I am Italian, so European. In my Age of Innocence I believed in the European ideal. I now find Europe to be a disgrace. Brussels dominance is of service to the US only: they have to speak with one person only (corrupt and inept Van der Leyen) to manage their province. To European citizens, Brussels is a bunch of unelected bureaucrats whose decisions create divisiveness and stifle local sovereignty. From immigration, to energy policies, to the war against Russia ... what the elite wants, citizens don't want. Otherwise, why ever would the far right be rising across the continent? Populism is a symptom of a malaise, and the malaise is getting worse. I live in the UAE, the enlightened monarchy, preferable to a dark elite that acts through bureaucrats. Your prognostication is right, but good only for economics books, or for market analysis. For citizens, that prognostication brings about terrible times down the road
I agree with most of your comment and thank you very much. However I do raise these issues at the end when I call for a fiscal union and a unified bond market. I live in Greece.
I’ll re-read the end again (maybe i read too fast, and anyway your piece is nicely dense and must be read a couple of times). In Greece: got its large share of pain, already, i remember well …
I am Italian, so European. In my Age of Innocence I believed in the European ideal. I now find Europe to be a disgrace. Brussels dominance is of service to the US only: they have to speak with one person only (corrupt and inept Van der Leyen) to manage their province. To European citizens, Brussels is a bunch of unelected bureaucrats whose decisions create divisiveness and stifle local sovereignty. From immigration, to energy policies, to the war against Russia ... what the elite wants, citizens don't want. Otherwise, why ever would the far right be rising across the continent? Populism is a symptom of a malaise, and the malaise is getting worse. I live in the UAE, the enlightened monarchy, preferable to a dark elite that acts through bureaucrats. Your prognostication is right, but good only for economics books, or for market analysis. For citizens, that prognostication brings about terrible times down the road
I agree with most of your comment and thank you very much. However I do raise these issues at the end when I call for a fiscal union and a unified bond market. I live in Greece.
I’ll re-read the end again (maybe i read too fast, and anyway your piece is nicely dense and must be read a couple of times). In Greece: got its large share of pain, already, i remember well …