This Puts Things Into Perspective

03/08/11 -- Sent to me by my old chum Bob at Gowlett Grain, who they say are East Anglia’s only independent malting barley and milling oat specialist. A nice visualisation of the magnitude of the US debt problem: Gee Mr President, that's enormous!

Meanwhile today we have the news that the Italian finance minister has begun "crisis talks" with Jean-Claude Juncker, the chair of the Euro Group of finance ministers for the 17 eurozone countries.

The latter also has Spain on hold on line five.