Rate cuts do not revive demand when companies face genuine demand problems: Volkswagen shutting down factories due to lack of demand will not restart operations because of a 50 basis point ECB rate cut.
factualpending
Speaker
Steve Van MeterEvidence Quote
“a company like vwag talking about shutting an entire Factory down in Germany because they don't have demand if the ECB says hey we're going to cut another 50 basis points do you think the executives and V MERS say oh 50 basis points well never mind turn the factory back on”
Created: 8/11/2026, 1:10:41 AM
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