p.l.c.. will it attract a load of political issues as we saw with astrazeneca? the u.k. even if it is just for tax reasons will benefit the u.k.. i think it will on until someone else reacts and cuts taxes elsewhere. >> the e.c.b., the big thing of today. let's find a new angle. give me a new angle. >> his favorite one is if you were mario draghi, what would you do? >> i would carry on doing exactly as i have. i would talk a lot about doing stuff and not actually follow through. >> that is dangerous. you so many times with i'll do whatever it takes. three times? >> it has worked. central bankers' tools really son-in-law their credibility. he does have the credibility. the program to drastically reduce interest rates. i think he will do that today. >> the last rate cut we got from the e.c.b. was a real surprise, wasn't it? >> i think we're going to have a rate cut today. >> that won't be a surprise. >> i think he is going launch some form of q.e. but it is going to be in a typical e.c.b. fashion. incredibly complicated. not actually workable. >> and never do it.