So what's wrong with Europe?
The European nations, who were supposed to be on top of government theory, who know how to properly keep their private sector harnessed, who know how to regulate things, tax things, nationalize the proper essentials, and has seemingly spent most of its time in recent years lecturing Cowboy America on how to run a country...
Is also flailing around with its financial pants on fire and no idea what to do about it. Go figure.
Either they're not as good at this as they pretend they are, or while they were lecturing us on our lousy economic process they were cashing in through the back door.