eyal, okay. >> hello, i am very excited to be here and i want to thank you all for coming. would like to share and am glad to share with you my personal story. my name is shapira. i'm from jerusalem. i'm 25 years old and i'm studying at the hebrew university, law and political science. i grew up in jerusalem actually in a small town just outside of jerusalem called -- with my family. i have two sisters and right now i live in western slum. let's assume all of you know living in jerusalem either in the eastern part of jerusalem where most of the palestinians are israelis live or are either in the west part of jerusalem means dealing with the israel palestinian conflict on a daily basis. when i was 15 years old, the second intifada broke out and it was days of horror in the streets of jerusalem. i can say that a terror attack took place on a weekly or a daily basis, but it was something that we feared off on a daily basis. one of the terrorist acts that took place was inside of a high school in jerusalem. for high school students were killed in that terror attack. i didn't kn

my name is eyal shapira.i'm from jerusalem and i'm 25-years-old and i am studying at the hebrew university law and political science. i grew up in jerusalem actually in a small town just outside of jerusalem with my family i have two sisters and right now i live in the city of tercel. i assume all of you know living in jerusalem either in the eastern part of jerusalem or most of the palestinians or air of israelis live or either in the west part of jerusalem means dealing with the israeli-palestinian conflict on a daily basis, and when i was 15-years-old the second in fatah broke out and was days of horror in the streets of jerusalem. i can say that the terror attack took place on a weekly or daily basis but it was something that we feared on a daily basis. one of the terror attacks that took place where beside a high school in jerusalem, and for high school students were killed in that terror attack, and i didn't know them personally but i knew many people that knew them, and it attracted me that they were t

and we welcome eyally chinese transplants. >> what i'd like to do is kind of address two issues. first issue is the narrative. and i think -- think about the u.s., think's how -- think abouw many times in the past said the u.s. is on the way out. >> think about the rule of law, innovation, a financial sector that can get capital to the most innovative sectors and firms. think about the challenges that china faces. so don't count the u.s. out. a lot of the head winds that bob talked about are u.s. households, u.s. states and municipalities and the u.s. federal governmenting, reducing our debt, increasing our savings. that's going to feel painful right now but is going to put the u.s. economy in a position where it's going to grow and prosper again. you look at china, you know, trees don't grow to the sky, and i know li ben and his colleagues at the national development commission are rightfully very focused on the medium-term challenges that china faces. china has huge demographic challenges. it's facing decreasing returns from ever higher levels of investment. if you look at chin