That Germany should try to wind back the clock and start producing the low-end consumer goods that for years now it has imported from China or other cheaper centres of production?

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What would it take to wind back the clock?

CNN: June 27, 2012 -- Updated 1104 GMT (1904 HKT)

Wind back the clock to the 1930s.

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Wind the clock back to 1979, and no one, not a single pundit, policy wonk, or economist, forecast the economic boom that came from the last such cycle.

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Wind the clock back just over four years and Fernandez had arrived in the United States to considerable fanfare after a standout performance for his beloved Spain in China.

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