http://online.wsj.com/article/SB10001424052970203391104577122330360675426.html?mod=WSJ_Opinion_LEFTTopOpinion
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Europe Cries Wolf, Britain Calls Its Bluff David Cameron’s veto of Europe’s proposed fiscal union does not spell doom for the U.K. Quite the contrary.
‘Bye-bye England,” shouts the Bild. In Der Spiegel, a cartoon shows Prime Minister David Cameron being dropped into a rowboat as the great European liner steams ahead. Headlines in the New York Times and Financial Times agree: Britain is “isolated” from the euro zone. What could make a Briton feel warmer this Yuletide, or more nostalgic?
Britain has been warned ever since the European Coal and Steel Community was created by Jean Monnet in the 1950s that if she didn’t get onto the “top table”—sometimes it was “in at the ground floor”—then terrible things would happen. Europe would surge ahead without her