--- dredmond at efn.org wrote:
> Which is why this election is so important. Obama is
> no radical, but he
> does have the skills to convince the sovereign
> wealth funds of the
> semi-periphery, East Asia, and the Eurostate to
> finance an orderly, if
> painful, bailout. If the petro-fundies steal another
> election, the train
> goes over the cliff.
Dennis, it's time to drop the term "Eurostate". The EU states have openly declared their unwillingness to engage in any coordinated response to the crisis:
http://www.spiegel.de/international/business/0,1518,582072,00.html
The German political class has worked out a commitment to avert catastrophe in the case of HRE entirely independent of the EU:
http://www.spiegel.de/international/business/0,1518,582359,00.html
If you want to engage in mental contortions for supporting war criminal to-be Barack Obama, do so, but without appealing to a mythical, non-existent Eurostate.