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Curated by Project Syndicate

Germany’s Gathering Storm

5 commentaries

 The ground is shaking beneath Chancellor Angela Merkel, with the far-right Alternative für Deutschland now in the Bundestag and the Social Democrats determined not to join a new grand coalition. Merkel now faces the thorny task of forming a government with the Greens and the Free Democrats as she starts to address the problems of a domestic economy grown complacent, and a Europe desperate for renewal.

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  1. rpersaud15_Danny Lawson - WPA PoolGetty Images_prince philip Danny Lawson - WPA Pool/Getty Images

    A Requiem for the Stiff Upper Lip

    Raj Persaud & Adrian Furnham

    With the passing of Prince Philip on April 9, the United Kingdom may have lost its last exponent of the stoic attitude that has defined so much of its modern history. Nonetheless, other cultures have picked up the baton, and modern society will always have a need for those who excel at keeping calm and carrying on. 

    wonder if Prince Philip's signature stoicism still has a place in contemporary society.
    1
  2. op_schauble6_YANNSCHREIBERAFPviaGettyImages_ecbcovid Yann Schreiber/AFP via Getty Images

    Are We Risking a Debt Pandemic?

    Wolfgang Schäuble

    Even in a crisis as grave as the COVID-19 pandemic, money is not a panacea, and borrowing makes sense only if it is carried out prudently and reasonably. Otherwise, states will jeopardize their long-term financial flexibility, price stability, and competitiveness.

    worries that monetization of pandemic-related government borrowing will boost inflation and erode competitiveness.
    8

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