A global recession is on the horizon - please read OP for mod warning

I think your quote says the statistic is [also] about German companies investing elsewhere instead of Germany? Have I misread? Was there something else in article about "the Chinese" and "Arabs" (?) - if so please post!

Anyway as have said before about such news the less the "the Chinese" (i.e the CCP) and "the Arabs" invest (or buy up) in Europe and the less Europeans + European businesses invest there, the better for us all IMO.

More news of disconnection either way is a positive I believe so keep that coming BRICSter!

edit: Also I think the only people who have had assets taken off them and ownership signed over to others (seized) post invasion of Ukraine are some Western companies that dealt with Russia e.g. Irish aircraft lessors who had their aircraft robbed. Russian assets in West are still in limbo, and afaik have not been seized yet unfortunately.

if I was young again and ambitious then I'd find it hard not to go East

I was blown away by China and Vietnam when I went there - Shanghai literally makes london feel smaller than Dublin

the opportunities are insane (though obviously there is a political angle that is less attractive)

fair, but if you're 25 you just need 20 good years in china to have built quite a good life I suspect

Ive worked in Honk Kong and Singapore for a few years. Through my MNC job in Dublin.

Immensely enjoyed the experiences.

I was middle & senior management for my stints and was an SME on the projects/teams I was leading.

I'm not sure what exactly would tempt a 22yo straight out of college to go over though. Certainly not in my line of work anyway(finance). Hours are long, work load is heavy, wages/cost of living is similar.

um, okay, you seem a bit passive aggressive about these things

if you've never been there it's hard to grasp

but sure, it's certainly not a utopia ... though for young people today there's really no easy street

China responds to us restrictions

https://www.ft.com/content/2fa865a7-176f-4292-8842-38bb6470d732

Most successful businesses start in a recession.

IME 100% correct, people mistake a specialised intelligence/success with a type of omniscience. Americans particularly susceptible because they think money is analogous to intelligence

I remember chatting to a v successful 1bln+ investor who told me that "surgery isn't that difficult and surgeons just do the years of training to make it exclusive so they can charge more" ... I'll never forget it, I did that face of the young girl in the car GIF. I was quite young at that time, working in private banking and that single moment changed my perspective on 'the wealthy'.

A bit like the 'top' RTE 'Talent' - they believe their own hype and bullshit.

Same also can be said for people on the other end of the spectrum too. I see a lot of up their own arse scientists/high prominent NGO officials with so called 'sway' not willing to believe or accept newly published independent research as it doesn't align with their beliefs and ideologies.

Eurozone PPI now 1.5% lower than 12 months ago. Some rollercoaster ride that was.

an ECB policy error is about as sure as sunday follows saturday

they're as married now to rate hikes as they were to no rate hikes about a year ago 😂

Number of job opportunities going down. No surprise

https://m.independent.ie/irish-news/sharp-fall-in-professional-job-vacancies-due-to-inflation-and-housing-market-new-report-finds/a471677653.html

“There were 8,400 corporate insolvencies in Germany from January to June, up 16.2% from the first half of 2022 and the biggest percentage increase in more than 20 years.”

Ireland had the highest lay offs in Europe for tech roles.

Be interesting to see the gross employment figures - are those people finding new jobs in Ireland or are they leaving?

Much of the tech sector in Ireland relies heavily on immigrants, so many could job search in the rest of Europe.