What have we learned from the recent collapse of Greece’s economy? That the economic integration of Europe was doomed from the beginning. To think otherwise is to ignore centuries of history, centuries of turmoil, almost always because of economic frictions among countries of widely divergent national tendencies. It doesn’t help that the 700-plus people who live in Europe speak about two dozen different languages.
Greece, in area and population, is roughly the size of Illinois. Let’s suppose that Illinois people spoke their own language, a language that the folks in Indiana and Wisconsin and Michigan couldn’t understand. Would you say that the Illinois economy might have a problem?
Let us thank God for the British, who erased the Dutch language from New Amsterdam and the French from Louisiana and the Spanish from California. (I know, I know, they’re coming back.) Today, Illinois and the other 49 states share a common language. We take that for granted, but it’s a huge advantage.
Then there’s the matter of culture. Yes, there are cultural differences between Maine and Texas and California, but they are nothing compared with the cultural divides across Europe. Once Jill and I were on a tour bus in Portugal, and we were discussing an incident that morning, when someone robbed some fellow tour passengers on a trolley in Lisbon.
“It happens often in Southern Europe,” our tour guide said, “but hardly ever in Northern Europe.”
He was right. We had never encountered such incidents in Oslo, or Helsinki, or Stockholm or Copenhagen. I thought of that the other day when I watched the mobs of protesters laying waste to downtown Athens, while the police ducked under the flying bottles and backed away from the advancing hooligans. Could that scene have been replicated in Oslo?
Greece is bankrupt because, unlike Illinois, it doesn’t have an industrial base. It exports olives and olive oil. It has a shipping base. It attracts tourists, or used to until the tourists saw law and order, Athens-style, on CNN.
The Euro-zone countries, seeing no alternative, have loaned Greece enough money to cover their current expenses – money that Greece will never be able to repay. And so it goes. The dominoes are lined up, and investors are looking anxiously at Spain.
Europe is a continent, nothing more. Poles consider themselves Poles, and Italians consider themselves Italians. Europe has no national anthem, no ruling parliament or monarch. It has a wobbly currency, but the British must be breathing a sigh of relief that they voted to keep the pound and not embrace the euro.
With all our economic woes, the U.S. looks very healthy compared with Europe.
