Professor Otmar Issing was formerly chief economist at the European Central Bank, and when he speaks it is wise to listen. In an interview with a specialist journal, he describes the euro as “muddling through,” and makes a forecast about its future: “It cannot go on endlessly,” he says, “One day, the house of cards will collapse.” The currency was set up in such a way that rules and regulations cannot be observed. Bad governance is bailed out for ideological reasons. His argument gets a bit technical, to do with the monetary policies of the ECB. It is a remarkable coincidence that powerful members of parliament in Britain, as well as some of the usual chatterers are urging the government to do exactly what Professor Issing is criticising. These significant people want the government to devise some clever way of cancelling the Brexit referendum, and to hell with what the majority voted for. Professor Issing foresees disaster for those in the EU, the anti-Brexiteers foresee disaster for those out of the EU. It’s been many years since there was so intransigent a political divide.