Daily Archives: December 23, 2009

Gideon Rachman

The oddest thing about 2009 was how normal it was. At the beginning of the year, the global economic crisis was still causing panic in prime ministers’ offices and presidential palaces across the world. Many politicians were looking anxiously back to the 1930s.

Those fears of a return to a world of soup kitchens and fascist marches turned out to be overdone. The German economy contracted by more than 5 per cent in the year to September. But in that month, the Germans still re-elected Angela Merkel – the very epitome of stolid, centrist good sense. The Japanese elections, a month earlier, were more dramatic – marking the end of the Liberal Democratic party’s almost uninterrupted hegemony over postwar politics. But it is still too early to tell whether Japan has really changed as a country. Read more

Gideon Rachman

By Gideon Rachman

I am back in the office – briefly – to write my first column for a couple of months. It actually won’t appear until December 29th (in a week’s time), but editors here seem eager to get away for Christmas. Funny that. Read more

Geoff Dyer of the Financial Times blogs on Chinese government measures to slow China’s housing market. Read more