Irwin Stelzer has a piece at The Weekly Standard website on the global economy and where it's heading, according to various economists and other experts. Generally, things look good, according to this pundits, and that includes W's re-election chances, regardless of the state of the economy in '04.
What caught my eye in particular, though, was the diagnosis given to a number of countries individually, and that given Germany in particular. Stelzer writes,
- Germany is considered a basket case, its economy shrinking and its population declining to the point where it will be "economically irrelevant," in the words of one observer, within the next several decades. All of which is made worse by a soaring euro that is reducing the international competitiveness of Germany's already high-cost industries.