[alnitak]

Ironically, many of these unemployed will leave faltering Europe and move to America

Exactly how will they do that? FYI, it's very difficult for a European, even a well-qualified European, to emigrate to the US (assuming they don't want to become an illegal).

I gather from these boards that the tech industry ain't exactly hot in the US, either, at the moment.

[DensaMensa]

(...assuming they don't want to become an illegal)

That is a major part of our problem today.