The rise of the European Union
[Note: This is an essay inspired by the book “The Great Deception”. What set out to be a review became an essay in its own right. My review opinion is here.
If you want to understand EU, read this book.
Now for the second part of the essay:
Moving into the second part of The Great Deception, we have to go back a bit, to the Exchange Rate Mechanism (ERM) and related treaties. First, note the use of the innocent-looking word ‘mechanism’ for something with profound economical and political consequences. The truth, of course, is that this was no mere ‘mechanism’, but a fully-fledged currency union, a project that, as a matter of cause, sets billions at stake. And the precursor to the Euro, too, a project of even greater significance. Læs resten