1:50 these parts of germany don't look like Disney movies. - The Disney movies look like medieval germany/europe. And Disneyworld and Disneyland are the plastic versions of it
Funnily enough the sight that is showing at 1:50 is the Frankfurter Römer which was destroyed in WWII. These houses were restored to look like the originals after the war. So it’s a bit like Disneyland.
That square is called Römerberg or Römer for short. It’s the medieval market square with the city hall and Nicolai church. It’s located a stones throw from the river Main and right around the corner from the Paul’s Church the historic seat of the first all German parliament. The authentic apple wine taverns are located in Sachsenhausen district right across the river. It’s a good place to start exploring Frankfurt.
Gdp has nothing to do with company value, you can‘t compare these two things. And Gdp is only goods and services produced in Germany. Apples revenue last year was only 90 billion so its way smaller than Germanys gdp.
Fun fact: „Made in germany“ was originaly introduced 1887 in Britain to mark inferior foreign produce but germany managed to leverage it as a brand synonymous of product quality, durability and reliability.
I'm German and it's crazy what others think about us. About our architecture, it's old houses from the 15th century,it's not allowed to change them from the outside, many of our inner cities look like this, especially in smaller villages.
It kinda depends… bigger cities that lay more in western Germany have very few of these houses because they have been heavily bombed in WW2. Thinking about Cologne were almost every house had been damaged or completely destroyed ( especially in the center)
Aber ich als einer, der für seine jüngere Generation spricht, ist es nicht wirklich mein Geschmack, aber naja, Tradition nehmen die Deutschen anscheinend doch sehr ernst...
About that "it looks like out of a Disney movie" It's actually the other way around. Many famous Disney movies are based on century-old german fairy tales (=Märchen) Those include: -Cinderella (=Aschenputtel) -Beauty and the Biest (=Die schöne und das Biest) -Rapunzel (=Rapunzel) -Sleeping Beauty (=Dornröschen) -Snow-white and the seven dwarfs (=Schneewittchen und die sieben Zwerge) Many others are based elsewhere in Europe around similar times. Therefore it's no surprise that Germany looks like Disney movies - it's because Disney movies actually play in Germany and its neighbouring countries.
@Jan Rozsypal you are a funny guy. what you call german immigrants are the founding fathers of the usa..of course the dutch, english, french, spanish, are also part of it.the real americans are what you call native americans.yes, there are actually things that americans can do much better. lie e.g. to achieve your goals..think of the gulf war and the non-existent gas weapons of the iraqi.cars. Americans can't build real cars. ok road cruiser. but none of that is bmw or porsche or lamborghini or bughatti or rimac... it all belongs to VW or their subsidiary companies. racism is lived in america. despised in germany. the education of the Americans sucks. many don't even know where europe is located and what kind of countries are there. but what is true .. Germany is rich but the wages are lower. there is a super social and health care for everyone who lives in Germany. waiters can make a living from their work. i could go on writing for days where germany is better and the usa is worse. but that's not the point. just wanted to show you that you write absolute shit :)
I think the debt thing is a very good demonstration of German culture. The German word for debt is ‘Schulden’ which has the same semantic origin as the word ‘Schuld’ which translates to guilt. For any German semantically speaking debt and guilt are very closely connected and who likes to feel guilt?! So frugality and refusing to use credit wherever it’s possible is very much part of German culture. This also goes as far as Germans using credit cards less and more cash because then you only spend what you actually have in terms of disposable income.
Yeah I think there is only one generally accepted case in which you borrow money here. That is to finance a house, but even then you have already a sizeable chunk of the money on hand and borrow the rest. So paying of the dept roughly equals out with what you'd have paid as rent anyway.
The history of the inflation after WW I and the shock of the stock market 1929 which ended in dictatorship only four years later has brought a very riggid thinking about boroughing money. But the many successful SMEs would not exist without (often local bankings) loans. But these are the motor of the economy of Germany and the EU.
@@Jenozie99 hm.. But it's changed in the past a lot. Except the accepted Tradition to get Credit to buy a house/car etc, it's more and more common to buy Electronic devices (Handy, Laptop, music box etc) or household gadgets (fridge, Kitchen, etc) with 0% interest Rates. But all in all compare to other countrys. We still prefer to buy most Things in Cash like you said, but especially young people are more target groups Today for Credit card Deals
@@Kivas_Fajo but i would say there is one big difference. In Germany the biggest debt position for Individuals are houses/flats/Companys. So behind the debt is a real value and not like a debt house bubble with astronomic prices or some worthless items like TVs/Student loans/health insurance cost etc. So in the worst case the Bank gets back his money and Must not be rescued by the state... At least not yet
This is really comparing Apple(s) with oranges: Germany *makes* 4,2 Trillion in GDP a year. Every year! Apple as a whole is *worth* half of that. But only once. Apple *makes* "only" a few billions a year. What Germany is "worth", if it was for sale, can't be estimated, just for all the art in churches, palaces and museums.
Funny, we had a political party in the Netherlands called: "Party to liquidate the Netherlands". The idea was to sell the Netherlands to some sheiks and give the money to all people inside the Netherlands. They said we would all be millionaires in one stroke. They did not get enough votes to enter parliament, though.
Right, GDP measures annual production output (which has its problems with accurately representing a country’s economic strength). Value is much harder to measure. Stock market value is much different than book value or cash value or utilizable value or sentimental value.
Still shocking that Germany could buy apple only 2 times per year... Hard to understand somehow but 83mio people with a high median standard of living in comparison is kinda weird
You, as an american would be surprised by european infrastructure (especially the german speaking area and the scandinavian countries). America looks to us like a developing country in some places.
@@Oida-Voda i.m a lot in Austria, it us mich smaler and my Doughter lives there also becouse of her Austrian Husband. Some things better there but a lot things better in Germany.
When I was in school my teacher tought us that Germany was pretty low in resources but we're always praising ourselves as "Land der Dichter und Denker" (land of the poets and thinkers), to set our core values to creativity, knowledge and inventions
0:40 Berlin 1:50 Frankfurt/Main, Römer Square 2:40 Until 1990 West Germany was about the same size as UK or France. Than the 16 Mio. people from East Germany were added. 4:30 Hamburg, Outer Alster. A normal summer day. 6:30 Germany's economy is not driven by the big companies. The most surplus (and the most technological advancements) is generated by middle-sized companies and family-run businesses. 7:00 GDP per capita is often higher in countries which live from financial services and/or are tax havens, but are not as productive in terms of technology or manufacturing. 8:00 Comparing wages is only one half of the story. You would also have to compare what you can buy for that money - the spending power. Comparing that category Germany was 2020 third in Europe after Luxembourg and Switzerland and before Norway. 11:20 That's bullshit. Coal and steel were important in the 19th and the first half of the 20th century. The EU started as the European Coal and Steel Community to pacify the conflict between France and Germany around that resources and to give the neighboring states more control over the resources used by the German arms industry. But since the 1970s the coal and steel industry lives only due to subsidies in most developed countries - nowadays other resources are far more important. Additionally there is not much iron left in German soil, German stone coal mines are mostly closed due to economic reasons - what's left over is far to deep in the ground. There is still surface mining for brown coal, but only because it is subsidized (with money, but also with old laws allowing compulsory acquisition for exploitation of some natural resources). There is no economic profit whatsoever regarding national accounting. Germany has not much natural resources left except of its agricultural used area (48% of its total area, Germany exports a third of its agricultural production) and its forests. 11:50 Berlin, near Brandenburg Gate. Berlin is not the cleanest of German cities. 12:25 Most of the Marshall Plan money was used in Germany to finance the "Kreditanstalt für Wiederaufbau (KfW)" (credit association for recovery), which gave subsidized loans to recovery projects and residential building. Its balance sheet total is now 551 Billion Euro, and it still works following the same principles. Currently it is e.g. financing many of the energy transition programs (see e.g. ruclips.net/video/jA7dUbwT53Y/видео.html regarding housing programs)
@@marenhuwald1445 Nonsense. You're referring to 2015, right? 1st: The problems in 2015 were caused partly by the efforts of the Merkel government to _avoid_ the immigration of refugees from Africa, Syria and Afghanistan. They tried to hold back especially Syrian and Afghan refugees in camps outside of EU, but at the same time paid not enough to UNHCR, to the World Food Program (WFP) and other international organisations to secure medical and food supply to those camps. So more and more desperate people tried to leave those camps and to find a way into the EU, often by boat to Greece, and since Greece was overwhelmed by the numbers (and was not helped in any way by other European states, especially not by the Merkel government), a trek of refugees started, using changing routes through the Balkans. Only as the treks arrived in Budapest, Merkel reacted to the pleas of Hungary and Austria and decided not to close the borders (which would have risked the Schengen treaty and European integration anyway), so to "let some steam out of the boiler". There were also some refugees from Egypt and from Africa taking the route via Greece, because the route via Lybia and Italy was seen as far more dangerous (in April 2015 around 800 people drowned in one accident alone of many on that route). Merkel then initiated the new treaties with Turkey, essentially paying Turkey for confining the refugees and closing the border to Greece for them - which did not change the supply situation in the camps however. 2nd: Around 0.9 million refugees arrived in Germany in 2015, many of them from Syria, including physicians, other academics, university students. Syria had an outstanding educatiion system before the civil war. Not a few other refugees are also from relatively well-situated and -educated families, which could afford the fees of human smugglers. Most of the refugees from 2015 still in Germany have jobs or at least apprenticeships now; they had a positive effect to the economy over all (a little bit damped by the Corona situation in some cases, because they often found work in sectors severely affected by the pandemic).
There are over 120.000 t of Lithium (that's equivalent to over 600.000t of LiCO3) and several thousand t's of stuff like Tungsten still in the ground around an area called Zinnwald in Sachsen. The estimated worth lies somewhere in the billions. Sadly though, the rights to mine it have been sold to some Canadian company for a measly 150 Million €.
9:50 Germans very much dislike being in dept. Kids learn early on that taking a credit will make your financial situation worse. If you can't afford a product, there is a good reason for that. If you can't solve that reason, borrowing money won't change the fact that you still can't afford it. Most people will only take credits when they want to buy something very expensive but long lasting (like a car or a house) or in cases of emergency. Also Germans are not super focused on being or seeming rich. Having the biggest, newest, shiniest thing will not impress many people. If anything, people that always buy the most expensive stuff are looked down on for being wasteful and unable to handle money.
@@NICEFINENEWROBOT to borrow brings worries* is a bit better. Sorrow is more when someone you love dies. And brings is better for "bringt" than means. Cheers from a fellow German who has an unfair advantage of having lived in the USA.
@@Humanaut. I tried to keep the rhyme. *"Borry means sorry" - no *"Borry brings worry"- no "To borrow today brings worries tomorrow" - better? I had the advantage to learn English via Beatles records. It may have added to my sense of humo(u)r. ...in his own write...🎸🔁🌌
I'm an intensive care unit nurse and medical student and I want to add that visiting medical school / University does cost us 150€ per Semester (use of public transportation included) and our health care system cost us ~7,3% of our monthly income (Here we usually wont have to pay any "bills" when we visit the doctors in regards of health issues or when we are admitted to the hospital e.g. intensive care unit). The usual work hours here in western germany are 38,5h and as a nurse I have 39 days of vacation each year. I believe in the US the work-ethic is somewhat different?
I study at a private academy, for which students have to cough up about 250€ per month for tuition fees and the train ticket. The education is full-time, so there's not much room to earn something on the side - luckily, there's support from the state for students whose parents can't afford to fully pay for their upkeep costs. Still, it's way way better than in the USA. I'll leave university after 10 years with way less than 10.000€ in debt to the state, which is to be paid back only after 5 years have passed, and with very little interest. Waaay better than to start off with 50k+ in debt which you'll have to start repaying immediately.
Ever since I was a child, my parents always told me that there are only 2 good reasons to take out a loan: to buy a house, or a decent car! For everything else, save until you have enough money!
honestly, strike the latter. Taking up a loan for a car is pretty stupid, finanically speaking. Think about it: You borrow 100,000€ to buy a nice car… the moment you start the engine it already lost a large proportion of the innitial value. You still have to pay back the 100,000€, although your car might only be worth 90,000€ now. Housing is a very good idea. Yes, it is expensive, but houses and appartments are usually a very stable form of investment that usually grows it‘s value over time, meaning it will eventually outgrow the your innitial loan.
We Germans work so little because we have recognized that a good work-life balance increases productivity. Maybe the U.S. should also try giving workers paid vacation. 4:40 We also love the quiet. The lake is in the middle of the city and motorboats would make too much noise and disturb the people relaxing on the shore. On this lake private sailing with motor boats (also boats with electric motor) is allowed only with a written permission. When driving motor boats with 5HP and more engine power, the sport boat license is mandatory.
@@j.vdubois5074 Sadly, that USED to be the case. That classic mentality doesn't exist much any more. Sure, there are a few left, but Germany has shifted into a welfare Country.
@@MBrieger not completely shifted, but the hard german worker culture is definitely shifting towards "do it cheap somewhere for profits" or import immigrants to have a cheap workforce. If you, I suppose you are german, don't do something about it, the hard german worker who produces quality goods picture will be only a picture in a paragraph in the history books.
@@DaniSpeh Well, I think 16 years of Merkel has left marks. In general, I never felt a need to move abroad and initially I only wanted new experiences. However, as times passed and my observations of the development back home let me to the conclusion that I identify less and less which whatever Germany defines its national values. To be sure, I am all for a healthy environment and all that. I live in California and we have pretty strict Laws in that regard, but I differ on how that goal should be reached. I also differ extremely strong on the work-life balance understanding. Now I do think that disadvantaged people should get support, but I completely differ on the approach. That I why I think Germany is a welfare Country in many aspects. Further and for me on the funny side with a sad eye, they are now whining that they can't get a qualified work force, yet they do everything imaginable to undermine that effort. If I were to work in Germany, I may only get half of what I earn in the US and would be in the highest Tax bracket. What incentive is there? Further, if I want to part take in national elections, I have to qualify for that. Sorry guys, F* YOU. The German Government doesn't care one whit about their Citizens abroad. Bothered me in the beginning, know I know that it is a matter of Character.
As a German, I need to clarify a few things. (You know, Germans love being precise and have the urge to correct someone, so sorry for that! 😅) - It is nowhere near as nice and clean as in the videos. Especially Berlin is only so clean in the tourist areas. There are many ugly places with horrible architecture in Germany, because most of the big cities were destroyed in WWII. Only a few were (partially) rebuilt. You often see functional buildings that were built quickly and cheaply in the 1950s and 60s. - 25% of Germans work in the low-wage sector. They can only survive with state aid. - Even though we have one of the best social security systems in the world, living on low wages is not a good life. - In my opinion, German companies are often undervalued in contrast to American ones, which are often completely overrated (compare e.g. Tesla vs. Volkswagen, that would be worth a separate video)
Generally speaking I agree with American companies being overvalued when compared to German companies. However, i don't agree in the case of Tesla vs VW. This would be a very long debate but Tesla vs VW comes down to FUTURE POTENTIAL. Tesla is the leading high tech electric car company in the world. But it's a 1) energy 2) software 3) AI aaand 4) car company. Small companies pivot much much faster. Large companies are slow to adopt a whole shift in paradigm and tend to fall behind. Tesla is clearly the leader in EVs. All of the best engineers want to work for 1) Tesla 2) Spacex (NASA and Lockheed Martin etc come later). Best engineers = best products = best company. Look at Tesla's YoY growth, it's pretty insane and isn't slowing down.
