This is an interesting article about the possibility (almost nil) of Europe uniting by federalizing its aggregate debt. However, it is the opening paragraph that is the most interesting and, if you read nothing but the first paragraph, you will have been exposed to one of the most thought-provoking pieces of writing I've ever seen...
"Throughout the 20th century, Europe mass-produced history, most of it disastrous. The two most destructive wars in history began in Europe over obscure questions such as the governance of Bosnia-Herzegovina and the ownership of Gdansk (now in Poland, then the “free city” of Danzig). The most dangerous location in the Cold War was not Cuba but Berlin. If World War III had broken out, Europe would have been its principal battlefield. And let’s not forget that the most dangerous ideologies of the modern age — communism and fascism — were both of European origin."
Can you imagine anything more damning?