i have never heard of l owflation. it is the new one. lowflation. that is the warning signal. take all of this. give you that. what does it mean? demands the argument, and cause for quantitative alternative form of what you understand budget easing to be is not common in the form of asset backed security. withad that conversation the european central bank and we are in august. beforebe one year older this all comes to bear. the tension and demand and statistical and empirical evidence will go to a point of capitulation. that is my call. it is not anybody else's call. it is a 14 year high. >> it is a big deal today. is pulling itself up by the bootstraps. even greece. 24 straight quarterly contractions. recession is easy and nearly out of a six-year slump. the summer. the item. you can see spain and portugal. it is an inversion of the north of europe and they side of europe. it is the most worrisome of all. >> maybe we should be worried. >> can i have the notes back? what yes. we have the gdp numbers and nichols is the correspondent standing by. over to you. port withhere in th