Wednesday, May 12, 2010

Obama Saves Euro?

From here.

Okay, so if Obama went to a great deal of trouble to save the Euro . . . why?  What's in the Euro for us, long-term?

I love certain European countries, but to my mind a united Europe is like China . . . either a great friend or a great adversary or both.   A true European hegemony represents an unpredictable shift in the balance of power.   One can easily imagine a situation in the future where the ChiComs, self-interested Putin-esque authoritarian post-Soviets, and EuroSoc are in general agreement on some matter, and the United States stands alone (provided we don't follow the European socialist example).

Should that day come, we'll rue the day we saved the monetary tool that was meant to allow for a united Europe.

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