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The Independent UK
The Independent UK
National
David McHugh

Once a global ideal, Germany's economy struggles with an energy shock that's exposing longtime flaws

Copyright 2023 The Associated Press. All rights reserved

For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports.

Jobs were plentiful, the government's financial coffers grew as other European countries drowned in debt, and books were written about what other countries could learn from Germany.

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