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The fact that you think Germany is anywhere near as deindustrialised as the UK, because of the increasing cost of energy, is a bit funny to me. The UK was bruta
by kranke155 3y ago
The fact that you think Germany is anywhere near as deindustrialised as the UK, because of the increasing cost of energy, is a bit funny to me. The UK was brutally deindustrialised.
The UK manufacturing output is 8.69% of GDP. https://www.macrotrends.net/global-metrics/countries/GBR/united-kingdom/manufacturing-output https://www.macrotrends.net/global-metrics/countries/GBR/uni...
German manufacturing output is 18% of GDP in 2022. That's over twice the UK. https://data.worldbank.org/indicator/NV.IND.MANF.ZS?locations=DE https://data.worldbank.org/indicator/NV.IND.MANF.ZS?location...
Look at data, stop reading sensationalistic news articles. I doubt that Germany has lost over half its industrial capacity since 2022.
- dukeyukey 3y agoWorth seeing that the UK figure is comparable to the France, the US, Canada, and way higher than Australia. Germany is the outlier here.
- kranke155 3y agoAbsolutely Germany is the outlier. That's reason I mentioned it. From visiting and talking to people, it's one of the healthiest economies I've ever seen.