Fri Apr 3rd, 2009 at 09:50:16 AM EST
Seriously, when are you Europeans going to wake up and smell the coffee? Until Europe joins together in a federal system, handing over state power to a central government with the power to extract taxes, run a single foreign policy, fund a military system, define Europe-wide laws, institute a single language, and allow completely free labor migration (not to mention a bunch of other things), you guys are toast.
[editor's note, by Migeru]
[Europe's Toast Watch!™ Technology]
Russia (oil & gas) and Africa (nuclear fuel) supply your energy because you can't agree between conservation, renewables, nukes, or fossil supplies as a source. Your divergent economic policies prevent the Euro from becoming a reserve currency. You cower under the protection of the U.S. military establishment because each of your states has a different idea of what sort of defense is needed. You suffer from an economic crisis that is, you say, not your fault, but you didn't have continent-wide regulations in place on your side to prevent it.
You will be left in the dust, as Khrushchev put it.
Seriously, I have no opinion on this matter, but I have not seen a good debate about it on ET, either...