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Germany is not losing out on anything. It is simply structured so that there are no large public companies. A private german grocery store is taking over the US
by bmikaili 3y ago
Germany is not losing out on anything. It is simply structured so that there are no large public companies. A private german grocery store is taking over the US. There‘s a bunch of specialized companies producing stuff like Zeiss doing lenses for ASML. This is more or less just spurred by doomer rhetoric.
- The_Colonel 3y agoThat's absurd, there are many large corporations in Germany, including VW, BMW, SAP, Deutsche Telekom, Siemens, Bosch. A lot of the Mittelstand is also directly dependent on those large corps as their subcontractors.