Europe in recession

http://news.bbc.co.uk/1/hi/business/7729018.stm

No shit.

I simply don't understand how Gordon Brown and Alistair Darling can have the temerity to stand there and state that we're "well placed" to survive it. Maybe in their crazy, Trotskyist minds we are. But ask anyone who knows what they're talking about and they'll tell you we're truly fucked.

How are we "well placed"? We have rocketing levels of unemployment, not to mention the public debt we have (which conveniently doesn't include a lot of debts "off the books" such as PFI schemes, public sector pension guarantees, bank bailouts, etc)

I think now is the time to start worrying.