Americans are depressed about their current economic fortunes and in many cases their personal finances. In the case of some individuals who have invested/gambled more than they could afford to lose on real estate investments, the mordant pessimism may accurately reflect reality. However, those of us not familiar with the Fabius Maximus Blog, have not seen, felt or tasted the sense of doom that seems to permeate the air of Europe today like a dank, fetid humidity. Ambrose Evans-Pritchard of the UK Telegraph offers the following assessment of Europe’s economy. We face extreme danger. Unless there is immediate intervention on...