G. E. s and today we look at some transformational moments in the history of Economic Activity and finance welcome to mate so what is a good investment when it is the right moment to expand and who is the best partner for a new project so many questions and the answers determine success or failure even the biggest names in industry can get it wrong and falter lets look 1st at a few recent examples. Money is pouring into his venture you know if thats any investors looking for the winners in mega markets are and will his apple ever be completed will be good if i didnt work for the airport i guess id only believe it once it opened what i heave my suitcase off the carousel to hes an expert on risky investments obviously the matches here take a risk because the law through its like also backfire. Of the ocean this tour through central bolin was organized by the internet portal gets your guide its a platform for holiday activity it doesnt sound like high finance but the investors of pouring funding into the portal digitalisation in the Tourism Industry promises billions in profits at get your guides new offices we meet founder yohannes fake this year hes received half a 1000000000 euros from International Venture capitalists thats an impressive sum for a german startup get your guides sales still come to only around 100000000. 00 euros. I think that in germany we think too much about expectations and pressure im thinking about building up a Global Market leader. And that is much more exciting than driving yourself crazy thinking about what might happen if it doesnt work out the way we expect. Rex biggest investor is must say oshie son the head of Japanese HoldingCompany Soft Bank raises Money Worldwide for his Vision Fund Investments the biggest foreign sources of the u. S. And saudi arabia vision Funds Investment capital of one 187000000000. 00 euro is distributed to startups in america and Asia Companies that promise good growth and need money to expand but does it have to come from saudi arabia which is under fire internationally for human rights abuses i know its you i dont have a relationship with saudi arabia but with softbank and we agree on where the market is headed. Our product helps people get to know the world and soft banks money is well invested here. Another investment project that seems to be neverending. New airport. Actually it was originally scheduled to open in 2011 but the date has been pushed back repeatedly so. Since then and 2014 possibly airport was supposed to go into operation the current slated date is october of 2020. 1 times are the i can tell you that the construction site is finished since april or may the technical inspectors have been looking at the individual facilities and testing the ones that are responsible for fire safety for over 2 years weve been on schedule its working for. Mistakes shoddy work and corruption pushed the price of building the airport way above the original projection of 2000000000 euros the costs of amounted to 7300000000 euros and counting. The airport foreseen by the original plan was too small so an extension had to be built its javanese most embarrassing construction project recently from we have to deliver were trying of course given the history of the airport so far its no wonder that no one will believe us until we prove it. A momentous handshake by is acquisition of nonsense who was the biggest foreign takeover in german history the stakes were high for bias which paid 54000000000 euro news and also acquired responsibility for the more than 18000 lawsuits and monsanto did by underestimate the risk. Buying one santa now probably is much much cheaper than buying 130. 00 like 2 or 3 years when all the lawsuits finally are solved so obviously them out if you take a risk because the law foods might also backfire. In crossing if it can cost for the movie northern tip of reputation except. But at the moment a very interesting and attractive investment some courts have said monsantos life a state based herbicide roundup causes cancer its still unclear how much liability by a faces that will determine if the costly takeover was worth it so will it prove a bold investment or just a reckless one. Now what some call crazy others of us clever or a stroke of genius and indeed looking back some of the biggest business successes in history come down to a quickie entrepreneur who took the right risk at just the right time perhaps misfits are the most creative and successful people in business out of the box thinkers sometimes have ideas that change the world. Crazy maybe but certainly successful. Many of the worlds most gifted minds were called crazy at some point. Despite banshee well maybe because of but these ones made it right to the top. At the start of the 20th century there was american engineer henry ford he revolutionized the Automotive Industry with the moving Assembly Line production was cheaper than ever everyone could afford his cars whats more he only made his staff work 5 days a week and paid them generously. But he was no dream boss ford wanted total surveillance he was known as the benevolent dictator the head of a department at ford was required to know everything about his workers including what they ate and how they lived for its behavior was extremely controlling and manipulative. In postwar germany tayo outraged cofounded a discount supermarket called. People could take 5 times off the shelves themselves allowing for fewer staff and Cheaper Products the concept was a huge success and taylor press wealth grew and grew but ill bet it was still fanatically frugal stingy evil and woe betide the employee who ordered too many pens used the paper on both sides he had no empathy whatsoever for his staff one time was kidnapped and he even claimed the ransom money he paid as tax deductible his obsession with saving drove stores into disrepair managers on a day to renovate after he died. Today many thinkers are drawn to Silicon