Europe, You're Next

France’s impossible position  —  France appears to be approaching a moment when the usual political compromises may no longer work. Spend more, and the financial pressures deepen. Cut back, and the political backlash could be severe. Keep postponing the hard decisions, and the eventual reckoning becomes more difficult. How did a country with France’s resources and institutions arrive at a position where every option seems to carry a serious cost? In my latest video, I examine the deeper forces behind the crisis — and why the consequences may reach far beyond French borders.
Out soon, and as always, thanks so much for sticking with me. It is very much appreciated and I hope your weekend goes well.
Be well.