from Timothy Garton Ash:


If I were to draw this as a cartoon, he would be the pet shop owner in the famous Monty Python sketch. “British support for Eurocracy isn’t dead. It’s just restin’.”

Pointer from Tyler Cowen. He also points to Wolfgang Munchau, who thinks that the parrot will be deceased within ten days, unless some remarkable things happen quickly, including


At this point, it may be that Europe and its banks are in for a hard landing no matter what. In that case, emergency measures that stifle popular democracy would not seem to be the best way to preserve political stability. The way I look at it, in order to rule you need some combination of an intimidating aura, personal charisma, and popular legitimacy. The eurocrats don’t seem to have any of those. In that context, I am inclined to bet that one year from now national sovereignty will be stronger, not weaker, than it is today.