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Germany's Economy Is Doing Well — And That's Bad For The Eurozone

In any economy, the growth of wealth always benefit elites more than that do to rank, Germany is no different.

Until the end of the Cold War, West Germany was a model state of fairness and equality. If you have a job, you can be sure that you can live a decent life, no matter what job you have. 25 years ago, even a student working a few hours per week could earn around 6 Euro/ hour at a café or restaurant plus tips. Today, many people who have a regular job get 8 Euro/ hour and they have to feed their family. This kind of situation was unthinkable before globalisation in much of the EU.

Now, we have people working 40 hours a weeks and earn so little that they still have to depend on social welfare. It's insane!
 

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