You added
a section
7 years, 5 months ago
Activity
You added
a vocabulary term
7 years, 5 months ago
Hartz reforms
Germany's 2000s turnaround is often attributed to the so-called Hartz reforms of that decade, which reduced welfare protections and increased labor market participation.
he says this is false because: wages actually fell for the decade prior to reforms because of reunification + expansion of German auto sector abroad (?); all these reforms did is increase inequaity
notable
You added
a section
7 years, 5 months ago
You added
a vocabulary term
7 years, 5 months ago
financial repression
Financial repression is basically a tax on captive bondholders and it works best when you have banks over a proverbial barrel
notable
You added
a vocabulary term
7 years, 5 months ago
sobriquet
the pejorative sobriquet of financial repression
confirm