Execution Day?

Today, the French hold the future of their nation, and quite possibly the future of Europe, in their hands. Today, they vote in a referundum on the new EU constitution. The "NON" campaign, in which blogs have played a large part, looks like it is going to come out victorious. (Just as a by the way. The "OUI" campaign used the argument that if the French voted no it would make the British happy. Is this xenophobic attitude the sort of thing we want in the civilized world?) The question is, what would this mean? It may mean many things: It could be the end of the new EU constitution, which would almost certainly mean the death of the EU, as the old constitution needs replacing soon. This would mean that Europe would lose a lot of its power and influence, and that they would be replaced as the second most powerful political entity by Japan and China. It could also put paid to any plans of a public referendum in this country as Blair may decide that it is to big a risk to give this sort of power to the people.
The real question is: Would a French NO vote be the death knell of Europe?
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