4 ms·
the point is that healthcare costs have to be socialized – if you put the burden on the employer, you necessarily end up with the US system.
by m0lecules 5y ago
the point is that healthcare costs have to be socialized – if you put the burden on the employer, you necessarily end up with the US system.
- zmix 5y agoIn Germany, the employer must pay half of the monthly healtcare plan and the employee pays the other half. Goes like this since decades in one of the strongest economies of the world. Of course, Apple is more worth than the whole DAX...
- xwolfi 5y agoBe careful of market cap numbers, they hide information and are almost meaningless: they don't describe volume behavior. If suddenly people realized Apple had to be sold as fast as possible, most of that value would evaporate to reach a more reasonable tangible asset value. It's possible German stocks are well priced, in a regulated, slow and rational market that cares about fitting the price with the value of the company, and would hold most of their current market cap much more than Apple, were it liquidated.
- ChuckNorris89 5y ago>It's possible German stocks are well priced, in a regulated, slow and rational market that cares about fitting the price with the value of the company LOL, well regulated and rational my ass. The Deutsche Bank and Wirecard scandals (puls numerous more) proved the German government is just as corrupt when it comes to manipulating the market and threatening honest journalists, so that some rich and well connected scumbags can get even more obscenely rich. I've worked in several western countries but never saw more high-level corporate corruption than in Germany.
- zmix 5y ago> Wirecard scandal Oh yes, the regulation (BaFin?) totally was out of order on that one!
- burntoutfire 5y agoDAX P/E at the end of 2020 was 27, while Apple's was 35.5. Higher, but not shockingly so.
- zmix 5y agoThanks for that insight. When it comes to Stocks & Co. I don't know much, if anything. I find it always interesting to read information, that puts things into a relative perspective. The information I had was from an infographic I saw a few weeks ago.