How Europe Sabotaged Its Own Economy

Talking about Europe like its a country is amazing XD This whole channel is just "number go higher = good, number goes lower = bad"

The main problem for Europe is the loss of manufacturing jobs to China and other places, this means there is an increase in imports and a reduction in output and exports, a perfect recipe for stagnation or decline. In adition this also leads to an increase in borrowing to make up for the loss of productive jobs. The 2nd problem is immigration, take the UK as an example the cost of public services is 16k per person per year, since only 1/4 immigrants work and pay tax that means that each working immigrant has to pay 64k in taxes for immigration to break even, or in other words they have to earn at least 110k which is way more than most earn. The more that come and the worse off the country gets.

Most european countries have self sabotaging governments. They're actively destroying the family unit and economies over woke agendas, which have been proven time and again to do nothing positive.

The currency Euro lost about a third since 2009. Thats why gdp in $ in international perspective cant hold up to usa, so the gdp/cap. If Germany still would have the currency DM which was a very hard currency, we cold have a higher gdp/cap than USA just as in 1995. of course the exports wouldnt be as high but we would be richer still.

The EU asked us to not drill for oil/gas from the cost of northern norway, so we did not do it. Then they asked us to increase production and drill anywhere we can, so we did for them....then they acuse us of war profitering from the ukraine war..

Ingergy?

For energy isn t France an exception thanks to nuclear plants ?

Brexit is a mess, EU at the mean time is also a mess, boy oh boy the future of Europe is surely shrouded in the darkness.

People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

Very interesting but unfortunately, the author speaks too quickly which makes the content of the video hard to catch on

The Left: Importing as many immigrants as they can because they don't believe in paying current employees a livable wage or a country first approach.

So-called "skills gaps" or "skills shortages" are not fixed by immigration, but by education and training. Aus has had a "skills shortage" since the late 90's and despite adding millions to our population, we haven't fixed it yet. It's a scam.

In the US if your not getting unemployment benefits, your not counted as unemployed, but are "choosing" the unemployed lifestlye and are not participating in the workforce by choice. Since the US workers get at most 6 months unemployment benefit, the true number of Unemployed people is much higher than the official statistics. This is why the US has only 62% workforce participation. That, and the huge "under the table" undocumented, and off the books, workforce.

In 2023, around 27k people emigrated from Germany to the USA. Which is a staggering 0,03% of the population.

"This can, and has had, negative impacts when capital is directed into finite and non-productive asset markets, like housing."
Can you elaborate on this?

Mass immigration in the Netherlands (my home country) made groceries and housing impossible for younger people while boomers sit up golden thrones hold aloft by the third world hordes who occupy social housing and take more and more welfare and social services leaving natives abandoned I have immigrated to the United States and never looked back 🇺🇸

America is better if you’re rich.. Europe is better if you’re poor.

I'm always amused watching the smug Europeans sabotage themselves, blame the US for their problems, and behave as if they're better than everyone.

not if immigrants are dark coler

so tell us how many homeless people does US have :D

Immigration has been a disaster

2 words: green agenda.

Its beacuse of this🏳️‍🌈🏳️‍⚧️☮️⚛️🇮🇱

You really think Europe rebuilding after WW2 is why Europe trails the US in economic growth? Singapore, Vietnam, South Korea have done pretty well since major wars ended. Work ethic and competition is the core ingredient for economic success in the high tech world. Europe is just too laid back.

Doesnt even need an 18 min vid. Mass migration is why

I live in a EU country where drivers and teachers earn almost similar to PHDs and software engineers doing high tech stuff. Yes, legend here is drivers make almost 6 figures. There is less incentive to work hard solely from money POV unless you love working. What EU doesn't get is people higher in chain are multiple times more valuable to productivity. Salary structures are relatively flat and taxes get brutally progressive as you go higher in chain compared to Asia and USA making it even less incentive to work hard. In lot of western European countries, median and minimum wage salaries is now only 20-30% difference and shows amount of interventions done by governments. It is race to bottom for middle class which is completely hollowed out and losing the most and are not able to afford good things besides the basics. Not that bad in my country where people are doing fine except housing.

Immigration is the biggest disaster any nation can experience.

Europe Regulates the world follows, the eu follows innovation

America is successful is the most funny thing I have heard looking at streets of San Francisco 😂

Liberalism destorys nations

how? by become us and uk dog. that's how..

GDP is a lousy metric to use. If every bank in the country is robbed, GDP goes up
If there's a chemical spill requiring cleanup efforts, gdp goes up
a country takes out huge debt for military spending, GDP goes wayyy up.
A country designs their cities to require a car, and further require gas, insurance, maintenance, and continually draining the pockets of Americans, GDP goes up.
GDP is especially lousy because it doesn't matter where the money ends up.

How Europe Sabotaged Its Own Economy
How China Sabotaged Its Own Economy
How the USA Sabotaged Its Own Economy

That's the current reality...

Good video. Solve the energy crisis and the world of possibilities becomes availabe to all. it will reolve hunger and shelter

“Universal type C” really annoys me. It’s not the result, that’s a good thing, it’s how we got there. The EU, a collection of 27 significant world economies, decided it was more important to ban the iPhone cable than coal power plants, unnecessarily short plane journeys or the diesel engine.

Foreign immigration is worsening the housing crisis in the UK. And it’s not skilled worker visas it’s “refugees” and illegal immigrants.

And it’s even worse in continental Europe! You blatant propaganda peddler.

You can turn up potless, pissed, and riddled with god knows what in Ireland that's why we pay more taxes, have a so called housing crisis, health crisis, and every kind of crisis the spin doctors can come up with, except of course an IMMIGRATION CRISIS.

We need to get out Irexit...

The US is not going to let China become the dominant world power without a fight. And I have bets on China winning whatever war takes place. Look at history to understand the future. The fall of another empire is in progress.

In summary Europe became too socialist and high minded snubbing their noses at the USA and forgot who allows them to exist.

Import the third world, become the third world.

Europe is sooo bad yet millions of people literally risk their lives to reach our shores and live here, besides the legal migrants.

Far more Socialist in all of their approaches
U can even see it in immigration where they don't feel the need to attract highly skilled people but asylum seekers and refugees

The US became the world's largest economy in 1890, WW2 wasn't the reason why the US blew paste European economies, it was the fewer regulations, entrepreneur spirit of immigrants and ease of financing.

Europe does not have the same level of education institutions. The UK might have one or two, but look at the Top 400 schools and see how many Europe as whole has.

Wait. So which one is it. Is britain the one losing skilled laborers to other countries or is EU losing skilled laborers to other countries including britain?
I mean if you're going to be such a UK bull you might as well say it clearly.