The Chinese often point out that in their language the character for crisis and opportunity are one and the same. But, while it is indeed true that crisis and opportunity often go hand in hand, it is difficult to see much opportunity in Europe’s current circumstances.
One reason the current situation facing Europe is so difficult is that it was so unexpected. Here we are, 70 years after the end of World War II, a quarter-century after the end of the Cold War, and some two decades after the Ba...
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