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This is just the start of Germany's economic erosion. China will hollow out their higher-end industrial economy, their manufacturing export juggernaut. It alrea
by adventured 3y ago
This is just the start of Germany's economic erosion. China will hollow out their higher-end industrial economy, their manufacturing export juggernaut. It already happened to the US, now it's Germany's turn. They'll have to learn new ways to compete, as the US has had to.
Not to mention Germany almost entirely missing the tech age has done extraordinary damage to its potential, wealth, future, etc. There was no good reason that had to happen, they have the talent and education to have a massive tech industry. Fixing this huge hole in their economy would be a big help.