Davos 09

Harvard professor Niall Ferguson called what we are going through a "Great Repression," referring to government attempts to repress the symptoms of the greatest financial crisis the world has ever faced. READ MORE More Davos Notes: The Sessions I Decided to Skip Contrition, Paralysis, and the Embrace of Faith and Philanthropy Take Hold Blackstone's Schwarzman "Walking with His Head Still On" Contrite Bankers, Overflow Interest in Philanthropy, Mistrusted Americans Davos '09: Less Glitz, More Anxiety Watch: Arianna on ABC's Nightline Watch: Arianna on CNBC's Squawk Box

There was a time when we thought that the main oil-producing countries were our friends and would keep prices relatively low and stable so that we could grow our economy. That time is over.

Davos is not a place for people who have a hard time picking and choosing. You need to carefully circle the Must-Sees and x-out the Can-Live-Withouts...

Fresh from a meeting with some of the high profile economists here in Davos, Time's Justin Fox summarizes their pessimism, with particular worry for the financing shortage faced by emerging markets.