It’s The End Of The Eurozone As We Know It


Paul Joseph Watson

Stick a fork in it, the eurozone as we know it is done. That’s the message we’re hearing from every media outlet and talking head this morning. But whether the EU survives in its current incarnation or takes on a new form, the agenda remains the same, the evisceration of all national sovereignty and the centralization of power into a dictatorial federal superstate.

Words like “depression,” “collapse,” and “apocalypse,” are not normally uttered by people in positions of power, but such terms have become the staple of this week’s news diet, as the deepening of the euro crisis begins to make headlines about Greece look like they should be consigned to the “and finally” segment.

– President of the European Commission and Bilderberg luminary José Manuel Barroso last night warned that any break up of the eurozone would cause a continent-wide “depression,” shave 50 per cent off GDP and cost a million jobs in Germany alone.

– The UK Treasury and the Bank of England are making contingency plans for “economic armageddon” should the eurozone collapse. Business secretary Vince Cable said that Britain was was preparing for “all eventualities,” including the breakup of the euro.

– The Secretary-General of the Ibero-American Secretariat Enrique Iglesias warns that the crisis will “definitely” impact countries in Asia and Latin America, calling for preventive measures to protect against the “chain reaction” of a eurozone collapse.

France and Germany are secretly plotting to cut their losses and create an entirely new eurozone absent problem countries in a last ditch effort to save the European project.

Whether such apocalyptic rhetoric is a ruse designed to concentrate more power into the hands of the EU as part of the drive towards a federal superstate remains to be seen. The fact that the euro currency itself has actually risen over the past 48 hours suggests that the collapse is by no means imminent.

We know that the agenda is to create a centralized European economic government that would dictate decisions to all member states. Whether that takes the form of a newly stripped-down eurozone or whether it will come into being as a result of Brussels exploiting the current crisis to pose as saviors matters little – the goal remains the same.

Eurocrats are keen on exploiting the debt crisis in a bid to create a “United States of Europe” led by European Council president Herman van Rompuy, a move that frighteningly parallels plans by top Nazis, may of whom went on to found the EU, and their mission to build a continent-wide economic government.

For months, EU leaders have been fearmongering over the consequences of member states abandoning the single currency, warning that a euro collapse would lead to martial law and even civil war.

Their “solution” is to hand themselves even more power to create a common economic policy that all member states would be forced to follow at the expense of their national sovereignty, a de facto financial government for the whole of Europe.

Whatever the outcome, the fact remains that the euro single currency has been a miserable failure. Currency unions are only ever as strong as their weakest member. This completely undermines the case for a global currency, an idea that has been promoted frequently by globalists.

Back in June, top elitist and Harvard Professor Kenneth Rogoff wrote in the Financial Times that the collapse of the euro would put an end to the dream of multi-regional currencies like the Amero.

“The euro experiment has also brought us to a crossroads in the whole international monetary system,” warned Rogoff. “Will our grandchildren inherit a world with a huge number of national currencies, or a very small number of multi-country currencies?”

Since the single currency and the eurozone in general have exacerbated the threat posed by “too big to fail” countries like Greece and Italy, in turn menacing economic stability worldwide, we can only hope that the experiment of multi-regional power blocs and currencies, which we were told would provide security yet have ended up giving us the exact opposite, is consigned to the slag heap of history along with the failed euro.

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