The Rain In Spain Falls Mainly On the Plain

"Regardless, any contraction means Spain will miss its targets and in turn Germany will demand more spending cutbacks."

"With unemployment at 22.9%, how long will it be before we see Greek-style pushbacks?"

My question – how long will it be before we see a violent, collective pushback by all of the lower classes, middle classes and debtor classes across all of Europe?  It’s usually only after the bullets start to fly in earnest that the upper classes in their white ivory towers begin to pull their heads out of their asses and address reality.