As populist leaders in Europe gain in the effort to undermine the new globalist system of control that has become the European Union, the EU's figureheads begin to squirm and do what all schoolyard bullies do when their power is weakened -- they threaten.

Mario Draghi, European Central Financial institution president, has taken a thinly-veiled swipe at Brexit and populist lawmakers in Rome, saying separation from the EU would deprive companies and residents of departing member states of the facility to form the world financial order, reported The Financial Times.

We at CD Media do not know what 'the facility to form the world financial order' really means but it doesn't sound good.

Mr Draghi mentioned that whereas states would possibly achieve independence by quitting the 28 member union and going it alone, they’d be more likely to lose sovereignty as they’d now not be capable to management the course of globalisation.

“The EU . . . permits international locations to realize objectives that they might not realise alone,” the ECB president mentioned at a speech on the College of Bologna on Friday. “And the EU is in a position in flip to export a few of its requirements globally.”

Elites always believe they are in a better position to govern your life than you are. Seeing this view manifest itself in such an open and powerful way is truly shocking.