Asklemmy

43790 readers

872 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

Why does it feel as though only the US and China (and maybe some other Asian countries) have an economic future? (sh.itjust.works)

submitted 3 months ago by [email protected] to c/[email protected]

29 comments fedilink hide all child comments

I live in Germany, which by some accounts, is the third largest economy, and we have literally no answer for what is next, economically. Neither in the public nor private sectors. Nobody is investing, nobody is building new things, nobody even knows what to do next. But the story is the same throughout Europe as far as I can see. All industries hope to keep selling the same old shit. But the 3rd world is catching up. They can manufacture goods that are just as good, and for much cheaper. Heck, some can even do it cleaner too, since they have access to cleaner energy sources. But we also have no real 21st century income streams.

It looks to me as though, only the US and China are undertaking really innovative projects.

Is my reading of the situation flawed? I would love to have your input.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 3 months ago

This is all just empty coping. Europe's economy is fucked and there's no light at the end of the tunnel. Cherry picking a single example of an industry doing well won't change that.

And especially Germany is really strong in a lot of areas that dont make the news regularly.

Counterpoint, no it isn't.

Also look at the transition to renewable energy in the last decade alone. We have a lot of ideas for the future,

Looking but not seeing, Missed all of our targets. On track to miss the next ones. Meanwhile China reached its 2030 targets last month.

When the US goes under things will get far worse. Our economies are very deindustrialised and our finance economies won't be worth anything much. The EC under VdL will continue its march to fascism and since we can't fight any wars, the imperialism will turn inward.