How is the situation?
Monday, November 17th, 2008Recently I was asked by a friend about our situation here in Germany…..
Is your economy really going down that much actually? We hear a lot of bad things about here … she said!
Now honestly …. I was surprised! Sure, our news here are full with bad news about banks and car industry are doing worse actually. But being asked about by some oversea friend was surprisingly new for me though.
It is a fact that global world economy is doing worse and we Germans are part of it. As a major export nation the actual dollar weakness is indeed a problem for us and our industry. Banks having money issues is at least for my generation a totally new experience. And finally an old, big and set company like Adam Opel being concerned about the big Mother General Motors behind the pond could be the issue for a possible final disaster is for sure special in itself.
Now with a lot of people complaining about self ruling forces of the markets have failed, now looking for governments to overtake a more dominant positions ruling managers and companies, I couldn’t say I’m really feeling happy about!
But being asked and even after thinking about, I would say we are concerned …. Doing worse is different!
Nevertheless, we all are connected within one big economically network and I deeply hope situation will improve soon for all again.
