Is The Economy Just Now Falling Apart

You are not the first man whose life was ruined by a dodgy gearbox. That s why divorce is so common
 
jpc said:
The reality in Germany

'Almost Every German City Is Now On The Verge Of Bankruptcy' | ZeroHedge https://share.google/TOoRuv3LLyVn3wo7J
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I've been over there for a while this autumn and there is no mention made of any of this, it's all business as normal and glossy paint applied where necessary. I was at a presentation held by the VDMA, Germany's leading industrial organisation, and the subject was not referred to at all.
 
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Mad as Fish said:
I've been over there for a while this autumn and there is no mention made of any of this, it's all business as normal and glossy paint applied where necessary. I was at a presentation held by the VDMA, Germany's leading industrial organisation, and the subject was not referred to at all.
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You're far more knowledgeable on the reality in the ground in Germany.
Is it a case of group denial of the financial reality.?
Germany is currently writing a lot of cheques for defence green energy etc.
Its looking like it's not thinking about what happens when they need to be cashed.
Almost a genteel poverty feeling about it .
Nobody cares to bring the subject up.
 
jpc said:
You're far more knowledgeable on the reality in the ground in Germany.
Is it a case of group denial of the financial reality.?
Germany is currently writing a lot of cheques for defence green energy etc.
Its looking like it's not thinking about what happens when they need to be cashed.
Almost a genteel poverty feeling about it .
Nobody cares to bring the subject up.
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One has the feeling it is like intruding into family grief, or asking after the black sheep of the family, one just doesn't mention it.

Whenever I ask of companies about production costs or whatever, they indicate that they will find their own way through the 'challenging period' and will volunteer no more.
 
Mad as Fish said:
One has the feeling it is like intruding into family grief, or asking after the black sheep of the family, one just doesn't mention it.

Whenever I ask of companies about production costs or whatever, they indicate that they will find their own way through the 'challenging period' and will volunteer no more.
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Cognitive dissonance indeed!
 
jpc said:
Cognitive dissonance indeed!
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One note of caution I should add is that in my field of activity there has been a recession for the last two/three years that is somewhat independent of the general economy, and there is a feeling that the worst is over. Indeed, a recession in the larger economy might well release skilled staff for these other companies to snap up. Silver linings and all that.
 
Mad as Fish said:
One has the feeling it is like intruding into family grief, or asking after the black sheep of the family, one just doesn't mention it.

Whenever I ask of companies about production costs or whatever, they indicate that they will find their own way through the 'challenging period' and will volunteer no more.
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Over the past few months, a German friend living here long term tells me Germany is fooked, claims the infrastructure is creaking and the country is in a downward spiral. Another parent, also non national, had planned to move there, but echoed similar sentiments. And yet Another person I met (eastern European who lived here previously), now living in East Germany, said she wants to move back here, said Germany is full of Muslims, and hates it... I like visiting Germany a lot, and I have never lived there, but am shocked how so many seem to think a country only a few years ago was a powerhouse seems to be falling apart? Is it really that bad in your opinion?
 
Perry said:
Over the past few months, a German friend living here long term tells me Germany is fooked, claims the infrastructure is creaking and the country is in a downward spiral. Another parent, also non national, had planned to move there, but echoed similar sentiments. And yet Another person I met (eastern European who lived here previously), now living in East Germany, said she wants to move back here, said Germany is full of Muslims, and hates it... I like visiting Germany a lot, and I have never lived there, but am shocked how so many seem to think a country only a few years ago was a powerhouse seems to be falling apart? Is it really that bad in your opinion?
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This is the conundrum I face, for I tend to visit Germany as a guest of organisations where everything is controlled to a certain extent, not quite to North Korean levels but the best face is worn to the outside and there is little opportunity to see under the skin. I probably just get to see the one side of the country, however, the city I was staying in seemed to have acquired more police who were more oraganised and aggresive in their approach to the public, they now seem to operate in fours rather pairs for instance, and there was more of them in the city centre than I seem to recall. I'm guessing this in response to a change in criminal or antisocial behaviour.
 
