When the crisis hit my country (Denmark) in 2008, the consultancy agency I worked for had 72 employees. A year later it had 23. That was no an unusual thing. But this is also one of the industries that got hit hard.
My house was worth around 2,100,000 DKK (about 365K USD) in 2008, today it's probably worth 1,400,000 DKK (about 243K). I bought it in 2007. So that's not being sold for a while
Last month, public schools were closed for a full month, because the teachers didn't accept the governments wanting them to work more for the same money.
In 2008 there were 60,000 people without a job. Last year that number was in 160,000.
Unemployment benefits have been cut from 4 years to 2 years (still a fucking long time to be sucking on the teet of society - though our new socialist government just made some "rescue" plan to help people that's hit by the cut *shakes head*).
We're still one of the "richer" European countries and one of those that's not taking a huge beating. Try asking someone from Greece, Spain or Italy if there is a crisis? Fuck yea there is.