Did Europe Just Experience Its "Hamiltonian Moment"?

THE REFERENCE of course is to America's first Treasury Secretary, Alexander Hamilton, who consolidated the war debt of the thirteen colonies with the issuance of common debt. German Finance Minister Olaf Scholz described the [euro]750 billion reconstruction package with a historical reference to the former American Treasury secretary.

Is Europe moving in the same direction? The European Union has agreed to a coronavirus relief plan based on the issuance of common debt.

Is this the completion of the final phase of the "European...