It was Christmas 1991 when the Soviet Union was formally ended by the Russian Parliament. A month later the Maastricht Treaty was signed which mandated the creation of the euro currency, a remarkably similar monetary union (MU) to the Soviet one. The Rouble Zone (RZ) staggered on for 18 months until the other republics had … More The Future of the Euro – 2
Edmund Burke told his voters in Bristol that an MP “owes you, not his industry only, but his judgement; and he betrays, instead of serving you, if he sacrifices it to your opinion”. His constituents agreed, they elected another candidate. A majority in Parliament is intent on wrecking Brexit. It was asked by popular vote … More Resign, You Cowards!
Our previous post ‘celebrated’ the twentieth anniversary of the euro (The State of The Euro); we described how monetary union has failed to increase growth or converge the economies of the eurozone countries. In this follow-up we look at similar failures and the possible consequences if the euro also dies. Giving control of monetary policy … More The Future of the Euro – 1
The euro (€) was 20 years old on New Year’s day 2019, so now’s the time to ‘celebrate’ its birthday. The start of another year is also a traditional time for reviewing where we’ve been, where we’re going and for setting quizzes. Let’s do all these things to celebrate the common currency’s emerald anniversary. Our … More The State of The Euro
(See On Democracy-1 and On Democracy-2 first) Two quotations offer evidence that supports our claim that the EU is founded on contempt for its member nations and disdain for its citizens. “Europe’s nations should be guided towards the superstate without their people understanding what is happening. This can be accomplished by successive steps, each disguised … More On Democracy-3
(See On Democracy-1 first). Continuing our retrospective review of democracy as the EU interprets it, this is typical of how Jean-Claude Machiavelli sees it working: “We decide on something, leave it lying around, and wait and see what happens. If no one kicks up a fuss, because most people don’t understand what has been decided, … More On Democracy-2
The desire for democracy amongst Europeans is ancient, indeed proverbial: Vox populi, vox dei (the voice of the people is the voice of God). This was first recorded in written advice by Alcuin of York to the Emperor Charlemagne in the 8th Century but the context shows it was already a well-known aphorism. The EU … More On Democracy-1
Conservative MPs and Cabinet are considering May’s Deal, No Deal, a Mitigated No-Deal, a Managed No-Deal, a Norway-Plus Deal, a Canada-Plus deal or no Brexit at all. Meanwhile plans are finally being published in case the default happens, leaving with no agreement on WTO terms. The EU has published its own plans for a no-deal … More Mini ‘No-Deal’ Deals
Misrepresentation Act, 1967 “The Misrepresentation Act exists to protect consumers from false or fraudulent claims that induce you into buying something or entering into a contract. It also allows you to claim damages.” Those wanting a second People’s Referendum – to overturn the first (they hope) – still claim the 2016 vote was won with … More Gawd Strewth!
End of the Rope The EU is unnecessary, there are better and less divisive ways to build a collaborative Continent (ref. Europe versus EU). It is also malign, just try leaving it. There are beneficiaries of course, or it wouldn’t continue; they receive salaries, expenses, pensions, subsidies, favours or protection (for their products or jobs) … More Shorties-21