Yes can confirm this is real. I know both German and Dutch nurses who say that the workload is incredibly high. One older nurse also said the pressure today is much higher than years ago.
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Over here in Canada healthcare spending has been rising faster than general inflation more or less continuously since the 1960s. Seems to be generally true of many wealthy countries. More tech and therapies. And an ageing population. And probably other factors.
https://commons.m.wikimedia.org/wiki/File:Health_care_cost_r...