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Okay, the hypothetical scenario is this (plausible or no, for the sake of discussion let's just accept it):

The CSA wins the ACW, or at least survives, but the USA is crippled due to intervention by the British/French blah, blah, cliched scenario. Whatever your reason, lets just assume that in the middle of the 19th Century, events unfold which cause the USA to lose much of its credibility as a nation, and it's power projection capabilties.

So what becomes of the Monroe Doctrine? We know that this doctrine, while not *official* policy, was implemented, particularly during the Venezuela Crisis (I believe it was cited somewhere during the Spanish-American War as well, though I'm not sure about that).

With the absence of any hinderance, save for the nations themselves, does Europe start to interfere in the activities of Latin America again? What becomes more important, colonising Africa and Asia, or dominating (not reconquering) the Americas? Or will Europe ignore it completely?
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