Manufacturing has dropped across Europe and unemployment has risen to 11 percent. Bankers are beginning to bury the gold in the back garden, while Greek politicians start to transfer their money to those wonderfully untraceable off-shore accounts. The Italians and Spaniards are remaining firmly in the camp of denial. The French are very worried they have actually elected a leader who is going to tell them they can’t afford that extra croissant. The smaller Euro nations are hiding behind the sofa and looking
