Why Germany is fooked ... Why Germany is fooked ...
Page 1 of 7 123 ... LastLast
Posts 1 to 10 of 69
  1. #1

    Better than AtW

    sasguru - scorchio!


    Join Date
    Jul 2005
    Posts
    35,737

    Default Why Germany is fooked ...

    Over reliance on motor manufacturing.
    In spite of atWat's simplistic view of the world, German labour costs are too high for them to continue making cars.
    And the high end luxury models on which they basically rely do not yet have mass markets in the emerging world. I read somewhere that Britain is the largest European importer of BMWs.
    If we go down so do they.
    And in a recession what will they do with all that plant and machinery?
    The clever City bods who lose their jobs are much more adaptable than an auto worker in Germany - so Germany will have much more to do.
    Hard Brexit now!
    #prayfornodeal

  2. #2

    More fingers than teeth

    DodgyAgent is NOT a disguised employee


    Join Date
    Jul 2005
    Posts
    17,455

    Default

    Quote Originally Posted by sasguru View Post
    Over reliance on motor manufacturing.
    In spite of atWat's simplistic view of the world, German labour costs are too high for them to continue making cars.
    And the high end luxury models on which they basically rely do not yet have mass markets in the emerging world. I read somewhere that Britain is the largest European importer of BMWs.
    If we go down so do they.
    And in a recession what will they do with all that plant and machinery?
    The clever City bods who lose their jobs are much more adaptable than an auto worker in Germany - so Germany will have much more to do.
    AND half their customers are down the swanny thanks to Porsche shafting their hedge funds

  3. #3

    Fingers like lightning

    stingman123 has no reputation

    stingman123's Avatar
    Join Date
    Aug 2008
    Posts
    908

    Default

    And all them germans..........
    Who has time? Who has time? But then if we do not ever take time, how can we ever have time?

  4. #4

    Better than AtW

    sasguru - scorchio!


    Join Date
    Jul 2005
    Posts
    35,737

    Default

    Quote Originally Posted by DodgyAgent View Post
    AND half their customers are down the swanny thanks to Porsche shafting their hedge funds
    The irony of this will confuse atW no end
    Hard Brexit now!
    #prayfornodeal

  5. #5

    Godlike

    milanbenes 's job has never been outsourced


    Join Date
    Jul 2005
    Posts
    7,975

    Default

    Sas,

    is _that_ the best you can come up with

    if I were you I'd remove that post, after reading that I have a lower feeling of your intellect than before !

    your call

    Milan.

  6. #6

    More fingers than teeth

    DodgyAgent is NOT a disguised employee


    Join Date
    Jul 2005
    Posts
    17,455

    Default

    Quote Originally Posted by milanbenes View Post
    Sas,

    is _that_ the best you can come up with

    if I were you I'd remove that post, after reading that I have a lower feeling of your intellect than before !

    your call

    Milan.
    try and explain to him why Milan instead of insulting his intellect

  7. #7

    Godlike

    expat has more data than eek


    Join Date
    Jul 2005
    Location
    Brutopia
    Posts
    8,320

    Default

    Quote Originally Posted by DodgyAgent View Post
    AND half their customers are down the swanny thanks to Porsche shafting their hedge funds

  8. #8

    Froglike

    Pondlife - scorchio!

    Pondlife's Avatar
    Join Date
    May 2006
    Location
    Euroland
    Posts
    13,627

    Default

    > Pondlife makes himself a cup of tea and sits down to enjoy this.

  9. #9

    My post count is Majestic

    AtW is a fount of knowledge

    AtW's Avatar
    Join Date
    Jul 2005
    Posts
    51,392

    Default

    Quote Originally Posted by sasguru View Post
    German labour costs are too high for them to continue making cars.
    They still make cars that are in demand and UK doesn't (meaning mass production). I am not sure UK would even have Bentley or Rolls Royce cars going without Germans, and Aston Martin's future is a tad suspect. Heck, Indians now own Land Rover and Jaguar and the other cars made in the UK are basically assembled from designes done elsewhere - France, Japan.

    And now you claim German labour costs too high? Maybe so, but they kept their industry until now and I think they got a good chance to keep it further now that people are re-evaluating whether bulltulipers from the City who build bubbles on debt are actually worth having around at all.

    Siemens in Germany got full book of orders for wind turbines until like 2012, other manufacturing there works fine, and you won't hear them outsourcing this to India to cut costs - they made the right choice and I think their nation/Govt has got what it takes to win this battle, so I doubt they are fooked at all, if anything I think UK is fooked about right now - I can't really think of any meaningful large scale export that can benefit from dropping pound now, unlike Germany who'd do well of euro being weaker against dollar.

  10. #10

    Godlike

    milanbenes 's job has never been outsourced


    Join Date
    Jul 2005
    Posts
    7,975

    Default

    DA,

    I'll ignore questioning your 'Teacher mode',

    anybody with any knowledge of the German economy will read Sas's post and immediately ignore anything else posted by Sas because in the above post he has intimately revealed his naivety.

    Therefore, my suggestion remains, if Sas wishes to maintain a higher intellectual profile than the one represented by that post, he should edit the post.

    Milan.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •