Melchett's comment about the cure being worse than the illness struck a chord. What is the illness? Complication, in my opinion. EVERYTHING we do in life has become so multi facetted, so layered with meaningless or counter productive, self serving beaurocracy that society as we know it is probbaly already institutionally unmanageable and the traditional method of government is probably unsustainable. Bizarrely, our Bond yields have held up, not because (as George Osborne suggests), we are the safe haven in the EU, but because we have a political system in place that can make decisions. God help the rest of them if thats the case.