“We must re-establish the primacy of politics over the market.”FWIW, Frau Merkel, political bodies have always been able to destroy markets. Think of a political entity (country) as a body, and the market as the blood circulating within it. It's easy for the body to control the blood, simply place a tourniquet around the neck and tighten. Of course this results in a shrinking market, falling GDP, higher unemployment and a pressing need for the government to raise taxes to cover the cost of tightening the tourniquet.
Good thing we're not that dumb here, right?