As bank shares continue to plunge, people's pensions and stock options disappear down a black hole and the government dithers with even more panache than usual, there is growing unrest in the wine trade about cashflow, getting paid by customers and the real threat of businesses disappearing overnight. There are unfounded rumours flying around the trade about who isn't paying their bills, who is taking whom to court and who is going out or has already gone out of business. Such a level of uncertainty only feeds the nervousness that is already there.
There is no doubt that the banks have closed down the shutters in terms of credit flexibility and that is having a big effect down the foodchain. The banks seem to be in denial about it, the government haven't a clue what to do, meanwhile jobs are being lost.
It could be worse, though, it could be raining.