Luxury watchmakers resort to state aid as demand falls

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bedlam
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Re: Luxury watchmakers resort to state aid as demand falls

Post by bedlam » September 6th 2024, 8:50pm

They love capitalism until it's not working for them...then suddenly they are socialists.
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Re: Luxury watchmakers resort to state aid as demand falls

Post by WISenheimer » September 7th 2024, 8:04am

smellody wrote: ↑
September 6th 2024, 9:06pm
bedlam wrote: ↑
September 6th 2024, 8:50pm
 They love capitalism until it's not working for them...then suddenly they are socialists.
I don't disagree.
Europe has been sad pathetic larpers since WWI when they had to start relying on American military and economic might to solve their problems.

What a joke. Bailing out luxury product companies.
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Re: Luxury watchmakers resort to state aid as demand falls

Post by jason_recliner » September 7th 2024, 1:15pm

Their manufacturing industry is watches and I am all for government spending to support working class jobs but how long can they afford to do this? I don't think this level of demand is a blip - the ridiculous situation a couple of years ago was the blip.
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