[someguyornotidk]

I don't think whether a country is an importer or an exporter matters at this point. This is likely going to develop into a matter of national security. Nations cannot allow most of their domestic industries to be destroyed.

If the US doesn't reverse course soon, I think we'll start seeing large-scale closure of international markets to US companies very soon. Even with US retaliation, there is no other option.

[mike_hearn]

Zero chance of that happening. Europe has already largely deindustrialized and it never closed itself to China. Europe also tried to stop buying Russian oil and failed due to transshipment through India.

It's really sad seeing how little so many of us Europeans understand the situation. America and China hold all the cards, Europe holds none. It makes very little that is both unique and strategic. Decades of left wing economic policies are coming home to roost and there's no way to turn the ship around now.

[KptMarchewa]

> Europe has already largely deindustrialized

Yawn. If you look at actual production in industry data we're at the peak or close to.

A lot of this yapping is (outside of just boring political droning) due to conflating relative stagnation with "deindustrialization" lol and looking purely at individual countries like Germany, not realizing the most of the recent growth is east and south of it.

[spwa4]

> Yawn. If you look at actual production in industry data we're at the peak or close to.

Indeed. This is the same argument people make about oil: it's at (or near) it's highest level ever! So things must be good! And that's not exactly true.

Even though, for oil, there's barely any people who see how bad things are (I guess the top of the US government sort of demands you don't if you work for the US government). But what matters is the change.

If things even just stay the same, efficiency improvements will lead to massive job losses, and in practice "stay the same" still means some companies suffer and others gain. The suffering companies are the employment giants, the gaining companies are the "lights out" factories, to an approximation. Things must go up, it's "the derivative" that matters, so to speak.

That's why it's such a massive deal that the derivative for Europe's industry (even with the massive military investment) ... very close to zero. In other words: the job losses will continue even under Germany's massive investment plan.

You could say they're not beating inflation, but that isn't exactly accurate. Or it isn't the problem.

[Mairoce]

Please tell us more about how “left wing economic policies” have destroyed Europe.

[chiply314]

Germany, the 3th biggest GDP country is deindustrializing right now.

that def will hurt.

But we still have a lot of capital left, so plenty of ways to adress the elephant in the room. Its just very weird that the current CDU doesn't has any real good ideas.

USA has a certain amount of hands especially IT but otherwise? China runs circles around Europe and USA for everything else.

Btw. CDU was in power for 16 years and is more right wing than center. If you say left wing in sense of not protecting our own markets, i think this was accepted globally.

USA also can't make things anymore.

If no-one comes up with the general notion of a min of like 60% home made, none of it matters because rebuilding this will take a lot of time and money.

And even with a chip factory in USA, they still import most and automate as much as possible.

This might reduce the pressure on USA Loans but will not help the USA people themselves. They will just continue seeing a bigger and bigger split between poor and rich.

[mike_hearn]

CDU is not right wing in the sense the Republicans are, certainly not today's version that is subservient to the German left.

[chiply314]

In germany CDU is right wing though.

So from a wording point of view: generic term still would be CDU is right.