. >> it is this catch phrase, double dip, not good like a dupe dibble of ice cream is not a good thingof people put it at 1 in 4. where do you weigh in on that in. >> slightly above 1-4. the base case will not feel great either. the base case is this notion of stalled speed. think of a plane needing to go forward and suddenly cannot go forward fast enough. for people who are unemployed, want to send growth is not enough for housing market that is in bad. i hope you get stalled speed. if policymakers continue to dither, the problem ty of a session goes up. >> it keeps interest rates very, very low. >> it does. it makes people feel very unsettled. >> great conversation. thank you very much for helping interpret this force, the ceo of pimco. [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. m