It is Not Like Apple vs Nokia. VW will sell a lot of EVs vor a broad customer ship. Tesla builds cars for the luxury segment. The potential ist Limited. A Tesla for 100k ist not something everyone can afford like an IPhone. All Car companies invested billions in the development of EVs. So ist will Not happen that Tesla will dominante the Market Like Apple does. Soon a Lot of carc companies will BE in the Same Level.
@@Taugtaug that is wrong in several ways. To start with the trivial: You cited a Tesla as costing 100k$. You can buy a VW Touareg for 160k or a VW T5 Transporter for 180k, so you intentionally picking Tesla's most expensive car (excluding the sports car/roadster) is a red herring, you can do this with other cars. The cheapest Tesla is currently a model 3 for 36.000, with government incentives it was already possible to get it for 30k. As musk has stated, their goal is to build successively more affordable models over time and scale at break neck speeds, which is exactly what they have done so far. Their stated goal is basically to overtake VW and Toyota with the amount of vehicles manufactured. Now, i understand that that's a future statement buy as I said, future expectations always flow into current market pricing - for a long time the criticism against Tesla was the lack of profit margins due to them reinvesting and scaling with everything they had. Early investors were right not to listen to those who valued TSLA low due to low profits. Yes, some of the large car companies will make a successful transition in the long run, however, they will only have small market share(until they catch up) and they are indeed currently playing a game of catch-up. Of course, you won't see this in their advertisements since everybody is "high tech and preparing for EVs for decades already", but this change in stance only happened after they failed to destroy TSLA basically, their hand was forced and they did not want to switch because of all the sunk costs in ice development and manufacturing. It's a different game. You need to secure all of the rare earths/precious metals for the battery packs and establish a supply chain way in advance in order to be able to meet any sort of demand in terms of the very resource intensive battery-pack production. Also noticed how Tesla was the first car company ever to invent and use single die Casting technology - a major and difficult improvement in manufacturing - even though many other car companies have been around for a century now. Big fat companies get slow and comfortable, large pivots are scary, expensive and thus painful. For EVs you not only need good car manufacturing(which was Tesla's weakest point in the early days) but you also need a whole large section of the company devoted to having a large pool of top notch software developers. Notice how Tesla has the world's leading expert in Computer Vision, Andrej Karpathy, working for them? (My sister's husband is a PhD in neuroinformatics and also works in Ai/computer vision and he attests to how good Andrej is, take that for what it's worth). All the large companies compete for the same talent pool, and the one that gets the best people also had the largest advantage. Where do the best people go?.. Also think of all the ways Tesla profits from it's different sister companies and the way those technological innovations overlap, synergize and thus improve quality while also reducing cost(the steel developed for starship being used for the Cybertruck for example). Tesla is vertically integrated and with the least amount of outsourcing possible also has larger revenue streams and more control over what it does (as compared to other automakers who have to outsource the tech part) - it also has quite a unique semi-non-hierarchical internal company structure and company policy aimed at making things as quick and efficient as possible, which clearly works as attested via their insanely quick iteration speed under the hood as can be seen in the teardowns of sandy Monroe . Like I alluded to before, there is a lot more going into it, more than just designing a good EV on paper. You have to look at all the ways in which it differs from a traditional ICE manufacturer. I could go on but I'd rather say this: Delve deeper into the topic before prematurely forming an opinion and sticking to it.
„living on low wages is not good“ oh well tell that to people that are starving in poorer countries. your comment also reveals another german attitude: complaining even though they have it fucking amazing.
The "resource rich" part of this video is only kind of true. We used a lot of them already in the last millenia and the economy shifted to buying raw materials or simple components and assembling or refining them. Germany also has a large service sector contributing to the GDP. It is still the goal here to educate the population to enable them for high valued jobs. Results are a little bit meh in the distribution of that education
That "lake" at 4:45 is a river in the center of Hamburg, Germany, called the "Alster". Beautiful place, I can tell you! That railway directly leeds to "Hauptbahnhof", the Central Station of Hamburg. And yes, there are several boat and sail clubs at the Alster, as well as field hockey (but that's another story).
As for the old houses: If you build a house that stands for 500 years (and some of them are older), then it's still efficient, even if it takes three times as long as building an average American house that mostly is gone after 50 years. Then again: these huge timber constructions never were average homes. They were mostly build by the rich mercantile upper class of their times.
Exactly and let me please add, thats why you usually see these houses in very special places like the city center or the "marketplace" (which is most of times the same). The houses of the common folk are most probably nearly all gone by now.
@@Dark1984Knight I beg to differ - there's countless historic houses of the not-so-wealthy still standing and kept in good condition. Although, of course, the more impressive ones were more likely to be kept over the course of the centuries. In the 60s and 70s, especially in more rural areas, many historic houses were torn down, which is a pity. Luckily, nowadays the law for preservation of monuments (Denkmalschutzgesetz) is way more strict than 50 years ago, putting value and appreciation into the work of our forefathers and -mothers.
4:38 That's Hamburg, my adopted home city, with one of the two artificial lakes right in the city center. The one you see here is the Aussen-Alster, the Outer Alster. Nope, that's not some special event, just a nice, sunny afternoon, probably on a week-end with people using the lakes to relax with their tiny sailboats. These two lakes determine a LOT of the good air quality of Hamburg, as it is a huge oxygen depot right in the middle of the city, able to soak up a lot of CO2 and other fumes, and release oxygen. Also the huge open area allows for some nice breezes to blow through many parts of the city, allowing for less stagnant air in hot summer days. It is amazing how these two lakes have improved the quality of life here. There are some tourist boat trips, but all other private boats are usually without engines. Don't worry, there are also a lot of really ugly parts in many cities. But once you step outside cities, the ugly parts vanish fairly quickly. Usually Germany is a very verdant and green country. This summer (2022) however has been exceptionally hot and dry for long periods, resulting in a few fairly large forest fires, as well as dried out river beds and even water storage facilities. Even the large river Rhine fell so low that shipping along it became impossible today, when a grounded ship blocked the last possible shipable lane in it. It is the main supply route for many goods to Switzerland from Rotterdam in the Netherlands. The Marshall Plan aid to Germany was roughly $1.4 BILLION, not million, dollars. But that was only around 11% of the total value of around $13 billion to all of Europe's countries. The UK recieved roughly 26% of the total aid, France around 18%. Just stating the numbers, not complaining at all. From the German point of view it was incredibly magnanimous to even consider Germany for recieving aid at all. So no complaints there. Just to put it into perspective. 13:12 That's the Reichstag, the building which houses the German parliament, and has been since 1872. You can actually visit it, even during working hours of the Bundestag, but you have to reserve to be part of a tour several weeks in advance, as the number of places on the visitor's rink at the top is relatively limited. It was heavily damaged during WW2 but rebuilt with lots of the original materials recovered from the ruins.
Imagine how much more powerful they’d be had they not started WWII. That said, had the French and British not played the holier than thou game with the Germans after WWI, maybe it wouldn’t have cause such resentment against them. No one’s ever made Great Britain pay for the atrocities they committed throughout the world or the French for that matter. The Treaty of Versailles was more of a revenge attack on the German people than an act of appeasement. I am by no means excusing the atrocities committed by the Germans inWorld War II. My point is that despite Germany’s major mistakes, they’ve worked hard to not be defined by the actions of their past by never forgetting their past while at the same time working hard as a nation and becoming a better nation and people.
Imagine how much more powerful America would be if we owned the terrible things they did. Imagine if we were not the world police. Imagine if we did not start anything in WW1 and 2.
@@christineperez7562 would america be? Without all the military spendings and developments resulting from them and stealing of german technology, you would may be powerful but not in a way you are now.
i dont think germany would have to show anything in terms of economic power if there were no ww1 and 2. germany rose to economic power thanks to the aftereffects of ww2s surrender and being built up by france, GB, US. and with the late industrial revolution germany was economically behind compared to other nations pre ww1
@@zombee0036 it depends i would say. Since germany as a state was founded as late as 1871, it lacked behind the industrial powers of the time. But when new industries developed at the end of the 19th century, chemical, electrical, car manufacturing, germany was and is one of the leading countries. But innovation might have gone slower without WWI and WWII, because war is always a good innovator.
I spent nearly a decade in Germany with the EU Erasmus (i studied in Hamburg) - as for why it looks so nice. Well - you will find plenty of terrible, poor, dirty places in German cities, too. (like that should not be a question) - but the video does by no means show the most beautiful places in the best light. I would say .. from my subjective experience .. it shows adequate places, above the average sight (also, a clear sunny day, instead of a steel grey, overhung rainy day) .. so - what it shows is not "beautified" but actually pretty normal places for people to go. - wealth .. from what i have seen, it is more similar to us Nordics. Wealth is slightly better .. distributed than in the USA. You wont have the 1% or 0.1% that dominate spending so much. You have a more solid middle and upper middle class - but make no mistake, you also have a wide lower class .. The thing is, when you are of a specific "class", you kind of hang out with people that are similar to you .. so i do not know how poor Germans live; or how many there are - because my family and i are also kind of solid middle class. - debt ... since i studied education (i did some teaching in Germany, too .. but i am now back in my home country). I did basic school in Germany as well as secondary school. Not sure if it was actually in the curriculum .. but we did teach our students about debt and why NOT take it. So we did a whole seminar with the students about avoiding debt, saving instead of spending etc. - but could have been just a side project of my mentor then.
Nah in Bavaria there is a whole subject called Wirtschaft und Recht at least all Realschüler and Gymnasiasten have to do that also includes spending habits, how to manage money, how Stocks etc. Work and risk/gain management if you choose to use sth concerning money. Some also have Wirtschaftsinformatik/Betriebswirtschaft u. Rechnungswesen which is basically bookkeeping, assesing product/company profitability and other things to do with economic maths. I always hated the maths part/the teacher I had but you can actually choose that as a focus subject/ subject group and make it a final exam subject. (Not actually at all unpopular, language focus had less students in my year than Bwr/ WR)
I can confirm, teachers do cover dept/loans (both personal and on a national/government level) and we were definitely taught to avoid them any way we can;-) The only thing my teacher waived was payment plans (Ratenzahlung) for something you really need, like a car that gets you to work. Konsumkredite (loans to buy nicer things, like a bigger TV) were the absolute enemy, and basically a shortcut to hell;-))
In Germany in the groundschool (,Class 1-4) ist Theme on the educationalplan (Lehrplan) ... In Class 3+4 ,...all Kids lern to manage Money on the example of Pocketmoney..( a Kid geht normally from their Patents. ) IT IS a little amount often 1 Euro per week and they learn to get along with this amount. I have been trained In school in Class 3 and 4 to buy Things in a Supermarket through playing kaufmannsladen ...what is a very old Form of a Supermarket and ist a Loved Form to Play among Kids.
"The thing is, when you are of a specific "class", you kind of hang out with people that are similar to you " That`s absolute nonsense. Even with the salary differences in a company, there is no such "class", where you hang around.
Die Schere zwischen Arm und reich ist eigentlich schon vergleichbar mit den USA. in Deutschland haben die Top 1% mehr als die unteren 50% der Gesellschaft... Dazu wird es dir extra schwer gemacht im Bildungssystem als Kind Armer Eltern aufzusteigen. Ein "Klassenaufstieg" in eine höhere Gesellschafts Klasse ist kaum noch möglich, die Gehälter Stagnieren und die Preise explodieren. Die einzigen die Profitieren sind alte Leute die besitz haben, die Vermieten ihre Günstig gekauften Wohnungen nun extrem Teuer an die Junge Generation weiter, bei Jobs sieht es ähnlich aus, du wirst quasi als Junger Mensch ausgebeutet von den älteren generationen. Wenn du sowieso eher Reich bist juckt dich das nicht und du bekommst es nicht mit, wenn du aber eher aus Ärmeren Verhältnissen kommst merkst du tag täglich wie dir Steine in den Weg gelegt werden, die reichen werden immer reicher und die Armen immer Ärmer. Und die Mittelschicht hilft den reichen dabei in dem sie das Narrativ der "faulen" Unterschicht verbreitet und Arme Menschen verhöhnt, obwohl es keine Mittelschicht gibt und die alle Ebenfalls zur Unterschicht gehören... Es gibt nur zwei Schichten: Die besitzenden (Oberschicht) die so viel besitzen das sie nicht mehr arbeiten müssen, und die Arbeitende Schicht (Unterschicht) die zum Überleben Arbeiten müssen und mit ihrer Arbeit die Oberschicht immer reicher macht. Aber man hat trotzdem Kontakt und Freunde in deutlich anders finanziell gestellten Familien, ich habe Freunde von Hartz IV empfänger bis zu Millionär Familie und wir kommen alle gut miteinander aus. Wahrscheinlich auch zum Dank das wir alle auf einer Gesamtschule sind, die lockert die harten gräben zwischen den Einkommensklassen stark auf. Es sollte nur noch gesamtschulen geben!
The houses from Disneyland are actually called "Fachwerkhäuser" they were build alot from 14th - 18th century so most of them are pretty old they actually did build the Framework out of wood and filled the free spaces between the wooden beams with straw and clay. It is part of German culture thats why you would see alot of them, especially in the south of Germany (also in some Parts of France, espcecially in Alsace because it got occupied by Germans multiple times). They are under monument protection which means that no changes to the actuall look of the house can be made (even if you own it).
12:30 That is true and the importance of the Marshall Plan is often highly overstated. It did help, obviously, but it did not cause Germany's economic miracle. After all, other countries received more funding and didn't show the same results.
No the number is wrong, they are missing 3 zeroes. The Marshall-plan contributions for Germany were about 1.4 billion dollars (about 17 billion adjusted for inflation).
Also Adenauer, the guy who ran the whole show for 16 years, was a powerhouse of a politician and got the economy running again. We had Brandt and Schmidt as well.
Germany had a big headstart by the Nazi economics (not to forget the quasi-colonisation in Europe during the war AND the massive exploitation of human ressources) and the huge „aryanization“ (meaning: expropriation of all the Jewish industries and companies). The German „Wirtschaftswunder“ was mostly the profiting from this Nazi-headstart. The USA helped Germany bridging the continuation for mainly two reasons: To appease and avoid a new nationalist resurrection like it was before, after Versailles 1918, and in order to build a anti-communist buffer against the Soviet Union and Warsaw Pact. A very simplicistic view, but the main line is: Yes, the financial aspect of the Marshall Plan is not enough explanation for the rise of German economy in the second half of the 20th century. But mostly because of the Nazi exploitative economy that put the foundation.
I lived and studied in Germany..(Bonn University..🇩🇪.fantastic place) .it is a great country and its products are of a very high quality. But it has to import a lot of gas and oil and has found itself in a difficult position since the attack on Ukraine started..there is talk of energy rationing in the winter...this could have an adverse effect on its ( and Europe's) economy.
It could have an effect on its economy? No, it will have. Our beloved german government is destroying Germany. And in 50 years the people will ask themselves "How could that happen?"
Thank you for all the compliments to our country. We will be eternally grateful to the USA for not abandoning us ordinary citizens after WW2, after what the Nazis did. I hope we can expand our relations in the near future and also produce more in the EU/USA again, so that we don't give countries like China or Russia a chance!
What do you mean with "not abandoning"? The Marshall -plan? It was not about Germany or German citizens. It was only about the fight of systems ans providing a nice picture for outside (Schaufenster).
