One aspect of the French/Dutch rejection of the European Union constitution has not been examined in depth, and that is its impact on world politics. The Euro and other elements of European economic integration may remain stable, but political integration has been short-circulated. What happens, meanwhile, to the EU as a counter to the US and its unilateralism? The first major setback for this anti-US grouping, EU, Russia and China included, was the reelection of Bush. Managing a nation-state is difficult enough, and one grand European behemoth looks a hopelessly Utopian enterprise. The impact on India will not be telling, because the government has not tilted in any way in favour of Europe and against America, and that was the whole point of the French anger at Air India for buying Boeing and not Airbus. Thank God for us that we did not listen to those who wanted us to play off the Europeans against the Americans. More and more, this looks like another American century. The limits of bloc politics has been reached. There looks no organising principle above a nation state that will succeed.