Charles Gave authors a short but fascinating read, Toynbee’s Europe. I found this bit particularly notable:
Mervyn King, the former governor of the Bank of England, wrote in his recent book The End of Alchemy that European leaders pushed for the adoption of the euro as a single currency knowing that it would cause an economic disaster in Southern Europe. The idea was that the impact of weakened economies would force national politicians to accept “reforms” imposed by Brussels. Put simply, Lord King argues that these elites consciously organized a huge decline in living standards in the expectation that it would undermine the legitimacy of local politicians. The problem is that most regular people (rightly) believe that their state is the best guarantor of their society being able to “live together”, which is the basic contract binding a nation.
This, as well as much of the article, is a damning condemnation of Technocracy which is the Globalist’s dream State. This is the same strategy being pursued by many of the Republicrats ruling from Washington, not to mention Hillary and Obama.
Read the entire article.
HT to the essential Mauldin newsletter, Outside the Box.