Is Europe Doomed By Vassalage To Washington? -- Paul Craig Roberts - PaulCraigRoberts.org

Is Europe Doomed By Vassalage To Washington?

Paul Craig Roberts

“One Ring to rule them all . . . and in the darkness bind them.”
J.R.R. Tolkien, The Lord of the Rings

World War II resulted in Europe being conquered, not by Berlin but by Washington.

The conquest was certain but not all at once. Washington’s conquest of Europe resulted from the Marshall Plan, from fears of Stalin’s Red Army that caused Europe to rely on Washington’s protection and to subordinate Europe’s militaries to Washington in NATO, from the replacement of the British pound as world reserve currency with the US dollar, and from the long process of the subordination of the sovereignty of individual European countries to the European Union, a CIA initiative implemented by Washington in order to control all of Europe by controlling only one unaccountable government.

With few exceptions, principally the UK, membership in the EU also meant loss of financial independence. As only the European Central Bank, an EU institution, can create euros, those countries so foolish as to accept the euro as their currency no longer have the power to create their own money in order to finance budget deficits.

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