You said it better than I could. I would add that the EU is not standing still at all. It is making moves on a number of these fronts. Havens: The Irish/Dutch

You said it better than I could. I would add that the EU is not standing still at all. It is making moves on a number of these fronts. Havens: The Irish/Dutch loophole is being closed. Switzerland and Lichtenstein and others are coming under ever increasing scrutiny[1]. But you probably already know this. Space: ESA[2], Galileo[3]. Note that Galileo is a ESA project, which would be like NASA building/funding GPS. Civilian rather than military. [1] http://www.cnbc.com/id/100783858 http://www.cnbc.com/id/100783858 "Europe's Vanishing Tax Havens" [2] http://www.esa.int/About_Us/Welcome_to_ESA/ESA_history/Forty_years_of_the_ESA_Convention http://www.esa.int/About_Us/Welcome_to_ESA/ESA_history/Forty... [3] http://www.esa.int/Our_Activities/Navigation/The_future_-_Galileo/Why_Europe_needs_Galileo http://www.esa.int/Our_Activities/Navigation/The_future_-_Ga...