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
    2·
    23 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.