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I read a 'real' book!
The United States of Europe iby T. Reid s a fascinating look at the emergence of Europe as the next economic superpower. It follows the economic recovery in Europe after WWII and the decision by europe to switch to a single currency. The immediate benefits to europe (no more need for costly exchange rates and business riks) are briefly discussed, but the author addresses the long-term global effects that have begun to take place. As the euro has strengthened, many good traditionally bougth in 'dollars' are now being paid for in euros because the euros has been more stable. There is a discussion of the number of US companies/products that are now owned by europe and the realistic need for american companies and the us govt. to start paying attention to this so that we don't lose our 'superpower' status.
I liked that the author was non-partisan and that he discussed the good and bad about both the United States economic policies and Europes. I found it to be an interesting read about the economic history of both nations (and europe really is becoming more and more one nation with diff. cultures/languages and one currency/economic policy).
For anyone with an interest in economics, it's a fascinating read!
kris
The United States of Europe iby T. Reid s a fascinating look at the emergence of Europe as the next economic superpower. It follows the economic recovery in Europe after WWII and the decision by europe to switch to a single currency. The immediate benefits to europe (no more need for costly exchange rates and business riks) are briefly discussed, but the author addresses the long-term global effects that have begun to take place. As the euro has strengthened, many good traditionally bougth in 'dollars' are now being paid for in euros because the euros has been more stable. There is a discussion of the number of US companies/products that are now owned by europe and the realistic need for american companies and the us govt. to start paying attention to this so that we don't lose our 'superpower' status.
I liked that the author was non-partisan and that he discussed the good and bad about both the United States economic policies and Europes. I found it to be an interesting read about the economic history of both nations (and europe really is becoming more and more one nation with diff. cultures/languages and one currency/economic policy).
For anyone with an interest in economics, it's a fascinating read!
kris
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