German vice-chancellor and economy minister doesn't know what insolvency  means (English subtitles)
Channel: Harald in China
Date: 2022-09-09

On September 7, Robert Habeck - Germany's vice chancellor and minister for economic affairs and climate change was interviewed on German state television ARD by famous show host and journalist Sandra Maischberger. 
Asked whether he feared a massive wave of insolvencies (bankruptcies) coming up, he said "no, some businesses may just stop operating". His ministry later clarified that he meant to distinguish between a legal bankruptcy and a voluntary ending of business operations - which technically is correct to be different, but in the context completely irrelevant because the question is about unemployment and an economic collapse.

Here's the full interview (in German): https://www.youtube.com/watch?v=QdIQD--XyzQ&t=1181s