By any measure the results were a disaster. Best guesses this minute are a ‘Grand Coalition’ between left and right or, perhaps, a center-right/Green coalition. In a sense, though, the old image of deckchairs being rearranged on the Titanic comes to mind. Serious structural reform is dead for now. So far as voters were concerned, the fear of unemployment (already very high) counted for more than the prospect of actually doing something about it…