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by lispm
3191 days ago
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I don't think that's crazy. The GDR economy was dismantled after the war by the soviets quite a bit more than in the west. Then it had a socialist style economy for several decades, then with the reunification, the economy collapsed. Lots of industry went away because it was not competitive and based on old technology or for various other reasons. East Germany is near to countries which are even poorer. The young people moved to the west to work there. This creates all kinds of structural disadvantages which will be hard to overcome in 50 years. |
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