Tag: Germany

Sociology2

The Far Right Threatens the Unity of Germany, and the West

Colin Henderson

The Far Right Sept. 4, 2024 By Serge Schmemann Editorial Board Member Historical memory is bound to shape the first reaction to the powerful showing of a far-right party in two German state elections on Sunday. Nonetheless, there is nothing specifically German in the appeal of populism and extremism, especially among populations confused and threatened by a complex, unstable and vaguely threatening world. It’s endemic in the former Soviet satellites, but familiar, too, in the most venerable democracies. It was populism and extremism that won in Sunday’s elections in the neighboring states of Thuringia and Saxony, both in what was formerly … Continue reading The Far Right Threatens the Unity of Germany, and the West

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Transcript: FT interview with Taro Aso | G20

Colin Henderson

The FT is interviewing many of the G20 leaders this week.  Taro Aso of Japan makes a point here that is, so far, lost on the other leaders.  He is reflecting on the Japanese bubble of 1989, exemplified by a drop in land prices of 87%. He makes the point that dropping interest rates to zero will not bring back investment by itself while people and businesses are pre-occupied with reducing debt. Transcript: FT interview with Taro Aso | Financial Times It was back in [the early 1990s] that the Japanese bubble economy collapsed. At that time, land prices in … Continue reading Transcript: FT interview with Taro Aso | G20