The world economy is convulsing and an entire currency is sliding towards collapse, barely being held together by political interventions and actions that increasingly bind nations using that currency into fiscal and political union.
You secure an interview with one of the chief architects of that currency to talk about how this currency crisis came to be and whether he got it the design wrong. It is time to prepare.
a) Revise by looking back in detail as far as the interviewee’s report in the 1990s which formed the plan for the currency
b) Go back to the origins of the bigger project of which the single currency was merely a milestone, and the method of implementing change without stirring the people into revolt
c) Rock up to the interview with pad and tape recorder, ask if he got it wrong and accept whatever answer he gives as truthful fact and report it accordingly
If you answered ‘c’ then the Barclay Brothers might be interested in hiring you to work on their comic. It would explain the uncritical acceptance of the comments made by Jacques Delors in this piece by very grand Charles Moore (whose bio states he covers politics with wisdom and insight!), which is notable for the lack of any challenge of the points Delors makes.
There is a reason this blog describes the Telegraph as the Barclay Brother Beano, and Richard North’s tour de force on EU Referendum brings it into sharp relief.
While Moore faithfully relays the answers Delors provided to his lightweight questions – demonstrating a classic appeal to authority and lack of journalistic rigour – North does the job Moore should have done and gets into the history, the detail and the methodology to put into proper context what is happening now and why.
It puts a very different hue on Delors’ deceptive attempt to rewrite history and keep the masses in ignorance of the nature of the beast he loves and cherishes.
Update: The BBC News is leading with the Delors interview furthering the ‘faulty execution’ line. This is the derivative, unthinking media at its worst.
But what really stands out is how UKIP’s Nigel Farage has jumped into the story – spectacularly missing the point of the strategy behind the plan – to use Delors’ interview comments as evidence that the Euro was always destined to fail. When Farage blows it this badly it vindicates my decision not to support his party.