The world recession that began in the U.S. is hitting Germany much harder than us, due to a collapse in world trade that has damaged an economy that Germans constantly refer to as “the World Export Champion.” But, Douglas Elliott explains, Germans feel much better about their economic situation than Americans do about ours.
![Smartphone with Google and Amazon apps are seen placed on keyboard in this illustration picture taken on June 25, 2021.](https://www.brookings.edu/wp-content/uploads/2024/06/2024-05-28T152230Z_4_LYNXMPEK4R0AC_RTROPTP_4_INDIA-ANTITRUST-DIGITAL-1.jpg?quality=75&w=500)
Technology Policy & Regulation
Crossing the regulatory Rubicon: The future of digital regulation is being defined in Europe
Commentary
Comparing the Recessions in Germany and the United States
August 10, 2009