I am by no means a fan of the Chinese government, but they are leagues ahead when it comes to these issues compared to many western nations. Yes, they still open new coal plants, yes, they still run a lot of dirty industries and yes, I’d take most numbers coming out of china with a load of salt.

BUT they also have about 1/7 of the global population to take care of, while at the same time handling manufacturing for a good chunk of the rest of the world and their environmental footprint per person is lower than most western nations that aren’t even manufacturing anymore.

Fuck Banksy he’s a sellout and not a graffiti artist. There is no deeper meaning behind his wannabe deep, wannabe social critic shit, just pretentious bullshit for instagram aesthetics. The only things he’s good at are marketing and selling himself to rich twats with questionable taste. Even my 80 yr old grandma, who is as much a part of the establishment as it gets, is a big fan.

He also could be considered a plagiarist. Check out blek le rat, he did his style and a lot of his images before banksy was even a thing.

R.I.P King Robbo, he knew all along.

So basically what they are saying is that Europe is quite innovative, they just don’t have a capitalist enough culture and enough money in venture capital to exploit that innovation as much as the US?

Seems like a win for Europe to me, most shit venture capitalists touch turns into toxic garbage and most unicorns fucking suck.

Don’t forget about all the Nazis with their robot dogs that make up the police force over there.

There just isn’t another way to keep the place nice and safe without them.

I know the general gist of the situation. Low spending from domestic households, real estate bubble, excessive government influence on industry scaring investors, and so on.

My problem with it is that most headlines make it sound like it’s all gonna implode spectacularly tomorrow. The articles themselves usually paint a more reasonable picture of the situation, similar to your comment. But most people don’t read the article. They just see the headline over and over.

Feels like I’ve been reading headlines like this for at least 3 years now. If it all finally comes crashing down, it’s gonna be a big one I guess.

It’s the most popular and most hated newspaper in Germany. I would put it at a similar level as Rupert Murdoch’s shit rags.

They usually have dubious journalistic standards, write exaggerated headlines and harass their targets. They also constantly badmouth progressive or environmental causes because their shitty publisher, Axel Springer Verlag, has a very imperialist neoliberal agenda that they enforce in all their publications. I blame them in part for the popularity of AfD, even though they don’t directly endorse them (as far as I know).

Most carmakers get heavily subsidized. All the German ones for example. It’s a big industry and states like to keep their brands competitive.