On the horror of the European Stability Mechanism:

The path on which the EU is embarked is not only profoundly anti-democratic but it also tramples the classical Rule of Law. The benefits of trade are tremendous but that shouldn’t stop us being concerned that our neighbours are headed this way.

The Treaty is here. It does at least provide for vetos over some of the worst decisions possible. Proposals for Euro breakup are here.

3 Comments

  1. Jack Deeth (@JackDeeth)

    That’s a very depressing video. Would the UK automatically be enrolled into the ESM then? Or is it just for the Eurozone?

  2. Well, British MPs CAN stop it, because it depends on the radical EU treaty change agreed on March 25th coming into force, and that depends on the UK Parliament passing the Bill to approve it.