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they cannot afford the sort of economic collapse that they are tetering really honestly, china is teteringhe world bank with $3 trillion in foreign reserves are borrowing money. they have this big country they've made a lot of promises to and a lot of people want to see them come through. as much as president xi defact owe dictator he can't stay in power if the economy falls apart. >> do you see it as a floating deadline where you squeeze until you get the negotiation you want? >> i think perhaps they shouldn't give another number than say another 60 days. i think that part of the negotiations are off the table. i think now they're in the very nitty-gritty. they had a successful meeting in beijing. the meeting now. they'll say we'll meet in mar-a-lago in march, maybe at the white house in march, president xi is coming over and putting together the final framework for potentially a deal and let's get rid of the deadlines. i don't think anyone believes it will happen. if a deal doesn't happen the tariffs go into place. >> sandra: the markets are back up a little now. yesterday when this news