Basically, she outlined the problems with the euro perfectly, that Germany would chafe at the inevitable need for greater inflation, and that the poorer countries would inevitably be uncompetitive and need bailouts that would not easily be forthcoming.
This paragraph is from "The Path To Power," where she discusses conversations with John Major (her successor) about negotiating with the rest of Europe. She just totally nails the inflation and competitiveness angles.
Watch Margaret Thatcher Explain Why the Euro Is a Terrible Idea in 1990
By Jordan Weissmann | TheAtlantic
Say what you will about the rest of her legacy, but when it comes to the economic disaster today known as the euro, Margaret Thatcher was downright prophetic. In a delightfully acidic speech delivered before Britain’s House of Commons in 1990, and posted below, she summed up her feelings about European integration: "No. No. No."
Specifically, Thatcher opposed to the idea of handing political power to a European parliament, giving up the pound for a single European currency, or handing over its monetary policy to a European central bank. As she put it (in the blunt way only British politicians can):
Perhaps the Labour party would give all those things up easily. Perhaps it would agree to a single currency and abolition of the pound sterling. Perhaps, being totally incompetent in monetary matters, it would be only too delighted to hand over full responsibility to a central bank, as it did to the IMF. The fact is that the Labour party has no competence on money and no competence on the economy -- so, yes, the right hon. Gentleman would be glad to hand it all over. What is the point of trying to get elected to Parliament only to hand over sterling and the powers of this House to Europe?
The Israel lobby in United Kingdom - Who Runs Britain? 2014 09 20 Who runs British politics? Who in Britain supports all the wars the UK has been involved in?
The Israel Lobby in the UK - Full Documentary By Peter Oborne from Dispatchees
Links from Youtube:
Zionist attack on western civilization
Reed Douglas - The Controversery of Zion
The cowardice at the heart of UK relationship with Israel
Close friends and allies: Prime Minister David Cameron ...
Another Palestinian Mass Grave Discovered, Evidence of Massacre 2014 09 20 Another mass grave discovered, evidence of 1948 Judaic holocaust by bullets, knives and bludgeons against Palestinians.
The Israeli military admits to have been surprised by the abilities of Palestinian resistance fighters during its recent war on the Gaza Strip.
A top Israeli military official says he’s impressed by the training of Palestinian resistance fighters from Hamas and the Islamic Jihad groups. He ...
Russian Media to be owned by Russians 2014 09 20 Comment: Russian media by and for Russians? Wow, revolutionary!
I guess they are stick of foreign oligarchs and zionist with dual citizenship.
Duma seeks limits on foreign ownership of Russian media companies
A group of opposition lawmakers have prepared a bill that orders Russian mass media companies to have at least 80 percent of their stock held by Russian investors.
The bill is backed ...
Jewish Groups Pay to Send Militarised U.S. Police to Train in Israel 2014 09 20
The militarization of American police forces hasn’t been paid for by just the federal government. Pro-Israel groups in the U.S. have also played a role by financing trips for hundreds of law enforcement officers to travel to the Middle East for counterterrorism training, according to Ali Winston, a contributor to the Center for Investigative Reporting (CIR).
Monies provided by such groups ...
Equinox: Homicide In Kennewick 2014 09 19
Description text from Youtube: One of the most important and controversial archaeological finds ever made, Kennewick Man’s remains were dated to around 7000 BC. Found on the banks of the Colorado River, his facial structure, however, was unanimously reported not to be a Native American by all the scholars who have taken a close look at the remains... The implication ...