Dresden

The collapse of the GDR has many reasons, mostly it ran out of money during the 80s. There have been several reasons for running out of money, e.G. taking on massive credit in the 70s to produce more consumer goods and build flats (the reason Honecker was very popular after his coup against Ulbricht), which it had problems to pay back in the 80s. A... See more

Just want to share these relevant videos from Asianometry:

How Semiconductors Ruined East Germany

https://youtu.be/cxrkC-pMH_s

Why Europe Lost Semiconductors

https://youtu.be/5ZdmS-EAbHo

Europe’s Lost Decades in Semiconductors

https://youtu.be/PpSdytrNEBg

It's great to get chip manufacturing back to Germany after all the struggles, even if it's not cuttin... See more