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>> yeah, we're up to our eyeballs in debt. so is europe. the middle east is literally on flames. so in many ways, we're going to have to find some mechanic to create economic growth and some rational spending policy, is that's going to mean dealing with the reality of our demographics problems and our entitlement problems. >> but isn't the mechanism of growth, which we all agree is the only way we're really going to solve these problems, what we saw in the marshall plan, which was a debt forgiveness for germany after the war, so that they could build an economy and germany that could grow, deb...

depression era that simply numb measures the number of transactions in our country, but does not measure what those transaction is for. so a transaction that steals money is a equated to a transaction that creates value. in this instance, we're looking at extraction in this country, which looks like it's getting a little more busy. we've, of course, fired up the extraction machine again, using all of this invented money that's being funneled into our systems, the trillion dollars out of europe. and as evidenced by today's rally on wall street, up 340, the equity holders, the stock ho...

depression era that simply numb measures the number of transactions in our country, but does not measure what those transaction is for. so a transaction that steals money is a equated to a transaction that creates value. in this instance, we're looking at extraction in this country, which looks like it's getting a little more busy. we've, of course, fired up the extraction machine again, using all of this invented money that's being funneled into our systems, the trillion dollars out of europe. and as evidenced by today's rally on wall street, up 340, the equity holders, the stock ho...