>after dismantling their own manufacturing

Uhm, Europe is not the US. We still have a lot of manufacturing. It varies by country - the UK unfortunately had structural problems, finance supremacy and a Thatcher who hated unions so much that she'd rather destroy unionized industries than have unions. Central Europe still does a pretty large amount of manufacturing.

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joe_mamba 2 days ago | parent [-]

>We still have a lot of manufacturing.

Then why are we afraid of China and the US and cave in to their demands?

Why is german manufacturing output back to where it was in 2006?[1]

[1] https://x.com/ThorstenPolleit/status/2047436171903394294/pho...

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ahartmetz a day ago | parent [-]

We still have a lot != it's doing fantastic and is expanding.

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joe_mamba a day ago | parent [-]

So your >"We still have a lot", is just hiding the decline.

	▲	ahartmetz 15 hours ago \| parent [-]
		I think the "still" implies that it's at least not increasing and probably slowly decreasing. And except in some of the largest companies like Siemens (where it doesn't seem to be a big deal anymore neither), the idea that manufacturing (or anything) may be profitable but not profitable enough has not taken hold as much as in the US.