Also from The Scotsman, Nicholas Christian writes that a CIA report predicts dire consequences for the European Union due to expanding welfare state spending combined with demographic changes that are already well underway. It's not really new information of course, but it does appear in a European news outlet. Personally, I think the writing is on the wall for Old Europe and at this point a collapse is all but inevitable because the Europeans don't seem inclined to do anything to fix their problems while they still have the chance. At this point it would be painful to make radical changes in their economic systems and they just don't want to go that way. And so instead we will witness the long decline of Old Europe as it rusts into irrelevance.
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