German industry is/was in shambles as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for LNG, reducing factory output, even on-lining coal plants to keep the lights on.
It is simply a bad idea to allow an unreliable trade partner to completely take over a segment in your economy.
Germany voluntarily divested from Russian gas for political reasons. If Germany was run by more amoral “rationally greedy” business men I’m sure Russia would have happily kept selling energy to them despite the war.
It’s probably why a certain someone sabotaged the nordstream gas pipelines, to make sure Germany’s moral compass would not falter in the future - as its economy inevitably gets worse without cheap Russian oil and gas.
That’s apples and oranges. The German government pulled out of that sector of it’s own will. Largely because they had planned to transition to Nuclear, did not do so, and then did nothing going forward.
Letting Chinese cars compete is not going kill the big 3 unless they’re criminally negligent at running a business.
It is prudent for those that own the means of production.
German industry is/was in shambles as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for LNG, reducing factory output, even on-lining coal plants to keep the lights on.
It is simply a bad idea to allow an unreliable trade partner to completely take over a segment in your economy.
Germany voluntarily divested from Russian gas for political reasons. If Germany was run by more amoral “rationally greedy” business men I’m sure Russia would have happily kept selling energy to them despite the war.
It’s probably why a certain someone sabotaged the nordstream gas pipelines, to make sure Germany’s moral compass would not falter in the future - as its economy inevitably gets worse without cheap Russian oil and gas.
That’s apples and oranges. The German government pulled out of that sector of it’s own will. Largely because they had planned to transition to Nuclear, did not do so, and then did nothing going forward.
Letting Chinese cars compete is not going kill the big 3 unless they’re criminally negligent at running a business.
I doubt that UberEats drivers would be happy with that being called their economy.
But ivory towers certainly have comfy chairs.