The world is collectively losing wealth and even we here, the smart ones, are bobbing up and down in the ocean.

Can you see the cold sweat on my brow as I watch this ECU saga unfold ever so agonisingly slowly, hour by hour, day by day, week by week?

I don't feel so smart. I am not bobbing up and down on the ocean. My confidence has sprung a leak, and as I take in water, I am starting to sink below the ocean's surface, without a lifeline, or any rescue in sight.