so it's wizardry it's medieval witchcraft it's it's not medicine so we should not use terms such as pills which suggests that there is a science behind this and a modern application of knowledge in science it's just it's just not medicine at all as an analogy if you start to see such a deeply destructive paul the scene why is it being used in the first place well there's really a couple of chief reasons for this number one it's an idea that people are just very comfortable with especially in northern europe it's kind of like a protestant morality play that we're seeing played out here so the idea that you can fix one's economy through these kind of austere measures which force one to be thrifty not praful get sounds very good to most people in northern europe and it just resonates with their protestant world view and of course that's how you run a household in terms of its economics if you get yourself into debt you don't just

go out and continue to spend freely you actually cut back in terms of your expenditures but this does not work when running in an economy the other answer is just very quickly because it's very important just make it interest so in other words this also works in the interest at least in the short term of banks and they're very powerful ok what i'll turn it is do you suggest well the alternatives are as thoughts we need to re invision an economy that actually has real productive investment austerity policies do not generate this. any economy over the long term will be starved and will ultimately crumble if it does not have investment these austerity policies are not generating investment capital i mean all they're doing is actually cutting consumption and thoughts by doing so sending very negative signals to private venture capitalists regarding the prospects for future demand and those signals are. you shouldn't be investing in the real economy because

there's not going to be demand in the future so we need to have an economy which is reorganized towards the goal of real investment in production and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said let's be easy inspiration for european leaders grappling with the euro crisis how do you respond to that well christine legarde and the i.m.f. generally and the pundits who have been supporting austerity as the proper solution for what ails the world's economies have been desperately seeking a success story and they think they have finally found one in latvia so we have all of these failures and there are some aspects of the latvian austerity story that

one could read as a success we do have a return to economic growth after seeing this really huge collapse which occurred in two thousand and eight but of course there are big problems as well my short answer is that it's ideological they need an example that says we can pursue austerity as a solution for those economies who are seeing significant both public and private debt levels once a series is introduced how to shift from it and towards what's it's very difficult if you have to adhere to article one twenty three of the european union agreement or charter which says that you no longer have currency autonomy the best thing that you can do is actually to. retain your own currency and then to begin creating credit as governments can do and then to begin using that credit to invest in real enterprises which will produce real goods which will. in turn produce revenues

which will in turn produce social services a year ago and glenn marko famously sat either you're a famous you have to win the thing you do still see that's coming it's too early to tell and of course everyone likes to ask this question it's a good question it's an important question but it depends just how much germany is willing to put into saving the euro project. increasingly it seems as though they're willing to invest a lot in order to save the euro project so i wouldn't bet on its demise in the short term but it's difficult to say of course what the future will bring us back in the euro zone survive though we can record these on board for example greece. you know this question is a very complicated one and in the euro zone one in the european union we need to think about what its purpose is. if its purpose is to have economic integration. it would be a very very big blow if the euro zone of course failed although you can still have

trade agreements which facilitate trade between member countries without having a single currency in some respects the euro has actually prevented increased economic sustainable integration and it's done this of course through creating all of these problems of the periphery countries of the european union so in some respects it's again preventing the kind of sustainable integration of european economies and in effect. as many of the critics predicted at the outset you just cannot have this significant level of inequality in terms of the size of both incomes within countries and their total economic output within a currency union so. the project is is developing as its critics had anticipated problems monson in the banking industry especially in

countries like spain how do we see moments in the eurozone when it's quite possible of course because in the european union they haven't cleaned up their banking system at all and in fact in the sun's it's actually worse than the united states and they might have a larger crisis it's again too early to tell but the conditions are in place for a very big big crisis the united states. actually purged its system of many of its bad banks something that europe has not done at all so it's possible all right but where do you see the euro in the years time. again a very very difficult question. i think the euro is still going to exist i don't think there will be a dissolution of the euro zone. and i would only give even odds on the greeks actually retreating from the euro zone. people are very psychologically invested in the side dhea that the euro is the only

