Nobody in Europe will be abandoned. Nobody in Europe will be excluded. Europe only succeeds if we work together.
Angela MerkelRead
I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth.
Interpretation
Angela Merkel emphasizes caution regarding monetary policy and the risks of unsustainable economic growth.
In this quote, Angela Merkel articulates a critical perspective on economic management, suggesting that the current financial crisis is not due to a shortage of money but is rather a result of excessive monetary expansion that generated growth that ultimately could not be sustained. Her statement calls for a reevaluation of fiscal policies, highlighting the importance of sustainable economic practices over short-term monetary solutions.
In practice
This quote can be used in a discussion about financial policy reforms at a conference on economics.
Nobody in Europe will be abandoned. Nobody in Europe will be excluded. Europe only succeeds if we work together.
Let us answer the terrorists by living our values with courage.
It certainly is dangerous that there are only a few clubs left in Europe that can afford to pay millions. At the end of the day however, the spectators decide the rates of pay - by watching the games and consuming the goods and services advertised on sports TV programmes.
In many regions, war and terror prevail. States disintegrate. For many years, we have read about this. We have heard about it. We have seen it on TV. But we had not yet sufficiently understood that what happens in Aleppo and Mosul can affect Essen or Stuttgart. We have to face that now.
We need... to say to people that this is a temporary residential status, and we expect that, once there is peace in Syria again, once IS has been defeated in Iraq, that you go back to your home country with the knowledge that you have gained.
During the course of 1989, more and more East Germans lost their fears of the state's repression and chicanery and went out on the streets. There was no turning back then. It is thanks to their courage the Wall was opened.
One-sided national economic triumphs cannot be achieved in the increasingly interwoven global economy without precipitating calamitous consequences for everyone.
People stop buying things, and that is how you turn a slowdown into a recession.
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.
Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers.
The rich have markets, the poor have bureaucrats.
The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market keeps economic power widely dispersed.
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