richard given what nick parsons has said they about the american dollar and that it is stepping up a little bit now what do you make of the comments that we've just heard from francis land. it took its riches richard years earlier agree with them. one does even want to. marry and i think that we keep hearing about what does it mean to you. ok well obviously the american dollar is the largest quantity of currency in the world the american economy still remains the largest in the world. the problem is the reality that the americans can't be trusted anymore whereas over the last fifty years or so the americans have been predictable they have kept to their laws they have. paid for all of their obligations this time around in reality america did default it defaulted on its obligations to its own people it defaulted on obligations it had made in law when it set up laws and set up certain programs that needed to be funded and the seaquest ration actually didn't fund those laws so there was a default the problem for the rest of the world is that we have to create other structures we have to