welcome back to spotlight on arguer nabhan just a reminder that my guest on the show today is mr austin and one of europe's most prominent economists and former advisor to the russian government mr austin and most of the countries today are starting to implement severe austerity measures to tackle their debt problems would you say that this is the best the politicians can do or you would expect something something more imaginative. where you can't demand money really beyond the very limited means to be as it is today the euro zone has an average public tipped over ninety percent of g.d.p. and. my colleague in washington come and rinehart and harvard professor can draw golf they have. made it in period to study which it can get over ninety percent of g.d.p. in public debt then big growth rate tends to fall by one percent but if you can you have to limit it when you come to that little well i would agree to that but when when the story to measures until taken on such a large scale and are used to tackle such such big problems they mainly penalize they did they would repeat people the peop