path towards stability in the future i mean even in a country like greece which has been so hard hit by the crisis people are even more fearful of retreating from the eurozone because they feel that their savings will be wiped out that their pensions will no longer be viable that there are health care system will lose even further access to the capital that's required to purchase the medicines in the technologies that are needed so there's a lot of fear and very legitimately so so. i can't see the system just unraveling without some kind of large external shock which can always come i mean we never know but it would take a large external shock yet to bring the system down on the other side of the ocean the u.s. federal reserve has embarked on a new round of quantitative easing how much inflation does the u.s. exports won't winds well as you may know i mean the united states has been exporting inflation since the one nine hundred seventy s.

i mean this is how it's traditionally dealt with its economic problems and so in effect we're seeing some consistency in terms of policy yes some of the united states is exporting inflation and it's causing commodity prices to be higher than they otherwise would be as all of this money as you know which has been created is racing into commodity markets it's difficult to put an actual figure on the amount of. inflation that we see in the entire economy as a whole it doesn't seem to be impacting general rates of inflation that much it just seems to be tired. getting commodities and in effect kind of balancing the deflation that we're seeing in other areas of the economy so it's. it's not as dangerous as the critics predicted it would be so right from the outset i mean now we're on want to tate of easing. number three right and so with the first set of quantitative easing it was predicted that this would generate massive inflation and

it did not not not that it's generating no inflation it's just not massive so it is not a fact in the eurozone i don't think so and i think i think if anything the european union is now moving in this direction it's saying that it needs to do something along these lines of course a very poor solution for dealing with economic crisis it's marginally better than doing nothing but there are better solutions and the better solutions are keynesian demand side solutions where the government actually spends heavily on infrastructure creates demand within the economy which then leads to increased investment in production and improvement of the overall economic environment i mean this is a classic case of what john maynard keynes called pushing on a string i mean you can just keep feeding money to the bankers given all of these once you do well daria on one level what we need to see of course are a whole new set of policies that will actually reintroduce demand into the economy now winston churchill used to like to say of the united states that the united

states always did the right thing and then he would pause for a long period of time and say after they have exhausted all other options now i think with both the european union and the united states we're coming very very close to the realization that we've exhausted all of the bad options if we may finally return to the kind of classical keynesian solutions which were applied to the crisis of the one nine hundred thirty s. that may actually bring us out and that's my great hope so we really need to hope that we are finally at a point where we understand the. the solutions that have been applied thus far have not worked. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them

even told me directly that i was too short to deal with the clients could you just already spend three months in this hospital and plans to stay for another four to add the coveted seven centimeters to his stature invented by the famed soviet orthopedic is good for you is there a from the nine hundred fifty s. these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them apart and therefore stimulating tissue regeneration it was out of was able to reshape arms and legs and people who thought they were crippled for life be sent to the other patients shattered bones and in many cases their shattered lives before the main goal when professing the result of design his first brain using bicycle parts sixty years later he says invention is increasingly being used to help people quite eager to fracture their legs to become a few centimeters taller than the ultimate goal is still the same six thing somebody is live both literally and figuratively about

a third of patients admitted today it was out of center now days seeking series three focus magic reasons most of them a man and most are not what you would call vertically challenged professor novikov who operated on many of them says it usually comes down to a man's pride some of the first patient to turn to us with a leg length in the request to meet his fifteen centimeters to be still want to surgery because panos two than him like to say that we need to break their legs in order to fix their head maybe nothing wrong with them from an orthopedic point of view but there is something psychological that pro. benson from living below is fully being happy and we fix it like lengthening surgeries a band in many countries and even the will out there press expand safe in russia the entire course costs eleven thousand dollars about one tenth of the similar package in the united states. financial considerations were one of the reasons that brought this washington state native to western siberia his main motive for the

surgery had to do with how he fared in the auditors in america advertises one seventy five i was one sixty seven or one sixty a console one eight centimeters would have brought me right to average users wanted to be average for women height isn't so important you know i think girl can be short and it's not a big deal like your guy is like expected to be taller just before the operation most this matter a russian girl who found he's a regional hype quite endearing yet he still want to have had the surgery adding seven more centimeters to he self-confidence she told me the whole time you're crazy you're normal you're perfect. so now or should i call you so what a compliment for somebody who's used to falling short of his own expectations.

