Nobody in Europe will be abandoned. Nobody in Europe will be excluded. Europe only succeeds if we work together.
Angela MerkelRead
If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life.
Interpretation
Europe must put in significant effort to sustain its economic prosperity and social welfare.
This quote by Angela Merkel highlights the disproportionate economic burden Europe carries relative to its population size. With a small portion of the global population yet producing a significant share of global GDP and funding a large percentage of social spending, the quote points to the necessity for Europe to actively work to secure its economic future and quality of life for its citizens.
In practice
In a speech on economic policy, one could use this quote to emphasize the importance of proactive measures to maintain stability.
Nobody in Europe will be abandoned. Nobody in Europe will be excluded. Europe only succeeds if we work together.
Let us answer the terrorists by living our values with courage.
It certainly is dangerous that there are only a few clubs left in Europe that can afford to pay millions. At the end of the day however, the spectators decide the rates of pay - by watching the games and consuming the goods and services advertised on sports TV programmes.
In many regions, war and terror prevail. States disintegrate. For many years, we have read about this. We have heard about it. We have seen it on TV. But we had not yet sufficiently understood that what happens in Aleppo and Mosul can affect Essen or Stuttgart. We have to face that now.
We need... to say to people that this is a temporary residential status, and we expect that, once there is peace in Syria again, once IS has been defeated in Iraq, that you go back to your home country with the knowledge that you have gained.
During the course of 1989, more and more East Germans lost their fears of the state's repression and chicanery and went out on the streets. There was no turning back then. It is thanks to their courage the Wall was opened.
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
When the word 'morality' comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world's resources or for investment bankers to earn large bonuses?
The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.
When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
Let's not only provide a jumpstart to the economy and immediately or save 3 million jobs, but let's also put a down payment on some of the structural problems that we have in our economy.
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