The pain in Spain is mainly inhumane
His Grace warned some years ago of impending Eurogeddon and the birth pangs of the Euromark. He wrote:
In the throes of the present unbearable strains in the eurozone, the political will is unequivocal - the euro must survive. Never one to let a Euro-crisis go to waste, Germany's Chancellor Merkel has demanded some Teutonic fiscal discipline: the single currency is the very nexus of the European dream; it is the essence of sovereign unity - a United States of Europe. Former Belgian prime minister Jean-Luc Dehaene once said: ‘Monetary union is the motor of European integration'.The euro was always a house built on sand: the cause of its collapse was embedded in its very foundations. As the EMU structure has cracked and crumbled, the contagion has gradually spread through Greece, Ireland, Spain, Italy and Portugal. €100,000,000,000s have been and are being poured into urgent bank recapitalisation and eurozone rescue, with democracy suspended in Greece and Italy as government-by-Eurocrat was imposed. The peoples of these former nations are being taxed to the hilt while their services are pared to the bone. They are locked in a cycle of debt and deflation. Protests, riots and strikes have ensued, and arch-nationalist groups have arisen to confront their suzerain creditor powers.
But someone put water in the tank: Greece has been prodigal; Spain is in a 'perverse spiral'; and Portugal will doubtless follow. 'Europe', it seems, is heading for meltdown.
This is God's judgement on the Babel currency. Either that, or the financial markets have discovered that the House of Europe has been constructed on a lie.
The medicine is bitter, says Daniel Hannan MEP. But that isn’t the half of it. The people are hurting, weeping, screaming for relief. Starving children are being abandoned in the streets, their parents unable to nourish or nurture them. Workers in the prime of life are killing themselves, less fearful of the judgment of God than the terror of economic despair. Women are begging on the streets while their men are writhing in the shame of paralysis.
This isn't some third-world vision of misery and anguish: it is first-world Europe, today, now. There is unemployment, recession, inflation and increased poverty. There is hardship, depression, homelessness and repossession. The total number of suicides, heart attacks, divorces and mental breakdowns will never be known. What monumental inhumanity.
While Berlin is undoubtedly complicit, Brussels is brazenly callous. The ECB must have seen these traumas coming, yet they did nothing to avert catastrophe. The European Commission must have known all along that judgment day would come, yet they failed to watch and warn. Like the foolish virgins, their lamps dimmed and their hope was damned. They are the demonic architects of fiscal hell, but it is the people who burn.
The love of money is the root of all evil. But the lust for the euro is the most inhumane of tortures. There can be no freedom or democracy under the ‘single supervisory mechanism’, with its obscure fiscal language and obfuscatory political manoeuvring. It is a deal from hell; a chain from purgatory; the greatest lie of all lies.
While the politicians spout their rhetoric, the people lunge from crisis to crisis. Ireland is bled dry, Greece is long lost, and Spain is disintegrating – quite literally for the Basques and Catalans. The country is being destroyed by Europe’s political elite, and its people are desperate.
And desperate men do desperate things.