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Episode 159: Wolfgang Münchau on Germany Going Kaput

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Germany's Economic Interdependencies

This chapter investigates the structural challenges in Germany's economy, emphasizing the complex ties between banks, industry, and government in a neo-mercantilist context. It critiques the entrenched banking practices that hinder innovation and adaptation to economic changes, highlighted by a 2021 bank report that went largely unaddressed by leadership.

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