Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Germany ‘sick man of Europe’ – causing a shift to the right, top economist says (cnbc.com)
4 points by rntn on Sept 4, 2023 | hide | past | favorite | 2 comments


Fascinating because they've been benefitting for decades from cheap labor of Europe's South: the PIGS, but especially ex Yugo, the Balkan etc.

Maybe this is a good thing when the brain drain from the South to North slows, stops, or perhaps even gets reversed?

From 2012 https://www.nytimes.com/2012/04/29/world/europe/germany-look...


"Sick Man of Europe" implies that every other country in Europe is doing well.

That's not the case. Germany has historically been the main engine of Europe. It's been the main source of subsidies to the rest of Europe and the main source of export income to Europe. If the 'main engine' is sick, the whole of Europe is sick.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: