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.
The thing I've learned most about poverty is how expensive it is to be poor. It's super easy to pay rent every month if you earn enough to pay rent and have a decent job. It's super hard to pay rent if you need a coupon from the state and then need to go find an apartment that will accept that coupon and only that coupon.
I truly believe that capitalism was created to help people live better lives, but sadly over the years it has lost its way a bit. The short-term focus on profit has driven most businesses to forget about the important long-term role they have in taking care of people and the planet.
One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.
Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.
We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
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