3 ms·
No company invests billions into industry projects with that kind of political uncertainty. You can see it in the numbers: BASF stopped basically all investment
by umpalumpaaa 2mo ago
No company invests billions into industry projects with that kind of political uncertainty. You can see it in the numbers: BASF stopped basically all investments in Germany. You cannot bet your whole company on a tax cut that was recently introduced and is already scheduled to disappear.
- tfourb 2mo agoManagers bet their companies on more stupid stuff all the time. Elon Musk just bet SpaceX and Twitter on datacenters in space … In the political reality of Germany there is literally 0 chance that these tax cuts won’t be extended. Low investment by BASF has many reasons, but their inability to get politicians to extend that tax cut isn’t one of them.