Tag Archives: Industry

German of the day: alles bestens

September 8, 2023 By in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: , , , , , , , Leave a comment

That means everything is fine, cool, hunky-dory.

Falling industrial output for three straight months ain’t no big deal, says German Green Vice Chancellor Robert Habeck. And “not everything is bad,” he added. Wow. That’s actually unbridled optimism for a Green.

Habeck defends German economy as output drops – Vice Chancellor Robert Habeck said Germany remains a “highly attractive location” for investors. But the statistics agency said industrial output fell for a third straight month, and that wasn’t the only negative news.

The lack of Russian gas isn’t your problem, Germany

August 30, 2023 By in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking Tags: , , , , , , , , Leave a comment

It was your willing dependency on it. And your systematic shutdown of reliable energy sources at home.

Green ideology got you here. Now sit back and enjoy it. And remember: You’re setting an example for the rest of the world.

Energy fears spur German industrials to seek investments abroad – Annual business survey finds concern over country’s future without Russian gas.

Nearly a third of German industrial companies are planning to boost production abroad rather than at home amid increasing concern over the country’s future without Russian gas, according to a closely watched annual survey.

The annual “Energy Transition Barometer” by the German Chamber of Commerce and Industry (DIHK) found that 32 per cent of companies surveyed favoured investment abroad over domestic expansion. The figure was double the 16 per cent in last year’s survey.

Englisch of the Day: Guarantee

August 25, 2023 By in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: , , , , , , Leave a comment

This is an assurance that another’s obligation will be fulfilled, or something presented as such security; guaranty. In this case, they mean with taxpayer money.

And the guarantee is that the Germany economy is guaranteed to fall flat on its face if the German government continues its odd obsession with remaining dependent on China as a business partner. It’s recent dependency on Russan gas was just that much fun, I guess.

German guarantees for China investments plummet -document.

The volume of investment guarantees provided by the German government to companies investing in China has collapsed this year, a government document showed, highlighting the impact of Berlin’s efforts to end over-reliance on the country.

Only 51.9 million euros ($56.26 million) in guarantees have been issued so far this year, according to the document seen by Reuters, less than a tenth of the 745.9 million euros in guarantees issued over the whole of last year.

It HAS stopped making cars…

August 1, 2023 By in Hard Facts, Heconomy, Helplessness, Hideology Tags: , , , , , Leave a comment

Real cars. And with that, the fun for Germany has only just begun.

What if Germany stopped making cars? Imagine Volkswagen goes the way of Nokia.

“The future of the vw brand is at stake.” When Thomas Schäfer, the mass-market marque’s newish boss, gave a presentation to his management team in early July, he did not sugarcoat its problems. High costs, falling demand, growing competition—the list goes on. “The roof is on fire,” he warned, echoing one of the most noted alarm calls in recent business history—from Stephen Elop, who in 2011 compared his company to a “burning platform” shortly after taking the helm at Nokia, then the world’s largest maker of mobile phones…

Let’s save the planet!

July 30, 2023 By in Hard Facts, Heconomy, Helplessness, Hideology, Hurt Feelings Tags: , , Leave a comment

By destroying our country’s main pillar of industry.

And thus setting an example for the rest of the world. Of what not to do. Glad we could help. We’re the Greens.

Germany’s auto industry: suppliers’ confidence waning – German car manufacturers and suppliers have been financing the development of new e-car models with profits from the combustion engine business. But this is being cut back more and more. And many fear for their jobs.

Just like Germany reduced its dependency on Russian gas…

July 5, 2023 By in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: , , , , , , , , Leave a comment

Before the war in Ukraine. Not.

What could possibly go wrong this time? China being Germany’s biggest trade partner, I mean.

German industry urges reduced dependency after China export controls –
German industry on Tuesday warned that Europe must become more self-reliant in the hunt for raw materials needed for cleaner, more digital economies, after China caused alarm by announcing restrictions on some metals used for semiconductors.

China’s commerce ministry said on Monday it would require export permits for eight gallium products and six germanium products from Aug. 1 to protect national security.

Save The Planet

June 21, 2023 By in Hard Facts, Heconomy, Helplessness, Hideology Tags: , , , , , , , , Leave a comment

Leave the country.

It’s the only Green thing to do.

German energy prices are so high they’re driving companies to relocate, industry body says…

In May, the German government revealed plans to set aside around 4 billion euros ($4.4 billion) each year to subsidize electricity prices for energy-intensive industries, in an attempt to shield businesses from high electricity prices.

“A lot of family-owned companies … have very operational plans to relocate.”

German Of The Day: Deprimiert

June 9, 2023 By in Hard Facts, Helplessness, Hideology Tags: , , , , , , Leave a comment

That means depressed.

German bosses are depressed – And dissatisfied with the government.

We are at a dangerous point,” worries Arndt Kirchhoff, boss of the employers’ association in North Rhine-Westphalia and one of three brothers who run Kirchhoff, a maker of car components. Germany recently slipped into a technical recession. Many companies are investing abroad rather than at home. Chinese consumers are importing less after the lifting of pandemic restrictions than German manufacturers had been hoping. And Ukraine’s counter-offensive against Russian invaders is injecting uncertainty into Germany’s backyard.

German Of The Day: Hiobsbotschaft

May 9, 2023 By in Hard Facts, Heconomy, Helplessness, Hurt Feelings Tags: , , , , , , Leave a comment

Literally, “Job of the Bible’s message.” Bad news, in other words. Evil tidings.

HIOBSBOTSCHAFT FOR GERMAN ECONOMY: Industrial Production Surprisingly Down Sharply.

Germany’s Industrial Plunge Revives Winter Recession Fears – German industrial production sank by the most in a year — raising the risk that Europe’s largest economy slipped into a winter recession.

Output dropped 3.4% in March, more than the 1.5% decline economists had predicted in a Bloomberg survey. The decrease was especially pronounced in the automotive sector, according to the statistics office.

Boost Your Defense Industry

April 7, 2023 By in Habitudes, Hard Facts, Heconomy, Hypocrisy Tags: , , , , , , , Leave a comment

Not your defense.

That’s how it’s always been in today’s Germany. Search here (in the upper left) for “beautiful German weapon sale” to get just a few examples.

Thanks to Putin, Business Is Booming for Germany’s Defense Contractors – As governments rearm in response to Russia’s invasion of Ukraine, the German arms industry is a prime beneficiary, and that’s making some of the public uncomfortable.

PS: Happy Good Friday to that.