Originally Posted by Beingist
But, we've been on a digression of sorts (not that there's anything wrong with that). I was really looking to see if any Europeans could chime in (but thanks again to Pete for doing so). Seems like they just don't want to talk about it.
I'm a European, although I don't live there. But how would my geographical location grant me instant macroeconomic knowledge? From talking with European people I know the economy is poor, people are distressed, qualified jobs are harder to find and purchasing power has been shrinking for the majority of households for 5 years or so. But it doesn't allow me to know where we are with regards to a tipping point that would mean the collapse of the Euro.