What about when the Euros sell our designs from their US acquisitions to China or refuse to supply parts because we didn't get UN approval for defending ourselves?
Personally I think these deals were made to persuade the Euros from their position of trading with China. If that is true now we live in a world where the EU can have there way just by taking outrageous positions.
The trends in this article are quite chilling, particularly the business of BAE. That firm needs to be bought out. DO not forget that BEA is a major stockholder in Airbus.
We need to get over this notion that the Euros are our "allies," and that includes the UK. If labor wins again, and they find a way to dump Blair, it will be a whole other kettle of fish.