Summary:
- Germany has been trying to promote its high-tech industries, like renewable energy and electric vehicles, through government subsidies and support.
- However, this has created a "subsidy loop" where companies rely heavily on these subsidies and struggle to become self-sufficient and competitive without them.
- The article suggests that this approach may not be sustainable in the long run and that Germany needs to find a way to foster innovation and growth in these industries without becoming overly dependent on government handouts.