Workers stage a warning strike at the Volkswagen factory in Zwickau, on Dec. 2.
Photographer: Iona Dutz/BloombergThe Big Take
Germany Is Unraveling Just When Europe Needs It Most
High energy costs and slumping exports have made German households €2,500 poorer and the decline threatens to become irreversible.
Germany is reaching a point of no return. Business leaders know it, the people in the country feel it, but politicians haven’t come up with answers.
That has set Europe’s largest economy on a path of decline that threatens to become irreversible.