### Comment:
I was just listening to Peter's interview on the invest like the best podcast actually. Very interesting stuff. I guess I just don't think that America's share of the pie can outgrow the shrinking of the entire pie. But we will see. I still have the majority of my money in equities, I am just trying to be realistic, specifically about how this gdp number is not as amazing as it looks at first glance.

### REPLY:
Europe is only 16% of the world economy now.  Even if they have a major recession and lose a full 10% in a contraction, that won't be enough to shrink the world GDP.

### END.