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If I recall correctly the rallying cry at the EU's conception was not "Join the EU! Give up sovereignty to financial institutions and US-friendly right-wing bureaucrats!". In hindsight, perhaps it should have been.

Europe’s socialists face a dilemma. They are at last waking up to the unpleasant truth that monetary union is an authoritarian Right-wing enterprise that has slipped its democratic leash, yet if they act on this insight in any way they risk being prevented from taking power.

Brussels really has created a monster.