"eternally gratefull" hahaha! The Yankees are germany eternally grateful for starting a short war, from which they could profit in a state of recession! As we know today, not only major banks and companies funded Hitler, but the swindler Roosevelt deceited his citizens, provoking the Japanese to make war against them, and also having prior knowledge, that they are underway for the attack of Hawaii, doing nothing... He wanted to join the WW2, his people not.
Although the video mentioned that Germany has a lot of resources, it actually doesn't have that many anymore that are mined at a reasonable cost. Germany imports a lot of oil, coal and gas for example. One of the reasons for the low amount of hours worked is how well organized companies are compared to foreign ones. When I worked in Germany I never did overtime, but plenty once I moved to Australia. Many companies are very mechanized, so a small amount of workers can put out a lot of production. Germany is quite densely populated, this makes public transport more efficient for people. Many Germans are thrifty, careful with their spending and quality minded. One of the few drawbacks is that German companies can be risk averse. For example "Venture Capital" is translated as Risikocapital = "Risk Capital".
Germany has like the 7th largest reserves of coal. There’s also a lot of lithium and if worst comes to worst it could do fracking in Lower Saxony for about 40 years. At one point, Eastern Germany also was the 4th largest exporter of Uranium. Although, I don’t know how much there still is.
@pegamini And a minority of narrow minded people still complain. Maybe you think in another way if your hometown is flooded. Or your house just sinks 3 m into the earth.
well, in a densely populated country like Germany, it is not wise to dig a hole in the ground wherever you like. The "coal-barons" of the past took the profits, while the society will have to cover for the costs of cracking ground, streets, houses, canals ... for ever. "Ewigkeitskosten".
Hi, actually it was 1.3 billion $ which was about 11% of the whole marshal plan for Europe. The rest was distributed throughout Europe with the UK and France receiving the largest shares, well over 20% each, I believe. It is astonishing that Germany has already paid back about 1 billion to the USA in the 60s. Then the US announced that the debts are forgiven to the countries. Maybe we citizens of Deutschland seem not to be sooo rich, but you have to see that our way of live isn`t that expensive either... Yet :) We`ll see. Life, travel and having fun is much more affordable compared to some other counties and the people are quite contend with that, otherwise they would just emigrate. It seems the opposite is the case, we are the second largest immigration destination after the USA. Greetings
Yeah we are a good immigration target for unskilled workers. The brightest minds usually leave our wonderful country and try their luck in Switzerland and in the USA.
Well, the "myth" of the Marshall plan is, that it "kick started" or helped the German economy to recover. But that's not true. There is an US study (can't remember the name of the university), which says that only 0.1% of the German growth after WWII comes from the Marshall plan. And the reason is easy: Most of Marshall plan have been coal, food and clothes etc., so mostly goods, not money. The biggest effect/help of the US for the German economy was when the US allowed Germany to build weapons for the Korea war. This paper was a "shock" and destroyed a lot of myth of the Marshall plan, which we all learned here in Germany. There have been a lot of TV shows and politicians having discussed this study (mid 90s?). The Marshall plan helped the German people, without any doubts, but not the economy at all. That's propaganda.
They certainly showed very clean and beautiful stock-pictures of germany. Also, many of the shown roads where main roads, which are kept quite immaculate, because roads with holes erode faster under heavy traffic. If you go into sideroads, that Image might change drastically, depending on the wealth of that Region. Many side roads are paved with stones, though. Stones can be re-set which makes them last for a very long time, much longer than tar. I do think that our tax-euros go to good causes, mostly. Parks are clean and safe, roads are okayish, Police is helpful and healthcare affordable. Things like food are made affordable at all costs (at least the basics).
4:50 that's because sailing is actually a skill and fun and more cost effective than just having a boat. Those sailing yachts will have small motors just in case or for docking, but generally speaking sailing is quite popular on a lot of recreational lakes.
@Juvens, it's not even alowed to have a small electric motor on that that river. You need a written permission from the local authorities and usually only a very few tourist boats, police boats get that permission. That river is located in Hamburg and is called "Alster" - by the way;)
@@janni132 Laut der Wasserschutzpolizei Aussenstelle Alster, ist das sehr wohl möglich und auch sehr gängig. Natürlich muss man eine Genehmigung beantragen, aber das muss man mit jedem Fahrzeug auf deutschen Strassen, Flüssen, Seen und selbst in der Luft. Es gibt kaum Segelyachten ohne kleinen Motor. Aber danke fürs Beitragen des Ortes. English translation: The local authorities disagree. It is in fact allowed and not uncommon to use electric motors.
I found it strange that although I do not know him I quickly had the feeling to meet a good friend whom I appreciate avlot when I see his reaction videos. Is it called charismatic? Humble, funny, smart ...
It's a plus in economy, but not war as we have learnt a couple of times. So now you know why there 'was' an anti military culture, which has changed a bit since Putler showed up in the Ukraine. But now it's another situation with lot's of friends around us.
As a German I have to admit from the outside Germany looks like a modern, solid and interesting city you may want to visit. But living there is not even close as nice at it may look like. Our government is literally destroying our economy built up over many generations. It's really sad how Germany is evolving
The town you see at 1:55 is Frankfurt. This is the Römer, a very famous (for Germans) place. We greeted our soccer team there when we won the 4th world champion title
Yep, when you mentioned "Looks like the use of taxes is way better" I had to laugh. Every day I think the same thing that here in the US, we pay pretty close to what you pay in Germany, but no free schools/Universities, no universal healthcare, way better roads, safety for unemployed or with health problems and an infrastructure/public transport that cannot even be compared since the US is way behind on that. I just hope that one day taxes are used for those things and not wasted.
I think German taxes are quite higher, effectively >40%, but you get universal healthcare, superior social security, free universities and all the other things you’ve mentioned. The governmental revenue is around $1.9 Trillion each year, the US in comparison is around $3.4 Trillion with 4 times as many citizens.
Fun fact about the about the "no motors allowed lake" at min. 4 - it's actually a river called "Alster" and is located in Hamburg. There are only a very few motorized boats allowed and most of them are tourist boats. In summer time the Alster is packed with sailing boats, as these are more or less the only ones which are alowed. Greetings from Hamburg ;)
Beautiful places exist everywhere in the world. I think that Germany has made it somewhat of a "priority" to have some beautiful places, but I can also be wrong. I have to say that our little town near Augsburg is not insanely beautiful, but even the roads compared to the ones in the US are premium spec. You can drive 62 mph even on the standard roads without losing traction and crashing off the road. I would love to see you one day, and I'll recommend Augsburg as I think its a beautiful place worth visiting. It would also be funny watching you play GeoGuesser in Germany to see if you really think it is beautiful or not.
@12:36 Germany used the money, instead of all other European countries, to form the "KFW" Bank (Kreditanstalt für Wiederaufbau), which they used to provide credits with low interests to the people. Thats why in fact the money from the Marshall Plan is still in circulation
Bugatti,Bentley,Lamborghini, Rolls Royce are all German too. Germany buyed all these Car Companys. So you can tell, Germany is Number 1 of all Popular Cars around the World. And all These together are way more expensive then Apple.
A lot of the German architecture that looks amazing to you and like Disney ist just old often older that US as an country . In my bithtown there houses from 980 ad. In oldtown centre for example
Short fun fact about 2:00... There is also the "new old town" in Frankfurt am Main... So the houses were newly built from 2012 to 2017, but in the old style. They replace the medieval city that Frankfurt lost in the war :)
The reason for apple beeing so Big is partly because of the exploitation of the workers, now here me out before you judge, but in germany there are alot laws that restrict companies of that exploiting (parental leave, paid days off, paid sickdays and so on) America doesnt have that, thus the companies will always be bigger. That doesnt mean that they are better, infact i despise those practices. We (germans) have learned from our past, i wish america would do the same.
??? The exploited people are sitting in Asia, not in germany or USA. And guess what german companies use low paid workers in poor countries just as american ones do.
@@KwaPaN3R i am sorry if this offends you, but unfortunatly it isnt true. America does exploit the workers. Tell me, What happens if you get very sick ? Like something really severe which takes like months to recover from. What happens ? Your coworkers need to "gift" you their sick days, so you can actually have some sickdays, and even then, that might not be enought and you get fired anyway. I wish it would be different, believe me i do. Unfortunatly this is not how it is in most cases in the us.
@@KwaPaN3R then let an American confirm that. I know i am not talking bs, but hey just today i have spoken with a women from Seattle about this exact topic, and guess what she didnt say its BS she actually confirmed it. But np you believe what you want, i rather be the non ignorant type ;)
Germans are lazy workers, I work in another country and my work is in German and guess what the least productive workers in our company are the people from Germany
1:54 _"You don't walk around in __-America-__ the United States and see architecture like that."_ ➡ Probably, bc this architecture in the video seen right now (it should be the most cultural part of Francfort, known as _Aldstadt_ , so the eldest part of the city), was already built, long time *before* the US even starts to exist; for the the _old town part_ of Francfort, it started around the year 790 - so 1,000 years before the US & 700 years before even the Americas were discovered.
in germany you're ''rich'' compared to other countries' citizens, if you have both parents which was not the case in my childhood, but surprisingly my mom managed to raise me and my sister alone without having to get a credit card, now at the age of 50 she got herself one edit: I am german (I'm pretty proud of my mother)
If you want to see some breathtaking german castles (some of which actually inspired Disney's Cinderella Castle), you should react to "German Castles from above - Our best of montage". It will blow your mind.
As a german, the state is rich but not the inhabitats. The prices and taxes are too high we pay taxes that doesnt even make sense. Its getting hard to live with the prices.
living in Germany is great and I love to see what you think about us. And you need to come to Germany, its so different. But on the other side we have a lot of problems you can#t think about but those problems exist in every country
This video only crushes the numbers but doesn't scratch the surface of the real reasons. 1. It's true that Germany got a lot of support after WW2 like CARE packages for the population and the Marshall plan for the economy. Without the CARE parcels, the population would have faced starvation as the culmination of the worst weather conditions of the 20th century in the three years after D-day and the intake of millions of refugees from former German areas in middle and eastern Europe created the mix for disaster, esp. for people in urban areas. Sprinkle in a weak/worthless currency, food rationing, and a flourishing black market with the currency "cigarettes" and you get the idea. If you compare the numbers you'll see that Germany got less money out of the European Recovery Fund (Marshall Plan) than e.g. Great Britain and they used it differently. Whereas most other European countries used it directly for infrastructure improvements and reconstruction, Germany put most of it into a state-owned bank "Kreditanstalt für Wiederaufbau" (KfW) = Bank for reconstruction and lent the money to states, communes (counties and cities), companies, and individuals - with low-interest rates (lower rates than commercial banks) and generous amortization schedules. And so the money technically is still there and is still used for purposes in the public interest - today the KfW e.g. finances the installation of renewable energies (windmills and solar panels) or low-energy housing. 2. Germany's economical backbone isn't big corporations like the car manufacturers but small and medium-sized enterprises. These SMEs are often highly specialized in a niche market but are world leaders in their specialist markets. You've never heard of them but they are extraordinary. Take Herrenknecht AG which constructs tunnel boring machines that are used worldwide or DESMA which produces machines for producing shoe soles. China may be the world leader in producing shoes and soles but they couldn't do it without machinery from Germany. 3. Germany has few natural resources besides coal and iron. We have to import energy and other resources. Our salaries and wages are high. So we always have to stay on top of the competition in innovation and cutting-edge technologies. So, what's our most valuable resource? Correct, it's the workforce and its education. That's why education is tuition-free in Germany - even for foreign students because a certain percentage of foreign students stay long-term in Germany and contribute to the collective success. And we value blue-collar labor. At the core, our vocational training is still medieval. You start an apprenticeship with a master's and in 2 to 4 years (depending on the job) you'll learn about everything in this special trade by working 3 days a week as an assistant to a master or journeyman and 2 days in school for the theoretical background (basics like German, English, and Math as well as trade-specific lessons e.g. bookkeeping for office-jobs or material knowledge for carpenters). You get a small salary which increases significantly every year to mirror your added value for the company. After passing the journeyman exam you are ready to work at any company in the field. This kind of work is well paid and highly respected. 4. Then there is a big difference in economic attitude. The US (generally spoken) is fixated on short-term gains (quarterly reports, even quarterly paid dividends) whereas the German mindset is rather long-term. Investment into new technologies and the workforce are more important than short-term gains for the shareholders. One point of long-term sustainability is the workforce's happiness. Low turnover rates benefit the employers as well as a high motivation. Most big German companies have programs to reward innovative employees with gratifications or shares. BASF, the largest chemical company in the world, started to revamp its fabrication in its headquarters plant in Ludwigshafen after WW2. They introduced an integrated fabrication concept, where waste products from one plant were directly fed by pipelines into the resource tanks of other plants. This prevents contamination and unwanted chemical reactions. In 1974, they built one of the largest wastewater treatment facilities in the world which treats all wastewater from the factory, the cities of Ludwigshafen and Frankenthal, and several smaller municipalities. This was at a time when cities just started to become aware of the problem of untreated wastewater and some time before other industries. Today you can find trouts and salmon in the river Rhine below the factory.
"We have to import energy" We do import fossiles, not the energy itself. In terms of energy we are - again - an export nation. Other than that: good job! Only: "Today you can find trouts and salmon in the river Rhine below the factory." Maybe not anymore after the drought. But that's another story.
$1,390,000 in 1945 is equivalent in purchasing power to about $22,879,091.11 today, an increase of $21,489,091.11 over 77 years. The dollar had an average inflation rate of 3.70% per year between 1945 and today, producing a cumulative price increase of 1,545.98%.
Don't know if you've watched GeographyNow Germany, if you didn't you can watch it so you can see the culture of Germany. As a Frenchman I love Germany, being born in Alsace on the French border, I talk a bit of dutch, I've learned english for 9 years now and still learning, and I've watched a lot of reaction channels and yours is intresting, you do compare a lot but I don't mind at all. It's a reaction channel after all, you react to learn, and compare.
Fun fact for you American fellows: In germany we talk now about 1-2 years that Euro might sooner or later crash and we will end up all poor. The politicians all say the height of german riches is a fleeting memory soon...
Even though our gross earnings per capita are lower than in the U.S., you have to remember that in the U.S. you have to pay for everything again. In our country, university is free (except for a small amount for bureaucracy), full health insurance is not very expensive, and you also get many other benefits (e.g. child benefit, housing benefit, etc.). More important is the Human Development Index, where Germany is clearly ahead of the USA. Germany is also far ahead of the USA in the Good Country Index. In short, money alone is not enough to classify people's prosperity. 🙂
I am glad we don't have a lot of resources. Because of this lack we were forced to develop everything to produce something whats made out of those resources. This has value. Country with resources are often poor or classified as develop countries.
you are right with the no motor policy for the lake in the middle of Hamburg, there is one tourist ferry and a few police boats that are run by an engine the rest is completly without motor
As a German I can say, Germany is pretty „easy“ to live the American dream (way more easy than in the us btw). My family is very very poor. When I was a kid there were times where we literally had no beds and slept on the ground of our flat. 6 peoples in 2 rooms btw. For over a year we had no hot water. At the end of the month there was barely money for food. Now I’m grown up, going to the college and going to graduate as an engineer. It’s much likely that just in my first year of work I will earn like 54000€ year-salary which is really good money in Germany. More than enough to have a good life. My future is pretty safe and my future kids will have a less stressful childhood then me. Tbh I never had much problems in school. I don’t wanna call myself smarter than the average but of course not everyone has the grades to go to college. But eventhough my family is really poor I always had a big chance to study, get a good job and earn good money. No student debt, nothing. College costs 600€ a year. I gotta pay 312€ half a year but I have many benefits as well. There’s a student price reduce for much things. For example at apple i get 10% price reduce and a 150€ gift card if I buy a new MacBook. Also the 312€ I pay include a ticket for bus and trains
American dream is poor to rich or middle class to rich, not poor to middle. That’s just a common misunderstanding. Most poor Germans will note become rich in Germany, regardless of access to education. German companies pay a pittance and salaries are so much lower than USA. On top of that, regulations are so tight.
