> So the EU is refusing a bailout for Eastern Europe, and the ECB is still
> hanging pretty tough. I dunno, Dennis Redmond - the EU isn't really looking
> like it has what it takes to be the next hegemon. It sounds like the last
> bastion of the austere POV that Keynes mocked as "the Treasury view."
>
> Doug
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
Haha, the EU being the next hegemon? Who the hell said this? The EU always was, and still is, a bunch of antagonistic powers with no set agenda who's only shared goal is to prevent destroying each other and doing so through one of the most false cultural integrations the planet has ever seen (show me one EU "citizen" who flies an EU flag above their house voluntarily and I'll give you a big prize). Don't get me wrong, I love the setup, if only more would conform... but a power able to make unilateral decisions... ha!