Helmut Schmidt Quote
Democracy is not the end point of mankind. There may be developments in many different directions in the coming centuries. Democracy has only existed for about 200 years. It started out with the American Declaration of Independence. The Americans got their ideas from the Europeans, in the main from the French, the Dutch and the British.
Helmut Schmidt
Democracy is not the end point of mankind. There may be developments in many different directions in the coming centuries. Democracy has only existed for about 200 years. It started out with the American Declaration of Independence. The Americans got their ideas from the Europeans, in the main from the French, the Dutch and the British.
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About Helmut Schmidt
Before becoming chancellor, he served as the minister of defence (1969–1972) and the minister of finance (1972–1974) in the government of Willy Brandt. In the latter role he gained credit for his financial policies. He had also briefly been minister of economics and acting foreign minister.
As chancellor, he focused on international affairs, seeking "political unification of Europe in partnership with the United States". He was an energetic diplomat who sought European co-operation and international economic co-ordination. He was re-elected chancellor in 1976 and 1980, but his coalition fell apart in 1982 with the switch by his coalition allies, the Free Democratic Party.
He retired from Parliament in 1986, after clashing with the SPD's left wing, which opposed him on defence and economic issues. In 1986, he was a leading proponent of the European monetary union and a European Central Bank.