Europe’s grand postwar experiment with unification is dead.
At least that’s what a slew of analysts surveying Europe during its ongoing financial crisis believe. “Whatever happens in the short run,” noted Stratfor ceo George Friedman, “it is difficult to envision any further integration of European institutions. And it is very easy to see how the European Union will devolve from its ambitious vision into an alliance of convenience …” (May 25, emphasis mine throughout). Even many inside the ailing combine confess the EU is on the brink. In May, German Chancellor Angela Merkel warned that if the euro fails, “then not only the currency fails … Europe will fail, and with it the idea of European unity.”