Originally Posted by: richard 
In the wake of Rodney Leach's initiative yesterday, to have Boris Johnson today coming up with virtually the same agenda is not a coincidence.
This is part of the three-legged europhile strategy that we saw emerging last month as an antidote to euroscepticism and the "out" movement. We can call this the "Reform-Renegotiate-Scare" (RRS) strategy.
Johnson, like Leach, is running the Tory-inspired "renegotiate" leg, speaking at a Thomson Reuters "Newsmaker" event in London. He is another one pretending that Britain can renegotiate a relationship with the EU, this time with the idea that we could cut back our involvement to "the single market only".
View full article here Seems to me that what is exercising Boris is the prospect of the City losing Euro business. The French (Noyer) are making rude noises, but the real threat is perhaps Germany having now adopted the Euro as the new Deutschmark and their determination to handle all Euro business in Frankfurt.
That would fit with Germany's more than a century of playing beggar my neighbour with currencies, inflations and even the Weimar collapse - determined not to pay a penny of the Versailles settlement. Okay, I know you are laughing, but...
Germany was even more horribly humiliated after the 2nd World War, even by the Americans, who much prefer the Germans to the French (who doesn't?)
Max Kaiser says he has moved his programme base from Paris to London, because "Germany has declared war on London" and his expectation is that the City will be demolished within 18 months (I'll post the link if anyone wants it)
Both the US and Europe have been happy for 100 years to have all their currency dirty work offshored to London, but as Mervyn King reminds us "banks are global until they fail, then they are national." Boris and Dave want it every way - Euro corporate statism plus City criminal profits and supremacy. Boris is mumbling because he can't get his head round it.
Thank you Richard for the reform-renegotiate scare piece, which leaves my persistent mild depression intact. And for allowing me to air my mad theory.