RebiJes

joined 3 months ago
[–] [email protected] 4 points 3 months ago* (last edited 3 months ago) (1 children)

This process is already underway. The crux of the question, is what will happen to the whole very significant part of the Germany economy that is currently employed in service to local manufacturing? They will all need new jobs...

[–] [email protected] 1 points 3 months ago

If only it was just the public sector. I do agree with you, but the problem is cultural. It's not just the government. None of the big or smaller corporations or companies are investing either.

[–] [email protected] 3 points 3 months ago (6 children)

IMHO, it missed the boat on everything to do with tech, and tech is basically 21st century capitalism. The only tech in Europe are secondary services like booking.com that ultimately depend on primary services (Google Search, Youtube, Facebook Platform, Twitter, ...etc). I agree in large part with Varoufakis. Although he is "on the left" he has better investment sense than all the suits who control European capital.

 

I live in Germany, which by some accounts, is the third largest economy, and we have literally no answer for what is next, economically. Neither in the public nor private sectors. Nobody is investing, nobody is building new things, nobody even knows what to do next. But the story is the same throughout Europe as far as I can see. All industries hope to keep selling the same old shit. But the 3rd world is catching up. They can manufacture goods that are just as good, and for much cheaper. Heck, some can even do it cleaner too, since they have access to cleaner energy sources. But we also have no real 21st century income streams.

It looks to me as though, only the US and China are undertaking really innovative projects.

Is my reading of the situation flawed? I would love to have your input.

[–] [email protected] 5 points 3 months ago* (last edited 3 months ago) (1 children)

Not planning to. I asked to try to gauge whether this was widespread behaviour.

[–] [email protected] 1 points 3 months ago

Coftea, with milk and sugar tastes divine, but maybe only because I'm brewing it with both cheap tea and cheap coffee.

[–] [email protected] 1 points 3 months ago (2 children)

A lot of their success is due to their tactic of rushing into the enemy without any care for supply lines and logistics. This often worked to their advantage but most of those early wins were not sustainable in the long run. It gave the impression that they were more powerful than they actually were.