The dangers may become real, even without giving way to gloom-mongering.

Too much gloom-mongering, of course, might pop the digital bubble.

After all, there are only so many Thursday nights you can devote to relentless gloom-mongering.

But Mr Cable’s gloom-mongering is actually part of the problem.

Yet a lot of the gloom-mongering is partisan, and too forgiving of the dire political and economic legacy of Hungary’s previous, ex-communist, rulers.

For Romney, that smacks of gloom-mongering, and he promises to "not rest, if I'm president of the United States, until Michigan is brought back."

The coalition's suppression of demand and unintentional gloom-mongering have shattered the confidence both business and consumers need to make sensible, necessary spending plans for the future and re-build the economy.

It is, I think, the spirit that we should have with regard to monetary union, in the face of the nationalist demagogy and the gloom-mongering of the extreme Left who rant and rave against monetary union.