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Why I do not invest or invest as little as possible in Germany has again been very clearly shown in the headlines this week:

• Pension at 70
• The infection protection law of Karl Lauterbach is again only driven by panic, while all neighboring countries around us abolish all measures and declare the pandemic to be over
• The gas levy of up to 5ct/kWh is to be subject to an additional 19% value-added tax

These 3 headlines prove 3 things to me:

• No creativity: Instead of thinking about other measures, the only idea is to increase the retirement age. Looking at other countries and ideas is out of the question in Germany
• German Angst: We are constantly driven by fear and panic, while other countries are optimistic and declare the pandemic over, we continue to hang on to Corona and waste time and resources on more important things
• Gas levy + VAT: We are all experiencing massive price increases in the gas market right now, which we as consumers have to bear. Instead of trying to relieve households and the economy (e.g. through targeted tax cuts), the state continues to enrich itself through the now higher taxes on gas. On top of that, there is now also a tax on a solidarity-based levy, namely the gas levy.

-> Lack of creativity, constant panic and a state that enriches itself everywhere and can't get its neck full. These are all reasons why I do not consider the political and economic conditions in Germany to be sustainable.

I have a few German shares that I am convinced of (Sartorius, Encavis, Allianz), but I would not touch the absolute majority of German shares with a pinch of my hand. And since I started trading in 2013, I have done very well with this decision.

Regardless of the fact that my salary, my pension rights and possibly a house in the future are or will be dependent on Germany. This "overweighting" in Germany should not be further reinforced by one's investments.

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𝐃𝐞𝐮𝐭𝐬𝐜𝐡𝐥𝐚𝐧𝐝 𝐟ä𝐥𝐥𝐭 𝐢𝐧 𝐬𝐞𝐢𝐧𝐞𝐫 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐞𝐧 𝐖𝐞𝐭𝐭𝐛𝐞𝐰𝐞𝐫𝐛𝐬𝐟ä𝐡𝐢𝐠𝐤𝐞𝐢𝐭 𝐞𝐫𝐧𝐞𝐮𝐭 𝐳𝐮𝐫ü𝐜𝐤. A study by the European Center for Digital Competitiveness on the 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐞 𝐖𝐞𝐭𝐭𝐛𝐞𝐰𝐞𝐫𝐛𝐬𝐟ä𝐡𝐢𝐠𝐤𝐞𝐢𝐭 gives Germany a poor report card. According to this study, the Federal Republic has landed in the international comparison for the second time in a row 𝐚𝐮𝐟 𝐝𝐞𝐦 𝐯𝐨𝐫𝐥𝐞𝐭𝐳𝐭𝐞𝐧 𝐏𝐥𝐚𝐭𝐳 𝐝𝐞𝐫 𝐬𝐢𝐞𝐛𝐞𝐧 𝐰𝐢𝐜𝐡𝐭𝐢𝐠𝐬𝐭𝐞𝐧 (𝐆𝟕)industrialized nations.

Countries such as Italy and France, on the other hand, have made up decent ground in the rankings. Compared with the G20 countries (the 20 most important industrialized and emerging countries), we are also far behind in third last place.

In Handelsballt, Philip Meissner, lead author of the study and professor at ESCP Business School in Berlin, complains that "there's a lot of talk about digitization in Germany, but relatively little is happening." The reality in the election campaign looks even worse: In the first TV three-way fight between the candidates for chancellor, the opponents and moderators simply dropped the topic of digitization under the table.

We looked into it and it measures up on the following parameters:

'Ö𝐤𝐨𝐬𝐲𝐬𝐭𝐞𝐦

' Availability of venture capital

' Cost of starting a business

' Time to start a business

' Ease of hiring foreign labor

' Qualifications of graduates

𝐌𝐞𝐧𝐭𝐚𝐥𝐢𝐭ä𝐭

' Digital skills of the labor force

' Attitudes toward entrepreneurial risk

' Diversity of the workforce

' Mobile broadband subscriptions

' Companies embracing breakthrough ideas.

When we look at broadband rollout in Germany, we really wonder how heavy-handed we are in tackling the issue of digitization. What's your take on the issue?

Kind regards Magnus & Sören @ rainbow_stocks 🌈📈