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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: chomolungma who wrote (68271)3/5/2003 12:39:52 PM
From: Sun Tzu  Read Replies (1) of 70976
 
I read a different analysis. It said the long term costs of disagreeing with US are even higher. So it is not strictly dollars and cents. Rather the author believed it is the perception of US as the bully which makes Europe not want to let Bush get away with it. They fear that as the only superpower standing, US is prone to abuse its position, especially under Bush. So they'd rather stand firm before it becomes a big trend. Unilateral discard of international treaties went a long way towards setting this view, as did the "if you are not with us you are against us" policy.
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