Wednesday, May 6, 2015

Rich Germany Has a Poverty Problem

Inequality and underemployment are on the rise in Europe’s economic powerhouse.
Rich Germany Has a Poverty Problem
Foreign PolicyBY SUMI SOMASKANDA-MAY 5, 2015
BERLIN — The signs of Germany’s economic might are hard to miss. There are the swanky new high-rise hotels cropping up on Berlin’s main shopping mile and luxury condominium complexes spreading across the government quarter. In the southwest, Germany’s engineering heartland, auto parts factories are humming and newfound confidence is brimming.