Silvio was wrongly named at birth. He should have been named Nero. If I remember my history, Nero enjoyed a little Bunga Bunga while Rome went up in flames.
The whole Euro debacle is a train crash in slow motion. Why should overseas investors such as China buy Euro sovereign debt from the EFSF when a founding member like Germany refuses to up the cash for this fiasco?
Right now I wouldn't touch EU sovereign debt with a carnival tent pole.