greece is going to run out of money again in november it's another deadline with creditors and wolfgang schauble is saying they cannot default so we thought it was a good opportunity to look back a little bit more broadly to debt serfdom because ancient greece is an interesting well i mean for getting into greece feudalism is back to hard core middle ages a feudalism ok if it was a read. it was that it's a great book or you can't remember your corner or the three can do it now it's this book you know no one cares just anyway there's not a point for it is that we're back to feudalism or right and feudalism of the serfdom where you basically the creditor is able to say ok you you don't have the money you'll never have it because it's been so high you're much slaves now yeah and we evolved over the years of bankruptcy laws so that creditors wouldn't have that sort of power over the debt but now we're back to that case in europe in the case of nation states and eventually this in the us bush did it with two thousand and five consumer bankruptcy protection act whatever those protect anybody it's call