Our history is that we can very aggressively, if necessary, and openly and democratically discuss our differences. We have a democratic history in which we come together and vote on these things.
For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures.

