very quite extreme in terms of contraction of the financial sector and just one more comment as randall rae at the university of missouri kansas city a noted in the one nine hundred seventy s. finance had something like fifteen percent of corporate profits in the united states today that share has been roughly forty percent there is just absolutely no justification for this kind of rent seeking off of the rest of the economy you know peter if we if we can go back to you in new york a lot of the austerity cut jobs created out of employment actually. right so i think that's been a problem at the same time let's look at the other and one of my favorite statistics is the average unemployment rate in spain is about twenty two months it's no coincidence that unemployment benefits run out at twenty four months so there's definitely a certain subsector that looks like that they wait their twenty two months watching the football and then hey i better go find a job and they find a job and buy one of their buddies gets laid off and goes on his two year semi you know funded vacation so obviously that's