BusinessInsider writes: Let's be crystal clear: we don't believe any of these people
are bad or are intentionally trying to destroy the world. But if there's one thing that has become
obvious, it's that policy paralysis is a major contributor to the ongoing
global economic malaise. We’re not saying anyone is innately bad but….
1.Angela Merkel, German Chancellor; Position: Chancellor of
Germany, 2005-present
Impact: As the German chancellor, Angela Merkel faces
routine criticism for her handling of the euro crisis, and her responses to
market developments are often viewed as reactive instead of proactive,
contributing to a deepening of the crisis….
2.Francois Hollande, French President
Impact: Francois
Hollande is an outspoken voice for greater fiscal integration and debt-sharing
measures to be implemented in the eurozone. This has led him into a faceoff
with German Chancellor Angela Merkel, who opposes such actions. Reuters
recently described Hollande as "determined to show he is standing up to
Berlin after his predecessor Nicolas Sarkozy was seen as having let Merkel have
her way at euro zone crisis talks."
3. Hans-Werner Sinn, German economist; Position: University
of Munich Economics Professor and Ifo Institute for Economic Research
President, 1999-present
Impact: As head of an influential German think tank,
Hans-Werner Sinn is one of the most outspoken academic opponents in Germany to
continued bailouts to the eurozone periphery, writing recently that
"neither the euro nor the European idea will be saved by the extension of liabilities
to banks…."
4. Ben Bernanke, Position:
Federal Reserve Chairman, 2006-present
Impact: Fed chairman Ben Bernanke has guided the markets
through arguably the most important financial crisis of all time – the collapse
of the U.S. housing market in 2008 and its knock-on effects on markets around
the entire world. Bernanke has also
received criticism from economists like Paul Krugman for not engaging in enough
monetary easing to boost the economy further…
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