David McWilliams: Money-sucking Anglo is our financial Stalingrad
ON November 24, 1942, General Von Paulus of the German 6th Army, bunkered down in Stalingrad, received the order he was dreading. Instead of the retreat that he was planning, the orders from Berlin stated simply that "Fortress Stalingrad" was to be held "whatever the circumstances".
The general knew the game was up. The army was nearly encircled. There was one last chance of a breakout which could save hundreds of thousands of men and machinery that could be used to fight another day.
He knew there would be another day and Germany could ill afford to waste another penny or lose another life or commit another tank to Stalingrad. But the party bosses in Berlin were worried about the systemic impact of a defeat in Stalingrad. Having promised that victory was "just around the corner" and having assured people that they knew what they were doing and that there was "no alternative", how could they admit defeat now?
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