won't do the trick like fish or swimming bird you can catch both of the premier mares like deviation show of the summer check out a whole family of russian engineering feats didn't let ships truly fly or just go with the flow and take in the view of the bay below but hold on there could be turbulence on board the plane it's only jet powered in p.b.'s plane. ready to tear the life of the world's most powerful choppers and you've got a team ready to joust in the plague. technology here on along with the future of. morning news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations rule the

day. and feel seriously angle continues to grip you're in frustration over spending cuts turns violent as purchases clash with police in madrid. syria and iran top the debate this is the way the general assembly was russia calling for an end to countries signed stepping the one that's israel rolls up the prospects for you. joining us on the address is world leaders at the u.n. tearing into washington post silencing whistle player was speaking through an r.j. sponsored video adding some bad for those embassy in london and still hold up. the latest false news next to with the union and it's very interesting in the

russian premier. thanks for joining us this is sports with a plenty head over the next ten minutes saying clearing the following. army men overrun struggling to shock the premier league leaders heading into the weekend c.s.k. moscow put together their longest winning run this season. cruise control it truly is march towards the last four of cricket's twenty twenty world cup shows no signs of relenting after going to taiwan on south africa. all black arts new zealand rush argentina to secure the inaugural rugby championship title and extend their winning run to fifteen matches in the process. russia is set to spend almost double the early estimates in the build up to world

cup twenty eight doing that's according to the country's sports minister plenty of expensive stadium and infrastructure work ahead for the country no after. this weekend this somewhat surprising eleven cities list which will host the event. very usually just i mean the tournament will cost us around six hundred billion rubles which is approximately twenty billion u.s. dollars fifty percent of those costs will be covered by private investment while the government will handle the other half. two regions had to be dropped to make the final shortlist of twelve stadiums in eleven cities cross the door and you're seeing their dreams of watching the sport's biggest stars up close surrounds the surprise inclusion in the list the city not really noted for its faulted for pulling tradition while russ the dark and currently post to top like sides. can i stay with football where there's a new team meeting the way in the russian premier league moscow had been the team to catch on court they were the first of the games was in moscow

seeing off the city rivals ten men. as usual and alexander scoring two goals either side of the break which made the difference for the points africa in particular and they could have all the problems in the fence all day long those problems worsening when starland islands where you see the straight red after lashing out at nick wiltshire two nil do not know the final score their second straight win moving them up to twelve after the ball. while angie went top believe for the first time ever beating vogue at the spiked some dressed up there's a special cup win over so many levels go up the end of the first tough deserving of those who look the same way setting up the fifty one scoring. seem off the roof on the necessary space to tie proceedings right before the hour. seeming fired up for when he took manish into his own home this idea of just. the ceiling a lot more i.

made it two wins on the trot the title contenders always with the upper hand away to rust off to nil by the half hour mark eventually double bubblies for. affordable funds for line the tougher standard food move up the joint six twelve a stall for men with only nine points from nine games. the losses keep mounting for spartak moscow who may have lost another key player this week goalkeeper under dick on aggravating last your shoulder injury during a league. leaving plenty of questions ahead of their champions league battle with celtic it's still not known how much time the ukraine will miss and whether or not he'll return for choose these big contract the thirty five year old as we want to support types. this season but suffered several injury lux's dating back to last year brazilian midfielder rahman who is also months from the from talking out again following the surgery in germany. test. your pace vice captain deacon in

