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bighand69
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Comments by "bighand69" (@bighands69) on "TechAltar" channel.
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That is what happens when governments get involved in industry. Everything changes focus to regulations rather than innovation. Most innovations today are nothing more than marketing based around government regulations. A prime example of that would be automobiles.
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Absolute nonsense.
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They were not capable of keeping them because they were unable to innovate. That is the current trend of the EU culture. It is all built around bureaucracy and policy. Watch now how the German car industry goes the same way.
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@grimnir8872 That is not why the Euro was priced as it was. The ECB is a nonsensical central bank. It is not based in an economy but is actually subjected to all the whims, panics and policies of all the individual markets of EU membership. People think that this has help German Manufactured when in fact it has damaged it beyond the point of no return.
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The problem is not management. People just do not want to face up to facts.
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The difference between South Korea and the Netherlands is culture. Many european countries have been living a cultural fantasyland for too long. The fact that many in Europe are surprised by what Russia is doing is mindboggling. South Korea has a desire to succeed and does not have crazy welfare state ideas that most european countries have. Imagine spending all their resources on a welfare state at the expensive of national security. European countries simply do not have any fire in their belly.
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ASML is a myth that feeds into the greater myth that has take hold in European culture. ASML are a holding company and they cannot exist in their current market position without permission from the US.
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The difference with America is that it has an innovative culture were new competitors rise. When Motorola went into decline other companies were there to compete and take over. Kodak was a very successful company at one point but not today. Does culture in Europe have that ability to innovate?
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It has nothing to do with MBA's and beancounters. European culture is in decline. It is not innovative anymore and its culture has not descended into a top down bureaucratic culture. Take automobiles it has not been innovative for decades in Europe and instead has adapted an approach of government policies and decrees all dressed up in fake environmentalism.
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Germany is not going to fair much better in the long run.
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It had nothing to do with Sony or Panasonic. Japanese were not innovators they were perfectors at the product level of other countries innovation. Microchips and integrated circuits were not invented in Japan they were just perfected as a systems product. Philips stopped innovating when European culture started to embrace EU culture that was all about bureaucracy and policies. German car industry is going to go the same way and that will be a shock to many people when it plays out.
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It probably was not manufactured by Phillips.
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Japan is not an actual innovative culture which may come as a surprise to people.
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@grimnir8872 So if germany can buy them for cheap from the Eastern european states can Spain and Italy not do the same.
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That is the story of European culture. It has stopped innovating and expects it to just magically fall out of the sky. That thinking is also present in the current set of policy culture that exists in the EU. They can just bring in lots of crazy policies because they like the idea in their own heads.
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