The EU looks like the Soviet Union in 1991, Soros says
Europe is sleepwalking into oblivion and its people need to wake up before it is too late. If they don’t, the European Union will go the way of the Soviet Union in 1991. Neither our leaders nor ordinary citizens seem to understand that we are experiencing a revolutionary moment, that the range of possibilities is very broad, and that the eventual outcome is thus highly uncertain.
Most of us assume the future will more or less resemble the present, but this is not necessarily so. In a long and eventful life, I have witnessed many periods of what I call radical disequilibrium. We are living in such a period today.
The next inflection point will be the elections for the European parliament, in May 2019. Unfortunately, anti-EU forces will enjoy a competitive advantage. There are several reasons for this, including the outdated party system in most European countries, the practical impossibility of treaty change and the lack of legal tools for disciplining member states that violate the principles on which the EU was founded. The EU can impose its laws on applicant countries but it lacks sufficient capacity to enforce member states’ compliance.