• Pip@feddit.orgOP
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    4 days ago

    I agree with you except for the timeline. To my knowledge, Germany’s firms and governments were export oriented since WWII. The current permanent reduction in demand from abroad (due to Chinese and American policy amongst others) is wholly novel and never happened before to Germany, from what I understand. One good thing is that the policies you mention have already been launched a few years ago, so the federal and state governments are adapting fast.

    • stoicEuropean@lemmy.ml
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      4 days ago

      Let’s hope that the current efforts turn out to be effective. And thank you for the lively exchange :)