Quote:
Originally Posted by stillalive
New and vastly xpanded trade agreement between Russia and the EU to be ratified July 15th 2008.
Wishful thinking on your part, though the truth is, everybody is moving away from the US for fear of collapse of their economy-not unfounded.
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You seriously need to learn more about trade negotiations and tactics.
you might want to read this and see just what will happen. In other words, it is not a done deal. The question is which Europe will come? Will it be the same old Europe where only Germany, France, and Spain benefit while the smaller naitons do not, or will the so called New Europe which each member nation will have a say. Again, it is not set in stone and both sides need to compromise.
As for the US, the last trade deal was stopped by Congress, not by anyone else. Nor do I think you understand the resiliency of the US economy. I have heard the same doom and gloom tactics since 1980 when the Yen was 300 and appreciated to 100, in the 1990's when the Won (Korea) appreciated from 3000 to 1100, and now when the EEuro appreciated from 1.3 to .7. By 2010, it will be back in full swing even if Obama is President.