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Dubya arrives in Europe
amidst high security to schmooze everybody in sight; even his
"Old Europe" enemies like Chirac and Schroeder. He goes
so far as to host a private dinner for Jacques Chirac - were "Chicken
Frenchies" and "Freedom Fries" on the menu? Great
divisions still exist between the two continental powers; not
least the issue of China. China is single handedly supporting
the US Dollar by investing heavily in US bonds; a situation which
happily keeps Bush's bankrupt economy above water. Meanwhile,
the EU has expressed an intention to remove the 15-year-old sanctions
on arms sales to China, opening up the possibility of greater
trade with the emerging giant. This might mean Chinese investments
shifting away from the US and into the coffers of Europe. That
wouldn't play too well with Wall Street. Is this why Uncle Dubya
is so friendly? Will Chirac share a fry or two? Or would he prefer
Chinese?
The Guardian; Tuesday
22/2/05
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