hitting, atory is the same time, can they absorb those two thrushes? think they are desperately trying to balance both of those stories. the real challenge is to support the domestic economy without getting the depreciating significantly. and getting labeled as a currency manipulator. they have tools to deal with it. they are trying desperately. when push comes to shove, if they have to choose between one external aspects and maintaining economic growth, i think they will pick economic growth. they are not there just yet fully. slow down to somewhat. if it gets closer to 6%, we will see all of that flair out quite nicely. jonathan: i spoke to larry earlier today. he was quite clear that he thinks the science suggest china is a lousy investment. >> they think is going to help offset the u.s. effort to get rid of their trading. ise of the currency fall, it just money leaving china. it has allowed the investment. if that continues, that will really damage the chinese economy. >> what do you think of that? >> i think he needs to keep along that line of rhe