Comments by "Louis Giokas" (@louisgiokas2206) on "Shenzhen Manufacturing Is Finished: Foreign Exit u0026 Local Factories Close, 'Bird-Cage' Policy Failed" video.

  1. Governments thinking they can mandate high tech development is just plain stupid. So many countries have tried this. Just look at Europe. They have lots of highly educated people, plenty of capital, and yet they massively lag behind the US in technology. I have even met successful tech startup executives from Germany who want to relocate to the US. To think China could buck this trend is either madness or ignorance.
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  2.  @fritz3388  You may want to look at actual figures rather than making them up on your own. The latest table I saw, using IMF numbers, has the US at number 6 with Germany at number 16. The US per capita GDP is 1.5 times that of Germany. The countries ahead of the US are mostly tax havens. So, Ami, copied and surpassed. Also, Americans pay less in taxes and housing is cheaper, bigger and better. I have lived in Europe and done business there for and with some of the largest companies in the world. I have relatives in Germany (in laws) who have held high government positions (appointed) or executive positions in industrial companies. I have had a chance to interact closely with colleagues in Germany over an extended period of time. On the other side of the pond, I have been in the aerospace and defense industry, the software industry and electronics industry for decades. How many German tech entrepreneurs have you dealt with? Asking sincerely. I actually started traveling overseas just over half a century ago as a teenager on my own. That was wild stuff, let me tell you. So, I do have some experience of the place and people. When I was living there at company meetings there would be 20 people from 18 countries on a typical day. Since my background is southern European (guess where) and I was buying my clothes locally, people just thought I was another European. That led to some very interesting conversations. You might appreciate this. In my first business trip to Stuttgart (from Paris; not where I was based) I was dressed in all black (suit, shirt, tie, shoes, etc.), a style not seen in the US. This was early in this millennium. Even with my US passport the border control people started asking me questions in German. Fortunately, I had studied it at university. It was great fun.
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