g.d.p. plenty of headroom now we're running it we had three hundred percent private sector debt back in two thousand and nine now it's to fifty percent if you don't get a bit of a dip driven revival which is feasible at the moment it's not going to take you back up to the three hundred. percent level again ok because you're going to find a large part of what people to go into debt is the expectation of leverage going on asset crosses now when you look at the mortgage debt for example that being seventy percent of g.d.p. down from eighty thought the center of the peak you don't going to. be five percent again you will hit the wall and go down once more so what you're going to see is like a sucker's rally and house crosses ok told people in then it falls down again once more and i think you're going to see the same structuring lack of progress that japan has had for today ok so it's the japan thing going for and then japan turning japanese now we want to hear something that we have talked so much about debts insidious role in the private sector you're in the toll of it and you have spoken we'v