The European Union is looking like an idea with a better past than a future.
We can all identify the disastrous mistake made by the EU bureaucracy in Brussels in devising the 1992 Maastricht Treaty which prescribed balanced budgets for member-states of the EU and thereafter tenaciously held to the mistaken belief (or hope?) that this could be enforced.
Maastricht was the foundation on which the currency union was built. Sadly, many of those member-states joining the currency union neit…
