"European Central Bank President Mario Draghi said Europe's vaunted social model—which places a premium on job security and generous safety nets—is "already gone," citing high youth unemployment; in Spain, it tops 50%. "There was a time when [economist] Rudi Dornbusch used to say that the Europeans are so rich they can afford to pay everyone for not working. That's gone."" \\ cf. Santiago Zabala, How to Be a European (Union) Philosopher, http://opinionator.blogs.nytimes.com/2012... - Adriano

see also interview with Norman DAVIES who wrote Vanished Kingdoms (2012 book) http://ff.im/S4qN8 - Adriano