Not at all. The article pointed out that Winston said at one point that we are in Europe but not of Europe. That Winston advocated a United States of Europe is beyond doubt. What he meant by the in Europe but not of Europe is open to question. He may well have thought we should be both in and of Europe.
Blimey - Winston is ours, stop lying about what he might have thought to suit your imperialistic dreams
in regards to the in europe but not of it After the First World War,Churchill had seen continental Europe as a source of threats and sought to avoid Britain's involvement in European conflicts. On 15 February 1930, Churchill commented in the American journal The Saturday Evening Post, that a "European Union" was possible between continental states, but without Britain's involvement: We see nothing but good and hope in a richer, freer, more contented European commonality. But we have our own dream and our own task. We are with Europe, but not of it. We are linked but not compromised. We are interested and associated but not absorbed.
I believe that it was the junk bonds sold as Triple A in the states that did it in for banks and investors. Nobody understood the trades, least of all regulators, regardless of independent or not. The only people who knew what was what were the ones who dreamt them up and 2-3 people who clocked what was happening and bet against the market to make a killing. The film the Big Short does a good job as a comedy drama of detailing it. TB
