On another note: How are things in Greece? What do you think would help Greece now, eg getting out of the Euro?
Funny, I was about to ask the same thing. I just read on zerohedge that Cyprus is beginning a promising recovery. But both Cyprus and iceland have tiny populations: 800k and 400k each. Every other major country will face 50% unemployment and no obvious way to fix it. There are just too many people and there will never again be that many jobs.