3 ms·
Without affordable energy prices, Germany just can’t compete with Korea (LG, Hyundai, etc), China or even the US. They’re in big trouble - especially when the t
by cpursley 3y ago
Without affordable energy prices, Germany just can’t compete with Korea (LG, Hyundai, etc), China or even the US. They’re in big trouble - especially when the tax revenue needed for their generous social benefits collapse. They need to sort this out asap because once you deindustrialize, you not only lose your facilities (deterioration), but the know-how (US as case in point).