Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
  • Carighan Maconar@lemmy.worldEnglish
    411·
    2 years ago

    Sigh. More importantly, they’re not structured in such a way that they only benefit small and at most medium companies, they apply more or less across the board, which automatically makes the giant megacorps the biggest winners as they can pay the people to figure out how to best exploit this.
    If anything, they should have funded tax breaks to small companies on the backs of VW or Vattenfall or Rheinmetall, or ideally their CEOs and stockholders directly. Fleece the ones who do nothing good, nevermind with their money.

    • SokathHisEyesOpen@lemmy.mlEnglish
      8·
      2 years ago

      And it doesn’t do shit to stimulate the economy. They just buy back all their own stock, hoard their money, and pay people off anyways, while raising their prices. We already saw this whole thing play out multiple times already.

  • Jumi@lemmy.worldEnglish
    92·
    2 years ago

    Another dump on the pile of shit that this country is becoming