EY's bombshell study exposes the double catastrophe: 45% of industries fleeing abroad while unemployment numbers surge. Only 13% of manufacturers dare to expand domestically, as bureaucratic warfare drives job creators overseas. The labor market is now showing the inevitable consequences, with rising unemployment rates signaling the transformation into a green socialist paradise.
Key revelations:
  • Industrial exodus accelerating under green agenda
  • Unemployment climbing as manufacturers flee
  • Skilled workers facing uncertain future
  • Job market deteriorating under regulatory burden
  • Double hit: Capital flight + rising joblessness
47 sats \ 1 reply \ @jddska 1 Nov
It's sad how all those northern european countries are full of very smart people, but those same smart people often screw up everything.
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They suffer from 'socialism'. It's a dangerous brain disease
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Blaming "the green agenda", a political party or any single politician for this is cope. The problems in Germany (and in the EU) are much deeper and systematic. I think that most of the pain is still ahead.
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What is most ironic about this situation is that many of these companies migrate to a country with the radical left due to the low cost of investment due to the lower tax rate. German investments in China have broken records, reaching an unprecedented 7.3 billion euros (8.2 billion US dollars) in the first half of 2024, according to the latest data from Germany's Central Bank.
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Put your money