“You can check out any time you like, but you can never leave.” – The Eagles, Hotel California
Mario Draghi explains that no one will be exiting the euro, that this is not an option, that those who say that it is an option have no idea of the “political capital” invested in this insane experiment.
And it is insane. These people will do anything they can to ensure that consolidation of the European continent continues. Theft of assets in Cyprus? 25% unemployment in Spain and Portugal? A near failed state in Greece? Who cares. Europe must be held together at all cost. THERE IS NO PLAN B.
And in light of this statement I thought a repost of Nigel Farage’s takedown of the non-elected European Parliament last year was warranted. For those who haven’t seen it, the video is 3 minutes of brilliance. (Months later Farage was actually fined for this and other “disrespectful” speeches on the floor of the Parliament.)