Sadly, the level of discourse in other countries seems to be equally thin. The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
And we'll be getting the same old narrative as before.
Outlook for 2010: German Economy on Brink of Radical Restructuring - SPIEGEL ONLINE - News - International
The German economy coped astonishingly well with the global crisis in 2009. But in 2010 it will need to lay the foundations for a radical restructuring if it wants to cope with chronic overcapacity in its aging industries and fend off powerful new competitors from China and India. Does the country need a new business model? SPIEGEL provides an outlook for 2010.
The contradictory start is pretty standard for neolib propaganda in Germany for two decades (in fact one of the first discrepancies with reality that caught my eye and got my ire against neoliberalism a decade ago): they first acknowledge the failure of previous predictions of doom and gloom, but rather than attempt to explain it, they go on to predict that now is really the time for doom and gloom...
...and they start with some greenwashing: the title is followed by a photo of an off-shore wind farm. *Lunatic*, n. One whose delusions are out of fashion.
