Quote:
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Quote by: Captain Chaos United States Vs. European Union
Who will win? |
U.S. stands for One United body.
E.U. stands for Many Separate bodies.
The Mitterand's idea was to create a mechanism that is going to become an "opposition" to American business in Europe (mainly), and around the world.
It has resultated in : "EU Parlament" , "EU Constitution" , "Euro" - as currency, ect.
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That very same "Euro" was used by French and Germans to undercut U.S. Dollar's position around the world, while both used "Euro" to pay Saddam for Iraqi oil. The only point French and Germans did not expect U.S. was going to take - as "countermeasure" - that U.S. would enter Iraq ever, in order to cut off that Frence-Germany-Saddam lucrative deal.
That was the reason France and Germany opposed so strong U.S. actions against Saddam - on U.N. and politicial arena, at least, since "Euro" was losing its position vs. U.S. Dollar. Besides, "Euro" is greatly overvalued, but that is yet another aspect.)
I believe that E.U. is not going to overcome U.S. Dollar position.
U.S. needs to maintain its top position in science and technology developement. That would be good enough to keep E.U. on a distance.
U.S. would attempt to re-gain some portions of European market, within post-Communist states. That would be sufficient too, especially since Russia is going to become the major oil provider - appx. 70-80% of market share (!), within 10 upcoming years, or so - for the whole Europe.
Politics is all about money, and not much (else) but money.