Yoshie wrote:
> Now that the Cold War is over and Russia is no
> longer under theCommunist Party rule, why don't the
> European power elites come up witha new EU security
> framework that would allow them to take
> equaldistance from Moscow and Washington or (what
> would be moreinteresting) to get closer to Moscow
> and more distant from Washington?
> Why do they still accept their subordinate -- and
> often thankless --role?
"European firms account for 70% of direct investment in the U.S. The UK is the largest single foreign investor in the U.S., with some $252 billion invested (16% of the total stock of foreign direct investment in the U.S.) Asia and the Pacific firms had the next highest level of investment in the U.S., at approximately $219 billion (14% of U.S. investment). Japanese investors account for 12% of foreign direct investment in the U.S., and rank second to the UK. The Netherlands, followed closely by Germany and then France, hold the next biggest positions."
source: <http://http://www.state.gov/r/pa/prs/ps/2006/63553.htm>
I hate to be so crudely vulgar Marxist, but as our list moderator is fond of quoting Robert Fitch to the effect that Vulgar Marxism explains most things in the world...
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