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That’s because Germany implemented the necessary social reforms before the crash (around 2005), rather than after. It also still has a superior education progra
by claudius 13y ago
That’s because Germany implemented the necessary social reforms before the crash (around 2005), rather than after. It also still has a superior education programme with apprenticeships for standard jobs, as well as cheap university access with extra funding for poorer people.
Edit: You can even see this in the graph. German youth unemployment peaked in 2005, well before the financial crisis but after a decade of slow growth, also cf. [0].
[0] https://en.wikipedia.org/wiki/Sick_man_of_Europe#Modern_use https://en.wikipedia.org/wiki/Sick_man_of_Europe#Modern_use