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The Necessity for Higher Wages – Heiner Flassbeck on RAI (4/5)

Summary:
Mr. Flassbeck, former head of UNCTAD, says we’re going into the Japanese scenario, a stagnation with a kind of deflation, because we have no purchasing power in the hands of the mass of the consumers

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Mr. Flassbeck, former head of UNCTAD, says we’re going into the Japanese scenario, a stagnation with a kind of deflation, because we have no purchasing power in the hands of the mass of the consumers


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