Earlier quoted context omitted.
Germany is currently liquidating their high-performance lithium-ion battery maker. Western industrial policy is indistinguishable from malicious interference.
That's quite staggering. First shutting down working and safe nuclear power plants in favour of coal, then that. At this rate I start wondering who actually makes this policy, at most turns exposing the country more to the energy markets issues and making them more reliant on OPEC and Putin.
I don't think there is any other country which had this many opportunities and leads into high-growth and ultra-high-growth industries and made sure none of them panned out. That's not bad timing or bad luck, it's systemic. Maybe the US's conversion into a petrostate?