Re:The engine of Germany's wealth is blocking its future
by pas on Tuesday March 10, 2026 @04:48AM
(#47320613)
There's not much more to it.
The internal EU market is bad (demand is low), the export markets are sensitive and competitive, and traditional Western companies are inefficient. (Which was okay as we were coasting on the post-WW2 globalization economic miracles.
But the inability and unwillingness to let the failing (uncompetitive) companies and industries go (France has a huge problem with this too) led to being stuck between a rock and an eventual hard place.
The internal EU market is bad (demand is low), the export markets are sensitive and competitive, and traditional Western companies are inefficient. (Which was okay as we were coasting on the post-WW2 globalization economic miracles.
But the inability and unwillingness to let the failing (uncompetitive) companies and industries go (France has a huge problem with this too) led to being stuck between a rock and an eventual hard place.