German Deindustrialization Debate

This concept is very strange to me, as Germany is generally considered to be a high-efficiency high-wage country. I wonder if this comes from social pressure of supporting so many high-social-welfare countries.

More like „Germany tries to prevent de-industrialisation and economy collapse“.

Germany doesn’t compete in cheap manufacturing, they compete in highly precise manufacturing. There are bunch of things that are only manufactured in Germany. You don’t hear those companies that much because they are not public but they are well known by the people who work in specific industries. When you combine them, they are way bigger than the German companies you hear everyday which are laying off people or closing factories.For some reason, every time Europe is mentioned, there is alwa

Germany exports expensive stuff.

Germany would not be the second biggest exporter in the world if it was a myth. German approach seems to work better than English one at least in older, more established industries (cars, etc).

This might be a hot take, but I think Germany is suffering from a sort of Dutch disease with its car industry.Germany has a lot of human capital, experienced and well educated workforce, but a lot of it got sucked into the car industry, because it was so profitable until now. I hope that with the car industry sunsetting, hopefully we'll see new innovative companies spring up.

Do you happen to live in Europe? I live in Germany and while the Silicon Valley mentality doesn’t look healthy or sane, Germany is surprisingly “lame” for such a successful country. The German economy relies too much on old industries and the politics here are unwilling to change anything about it, be it policies, funding or infrastructure.

"German Deindustrialization Is Still Looming" - so it hasn't actually begun?

Weird logic. You think Germany is not gonna profit massively - both monetarily as well as otherwise - already?

Seems like Germany is having this problem for the past 20 years... but here we are. Maybe accept the fact that they are a manufacturing powerhouse and will remain so in the foreseeable future?