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45 on aa. that should give you a sense of the magnitude of the problem. but i do think you re starting to see some more interest on this from republicanses. we did get some debt ceiling spending discipline even if it wasn t as much as we would have liked. i think also the fitch report, i mean, fitch is not clairvoyant, there are reasons to dispute some of their assumptions, but it s forcing the biden administration to have a conversation about this. they can didn t dismiss can t dismiss fitch, and it will force them to dress things address things like their car subsidies or health care subsidies that are simply not sustainable. paul: dan, the risk isn t default here, but it is rising interest costs perhaps because they re going to charge more for our debt. i guess the danger down the road is that someday the world which lends us a lot of money will wake up and say, you know what? we re not going to do it anymore. [laughter] right. exactly right. and then they can ask janet yellen ....
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And it is very interesting because when china had a lot of car subsidies they had enormous sales but when they withdraw the subsidies six months ago, car sales fell. and, really, that has been the universal pattern. a universal pattern. it is not just electric cars but small cars and all sorts of things and that has been the pattern in china and that is why the chinese car market is not as good as it appears because it has been subsidy driven. the electric car that buffet was this, they sold 53 since march of last year and all of the sales went to an affiliated company. neil: we contacted g.m. and the spokesman put out a statement on this brouhaha, there was no plan to built the chevrolet volt to china and despite the chinese subsidies we will export it to china from the united states. how long will they do that? guest: that will not happen. ....