Supranationalism Quotes
His predictions occurred much earlier than even he had thought that they would.
A decade after he made this observation, the external economic markets were not happy with the ways the Greek Government had handled the economy and the nation became insolvent. The IMF, World Bank and the other European nations bailed Greece out be making emergency loans, but then they imposed conditions on the Greek Government that was completely contrary to what the Greek politicians and the Greek voters wanted. The Greek national government had almost no control over their own economy.
He was one of the first to recognize this phenomenon. See the related quotes for others who were early observers of the coming changes.