[Savage Beast]

"...or the European Union -- the largest economic zone in the world -- will sink into the mire of failing banks, bankruptcies and collapse"

The real question is whether Europeans will wake up to the reality that socialism doesn't work before or after they fall into the abyss.

They might buy some time by establishing the iron-fisted dictatorship required for Marxism to function until it has completely destroyed the economy.

But it's hell when truth comes crashing through delusions--and it inevitably does.

That's tragedy for you. Western Civilization began with a Greek chorus shouting warnings about that very thing. Looks like it's going to end the same way.

[bkepley]

For most of Europe, it’s socialism or facism with nothing in between. They’d rather commit suicide than adopt anglo style classical liberalism.