Economics

After bleeding EUR 1.5B for 15 years, Volkswagen considers closing down German factories first time in its history, workers threat with a strike

After bleeding EUR 1.5B for 15 years, Volkswagen considers closing down German factories first time in its history, workers threat with a strike

https://www.theguardian.com/business/article/2024/sep/07/an-earthquake-at-volkswagen-and-a-crisis-for-germany

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well you can only produce so many cars, if most of population who can afford one - already got it, then those huge manufacturers are doomed

unless they can offer a 4-wheel that people would want to switch over from anything else

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Yeah and by that logic all those unemployed do not exist anymore when we close our eyes hard enough. 

In my mind we are confusing inputs with outputs here, hence the meme.

in the end, all of the above adds up to a product that people don't need right