small entrepreneurs being able to pursuit their idea are essential for the creativity of an economy – established big companies are like big ships: they are pretty hard to change and adapt – so it is no “wonder” that the big US but also German car manufacturers are in serious trouble over the lack of allowed creativity.

Apple, Google all these companies started out in garage size – provided the funding – they were able to grow into the BigData monsters that we are both feeding and battling on a daily basis.

not only Tesla but a electric garage car company from CROATIA (!) is now – literately – overtaking Ferrari:

and they already have the successor to this “electric rocket”: The Concept S is a lighter, more powerful, more aerodynamic and track-oriented iteration of the Concept One.

The electric motors in the Concept S can generate 1,384 hp (1,032 kW), enabling the car to accelerate

from 0–100 km/h (0–62 mph) in just 2.5 seconds

and attain a top speed of 227 mph (365 km/h).

“proves EVs can be spectacular to drive”.[31]

(src: Wikipedia.org)

a good indicator if a economy is working or not: how happy are the  self employed people

Dying of Greek companies slowed down 2013 to 2016 just to rise again in 2017.

https://www.creditreform.de/fileadmin/user_upload/crefo/download_de/news_termine/wirtschaftsforschung/insolvenzen-europa/analyse_EU-2017-18.pdf
https://www.creditreform.de/fileadmin/user_upload/crefo/download_de/news_termine/wirtschaftsforschung/insolvenzen-europa/analyse_EU-2017-18.pdf, Page2

Dying of Greek companies slowed down 2013 to 2016 just to rise again in 2017.

https://data.oecd.org/chart/5vAa
https://data.oecd.org/chart/5vAa

… self employment rate is and was pretty low in USA, (6.3%) compared to other countries.

It has been pretty high in Greece but is going down steadily, as it is in most countries except: United Kingdom, Netherlands and Chile.

i can only speak for Germany:

  • you really DO NOT WANT to be self employed in Germany – unless you found a massive reservoir of oil in your garden (have at least 300.000€ of cash flow a year)
  • In Germany being self employed unfortunately worsens your legal position “automatically” and causes “bureaucratic overhead” towards health insurance, tax, loans, unemployment guarantees and so on and so forth.
    • tax is complicated and high 40% on income
    • loans? what loans? if you do not want to gamble with your home as security
    • as employee you do not risk your home, as self employed you do
  • not even Dentists want to be self employed anymore:
    • most people, prefer being without job, than starting a company
    • even nowadays fresh from university Dentists (one of the (still) best paid self-employed healthcare jobs in Germany) prefer to become employees in a big dental practice, instead of taking on the risk of a huge loan (0.5million€ at least) to start their own dental practice.

If the state / the EU is not propping up legal position / privileges and simplifies the tax and loan laws for entrepreneurs, it is not hard to predict, that self-employment-rates will continue down.

One proposal would be:

  • if you want an more innovative economy, if you are creative and believe in an idea you have and want to start your own company and maybe create jobs:
    • send in your concept and how much money you need to “the EU” (whoever feels responsible there)
    • if they like your concept they should provide you with a 0% loan over 30 years pay back when you want, no real estate securities needed
    • first 3 years you do not pay taxes at all

… then you can “find out” if “the market” and the economic conditions the market is in right now (not the best shape) accepts your business idea – or not – without risking anything.

Not exactly what you would like to see from a banker’s perspective:

  • if nobody is taking loans
  • if no bank is providing loans with conditions interesting to people

You can call it a crisis.

Copying bad US-ideas, that already have proven wrong:

looming doom – Germany now allows more privatization of it’s healthcare

Lobby driven politicians changed 3 words in a law – now Saudi Arabia can buy German hospitals and privatize them for maximum profit – nobody can compete with players with this much of cash.

Not exactly what you want for a healthcare system – it is NO NEWS that privatization of healthcare worsens healthcare in quality and increases it’s costs. (the exact opposite is propagated by lobbyists).

But who cares – surely not our politicians who play dumb and stupid.

If you do not believe me, please study the case “health care system USA vs Canada” as an example.

wow – so private health care system stems from one main reason: redistribution of wealth.

or in other words: rich people do not want to “lose” one penny more than absolutely necessary to poorer people – because being greedy is/was what made them rich in the first place.

now how many people in a society you can categorize as rich? It is probably 1-10%.

so if democracy was working the will of the 90% would weigh more than that of 1-10%.

so surely a lot of countries that call themselves democratic are by no measure democratic and should stop accusing dictatorships of being undemocratic.

a human live, governments and laws are about money,

but they should not ONLY be about money

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