Valley space x. Founder ilan musk has proposed using the hyper Passenger Transport a super high speed pneumatic tube train he also wants to colonize mars for musk and his workers theres just one rule business 1st family time only if the Company Goes Bust the tycoon can be a real live wire is bad tempered tweets have given his companys shares a bumpy ride over the years so whats the one thing that unites all these crazy minds theyre all men maybe the great women out there are just better at keeping it together or should we conclude that madness is male. Interesting question too risky to answer on there well not taking risks can also be risky take the German Economy europes powerhouse its managed to weather one crisis after another thanks to its strong export sector the country is taking in what tax revenue than its ending leaving room to maneuver but at the same Time Investments in schools and infrastructure a falling behind why because germans dont like going into debt despite negative Interest Rates on sovereign bonds the government is sticking to its mantra of a balanced budget but critics warn that too much for galatea could cost germany dearly in the end. The black 0 here in germany thats what we call a balanced budget its a good thing it means stability at least according to the government from industry to. British but today im meeting someone who wants to bury the blight 0 in this we need to move on from this crazy idea that saving is always good and that is always bad is that what he means is germany urgently needs to invest and if it needs to borrow to do so thats fine if it helps boost the economy. The president of the German Institute for Economic Research one of the most influential economists in germany long something to show him. If i try mr potter weve brought along a black 0 youre not a fan right and its unfair because you know im not per se it depends on a balanced budget shouldnt be an end in itself its fine when the economy is thriving but were in the 3rd quarter of 2019 and technically were in a recession thats why the 2nd quarter with negative growth so the politicians need to act they need to do something to stabilize the you cant. And automatically need to secure jobs thats the real issue the black 0 is all very well but its basically a fetish. Every year since 2014 the german states revenues have been higher than its expenses even though Public Services like schools and hospitals are underfunded railways too. We need to move on from this crazy idea that saving is always good is always bad the opposite is true when times are tough we need to invest so that people can keep their jobs and we can guarantee stability. So keeping the future in mind the future and also future generations thats what we need to do thats my point think of me im 30 and i keep hearing about the mounting debt that it will be up to me to pay off. Why is that. A state depends on substance in other words step might have been reduced but the value of streets and bridges Public Institutions knowledge of capital social housing all of that has been squandered devalued in the past 15 years the state has invested too little to maintain that value so as a 30 year old in the future you have less value. Doesnt even factor in the environment the climate. That. The german state is investing more in Environmental Protection than it has in recent years its working towards long term climate goals but its already clear it wont hit its 2020 targets. Thats an embarrassment for a country thats made such a lot of its environmental credentials and it could have been different the technology exists theres been rapid progress in the past few years so right now we urgently need more investment energetic. Renovation of buildings electricity grids we also need a new transport policy we need to do away with combustion engines and carbon intensive technology and embrace Carbon Neutral and emo billeted this needs to become a top priority and that requires funding. A failure to invest cant even end up costing money take us entrepreneur till recently he had to store important data on a u. S. B. Stick because he had such a slow internet connection. When it comes to Digital Infrastructure german investment is lagging seriously behind you. In terms of future technologies were missing opportunities if that doesnt change soon then the future will belong to china and the us. Especially in the areas of digitalisation and artificial intelligence. Youre a keen bungee jump or so youre obviously not risk averse but theres always an element of risk with investing that can go wrong in this its investment is always a risk but life is high risk or germany wouldnt be as successful as it is it wouldnt be as wealthy as it is and as comparatively robust if germans hadnt taken risks taking risks doesnt mean acting blindly you need to take calculated risks in order to make economic and social progress. So germany is successful but its squandering its success by not investing enough in its future well thats a shame because there are great ideas around a startup in berlin has developed a kite that generates electricity as its source but the fed needs investors Technological Prowess and it has to keep a keen eye on the competition. This kind could help solve the Energy Problems of the future. It generates electricity from wind power on a level that no wind turbine can achieve. Its vision is to develop the technology and scale it to a size that can keep up with todays when turbines. Were starting small and have a long way to go and were always starting over. A telescopic arm connected to the truck holds and guides the kite soon it should be able to climb hundreds of meters and fly. Thats what the developers in berlin are currently working on. The big challenge is programming the computer so that it can steer the kite with these cables and. The generator that produces the electricity is in the truck under the cable drums they hope it will one day replace