In 1990, British Prime Minister Margaret Thatcher exclaimed her opposition the common currency and European integration very simply: "No! No! No!" Perhaps it is time to revisit her thoughts as Britain considers leaving The EU.
As DollarCollapse.com's John Rubino notes, as the eurozone spins out of control and Britain considers leaving the European Union, this is a good time to recall some of the debates that led up to the current mess. Here’s Margaret Thatcher being extraordinarily prescient about the common currency and European integration.
It’s safe to say that many in Britain are glad that Thatcher and her intellectual successors opposed “a federal Europe” - and that a growing number of Italians, Greeks and Spaniards wish they’d had Thatchers of their own.