Economic meltdown will skin all cats, not just the fat ones
* It has shown up the fragility of national self-confidence. Despite the fact that we have relatively low inflation and unemployment plus a strong currency; all the old self-doubts seem to be flooding back at the sight of the first serious economic setback for many years.
The largely clerically induced state of low self esteem, inculcated over centuries, still seems to be deeply embedded in our collective psyche. It would be a great pity if this was permitted both to make things worse in the short term and to delay the eventual recovery.