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American Prospects

A More Perfect European Union

January 28, 2013

As President Barack Obama embarks on his second term, he and many other global leaders hoping for economic recovery paid close attention to the recent speech given by British Prime Minister David Cameron about whether he would lead the UK out of the European Union. Europe is the largest trading partner with both the United States and China, so the continent?s recession and the restructuring of its basic institutions is no academic matter. What happens there affects the rest of the world.

Cameron's speech was disappointing for most, including no doubt the White House which had lobbied Cameron to maint

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