EU debt crisis and the consolidation of power?
- 23rd May 2011
- News and Prophecy Staff
A recent article in The Times (of London) read: “The bailouts don’t work but they do allow the EU to build up centralized power at the expense of nation states.” The author continued, “The political motivation for tightening the debt yoke on Greece, Ireland and Portugal is even clearer. By turning these countries into permanent debtors to the ECB [European...