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Skybird · 08-11-23, 02:01 PM

The July statistics show almost a quarter more business failures than a year ago. This is not only due to higher energy costs and interest rates, but also to the lagged effects of the Corona policy. The number of insolvencies has been rising steadily since August 2022. The number of corporate insolvencies in Germany is since then rising rapidly. In July this year, there were almost 24% more corporate insolvencies in Germany than in the same month last year, according to the Federal Statistical Office. In June, the increase was already almost 14 percent.

I expect that the number of small and medium-sized businesses closing down because they can no longer survive in the business climate created by the traffic light government will increase. The Association of Medium-Sized Businesses said a few days ago that about 40% of the businesses are thinking of giving up.

Fourty percent...! In no other industrialised country is the "Mittelstand" (not to be mistaken with middle class) as important as in Germany. It is here that the model of vocational training for industrial and apprenticeable occupations that the rest of the world is so eager to copy from Germany is based. It is now crumbling. In addition, the number of young people entering job training is far too low.

Not in the long temr, but already in the medium term it is desaster looming. This collaps now happening is of a scale that I cannot imagine Germany to ever recover from that. And it is wanted by the Greens who since 40 year slobber for destroying the burgoise social order, free market economy and capitalism. Demography alone would already spell desaster for us, but the Greens are the catalyst that accelerate this process by facors. The chancelor grins, as always, thats what he does best, and its the only thing he does. The economic minister smirks: the Champagne and non-vegan party food is already ordered, the mission after 40 years is finally almost accomplished.

No pity for the Germans, please. They get what they deserve: they let this happen, they let this being done to them, they even applaude, and do not fight back. Dispicable.

08-11-23, 02:01 PM	#2029
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,668 Downloads: 9 Uploads: 0	The July statistics show almost a quarter more business failures than a year ago. This is not only due to higher energy costs and interest rates, but also to the lagged effects of the Corona policy. The number of insolvencies has been rising steadily since August 2022. The number of corporate insolvencies in Germany is since then rising rapidly. In July this year, there were almost 24% more corporate insolvencies in Germany than in the same month last year, according to the Federal Statistical Office. In June, the increase was already almost 14 percent. I expect that the number of small and medium-sized businesses closing down because they can no longer survive in the business climate created by the traffic light government will increase. The Association of Medium-Sized Businesses said a few days ago that about 40% of the businesses are thinking of giving up. *Fourty* percent...! In no other industrialised country is the "Mittelstand" (not to be mistaken with middle class) as important as in Germany. It is here that the model of vocational training for industrial and apprenticeable occupations that the rest of the world is so eager to copy from Germany is based. It is now crumbling. In addition, the number of young people entering job training is far too low. Not in the long temr, but already in the medium term it is desaster looming. This collaps now happening is of a scale that I cannot imagine Germany to ever recover from that. And it is wanted by the Greens who since 40 year slobber for destroying the burgoise social order, free market economy and capitalism. Demography alone would already spell desaster for us, but the Greens are the catalyst that accelerate this process by facors. The chancelor grins, as always, thats what he does best, and its the only thing he does. The economic minister smirks: the Champagne and non-vegan party food is already ordered, the mission after 40 years is finally almost accomplished. No pity for the Germans, please. They get what they deserve: they let this happen, they let this being done to them, they even applaude, and do not fight back. Dispicable. __________________ If you feel nuts, consult an expert. Last edited by Skybird; 08-11-23 at 02:12 PM.