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3. What part has wage restraint played?
by afew (afew(a in a circle)eurotrib_dot_com) on Tue May 15th, 2007 at 07:52:21 AM EST
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Year-on-year wage growth:

The number of workers has increased a lot, and yet that did not translate into growth, or even spending growth:

Germany's growth has been driven largely by exports and not domestic demand:



In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue May 15th, 2007 at 08:42:00 AM EST
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