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Originally Posted by finnbow
It's not even remotely all about energy costs. It's more about a lack of innovation, an advantage the US has always had (they don't really even have a tech sector, for example).
From the article: “Germany has nothing to offer in any of the most important future-oriented sectors,” said Marcel Fratzscher, the head of Germany’s DIW economic institute. “What exists is old industry.”
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So the manufacturers are going to other parts of the world because they want to innovate?
07-23-2023, 02:55 PM
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