Because of self-destructive "greenness" (no to coal and atomic energy) as well as foreign sabotage of its access to Russian gas, Germany has been de-industrializing. The eupeptic look observes that "
while de-industrialization is taking place in volume (and employment), the industrial contribution to national income has held up. The energy shock triggered a shift in Germany's industrial value chain from energy-intensive activities toward high-tech and high-margin activities. We believe it is better seen as an industrial evolution than a de-industrialization."From
You may call it anything you want, but prosperity is not. I think it is terrible.
No comments:
Post a Comment