It will gradually break down. It’s already broken down. This massive migration crisis has led to the reimposition of national border controls. The economy: The European Central Bank today has agreed to another great wave of money-printing. They’ve reduced interest rates even more, from minus 0.3 percent to minus 0.4 percent, I think. This is all economic nonsense of the highest level. Because it’s not lack of money in the system that’s the problem. It’s the lack of money in the pockets of the people to spend—that’s where all industry and commerce and prosperity begins. Without people to spend money, business has no reason at all to borrow, to invest. That is an elementary thing. And of course, they’ve destroyed the distribution of capital in Western economies. They’ve concentrated it all in the kind of big businesses who are now dictating to us that we have to stay in the European Union. …
The whole system has got out of kilter because democracy has been destroyed, and democracy’s been destroyed because nation-states have been destroyed. And the very people who were so supportive of Hitler personally and the German Europe of the 1940s—the very corporations—are back again today in support of the European Union, which is also collapsing.
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