by Ted Walsh
A Special Thank You to Nick Dearden, whose piece in the Guardian inspired this blog
Few countries are better examples of economic strength in a weak international financial system than Germany. As the largest economy in Europe with high economic standing, Germany is often in a position to prescribe economic policies within the Eurozone for countries teetering precariously on the verge of defaulting on their debts. What makes Germany’s situation remarkable is the fact that 60 years ago, the post-war German economy was in ruins. As such, Germany’s rise to economic prominence is of significant relevance to heavily indebted countries today.