Michel the German, a nationwide personification reminiscent of America’s Uncle Sam or Britain’s John Bull, is a sleepy fellow with a nightcap. He’s a bit conservative and never all that eager on disruption. Michel is, in different phrases, an appropriate consultant for the trendy German economic system, which has grown by a meagre 0.1% over the previous 5 years and is, in response to forecasts, now getting into yet one more yr of stagnation. When voters head to the polls on February twenty third, the depressing state of the economic system will likely be on the entrance of many minds.
