Lucian Kim: For Europe, the party’s over. It’s not clear what comes next
"Peace, joy and pancakes" could have been the European Union's motto. That silly German expression - Friede, Freude, Eierkuchen - refers to glossing over problems. It can also describe the blithe optimism with which most Europeans marched into the glorious future of a unified Europe. Today that promise seems to have evaporated.