Europe is currently in disarray. After ruling the planet for several centuries, we tore ourselves apart in the first half of the twentieth century, and we have never really recovered. Twenty years ago things seemed to be going much better, with the dismantling of the iron curtain dividing East and West and the signing of the Maastricht Treaty that would eventually pave the way for a single currency. Now things are not looking so rosy.
In fact, this is an understatement. Europe is on the brink of disintegrating. While I don’t see a return to 1914 (and even that might be wishful thinking), there is an incredibly dangerous rise in nationalist (and even subnational separatist) sentiment, and a breakdown of solidarity that threatens, once again, to engulf the global financial system.
The fact that the IMF has been called in to address solvency problems within the EU, despite the fact that there are wealthy EU countries with AAA ratings that are borrowing from the markets at record low rates, is a travesty. The fact that China, a developing country, most of whose population still lives in abject poverty, is even thinking about (and worse, has been asked by Europeans) to step in to bail us out is simply absurd.
The situation has reached a point where I am no longer willing to sit on the sidelines and wait passively, wringing my hands in despair. I want to do something about it. But I lack ideas. Hence this blog post.