“Don’t Waste the Crisis!” German President Says

Posted by John Rosenthal

Die Krise nicht verschwenden!” — “Don’t Waste the Crisis!” This is the title of the speech given by German President Horst Köhler to the Munich Economic Summit last week. The speech is notable, above all, for the severity of its attack on international financial markets and the radicalism of its proposals for “subduing” the latter.

For a discussion and selected translated excerpts, see my new article on Pajamas Media here.

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