Thatcher Warned that the Euro was the Backdoor to Federalization of Europe

 

QUESTION: Hi Team Armstrong,
I read your fascinating blog regularly since watching The Forecaster in early 2015.
In today’s posting “Soros Throws In The Towel” there must be a unfortunate misprint?
“That was the coup against Margaret Thatcher who really wanted to take Britain into the euro” ? (Illustrated with a picture of PM at the time, John Major)
I have always been under the impression that Mrs T was fiercely against the £ joining the ERM which would facilitate adopting the € eventually.

However John Major have always been, and still is a keen EU/€ supporter.
I hope you don’t find my pondering over this annoying in any way.
All the best and keep up the good work !

KS

ANSWER: Terribly sorry, the wording is not clear. It was the coup against Maggie who wanted to give up the pound and adopt the euro, not Maggie.

Latest Posts

RFK Jr – Armenian Genocide Continues

https://www.armstrongeconomics.com/wp-content/uploads/2024/04/RFKJr.ArmenianGenocide.mp4   No one is chanting about this human rights issue because it is not profitable or trendy. The victims are also mostly (97%) Christian, an unprotected class considered the [...]
Read more

Market Talk – April 26, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 306.28 points or 0.81% to 37,934.76 Shanghai increased 35.74 points or 1.17% to 3,088.64 Hang [...]
Read more