"If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow"
- John Bruton
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John Bruton's quote suggests that if the European Union (EU) and the United States (US) can collaborate to efficiently control financial markets, then other nations will follow suit. This indicates that the EU and US have a great deal of impact over the worldwide financial system, which their cooperation is essential for the stability of the marketplaces. It also recommends that the 2 powers have the potential to set a positive example for other countries to follow. By interacting, they can develop a unified system of guidelines that will benefit all countries involved. This might result in increased financial growth and stability, along with improved financier self-confidence. Eventually, this could result in a more prosperous worldwide economy.
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