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Old 05-25-23, 01:48 PM   #1974
Skybird
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Join Date: Sep 2001
Location: the mental asylum named Germany
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They cannot hide it any longer: Germany has very officially now sled into a recession. The economy shrunk in Q4 2022 by -0.5%, and in Q1 2023 by -0.3%.


Since Q1 the trend must have worstend, for a secret the government tries to hide or deny is that a growing and already alarming high numbers of companies have scrambled to leave Germany. Some point to the worsening labor situation and poor energy prospects, others are lured to the U.S. by the American investment program, while still others say they see no prospects for themselves in the medium and long term if the country that takes them in quite actually wants to do away with itself.


Also cafefully hid from the public's awareness is that we have a great net brain drain, since years, and it has constantly growen in the past 5+ years at least. It adds to the companies' bad employement situation. There are too many jobs that do not need just any worker, but need qualifed specialists and academically well-trained head-workers. But these get ripped off with taxes and payments and high electricity costs. So what do they do? They pack their young families, and leave to countries that treat them better, offer better working conditions, and allow them more wealth.
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