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The inevitability of German stimulus

The new party chairman of the CDU, Armin Laschet speaks during the digitally hosted 33rd party conference of the CDU in Berlin, Germany, January 16, 2021. /Getty Editor's note: Melvyn Krauss i

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Europe's Faustian bargain

An old woman holding the European Union flag during a demonstration in Krakow, Poland, November 22, 2020. /Getty Editor's note: Melvyn Krauss is a senior fellow at Stanford University's Hoover