The deindustrialization has begun.
The first half of the article blames the Ukraine war. The second half of the article blames China for being more competitive.
https://www.bloomberg.com/news/articles/2023-06-12/germany-w...
Why should a rich country keep its industry and salaries flat for so long?
The reality is that not everyone is built for a office job, not everyone has the skills, education or intellectual capacity to work in a service-based economy. Yet, these folks could make a decent living for themselves.
They should remember the day they are going to vote.