So that is pretty evenly split, actually. Theres certainly quite a lot of recognition that Central Banks need to think about new toolkits. We are going to go to some questions now, but if you want. O use the platform to submit i think larry gave an excellent description of what the core problem is that the developed world faces, that there is a glut of saving and a , and it of investment really means that we have to have fiscal policy, structural policy, and things other than. Ust relying on Central Banks i think Central Banks need to do what can come about they can. Adopting a system called flexible average inflation targeting, i think this is an appropriate change. Somewhat improve the scope of Monetary Policy to show that shortterm Interest Rates are often constrained by the effect of lower bound. I think it is helpful in preventing a cycle of falling inflation feeding falling inflation expectations, but i strongly believe Central Banks need to be independent and need to do everythi
included my sources tell me t-mobile. in fact, would have involved a deal in which t-mobile and sprint got together, something that has been discussed many times in the past. and then softbank came in with a very large equity check buying down significantly what was deutsche telecom s stake in the overall and perhaps buying even more from the sprint shoulder. that deal didn t happen. as we all know, in fact t-mobile has moved on, has a deal to acquire pcs. by the way, while there s been a great deal of speculation that sprint might try an jump that deal, i think we can put that aside for the moment because that s not likely to happen. pcs shares are down. there had been other reports in the japanese media that the overall value of the deal is $12.8 billion. i can t confirm that s the case. what i can confirm is softbank s main focus is on spectrum, becoming even more robust in terms of the spectrum position through sprint, for sprint. in order to do that, would actually also