|
Post by bancroft on Mar 18, 2024 21:06:44 GMT
SME Germans business not investing and thinking of selling up....... trouble ahead. 'Roughly three million family-run businesses have been reported to have seen critical investments in new technologies as unfeasible or not worth the trouble, due to stiff economic headwinds, elevated borrowing costs and a proliferation of red tape.' Red more here www.stationgossip.com/2024/03/germanys-economic-backbone-at-breaking.html
|
|
|
Post by johnofgwent on Mar 19, 2024 8:00:08 GMT
The opening article paints a picture of 'family run businesses' failing to 'invest' in 'vital emerging technology's but if you click the link to that claim you find the utterly horrific news that a maker of dry ageing cabinets sold for display of meat in restaurants that rip the customers off with pomposity, and a company who stole the name of a reputable engineering outfit and used the ripoff company to make machines that use four kilowatts of electricity to put three of heat in your home while turning your garden into an ice tundra have been rumbled by the Swabian hausfraus and are heading for a crash and burn
These sort of firms were rumbled in the UK years ago. Why have the Germans taken so long...
|
|
|
Post by bancroft on Mar 19, 2024 15:03:34 GMT
What they are saying is demand is falling and with things like red tape they don't see the point anymore.
One like this one is winding down in Germany and going to California where restaurants like his food technology.
'Now, to mitigate some of the business he’s losing in Germany, Cyris has begun moving part of his business to the U.S. under the brand Aging Room. He's now selling dry-age beef rooms to fine-dining restaurants and butchers in states including California and Florida and is exploring options for getting an investor on board. "Invented in Germany, made in the U.S., might be our way forward," is his new battlecry.'
|
|
|
Post by johnofgwent on Mar 20, 2024 7:12:55 GMT
What they are saying is demand is falling and with things like red tape they don't see the point anymore. One like this one is winding down in Germany and going to California where restaurants like his food technology. 'Now, to mitigate some of the business he’s losing in Germany, Cyris has begun moving part of his business to the U.S. under the brand Aging Room. He's now selling dry-age beef rooms to fine-dining restaurants and butchers in states including California and Florida and is exploring options for getting an investor on board. "Invented in Germany, made in the U.S., might be our way forward," is his new battlecry.' Ok, but again, in reality what we are seeing here is little more than 'makers of things demanded by high value copious consumption are having a hard time in a Germany whose former Swabian Hausfrau invited any rubber boat migrant to come aboard the lifestyle is luxurious, and now has to go seek their fortune in a land founded on the principle that 'money talks and shit walks in the gutter until it drops dead because it can't afford the healthcare' I still don't see how these firms whose life depends on a population with more money than they know what to do with can be described as 'vital' in the way they are in the article. These sort of machines are, after all, only fitted in the sort of 'restaurant' that features the sort of cooking that would demand a month's wages from me now and would have been at least ten hour's of my invoice able time when I was at the height of my freelance career and would happily have handed over five hours worth for whatever culinary delights that brought, and often DID Those sort of places went under the moment Rishi said any company director was on their fucking own as far as plague support was concerned, which is why they went under.
|
|
|
Post by bancroft on Mar 20, 2024 10:36:14 GMT
Yes a fair point that is was COV-ID, I think they thought they could ride it out.
|
|