don't have to be germans but they can expect to be -- but then they can't expect to be paid like dper mans. so you have a 25% gap between southern europe and german labor cos costs that are on the closed by deflation. this is a long, painful process that will precipitate a five to seven-year recession in the southern european countries and there you're talking about close to 40% of europe's gdp. the only other alternative is a long-term transfer from europe's north to south. re-unification of germany caused same problem of differing productivity. what the germans decided was they proposed a solidarity tax imposed on west germany to bring east germany up to west der man standards and it was envisioned as a temporary transition mechanism. it's been in place for 20 years and there's no concept of withdrawing it even at this stage. what you'll see is a transfer from northern europe through taxes and payments and aid, directly and indirectly through higher inflation, in order to bring -- reduce southern europe's debt. one point that you raised in both mr. chairman and you, senator johnson raise