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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (70057)	12/29/2010 6:03:10 AM
From: elmatador	Read Replies (1) \| Respond to of 218397

Euroland Moves From Tragedy to Farce: Here's the farce. All of this absorption with internal matters has reduced the importance of the EU in international affairs, exactly the opposite effect the Europhiles had anticipated closer union would produce. An internal EU report notes, "Europe is no longer the main strategic pre-occupation of U.S. foreign policy… The U.S. is increasingly looking to new partners to address old and new problems." Worse still, as the year ended the players in this farce squeezed in one more meeting, this one in Beijing. The show opened with a Greek tragedy and is closing with, well, a eurofarce. Greece found out it can't pay its creditors, Ireland thought it could but it couldn't, Portugal and Spain think they can, but they can't. And the Eurocracy responded with a farcical promise to set up an unspecified structure to raise an unspecified sum to pay an unspecified portion of those bills. Germany permitting. online.wsj.com