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What you seem to be overlooking and really not realizing is that the difference between American and German society really couldn't be any more different among peer societies, which is what causes what you interpret as the "implicit contradiction". The two societies and economies are fundamentally different and almost incompatible. Think of it as if Germany is Exxon (ignoring any personal opinions about their business sector) and the USA is Facebook. Sure, Facebook is all hip and dynamic and energetic and "innovative", but it really is not long for this world because it's fundamentals are rather sloppy and fickle; whereas Exxon has stupendous institutional capacity and depth of fundamentals and resources that swallow any capacity facebook could ever even fathom to have or make.


On what are you basing your Facebook/Exxon analogy?

> Exxon has stupendous institutional capacity and depth of fundamentals and resources that swallow any capacity facebook could ever even fathom to have or make.

Exxon is a much bigger company than Facebook, but the U.S. is a much larger economy that "...swallow[s] any capacity [Germany] could even fathom to have or make". How does your analogy hold again?

Furthermore, many economists don't agree with your proposition that Germany has strong fundamentals. Just look at the Paul Krugman post at the top of the thread.

Edit: removed first sentence because it was too aggressive.




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