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EXCERPT:
FRANKFURT, Germany – One of the major reasons for the creation of the European Union was to make Europeans wealthier. Along the way, however, something went seriously wrong.
Europeans are becoming poorer compared to Americans, who are becoming richer.
One in five Germans now faces the risk of imminent poverty in what has long been one of the world’s wealthiest nations.
In France, the poverty rate has hit a 30-year high.
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