Just got off Skype with my German friend Volker. During our almost-weekly phone calls (free via Skype!), we discuss all sorts of things, and today, we talked about the European debt crisis, among other things.
I asked how things were going in Europe, after getting the story from our U.S. media that things are all fine now that the Greek and Italian governments are being run by sensible men who will bring order and austerity to their respective countries. Volker said that indeed, the riots have calmed down, and in Italy, there seems to be some relief at the ouster of Berlisconi. A couple other things he said got me thinking.