1932
A couple of days ago, Politiken had a fascinating debate between its political op-ed writer Peter Mogensen and editor Stig Kirk Ørskov over the state of the Danish economy. Basically, Mogensen thinks the crisis is over and Ørskov that Danish manufacturing is toast. (As in: Don’t even bother applying for a job at Vestas. They will be moving out ASAP).
Somewhere I’ve also seen 2009 compared with 1932 which was one of the worst years ever in Danish economic history (even if unemployment rates weren’t as draconian as many believe). And if reporting in Fyens Stiftstidende is anything to go by, Funen with its dependence on manufacturing is in a particularly bad spot. Following the regional effects will be interesting.
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