European tries to balance the books.
Like Japan, Korea - Europeans are very "nationalist", but build a VAST foreign network selling HIGHER VALUE ADDED <versus material, energy used to gain the surplus to pay for the material importation needs>.
It's RATHER LOGICAL for them, a core coalition of powerful medium sized nations with 55 to 100 million people each. <Germany, France & Italy>.
This post was edited by greendragon at 2014-2-13 12:01
The AMERICAN can afford to TAKE THE RISK and use CAPITAL MARKETS & foreign Investment to pay for OVERSIZED consumption.
But EUROPEANS are in constant search for material and energy. They have to PARTICIPATE with the GLOBAL MARKET especially those states which can EXPORT MATERIAL, ENERGY to their own country. All kind of methods is employed to build a VESTED interest lobby in foreign countries.
The SWISS personifies this EUROPEAN, "Shoot the Apple" accuracy in "hiding resources needs via POPULAR vested interest networks". The Europeans balances their books well, but possess an extra arrow if all else fails.