David Cameron--not the leader of Britain's Tory Party, but the director of the program in European Studies at the MacMillan Center of Yale University--Cameron says the nature of the economic in the European Union is largely the same as in the United States, but the response has been markedly different.  In a letter to the Financial Times, Cameron calls on Europe's leaders to develop a much stronger stimulus plan.  While the EU does not have the same fiscal capacity as the US, it nevertheless is risking a deeper, more prolonged crisis as a result of not being as aggressive as the US and Britain.  

In this short interview, Cameron explains the nature of the EU and its response--and lack thereof--to the economic challenges it is facing today: