tom: let's come back with john ryding of ourdq. what we want -- conversation. rrow. you just heard from blanchflower with a different view, harris with a different view and i made point out that ray dalio with a different view and we will hear in a bit. vonnie: this is bloomberg "surveillance. at a fewnkfein spoke points conversation today with "wall street journal" editor-in-chief gerard baker on why he would not invest in china. let's have a listen. bypeople in china can only the shares -- eight shares, so the price was up 100%, so that was done to let that happen. and the way they dealt with the collapse, i pointed out that there was no institutional investors in china, it is all retail. vonnie: that was all about china, but he has also been saying that he would not do the hike. brendan: when he talked about china, he talked about something we heard a lot which is that the market is not ready for prime time there. there, itisms are not is not the currency that should be in the special drawing and the institutions are not ready. it is interesting to hear him a