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Germans living in ‘cloud cuckoo-land’ as economic decline sets in

Germans living in ‘cloud cuckoo-land’ as economic decline sets in

Britain risks relegation from the advanced league of global economic powers within a decade if it is not careful, but less obviously so does Germany.

The close siblings have opposite flaws. While the British are gambling wildly on political and economic upheaval – full of dangers, yet also breath-takingly bold – the German people are doubling down on ideological certainties, a 20th Century pre-digital model, and the status quo. 

There is a whiff of the Brezhnev era about the long cautious reign of Angela Merkel. Some Germans are vaguely aware that Deutschland Inc is no longer entirely fit for purpose but there is no sense of urgency.

“We’re living in cloud-cuckoo land. We think we are the superstars…

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