Thursday, December 15, 2011

Euro Notes: Eurocrats Versus the UK?

*Sigh*   Are Eurocrats haters?  Well, some, maybe.  On the other hand, some of the Brits are pushing back.  There is something surreally amusing in watching a British MEP wordplaying with the term "FU" as something not meaning "fiscal union."  Oh, my.  


UPDATE: A defiant Nile Gardiner supports Great Britain standing "in splendid isolation" and accuses Merkel and Sarkozy of "digging Europe's grave."  Are things that bad?  Wow.  I remind you of Niall Ferguson's recent prediction that the collapse of the EU is more likely than the fall of the euro ... but neither will be pretty.  I've always been skeptical of the entire EU project, but watching this current slow-motion train wreck is horrifying.  Who can blame the Brits for not wanting to be part of it?

2 comments:

Marian said...

The world isn't that black and white, see Ambrose Evans-Pritchard: In defence of the French - and even in Germany, the condemnation of Cameron is not uni sono, as this (Google-translated) comment from the UK correspondent of the daily Die Welt goes to show: Does Great Britain really isolate itself?

Mad Minerva said...

Of course it's not black and white. It's media coverage and heated commentary. People are responding very emotionally. It's becoming hard to watch.