Monday, June 8, 2009

Europessimism

Wolfgang Münchau has an extremely pessimistic but plausible view of Europe's future, based on an expectation that Germany's export-led economy will remain prostrate for years to come owing to a collapse of exports, a sharply rising euro, a severe banking crisis, and "politicians who panic about domestic inflation."

Other comment on Germany by Joschka Fischer and Henry Farrell.

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