inefficient diesel generators. Turbines are fixed to the ground. Will be connected to a base station and fly up to 300 meters in the air the wind is stronger and more steady at that height. Their Development Laboratory is on the campus of the Technical University of berlin. The engineers started experimenting with fabric kites in 2012. When the kite goes up the rope turns the generator trouble and generates electricity. Then the kite is pulled in again which consumes very little power its like a yo yo going up and down. Over all that creates a surplus of electric. City. Most of their time is spent doing calculations or in the workshop. They build the kite and all the technology themselves and theyre always having to redesign and optimize. As a mater is our motto is to make as many mistakes as possible in a short a time as possible but i was only once because why i mean we have to learn and the mistakes make us smarter and they make the product safe that has it here. Theyve been working on the carbon tight since 2017 or so and have already invested over a 1000000 euros in the prototypes but its still not finished. The Wind Energy Summit at hamburg is the teams chance to find new investors. Yeah. Thats why were asking investors to acquire a stake of up to a 1000000 euros this year so we can turn the technology into a product that can be successfully brought to market that. Theres plenty of competition working hard on rival product borman will have to win people over. To do something ringback nothing else. Other developers are working on gliders instead of kites. Several companies are in a race to produce the best technology and to secure global investors. Theyve done it theyve found the venture capitalists who are willing to continue investing yet still the courts were close to seeing whether whats been developed over the past couple of years really works and if we get the feeling that it does work then well provide the next round of funding ill be in for sure what. Will this make you richer. Because i have added i dont know about rich or i dont have a lot of capital but i invested a little money in Renewable Energies and a small part of that in and a kite. In archives once a week the developers drive out to the airfield they havent made much progress with flying yet. They often start at midnight when theres more of a steady wind the team is feeling the pressure. They need to make the kite fully automated but the technology is not cooperating. Trimeter bet. The investor is getting impatient hes come over to see for himself. But. Sometimes competitors making progress you start to get nervous. But then you come back here and see how its working out and it gives you confidence again. After months of tests that takes off steered by the cables and stabilized by the computer now they have to program the computer to carry out all the flight maneuvers alone. The next step is the most critical the software has to be very precise little mistakes get punished in a big way but weve been practicing for so long its become routine by the end of the month well be able to get the kite flying really high and. The cards are still flying just a few metres away from the telescopic arm but once the computer learns to guide the properly it should start flying higher and generating electricity far above the wind turbines. The people of britain took a risk with bricks it businesses spooked by the uncertainty some companies are moving jobs to the continent but there are also those who are betting that investment in britain now can pay off big time with breaks it only slightly worsening the odds are they out of their minds reporters went to find out. London in the summer of 29 a tumultuous time for the city nobody knows yet just how much more tumultuous it will get were all getting closer to finding out. Were looking at less than 3 months to go before a potential window if you will breaks it but maybe you are not the Prime Minister could lose a vote of confidence plus her going for trends or there could even be a 2nd right the referendum that returns the question of your membership to the people or the u. K. Could choose to unilaterally revoke article 50 about counseling right that is to say theres a lot of uncertainty and you know business youve got it uncertainty. Thats why assets worth 800000000000 pounds are being shifted from the u. K. To that you thats about 861000000000 euros. A growing number of companies that there are moving headquarters parts of the operations jobs are asked that out of the u. K. After a break that several companies have done some or all of those things. But not everyone will be is the u. K. General manager and 26. 00 additional value his company is charging towards london at a time when others are backing away i want to know why but i had a burning question to get out of the way 1st are your friends afraid you look into their account. More than what this is i mean. Yes i have a question obviously because theres a lot of theres a lot of security restrictions we have in place and it would be highly inappropriate of me to be there and say it is not something that i do you rolled out the service in the u. K. In november of last year for example uncertainty was already a thing so why are you coming when so many others are going we dont want to write the. 2018 but already they have been over a year of planning that went into the arts to launch an obviously such a big and competitive world. Now throughout that whole period of kools we knew what the results of the referendum was. And that was we want to come here regardless of whatever happens with the outcome of this will still be a place which has 60000000 People Living in the u. K. Is really one of the most attractive markets force in the world was made and 26 decide to go for it at this particular moment and not until after everything was clarified what we did not want to do as a business is just on the side and wait 1234 years lets let