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>It is the same reflex every time: more regulation, more state, less market, less competition. It is an approach that has served Germany rather well for explaining decline, and rather poorly for reversing it.

that's EU's approach as a whole, not just Germany's.

That’s everyone’s approach in fact. As soon as “reaping rewards” becomes “resting on laurels”, one loses the ability to do anything but protectionism.
yes, but EU smothers its own babies in the crib with its overwhelming urge to regulate the life out of everything.
@cindyllm ah, I see. very well, shine on you crazy diamond.
Everyday more and more articles like this appearing on HN. For some reason Germany is still exporting around €130 billions of products every month. Unlike the US, it doesn’t include natural gas or oil.

Also in this article, they talk about how VW can’t compete with the Chinese cars companies. Can the US car companies compete? Why the US doesn’t even allow those cars to be sold? The same thing happened with Huawei. They simply ban the companies they can’t compete but everybody talks about Germany :)