I know I am late to the party, but it is funny to me right now that your talk about "maybe they show only the beautiful places" at 11:40 is on a pause screen of the american embassy in Berlin (you can see the Brandenburger Tor in the background).. Don't know why I laugh so much about that, but still P.S.: You really have to visit us over here and do a roadtrip through the big cities and small villages alike. So much history and so much culture to discover!
My both daughters own an 3 Tesla. I with over 60 own an Ticket for, 60 Euro a Month can Drive all over my staate Here with all Busses, Trains , metros. Look about Germans Transportidians Optians. You will cry
Also, we have great public transportation (no need to waste money on a car), health care system (so no debt from medical bills), support from the government if you are ill, free education (also post university) and you are legally required to take between 25 and 30 days paid vacation per year. All that prevents a lot of people from taking on debt, taking care of their health and thus being more productive and also being able to spend more money.
The part with the Euro is most likely nonsense, since Germany was already a big exporter when they were still using the Deutsche Mark, and having a stable currency always did more good than having a cheap one ever could. In any case, wages in Germany are way too high in order to produce cheap. German products aren't successful because they are particularly affordable, but because they have a very high quality.
11:55 => "Infrastructure etc. looks more well put together than here in the states..." Yes it is ^^ I'm confirming that as a German, having visited some different parts of the US also
Having only read the title, I have to clarify a few things: Just like any other country, the majority of the wealth belongs to the top 10% of our society. Most cities are pretty clean in the nicer areas but as soon as you go to the outer districts things get ugly. Our school system hasn´t changed much over the last 100 years, that´s not a positive... We may have a good health care system in comparison but that doesn´t mean it´s good in general. We´re missing staff in basically every medical sector and a lot of hospitals are owned by investors and have to make profit. We are very backwards when it comes to the internet. Some places don´t even have any connection to it. We are very old, the average age is 45. A lot of these people don´t want things to change and slow down progress for anything modern. I´m glad I was born here, in relative safety, but I will leave in the next decade. We will get surpassed by every third world country in regards to technology sooner or later and I don´t want to live here when that happens
Ältere Menschen wollten schon immer weniger Änderungen, weil ihr halbes Leben vorbei war, und sie nun, statt für etwas zu kämpfen, was sie wohl garnicht mehr erlben werden, ihr restliches, jetzt schon etwas instabiles, Leben zu Leben. Dennoch ist die nachfolgend Generation immer weiter gegangen. Heutzutage ist ehr das Problem, das es keine "Trottel" mehr gibt. Jeder glaubt alles zu können, und zu wissen. Und das bestätigen Zeugnisse/Zertifikate! Dabei hätten erschreckend viiieeele davon vor 30 Jahren nichma n Hauptschulabschluss verdient. Heute sind es Diplompsychologen für abgeblätterte Farbe von Bushaltestellen, oder irgend son Quatsch. Und eine Gesellschaft kann natürlich sich selbst ausgestellte Anforderungen abändern, und die Anforderungen dem Können anpassen (statt umgedreht). Die Realität, die Natur tut das aber nicht! Und so haben wir jetzt, nicht nur in Deutschland, lauter ungebildete, unbelastbare inkompetente, faule Gesellschaften, die massiv am Dunning-Kruger-Effekt leiden. Die auch noch unhöflich, und egoistisch sind! Fast allea was du oben beschrieben hast fußt dadrauf! 🤷🏼♂️ SO, kann man nu gut/schlecht finden. Oder sich müßigerweise darüber Gedanken machen, warum es so ist usw. ABER, es IST nunmal so! Das haben wir aufzufahren. Das soll nun die nie dagewesenen Krisen meistern, aktuelle, und bereits festehend zukünftige? Das soll Deutschland und der Welt Hoffnung verleihen? Hmmm... Aber das merken wir ja jetzt schon, das es kaum noch tatkräftige Handwerker gibt! Naja, jedenfalls liegt ehr da der Hund begraben.
4:45 yes indeed. This is the Alster in Hamburg. An artificial lake in the middle of the city. Private Motorboats are not allowed on it. Just a few commercial vessels.
13:03 German reaction: the Berlin Wall, which separated the east from the west of the city for 28 years (1961-1989), as part of the larger inner-German border with barbed wire and minefields from the Baltic Sea to the (today) Czech Republic and even this only part of the division of Europe. The guards had strict orders to shoot, thousands were captured and hundreds of people shot dead trying to escape. So sad. On the other hand: so wonderful when this terrible time finally ended. I cried a lot in 1989 out of joy, relief and looking forward to a better future with optimism. 13:03 American reaction: beautiful graffiti as well. I say: incredibly ignorant.
@stbufraba: I understand where you are coming from. However, from a US citizen‘s perspective, this aspect of the wall is far away both in location and time. So please remain polite. I am saying this as someone both of who‘s parents fled the GDR.
The Sail Boats are just 4 training or recreation. The lake is in the middle of Hamburg. Motorboats are allowed and from that lake the Alster (the river) is spreading into different smaller or brider arms. Grettings from Hamburg 😉
Yes, of course… You‘ll observe quite a lot of beggars and homeless people. Don’t think this country is nowadays rich except for the government. Germany just has a different tax-policy in comparison to other countries. Germany was ONCE the richest, but not anymore. This shows the beautiful parts, not the shadowy parts.
The lake in 4:55 is the Alster in Hamburg and as you thought there are no motors aloud only boats for sailing or rowing coaches and there is also a motor powered tourist ship. (That’s the normal amount of sail boats)
The sad thing about inflation is that even when you get it under control the damage is done and those prices never go back down, The Market won’t crash until after the midterms, I’m putting all of my profits into Silver Gold Bitcoin Ethereum and food.
I startled at how some investors made millions from this downturn economy so please provide me more tips and hints on how to outperform the market and earn from option?
@@dustyarne7503 Getting in touch with an investment broker (Susan Denise Vargason) was how I was able to outperform the market and raise a profit of $240k since Feb. For me, its the most ideal way to jump into the market these days
@@delroyjohnson640 Thanks for sharing. I found her website online, will connect with her. I know the beauty of investing is that it favors those who simply start
The "lake" with the sailboats looks to me like the river Alster in my hometown of Hamburg. And this looks like this almost every day when the weather is fine, no event needed
A typical American reaction when comparing the older architecture to a Disney movie or Disney world. That's because that's all they can compare it to because Germany is steeped in culture and history and America has neither.
As a forty-year-old German, I don't even know where to start. The German state is indebted to the point of no more. But we are creditworthy, so we keep taking on more. The capital Berlin alone would not be able to keep its head above water without federal funds, a bottomless pit. Nothing has been invested in infrastructure for ages, such as roads, bridges, fiber optic internet, etc. We're drowning in bureaucracy. The opportunity for advancement for the poor in education is nil. We are an extremely jealous society that is jealous of the unemployed and refugees because they are said to get more money for doing nothing, which of course is not true. The government has repeatedly missed the expansion of renewable energies. You hardly get a kindergarten place here. The health system here is a disaster. Hospitals are closing in droves because they are required by law to make a profit. My city's hospital hasn't had a maternity ward for years because it doesn't bring in anything. Some old police stations are contaminated with asbestos, known for years, nothing happens. The government lacks real vision for the future. The powerful business lobbies influence politics so that hardly anything is done for the common man. The Bundeswehr has been saved to death since the 2000s, which is particularly affecting us in the Ukraine crisis. Even before the arrival of the Syrian wave of refugees and then the Afghan and Ukrainian ones, more than a million apartments were missing here because the government has hardly built any social housing and is still not able to do it. Small houses in cities like Hanover near the center now cost one to two million euros. Even most Germans say we are such a rich country, the truth is that the number of millionaires is only increasing, which falsifies the income statistics. The middle class has been disappearing since the 2000s and poverty is increasing. The Germans have had fears of decline and existential fears for 20 years. Retirees cannot live off their pension. The pension system from the days of the German Empire will soon no longer be viable because fewer young people are paying in for the aging society. The government doesn't do anything, just says work until you're 70. The queues in the soup kitchens are getting longer and longer. The reunification costs a lot because the ex-GDR was on the ground. Also, under Chancellor Schröder, Germany became a low-wage sector, so that ordinary workers can no longer make a living from it, until today. Statistics only look good to economists on paper. Germany was at its peak in the 1980s and 1990s, but then the decline began. Corona, inflation and the Ukraine crisis are hitting us hard. The only consolation here is that things are much worse elsewhere.
I find it interesting, how much you can pull out of one wikipedia article. An 8 minute video with just copying some tables from there without even changing their appearance (visualizing the numbers) or crediting where they are from (even the titles of the tables are just cut off). Also the first table was just about 3 times but kind sold as 3 different things in the beginning. But i'm surprised that you can make such kind of content actually interesting with your comments. I enjoyed watching.
4:45 - That is the Oberalster, an artificial lake in the center of Hamburg. All those people are sailing there, because they can. :) There are a bunch of sailing and rowing clubs around the lake - mostly quite posh.
Much of europes cities (that werent bombed to dust in WW2) are hundreds if not a thousand years older than the US - Part of stockholm old town for example is mostly from around 1600-1700 hundreds, parts are from the 1400 hundreds and the big church (storkyrkan) is from 1306 - so almost 500 years older than the US as a nation (the three closesr small village churches from me are from around 1100-1200 even if they have been "modernized" laster on) so that will make a difference in the building style between european citiesa nd amerikan cities where you can find moderna steel and glas buildings next to old stonebildinging from 1700s-1800s
the Lake you see is called "Die Alster", it is a river, flowing through Hamburg. it is very common to see sailing ships there, since there are also shops to rent them for some time. the nicer the weather the more sailing boats you can find.
The lake with the sailing boats is my home town the city of Hamburg. This big lake is right in the middle of the city. And the sailing boats are not an event, those are private boats on a sunny day. Quite common site here.
"hard work", "work less hours than almost everyone", like, that's how to do it: work hard, but not too long. Many people seem to mistake the long hours for the productive work.
Its mostly like that here but we naturally have a few places which look bad but they are generally small areas compared to other countries i visited. Most contries only look nice at tourists spots but in germany we try to make also non tourist spots beautiful
A Trade surplus is way less beneficial then most people believe, including many in Germany. Germany sends goods and services into the world, goods that take effort to produce, but does not get an equal amount of goods and services in return, because of that Germany has to lend that amount of money to those who buy the surplus. That means you get money, something that is produced out of nothing by typing some numbers into a computer
The fact that we are rich in resources is quite the opposite. We do have coal and salt and Kalium(for fertilizer) as well as building Materials. Historically there were more relevant resources. The iron ore comes from north Sweden. Oil, Gas, Metals,... Are almost completely imported to Germany. Most of the other resources we have are not economically anymore. That's why we import coal from China for our powerplants that used to be powered by our own coal. Production.
That 1.4mil was mainly used to kickstart industry. For example in April 47 the first big export expo was initiated and income from those sales reinvested. By doing so it was possible with "only" 1.4mil to reinvigurate german export and income to a self sufficiant level.
4:08 That is Hamburg btw and aamof we actuall do call it the most beautiful city in the world :D But I guess many cities claim that title. The one after that with all the sailboats is also Hamburg and that lake (it's technically a river but i know it's hard to tell by that picture) is the Alster. There are tons of mansions with their own piers adjacent to it and an expansive network of canals and smaller rivers flowing into it which are crossed by more bridges than Amsterdam, London and Venice have combined. More than any other city in the world. There are also many sailing schools and schools offer sailing classes as extracurriculars or even in place of PE. So theres no special event, unless you call "not winter" an event :D
Germany became one of the richest countries in the world because it payed its workers well and cared for them. German workers had no fear to get fired, sick or old. They could concentrate on the products they made and as part of the company, they felt proud of the quality they made.
1:50 these parts of germany don't look like Disney movies. - The Disney movies look like medieval germany/europe. And Disneyworld and Disneyland are the plastic versions of it
No, we Germans love Disney and that's why we designed our cities that way.😂
Funnily enough the sight that is showing at 1:50 is the Frankfurter Römer which was destroyed in WWII. These houses were restored to look like the originals after the war. So it’s a bit like Disneyland.
@@asmodon So this is in Frankfurt? Where exactly? Might want to visit that place one day. (German BTW)
That square is called Römerberg or Römer for short. It’s the medieval market square with the city hall and Nicolai church. It’s located a stones throw from the river Main and right around the corner from the Paul’s Church the historic seat of the first all German parliament. The authentic apple wine taverns are located in Sachsenhausen district right across the river. It’s a good place to start exploring Frankfurt.
@@asmodon Thanks, I'll put that information to good use if I travel :)
GDP is annual, so you couldn't buy half of Germany with the value of Apple, rather collectively Germany creates the value of two Apples each year.
Which is quite shocking anyways
@@Fre3cy In which way?
Comparing stock worth and GDP isn't really the same anyways. That's like comparing Apples ( LOL ) with Oranges.
@@fzwilling nice one 😂
Gdp has nothing to do with company value, you can‘t compare these two things. And Gdp is only goods and services produced in Germany. Apples revenue last year was only 90 billion so its way smaller than Germanys gdp.
Fun fact: „Made in germany“ was originaly introduced 1887 in Britain to mark inferior foreign produce but germany managed to leverage it as a brand synonymous of product quality, durability and reliability.
Made in Germany = Qualität
@@thesparpanzer4151 sag es zu Mercedes und BMW xD Deutschland produziert seit 2016 nichts was Qualität besitzt
@@yay6669 Ich meine ja eigentlich auch vor dem Großen Krieg
@@thesparpanzer4151 da war ja noch Qualität nr 1 jetzt ist es ehe Quantität und Umsatz
@@yay6669 leider
I'm German and it's crazy what others think about us. About our architecture, it's old houses from the 15th century,it's not allowed to change them from the outside, many of our inner cities look like this, especially in smaller villages.
Ja ehrlich
Das stim
It kinda depends… bigger cities that lay more in western Germany have very few of these houses because they have been heavily bombed in WW2. Thinking about Cologne were almost every house had been damaged or completely destroyed ( especially in the center)
@@no1213 the big cities not so much sure, but when you go to north in the small villages or in the south where i live, we have many of those houses
Aber ich als einer, der für seine jüngere Generation spricht, ist es nicht wirklich mein Geschmack, aber naja, Tradition nehmen die Deutschen anscheinend doch sehr ernst...
About that "it looks like out of a Disney movie"
It's actually the other way around.
