Angela Merkel’s Best Foot Forward

Angela Merkel sets an ambitious and optimistic note in her opening speech, going back to the ‘postwar reconstruction’ theme raised in her election campaign. Fine words, and why not, but unfortunately it will need more than good intentions to get to grips with Germany’s present day problems:

Angela Merkel on Wednesday called for a “second reconstruction” of Germany, by recalling the efforts deployed to rebuild war-torn Germany in the 1950s and reconstruct the former Communist east after reunification, in her eagerly-awaited first speech to parliament as chancellor.

“This land has great possibilities – Germany is full of opportunities,” Ms Merkel told the house. “I am looking forward to unleashing this dormant energy.”

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About Edward Hugh

Edward 'the bonobo is a Catalan economist of British extraction. After being born, brought-up and educated in the United Kingdom, Edward subsequently settled in Barcelona where he has now lived for over 15 years. As a consequence Edward considers himself to be "Catalan by adoption". He has also to some extent been "adopted by Catalonia", since throughout the current economic crisis he has been a constant voice on TV, radio and in the press arguing in favor of the need for some kind of internal devaluation if Spain wants to stay inside the Euro. By inclination he is a macro economist, but his obsession with trying to understand the economic impact of demographic changes has often taken him far from home, off and away from the more tranquil and placid pastures of the dismal science, into the bracken and thicket of demography, anthropology, biology, sociology and systems theory. All of which has lead him to ask himself whether Thomas Wolfe was not in fact right when he asserted that the fact of the matter is "you can never go home again".