Mostly, they will fold and wait for the grownups to fix it.
The ghost of Chamberlain is alive and well on the continent. The difference between "soft fascism" (the centralised gov't programs that all the Euros have to buy into) and Islamic fascism is not as great as between the former and having to fend for yourself (i.e. freedom from gov't). The entitlement mentality is so ingrained that it prevails even when there is are no actual entitlements. The Euro hatred of Bush is built on the premise of a lie that is the caricature of the Marxist mentality. It is not socialism, because if it were there would be no way to fool the masses into a sense of false security. True socialism is not centralised so I do not refer to it in that context. IMO the best analogy/metaphor/juxtaposition is the pure vile hatred of George Bush vs. the slight racism towards the Muslims. The Mussies are not a true threat because no one thinks they will ever have the power to take away the nonexistant entitlements, but GWB is evil because his ideas prove the lack of necessity and nonexistance of the entitlements thereby delegitimising the Marxist mentality wholesale. Hence, I agree totally with your assessment.