Germany’s traffic-light coalition of Social Democrats, Greens, and Liberals is unable to escape crisis mode. The coalition’s top leaders, Chancellor Olaf Scholz of the Social Democrats, Vice Chancellor and economy and climate minister Robert Habeck of the Greens, and finance minister Christian Lindner of the Free Democratic Party, have been facing one mess after another. … [Read more...] about Deutschland Debacle
Economics & Globalization
Germany on the Firing Line
Ever since U.S. President Donald Trump started a global trade war, attacking high German current account surpluses and threatening penalty tariffs on German cars, Germany’s economic model as the basis for the extraordinarily strong position of German quality brands on world markets moves further into the firing line. Faced with the threat of a 35 percent tariff on imported cars … [Read more...] about Germany on the Firing Line
Germany’s China Dilemma
At a recent weekend, the leaders of the present German coalition government, still headed by Chancellor Angela Merkel, gathered in Berlin to discuss why they have lost millions of voters in recent elections. Merkel’s party union is still struggling with the refugee open border disaster, while the Social Democrats proposed a fundamental overhaul of Germany’s social state, … [Read more...] about Germany’s China Dilemma