But, first of all, that will change – many have forgotten that, just a few years ago, Germany was the economic laggard. And, second, Europe is not an island. We compete with the whole world. So the solution cannot be to hold back the most competitive country.
To use another image: the strongest player in the team should not have to hop around on one leg to make things seem fairer. A lesson that we have had to learn is that monetary union is not working because the differences in competitiveness and economic strength are so great.