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Archive for 10. Januar 2016

Buchpräsentation „Dem Alter begegnen“

Posted by hkarner - 10. Januar 2016

 

DAB Buchpräsentation
www.demalterbegegnen.at

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Sant’Angela – eine Kanzlerin aus Deutschland auf dem Weg zur Heiligsprechung

Posted by hkarner - 10. Januar 2016

Gero Jenner, 10-1-2016Jenner

(aktualisiertes Original unter: http://www.gerojenner.com/portal/gerojenner.com/SantAngela_-_eine_deutsche_Kanzlerin_auf_dem_Weg_zur_Heiligsprechung.html)

Als ausgebildete Chemikerin hat sich Angela Merkel frühzeitig jenen Sinn für klares Denken und logisch überzeugende Lösungen angeeignet, der unter Politikern eher eine Seltenheit ist. Entsprechend trat sie in der Kanzlerwahl von 2005 mit einem Programm hervor, vorgeschlagen von dem ehemaligen Verfassungsrichter Paul Kirchhof, das eine längst überfällige Reform am Wildwuchs des deutschen Steuersystems propagierte. Bei dieser Gelegenheit musste Frau Merkel allerdings schmerzlich erleben, wie leicht es für einen entschlossenen politischen Gegner ist, auch die besten Absichten ins Lächerliche zu verkehren. Ihre Bereitschaft zur Reform auf Grundlage vernünftiger Einsicht hätte sie damals fast den Sieg über Gerhard Schröder gekostet.

Ihr Weg, gesäumt von politischen Leichen

Mit erstaunlicher Schnelligkeit hat die frisch gebackene Kanzlerin damals aus der Beinahe-Niederlage eine sie prägende politische Lehre gezogen: Auf der Bühne der Politik ist mit Vernunft allein kein Staat zu machen. In kürzester Zeit entwickelte sie sich zu einer Pragmatikerin der Macht. Mit einem erstaunlichen Scharfblick der Menschenkenntnis begabt, verlieh sie ihrer ansonsten milden Herrschaft sehr bald einen männermordenden Beigeschmack: Niemand verstand es so gut wie der neue Politstar aus der ehemaligen DDR, ohne viel Aufsehens und sogar ohne den Anschein ernster Betroffenheit ihre – meist männlichen – Gegner oder Machtrivalen still zu entsorgen, sie ins politische Abseits oder zumindest in eine untergeordnete Stellung zu drängen. Helmut Kohl, Laurenz Meyer, Wolfgang Schäuble, Friedrich Merz, Edmund Stoiber, Günther Oettinger, Roland Koch, Christian Wulff und nicht zuletzt die gegnerische Partei SPD gehörten zu ihren Opfern. Den Rest des Beitrags lesen »

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As Growth Slows, China’s Era of Easy Choices Is Over

Posted by hkarner - 10. Januar 2016

Date: 09-01-2016
Source: The Wall Street Journal

Swelling debt levels, bloated state companies and aversion to market forces pose risks for Beijing

china steady slideBEIJING—China has pulled hundreds of millions of people from poverty, supercharged its economy and burnished the pride of a nation that stood weak and isolated only decades ago.

But swelling levels of debt, bloated state companies and an overall aversion to market forces are swamping the world’s second-largest economy, threatening to derail China’s ascent to the ranks of rich countries.

As Beijing battles another bout of stock-market turmoil—and global markets shudder in response—the risks of doing nothing about these deep-seated problems are rising, economists said. Without a change in course, they said, China faces a period of low growth, crimped worker productivity and stagnating household wealth. It’s a condition known as “the middle-income trap.”

“The era of easy growth is over,” said Victor Shih, professor at the University of California-San Diego. “It’s increasingly about difficult choices.”

Some economists don’t rule out an abrupt drop in growth, a hard landing that would see bad debts soar, consumer confidence tank, the Chinese yuan plunge, unemployment spiral and growth crater. Den Rest des Beitrags lesen »

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European Solidarity In a World of Crises

Posted by hkarner - 10. Januar 2016

Photo of Jean-Claude JunckerIn part denying reality! (hfk)

Jean-Claude Juncker

Jean-Claude Juncker is President of the European Commission.

JAN 8, 2016, Project Syndicate

BRUSSELS – The end of the year is always a time for taking stock. At the end of 2015, we could look back on a year when European solidarity – at the risk of sounding overly dramatic – withstood what may have been the greatest trials it has faced since the end of World War II.

European solidarity was severely tested through much of the year by the Greek crisis – the economic and social impacts of which continue to be felt in the eurozone and throughout the European Union. From the start of the year, the talks on Greece tried the patience of us all. Much time and trust were lost. Bridges were burned. Words were spoken that cannot easily be taken back. We saw Europe’s democracies being played against one another.

Collectively, Europe looked into the abyss. And it was only when we were at the brink that we were able to step back. In the end, the EU’s member states stood by Greece, commitments were made, implemented and adhered to, and a new program is now in place. European solidarity prevailed, and trust has started to recover. The key now will be delivery on reforms, and the European Commission continues to support Greece’s side with a new Structural Reform Support Service, as well as by providing technical assistance at every step of what is still a long journey. Den Rest des Beitrags lesen »

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Event Of The Year 2015 In Greece: The Bank Recapitalization!

Posted by hkarner - 10. Januar 2016

Thursday, January 7, 2016, Observing Greece Kastner

For those who have already forgotten about the recent recapitalization of the four large Greek banks, here is a very informative summary. 2015 was full of major and unique events in Greece. To me, the bank recapitalization was arguably the most significant one. Not because it was implemented so flawlessly; not because it was so successful. No! I consider it as the most significant event for the simple reason that what happened there was so absolutely unbelievable. So unbelievable that it may not even have dawned yet on many people what actually happened there.

Think back 5 years to the beginning of the crisis. Imagine that a consortium of top-tier European banks would have made a proposal to acquire a majority of the four large Greek banks as part of an effort to stabilize the Greek banking system. Finally, imagine that those banks would have offered top Euro for the shares of those banks (and in those days, those shares were still quite valuable).

There would have been an outcry of public fury in Greece. Foregoing control over the domestic banking sector in favor of foreign banks? Having future policy decisions being made by foreign investors abroad? Such an outcry would have happened in most other countries where something like that would have happened as well. The banking sector is always a very sensitive sector of the economy and no one really wants to forego domestic control. Den Rest des Beitrags lesen »

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