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The only interesting part was this:

I think it is realistic to imagine a pan-European common market that includes the entire continent and also our Mediterranean neighbors.

SPIEGEL ONLINE: Are you trying to make us really afraid now?

Verheugen: On the contrary, I am thinking of your future. We are already in direct competition with economies such as China and India and in the near future Latin America. They are all much bigger than us and are continuing to grow dramatically. If we want to be competitive, we will need a larger European market.

SPIEGEL ONLINE: Together with Russia?

Verheugen: Absolutely.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Feb 10th, 2010 at 07:04:33 AM EST
[ Parent ]
Are you trying to make us really afraid now?

WTF?

They are afraid of a pan-European market?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Wed Feb 10th, 2010 at 07:14:07 AM EST
[ Parent ]
No, Russia.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Feb 10th, 2010 at 07:19:58 AM EST
[ Parent ]
Because of access to markets?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Wed Feb 10th, 2010 at 08:11:46 AM EST
[ Parent ]
does he mean we need to harness cheap tunisian, egyptian and algerian labour forces (and raw materials), get them to work for multinationals based in europe, and then resell them consumer goods as their wages gradually improve and their (reliably taxable) middle class flowers?

could work i guess...

with big enough solar sahara projects.

ultimately they will want to run their own white goods/armaments businesses, after they suss the intellectual property and 'management methods'.

in a perfect world, everyone gets a solar fridge and we move towards economic parity with our perennially impoverished (by euro standards) southern neighbours, who then don't die trying to boat across to mythical streets of gold.

how can we help people understand it's in their interest to spread the wealth?

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Wed Feb 10th, 2010 at 09:37:59 AM EST
[ Parent ]

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