Blank Section (Placeholder)via AnalysisThe North Atlantic Treaty Organization and the European Union are in disarray. The former has fulfilled its mission. Were it not for Russia’s seizure of the Crimea and invasion of Ukraine and the refugee crisis in Europe spawned by the sectarian Muslim conflict raging in Iraq and Syria, it would be an empty shell without any obvious function. The latter has overreached. A great success as a customs union, it is a disaster as a currency union; and the attempt to turn it into a federation—oligarchic in governance and equipped with an intrusive administrative apparatus—will end in …read more
Source: Hoover Institution