>In the mean time most people in Western Europe suffer far less from the economic crisis than most Americans
I was with you until this. Europe is suffering because of their austerity choices. Unemployment reached, like, 25% in Spain, FAR worse than the US. But I agree, "collapse" is ridiculous. Europe will chug along, albeit at a lower rate of growth.
I learned from living through this crisis (my first as an adult) that people over react like crazy in these situations. So much doomspeak, still.
I was with you until this. Europe is suffering because of their austerity choices. Unemployment reached, like, 25% in Spain, FAR worse than the US. But I agree, "collapse" is ridiculous. Europe will chug along, albeit at a lower rate of growth.
I learned from living through this crisis (my first as an adult) that people over react like crazy in these situations. So much doomspeak, still.