With the financial crisis in the eurozone, Germany finds itself in a position that everybody seems to envy, except the Germans themselves.
The government and a majority of German citizens would like to shine through example rather than action. If only others would emulate the "German model," so the argument goes, there would be no crisis in the eurozone.
no crisis in the eurozone.
Angela Merkel: Europe's Mrs. Nein
One could easily discard this as the flattering self-image that all patriots have of their own country. But the curious thing is that the critics of Germany come to almost the same conclusion, except that they would admire the German model without the permanent export surplus.
Yet, like all such models, it is at best a half-truth.
There is a myth that Germans are still traumatized by the hyperinflation of the interwar years, a memory that has somehow become part of the genetic endowment of every German.
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