The euro: It can't happen. It's a bad idea. It won't last.

The paper, written by two members of the staff of the Directorate-General for Economic and Financial Affairs of the European Commission (one of them an Irishman but I won't embarrass him by mentioning his name) and published in 2009, is critical of the views of some US economists on the euro experiment. It was meant to be an all-powerful riposte from the great European Commission. Talk about hubris!

 

I wonder what Bernard Connolly makes of the publication. His book, The Rotten Heart of Europe, The Dirty War for Europe's Money, which was published in 1995, warned of the disastrous nature of the euro experiment, Needless to say, The Rotten Heart, the most important publication on the EU project since 1957, it is not even mentioned in the bibliography of the hubris publication. 

You couldn’t make this kind of silliness up.