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pension plan, but individuals who borrow money on their own name -- >> on their toown name cannot g o ut of bankrupt out of bankruptcy. if you -- >> everybody's got skin in the game. >> they start with a credit card. they -- it's basically we have discouraged -- >> which is to your pointing if you can't get the bank loan for your company, you're going to use -- >> you take venture capital like we do in silicon valley, you don't have is to personally guarantee it. the two, three, businessowner does. it's a big offset for them we don't have to face once we get venture capital. >> rehealth care i sprview as a problem. the kind of ordinarily restricted what a company can do and create the space for little guys to get started and with haderegulated >> take the example of banks. basically impossible now to thanks to regulation, also deregulation on the other side. both elements. it's impossible to start a small savings and loan. there's too much regulation on one side and too little. you have to be enormous in order to face it and have to be, right, so there's an interesting mix that disadd va

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i'll give o things, you a positive school experience. >> governor, that's the course, that ut of isn't yet the reality, so what are u do for students who now trapped and struggling in public schools? the child as treat a whole. in other words, just sending a school, we expect fix everything, and they are with them six hours a day. f we don't deal with the surrounding services of domestic violence of the home, with abuse disorder, with with healthcare of the kids, with counseling, be very going to difficult to meet that demand. i have set up a teacher advisory council. i work closely with the north carolina association of affiliated hich is with the nea. we ask teachers the kinds of of support he kinds that they need. but it's going to take an nvestment, and one of the mistakes that states are making cross the country is they are reducing their tax base to the point where they don't have the unding to invest in public education like they need. >> and by reducing their tax base you're talking about tax cuts? they are cutting individual ncome tax and corporate tax in north carolina year a

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nixon,o quote richard near range, no change in terms of where the economy is headed. we know his narrative. poverty,uton, and putting that in the economy. what is it mean for policy? it might lead to an erosion of that narrative. it might lead to alternative viewpoints heard that the longer-term story. we just of no -- we just don't know. haidi: this is really painting a beautiful picture of the synchronized global recovery in export growth and trading intoers and feedback chinese export growth and creating that pickup when it comes to pmis. this is happening despite the strength we have had in the u.n. are we seeing a decoupling when it comes to currency of the exports? above.t is all of the the politically sensitive cross is the dollar. china does not just trade with the u.s.. the yuan gains have not been significant against the euro. in gains have not been gains have -- the un not been significant against the euro. the reason exporters are able to write up is because of that .trongest in christ pick up another expectation of a new model from apple, that improves china's export story. right now, it