Philips and the Death of Europe's Last Electronics Giant [video]

Re:Philips and the Death of Europe's Last Electronics Giant ... by rayiner on Monday March 13, 2023 @08:36AM (#35134865)

> Still, I think that's only part of the problem. Manufacturing and innovation in Western countries are now in a state of malaise and they're being quickly overtaken by Asian countries such as China. Like it or not, the West generally is in a state of decline.

It’s also worth connecting this to the economic stagnation in Western Europe since 2008. GDP per capita has not budged in the UK, France, and Italy in more than a decade.

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Re:Philips and the Death of Europe's Last Electronics Giant ... by ChuckNorris89 on Monday March 13, 2023 @09:06AM (#35135155)

I think you mean Real GPD per capita, not GDP per capita alone as the former is also adjusted for inflation.

GDP per capital definitely grew, but once you subtract inflation, it's close to zero.

Most of the growth has been in Eastern Europe.

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Re:Philips and the Death of Europe's Last Electronics Giant ... by zx8080 on Monday March 13, 2023 @09:48AM (#35135671)

How does the GDP per capita been rising, especially considering young generation has been leaving in mass right since the EU association signing and borders open?

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