The end of the Fourth Reich

It was a few weeks back, but our friend Dawn Pine sent me a couple of links about how the Kung Flu is rapidly destroying the illusion of European unity. The first one concerns the fact that Europe wasn't ready for the Chinkflu at all, and might never recover from the impact:

At some point between March 8 and March 15, all European countries unilaterally closed their borders. For 20 days, as nations took the lead, the European Union ceased to exist. Even today, it is discussing possible economic measures, without any decision being made. The main obstacle to an economic agreement is that the countries that have been frugal for years, in particular the Netherlands and Germany, refuse to bail out the more wasteful Mediterranean countries with their money again. And that’s understandable. However, for those who are now on their own, namely the United Kingdom, things aren’t looking any better. The UK will pay a heavy price for its experimental immune policy. Prime Minister Boris Johnson’s infection looks like writing on the wall. To survive in a globalized world, you have to do more than just antagonize everyone else all the time.

Europe, whose nations had staked everything on an all-powerful state that could protect its citizens from all evil, has been cruelly disappointed. The future is uncertain. But what is certain is that death and poverty are two words that will stay with us for a long time. Europeans now miss having competent governments, cohesive civil societies, responsible economic administrations, and citizens capable of giving their lives for others — that is to say, citizens with values. The same values that were deliberately excluded in the European Constitution in order to please the extreme left-wing secularists.

It is indeed clear that there are some severe stress fractures opening up among the European elites. Witness Guy Verhofstadt, Euzi par excellence, the former Prime Minister of Belgium and one of the Fourth Reich's biggest and most vocal supporters, absolutely savaging the European Commission leadership for letting the Chinkflu get out of control across the continent:

Remember, that is one of the EU's biggest supporters and most ardent defenders, who has publicly called for dissenting member nations to be harshly punished and did everything in his power to stop Brexit, telling the EU's leadership that he thinks they've done nothing but play ping-pong with the problem.

It is entirely unsurprising that an artificial construct created by the richest European nations to exercise economic and political control over the poorer ones, should now find itself under severe strain, given the fact that the economic impact of the Kung Flu is going to be quite disproportionate across the entire EU.

In fact, the Kung Flu is simply going to exacerbate the tensions that existed long before Corona-chan ever appeared on the scene to spread Grandfather Nurgle's pestilential blessings.

The rich "northern" countries were already tired of being stuck with the bill for the more profligate "southern" ones. The central European nations were already violently opposed to the sheer stupidity and anti-nationalism of their neighbours in Germany and France; Poland, Hungary, Austria, and Slovakia had been taking measures to protect their internal sovereignty and exert control over their own borders since the Syrian Refugee Crisis began in 2014.

The poorer nations of the bloc, such as Spain, Portugal, and Italy, were already chafing hard under the fiscal constraints imposed by the Maastricht Treaty.

And France... well, France is a basket case by itself. An economy in ruins, a society imploding under the contradictions of multiculturalism, and a government run by (what appears to be) an effete mincing nancy-boy closet queer with a granny for a beard... the list of problems that the Frogs face is longer than my arm.

All empires eventually collapse because they are always and everywhere incapable of enforcing their will over the sovereign nations and peoples that comprise them. So it is with the EU. The entire scheme started off with noble intentions - as the Road to Hell always does - but the idea always rested on completely untenable assumptions.

The first of these was that the cultures of the European nations were fundamentally alike enough that a superstate could be placed above the national parliaments. But this has proven to be so laughably wrong that even the Euzis themselves no longer can pretend that it is true. An Italian is not a Pole is not a German is not a Swede is not a Finn is not a Slovak is not an Austrian.

There is a reason why people divide themselves into nations. The entire point of a NATION is to make it easy to figure out who is "us", and who is "them". Those that are "them" stay the hell OUT, and those that are "us" get to live side by side without killing each other every time the mood takes us.

And even then it's not all smooth sailing. Just ask the Irish, where Catholics and Protestants happily slaughtered each other for centuries, even though they all looked exactly the same, spoke the same language, ate the same foods, breathed the same air, shared the same culture and history, and believed, ultimately, in exactly the same God.

The second great mistake of the European empire was to assume that the economies of Europe would be economically aligned, just like the economies of the various American states are, and therefore could be controlled and coordinated through one central monetary policy mechanism.

This conceit was extraordinarily wrong. There is simply no basis for it in fact. And it is precisely because of the immense economic differences between member states that the boom-bust cycles described so accurately and thoroughly by the Austrian School of Economics were made much worse in Europe.

It is difficult enough to come up with an interest rate that makes sense to all of the various German states and principalities. There is considerable economic variation between just the individual states of the Federal Republic of Germany, and back when the Bundesbank existed to manage the interest rate that determined the value of the old Deutschmark, they did an admirable job of keeping the German economy running more or less without significant problems.

It is at least three orders of magnitude harder to set an interest rate that makes sense for an entire continent, where some of the member states are models of economic rectitude and self-discipline, and others make drunken sailors on shore leave look like sober-minded Puritans.

The result was that the adoption of the Euro created huge economic disparities and disruptions across the entire continent.

The Euro's intrinsic value resulted in relatively little impact in Germany - but caused huge jumps in prices in Italy, while wages took a while to adjust to those spikes. And the low rates of interest used by the ECB to manage the Euro's value may well have been appropriate for Germany, where personal savings were high and so was government fiscal discipline - but they were far too low for a place like Spain, where successive governments had piled on massive amounts of debt and the population isn't exactly known for hard work and self-sacrifice.

The bottom line is that the European Union will collapse because it must. And that day of reckoning has been brought significantly closer by the spread of Corona-chan. The various European nations can see that borders matter to the speed and quality and effectiveness of a national and international response to a major pandemic. Furthermore, they can see that the European Union is effectively toothless in a crisis.

This is all very much to the good. The sooner that the Frankensteinian monstrosity that is the EU can be dispensed with, the better off the Europeans and indeed the rest of the world will be.


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