The European protest, to me, are saying "hey, destroying civil society because the bankers said that's how to save the economy isn't working (http://www.cnbc.com/id/49358756/Austerity_Upon_Austerity_Doesn_t_Work_Lagarde)". Perhaps bailing out the banks was the wrong idea, the credit markets froze anyway and if the banks had failed there would be a lot less homeless people around.