I wouldn’t be quite so pessimistic. Busuttil could turn this round. True, there’s going to be a lot of pain. But many businesses, like the online gaming industry, aren’t going to disappear overnight.

And we will doubtless see fewer non-Maltese EU nationals, working in the bars, restaurants and building sites.

Malta could turn this to its advantage. Become squeaky clean. Zero tolerance for corrupt operators. There will be opportunities, post Brexit. Fluency in English is an advantage, for starters.

Muscat has managed to sows the seeds of bankruptcy in four short years. All the work done by Lawrence Gonzi and Tonio Fenech to pilot the Maltese economy through the tempestuous Great Recession has gone up in smoke.