the strong foundation that truman laid on to succeed in the presidency, his american background, valueses is and close personal relationships and life experiences. this includes the lasting kregss or where you explore the things that left a lasting impression on truman. now for today's journey we have a very special conductor. it's me. in addition to hosting whistle stops and leaning strategic prongts for the truman library i was project lead for are the nationally recognized permanent exhibition and honored to be your conduct are today. so i'll take your tickets and we'll get in locomotive rolling. nine u.s. presidents to not have a college degree and the only one in the 20th century he was far from uneducated. at an early age truman was an avied individual reader and would be from throughout his life from the bible and history and history to fiction and poetry. david mccullough once said truman was a great student of history which is extremely important to understand if one wants to understand him. and the fal gallery has many photos of truman. this one of him at age 13. as a child trum

does that mean you have to look and take down some of your forecasts for equities are do you think valuesesre so low it won't make a huge difference? r. >> good morning. thank you for having me here. you're right the growth concerns are the number one concern on investors' minds now. we have to remember we are therg the -- in europe with growth over -- economies already cutting their g.d.p. forecast for the last two months. we now expect -- g.d.p. growth. if germany went into a full lockdown, it would affect the growth for the next year. out of examples of -- in one month lockdown in the country takes away 1% of annual g.d.p. one month. so it is definitely we are going to see a fight for this. tom: not insignificant. when you weigh that up against the commentary we have had from some e.c.b. officials. more hawkish arguably. do you buy what they have been saying that they stay or is the -- going to turn more dovish? >> the asset purchases program is going to get diminished as well. you will see it by the end of year. i'm sure this is something that they are considering at the moment. francin

issues n the way that we are talking about with the intersection of the technology and the normative valueses and how it affects society but we met this unmet demand to also be having these conversations and so we began to teach in the evenings creating a space for the people in the companies to be having these kinds of conversations. it was striking the extent they were not having those conversations and felt deeply disempowered in their own companies that they were a part of. we don't often hear what happens when we talk about selling the product to a new market and you are concerned about the unintended consequences or when you have to make a decision about who should benefit and to beharmed in the particular algorithm and you need to apply some fairness criterion. ethics is a compliant function in most companies m right now. what is allowed by the law and once we know, we understand the freedom to run and freedom to move. that is no longer acceptable. we cannot have ethics as a compliance function because we know the women of the political system -- the limit of the political system will