If you don't know May 9 is Europe Day, then you find yourself in good company with a majority of Europeans. Even in the most buoyant time, this holiday – marking the Schuman Declaration, presented by French Foreign Minister Robert Schuman in 1950, that launched the European Coal and Steel Community – doesn’t come with the transcontinental fireworks of America’s July 4. It does, however, provide occasion to reflect on the growing perils to Europe, and the enormous risks they pose to both the United States and the global future. For all the talk of Europe’s fiscal deficits, or the “democracy deficit” that leaves European Union institutions lacking accountability and legitimacy, the most dangerous deficit is one of Europeans.
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