Many famous Disney movies are based on century-old german fairy tales (=Märchen)
Those include:
-Cinderella (=Aschenputtel)
-Beauty and the Biest (=Die schöne und das Biest)
-Rapunzel (=Rapunzel)
-Sleeping Beauty (=Dornröschen)
-Snow-white and the seven dwarfs (=Schneewittchen und die sieben Zwerge)
Many others are based elsewhere in Europe around similar times.
Therefore it's no surprise that Germany looks like Disney movies - it's because Disney movies actually play in Germany and its neighbouring countries.
"Beauty and the Beast" is french
@Jan Rozsypal Which country you are from?
@Hellequin Maskharat Ouch you actually got the facts on him xD
@Jan Rozsypal Whats you problem? ;-)
@Jan Rozsypal you are a funny guy. what you call german immigrants are the founding fathers of the usa..of course the dutch, english, french, spanish, are also part of it.the real americans are what you call native americans.yes, there are actually things that americans can do much better. lie e.g. to achieve your goals..think of the gulf war and the non-existent gas weapons of the iraqi.cars. Americans can't build real cars. ok road cruiser. but none of that is bmw or porsche or lamborghini or bughatti or rimac... it all belongs to VW or their subsidiary companies. racism is lived in america. despised in germany. the education of the Americans sucks. many don't even know where europe is located and what kind of countries are there. but what is true .. Germany is rich but the wages are lower. there is a super social and health care for everyone who lives in Germany. waiters can make a living from their work. i could go on writing for days where germany is better and the usa is worse. but that's not the point. just wanted to show you that you write absolute shit :)
I think the debt thing is a very good demonstration of German culture. The German word for debt is ‘Schulden’ which has the same semantic origin as the word ‘Schuld’ which translates to guilt. For any German semantically speaking debt and guilt are very closely connected and who likes to feel guilt?! So frugality and refusing to use credit wherever it’s possible is very much part of German culture. This also goes as far as Germans using credit cards less and more cash because then you only spend what you actually have in terms of disposable income.
Yeah I think there is only one generally accepted case in which you borrow money here. That is to finance a house, but even then you have already a sizeable chunk of the money on hand and borrow the rest. So paying of the dept roughly equals out with what you'd have paid as rent anyway.
The history of the inflation after WW I and the shock of the stock market 1929 which ended in dictatorship only four years later has brought a very riggid thinking about boroughing money. But the many successful SMEs would not exist without (often local bankings) loans. But these are the motor of the economy of Germany and the EU.
@@Jenozie99 hm.. But it's changed in the past a lot. Except the accepted Tradition to get Credit to buy a house/car etc, it's more and more common to buy Electronic devices (Handy, Laptop, music box etc) or household gadgets (fridge, Kitchen, etc) with 0% interest Rates.
But all in all compare to other countrys. We still prefer to buy most Things in Cash like you said, but especially young people are more target groups Today for Credit card Deals
Yeah, but still the average debt of the German household is 25 grand...^^
Some have none, others have 500 grand debt....or 15 million.
@@Kivas_Fajo but i would say there is one big difference.
In Germany the biggest debt position for Individuals are houses/flats/Companys.
So behind the debt is a real value and not like a debt house bubble with astronomic prices or some worthless items like TVs/Student loans/health insurance cost etc.
So in the worst case the Bank gets back his money and Must not be rescued by the state... At least not yet
This is really comparing Apple(s) with oranges: Germany *makes* 4,2 Trillion in GDP a year. Every year! Apple as a whole is *worth* half of that. But only once. Apple *makes* "only" a few billions a year. What Germany is "worth", if it was for sale, can't be estimated, just for all the art in churches, palaces and museums.
Funny, we had a political party in the Netherlands called: "Party to liquidate the Netherlands". The idea was to sell the Netherlands to some sheiks and give the money to all people inside the Netherlands. They said we would all be millionaires in one stroke. They did not get enough votes to enter parliament, though.
Right, GDP measures annual production output (which has its problems with accurately representing a country’s economic strength). Value is much harder to measure. Stock market value is much different than book value or cash value or utilizable value or sentimental value.
I like your Profile Pic ;)
Still shocking that Germany could buy apple only 2 times per year... Hard to understand somehow but 83mio people with a high median standard of living in comparison is kinda weird
@@0Asatru0 Hm, I wonder why! ;-)
You, as an american would be surprised by european infrastructure (especially the german speaking area and the scandinavian countries). America looks to us like a developing country in some places.
Like ... France oder Spain... Germany looks to us like a developing country.... greetings from Austria :)
@@Oida-Voda you know it is not true
@@nicolettarope6030 of course!
The little thinges makes the difference.
@@Oida-Voda i.m a lot in Austria, it us mich smaler and my Doughter lives there also becouse of her Austrian Husband. Some things better there but a lot things better in Germany.
@@nicolettarope6030 not possible.
:)
We are per Capita much richer than Germany.
When I was in school my teacher tought us that Germany was pretty low in resources but we're always praising ourselves as "Land der Dichter und Denker" (land of the poets and thinkers), to set our core values to creativity, knowledge and inventions
0:40 Berlin
1:50 Frankfurt/Main, Römer Square
2:40 Until 1990 West Germany was about the same size as UK or France. Than the 16 Mio. people from East Germany were added.
4:30 Hamburg, Outer Alster. A normal summer day.
6:30 Germany's economy is not driven by the big companies. The most surplus (and the most technological advancements) is generated by middle-sized companies and family-run businesses.
7:00 GDP per capita is often higher in countries which live from financial services and/or are tax havens, but are not as productive in terms of technology or manufacturing.
8:00 Comparing wages is only one half of the story. You would also have to compare what you can buy for that money - the spending power. Comparing that category Germany was 2020 third in Europe after Luxembourg and Switzerland and before Norway.
11:20 That's bullshit. Coal and steel were important in the 19th and the first half of the 20th century. The EU started as the European Coal and Steel Community to pacify the conflict between France and Germany around that resources and to give the neighboring states more control over the resources used by the German arms industry. But since the 1970s the coal and steel industry lives only due to subsidies in most developed countries - nowadays other resources are far more important. Additionally there is not much iron left in German soil, German stone coal mines are mostly closed due to economic reasons - what's left over is far to deep in the ground. There is still surface mining for brown coal, but only because it is subsidized (with money, but also with old laws allowing compulsory acquisition for exploitation of some natural resources). There is no economic profit whatsoever regarding national accounting. Germany has not much natural resources left except of its agricultural used area (48% of its total area, Germany exports a third of its agricultural production) and its forests.
11:50 Berlin, near Brandenburg Gate. Berlin is not the cleanest of German cities.
12:25 Most of the Marshall Plan money was used in Germany to finance the "Kreditanstalt für Wiederaufbau (KfW)" (credit association for recovery), which gave subsidized loans to recovery projects and residential building. Its balance sheet total is now 551 Billion Euro, and it still works following the same principles. Currently it is e.g. financing many of the energy transition programs (see e.g. ruclips.net/video/jA7dUbwT53Y/видео.html regarding housing programs)
Not forgetting plenty of (mostly poor and uneducated) foreigners Merkel let into the country.
@@marenhuwald1445 Nonsense. You're referring to 2015, right?
1st: The problems in 2015 were caused partly by the efforts of the Merkel government to _avoid_ the immigration of refugees from Africa, Syria and Afghanistan. They tried to hold back especially Syrian and Afghan refugees in camps outside of EU, but at the same time paid not enough to UNHCR, to the World Food Program (WFP) and other international organisations to secure medical and food supply to those camps. So more and more desperate people tried to leave those camps and to find a way into the EU, often by boat to Greece, and since Greece was overwhelmed by the numbers (and was not helped in any way by other European states, especially not by the Merkel government), a trek of refugees started, using changing routes through the Balkans. Only as the treks arrived in Budapest, Merkel reacted to the pleas of Hungary and Austria and decided not to close the borders (which would have risked the Schengen treaty and European integration anyway), so to "let some steam out of the boiler". There were also some refugees from Egypt and from Africa taking the route via Greece, because the route via Lybia and Italy was seen as far more dangerous (in April 2015 around 800 people drowned in one accident alone of many on that route).
Merkel then initiated the new treaties with Turkey, essentially paying Turkey for confining the refugees and closing the border to Greece for them - which did not change the supply situation in the camps however.
2nd: Around 0.9 million refugees arrived in Germany in 2015, many of them from Syria, including physicians, other academics, university students. Syria had an outstanding educatiion system before the civil war. Not a few other refugees are also from relatively well-situated and -educated families, which could afford the fees of human smugglers. Most of the refugees from 2015 still in Germany have jobs or at least apprenticeships now; they had a positive effect to the economy over all (a little bit damped by the Corona situation in some cases, because they often found work in sectors severely affected by the pandemic).
There are over 120.000 t of Lithium (that's equivalent to over 600.000t of LiCO3) and several thousand t's of stuff like Tungsten still in the ground around an area called Zinnwald in Sachsen. The estimated worth lies somewhere in the billions. Sadly though, the rights to mine it have been sold to some Canadian company for a measly 150 Million €.
@@helgeschneider4417 Interesting, didn't know that.
14:26 Köln-Hauptbahnhof
Cologne-railroad station @ 01:34 pm
9:50 Germans very much dislike being in dept. Kids learn early on that taking a credit will make your financial situation worse. If you can't afford a product, there is a good reason for that. If you can't solve that reason, borrowing money won't change the fact that you still can't afford it. Most people will only take credits when they want to buy something very expensive but long lasting (like a car or a house) or in cases of emergency.
Also Germans are not super focused on being or seeming rich. Having the biggest, newest, shiniest thing will not impress many people. If anything, people that always buy the most expensive stuff are looked down on for being wasteful and unable to handle money.
"Borgen bringt Sorgen - To borrow means sorrow."
@@NICEFINENEWROBOT to borrow brings worries* is a bit better.
Sorrow is more when someone you love dies. And brings is better for "bringt" than means. Cheers from a fellow German who has an unfair advantage of having lived in the USA.
@@Humanaut. I tried to keep the rhyme.
*"Borry means sorry" - no
*"Borry brings worry"- no
"To borrow today brings worries tomorrow" - better?
I had the advantage to learn English via Beatles records. It may have added to my sense of humo(u)r.
...in his own write...🎸🔁🌌
@@NICEFINENEWROBOT ah okay, yeah it's a bit harder to make it rhyme, i hadn't considered that. 👍
@@Humanaut. No sweat!🦁
I'm an intensive care unit nurse and medical student and I want to add that visiting medical school / University does cost us 150€ per Semester (use of public transportation included) and our health care system cost us ~7,3% of our monthly income (Here we usually wont have to pay any "bills" when we visit the doctors in regards of health issues or when we are admitted to the hospital e.g. intensive care unit).
The usual work hours here in western germany are 38,5h and as a nurse I have 39 days of vacation each year.
I believe in the US the work-ethic is somewhat different?
I study at a private academy, for which students have to cough up about 250€ per month for tuition fees and the train ticket. The education is full-time, so there's not much room to earn something on the side - luckily, there's support from the state for students whose parents can't afford to fully pay for their upkeep costs.
Still, it's way way better than in the USA. I'll leave university after 10 years with way less than 10.000€ in debt to the state, which is to be paid back only after 5 years have passed, and with very little interest. Waaay better than to start off with 50k+ in debt which you'll have to start repaying immediately.
Ever since I was a child, my parents always told me that there are only 2 good reasons to take out a loan: to buy a house, or a decent car! For everything else, save until you have enough money!
honestly, strike the latter.
Taking up a loan for a car is pretty stupid, finanically speaking.
Think about it: You borrow 100,000€ to buy a nice car… the moment you start the engine it already lost a large proportion of the innitial value. You still have to pay back the 100,000€, although your car might only be worth 90,000€ now.
Housing is a very good idea. Yes, it is expensive, but houses and appartments are usually a very stable form of investment that usually grows it‘s value over time, meaning it will eventually outgrow the your innitial loan.
So ist es!
We Germans work so little because we have recognized that a good work-life balance increases productivity. Maybe the U.S. should also try giving workers paid vacation.
4:40 We also love the quiet. The lake is in the middle of the city and motorboats would make too much noise and disturb the people relaxing on the shore. On this lake private sailing with motor boats (also boats with electric motor) is allowed only with a written permission. When driving motor boats with 5HP and more engine power, the sport boat license is mandatory.
My experience with German colleagues is that they work less official hours but when they work they give it 100% and get the job done.
@@j.vdubois5074 From my perspective - I'm german myself - this is the best way to describe "german work ethic".
@@j.vdubois5074 Sadly, that USED to be the case. That classic mentality doesn't exist much any more.
Sure, there are a few left, but Germany has shifted into a welfare Country.
@@MBrieger not completely shifted, but the hard german worker culture is definitely shifting towards "do it cheap somewhere for profits" or import immigrants to have a cheap workforce. If you, I suppose you are german, don't do something about it, the hard german worker who produces quality goods picture will be only a picture in a
paragraph in the history books.
@@DaniSpeh Well, I think 16 years of Merkel has left marks. In general, I never felt a need to move abroad and initially I only wanted new experiences. However, as times passed and my observations of the development back home let me to the conclusion that I identify less and less which whatever Germany defines its national values.
To be sure, I am all for a healthy environment and all that. I live in California and we have pretty strict Laws in that regard, but I differ on how that goal should be reached. I also differ extremely strong on the work-life balance understanding.
Now I do think that disadvantaged people should get support, but I completely differ on the approach.
That I why I think Germany is a welfare Country in many aspects.
Further and for me on the funny side with a sad eye, they are now whining that they can't get a qualified work force, yet they do everything imaginable to undermine that effort. If I were to work in Germany, I may only get half of what I earn in the US and would be in the highest Tax bracket. What incentive is there? Further, if I want to part take in national elections, I have to qualify for that. Sorry guys, F* YOU. The German Government doesn't care one whit about their Citizens abroad. Bothered me in the beginning, know I know that it is a matter of Character.
As a German, I need to clarify a few things. (You know, Germans love being precise and have the urge to correct someone, so sorry for that! 😅)
- It is nowhere near as nice and clean as in the videos. Especially Berlin is only so clean in the tourist areas. There are many ugly places with horrible architecture in Germany, because most of the big cities were destroyed in WWII. Only a few were (partially) rebuilt. You often see functional buildings that were built quickly and cheaply in the 1950s and 60s.
- 25% of Germans work in the low-wage sector. They can only survive with state aid.
- Even though we have one of the best social security systems in the world, living on low wages is not a good life.
- In my opinion, German companies are often undervalued in contrast to American ones, which are often completely overrated (compare e.g. Tesla vs. Volkswagen, that would be worth a separate video)
Generally speaking I agree with American companies being overvalued when compared to German companies.
However, i don't agree in the case of Tesla vs VW. This would be a very long debate but Tesla vs VW comes down to FUTURE POTENTIAL.
Tesla is the leading high tech electric car company in the world. But it's a 1) energy 2) software 3) AI aaand 4) car company.
Small companies pivot much much faster. Large companies are slow to adopt a whole shift in paradigm and tend to fall behind.
Tesla is clearly the leader in EVs. All of the best engineers want to work for 1) Tesla 2) Spacex (NASA and Lockheed Martin etc come later). Best engineers = best products = best company.
Look at Tesla's YoY growth, it's pretty insane and isn't slowing down.
It is Not Like Apple vs Nokia. VW will sell a lot of EVs vor a broad customer ship. Tesla builds cars for the luxury segment. The potential ist Limited. A Tesla for 100k ist not something everyone can afford like an IPhone.
