It's the secret of Germany's successful run before the recent slump and possibly the only way to deal with the increased immigration of unqualified people.
What ? Can you share the research supporting that ?
Also I can't wait to see the Pro-Brexit teams out picking fruits and washing toilets & floors.
Now with the UK's departure, employers may struggle to fill vacancies (and indeed it appears they have been - see link below), so the poster was sarcastically suggesting that they can't wait to see pro-leavers performing these tasks because it seems like in many cases UK nationals aren't willing to perform these types of roles.
The nature of the role is irrelevant and the poster wasn't suggesting that pro-leavers should be subject to degradation!
https://www.theguardian.com/business/2019/oct/11/tonnes-of-c...
I'm not from nor living in the UK but I sure hope things work out.
My post was a dig at the idea that all the UK needs to allow into the country is highly skilled people. I don't buy that argument.. But lets see.
If the cost of goods increases, it won’t likely be severe since it serves the entire population while only a small percentage of the population produce the goods. Also changing prices affects demand independently from cost of production.
It also lowered aggregate demand, and this lack of domestic demand partly explains why Germany has so many problems recovering from the crisis.
Depends how you look at it - they certainly had an impressive account surplus, for 4 consecutive years (currently world leading $293b).
> 1 good job became 2 bad jobs, which meant less contributions into welfare and pension funds
This means lower contributions but also much lower payout for welfare.
> this lack of domestic demand partly explains why Germany has so many problems recovering from the crisis.
AFAICT domestic demand in Germany is still strong, but clearly attempting to boost it through welfare proved to be an inferior strategy.