Monday, October 14, 2024

15 Oct 2024: Six German News Stories

 1.  Germany's BND (their version of the CIA) chief stood up yesterday and said 'Russia will soon be capable of attacking NATO.'

BS?  Well....tank and APC-wise....no, there's no potential left for a offensive against NATO or for that matter....Germany.  Missile-wise?  There's still some potential left.  

Army manpower downsized?  That's another matter....Russia has probably given up 200,000 men for the war,  and there's not a unlimited number left.

2.  Trend reported yesterday for Germany....cash is trending less, and less.  Cards and cellphone-charge....more popular.

3.  SPD Party talking about a E-car 'bonus' (for 2025).  Even if you gave a 4,000 Euro deal/bonus....I don't think it'll flip public perception into buying E-cars.  Even for my German wife.....you could improve the bonus to 8k Euro, and it wouldn't matter.

4.  My wife works, and the company does well (still making a profit in 2024).  The 'boss' went to some political meeting in the past week....getting a financial prospective from them for 2025.  Key note?  For 2025....you (as a company and employee) need to give 100-percent, because it's going to be a fairly rough year. Probably wasn't the kind of report you wanted to hear.

5.  Commerzbank 'boss' says....no economic recovery signs in the near-future of Germany.

6. Brose in Germany....does the car-parts business.  They say they are cutting around 1,000 jobs shortly.

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