Episode 453 • • 1:25:47 - 1:27:32
453: Haldol Dribbler
EU Banking Union, Single Supervisory Mechanism
European Commission President José Manuel Barroso is pushing for a "Single Supervisory Mechanism" (SSM) to centralize control of European banks in Brussels. This move is viewed as a step toward a full political and banking union within the EU. Critics argue this removes financial sovereignty from individual member states under the guise of crisis management.