German firm closures at highest level in 14 years | dpa international
German firm closures at highest level in 14 years | dpa international
cross-posted from: https://lemm.ee/post/64561299
The number of German firms closing their doors for good rose last year by as much as 16% on the year to 196,100, the Creditreform agency and the ZEW economic research institute reported on Wednesday.
Well, if one wanted a large amount then it might be as good a time as any to split up some of the big conglomerates into lots of tiny little chunks.
Most of german GDP are mid sized companies actually.
True
Germany is not coming back. The pension system, exodus of academics and high taxes on top of all of that will make it even worse in the near future.
Germany ... exodus of academics
Germany is the second most important host country for international academics and researchers after the USA (that was in 2024, doubt the U.S. will be able to hold the pole position with the Florida man at the helm)
According to the German Academic Exchange Service (DAAD) ... over 75,000 researchers from all over the world worked in Germany. In addition, 380,000 international students were enrolled at German universities - a new record.
When you share sources you should address what I said and not post unrelated stuff like migrant workers amd students. They don't stay. I'm talking about netto emigration.
This person over here not based in reality at all
This is the most populistic response. You could share one source at least.
Maybe you should stop watching AfD Brainrot on YouTube. If I'm not mistaking you were the guy who either was or pretended to be not smart enough to understand how our tax brackets work, and claimed people were paying here 45% tax on income
How do your tax brackets work? Are they very progressive?
Germany is not coming back.
TLDR:
1.1% growth basically means Germany is sucking it up big time. 1.1 is nothing.
Also, remind me in a year. It's probably going to be corrected again like every time. Nobody wants a panic, so they regularly invent some percentage numbers that are magically corrected every now and then by multiple percentage points.
Germany has major systematic problems. You can't deny that. It will only get worse in the next 30 years. Quoting some 1.1% growth for next year is a fucking joke.