That being said, when the first diagnosis was made at a global level with China, India, Brazil, Russia around the table, as well as of course Japan, the US and the Europeans, we didn’t challenge the fact that a market economy was the best recipe for producing growth.
BIS central bankers’ speeches  3  In Germany there’s a very strong belief in the market, which is why German conservatives opposed crisis measures taken by the ECB. We’ve had two resignations by Germans – Axel Weber and Jürgen Stark – from the governing council. If you’re talking about further steps towards European integration, are you in danger of losing the Germans?