The only question left is, just how big will Tony Blair's mistake turn out to be?

If you've been following the news, you know Blair just set the UK's political scene -- and perhaps his own future -- into a steep, descending spin.

Blair has always fought on the side of deeper European integration. That's why he was against having a referendum on the new EU Constitution. He knew the British people would probably say no to it. Now suddenly, Blair's on the other side calling for a referendum. And, nobody -- friend or foe -- knows what to think about it Read about it here.

Here's the problem: If the British people vote the way expected -- against the Constitution, the UK's favored position among the leaders at the helm of the EU will be lost. In fact, the EU, as we know it, may cease to exist. That's because some of the other big nations -- such as France and Germany -- may go ahead with deeper integration anyway Read about it here.

As I said, Blair just set the UK -- and perhaps the entire EU -- spinning to the crossroads. And, no one knows if things will be recoverable before hitting the ground.

Stay tuned!