One hundred years after the beginning of World War I in 1914, Europe is still falling apart. Despite two world wars, it is not yet politically or economically unified. It may be the cradle of western civilization, but it is also the cradle of conflict.
The pigs — Greece, Ireland, and Portugal — have already lost access to the credit markets. They have needed bailouts. Now Spain, the fourth largest economy in Europe, is not far behind and will also probably need bailed out. Italy, the third largest economy, is under the supervision of the IMF. France and Germany are at odds about what to do about the economic crisis.
Just in time for the anniversary of World War I, is this a new kind of warfare?