jonathan faro in cyprus in 17 minutes.loomberg terminal and link it in with joseph nye. is the american century over? here is a depression -- slope matters. this is the atlantic charter. the bottom for america in the 20th century. it was ugly, ugly. we suppressed the news for six months. then up we go and there is carter malaise here. this is your american century. things look pretty good. do you presume this continues on forever? a metaphor for your international relations? >> never forever. on the other hand, we can often make mistakes about timing. an english statement from the 18th century after the american colonies were lost said "now britain is reduced to a miserable island like sardinia." that was the eve of britain's second century. not forever, but for quite some time. >> we been talking about the reasons people want to come to america. what is the business environment like? >> we have lots of problems but on the other hand, if you ask where do you find a mortgage of neural culture -- more entrepreneurial culture