who have nothing but contempt for the European Union and the political class that has formed it, these are happy days.
Clear-sighted people have long realised that
- the single currency is unworkable without political union
- political union is impossible with even the most minimal democratic oversight, and is therefore essentially a fascist ideal
- in the end the so-called union will bring conflict and even violence
Having pursued, says Dalrymple,
the policy of après nous le déluge for so long, European politicians find themselves in a dilemma: they have to decide which kind of economic degradation to plump for. They can maintain demand for a time at the expense of the currency, or they can maintain the currency for a time at the expense of demand.