look no further kevin then who opened up the opening remarks on this day one of davos angela merkel talking about the eurozone crisis trying to convince this room of some of the most financial elite that she's got it under control that pretty much sums it up she took a real defensive you know let me tell you she said i realize that we're labeled as the headache for the global economy but you know i think there are more headaches to really this was to you could also see it is kind of merkel versus the bond market she was really trying to reassure markets saying if you want to attack us just know that we are promising to solve this crisis of course this is a time where we've seen euro zone bond auctions be a daily news item did europe sell enough has italy seen those unsustainable yields of seven percent have they seen him spike is greece going to get a deal with its bondholders in order to avert the disaster of a disorderly default so these are this is all the subtext where this speech...