https://pjmedia.com/spengler/2012/05/28/lessons-from-europes-winners-and-losers/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 03:43:46 -0400<![CDATA[Berlin had perfect weather last week, and there was no better place to watch the world go to pieces than Dressler&#8217;s open-air terrace on Unter den Linden. Berlin famously is one of the world&#8217;s coolest cities, an edgy outlet for young artists. But it is also the face of the economic future. German unemployment is down from 11% in 2006 to 6.8% this April, with barely a bump during the Great Recession of 2008. Back in 2006, by contrast, Spain&#8217;s unemployment rate was just 8%. Now it&#8217;s at 25%. Spain is likely to go bankrupt, right after Greece, and the Germans don&#8217;t really care. All of Germany&#8217;s export growth in the past ten years has gone to the east, not the south.]]>Mon, 28 May 2012 19:05:46 -0400<![CDATA[David P. Goldman]]>https://pjmedia.com/david-p-goldman/2012/05/28/lessons-from-europes-winners-and-losers-n130848