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Washington’s ‘European Project’ Is Disintegrating Before Our Eyes

A lack of confidence is eating away at a system that was already fatally flawed

This post first appeared on Russia Insider

Like the American dollar, the European Union was always propped up by confidence (real and imagined) in Washington.

It is lack of confidence, more than anything else, that destroys a civilization. It doesn't matter how many euros the European Central Bank pumps into faltering economies — you can't stop the tsunami that results from a lack of confidence.

<figcaption>Things fall apart; the center cannot hold</figcaption>
Things fall apart; the center cannot hold

We are now witnessing the last, painful breaths of a political and monetary system that was the neoliberal heir of the 1,000 year Reich.

Federica Mogherini, the High Representative of the European Union for Foreign Affairs and Security Policy, seems to believe that the EU is rapidly losing confidence in its sponosor and patron:

"If the greatest democracy in the world is beset with tensions of such scale, then it becomes a destabilizing factor for the rest of the globe,” she said.

Her interview to Die Welt and leading European newspapers came on the heels of her recent visit to Washington where she met with Secretary of State Rex Tillerson, then-National Security Advisor Michael Flynn, President Donald Trump's aide and son-in-law Jared Kushner, as well as some other top administration officials.

As some important elements of Trump’s foreign policy remain obscure – aside from hawkish agendas towards Iran and China – the European diplomacy should carefully tackle various themes to find out “where our positions coincide,” Mogherini said.

“Probably, there will more issues in which Europe’s [interests] will be different from those of the US administration,” she asserted, adding that the new reality is “no drama.” In coming years, Mogherini predicted, both sides will cooperate within “mature relationships” based on “respective autonomous positions.”

Speaking at the Atlantic Council during her two-day visit to Washington last week, Mogherini resorted to heightened rhetoric, saying that some in the Trump administration invited the Europeans “to dismantle what we have managed to build and which has brought us not only peace, but also economic strength.

Lack of confidence is bad enough. Delusion is straight-up self-destructive.

Good luck, Europe. You'll need it.

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