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Stable Economy / West Germany #229748

CBS Evening News for Thursday, Jul 05, 1973
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(Studio) West Germany has good economy outlook.
REPORTER: Roger Mudd

(Bonn, West Germany) Orderliness in German business and lifestyles reflects stability of country. Americans no longer richest; Germans are. 4-wk. vacation for Germans with wkends. and evenings free from work. Dollars being converted to marks even by American businessmen. Germans say Americans trying to solve money problems wrong way. [German Chamber of Commerce spokesperson Otto Wolf Von AMERONGEN - says Americans need more energy in exporting American goods. Can't solve economy problems by cutting imports and exports.] American hasn't considered encouraging United States skilled laborers to work in West Ger., where there's labor shortage.
REPORTER: John Sheahan

Mudd, Roger;
Sheahan, John

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