IS the euro about to crash? The computer says yes! Since its launch in 2002, many politicians have derided sterling’s independence, hoping if they sneered menacingly enough millions of “little Englanders” could be frightened into adopting the EU-Frankenstein currency.

False EU accounting, massive British EU “contributions” and millions of British jobs (like Ford) lost via EU “procurement” directives have hitherto propped up the euro. Now recession looms and the 16 Euro Zone countries will be severely tested. Powerless to contract freely, restricted by single interest and exchange rates, Italy (and even Germany) could be forced quit, thus destroying the euro and hopefully the EU.

Are the euro’s days of playing world markets finally over? When the cat’s away the mice will play. But now the cat’s returned in the shape of recession and the Euro Zone countries are cornered like mice. Although this was inevitable, who could have predicted the enormity of the cat and his name: Armageddon?

Pete Stewart, (20 years a Tory, 14 years UKIP).