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Episode 542: Can An Economy Be Too Good?

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Episode 542: Can An Economy Be Too Good?

Government

Episode 542: Can An Economy Be Too Good?

Episode 542: Can An Economy Be Too Good?

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  • <iframe src="https://www.npr.org/player/embed/316459056/316846352" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The movie "St. Elmo's Fire" might be a useful analogy when explaining the European Union. In the analogy, Germany is the overachieving character, Alec. Screen shot St. Elmo's Fire trailer hide caption

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Screen shot St. Elmo's Fire trailer

The movie "St. Elmo's Fire" might be a useful analogy when explaining the European Union. In the analogy, Germany is the overachieving character, Alec.

Screen shot St. Elmo's Fire trailer

When we talk about European economy, we usually focus on the screw ups – the sunny South, with the big deficits.

But the strangest report recently came out of Brussels—saying how well Germany's economy is doing. And how that's a big problem for the rest of the countries in the Eurozone.

Today on the show: How when you're in a group, doing extremely well can be a problem.

Music: John Parr's "Man In Motion" Find us: Twitter/ Facebook/ Spotify. Download the Planet Money iPhone App.