The German Model is Failing

«Germany’s postwar model has reached its breaking point.» Two months before the election, and referring to Angela Merkel’s memoir, a level-headed assessment of where Germany stands and how it got here. «Germany has long outsourced its security to the United States, its energy needs to Russia and its export-led growth to China. Merkel doubled down on all three of these bets. Since she left office, all three have gone belly up.»