Back in early July, I wrote a post on the politics of the German refugee crisis. And the conclusion at that time was that Horst Seehofer was bluffing about blowing up the governing coalition. In retrospect, this proved right. But in the aftermath of the far-right and neo-Nazi protests in Chemnitz, I want to re-examine that piece from a different perspective since I have been writing about xenophobia recently.
Working class anger in Germany
Back in 2010, I wrote a piece about eastern Germany discussing so-called 'Euro Populism'.
Here's what I wrote that relates to Chemnitz:
...the economic side of re-unification was a complete disaster. For purely political reasons, Helmut Kohl, then the German Chancellor, rebuffed the advice of his economic advisors and decided to unite East and West...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.