Saturday 6 August 2011

In this grave crisis, the world's leaders are terrifyingly out of their depth

Telegraph
"Barack Obama feels more and more like a president from the Jimmy Carter tradition: well meaning but ineffectual. And contemplate the sheer fatuity of the statement issued by Angela Merkel’s office on Friday night: “Markets caused the drama. Now they have to make sure to get things straight again.” This remark reveals in the German Chancellor a basic inability even to grasp the nature, let alone understand the scale, of the disaster facing Europe this weekend. Such a failure of comprehension is entirely typical of a certain type of leader throughout history, at times of grave international urgency."

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