Comments by "looseycanon" (@looseycanon) on "Why Is the European Economy Sinking?" video.
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@rizkyadiyanto7922 It really comes to what's needed to make stuff. First, I'd fix the macro, by removing environmental protections, ditching emission allowances and refocused energy grid towards reliable sources of energy like nuclear and coal (cause there's a lot of it around here). Then, I'd create incentive schemes, which would motivate companies to develop new ventures and to enter new fields by helping them finance these new ventures. Key being, that "zombie" companies would either refocus them selves over time entirely, or found new synergies with their "dead" business (for instance a dying farm would be able to receive financial aide to build a sales team focused on international trade, specifically north Africa to export cattle, or an electrician company would be able to get money to retrain their staff to also handle computer network design and implementation, bringing two types of wiring under one roof)
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