Comments by "Neodym" (@neodym5809) on "VisualEconomik EN" channel.

@ArwedMett you can earn a higher salary with an academic degree? The best paying sectors in Germany are: 1. Semiconductor industry 2. Biotech 3. Pharma 4. Banks 5. Aerospace 6. Car manufactures. 4 out of six are in the production, not service sector. A worker on an assembly line at VW will earn more than most in the service sector like retail, care…
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@ArwedMett wages in factories are significantly higher than in services. Furthermore, repetitive tasks in todays factories are often done by robots. People working in factories are high skilled technicians maintaining said robots.
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Zeihan has no clue. He claimed German electricity production is only 7% renewable, it is at 50%. He also claimed nuclear was replaced by coal, which is false. Nuclear and coal were replaced by renewables. Germany exports electricity.
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@ericsaxon5736 considering that Russia is using Italian machine tools to build their tanks, which are now under sanctions and they don’t get spares anymore: no, they can’t.
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The UK is not part of the EU (anymore)
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German industry is less dependent on gas than others. Russian gas be cheaper is also a misconception. Don’t worry, German industry is quickly adapting to the changing environment.
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