May 9, 2012
Death of Europe Is America's Opportunity
Arthur Herman, Fox News
Elections Sunday in France and Greece prove once and for all that the European Union is headed off the cliff, and its voters don’t care.
In the short term, that’s going to mean some heartburn in US markets and global financial centers. No one likes to watch a major portion of the world’s industrialized economies, commit suicide. But in the long term, the death of Europe offers a huge opportunity for the United States—and a vindication of our free market system.
By “Europe” I don’t mean the collection of nation-states which were once the driving engines of Western civilization, and home to our own culture and science. I mean the great socialist empire known as the European Union which the Maastricht Treaty created in 1992, at the end of the Cold...
TAGGED: United States, France, European Union, Greece, Eurozone