Unreported riots over seas, Is there a blackout of news lately?

We have already seen riots on the streets of Athens, but we have also seen some action from all the PIIGS (Portugal, Italy, Ireland, Greece and Spain). Portugal just unveiled new measures, including a crisis tax on businesses and wages. Ireland started work on cutting spending months ago, Italy is reportedly eyeing cuts of more than €27 billion, Greece has been forced into action by the IMF and the bond market and Spain’s measures have been described as courageous by EU finance ministers. In April, Federal Reserve Chairman Ben Bernanke told a bipartisan committee on Capitol Hill that America needs a “credible plan” to pay down its debt and warned in the absence of such action “the federal budget appears set to remain on an unsustainable path.” One of the strange things at the moment there is too much pressure on some Europeans to cut deficits urgently, while others problems are ignored, said, Steve Barrow, the head of G10 research at Standard Bank. “The US has a lot in its favor, like labor-market flexibility, a dynamic economy and smaller government than Europe,” “However, I have seen analysis that shows every government that has spent $1.40 for every $1 raised since the Second World War has seen their economy collapse into hyperinflation. The US is nearly at that point.”