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And hopefully it remains that. if greg is right that the financial market in china does not translate into a full blown recession or hard landing, then i think it would be a loot lot like the asian financial crisis of the late 90s or the big nordic financial crisis of the 1990s where major tumultuous financial events take place in the world but it doesn't derail the u.s. from its otherwise growth path. i would just raise this dark cloud over that you have had a really substantial rise of debt and borrowing in china. and that is the kind of thing that leads equity bubbles to translate into deep...

Amazon.com. here now with three secrets for winning over angels is david s. rose the chairman and ceo of gust, which operates a deliberative platform for early stage equity investing and he is a founder of new york angels. he's also the author of the new book "angel investing: the gust guide to making money and having fun investing in start-ups." what more could you want besides making money and having fun at the same time. >> that's the goal. >> you've been doing this for a long time. you see so many pitches. and there's something about the successful ones that pique your interest that a lot ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Economist, noble laureate, university of chicago who looked at this closely and shade why aren't we get growth coming and cited europe, and fell off the growth path around 3% after world war ii and he concluded, as jason was just suggesting, the welfare commitments they'made. it was unsustainable and the growth rate dropped permanently and lucas raised the question whether the united states itself was on this lower, long-term growth path. that's the question. >> so, jason, what's-- where do we go from here? particularly if you're conservative, what are your-- where does the comeback begin? doe...