Construction costs are currently skyrocketing

Well, 90 percent of the German Dax companies are basically insolvent, as they are over-indebted. Not insolvent yet, not yet.

If you look at the debt of Deutsche Telekom, for example, currently at 132 billion, it is very unhealthy. Little growth, rising financing costs, and very high pension obligations. Cash flow of 8.8 billion euros.

The baker next door has the problem that he cannot continue to go into debt. And if he can no longer prefinance his gas bill and his flour or increase prices accordingly, then it's game over. Telekom simply issues a few new bonds and it goes on. Old debts are rolled over into new ones and the sum is actually irrelevant. Because no one can pay it back anymore.

The state debt of the GDR in 1989 in foreign currencies was just 34 billion DM (17 billion euros) and thus about 10 percent of Telekom. We are not even talking about the FRG. It is supposed to be over 6 trillion with pension obligations, etc.

But that will certainly be inflated away as always. Fiat money sooner or later returns to its intrinsic value – and that is zero.

The national debt of the GDR in 1989 in foreign currencies was just 34 billion DM (17 billion euros) and thus about 10 percent of Telekom. We don’t even talk about the FRG. It is supposed to be over 6 trillion with pension obligations, etc.

From Staatsverschuldung.de:

The national debt of the GDR is a controversial topic because the debts of the GDR are often cited as evidence for the weakness of the socialist economic system as such.

Furthermore, it is a complicated topic because the debt of the GDR is difficult to compare with that of Western countries. First, most enterprises were state-owned, so the debt of the enterprises has to be included in that of the state. And second, the debt level was sharply increased due to the sudden transition to a market economy in 1990.

In 1989, the gross domestic product (GDP) of the GDR amounted to 208 billion € (Source 11).

The amount of debt taken over from the GDR was estimated by the Bundesbank in 1997 at 172 billion € (Source 12). That is 83%, measured against GDP.

Germany currently stands at 66.4% of GDP.
So the GDR was more heavily indebted than we are today...

It probably wasn’t all that rosy after all under the red friends from Moscow.

Since when are corporate debts supposed to appear in government debt? The debts of Telekom also do not appear in the Bundesbank's balance sheet, despite federal participation. So that is nonsense.

Relative to the GDP of 313 billion DM/160 billion EUR for the last year of the GDR (1989), the national debt corresponded to 27.6% of GDP. What the Bundesbank took over in 1997 is absolutely irrelevant. The GDR was not as bankrupt as it was often portrayed in the mostly uninformed West.

And in one respect the GDR was miles ahead. Everything was produced domestically. Except for raw materials, there were hardly any dependencies.

By the way, every working woman was entitled to one paid household day per month in addition to vacation. It was a nice thing, especially for mothers. But that was immediately abolished. It would have been too good. Women also had a completely different status. Children too. But all of that is history just like one of the best education systems in the world. Today we have one of the worst. That's just how it is.

And in one thing the GDR was miles ahead. Everything was produced domestically. Except for raw materials, there were hardly any dependencies.

Yep. That’s why the GDR produced the almost unchanged Trabant, based on the 1958 development status, until 1990, while in the FRG they were already on the 4th generation with the Golf III...

The GDR bought its autarky with 30 years of technical delay.

I wonder how a baker survives who cannot manage 6-8 weeks per year without or with less production. That much has to be planned because his staff have 6 weeks of vacation and you have to reckon with an average of 8 sick days per year. So every employee is out for 8 weeks a year anyway.

That's why most bakeries no longer have real bakers, but let mini-jobbers professionally bake up ;) None of the youth want to stand in the bakery at 2 a.m. anymore, and if the whole operation depends on two bakers, that's also bad. The customer goes to wherever is cheapest anyway.

That's why most bakeries no longer have proper bakers, but instead have part-time workers professionally reheat the goods ;)
Nowadays, none of the youth want to stand in the bakery at 2 a.m. anyway, and if the entire operation depends on just two bakers, that's also problematic. Customers go wherever it's cheapest anyway

Just take away the baker and replace it with a mason, mason, painter, or any other kind of company.