Are we in a political bubble?

Is the European Union a 'political bubble'? That is the contention of George Soros, who, in one of the better recent commentaries on the eurozone crisis, makes a fascinating comparison between market bubbles and political institutions.

ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU http://www.europeansources.info/advSearchLink?keyword=commentary%20feature%20emu%20challenges%20&searchOption=all

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