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Friday, June 5, 2015

Germany's Demographic Crunch

Germany dominance over as demographic crunch worsens from the Daily Telegraph [of the UK]
"Germany's workforce will shrink by 6m over the next 15 years, declining even faster than Japan's. ... The crunch is aggravated by the double effect of a powerful post-war baby boom followed by a countervailing baby bust – the so-called “Pillenknick”. The picture in Portugal (nine) and Italy (9.2) is almost as bad."

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