In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy.
Wolfgang SchaubleThe German export successes are not the result of some sort of currency manipulation, but of the increased competitiveness of companies. The American growth model, on the other hand, is in a deep crisis.
Wolfgang SchaubleI think we will have to spend more on defense, for infrastructure, for extension of the broadband network and also for domestic security.
Wolfgang SchaubleThe Pope was more critical of Christianity than Islam during his visit (to Bavaria). He said on several occasions that the secular world influenced by Christianity must face the idea that it may not be as attractive as it once was. The leaders of other faiths might also be well-advised to admonish their own now and then and not always direct their criticism at others.
Wolfgang Schauble