The question is, are these companies the one that still work by fax and think the internet is a fad?
Germany sees company bankruptcies soar
11–20 of 83 posts
Re: Germany sees company bankruptcies soar
#12Re: Germany sees company bankruptcies soar
#13Earlier quoted context omitted.
Yeah, at the same time: https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted" https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU" Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession" We wouldn't be where we are with r…
you think people that "incorrectly believe the US is in recession" go by doomsday news? they look at their pocket when buying groceries, they looked at the glorious effects of bidenomics on their own life, and how it has been made that much harder, and form their opinions. When the talking heads on TV bask in how great the economy is, they speak from a position where their insider-trading fueled gains are so far away…
Re: Germany sees company bankruptcies soar
#14Earlier quoted context omitted.
you think people that "incorrectly believe the US is in recession" go by doomsday news? they look at their pocket when buying groceries, they looked at the glorious effects of bidenomics on their own life, and how it has been made that much harder, and form their opinions. When the talking heads on TV bask in how great the economy is, they speak from a position where their insider-trading fueled gains are so far away…
I am not American, and I don't know all the finer details, but weren't a lot of the inflation issues post covid a direct result of Trump's unrestrained borrowing even in a growth economy, all in the name of keeping the stock markets growing as your primary indicator of economic success a big factor? Certainly looking at the UK economy, I can trace back the source of our current problems well beyond the current electi…
The USA has been in “unrestrained borrowing” because it’s been funding itself with continuing resolutions rather than a budget since 2009. That means that the extra trillion dollars in 2009 “temporary” stimulus has been added to the debt every year since on top of the prior trajectory. This is easily seen if you look at the relevant graphs on FRED.
That said, government borrowing or money creation doesn’t directly cause inflation either. Sad to say, the inflation we’re seeing appears to be as much on the production and importing side as it is on the demand side.
Re: Germany sees company bankruptcies soar
#15The article focuses only on the near time statistics and is missing out the long term statistics as well as effects of the COVID19 pandemic. The effects of the COVID19 pandemic were that the bankruptcies law was temporarily changed, which had the effect that companies that were already on a way to bankruptcy could live longer. That is also the reason why in 2020 the numbers were at a low point for almost 20 years. Th…
Even worse if they spin a complicated narrative based on this single data point that isn't supported by the broader context.
Re: Germany sees company bankruptcies soar
#16Earlier quoted context omitted.
Yeah, at the same time: https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted" https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU" Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession" We wouldn't be where we are with r…
you think people that "incorrectly believe the US is in recession" go by doomsday news? they look at their pocket when buying groceries, they looked at the glorious effects of bidenomics on their own life, and how it has been made that much harder, and form their opinions. When the talking heads on TV bask in how great the economy is, they speak from a position where their insider-trading fueled gains are so far away…
Re: Germany sees company bankruptcies soar
#17The question is, are these companies the one that still work by fax and think the internet is a fad?
Yeah, at the same time: https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted" https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU" Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession" We wouldn't be where we are with r…
Re: Germany sees company bankruptcies soar
#18The question is, are these companies the one that still work by fax and think the internet is a fad?
Nah. I suspect that rising regulation and energy/manufacturing prices cause a big sweep. The real estate market is getting fucked pretty bad right now, as well as everything relying on lots of energy. Simply put: the runway ran out for a lot of folks and new regulations bite into their margins like a fire in a papermill
Re: Germany sees company bankruptcies soar
#19Re: Germany sees company bankruptcies soar
#20Earlier quoted context omitted.
Yeah, at the same time: https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted" https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU" Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession" We wouldn't be where we are with r…
is there any reason why this post is voted down?