Oddbean new post about | logout
▲ ▼
sooly | 4 days ago (raw) | export | reply | flag +1 
 🇩🇪 #Germany is experiencing its worst order shortage since the 2009 financial crisis, with 41.5% of companies reporting a lack of orders in October 2024, up from 39.4% in July. The manufacturing sector is particularly hard hit, with nearly half (47.7%) of all companies reporting order shortages.
Of course without forgetting that they sold all their #Bitcoin 🤡
▲ ▼
dshf | 4 days ago (raw) | root | parent | reply | flag +1 
 Everything is going to be fine as they have got plenty of cheap energy from reliable sources so that their manufacturing can expand … wait, what?

Damn, maybe there is still hope that EUR will weaken making their products competitive on the markets. Germans will appreciate it and gladly accept their EUR savings goin to shit, even without negative interest rates which ECB will gladly reinrtroduce soon … wait, what?

At least Germany is as it always was safe and well organized country … wait, what?

🫡🤡💩🖕
▲ ▼
sooly | 4 days ago (raw) | root | parent | reply | flag 
 They will be happy and will own nothing 🤡