Germany Is Losing Its Mojo. Finding It Again Won t Be Easy. – WSJ

BERLIN Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization.

Times changed. Germany didn t keep up. Now Europe s biggest economy has to reinvent itself again. But its fractured political class is struggling to find answers to a dizzying conjunction of long-term headaches and short-term crises, leading to a growing sense of malaise.

Germany will be the world s only major economy to contract in 2023, with even sanctioned Russia experiencing growth, according to the International Monetary Fund.

via www.wsj.com

No surprises here. Just unfathomably stupid policies. But, we must all admit, they are supremely virtuous.