“The new economic miracle,” “role model for Europe,” and “beacon of stability”—these and similar euphoric headlines in Germany about the nation and its economy have become almost commonplace in recent years as the country’s self-confidence has grown despite a deep European crisis. The headlines in Europe, the United States, and elsewhere around the globe, however, are startlingly different: “Germany’s austerity obsession,” “Europe’s reluctant hegemon,” “Germany benefitting at the expense of Europe.” So stark a contrast prompts several questions: What is the true state of Germany’s economy? What is Germany’s role in Europe amid a growing national divide and a renationalization of policymaking throughout Europe, both of which threaten the continent’s very future? This book offers an attempt at reconciliation of both views about Germany’s economic strengths, and it proposes a path by which Germany can re-engage with its European neighbors and with the United States, to the end of helping rebuild Europe’s future.