“Countries Will Choose Decay Over Reform”

Bret Stephens of the Wall Street Jounral arguing that the recent London riots are only a harbinger of things to come for all of Europe:

“What comes next is the explosion of the European project. Given what European leaders have made of that project over the past 30-odd years, it’s not an altogether bad thing. But it will come at a massive cost. The riots of Athens will become those of Milan, Madrid and Marseilles. Parties of the fringe will gain greater sway. Border checkpoints will return. Currencies will be resurrected, then devalued. Countries will choose decay over reform. It’s a long, likely parade of horribles.” (Thanks Browser.)

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