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by mmooss
578 days ago
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Where is there a higher quality of life and are there better cars than in Germany? Maybe Japan? Germany is arguably the most successful economy in the world, with the most successful manufacturing. And it benefits others besides the shareholders and executives. Maybe others should be following their model. |
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Care to argument? The numbers disagree with you. Germany's share of global GDP decreased massively in the last 30 years loosing to US and China. That's the opposite of a successful economy.
>And it benefits others besides the shareholders and executives.
Who does it benefit? German workers have the lowest median wealth per capita in Western Europe being some of the poorest citizens of the richer developed countries, have some of the highest wealth inequality in EU, and saw the highest drop in purchasing power in the last ~2 years, while many German companies are making layoffs and relocating abroad.
>Maybe others should be following their model.
I don't think making yourself poorer while resting on a glorious industrial past, is a model people and countries want to follow. I'd say Poland's growth is a model to follow, not Germany's decline.