Greece is a very different animal altogether and I struggle to see how it will ever recover. I've been to Greece and I'm sorry to say but the same problems are

Greece is a very different animal altogether and I struggle to see how it will ever recover. I've been to Greece and I'm sorry to say but the same problems are obvious at every step of the socioeconomic ladder. Italy and Spain are recovering - new businesses are emerging, unemployment in Spain is down by 12% from 26%, Italy is at ~9.5% unemployment. Comparing several small countries to the US is completely pointless given the difference in population, area, industry , resources and so on...