Comments by "looseycanon" (@looseycanon) on "Could the German Economy Collapse?" video.
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the problem with services, is that they are way too flexible. Comes economic downturn, everyone's easily ditching their suppliers and you've got a huuuuuge delta in employment, which in turn translates in to gigantic delta in consumption... and everything's flying up and down. What needs to happen, is we as Europeans need to realize, that everything has it's price. Be it overspecialization on one thing (cars, particular service, etc.), environmentalism... these are all things, that make it harder and more expensive to manufacture stuff. It is environmentalism, which is the main enemy of industry. What would happen, if Europe ditched emission allowances for CO2 to energy market? Coal would suddenly become unbeatable energy source on price, only threatened by nuclear! Forget wind parks and photovoltaics. They just don't create enough power reliably enough, to be even considered in an environment, that doesn't care about emissions. Why? Well that is simple. It is in abundant supply in Europe, can be mined locally and Europe has perfectly tuned transportation system for coal (railways). And yet, we are abandoning it in favor of vanity projects, like VRT or electromobility...
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