Wednesday, June 27, 2012

never confuse the EZ impact on german wages with its impact on global german corporate profits




the share of non-labour income in national income  in Q4 '05

increased to 33.5%, from  29.2% in Q4 of 1998


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zone crisis impact ?

corporate profit change y/y
from  '08 to '11
note '09 -'10   V movement

-1.4
-13.5
10.5
1.5