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Is this the end of Made in Europe?
- donnie12345 3y agoThere were 8,400 corporate insolvencies in Germany from January to June, up 16.2% from the first half of 2022 and the biggest percentage increase in more than 20 years
- donnie12345 3y agoWas the war with Russia worth it? I'm not defending Russia but just want to say that EU should've delt the situation in more pragmatic way.
- melling 3y ago“more pragmatic way” What other options did you have in mind?
- donnie12345 3y agohttps://www.reuters.com/world/europe/pope-hopes-send-peace-envoys-kyiv-moscow-report-2023-05-18/ https://www.reuters.com/world/europe/pope-hopes-send-peace-e... Look what pope was doing.
- smoldesu 3y agoAnd how has Moscow reacted?
- hunglee2 3y agoEnergy intensive manufacturing industries cannot remain competitive importing LNG from the US at 50% more than the previous cost of Russian gas, so German companies will have to relocate to where the energy is cheaper (US) or labour cost is cheaper (China) in order to stay in business at all. With alternative energy sources at least 10-15 years away, the German people will unfortunately, but understandably, seek alternative political options (AfD...etc)
- donnie12345 3y agoThey should have handled the situation in a more pragmatic way. Germany and Europe are the big losers in this war
- beardyw 3y agoDon't make up your title.
- smoldesu 3y agoFlag 'em when you see 'em.