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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.33

+0.7%

Nov 18 4:00 PM EST

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To: dybdahl who wrote (61943)	3/14/2010 4:23:14 PM
From: energyplay	Read Replies (2) of 217860

In the situation you describe, it would not be surprising that the first beneficiaries of a more integrated Europe are organizations that export to Europe from Japan, China, and Americas. One of the problems with Common Market of the 1960s was that US firms moved quickly to sell in multiple countries, since they all looked the same from a US view - the language and currency barriers existed for every country. One result of the faster adaption to the Common Market by the US was a sense of panic in European business, as seen a number of books, most notably "The American Challenge" (Le Defi Americain)- In which the Yanks have this mysterious power called "management" which allows them to win in every situation - (not just a low cost of capital and some economies of scale) en.wikipedia.org The title reused in a book about the China Challenge - project-syndicate.org >>> Will Europe need to wait for the next generation to take advantage of the new opportunities ? That's not good.

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