The Yugoslavia de nos jours

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Koversada socialist naturist park in Istria, Vrsar, on the Dalmatian Coast of Croatia, Yugoslavia

For those, writes Dalrymple,

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.

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