I have said from the beginning we need to get spending under control. But I am also incredibly enthusiastic about how we're performing in innovation and capitalism right now. It is off the charts how well this country is doing on those dimensions. China, unfortunately for them have has a huge demographic problem that will diminish them economically. Europe is not in a very great situation. And the only place that's really firing on all cylinders is India,. Could it do it? I think so, but it's going to take a long time. 50, 60, 100 years of investment.

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