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Comment by touwer

1 year ago

Indeed. Zeiss lenses. Medical equipment. Boss. Siemens. The only thing that's really lacking is ict and ai. But that can be fixed

Niche businesses like Zeiss Lenses can't support the economy of the EU of 450 Milion people, especially that they mostly hire highly specialize people with PhD and up.

Having a company that makes lenses, even really good ones, is not the same as having a viable economy.

https://en.wikipedia.org/wiki/German_economic_crisis_(2022%E...

  • So, you're basically that, if GDP is not up, or the companies are not doing well, it doesn't matter that they're actually building genuinely useful stuff without which all sorts of people would be in major trouble?

    Germany has problems-- immigration, energy etc., and maybe some companies have problems, but the US has put huge efforts into making something even a tiny bit like the German companies that are actually building stuff, presumably because its leaders know that you can't eat software services no matter how overpriced they are-- in the end actually building things is how you get things, once you are no longer forced to get some critical vitamin through trade, and we are there now.

    • I'm saying that not even the nicest, rarest lenses in the world are a replacement for a viable economy.

      And you can't eat lenses either, and people who do grow food also use software, and so do everyone else that makes about 90% of all the other stuff other than food that constitutes the German economy.

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