This year, the US celebrates its 250th birthday — and by all accounts, it’s going to be a big party. One Independence Day event in Philadelphia alone is expected to draw a million people and will cost around €120 million. The anniversary has been used to brand everything from NASA’s recent manned mission to the moon to the football World Cup. I imagine …
Germany has forgotten the era that made it rich
The country's economic strength was built in the Kaiserreich. Today’s model preserves that success — but struggles to create new growth.
