I'm not going to lie to you, folks. There really isn't much good news to be found when it comes to the global economy. But this article, from the UK's Guardian newspaper, does suggest we may have reached some kind of turning point. Apparently, the organizer of the annual World Economic Forum - which kicks off tomorrow in Davos - thinks the world's economic and financial sector leaders should feel and demonstrate remorse, and that some at least should publicly apologize. Who knows whether that will happen, but it does sound as if belts will be tightened at this year's WEF - fewer parties are planned, fewer celebs are expected and some business leaders are staying away. (Maybe they're not ready to say sorry?!) Let's hope the 2600 participants, who will be dominated by the world's political leaders, will seize the opportunity before them. It's time to get serious, take responsibility and address the weaknesses of the global economic system. If that doesn't happen this week, we'll need a lot more than an apology...

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