Once trust is lost it is very slow to recover. For now, much of Europe is acting as if it believes Cyprus is a "one time" thing? But isn't that what we heard about Greece? Who is next? Italy?
Mainstream media ignored Beppe Grillo until after the election and was shocked by a result we predicted.
As we all fondly remember, Berlusconi is the impish longtime politician who dared to lead a so-called typical Italian lifestyle (at least as portrayed by Federico Fellini) and still be the head of state.