> As USA is the main destination for IPO
Why do you think that might be? Perhaps the Germans could make their IPOs more business friendly, so they have no reason to flee.
Why do you think that might be? Perhaps the Germans could make their IPOs more business friendly, so they have no reason to flee.
This kind of rethorical question is annoying. If you have an opinion, state it.
> Perhaps the Germans could make their IPOs more business friendly
The main reason companies tend to get listed in the US (or, in the case of many large existing companies, to get listed there on top of their existing listing in their home country) is that the US stock market is the largest in the world, and listing there means easier access to more would-be buyers, and therefore better market capitalization.
I suspect your advice to German policymakers wasn't "somehow make Frankfurt the largest trading place in the world", but that's litterally what it would take.
My opinion is obvious. Not as business friendly as the US. Make Germany a more attractive place for business than the US.
Many companies will float in New York but also have secondary listings in their home country.
If they created a single EU wide stock market it would compete much better.
This will cost for a while and then work again.
Nope, it's thanks to loosing competitiveness in some key sectors.
Trump and Putin are the convenient scapegoats but it's not Trump and Putin's fault the Xiaomi SU7 is faster and cheaper than a Porsche. It's not Trump and Putin's fault that Germany doesn't have a strong software/service industry. Germany's lack of innovation in new tech is finally catching up with them. Also Trump and Putin didn't force Germany to tie it's economy to Russian gas and invest in copper Internet instead of fiber, that was Schröder, a German. Trump was actually warning Germany about this being a risk and they laughed in his face. Who's laughing now?
Germany's economy is built on outdated businesses models around selling expensively manufactured niche products by expensive unionized workers protected by paperwork and bureaucracy that don't work in 2020s anymore when US owns the software industry and China, Korea and Taiwan the hardware industry who aren't bogged down by unions.
They've been outcompeted and now are looking for outsider to blame for their own short sighted mistakes where they chased a quick buck at all cost at the expense of the future.
That's why working class people are angry and feel broke despite the constant "line goes up" narrative.
They were shocked at how easy it was.
I'm not terribly familiar with the business environment in Germany, but I hear things like it's really hard to fire someone.