The Almighty Euro

How much help do you give to someone who in the past has considered you an enemy and who could be your enemy one day in the future? That’s the fundamental question vis-à-vis supplying China with sophisticated weapons systems. The US says you don’t give a loaded gun to someone whose past is checkered and whose future intentions toward you are uncertain. Europe – mainly France and Germany – say you do so as his money is good and the future is far away.

I think the US is right in taking a conservative position. What say you?