I like the term, "Worked", By the time she, her government and her friends in management had finished, manufacturing industry was finished as a golbal player and has never recovered since.. Thats why in the present day we have been in actual recession for 5 years, likely to continue to be so for ages and Germany (who's government and companies have a clue on balanced economic's) are not..
Notice I don't just blame a politician..
Made a nation of shopkeepers though..