A right-wing American take on the history of the EU and euro with which I don’t entirely agree. Except on this point – it’s mostly France’s fault, and mostly due to French national interest. (Which was why the Americans wanted Britain to join and be active in the first place, of course – to keep France in check…)
The question is, following this hypothesis, can the new French president change this pattern of repeated slow failure? Worth a read, if you’re not familiar with the classic US take on the EU.