RT
Adrian Salbuchi
Efforts by European leaders to
shoe-horn a range of diverse countries into a rigid financial cage are
doomed to fail. But that’s all part of a long-term plan for a global
super-currency which can only bring more hardship to ordinary working
people.
A question that more and more people are asking nowadays is, “What on Earth were the Europeans thinking when they agreed to have just one currency for all of Europe?”
In Greek
mythology, Procrustes was the son of Poseidon, God of the deep blue
seas. He built an iron bed of a size that suited him, and then forced
everybody who passed by his abode to lie on it. If the passerby was
shorter than his bed, then Procrustes would stretch him, breaking bones,
tendons and sinews until the victim fitted; if he was taller, then
Procrustes would chop off feet and limbs until the victim was the
“right” size…
This
ancient story of “one size fits all” seems to have made its 21st Century
comeback when Europeans were coaxed into imposing upon themselves an
oxymoron; a blatant and conceptual contradiction they call “the euro”.
This
common supranational currency invented by the French and Germans,
boycotted by the UK, ignored by the Swiss, managed by the Germans and
accepted by the rest of Europe in blissful ignorance, has finally
dropped its mask to reveal its ugly face: an impossible mechanism that
only serves the elite bankers but not the working people.
It
masked gross contradictions as large, far-reaching and varied as the
relative sizes, strengths, profiles, styles, histories, econometrics,
labor policies, pension plans, industries, and human and natural
resources of the 17 eurozone nations, ranging from Germany and France at
one end of the scale, to Greece, Portugal and Ireland at the other.
As we said in a recent article, the euro carries an expiry date;
perhaps the eurocrats who were its midwives a decade ago expected that
it would live a little longer, maybe even come of age… But they
certainly knew that, sooner or later, the euro would die; that it was meant to die.
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