o'loughlin said it would not help the european economy anyway.crumbling audubon, that is not help thehat does not spanish or portuguese economy. stefan: the point is the economic argument for investment spending in germany for the sake of helping the rest of europe is very limited. germany, capacities in especially if we talk about infrastructure investment, in the construction sector are just not there. we have seen basically in the first three quarters of this year, infrastructure investment nominally, half of that is on inflation. lagarde is annexed minister of finance, so she has a better link to her colleagues, but it is an economic discussion, and i don't see why lagarde should be any more successful than her predecessor. matt: i have spent a lot of time driving from berlin to frankfurt and berlin to munich. what do you think about the german economy? are we going to go into a recession? infrastructures spending taking place. matt: but there is no whenever working on them, they are blocking the road. stefan: i'm not sure. the government is