Uber Alles? Not So Fast!
A pillar of rectitude, stability and a star performer, Germany is not all that it seems. Its economy has structural weaknesses. It assumed the moral high ground in the Greek crisis yet Deutschbank and Volkswagen are spectacular examples of two iconic German companies caught cheating on a world scale. The mantle of leader of Europe has fallen on it but Germany has by and large promoted its own narrow self-interest, often to the detriment of its European partners. Following the autumn 2017 elections, a new element of political uncertainty and instability entered Germany’s political scene. At a time when Europe needs to embrace courageous reforms, the only thing that may be worse than a strong Germany is a weak Germany.