All Car companies invested billions in the development of EVs. So ist will Not happen that Tesla will dominante the Market Like Apple does. Soon a Lot of carc companies will BE in the Same Level.
@@Taugtaug that is wrong in several ways.
To start with the trivial:
You cited a Tesla as costing 100k$. You can buy a VW Touareg for 160k or a VW T5 Transporter for 180k, so you intentionally picking Tesla's most expensive car (excluding the sports car/roadster) is a red herring, you can do this with other cars.
The cheapest Tesla is currently a model 3 for 36.000, with government incentives it was already possible to get it for 30k.
As musk has stated, their goal is to build successively more affordable models over time and scale at break neck speeds, which is exactly what they have done so far.
Their stated goal is basically to overtake VW and Toyota with the amount of vehicles manufactured.
Now, i understand that that's a future statement buy as I said, future expectations always flow into current market pricing - for a long time the criticism against Tesla was the lack of profit margins due to them reinvesting and scaling with everything they had. Early investors were right not to listen to those who valued TSLA low due to low profits.
Yes, some of the large car companies will make a successful transition in the long run, however, they will only have small market share(until they catch up) and they are indeed currently playing a game of catch-up. Of course, you won't see this in their advertisements since everybody is "high tech and preparing for EVs for decades already", but this change in stance only happened after they failed to destroy TSLA basically, their hand was forced and they did not want to switch because of all the sunk costs in ice development and manufacturing. It's a different game.
You need to secure all of the rare earths/precious metals for the battery packs and establish a supply chain way in advance in order to be able to meet any sort of demand in terms of the very resource intensive battery-pack production.
Also noticed how Tesla was the first car company ever to invent and use single die Casting technology - a major and difficult improvement in manufacturing - even though many other car companies have been around for a century now.
Big fat companies get slow and comfortable, large pivots are scary, expensive and thus painful.
For EVs you not only need good car manufacturing(which was Tesla's weakest point in the early days) but you also need a whole large section of the company devoted to having a large pool of top notch software developers.
Notice how Tesla has the world's leading expert in Computer Vision, Andrej Karpathy, working for them? (My sister's husband is a PhD in neuroinformatics and also works in Ai/computer vision and he attests to how good Andrej is, take that for what it's worth).
All the large companies compete for the same talent pool, and the one that gets the best people also had the largest advantage. Where do the best people go?..
Also think of all the ways Tesla profits from it's different sister companies and the way those technological innovations overlap, synergize and thus improve quality while also reducing cost(the steel developed for starship being used for the Cybertruck for example).
Tesla is vertically integrated and with the least amount of outsourcing possible also has larger revenue streams and more control over what it does (as compared to other automakers who have to outsource the tech part) - it also has quite a unique semi-non-hierarchical internal company structure and company policy aimed at making things as quick and efficient as possible, which clearly works as attested via their insanely quick iteration speed under the hood as can be seen in the teardowns of sandy Monroe
.
Like I alluded to before, there is a lot more going into it, more than just designing a good EV on paper.
You have to look at all the ways in which it differs from a traditional ICE manufacturer.
I could go on but I'd rather say this:
Delve deeper into the topic before prematurely forming an opinion and sticking to it.
@@Humanaut. big fan, right?!😆
„living on low wages is not good“ oh well tell that to people that are starving in poorer countries. your comment also reveals another german attitude: complaining even though they have it fucking amazing.
The "resource rich" part of this video is only kind of true. We used a lot of them already in the last millenia and the economy shifted to buying raw materials or simple components and assembling or refining them. Germany also has a large service sector contributing to the GDP.
It is still the goal here to educate the population to enable them for high valued jobs. Results are a little bit meh in the distribution of that education
That "lake" at 4:45 is a river in the center of Hamburg, Germany, called the "Alster". Beautiful place, I can tell you! That railway directly leeds to "Hauptbahnhof", the Central Station of Hamburg. And yes, there are several boat and sail clubs at the Alster, as well as field hockey (but that's another story).
As for the old houses: If you build a house that stands for 500 years (and some of them are older), then it's still efficient, even if it takes three times as long as building an average American house that mostly is gone after 50 years. Then again: these huge timber constructions never were average homes. They were mostly build by the rich mercantile upper class of their times.
Exactly and let me please add, thats why you usually see these houses in very special places like the city center or the "marketplace" (which is most of times the same). The houses of the common folk are most probably nearly all gone by now.
@@Dark1984Knight I beg to differ - there's countless historic houses of the not-so-wealthy still standing and kept in good condition. Although, of course, the more impressive ones were more likely to be kept over the course of the centuries. In the 60s and 70s, especially in more rural areas, many historic houses were torn down, which is a pity. Luckily, nowadays the law for preservation of monuments (Denkmalschutzgesetz) is way more strict than 50 years ago, putting value and appreciation into the work of our forefathers and -mothers.
This is so funny to watch as a german, especially when he talked about Infrastructure
4:38 That's Hamburg, my adopted home city, with one of the two artificial lakes right in the city center. The one you see here is the Aussen-Alster, the Outer Alster. Nope, that's not some special event, just a nice, sunny afternoon, probably on a week-end with people using the lakes to relax with their tiny sailboats. These two lakes determine a LOT of the good air quality of Hamburg, as it is a huge oxygen depot right in the middle of the city, able to soak up a lot of CO2 and other fumes, and release oxygen. Also the huge open area allows for some nice breezes to blow through many parts of the city, allowing for less stagnant air in hot summer days. It is amazing how these two lakes have improved the quality of life here.
There are some tourist boat trips, but all other private boats are usually without engines.
Don't worry, there are also a lot of really ugly parts in many cities. But once you step outside cities, the ugly parts vanish fairly quickly.
Usually Germany is a very verdant and green country.
This summer (2022) however has been exceptionally hot and dry for long periods, resulting in a few fairly large forest fires, as well as dried out river beds and even water storage facilities. Even the large river Rhine fell so low that shipping along it became impossible today, when a grounded ship blocked the last possible shipable lane in it. It is the main supply route for many goods to Switzerland from Rotterdam in the Netherlands.
The Marshall Plan aid to Germany was roughly $1.4 BILLION, not million, dollars. But that was only around 11% of the total value of around $13 billion to all of Europe's countries.
The UK recieved roughly 26% of the total aid, France around 18%. Just stating the numbers, not complaining at all. From the German point of view it was incredibly magnanimous to even consider Germany for recieving aid at all. So no complaints there. Just to put it into perspective.
13:12 That's the Reichstag, the building which houses the German parliament, and has been since 1872. You can actually visit it, even during working hours of the Bundestag, but you have to reserve to be part of a tour several weeks in advance, as the number of places on the visitor's rink at the top is relatively limited. It was heavily damaged during WW2 but rebuilt with lots of the original materials recovered from the ruins.
Imagine how much more powerful they’d be had they not started WWII. That said, had the French and British not played the holier than thou game with the Germans after WWI, maybe it wouldn’t have cause such resentment against them. No one’s ever made Great Britain pay for the atrocities they committed throughout the world or the French for that matter. The Treaty of Versailles was more of a revenge attack on the German people than an act of appeasement. I am by no means excusing the atrocities committed by the Germans inWorld War II. My point is that despite Germany’s major mistakes, they’ve worked hard to not be defined by the actions of their past by never forgetting their past while at the same time working hard as a nation and becoming a better nation and people.
Imagine how much more powerful America would be if we owned the terrible things they did. Imagine if we were not the world police. Imagine if we did not start anything in WW1 and 2.
@@christineperez7562 would america be? Without all the military spendings and developments resulting from them and stealing of german technology, you would may be powerful but not in a way you are now.
i dont think germany would have to show anything in terms of economic power if there were no ww1 and 2. germany rose to economic power thanks to the aftereffects of ww2s surrender and being built up by france, GB, US. and with the late industrial revolution germany was economically behind compared to other nations pre ww1
@@zombee0036 it depends i would say. Since germany as a state was founded as late as 1871, it lacked behind the industrial powers of the time. But when new industries developed at the end of the 19th century, chemical, electrical, car manufacturing, germany was and is one of the leading countries.
But innovation might have gone slower without WWI and WWII, because war is always a good innovator.
@@zombee0036 u know at the beginning of the 20th century Germany was the best in many areas. They were also better than the US in lots of areas
I spent nearly a decade in Germany with the EU Erasmus (i studied in Hamburg)
- as for why it looks so nice. Well - you will find plenty of terrible, poor, dirty places in German cities, too. (like that should not be a question) - but the video does by no means show the most beautiful places in the best light. I would say .. from my subjective experience .. it shows adequate places, above the average sight (also, a clear sunny day, instead of a steel grey, overhung rainy day) .. so - what it shows is not "beautified" but actually pretty normal places for people to go.
- wealth .. from what i have seen, it is more similar to us Nordics. Wealth is slightly better .. distributed than in the USA. You wont have the 1% or 0.1% that dominate spending so much. You have a more solid middle and upper middle class - but make no mistake, you also have a wide lower class .. The thing is, when you are of a specific "class", you kind of hang out with people that are similar to you .. so i do not know how poor Germans live; or how many there are - because my family and i are also kind of solid middle class.
- debt ... since i studied education (i did some teaching in Germany, too .. but i am now back in my home country). I did basic school in Germany as well as secondary school. Not sure if it was actually in the curriculum .. but we did teach our students about debt and why NOT take it. So we did a whole seminar with the students about avoiding debt, saving instead of spending etc. - but could have been just a side project of my mentor then.
Nah in Bavaria there is a whole subject called Wirtschaft und Recht at least all Realschüler and Gymnasiasten have to do that also includes spending habits, how to manage money, how Stocks etc. Work and risk/gain management if you choose to use sth concerning money. Some also have Wirtschaftsinformatik/Betriebswirtschaft u. Rechnungswesen which is basically bookkeeping, assesing product/company profitability and other things to do with economic maths.
I always hated the maths part/the teacher I had but you can actually choose that as a focus subject/ subject group and make it a final exam subject. (Not actually at all unpopular, language focus had less students in my year than Bwr/ WR)
I can confirm, teachers do cover dept/loans (both personal and on a national/government level) and we were definitely taught to avoid them any way we can;-) The only thing my teacher waived was payment plans (Ratenzahlung) for something you really need, like a car that gets you to work. Konsumkredite (loans to buy nicer things, like a bigger TV) were the absolute enemy, and basically a shortcut to hell;-))
In Germany in the groundschool (,Class 1-4) ist Theme on the educationalplan (Lehrplan) ... In Class 3+4 ,...all Kids lern to manage Money on the example of Pocketmoney..( a Kid geht normally from their Patents. ) IT IS a little amount often 1 Euro per week and they learn to get along with this amount. I have been trained In school in Class 3 and 4 to buy Things in a Supermarket through playing kaufmannsladen ...what is a very old Form of a Supermarket and ist a Loved Form to Play among Kids.
"The thing is, when you are of a specific "class", you kind of hang out with people that are similar to you "
That`s absolute nonsense. Even with the salary differences in a company, there is no such "class", where you hang around.
Die Schere zwischen Arm und reich ist eigentlich schon vergleichbar mit den USA. in Deutschland haben die Top 1% mehr als die unteren 50% der Gesellschaft... Dazu wird es dir extra schwer gemacht im Bildungssystem als Kind Armer Eltern aufzusteigen. Ein "Klassenaufstieg" in eine höhere Gesellschafts Klasse ist kaum noch möglich, die Gehälter Stagnieren und die Preise explodieren. Die einzigen die Profitieren sind alte Leute die besitz haben, die Vermieten ihre Günstig gekauften Wohnungen nun extrem Teuer an die Junge Generation weiter, bei Jobs sieht es ähnlich aus, du wirst quasi als Junger Mensch ausgebeutet von den älteren generationen. Wenn du sowieso eher Reich bist juckt dich das nicht und du bekommst es nicht mit, wenn du aber eher aus Ärmeren Verhältnissen kommst merkst du tag täglich wie dir Steine in den Weg gelegt werden, die reichen werden immer reicher und die Armen immer Ärmer. Und die Mittelschicht hilft den reichen dabei in dem sie das Narrativ der "faulen" Unterschicht verbreitet und Arme Menschen verhöhnt, obwohl es keine Mittelschicht gibt und die alle Ebenfalls zur Unterschicht gehören... Es gibt nur zwei Schichten: Die besitzenden (Oberschicht) die so viel besitzen das sie nicht mehr arbeiten müssen, und die Arbeitende Schicht (Unterschicht) die zum Überleben Arbeiten müssen und mit ihrer Arbeit die Oberschicht immer reicher macht. Aber man hat trotzdem Kontakt und Freunde in deutlich anders finanziell gestellten Familien, ich habe Freunde von Hartz IV empfänger bis zu Millionär Familie und wir kommen alle gut miteinander aus. Wahrscheinlich auch zum Dank das wir alle auf einer Gesamtschule sind, die lockert die harten gräben zwischen den Einkommensklassen stark auf. Es sollte nur noch gesamtschulen geben!
The number of millionaires is not an indicator of a country’s wealth as most wealth is always inherited.
The houses from Disneyland are actually called "Fachwerkhäuser" they were build alot from 14th - 18th century so most of them are pretty old they actually did build the Framework out of wood and filled the free spaces between the wooden beams with straw and clay. It is part of German culture thats why you would see alot of them, especially in the south of Germany (also in some Parts of France, espcecially in Alsace because it got occupied by Germans multiple times). They are under monument protection which means that no changes to the actuall look of the house can be made (even if you own it).
12:30 That is true and the importance of the Marshall Plan is often highly overstated. It did help, obviously, but it did not cause Germany's economic miracle. After all, other countries received more funding and didn't show the same results.
No the number is wrong, they are missing 3 zeroes. The Marshall-plan contributions for Germany were about 1.4 billion dollars (about 17 billion adjusted for inflation).
@@stephanweinberger It certainly helped but it's way more important to have good economical policies.
@@Matrix27594 Of course. I was just correcting the numbers shown in the video.
Also Adenauer, the guy who ran the whole show for 16 years, was a powerhouse of a politician and got the economy running again. We had Brandt and Schmidt as well.
Germany had a big headstart by the Nazi economics (not to forget the quasi-colonisation in Europe during the war AND the massive exploitation of human ressources) and the huge „aryanization“ (meaning: expropriation of all the Jewish industries and companies). The German „Wirtschaftswunder“ was mostly the profiting from this Nazi-headstart. The USA helped Germany bridging the continuation for mainly two reasons: To appease and avoid a new nationalist resurrection like it was before, after Versailles 1918, and in order to build a anti-communist buffer against the Soviet Union and Warsaw Pact.
A very simplicistic view, but the main line is: Yes, the financial aspect of the Marshall Plan is not enough explanation for the rise of German economy in the second half of the 20th century. But mostly because of the Nazi exploitative economy that put the foundation.
I lived and studied in Germany..(Bonn University..🇩🇪.fantastic place) .it is a great country and its products are of a very high quality. But it has to import a lot of gas and oil and has found itself in a difficult position since the attack on Ukraine started..there is talk of energy rationing in the winter...this could have an adverse effect on its ( and Europe's) economy.
It could have an effect on its economy? No, it will have. Our beloved german government is destroying Germany. And in 50 years the people will ask themselves "How could that happen?"
Thank you for all the compliments to our country. We will be eternally grateful to the USA for not abandoning us ordinary citizens after WW2, after what the Nazis did. I hope we can expand our relations in the near future and also produce more in the EU/USA again, so that we don't give countries like China or Russia a chance!
