Apparently all those migrants did not, in fact, turn out to be good for the economy:
Germany has recorded its highest number of corporate bankruptcies in more than two decades, with nearly 5,000 companies filing for insolvency in the second quarter of 2026, according to the Halle Institute for Economic Research (IWH).
A total of 4,996 companies filed for insolvency in April-June, up 9% from the previous quarter and marking the highest second-quarter figure since 2005, the institute said in a report published on Thursday.
The increase spanned almost all major sectors, including construction, real estate, trade, hospitality, and services, affecting around 45,500 jobs.
In June alone, 1,702 companies filed for insolvency, 20% more than a year earlier and 80% above the pre-pandemic average for the month.
The fundamental problem with all the Smart Boy reasoning about things is that they always try to reduce everything to a simple binary with no tangents or consequences. Even now, as services are overextended, housing prices are shooting through the roof, and unemployment is rising, you will hear the government policy-makers mindlessly intoning “we need more immigrants for the labor force”. And less-intellectually challenged ones will try to add a caveat about only “high-skill labor” or some other such nonsense.
But the reality is, has always been, and will always be that a high-skill foreign laborer comes attached with a low-skill wife, several useless children, three criminal cousins and two sets of useless parents. Except when the high-skill foreign laborer is coming from a similarly-advanced and compatible culture, the net impact is usually very negative, as we’re now seeing in Germany, the UK, the United States, and even Japan.
When Korean immigration into Japan continues to be an observable problem 70 years after the fact, there is no chance that the various third-world immigrations into the European world are going to end well for anyone. They never should have been permitted in the first place, and the ultimate responsibility for the inevitable outcome rests with those who permitted and encouraged it.