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I cannot see Europe becoming the new third world in a hundred years, the economies of Northern Europe are thriving. It is true that some economies within the zone are not thriving, as we all know. This problem will be fixed in time, one way or the other, then the EU could soar along with the four new biggies on the global block that Mark mentions there.
The Chinese own MG for example..so they are chasing our longheld manufacturing expertise in car making, so harmonising enterprise like that will be the way forward. We cannot compete though in many ways directly, their currency is artificially low and they can sell vast quantities of almost everything at lower prices than can be produced elsewhere, cetainly at lower prices than the EU can manage. But with our own specialist expertise we should seek to work in harmony with them. There is a Human Rights issue but it should be done alongside them, from within, rather than take a lecturing tone which accomplishes nothing.
Just to interject football into the debate. This very same thing was responsible for our total embarassing failure in securing the World Cup. We were outside the loop. We sent all the bigwigs along at the last moment, adopted a certain tone, but everyone turned their noses up at our smug representation. We werent insiders, we werent one of the guys in the backroom. A new philosophy was put forward after that ie..join in, be part of the daily team, changes come about that way. Not by lecturing from outside the loop.