The Russians were also crucial to defeating the Nazis and ending World War II, but now, Russia is fucking despicable.
What do you mean with "not abandoning"? The Marshall -plan? It was not about Germany or German citizens. It was only about the fight of systems ans providing a nice picture for outside (Schaufenster).
"eternally gratefull" hahaha!
The Yankees are germany eternally grateful for starting a short war, from which they could profit in a state of recession! As we know today, not only major banks and companies funded Hitler, but the swindler Roosevelt deceited his citizens, provoking the Japanese to make war against them, and also having prior knowledge, that they are underway for the attack of Hawaii, doing nothing... He wanted to join the WW2, his people not.
No, please, America is too dangerous and has to much influence already
Although the video mentioned that Germany has a lot of resources, it actually doesn't have that many anymore that are mined at a reasonable cost. Germany imports a lot of oil, coal and gas for example. One of the reasons for the low amount of hours worked is how well organized companies are compared to foreign ones. When I worked in Germany I never did overtime, but plenty once I moved to Australia. Many companies are very mechanized, so a small amount of workers can put out a lot of production. Germany is quite densely populated, this makes public transport more efficient for people. Many Germans are thrifty, careful with their spending and quality minded. One of the few drawbacks is that German companies can be risk averse. For example "Venture Capital" is translated as Risikocapital = "Risk Capital".
Germany has like the 7th largest reserves of coal. There’s also a lot of lithium and if worst comes to worst it could do fracking in Lower Saxony for about 40 years. At one point, Eastern Germany also was the 4th largest exporter of Uranium. Although, I don’t know how much there still is.
@pegamini And a minority of narrow minded people still complain. Maybe you think in another way if your hometown is flooded. Or your house just sinks 3 m into the earth.
well, in a densely populated country like Germany, it is not wise to dig a hole in the ground wherever you like. The "coal-barons" of the past took the profits, while the society will have to cover for the costs of cracking ground, streets, houses, canals ... for ever. "Ewigkeitskosten".
Hi, actually it was 1.3 billion $ which was about 11% of the whole marshal plan for Europe. The rest was distributed throughout Europe with the UK and France receiving the largest shares, well over 20% each, I believe.
It is astonishing that Germany has already paid back about 1 billion to the USA in the 60s. Then the US announced that the debts are forgiven to the countries.
Maybe we citizens of Deutschland seem not to be sooo rich, but you have to see that our way of live isn`t that expensive either... Yet :) We`ll see. Life, travel and having fun is much more affordable compared to some other counties and the people are quite contend with that, otherwise they would just emigrate. It seems the opposite is the case, we are the second largest immigration destination after the USA. Greetings
Yeah we are a good immigration target for unskilled workers. The brightest minds usually leave our wonderful country and try their luck in Switzerland and in the USA.
Well, the "myth" of the Marshall plan is, that it "kick started" or helped the German economy to recover. But that's not true.
There is an US study (can't remember the name of the university), which says that only 0.1% of the German growth after WWII comes from the Marshall plan. And the reason is easy: Most of Marshall plan have been coal, food and clothes etc., so mostly goods, not money. The biggest effect/help of the US for the German economy was when the US allowed Germany to build weapons for the Korea war.
This paper was a "shock" and destroyed a lot of myth of the Marshall plan, which we all learned here in Germany. There have been a lot of TV shows and politicians having discussed this study (mid 90s?). The Marshall plan helped the German people, without any doubts, but not the economy at all. That's propaganda.
They certainly showed very clean and beautiful stock-pictures of germany. Also, many of the shown roads where main roads, which are kept quite immaculate, because roads with holes erode faster under heavy traffic. If you go into sideroads, that Image might change drastically, depending on the wealth of that Region. Many side roads are paved with stones, though. Stones can be re-set which makes them last for a very long time, much longer than tar. I do think that our tax-euros go to good causes, mostly. Parks are clean and safe, roads are okayish, Police is helpful and healthcare affordable. Things like food are made affordable at all costs (at least the basics).
4:50 that's because sailing is actually a skill and fun and more cost effective than just having a boat. Those sailing yachts will have small motors just in case or for docking, but generally speaking sailing is quite popular on a lot of recreational lakes.
@Juvens, it's not even alowed to have a small electric motor on that that river. You need a written permission from the local authorities and usually only a very few tourist boats, police boats get that permission. That river is located in Hamburg and is called "Alster" - by the way;)
@@janni132 Laut der Wasserschutzpolizei Aussenstelle Alster, ist das sehr wohl möglich und auch sehr gängig. Natürlich muss man eine Genehmigung beantragen, aber das muss man mit jedem Fahrzeug auf deutschen Strassen, Flüssen, Seen und selbst in der Luft. Es gibt kaum Segelyachten ohne kleinen Motor. Aber danke fürs Beitragen des Ortes.
English translation: The local authorities disagree. It is in fact allowed and not uncommon to use electric motors.
❤❤Your channel is literally my comfort place. 🤗❤
I found it strange that although I do not know him I quickly had the feeling to meet a good friend whom I appreciate avlot when I see his reaction videos.
Is it called charismatic? Humble, funny, smart ...
The geographical location of Germany, being right in the middle, is a massive plus. There are so many benefits to it, it's unbelievable.
It's a plus in economy, but not war as we have learnt a couple of times. So now you know why there 'was' an anti military culture, which has changed a bit since Putler showed up in the Ukraine. But now it's another situation with lot's of friends around us.
11:00 Yes, it's really cool to live in Germany, we have the right weather in every season, we're by the sea and we have beautiful big cities
As a German I have to admit from the outside Germany looks like a modern, solid and interesting city you may want to visit. But living there is not even close as nice at it may look like. Our government is literally destroying our economy built up over many generations. It's really sad how Germany is evolving
You nailed it!
Du sagst es
And still you are way better off living in Germany.
Except for the deutsche bahn. There was nothing to destroy 😂
Leider wahr
The town you see at 1:55 is Frankfurt. This is the Römer, a very famous (for Germans) place. We greeted our soccer team there when we won the 4th world champion title
Yep, when you mentioned "Looks like the use of taxes is way better" I had to laugh. Every day I think the same thing that here in the US, we pay pretty close to what you pay in Germany, but no free schools/Universities, no universal healthcare, way better roads, safety for unemployed or with health problems and an infrastructure/public transport that cannot even be compared since the US is way behind on that. I just hope that one day taxes are used for those things and not wasted.
I think German taxes are quite higher, effectively >40%, but you get universal healthcare, superior social security, free universities and all the other things you’ve mentioned. The governmental revenue is around $1.9 Trillion each year, the US in comparison is around $3.4 Trillion with 4 times as many citizens.
Fun fact about the about the "no motors allowed lake" at min. 4 - it's actually a river called "Alster" and is located in Hamburg. There are only a very few motorized boats allowed and most of them are tourist boats. In summer time the Alster is packed with sailing boats, as these are more or less the only ones which are alowed. Greetings from Hamburg ;)
Beautiful places exist everywhere in the world. I think that Germany has made it somewhat of a "priority" to have some beautiful places, but I can also be wrong.
I have to say that our little town near Augsburg is not insanely beautiful, but even the roads compared to the ones in the US are premium spec.
You can drive 62 mph even on the standard roads without losing traction and crashing off the road.
I would love to see you one day, and I'll recommend Augsburg as I think its a beautiful place worth visiting.
It would also be funny watching you play GeoGuesser in Germany to see if you really think it is beautiful or not.
@12:36 Germany used the money, instead of all other European countries, to form the "KFW" Bank (Kreditanstalt für Wiederaufbau), which they used to provide credits with low interests to the people. Thats why in fact the money from the Marshall Plan is still in circulation
Regarding money I seem to be a true German. I always say, that I can only afford something if I am able to pay for it twice.
Bugatti,Bentley,Lamborghini, Rolls Royce are all German too. Germany buyed all these Car Companys.
So you can tell, Germany is Number 1 of all Popular Cars around the World.
And all These together are way more expensive then Apple.
A lot of the German architecture that looks amazing to you and like Disney ist just old often older that US as an country . In my bithtown there houses from 980 ad. In oldtown centre for example
Short fun fact about 2:00... There is also the "new old town" in Frankfurt am Main... So the houses were newly built from 2012 to 2017, but in the old style.
They replace the medieval city that Frankfurt lost in the war :)
The reason for apple beeing so Big is partly because of the exploitation of the workers, now here me out before you judge, but in germany there are alot laws that restrict companies of that exploiting (parental leave, paid days off, paid sickdays and so on) America doesnt have that, thus the companies will always be bigger. That doesnt mean that they are better, infact i despise those practices.
We (germans) have learned from our past, i wish america would do the same.
??? The exploited people are sitting in Asia, not in germany or USA. And guess what german companies use low paid workers in poor countries just as american ones do.
@@KwaPaN3R i am sorry if this offends you, but unfortunatly it isnt true. America does exploit the workers. Tell me, What happens if you get very sick ? Like something really severe which takes like months to recover from. What happens ? Your coworkers need to "gift" you their sick days, so you can actually have some sickdays, and even then, that might not be enought and you get fired anyway.
I wish it would be different, believe me i do. Unfortunatly this is not how it is in most cases in the us.
@@mJrA83 Sorry, Im not offended. Actually Im german myself. You are just talking bs.
@@KwaPaN3R then let an American confirm that. I know i am not talking bs, but hey just today i have spoken with a women from Seattle about this exact topic, and guess what she didnt say its BS she actually confirmed it. But np you believe what you want, i rather be the non ignorant type ;)
Germans are lazy workers, I work in another country and my work is in German and guess what the least productive workers in our company are the people from Germany
it´s cool that you like germany. and you're right. germany is very beautiful.
hey, love your Videos. It would be nice if you would react to German modern architecture like the Elbphilharmonie Hamburg.
Keep it up
🤘
1:54 _"You don't walk around in __-America-__ the United States and see architecture like that."_
➡ Probably, bc this architecture in the video seen right now (it should be the most cultural part of Francfort, known as _Aldstadt_ , so the eldest part of the city), was already built, long time *before* the US even starts to exist; for the the _old town part_ of Francfort, it started around the year 790 - so 1,000 years before the US & 700 years before even the Americas were discovered.
in germany you're ''rich'' compared to other countries' citizens, if you have both parents which was not the case in my childhood, but surprisingly my mom managed to raise me and my sister alone without having to get a credit card, now at the age of 50 she got herself one edit: I am german
(I'm pretty proud of my mother)
but in germany you have opportunities a poor person in germany is rich in 80% of the world
Haha, the nice grafiti is the east side gallery in Berlin. A big outside art exhibition on the former wall.
If you want to see some breathtaking german castles (some of which actually inspired Disney's Cinderella Castle), you should react to "German Castles from above - Our best of montage". It will blow your mind.
4:50 the lake is called Alster (Hamburg, Germany). Powerdriven boats are allowed, but that’s probably a Sunday and sailing is more relaxing.
As a german, the state is rich but not the inhabitats. The prices and taxes are too high we pay taxes that doesnt even make sense. Its getting hard to live with the prices.
So where do most of you Germans dream of immigrating to then? Norway? Netherlands?
@@ryoukwjdbwopqmqpzl73819 I dunno Madeira is pretty popular
@@ryoukwjdbwopqmqpzl73819 Switzerland is pretty popular. Suisse got high wages, low taxes..and high cost of living.
living in Germany is great and I love to see what you think about us. And you need to come to Germany, its so different. But on the other side we have a lot of problems you can#t think about but those problems exist in every country
This video only crushes the numbers but doesn't scratch the surface of the real reasons.
1. It's true that Germany got a lot of support after WW2 like CARE packages for the population and the Marshall plan for the economy. Without the CARE parcels, the population would have faced starvation as the culmination of the worst weather conditions of the 20th century in the three years after D-day and the intake of millions of refugees from former German areas in middle and eastern Europe created the mix for disaster, esp. for people in urban areas. Sprinkle in a weak/worthless currency, food rationing, and a flourishing black market with the currency "cigarettes" and you get the idea. If you compare the numbers you'll see that Germany got less money out of the European Recovery Fund (Marshall Plan) than e.g. Great Britain and they used it differently. Whereas most other European countries used it directly for infrastructure improvements and reconstruction, Germany put most of it into a state-owned bank "Kreditanstalt für Wiederaufbau" (KfW) = Bank for reconstruction and lent the money to states, communes (counties and cities), companies, and individuals - with low-interest rates (lower rates than commercial banks) and generous amortization schedules. And so the money technically is still there and is still used for purposes in the public interest - today the KfW e.g. finances the installation of renewable energies (windmills and solar panels) or low-energy housing.
2. Germany's economical backbone isn't big corporations like the car manufacturers but small and medium-sized enterprises. These SMEs are often highly specialized in a niche market but are world leaders in their specialist markets. You've never heard of them but they are extraordinary. Take Herrenknecht AG which constructs tunnel boring machines that are used worldwide or DESMA which produces machines for producing shoe soles. China may be the world leader in producing shoes and soles but they couldn't do it without machinery from Germany.
3. Germany has few natural resources besides coal and iron. We have to import energy and other resources. Our salaries and wages are high. So we always have to stay on top of the competition in innovation and cutting-edge technologies. So, what's our most valuable resource? Correct, it's the workforce and its education. That's why education is tuition-free in Germany - even for foreign students because a certain percentage of foreign students stay long-term in Germany and contribute to the collective success. And we value blue-collar labor. At the core, our vocational training is still medieval. You start an apprenticeship with a master's and in 2 to 4 years (depending on the job) you'll learn about everything in this special trade by working 3 days a week as an assistant to a master or journeyman and 2 days in school for the theoretical background (basics like German, English, and Math as well as trade-specific lessons e.g. bookkeeping for office-jobs or material knowledge for carpenters). You get a small salary which increases significantly every year to mirror your added value for the company. After passing the journeyman exam you are ready to work at any company in the field. This kind of work is well paid and highly respected.
4. Then there is a big difference in economic attitude. The US (generally spoken) is fixated on short-term gains (quarterly reports, even quarterly paid dividends) whereas the German mindset is rather long-term. Investment into new technologies and the workforce are more important than short-term gains for the shareholders. One point of long-term sustainability is the workforce's happiness. Low turnover rates benefit the employers as well as a high motivation. Most big German companies have programs to reward innovative employees with gratifications or shares.
BASF, the largest chemical company in the world, started to revamp its fabrication in its headquarters plant in Ludwigshafen after WW2. They introduced an integrated fabrication concept, where waste products from one plant were directly fed by pipelines into the resource tanks of other plants. This prevents contamination and unwanted chemical reactions. In 1974, they built one of the largest wastewater treatment facilities in the world which treats all wastewater from the factory, the cities of Ludwigshafen and Frankenthal, and several smaller municipalities. This was at a time when cities just started to become aware of the problem of untreated wastewater and some time before other industries. Today you can find trouts and salmon in the river Rhine below the factory.
"We have to import energy" We do import fossiles, not the energy itself. In terms of energy we are - again - an export nation. Other than that: good job!
Only: "Today you can find trouts and salmon in the river Rhine below the factory." Maybe not anymore after the drought. But that's another story.
$1,390,000 in 1945 is equivalent in purchasing power to about $22,879,091.11 today, an increase of $21,489,091.11 over 77 years. The dollar had an average inflation rate of 3.70% per year between 1945 and today, producing a cumulative price increase of 1,545.98%.
