are we post crisis, post talking about double dip recessions or are we still muddling through? >> reporter: no, i think you're all of those things and more. the theme of davos is the complexity of the issue. two years ago it was get out of the mess. last year it's what would the rebuild look like. this year it's china with fast growth, but inflation. the uk heading towards stagflation. the rest of europe, low growth. the united states with a budget deficit and a state of the union and questions about investment and austerity. it's the balancing act between east and west, north and south, post globalization. i can't remember a davos where i have waded through the treekal of what is the issue, what is the core here as much as this year. but the fact everybody is going through this agonizing process can only perhaps be to the good. >> richard, i'm glad that you