If the U.S can live with a strong European Union and European common market, there is no reason why a similar Latin American and Caribbean body should be a problem.
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With their recently formed alliance AXA and Permira are hoping to merge Opodo with Go Voyages and eDreams to create a proper European rival to Orbitz and Expedia, two American firms which are the market leaders.
Subscription mobile TV hasn't been a stellar performer in any American or European market, and it's entirely possible that Verizon would consider letting its data network shoulder the video burden going forward -- especially as LTE comes to fruition.
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While the European, American and Korean car makers have all gained market share in 2012 at the expense of their Japanese counterparts, the biggest beneficiary in the long term may be Chinese companies.
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Flemings excels at selling emerging-market equities to American and European investors, but offers little else.
It isn't just that subsidised exports lower prices in international markets: even in its home market, dumped American and European goods are undercutting South African produce.
The Japanese market is the most advanced in vehicle navigation, followed by the European market and then, last, with a couple of years to catch up, is the North American market.
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"The Japanese market tends to be more inefficient than the American and European markets, " says Jean-Marie Eveillard, who manages several First Eagle funds.
Several of the inconsistencies and trading contradictions that Cramer perceives in the markets include the price of oil, the stabilization of the euro, the fact that European banks remain high despite financial problems, the price of gold, the stabilization of copper prices, and the fact that American companies doing business in European have not seen much weakness in the stock market.
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In the high-yield bit of the market, American bonds returned -5.2% in the third quarter and European bonds -10%.
The Australian and European success at exporting leaves American producers, which loom increasingly large in the domestic U.S. market, still a minor factor abroad.
And they've already added so-called "high-end" earplugs to their lineup, from an American company called Ear Peace, which is trying to break into the European market, with Torremocha and Stark as new sales representatives.
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