Peter Glover aptly describes the European Union as a slow motion Titanic. The self-inflicted Eurozone crisis together with the also self-inflicted "green" economy bubble is an unbeatable combination leading to a marginalized and less prosperous Europe:
What’s the difference between the European Union and the Titanic? Answer: the Titanic was holed by a single immovable object and took minutes to sink. The EU, another allegedly “unsinkable” project, is taking a little longer. As if Eurozone crisis and keeping Greece afloat wasn’t threatening enough, the next crisis is looming: energy – a crisis entirely of the EU’s own policy-making.