>>212062543Not necessarily
Is more related to the service economy model the EU member states were made to adopt
This makes EU products generally uncompetitive (you could argue that since it increases quality they would be more on demand. But once you reach a threshold of consumption you quickly need artificial scarcity or market invasion to speculate.
Besides these producrs will be expensive)
But at the same time prevents market invasion (chinks cant flood your market with cheap phones.
They pay a fee one way or another) and permits the government to substract capital from them
Long term is probably not viable, though.
As the EU still lacks the labour and resources to produce.
A service economy is pure makeup
It requires you to freeze your buying power in the high end, which is partly facilitated by forcing companies to keep you consuming high quality products, but as you lose your stock of resources, last imperial outpusrs and other countries catch up in white collar labour. This buying power will begin spiraling