some light at the end of the tunnel?, page-3

telling quote;
"But he adds a note of doom. "In this instance, it might just not be possible. I don't know what will win out, good management or terrible macro trends. But at this stage, I wouldn't be confident that management can do it," Mawhinney says"

if you read Warren Buffett on The original Berkshire which went bust, it was the same story - only he managed to diversify before it went under.

outlook for Europe is all downhill, but maybe they can diversify and keep afloat. who knows............