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What's happening in Germany

The David McWilliams Podcast

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The Industrial Aristocracy of Germany

Ireland has led wages to go out of control, and all our wages. So we feel richer, but because inflation cost living is going to,. We're not richer, okay, but in Germany things are incredibly good value for us. I think there is this tension that every government has to come to terms with over the decades. And this is that you have what I call the industrial aristocracy of Germany. This is families over like really sustained time like over 150 years and longer.

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