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.

  • doodledup@lemmy.worldEnglish
    529·
    4 days ago

    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.

    • Hotznplotzn@lemmy.sdf.orgEnglish
      211·
      4 days ago

      @doodledup@lemmy.world

      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.

        • Hotznplotzn@lemmy.sdf.orgEnglish
          31·
          2 days ago

          @doodledup@lemmy.world

          When you share a source, you should read it before making conclusions based on the headline.

          An English translation about the interview you linked:

          Of the Germans who decide to move abroad, more than one in five respondents expressed the intention to live abroad permanently. Half of those surveyed, on the other hand, are planning a temporary stay abroad of up to five years in most cases […]

          What is surprising in our findings is indeed the very high average level of qualifications of the emigrants, but our analyses show hardly any evidence of a permanent “brain drain” from Germany […]

          Emphasis mine.

          • doodledup@lemmy.worldEnglish
            3·
            14 hours ago

            “The fraction of the people that were asked”. Who was asked? Also, how do you ask people that have already emigrated to another country and don’t plan to come back? Questionable methods. I’m only interested in the hard facts.

            You can turn and twist it as much as you want. Fact is, there is a netto exodus of academics for economic reasons. And this has been going on for a while and not just yesterday.

            • Hotznplotzn@lemmy.sdf.orgEnglish
              1·
              5 hours ago

              Fact is, there is a netto exodus of academics for economic reasons.

              Where do they go? Do you have any hard facts?

              • doodledup@lemmy.worldEnglish
                1·
                2 hours ago

                USA, Switzerland and Austria accounts for the majority of target countries. Around 60% if I remember correctly, correct me on that number if I’m wrong. Might be more than that. Emigration for economic reasons checks out though.

                • Hotznplotzn@lemmy.sdf.orgEnglish
                  1·
                  2 hours ago

                  … if I remember correctly, correct me on that number if I’m wrong.

                  First, you post sources that contradict your own claims, and now you ‘remember’ numbers. I already corrected you, in part by using your own sources.

                  Such a debate is waste of time, bro. I end this discussion.

    • albert180@piefed.socialEnglish
      81·
      4 days ago

      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

      • doodledup@lemmy.worldEnglish
        22·
        2 days ago

        This is the most populistic response. You could share one source at least.

    • randomname@scribe.disroot.orgEnglish
      71·
      4 days ago

      Germany is not coming back.

      Economic forecast for Germany

      TLDR:

      • Economic activity is expected to stagnate in 2025 due to trade tensions weighing on exports
      • Private consumption is nevertheless projected to expand slightly in 2025, boosted by increases in purchasing power and lower interest rates
      • Investment is expected to stagnate in 2025 - also related to the elevated geopolitical uncertainty
      • In 2026, growth is projected to rebound to 1.1%, as domestic demand strengthens, driven by continued consumption growth and a gradual recovery in investment.
      • (Note that government spending -especially infrastructure and defense spending- will have a positive effect on GDP growth in 2025 and 2026, but are not yet included in this forecast as the government has not yet detailed its intentions.)
      • doodledup@lemmy.worldEnglish
        2·
        14 hours ago

        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.