In No 10, there is a growing consensus that a referendum is now inevitable: the violent convulsions within the eurozone represent a clear and present danger not only to economic recovery in the UK but to the orthodox claim of the political class (or most of it) that membership of the EU is necessarily a good thing. My sense is that the voters — about 50 per cent — who wish to leave do so not because they regard the EU as big and scary but precisely the opposite: as it has grown in size, it has diminished in relevance. It is as naff as a malfunctioning Betamax recorder. The danger is not colonisation by Eurocrats and the treachery of British collaborateurs; the danger is the EU’s obsolescence.
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