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Classic Video: Margaret Thatcher On The Euro And 'Federal Europe' In 1990

As the eurozone spins out of control and Britain considers leaving the European Union, this is a good time to recall some of the debates that led up to the current mess. Here's Margaret Thatcherbeing extraordinarily prescient about the common currency and European integration.

It's safe to say that many in Britain are glad that Thatcher and her intellectual successors opposed "a federal Europe" -- and that a growing number of Italians, Greeks and Spaniards wish they'd had Thatchers of their own.

 

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