between this. on the moto g.p. circuit overall leader jorge lorenzo played it safe by finishing second behind the oregon crown prix the spaniard smartly settling for the points after almost crushing out early on the rain so started from pole but was determined not to repeat the fate of his colleague stephan rubble and suffered a scary accident the twenty five year old almost letting off the track himself and produce it past him and maintained a comfortable spanish rival on the beat of the sea you so mean well it's nothing to third place the end of the still top dog holding a hefty thirty three. boxing russian alexandra pervade can successfully defended his w b a super heavyweight title knocking out how seem man in hamburg the thirty three year old showing little mercy on his american opponent dominating the box with victory coming in just the second round by way of stoppage

extends his record to twenty five victories no defeats clash with multiple world champion for the year klitschko another moves the little bit closer. to cricket australia are cruising towards the last four stage of the twenty twenty world cup. he also he's making short work of south africa on sunday australian eye for from four of the tournament opponents traveling from the office they took to the crease on the slow track in colombo zavvi a dollar to two to three weeks off just balls so they often get picked up the pace somewhat towards the end of their innings though finishing with a modest hit respectable one hundred forty five or six. history in showing with bob in holland was tailored once again the wrong competition top scorer shane watson incredible display from the sydney sixers all rounder thumping seventy off forty seven balls a string of march to their tally in seventeen point four overs the age of the with the win means there are now all but guaranteed a semi final. moving to tell us where

a one man ako us claimed his fourth title of the season on his first on the hard courts of the malaysian open the argentinian outing his name to the list of champions of a tournament which only got its start in two thousand and nine the twenty eight year old last thing julien beneteau in the offense the longest not sure number eleven go starting that three hour extravaganza by taking the opening set seven by a mile beneteau was quick to respond i think i i think it's either i am enough to finish the comeback seven five four six six games that i just can't be never a problem for. those who are new zealand how it will mean or world rugby championship after a demolition job on argentina in buenos ariz the one sided victory handing the all blacks on a sailboat lead at the top of the four team group it means they become the first winners scholl for the tournament all to place the tri nations after argentina

printed in the form out it was actually the pimas who sees the advantage scoring the first try to a seven minutes the stairs turned on the style after that jane the talisman helping himself to trick i j. a fellow when you're feeling unsafe and you're out of a brace to complete the comfortable victory the world champions thank you by sending a ring around. while south africa's bryan habana showed us surely he still got the skills that earned him i.r.b. player of the year on mission two thousand and seven to twenty nine year old in training cycle in second place in the standings overall by helping demolished all b.'s in pretoria we can before they know the history try by having two more scores in the second half the casing is worth aspatria about twenty six your back is a new purchase also contributing to tries in the thirty one. all your sports flow out season.

news today violence is once again flared up. these are the images the world has been seeing from the streets of canada after. shank operations are today. he won't come into the future like a fish or a swimming bird you can catch both at the premier maritime deviation show of the summer check out a whole family of russian engineering feats that have let ships truly fly or just go with the flow and take in the view of the bay below but hold on there could be turbulence on board the plane it's only jet powered and phidias plane that must

really. tell the love of the world's most powerful choppered and you've got a team ready to douse any flames technology i'm doing here on r.g.p. we've done the future and have. closure is that so much different and there's a huge percentage of the power of my task to friends in the arab spring arab winter where does this great liberation project stand in the arab middle east and where is it going are the forces of reaction. there are those who desperately need it to survive. to spoil kong is the time to give money to on the lookout. for goldman the fish. and the suppresses the prize the rights or the food for. those who don't get their share of the traits. good by downloading god's good god awful article in today's

dollars but not the one that upset people need to know about it i mean not look anything from the company from. the those who suck it out to prosper. and sign the city's plan. from you not from. some. nice licensing. no one can live without it's in one of the largest blood banks in the world. not a night you're. on our team. which brightened. some from runs to the pressure.

start on t.v. dot com. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do tell a story they tell us story of. the oxen. wealthy

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