Alexander Reisenbichler

Alexander Reisenbichler and Kimberly J. Morgan

Although the common wisdom is that Germany's success is the hard-won reward for strict economic management, the country owes much of its good fortune to the eurozone crisis. Immigrants and investors’ cash are flowing into the country from the rest of Europe, in order to escape the dire conditions that Merkel and EU technocrats helped create through their hard-line focus on austerity, structural reforms, and price stability.