German FAZ: Will Germany be pushed out of the world market?007776

The Germans thought for a long time that the issue was none of their business. Warnings have been going on for at least twenty years, and it has now been a decade since the American economist David Autor sounded the alarm particularly loudly. He warned of the “China syndrome”: According to his thesis, the rise of the middle classes in the Far East is accompanied by the decline of this population group in the West because well-paid jobs in industry are being relocated – a trend that is driving the rise of populist parties and promote politicians.
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