Sentences with phrase «german economic miracle»

So they did a debt cancellation that was the German economic miracle.

Not exact matches

Not only to the European banks, but we're talking about a domestic debt holiday very much like Germany's economic miracle, in 1948 the Allied monetary reform, where they canceled all the internal German debts except for the debts that employers used for wages.

Not long after the war, West Germans — and others — began to speak of the Wirtschaftswunder, the economic miracle, that laid the foundations for Germany's unchallenged preeminence in the Eurozone today.

Having moved to Düsseldorf from the German Democratic Republic in 1961, Richter, bombarded by the visual onslaught of the Western economic miracle, sought to critically examine the «truth claim» of photography by making paintings based on photographs that he sourced from newspapers, books, and family albums.