you're a very well respected legal talent people come to you marco when you see guys like jamie diamond j.p. morgan who scoffing if they point now he's done a bunch i was wrong i regret having said all the negative statements where the banks today in the space today consider the challenge are they trying to adapt as they can feed still where are they now the banks couldn't care less i'm telling you the banks could not care less and i confess in two thousand and twelve and twenty thirteen there were there were some undercurrents some sort of social community undercurrents about how the banks were going to react they were going to try to quash bitcoin they were going to try to get rid of it and make sure that it could threaten them it turns out that banks really were deliberately by because they don't feel threatened and i think realistically they aren't actually threatened so when jamie diamond so look i think big point is a fraud. and then changed his mind later i applaud that i think you know somebody should change their mind based on new information they should change their opinions based on huma

well first of all talking about millionaires and billionaires jamie diamond the head of j.p. morgan's once said about davos it's about billionaires explaining to millionaires how the middle class feels but well let's come to the u.s. president to twenty seventeen has been mostly about domestic politics especially the tax reform and twenty eight could be about trade issues and therefore it will be very interesting also here from a wall street perspective how the president will appear in davos really he strengthened his case was america first or will he sound a bit more open when it comes to trade relations now and the government shutdown made many nervous during the weekend now and even stretch into the week day as we know it but did it have a big impact on the markets and we now say something about it now that it's done. i heard it so often that it does not have a big impact on the market but then again when we did see on monday that there was a partial agreement and the shutdown can be avoided for an hour and rather quickly we did see the u.s. markets gaining quite some strength we s

we're hearing jamie diamond at j.p. morgan chase saying because of the tax cuts, he thinks it's going to produce 4% growth. if that pans out, you've just paid for the tax cuts. >> if it pans out for ten years, thank god. if it doesn't pan out, look at your children and grandchildren and thank them because they'll be paying for it. >> neil: all right. the concern about the deficits. i know this has been a big issue for you. seems to ring hollow when i hear democrats talk about deficits and debts that piled up under barack obama. they piled up under a lot of presidents, i'll grant you. but do you worry now that this could be a game changer? >> i don't worry at all. i hope it is. i'm here saying how i think that i owe my constituents all over my state why did i make my decision. i just explained to you. that's why i made my decision. i thought we could have worked. if it would have failed, we could have sat down and worked through -- >> neil: got it. let me ask you to switch gears. i understand your view there. we did want your v

you're a very well respected legal talent if people come to you marco when you see a guy like jamie diamond j.p. morgan who scoffing if they point now he's done a bunch i was wrong i regret having said all this negative statements where the banks today in the space today consider the challenge are they trying to adapt and so they can feed still where are they now the banks couldn't care less i'm telling you the banks could not care less and i confess in two thousand and twelve and twenty thirteen there were there were some undercurrents some sort of social community undercurrents about how the banks were going to react they were going to try to quash bitcoin they were going to try to get rid of it and make sure that it could threaten them it turns out the banks really were deliberately by because they don't feel threatened and i think realistically they aren't actually threatened so when jamie diamond said look i think big point is a fraud. and then changed his mind later i applaud that and you know somebody should change their mind based on human from asian nation change their opinions based on human