“Of course Europe has its problems, but it’s in much better shape than the United States,” Taleb said. He voiced similar concerns about U.S. prospects at a conference in Tokyo in September.

Switzerland is considering capital controls to fight a sharp rise in the Swiss franc in the event of a euro-zone collapse.

Sounds like a run on Greek banks...

Having spent some time in Greece, I knew the Greeks had balls!

But them be fightin' words!

Jurre Hermans likened Greek debt to a pizza.

In this documentary, Wall Street Journal editors and reporters examine the origins of Europe's debt crisis and why it spread with such ferocity to engulf much of the continent and threaten the entire world.

When I think of German Chancellor Dr. Angela Merkel, I think of the great Mahalia Jackson singing - "He's got the whole world in his hands."

Dr. Merkel has rebuffed pressure for ECB to intervene decisively. Go head Dr. Merkel - with your bad self! I'm a fan!

I love this man Nigel Farage, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy).

The dude has balls! Check him out here.

Euro-area leaders may accept a temporary Greek default and widen the scope of their rescue fund as officials intensify efforts to resolve the region’s 21-month sovereign debt crisis.

Please read more here.

The euro  will survive the debt crisis, German Chancellor Angela Merkel vowed.  Merkel and France's Sarkozy said the euro 750 billion emergency fund for the euro would remain unchanged until it expires in 2013.

Please read more here.