France bets huge on Britain
For those who fear we're in danger of talking ourselves into an irredeemably deep and dark depression about the prospects for our economy, EDF's acquisition of our nuclear power industry can be seen as a powerful message of hope.
The financial commitment being made to the UK by the French state-controlled utility is enormous, in a literal sense.
It may represent the biggest ever overseas investment in the UK, when the various bits are added together.
In round numbers, EDF is paying a touch over €15bn for British Energy's existing assets.
It will spend a further €10bn over the coming 15 years on the construction of four new nuclear generators (the first of which is scheduled to open at Christmas 2017 - and the other three in a rolling programme over the following five years or so).
And it will invest €400m a year maintaining British Energy's existing generators.
That represents an aggregate investment of around €30bn - or £24bn - from now to around 2020, in today's money.
It's a spectacular vote of confidence from La Republique no less that the United Kingdom is anything but bust.
Of course, if the Centrica deal goes through as planned, the owner of British Gas will take on a quarter of that massive financial commitment.
But that deal is not done. And as of this moment, EDF is on the hook for €30bn.
The deal demonstrates that power, especially reliable energy that doesn't emit C02, is almost the most precious thing on earth right now.
But it also shows that there should be plenty of vibrant economic life, once we're through le Crunch (whenever that'll be).