scrape up three to five trillion, which is just about what we managed to squander on an iraq war that left so many dead and so many more people who hate us. So lets start there. In the front piece of imperial city, he quotes t. E. Lawrence who advised his british superiors in 1917, do not try to do too much with your own hands. Better the arabs do it tolerably than you do i