‘And I will pray to a big god, as I kneel in the big church’
– Peter Gabriel
Imagine for a moment that you are a British citizen with doubts about Brexit. You turn on the television and listen to the President of the European Commission, Jean-Claude Juncker, state the following:
That the 27 countries of the Union should adopt the euro and be in Schengen by 2019. That ‘we are not naive defenders of free trade’. That Europe needs a European superminister of Economy and Finance who is also Vice-President of the Commission and President of the Eurogroup. That a European Monetary Fund should be created Probably, at that moment, many doubts will dissipate. Unfortunately, for those who would like the UK to remain in the European Union, in the opposite direction of their wishes. You would probably think ‘thank God we are out’.
Juncker’s speech on September the 13th did not seek to find elements for an agreement with the United Kingdom, but to strengthen the current model of the Eurozone at all costs. It was presented as an opportunity to remind us all of his real project for the European Union, clearly based on the French interventionist economic and financial ‘dirigisme’, and very far from the UK, Finnish, Irish or Dutch open model of economic freedom.
This post was published at Ludwig von Mises Institute on September 28, 2017.