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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 |
