Brad has had an interesting debate on European demography and pensions in the comments column, a debate which elicited the following comment, from Abriola Lapite . Here is the real structural reform Europe needs.
However, amidst all this blather, one mustn't forget that this is EUROPE we're talking about, where 3rd generation non-white immigrants are still regarded as foreigners, despite never having known any cultures other than the ones they reside in. One of the strangest things I have ever experienced is that in America hardly anyone questioned the assumption that I was an American just like they were (though I wasn't), while in Europe hardly anyone accepts that I am a European (even though, on paper at least, I am). If people like myself can't find acceptance here, who can?