Not really surprising as we now see the delayed covid bankruptcies since the rules were loosened back then and are now back in place
Same in Australia. It’s just that lots of zombie companies continued to operate through Covid and can’t manage now that costs have increased while the temporary relief and rule laxation cease.
And now it is politically bankrupt, too.
Not surprising. Germany is the least desireble country to run a business or be an employee right now. And it’s only going to get worse when the government goes bankrupt aswell. I’m already looking for migration opportunities.
I’m already looking for migration opportunities.
Hun, you go ahead and do that. Complaining and being unhappy is a german pasttime, but every single person taking that elsewhere is a personal relief for me. We need to do shit to get this thing back on track.
We really need to look at the good side of things. Every time anybody suggests any sort of change, Germans are going to focus on all the bad parts of it. In some ways that is good, as the downsides are known, but way too often it ends up with good ideas being shut down, just because they have some negative side effects.
Are you talking about ePA? Because this is how you leak a lot of sensitive data into all the wrong hands, including hostile countries like the US (central storage in US company clouds) or opportunistic hackers (illegitimate and uncontrolled access to patient data).
I agree that very often stuff is over discussed, but sometimes some garbage solution is deployed that really should not have happened.
They should first repair streets, bridges and schools, and then maybe hire some proper IT specialists before pushing the digitization, Germany is maybe the land of the engineers, but most definitely not of the software engineers. At least the good ones certainly do not end up working for public infrastructure.
The ePA is not that much of a garbage solution to be honest. It lower bureaucracy a lot and is run and developed by a German based non commerical organization. So both problems of US data storage and security flaws can be fixed. Indeed Gematik has promised to do just that and has actually released some patches making the hacks at least harder. So they are working on the security problems.
The proper solution is to fix the problems, instead the usual German solution is to end the entire project and restart. For software that means years of development and in the end they usually still have security problems, just different ones. Really Germany is way behind in that field and needs to catch up.
But it is not the only area this sort of stuff happens in. Take German railways for example. Probably the best case is the Rheintalbahn, which connects to the Gotthard Base Tunnel in Switzerland. The Swiss managed to drill the longest railway tunnel in the world faster, then Germany managed to built the connection on flat land. That connection is still not fully operational and will remain so for decades. Then you have things like Y-Trasse, which everybody knows is necessary, but nobody wants to give the go ahead.
Another engineering field is the electricity grid. Everybody knows additional power lines are needed between north and south Germany. Those got delayed for ages, due to being “ugly”.
And do not get me started on the Bundeswehr.
I’m already looking for migration opportunities.
Where?
Mars. /s
Oh I’ve heard some billionaire was planning to go there too, with his kingdom. Maybe pick a different planet.
when the government goes bankrupt aswell
the government cannot go bankrupt
Right. Tell that Argentinia, Greece or Ecuador.
a government that prints its own money cannot go bankrupt.
They don’t print their own money.
So what do you call the process of selling government bonds then?
“Selling bonds” and not “printing money”.
Emitting government bonds is literally how governments print money.
