Personally I've never seen how the euro would, I've never seen how it could be expected to work without the genuine one for.. union. People in Australia understand that without our system our horizontal fiscal recognization will that fiscal transfers from one state to another state. This federation was simply not hanging together. It's not why would upon together. In the weather of tax without that system of fiscal transfers among jurisdictions. People understand that. People in Europe have not understaood that. And they need to understand it. The question is whether it's too late. Cam Henry Balos. 

Let's go to the markets. And the Dow Jones just closed 63 points lower overnight, the NASDAQ dropped 9, the S&P 500 also fell slightly. And in London the FETE lost 28 points. To commodity markets. West Tax Crude is trading at 93 US dollars and 95 cents a barrel. Tapies Crude is 118 US dollars and 89 cents a barrel. And gold is 1543 US dollars an ounce. The Australian dollar is still below parity at 99 US cents, 78 euro cents and 62 pence in sterling.