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Very low compared to what ?

I would say that is lower compared to Scandinavian countries but generally high.

From Wikipedia:

http://upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Soc...

Bigger version: https://upload.wikimedia.org/wikipedia/commons/6/6c/Social_m...

According to that graph, social mobility in Germany isn't lower than Scandinavia at all. It's lower than Denmark and Finland, but comparable to Sweden and Norway. Income inequality is higher, though.

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