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Despite economic success, fear and angst prevail over Germany
June 25, 2011 5:40 PM Subscribe
Germany’s season of angst: why a prosperous nation is turning on itself Shops are busy. Home sales are rocking. Unemployment hasn't been so low since the eighties. In terms of growth, profits and productivity, the current German economic boom has surpassed even the “wonder years” of the 1950s. These are, by several measures, the most successful people in the world.
posted by KokuRyu (52 comments total)
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If previous German booms were marked with a national mood of confidence and optimism, this is a prosperity of angst and fear: According to one survey, 80 per cent of Germans now believe that the future will be worse than the present, that “everything is getting worse.” There is an entire consulting industry devoted to analyzing the “national angst.”
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