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Mad as Fish said:
This is the conundrum I face, for I tend to visit Germany as a guest of organisations where everything is controlled to a certain extent, not quite to North Korean levels but the best face is worn to the outside and there is little opportunity to see under the skin. I probably just get to see the one side of the country, however, the city I was staying in seemed to have acquired more police who were more oraganised and aggresive in their approach to the public, they now seem to operate in fours rather pairs for instance, and there was more of them in the city centre than I seem to recall. I'm guessing this in response a change in criminal or antisocial behaviour.
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Growing up, Germany was the powerhouse, giants in tech, manufacturing etc, powerhouse of Europe, like the old joke directed at George Best, when did it go so wrong... I was surprised to hear people describe Germany in so depressing terms. Did it fall apart under Merkel, her "we can do this" whilst flooding the country with a million refugees... or was its dependence on Russian fuel that has brought Germany to where it is now?
 
Perry said:
Growing up, Germany was the powerhouse, giants in tech, manufacturing etc, powerhouse of Europe, like the old joke directed at George Best, when did it go so wrong... I was surprised to hear people describe Germany in so depressing terms. Did it fall apart under Merkel, her "we can do this" whilst flooding the country with a million refugees... or was its dependence on Russian fuel that has brought Germany to where it is now?
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If anything defined the German powerhouse it was its automotive industry, or that was the most visible part of it anyway. And basically that got greedy and sold its soul to the Chinese.
 
I’ve pointed out that no matter how relentlessly the Clown Worlders pontificate about the importance of the false values and repeat their rhetorical mantras, eventually reality is going to impose itself. And today, Great Britain has officially returned to the economic dark ages of the 1970s due to the way in which free trade and immigration have, much to the surprise of all the mainstream economists, resulted in the exact opposite of economic prosperity:
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They Were Not Good for the Economy - Vox Popoli

I’ve pointed out that no matter how relentlessly the Clown Worlders pontificate about the importance of the false values and repeat their rhetorical mantras, eventually reality is going to impose itself. And today, Great Britain has officially returned to the economic dark ages of the 1970s due...
voxday.net voxday.net
 
Putting glitter on a turd analogy.

The Collapsing Economy - Vox Popoli

All the media reports are breathlessly positive about the success of the Black Friday sales, nearly 10 percent higher than last year. But the media can never be trusted in matters economic, or anything else. Notable that Black Friday sales data shows a 9.1% increase spend from last year. But...
voxday.net voxday.net
 
jpc said:
Putting glitter on a turd analogy.

The Collapsing Economy - Vox Popoli

All the media reports are breathlessly positive about the success of the Black Friday sales, nearly 10 percent higher than last year. But the media can never be trusted in matters economic, or anything else. Notable that Black Friday sales data shows a 9.1% increase spend from last year. But...
voxday.net voxday.net
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Rather an optimistic hope that people will turn back to books as the economic situation worsens, there is Netflix and Youtube in the equation now.
 
My friend is a manager in a major hotel chain in the center of Helsinki. He just told me that their concern will face a catastrophic loss for 2025. The main reason: the disappearance of Russian tourists. They have struggled since 2022, but now the day of reckoning is upon them.Many Finns do not realize it yet, but our current political leaders have killed us. Our economy is already dead. We should open the border asap and pray that Russians come back and leave the euro. But they won't do it. They'd rather kill us. The Finnish economy is a walking dead, and it will, most likely, bury most Finns during the next two years.
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View: https://x.com/mtmalinen/status/1998358551530463463
 
PlunkettsGhost said:

View: https://x.com/mtmalinen/status/1998358551530463463
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I was out in Finland back in June, the hotel we stayed was busy enough, but it was an industrial town out in the middle of the country. And here's the rub, Finland has a lot of industry, it has factories and mills, it hasn't the reliance on Big pharma or tourists that we have. Anyway, Big Pharma is worth 20 times what the tourist industry is here in Ireland, which is why the government doesn't really care much about it.
 
Mad as Fish said:
I was out in Finland back in June, the hotel we stayed was busy enough, but it was an industrial town out in the middle of the country. And here's the rub, Finland has a lot of industry, it has factories and mills, it hasn't the reliance on Big pharma or tourists that we have. Anyway, Big Pharma is worth 20 times what the tourist industry is here in Ireland, which is why the government doesn't really care much about it.
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Until the day that ratio changes.
 

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