„Winter is here“

Anyone who would have dared to venture an outlook on the new decade at the end of 2009 would very probably have done so under the impression of the Great Financial Crisis of 2007/08 and the resulting Great Recession of 2008/09.

This commentary is from the column “Einwurf Mayer” (Interjection Mayer) which was published in the Welt am Sonntag and is available online at www.flossbachvonstorch-researchinstitute.com (in German only).