EU <i>is</i> in a risky position, but the article seems to only tangentially mention the main problem: shared <i>money</i> without a proper merging of <i>monetary policy</i>. The <i>5 trillion</i> euro bank bailout abused Greece with idiotic austerity policies a left quite a few countries (France in particular) with banks that are leveraged many times larger than their host country&#x27;s GDP.<p>Mark Blyth[1] has a very good explanation[2] of this mess that covers a lot of the history. More recently, his analysis has unfortunately changed for the worse[3]. We find ourselves in a precarious situation on both sides of the Atlantic, and I hope we can find enough good men willing to actually do something about these problems; if instead we do nothing and let the profiteering and institutional corruption continue to grow, <i>some</i> sort of collapse seems inevitable.<p>[1] Econ professor at Brown University.<p>[2] <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=B6vV8_uQmxs#t=674" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=B6vV8_uQmxs#t=674</a><p>[3] <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=9fP6YSCpm8g" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=9fP6YSCpm8g</a>