WHY BREXIT HAPPENED ...

[Michael Grove]

  and what to do next | Alexander Betts

    We are embarrassingly unaware of how divided our societies are, and how Brexit

    grew out of a deep, unexamined divide between those that fear globalisation and

    those that embrace it, says social scientist Alexander Betts. How do we now address

    that fear as well as the growing disillusionment with the political establishment,

    while refusing to give in to xenophobia and nationalism?  Join Betts as he discusses

    four post-Brexit steps toward a more inclusive world.

Euro 'house of cards' to collapse, warns ECB prophet

Jacques Delors, the euro's "political" founding father, issued his own candid

post-mortem last month on the failings of EMU but disagrees starkly with

Prof Issing about the nature of the problem.  His foundation calls for a

supranational economic government with debt pooling and an EU treasury,

as well as expansionary policies to break out of the "vicious circle " and

prevent a second Lost Decade. "It is essential and urgent: at some point in

the future, Europe will be hit by a new economic crisis. We do not know

whether this will be in six weeks, six months or six years. But in its current

set-up the euro is unlikely to survive that coming crisis," said the Delors

report.

Prof Issing is not a German nationalist. He is open to the idea of a genuine

United States of Europe built on proper foundations, but has warned

repeatedly against trying to force the pace of integration, or to achieve

federalism "by the back door ". He decries the latest European Union plan

for a "fiscal entity" in the Five Presidents' Report, fearing that such move

would lead to a rogue plenipotentiary with unbridled powers over sensitive

issues of national life, beyond democratic accountability. Such a system

would erode the budgetary sovereignty of the member states and violate

the principle of no taxation without representation, forgetting the lessons

of the English Civil War and The American Revolution. Prof Issing said

the venture began to go off the rails immediately, though the structural

damage was disguised by the financial boom. "There was no speed-up

of convergence after 1999 – rather, the opposite. From day one, quite a

number of countries started working in the wrong direction."

ALL of which increasingly appears to [BE] the unforeseen End-Game

Consequence of the consequences of the complex system of CONTROL 

• the Paul Manning perspective of which, has been perfectly described

in this independent broadcast entitled ...

"What the BBC won't tell you about Brexit & the Decline of Britain"

.