Not surprising! Winter is coming, and Washington democrat government cannot have the strong back that would be needed to endure an endless parade of showcase starving freezing Serbians coming into American homes on Christmas time TV, especially not before elections 2000. During Christmas time you must at least be able to say 'we did everything we could ...'. If I had been trick-or-treating around Pennsylvania avenue, I am not so sure whether I had chosen a Kevin Starr or a Milo mask. The 'Yugoslav problem' has now been transferred to 'European partners' who now have to eat the thick soup. And why try to solve THEIR problems, anyway? Appeasement Washington style ... when the car is heading for mud, help the idiots to push it in deeply, and afterwards let them drag it out again alone, while watching smilingly, and criticizing their style ... . Republicans would have the same way with Milosevic, in the current situation, wouldn't they? Or who was in charge during the deciding Iraq days?
Thanks for the gold link, but I do not dare an opinion. Only surprised that London still claims supremacy over Frankfurt - we had it they were already lost in the late 1970's, early 80's (pre-Falkland, that is to say), and only came back up to the water surface, when Germany was distracted by other problematic business after 1989, and Britain 'surprisingly' reemerged with technological/commercial boom in the 90's. That's what the news said, I was still to young to grasp what 'stock exchange' means. No, there is one thing I think I can say as a global judgement: Europeans are not united well enough to wage any kind of economic war seriously, even if low-scale, cold-war style, or hidden, especially against the US. And Anti-American sentiment, or consideration of own interest if opposed to US is simply out of fashion. As I tried to communicate in the last post, the strongest 'anti-Americanism' we are capable of is a moment now and then in which people think 'the US are REALLY our best buddy, aren't they?' Compare it to maturing love among insecure youth ... if it came out that 'maybe they aren't, after all', then we would focus all our energy and set out to reform ourselves, to become even more loveable! Additionally, stabilizing a 'Wall Street Bubble' as the author says, even if it were partly on our own cost, seems surely a more profitable option than bursting it (assuming it could be done at all) and watch an ensuing American crisis drag down Europe like 1929 etc. As a result I suggest that the combined gold reserves of the European Central Banks maybe just enough to hold home-grown instability at bay, and even if they are considerably higher than the Fed's, their concerted control is less secure.
Regards MNI. |