Not sure if this adds anything - looks to me like the turmoil is just jittery nerves of the bankers rather than anything fundamental.. German DAX down 8% French CAC down 9% FTSE down 4% Europe more worried about loosing the british export market than we are of an improving export opportunity to europe as our currency devalues. I know knob all about this but I expect It will all settle down soon and turn out to be a storm in a tea cup. Don't worry everybody - sit down - have a cup of team and a hob knob - it's all going to be ok in the end.