After the crash of 2008, Germany emerged as the hegemonic power in Europe, but it failed to live up to the obligations that successful hegemons must fulfill, namely looking beyond their narrow self-interest to the interests of the people who depend on them. Compare the behavior of the US after WWII with Germany’s behavior after the Crash of 2008, t he US launched the Marshall Plan, which led to the development of the EU; Germany imposed an austerity program that served its narrow self-interest."
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