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  1. Wealth
May 14, 2013

Bury this busted flush of a euro

By Spear's

Some of us have warned for many years that this is where the utterly mad ideas expressed in the Maastricht Treaty would end up

When the French march on the Bastille (as below in 1789), as they did on the May Day bank holiday, it means the end-game is coming. The French game of pretending to be equal to Germany is over, as unemployment hits 3.2 million, and rising. And wherever we look in the eurozone, calamity abounds.

Some of us have warned for many years that this is where the utterly mad ideas expressed in the Maastricht Treaty would end up – especially EMU, a bureaucratic attempt to harmonise everything everywhere.

Well, in England at least, a voice of sanity and good old common sense – a rare commodity these days! – has prevailed over the PC- Euro-drivel that falls from the mouths of Merkel and Mario and Jose and Herman, and all those Euro-mugs!

Stand up Nigel Farage of UKIP and take a bow after emerging as the new political force in the UK after the local elections… Roll on the 2014 Euro-elections, which can’t arrive too early now, not just for the UK, but for the whole of Europe.

Let them eat gruel

The trouble with the Euro-emus – a shortly to be extinguished species like the brain-dead old dodos that they are – is that they can’t see what’s in front of their eyes and can’t hear the cries of anguish from 20 million unemployed human beings in the EU.

‘Let them eat cake!’ or rather a horrid new gruel called Austerity, imposed in the prison of a single currency. They are told that the single currency must reign supreme or we will all kill each other in WW3 – that is all we hear from Brussels and Stuttgart and Frankfurt and Berlin – but no longer from Paris, Rome, Athens and Madrid, which are all economically dead.

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And now London has spoken, which has a wider vision of the perpetual travails of Europe, ever since 1346. The UK has a new leader in waiting, who must take his message, as a coming statesman, to a fractured Europe, where Alternative Für Deutschland and the Five Star Movement need some good old British leadership, direction and encouragement.

Power to the people

The power is at last moving back to the people and away from the arrogant Euro-politico-elites, and the two-faced central bankers who cower behind them, as they seek to pretend that they know what’s going on and how to set it right, when it is already clear that they haven’t got a clue as to how to proceed.

‘The two-faced central bankers’? Yes. They are meant to preserve, as their foremost duty, the value of the people’s currency and savings and pensions, but every day they debase it and print fiat money, to pay for the politicos’ excessive spending of money they haven’t got, and to stop the banks going bust while they pay their rotten bonuses.

The eurozone is now a busted flush, and must be buried. Don’t accuse Spear’s of sticking its neck out: this is what Herr Oskar Lafontaine, the German Finance Minister who launched the euro in 1999 with the usual trumpeting of the constructivist dreamers, said at the weekend: ‘It’s heading for disaster!’

And now Lord Lawson, who shadowed the Deutschmark in the 1980s without Maggie‘s knowledge, says we must get out. We at Spear’s forecast this outcome years ago… sticking our neck out when no one else dared to.

Read more by Stephen Hill

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