Europe is in a mess and devided. Its underestimated. Unemployment is high. The difference between high income and low income is rising. All eyes are now on the Germans voting 22 September. I don't think the Germans want to continue pay for the mess in other European countries. It will be all about the support for the EU.
When was the last time you were there? I just got back from there recently. I Was in Berlin, Paris, Nice, and Rome/
The US and UK media are sensationalizing the "mess" to scare the sheepies so they can buy bonds at record high prices.
Look at the inflows into the euro currency, european bonds and equities. Yeah right!! Give me a break! LOL!!
As far as the Germans go. Dont make me laugh, the reality is they dont even care about subsidizing the euro they have more to gain with the euro in place then if they were on the DM. Every one who is in industry and banking know this fact. and the financial burden is minimal contrary to what the media tells you. Only the sheepies are buying into the fear which by the end of this year will be behind us. The media shills will have to look for other doom and gloom stories so you and your ilk will "tune in".
Europe is a year and a half behind what happens in the US. As we saw US improving last year we will see Europe improve by the end of the year. Life goes on, armageddon is for those who live in caves and are paranoid of their own shadows. ignore the media shills.....