EU faces ex­is­ten­tial threat

Pakistan Observer - - OPINION - LAJJA LARAIB

When I was in Ger­many, my friends there used to have a de­bate over the fu­ture of Euro­pean Union. Now when the anti-EU peo­ple of UK have won the ref­er­en­dum, my friends called from there, say­ing “Lajja you were right”. I fore­told them “Bri­tain would be the first to leave the Union. And this may hap­pen around the time of 21st cen­tury’s First World War.” My pre­dic­tion was not based on any oc­cult knowl­edge, but I had read Henry Kissinger’s forecast for the Euro­pean Union’s fu­ture. He warned Amer­ica of the emerg­ing threat of Euro­pean Union and Euro “which Washington shall have to con­front, after tack­ling with the Is­lamic ter­ror­ism.” In fact the USA is more threat­ened by the Ger­man-led in­de­pen­dent econ­omy and in­dige­nous poli­cies un­der the iron lady lead­er­ship.

The ref­er­en­dum has turned the ta­ble; only on the day of ref­er­en­dum the pound plum­meted to a 30-year low; Ja­pa­nese stock mar­ket crashed 8 per­cent and sus­pended trad­ing; it con­firmed of another Scottish in­de­pen­dence ref­er­en­dum and called for an Ir­ish re­uni­fi­ca­tion ref­er­en­dum; far­right na­tion­al­ists across Europe now call for ref­er­en­dums to quit EU; in two hours, the UK econ­omy lost over £255bn, the equiv­a­lent of 40 years’ worth of EU con­tri­bu­tion. Be­sides, David Cameron re­signed.

Once the war on Is­lamic ter­ror is over or near end, the war on Europe and war on Euro will be un­leashed very soon if the Euro­pean Union crum­bles. This is a fear that most of the EU states feel and ex­press in their pri­vate meet­ings. To­wards the mid­dle of this on­go­ing cen­tury, one has to see sea changes in the dy­nam­ics across Europe and Amer­ica. EU is fac­ing ma­jor ex­is­ten­tial threat. — Sialkot

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