Much attention has been given to Greece’s fiscal and political issues, but one European country may have even bigger problems: France. Writing in the American Spectator, Samuel Gregg discusses ‘Europe’s Real Time Bomb’ and how the challenges Greece faces are miniscule compared to France’s.
It’s no exaggeration to say that France is facing one of its most systematic crises since the Fourth Republic’s collapse in 1958. This time, however, there’s no man of destiny—no Charles de Gaulle—waiting in the wings to save France from itself. In fact, that’s part of France’s problem: a political class that, regardless of party, isn’t adept at imaginative thinking, especially concerning Exhibit A of France’s problems: its economy.