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FOr one thing, because trade with places like China, India, Africa, South America, and maybe even the US, might depend on the protective bubble and the discourse of liberal democratic institutions.

This means that opting to go America-free in terms of international commitments might by the same as becoming trade free regarding the level of external contact outside of the EU that currently exists.  Perhaps that's okay and even a desirable outcome, but it might behoove us to look first and see what kinds things that we do actually like in the world today might not exist were it not for the sizable commitment made to international institutions by the United States and that might then have to be replaced by someone else if the US was to reduce its provision (or capability) of providing them.  

At the very least, with the threat of expanding additions of carbon and greenhouse gases by non-OECD countries, a means of asserting and compelling international commitment outside of a narrow EU region are probably necessary for the well-being of the EU.  

by santiago on Sat Jul 11th, 2009 at 07:26:29 PM EST
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The US has been one of the biggest obstacles to global action on climate change. And it has been undermining international institutions which didn't just rubberstamp US actions. I seriously don't see the US as a stabilizing influence in international affairs.

The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.
by Migeru (migeru at eurotrib dot com) on Sat Jul 11th, 2009 at 07:32:57 PM EST
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The US has been an obstacle for the last 8 years, maybe.  On the other hand, Kyoto was brokered and almost entirely written by the US (Al Gore), the only country in the world to not eventually ratify itth -- go figure. (Which supports the thesis the German sociologist of imperialism, Karl Schmitt -- who has now been rediscovered by the left in that discipline.  His thesis was that you can tell who the true sovereign state is within an international system by looking at the one never seems to have to be held to its own rules for that system.)
by santiago on Sat Jul 11th, 2009 at 07:54:22 PM EST
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