Thursday, July 22, 2010

Brainstorming on world systemics: The US+EU scenario

US-EU Single Market or merger scenario (Medium Term, at best):

In a world of 7 bn with China 1.3 & India 1.2, the US has not enough size (eg internal
market) to compete or have autarky. Even with Canada.

The EU has less of a size problem (0.5 bn) but its Internal Market not working well (one of the barriers: 20+ languages) and still it is not large enough!

But an US+EU of 0.8 bn (possibly plus Canada) have enough size-population,
resources & compatibility (in prices, costs, various standards, in spite their differences) to be 1 of the 3-4 major entities in world stage later in this century.

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BRs
Nick

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