It would make a change to write about something other than Europe, but with the world looking on at this dysfunctional continent, epitomised by having a German Pope and an Italian central banker, that is much easier said than done. America and China have been consistent in their message that the eurozone needs to sort itself out, and soon, but don't expect any handouts as they have enough problems of their own.

America is in election mode and with Republican candidates like Rick Perry and "Bunga Bunga" Cain you almost have to feel sorry for them. The only one of a sorry bunch with any understanding of the economic realities is Ron Paul yet the pro-establishment press have already written him off. The "free" press is becoming a bit of a joke; try watching the "Faux" News channel and you will see what I mean...