Germany's Scholz Paints Nationalism as Threat to Industry at New Chip Plant
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Loading... - Julia Gibson
- 20 Aug 2024
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In a shocking turn of events, German Chancellor Olaf Scholz has come out against nationalism, citing it as a threat to the country's industrial future. Speaking at the groundbreaking ceremony for a shiny new semiconductor plant in Dresden, Scholz warned that nationalism and resentment could scare off investors and hinder Germany's ability to produce more chips.
Scholz emphasized the importance of semiconductors to Germany's industrial survival and climate targets, because, let's be real, who doesn't love a good chip? But seriously, the Chancellor stressed that boosting production in Germany would reduce European dependence on other countries within global supply chains. Because, you know, who needs international cooperation when you can have German-made chips?
The eastern state of Saxony, where the chip industry is based, has seen a surge in support for populist parties like the far-right AfD. This has left mainstream parties and executives quaking in their boots ahead of local elections on September 1. Scholz's warning against nationalism is seen as a thinly veiled attempt to stem the tide of populism and keep the chip-loving masses in line.
