The realpolitik of the situation: you can only really have an alliance among equals and its foolish to believe otherwise with a massive power imbalance (I doubt the cultural boundaries in Europe will aid this endeavor for some kind of unified security umbrella, when unification of the sovereign euro debt markets has remained illusive as represented by the spreads). It's clear that the post wwii era where the US willingly funds everything under the sun ex-stateside without clear equivalent concessions that can be sold politically to the stateside is over for now.
I'm hopeful that it will create a more robust governance systems on the local level in the long run, but not without more short term pain (after all, there were a lot of non-stateside mouths being fed who will have to figure out realistic alternatives and face once unpalatable choices that will need to be made out of necessity).
I'm hopeful that it will create a more robust governance systems on the local level in the long run, but not without more short term pain (after all, there were a lot of non-stateside mouths being fed who will have to figure out realistic alternatives and face once unpalatable choices that will need to be made out of necessity).