>Financial crisis has started everywhere because capital flow got globalized some time ago. Naturally enough, the weakest parts of the system, i.e. with more reckless money management structures got hit stronger. I don't share your idea about Cyprus, though I admit that you may have more experience with it, i.e. if you think that this is the most insane place so be it. As far as I know, some parts of the Europe, e.g. Iceland, really took stronger hit because of problematic financial structures, i.e. "mess".

The problem Iceland has, was a result of three (or was it four?) Icelandic banks going bankrupt within a few days. These banks had debts which were many times bigger than the BNP of Iceland, since they had expanded all over Europe without having the necessary fundings. The Icelandic authorities were forced to take over these banks, or practically every Icelandic family had to "throw in the towel"-

>Also, as I saw in today's news German economy (#1 in Europe) is officially in recession, i.e. 2nd negative quarter; i.e. situation is not too good there. One may just look at changing dollar/euro rate to see the light. It may indicate that European economic situation could be even worse than in America; though I have no wishes for anyone sufferings.
>In regard to blame, I think it is clear enough. You are the person trying in this thread to put blame to another country for your personal mortgage problems. I did not do it. One may just look at messages and get it in the clearest way.