A Quote by Angela Merkel

I come from a country in which I experienced economic collapse. — © Angela Merkel
I come from a country in which I experienced economic collapse.
The plague did not lead to Europe’s economic collapse. Rather, Europe’s currency-driven economic collapse led to the plague.
Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.
Historians will likely give Obama credit for steering the country away from the brink of economic collapse in 2009.
After the demise of the Soviet Union, we had many problems of our own for which no one was responsible but ourselves: the economic downfall, the collapse of the welfare system, the separatism, and of course the terror attacks that shook our country. In this respect, we do not have to look for guilty parties abroad.
It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported
The collapse of the administration's rationales for war, which became apparent months after our invasion, should never have come as such a surprise. In this case, the 'liberal media' didn't live up to its reputation. If it had, the country would have been better served.
A United States collapse would be much different than a Greece collapse. Greece can collapse, and there's a ripple. We collapse, and the world feels it.
Cyprus was a breath away from economic collapse. It was a big battle in which we came out wounded, but upright and determined to make a fresh start.
The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath.
I have experienced racism in this country. My children have experienced racism in this country. I wouldn't say America is against me. It is not an either/or proposition. But there are some people who hold fast to certain religious beliefs.
I think there's going to be a tug of war in this country over who are the real patriots because at a time of national crisis, economic collapse and calamity, ecological peril and social dislocation, the American people deserve to be a partner to the American government.
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
Tunisia is extremely dependent on economic conditions in Europe, which is why it also experienced shockwaves from the euro crisis.
The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the intellectual edifice of economic theory on which they were relying.
We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.
Our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction of humanity's use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it's not the laws of nature
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