Quote:
Originally Posted by Damien
So why are the Americans and ourselves pushing for it? Are they taking a different approach, looking for a loophole?
|
The Obama administration is ideologically wedded to the idea of a united Europe. In the UK, I think there are a couple of things going on with Cameron and Osborne. On the one hand, they want to be seen to be saying all the right things, to lessen the chances of us somehow getting the blame for all this when it finally goes belly up. On the other hand, I suspect they see a federal Eurozone as the UK's once-in-a-lifetime opportunity to achieve a relative loosening of our ties with the EU without us actually having to do very much, I.e. the UK stands still while the Euro-core marches boldly into ever closer union.