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The Euro elite are totally out of touch with the modern world
h/t InstapunditIt is extraordinary to recall that, until June last year, HM Treasury still had a euro preparations unit, finally abolished in George Osbornes emergency Budget. This was the last, fossilised remains of the prepare and decide strategy adopted by New Labour, the premise of which at least in the Blair years was that Britain should and would join the single currency at some point in the future. In past weeks, we have grown used to the eurozone as supplicant: the garlicky tramp on the pavement with a piece of cardboard on a string round his neck, bearing the words: Will work for bail-out. Even now, Osbornes team is working on a host of contingency plans, to be triggered by crises ranging from Greeces exit from the single currency, to the full-blown collapse of the eurozone. Posted by: gr(o)mgoru 2011-11-08 |
| http://www.rantburg.com/poparticle.php?ID=333071 |