From potential bank runs in Spain to full revolt in Greece. From new leadership in France to new tensions in Germany. From fallout in Ireland to fallout in England, there’s no doubt that Europe and the European Union is unstable at best. The tensions can be felt in economic policy and employment — the questions of austerity vs. investment — and in cross-border relations. They also can be felt here in the US, where much of our own economic uncertainty comes from European fears. What comes next — And might this journey just get worse before things get better? Here to help us understand, Joseph Nye, Former Assistant Secretary of Defense for International Security Affairs & Chair of the National Intelligence Council on the European Union — now professor at Harvard’s Kennedy School of Government. His latest book is “The Future of Power.” (Originally broadcast 6-2-12 on The John Batchelor Show)
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