German battery maker Varta files insolvency applications

Post by ShinyLeftPad » Mon, Jul 27, 2026, 12:55 PM UTC

lnsru wrote: post #39

ShinyLeftPad wrote: post #30

Earlier quoted context omitted.

Many can, they just choose not to. They balance the economy different instead of going all in on manufacturing and export. They don't suppress domestic consumption, have strong labor protection laws etc.

Let me rephrase you: “many could…“. Because if you don’t manufacture continuously you loose knowledge. It’s more than buying machinery and hiring labor. Manufacturing is continuous improvement process. Improving raw materials, manufacturing parameters, testing technology. When one stops it it’s game over.

Post by tsss » Mon, Jul 27, 2026, 6:02 PM UTC

Towaway69 wrote: post #48

lnsru wrote: post #44

Earlier quoted context omitted.

Americans turned the tide with Marshall plan second time. There will be no third time. Germany gutted itself with: a) very inefficient federal administration system; b) insanely inefficient social system and c) uncontrolled immigration and d) writing laws accordingly car lobby group requirements. Car makers are dead. Well paid jobs gone. e) tragic demographics.

Indeed, plus miles behind in tech and seemingly doing everything to maintain that. Although the government will invest in “startups” which meant that one defence (probably drones) related startup gets 500M euros - eggs and baskets comes to mind. Germany is in invest in defence and conscript the young mode currently. We know where that will lead.