In response to:

Is Europe Sailing on the Titanic?

tim_lebsack Wrote: May 01, 2012 2:09 PM
re: "American politicians believe in it(free trade)" Really? The USA hasn't had free trade these last many generations.
U.S. growth in the first quarter fell to 2.2 percent, a disappointment. But in Europe, that news would have caused general rejoicing.

For consider the gathering crisis on the old continent.

With negative growth now for six months, Britain has fallen back into recession. "I don't think we're anywhere near halfway through the eurozone crisis," said Prime Minister David Cameron this weekend.

Romania's government fell last week. The Czech government barely survived a vote of no confidence. In the capital cities of both countries, tens of thousands have angrily protested the new austerity.

The Dutch government also fell last week, when the...