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> our system actively discourages these transactions When a foreign company is building a factory, even with tax breaks it's fairly easy to see how it's an inv
by simgt 2y ago
> our system actively discourages these transactions
When a foreign company is building a factory, even with tax breaks it's fairly easy to see how it's an investment. I'm less convinced when it's about buying existing businesses, if they are profitable why would you want the profits to be in the control of a foreign entity?
Whether they are initially profitable or not, we've seen what happens in other fields and in particular the industry: after a couple years, the businesses are dismantled and sold for parts.
- noduerme 2y agoSo what? This is a global economy. If they don't sell the company, they can offshore the labor anyway. If they sell it, you end up with money in Germany and at least a few newly rich founders who will want to start more local companies.