Gordon Brown barges around trying to bluff everyone into his crackpot scheme for a Global Bargain. Of course the Chinese, the Americans and others tell him to get knotted, for they know what it means: a loss of Sovereignty.
With his bubble pricked, he then concedes the entire party - he gives away Sovereignty to the EU of all entities to manage our financial markets.
The Devil blasts him with a suitably vigourous torrent here.
This, in effect, will give the EU de facto control over UK monetary policy - by hook or by crook. Do not underestimate the determination, the creeping infestation. This will be the Euro via the back door. The Pound will be pegged soon enough and the Treason will be complete.