A Quote by Christine Lagarde

Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all. — © Christine Lagarde
Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.
I can't take anything off the table. Because you look at some of these countries, you look at North Korea, we're doing nothing there. China should solve that problem for us. China should go into North Korea. China is totally powerful as it relates to North Korea.
If you go to go to countries in Europe or Asia or even Canada, even with all the Internet and cable TV and satellite, public systems tend to be the most popular stations in the countries. In some countries like Norway and Germany, public stations are, if anything, more popular than ever as people see what Rupert Murdoch's got in store for them in the commercial stations.
What you need to know about North Korea is that it's not like other countries like Iran or Cuba. In those countries, you have some kind of understanding that they are abnormal, they are isolated and the people are not safe. But North Korea has been so completely purged from the rest of the world, it's literally a Hermit Kingdom.
Countries with fiscal space should invest in physical and social infrastructure to raise potential growth.
If there's any country that has the capacity not to control North Korea, but to influence North Korea, it's still China. The Chinese always say they have very little influence. They have more than they say they do. We should put pressure on them to do it and there's finally, we're seeing the first signs of a little bit of Chinese disaffection. At some point they're getting tired of the antics of this country. This is a dangerous ally for China to have. And the more Chinese can pressure them and put the economic screws on them, the better it will be for everybody.
China should go into North Korea. China is totally powerful as it relates to North Korea.
I know this is economic jargon, but essentially, if you bring more women to the job market, you create value, it makes economic sense, and growth is improved. There are countries where it's almost a no-brainer: Korea, Japan, soon to be China, certainly Germany, Italy. Why? Because they have an aging population.
The solution to North Korea is the reunification of the Korean Peninsula. China could influence the North; it supplies 80 to 90 percent of North Korea's energy. The United States have to put pressure on China in order for China to pressure North Korea.
Additionally, I will be respectfully asking countries, such as Germany, Japan, South Korea, Saudi Arabia, to pay more for the tremendous security we provide them.
To be sure, China is nowhere as powerful as the U.S., but it has acquired the ability to impose its will on individual nations around the world. From Australia to Germany, South Africa to South Korea, political leaders are careful not to rub China the wrong way.
Some European countries insist on saying that during World War II, Hitler burned millions of Jews and put them in concentration camps. Any historian, commentator or scientist who doubts that is taken to prison or gets condemned. Although we don't accept this claim, if we suppose it is true... If the Europeans are honest they should give some of their provinces in Europe - like in Germany, Austria or other countries - to the Zionists and the Zionists can establish their state in Europe. You offer part of Europe and we will support it.
China is ruthlessly pragmatic. It supports North Korea for its own selfish interests. And I believe that China no longer considers us an ally. The current president, Xi Jinping, cultivates close relations with South Korea. He has never met with me, the leader of North Korea, something that the leader of China has always done. At the grand celebrations in Beijing two years ago commemorating the 70th anniversary of the end of World War II, he placed the president of Russia and the president of South Korea at his side. In North Korea, we pay a lot of attention to ceremonies and what they signal.
They [ Germany, Japan, South Korea, Saudi Arabia] will fully understand. They're economic behemoths. They're tremendously successful countries, but we're subsidizing them for billions and billions of dollars.
You know, North Korea situation is far worse than East Germany, and South Korea is weaker than West Germany.
We continue to grow, and, just like with countries like China or other countries where we are not doing particularly well, we take a really long-term approach.
When you have the countries like Germany, China, and Russia decline, and be replaced by others, that's when systemic wars start. That's when it gets dangerous, because they haven't yet reached a balance. So Germany united in 1871 and all hell broke loose. Japan rose in the early 20th century, and then you had chaos. So we're looking at a systemic shift. Be ready for war.
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