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Kaput: The End of the German Miracle

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''Compelling'' Guardian
''Eloquent and comprehensive'' Financial Times
''Excellent'' The Telegraph
''Astonishing'' The Times
''An eye-opener'' Gavin Esler

Until recently, Germany appeared to be a paragon of economic and political success. But recent events – from Germany’s dependence on Russian gas to its car industry’s delays in the race to electric – have undermined this view.

In Kaput, Wolfgang Münchau argues that the weaknesses of Germany’s economy have, in fact, been brewing for decades. The...