“GRAND coalitions”, Willy Brandt apocryphally opined, “have the feel of perverse sex acts”. Such broad alliances, he thought, are unnatural and best avoided. And post-war Germans did largely avoid them: until 2005, they only had one. Since 2005, however, they have had two, and may soon have another.
- Rising oil prices are making more extraction methods viable
- Lessons from history in how to spot a bubble