Germany is following the British model

German chancellor Angela Merkel should look to Britain and know political turbulence is coming Germany's way, says Matthew Lynn.

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A nation of part-time bar staff
(Image credit: This content is subject to copyright.)

It has a strong base in high-tech manufacturing. It has lots of world-leading small companies. Workers and managers work in harmony, its skills are world class, the banks lend for the long term, and it runs a massive trade surplus. Over the years, plenty of analysts have looked at the German economy, and wondered why the British, or the Americans, or the Spanish, or whoever, can't be a bit more like the Germans. It has been a model of sustainable, solidly based prosperity and growth.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.