Crises regularly shake up German economic history and consumer confidence.
At the beginning of the 1970s, the first, from today's perspective quite harmless recession had destroyed the Germans' belief in the supposedly endless economic miracle of the post-war period, when an oil supply crisis shook their freshly regained confidence.
A second oil boycott followed, several currency crises, stock market slumps such as shortly after the turn of the millennium and finally the great financial crisis after the collapse of the US Lehman Bank in 2008.
But the corona crisis is different, even compared to the bank disaster a good decade ago.