What Speranza for Italia?

The nor' wester started blowing yesterday morning but I could only get to Muizies at 3pm today when the wind was already quite strong, gusting at over 20 knots. This was classic Muizies - medium swell and a fresh offshore breeze. As waves approached the critical, a thin white band would appear at the crest as strips of foam ripped off the top. You had to look for waves with centre peaks and ride off to left or right away from the break. Some of the bigger ones just closed out right across the full face of the wave. But with some the sections would break consecutively giving the chance to cut back and out again without getting swamped by white water. On one ride I stayed in the swell to the last second then tried to pull out but the breaker got me and I rode backwards for a few seconds before swinging around again in the churn. Pretty pleased to stay on through that lot. In the meantime the wild ride in Italian debt returned to the Eurozone frame and equities took another big hit. The potential for calamity mounts. The scale of the Euro peripheral problem is daunting and my long experience in financial markets does not equip me to understand how we get through this. The QSL is from Radio Speranza in Modena heard in Otford, Kent in 2001 on my trusty Drake and a K9AY antenna set up at right angles.