[wickedsight]

> when push comes to shove the EU can force banks in the EU to uphold EU rules and regulations.

This made me realize that many people who are extremely critical of the power the EU has, have no idea how much that power is often protecting them.

This is not a dismissal of the fact that it's absolutely critical to stay vigilant about how that power is used. But it's quite clear that without that power, the US would've abused theirs way more within Europe.