In Europe, now what?
That is today’s NYT symposium, here is my short piece — “Democracy is having its say” — and links to the pieces of others. My opening sentence is this:
Today, very few countries in the euro zone are capable of making credible commitments or binding agreements with the others.
I am still predicting that it will end badly. It already has ended badly, in fact. And the “better than expected” scenario is not easy to see, much less bring about.