In other words, Europeans are beginning to understand that they have lived well beyond their means materially, and well below their means intellectually, spiritually, and ethically – a process that might be described as the beginning of Europe’s “Montization,” to pay tribute to Italian Prime Minister Mario Monti’s embodiment of responsibility and courage. Just imagine: a more virtuous Europe encountering a more “decadent” China, whose venal elites are starting to turn on each other?