. >> brown: so kenneth rogoff, we look at greece and we've talked about greece for many years runninglot of it looks much the same. has something new happened here? >> i think it is inevitable that greece is going to rebel from the programs that it has. now let's understand they're not really paying a lot now. the payments are back-loaded. but, nevertheless having all that debt coming due even many years from now puts a pall over investment depresses the economy. they need to make transfers to greece and write greece's debt down. the problem is when they do that, they need to do it with other periphery countries -- portugal spain, ireland. frankly, i think they should. i think it's inevitable. but there's incredible intransients not just in germany with writing down debt but france and italy with reforming their economies. this is pushing them. every time they're pushed, they seem to do just must enough to keep it going and i think the market are a little calmer about that than they might have been a few years ago, but they're very far from finding a solution. >> brown: is there a rea