gramley while and bringing back stiegel for example and these sorts of things are are you in favor of reregulating the banks they're pretty regulated already with the flynn with the new dog frank billy let me show you a graphic that we're going to this is this is the history of the united states and i believe we'll have it on this monitor here these are bank panics not depressions but bank panics major bank failures and it's behind us as well as over here and the first major one of one thousand nine hundred thirty seven eight hundred forty seven eight hundred fifty seven that really kicked off the civil war eight hundred seventy three eight hundred eighty four eight hundred ninety eight hundred ninety six eight hundred ninety seven thousand nine hundred twenty nine the super eleven thousand banks crash and then there's that one period from one nine hundred twenty nine until two thousand and eight where there were no bank panics. and the reason why is because it is that what you're going to say because franklin roosevelt put in place glass steagall i could rate your argument for you to

seventy years of stability i don't know enough about i'm not an expert on the glass steagall and stiegel act but i do know that right now everything in the financial world is very heavily regulated and in argument can be made that it's to have legally stiegel said was if you're a gambling bank an investment bank you can't do commercial banking and of checking accounts and savings accounts if you're a chain account savings. in a regular bank bank right you can't do gamble you're right it seems to me like common sense we should bring in fact i wish i knew more about that steve i don't you know i know it's fun to talk for pundits to talk about stuff they know nothing of but i try not to be one of them but i think there's too much regulation in general specifically which should be done i'm not totally sure why are you and being honorable about that matthew thank you robert but to really understand was driving markets we need to understand a dimension of psychology afy psychopaths are sometimes referred to as sociopaths basically lack empathy and this is the defining characteristic of people