4 ms·
> it seems the US is almost unique in our mass deindustrialization. Japan, Germany and South Korea have avoided this. Entire Central Europe (Poland, Slovakia,
by burntoutfire 6y ago
> it seems the US is almost unique in our mass deindustrialization. Japan, Germany and South Korea have avoided this.
Entire Central Europe (Poland, Slovakia, Hungary etc.) is filled with German manufacturing plants. The Germans have done plenty of deindustrialization themselves.
- barry-cotter 6y ago47% of German GDP is manufacturing. Hardly deindustrialisation. https://markets.businessinsider.com/news/stocks/german-economy-3-reasons-economy-is-flopping-headed-for-recession-2019-8-1028484056#:~:text=In%20fact%2C%2047%25%20of%20Germany%27s%20GDP%20is%20made,an%20economy%20that%27s%20four%20times%20as%20much%20 https://markets.businessinsider.com/news/stocks/german-econo...
- burntoutfire 6y agoI wonder how is that counted - i.e. can for example Mercedes contribute a lot towards the part of GDP counted as production even if most of its cars are produced outside Germany. Or, is that counted as engineering and branding.