Don't know if you've watched GeographyNow Germany, if you didn't you can watch it so you can see the culture of Germany. As a Frenchman I love Germany, being born in Alsace on the French border, I talk a bit of dutch, I've learned english for 9 years now and still learning, and I've watched a lot of reaction channels and yours is intresting, you do compare a lot but I don't mind at all.
It's a reaction channel after all, you react to learn, and compare.
Fun fact for you American fellows:
In germany we talk now about 1-2 years that Euro might sooner or later crash and we will end up all poor. The politicians all say the height of german riches is a fleeting memory soon...
Even though our gross earnings per capita are lower than in the U.S., you have to remember that in the U.S. you have to pay for everything again. In our country, university is free (except for a small amount for bureaucracy), full health insurance is not very expensive, and you also get many other benefits (e.g. child benefit, housing benefit, etc.). More important is the Human Development Index, where Germany is clearly ahead of the USA. Germany is also far ahead of the USA in the Good Country Index. In short, money alone is not enough to classify people's prosperity. 🙂
Some bodies of water (mostly lakes) serve as drinking water reservoirs, so no petrol-powered watercraft are allowed there.
Germany is rich on resources? Nonsense. Right now we struggle to get enough gas. Our only resource is social justice and good education for workers.
I am glad we don't have a lot of resources. Because of this lack we were forced to develop everything to produce something whats made out of those resources. This has value. Country with resources are often poor or classified as develop countries.
you are right with the no motor policy for the lake in the middle of Hamburg, there is one tourist ferry and a few police boats that are run by an engine the rest is completly without motor
As a German I can say, Germany is pretty „easy“ to live the American dream (way more easy than in the us btw). My family is very very poor. When I was a kid there were times where we literally had no beds and slept on the ground of our flat. 6 peoples in 2 rooms btw. For over a year we had no hot water. At the end of the month there was barely money for food. Now I’m grown up, going to the college and going to graduate as an engineer. It’s much likely that just in my first year of work I will earn like 54000€ year-salary which is really good money in Germany. More than enough to have a good life. My future is pretty safe and my future kids will have a less stressful childhood then me. Tbh I never had much problems in school. I don’t wanna call myself smarter than the average but of course not everyone has the grades to go to college. But eventhough my family is really poor I always had a big chance to study, get a good job and earn good money. No student debt, nothing. College costs 600€ a year. I gotta pay 312€ half a year but I have many benefits as well. There’s a student price reduce for much things. For example at apple i get 10% price reduce and a 150€ gift card if I buy a new MacBook. Also the 312€ I pay include a ticket for bus and trains
American dream is poor to rich or middle class to rich, not poor to middle. That’s just a common misunderstanding. Most poor Germans will note become rich in Germany, regardless of access to education. German companies pay a pittance and salaries are so much lower than USA. On top of that, regulations are so tight.
I know I am late to the party, but it is funny to me right now that your talk about "maybe they show only the beautiful places" at 11:40 is on a pause screen of the american embassy in Berlin (you can see the Brandenburger Tor in the background).. Don't know why I laugh so much about that, but still
P.S.: You really have to visit us over here and do a roadtrip through the big cities and small villages alike. So much history and so much culture to discover!
My both daughters own an 3 Tesla. I with over 60 own an Ticket for, 60 Euro a Month can Drive all over my staate Here with all Busses, Trains , metros. Look about Germans Transportidians Optians. You will cry
Also, we have great public transportation (no need to waste money on a car), health care system (so no debt from medical bills), support from the government if you are ill, free education (also post university) and you are legally required to take between 25 and 30 days paid vacation per year. All that prevents a lot of people from taking on debt, taking care of their health and thus being more productive and also being able to spend more money.
This Video mainly has told how "good" german economy is.
Here you can react to how it became so strong:
ruclips.net/video/-a_IMvkfFSc/видео.html
The lake is the Außen Alster an you are right. No motors in general. With exceptions like commercial ferries, police and and escords for sports clubs.
The part with the Euro is most likely nonsense, since Germany was already a big exporter when they were still using the Deutsche Mark, and having a stable currency always did more good than having a cheap one ever could. In any case, wages in Germany are way too high in order to produce cheap. German products aren't successful because they are particularly affordable, but because they have a very high quality.
11:55 => "Infrastructure etc. looks more well put together than here in the states..." Yes it is ^^ I'm confirming that as a German, having visited some different parts of the US also
Having only read the title, I have to clarify a few things:
Just like any other country, the majority of the wealth belongs to the top 10% of our society.
Most cities are pretty clean in the nicer areas but as soon as you go to the outer districts things get ugly.
Our school system hasn´t changed much over the last 100 years, that´s not a positive...
We may have a good health care system in comparison but that doesn´t mean it´s good in general.
We´re missing staff in basically every medical sector and a lot of hospitals are owned by investors and have to make profit.
We are very backwards when it comes to the internet. Some places don´t even have any connection to it.
We are very old, the average age is 45. A lot of these people don´t want things to change and slow down progress for anything modern.
I´m glad I was born here, in relative safety, but I will leave in the next decade. We will get surpassed by every third world country in regards to technology sooner or later and I don´t want to live here when that happens
gut gesagt
Ältere Menschen wollten schon immer weniger Änderungen, weil ihr halbes Leben vorbei war, und sie nun, statt für etwas zu kämpfen, was sie wohl garnicht mehr erlben werden, ihr restliches, jetzt schon etwas instabiles, Leben zu Leben.
Dennoch ist die nachfolgend Generation immer weiter gegangen.
Heutzutage ist ehr das Problem, das es keine "Trottel" mehr gibt.
Jeder glaubt alles zu können, und zu wissen. Und das bestätigen Zeugnisse/Zertifikate!
Dabei hätten erschreckend viiieeele davon vor 30 Jahren nichma n Hauptschulabschluss verdient.
Heute sind es Diplompsychologen für abgeblätterte Farbe von Bushaltestellen, oder irgend son Quatsch.
Und eine Gesellschaft kann natürlich sich selbst ausgestellte Anforderungen abändern, und die Anforderungen dem Können anpassen (statt umgedreht).
Die Realität, die Natur tut das aber nicht!
Und so haben wir jetzt, nicht nur in Deutschland, lauter ungebildete, unbelastbare inkompetente, faule Gesellschaften, die massiv am Dunning-Kruger-Effekt leiden.
Die auch noch unhöflich, und egoistisch sind!
Fast allea was du oben beschrieben hast fußt dadrauf! 🤷🏼♂️
SO, kann man nu gut/schlecht finden.
Oder sich müßigerweise darüber Gedanken machen, warum es so ist usw.
ABER, es IST nunmal so!
Das haben wir aufzufahren.
Das soll nun die nie dagewesenen Krisen meistern, aktuelle, und bereits festehend zukünftige?
Das soll Deutschland und der Welt Hoffnung verleihen? Hmmm...
Aber das merken wir ja jetzt schon, das es kaum noch tatkräftige Handwerker gibt!
Naja, jedenfalls liegt ehr da der Hund begraben.
4:45 yes indeed. This is the Alster in Hamburg. An artificial lake in the middle of the city. Private Motorboats are not allowed on it. Just a few commercial vessels.
13:03 German reaction:
the Berlin Wall, which separated the east from the west of the city for 28 years (1961-1989), as part of the larger inner-German border with barbed wire and minefields from the Baltic Sea to the (today) Czech Republic and even this only part of the division of Europe. The guards had strict orders to shoot, thousands were captured and hundreds of people shot dead trying to escape. So sad. On the other hand: so wonderful when this terrible time finally ended. I cried a lot in 1989 out of joy, relief and looking forward to a better future with optimism.
13:03 American reaction:
beautiful graffiti as well.
I say: incredibly ignorant.
@stbufraba: I understand where you are coming from. However, from a US citizen‘s perspective, this aspect of the wall is far away both in location and time.
So please remain polite.
I am saying this as someone both of who‘s parents fled the GDR.
The Sail Boats are just 4 training or recreation. The lake is in the middle of Hamburg. Motorboats are allowed and from that lake the Alster (the river) is spreading into different smaller or brider arms. Grettings from Hamburg 😉
Yes, of course…
You‘ll observe quite a lot of beggars and homeless people.
Don’t think this country is nowadays rich except for the government.
Germany just has a different tax-policy in comparison to other countries.
Germany was ONCE the richest, but not anymore.
This shows the beautiful parts, not the shadowy parts.
The lake in 4:55 is the Alster in Hamburg and as you thought there are no motors aloud only boats for sailing or rowing coaches and there is also a motor powered tourist ship. (That’s the normal amount of sail boats)
The sad thing about inflation is that even when you get it under control the damage is done and those prices never go back down, The Market won’t crash until after the midterms, I’m putting all of my profits into Silver Gold Bitcoin Ethereum and food.
I startled at how some investors made millions from this downturn economy so please provide me more tips and hints on how to outperform the market and earn from option?
@@dustyarne7503 Getting in touch with an investment broker (Susan Denise Vargason) was how I was able to outperform the market and raise a profit of $240k since Feb. For me, its the most ideal way to jump into the market these days
@@delroyjohnson640 Thanks for sharing. I found her website online, will connect with her. I know the beauty of investing is that it favors those who simply start
Would you sell your stocks in a situation of a new war (China-US-Taiwan)?
Forget the haters, you don’t have to explain, you like what you like, you buy what you buy.
The "lake" with the sailboats looks to me like the river Alster in my hometown of Hamburg. And this looks like this almost every day when the weather is fine, no event needed
Yes, that's Hamburg.
A typical American reaction when comparing the older architecture to a Disney movie or Disney world. That's because that's all they can compare it to because Germany is steeped in culture and history and America has neither.
The US has a great and varied culture and history. Putting a singular focus on old architecture is quite unfair.
FYI… Germany is the 4th cleanest country in the World… I pick up trash when I go running on a daily basis…bc we CARE about where we live
Me in Germany thinking why is usa so rich
How Germany is rich? We pay a ton of taxes
As a forty-year-old German, I don't even know where to start. The German state is indebted to the point of no more. But we are creditworthy, so we keep taking on more. The capital Berlin alone would not be able to keep its head above water without federal funds, a bottomless pit. Nothing has been invested in infrastructure for ages, such as roads, bridges, fiber optic internet, etc. We're drowning in bureaucracy. The opportunity for advancement for the poor in education is nil. We are an extremely jealous society that is jealous of the unemployed and refugees because they are said to get more money for doing nothing, which of course is not true. The government has repeatedly missed the expansion of renewable energies. You hardly get a kindergarten place here. The health system here is a disaster. Hospitals are closing in droves because they are required by law to make a profit. My city's hospital hasn't had a maternity ward for years because it doesn't bring in anything. Some old police stations are contaminated with asbestos, known for years, nothing happens. The government lacks real vision for the future. The powerful business lobbies influence politics so that hardly anything is done for the common man. The Bundeswehr has been saved to death since the 2000s, which is particularly affecting us in the Ukraine crisis. Even before the arrival of the Syrian wave of refugees and then the Afghan and Ukrainian ones, more than a million apartments were missing here because the government has hardly built any social housing and is still not able to do it. Small houses in cities like Hanover near the center now cost one to two million euros. Even most Germans say we are such a rich country, the truth is that the number of millionaires is only increasing, which falsifies the income statistics. The middle class has been disappearing since the 2000s and poverty is increasing. The Germans have had fears of decline and existential fears for 20 years. Retirees cannot live off their pension. The pension system from the days of the German Empire will soon no longer be viable because fewer young people are paying in for the aging society. The government doesn't do anything, just says work until you're 70. The queues in the soup kitchens are getting longer and longer. The reunification costs a lot because the ex-GDR was on the ground. Also, under Chancellor Schröder, Germany became a low-wage sector, so that ordinary workers can no longer make a living from it, until today. Statistics only look good to economists on paper. Germany was at its peak in the 1980s and 1990s, but then the decline began. Corona, inflation and the Ukraine crisis are hitting us hard. The only consolation here is that things are much worse elsewhere.
I find it interesting, how much you can pull out of one wikipedia article. An 8 minute video with just copying some tables from there without even changing their appearance (visualizing the numbers) or crediting where they are from (even the titles of the tables are just cut off).
Also the first table was just about 3 times but kind sold as 3 different things in the beginning.
But i'm surprised that you can make such kind of content actually interesting with your comments.
I enjoyed watching.
4:45 - That is the Oberalster, an artificial lake in the center of Hamburg. All those people are sailing there, because they can. :)
There are a bunch of sailing and rowing clubs around the lake - mostly quite posh.
Much of europes cities (that werent bombed to dust in WW2) are hundreds if not a thousand years older than the US - Part of stockholm old town for example is mostly from around 1600-1700 hundreds, parts are from the 1400 hundreds and the big church (storkyrkan) is from 1306 - so almost 500 years older than the US as a nation (the three closesr small village churches from me are from around 1100-1200 even if they have been "modernized" laster on) so that will make a difference in the building style between european citiesa nd amerikan cities where you can find moderna steel and glas buildings next to old stonebildinging from 1700s-1800s
the Lake you see is called "Die Alster", it is a river, flowing through Hamburg. it is very common to see sailing ships there, since there are also shops to rent them for some time. the nicer the weather the more sailing boats you can find.
Yeah, come visit Germany. I'm curious about your impressions!
good video, thanks
The lake with the sailing boats is my home town the city of Hamburg.
This big lake is right in the middle of the city. And the sailing boats are not an event, those are private boats on a sunny day. Quite common site here.
@2:13 did you just seriously say that China has 100 BILLION inhabitats? The educationsystem of the US in its finest
"hard work", "work less hours than almost everyone", like, that's how to do it: work hard, but not too long. Many people seem to mistake the long hours for the productive work.
Its mostly like that here but we naturally have a few places which look bad but they are generally small areas compared to other countries i visited. Most contries only look nice at tourists spots but in germany we try to make also non tourist spots beautiful
A Trade surplus is way less beneficial then most people believe, including many in Germany. Germany sends goods and services into the world, goods that take effort to produce, but does not get an equal amount of goods and services in return, because of that Germany has to lend that amount of money to those who buy the surplus. That means you get money, something that is produced out of nothing by typing some numbers into a computer
The fact that we are rich in resources is quite the opposite. We do have coal and salt and Kalium(for fertilizer) as well as building Materials. Historically there were more relevant resources. The iron ore comes from north Sweden. Oil, Gas, Metals,... Are almost completely imported to Germany. Most of the other resources we have are not economically anymore. That's why we import coal from China for our powerplants that used to be powered by our own coal. Production.
That 1.4mil was mainly used to kickstart industry. For example in April 47 the first big export expo was initiated and income from those sales reinvested. By doing so it was possible with "only" 1.4mil to reinvigurate german export and income to a self sufficiant level.
The "intricate architecture" is 700 years old and was the way houses were constructed at the time.
4:08 That is Hamburg btw and aamof we actuall do call it the most beautiful city in the world :D But I guess many cities claim that title. The one after that with all the sailboats is also Hamburg and that lake (it's technically a river but i know it's hard to tell by that picture) is the Alster. There are tons of mansions with their own piers adjacent to it and an expansive network of canals and smaller rivers flowing into it which are crossed by more bridges than Amsterdam, London and Venice have combined. More than any other city in the world. There are also many sailing schools and schools offer sailing classes as extracurriculars or even in place of PE. So theres no special event, unless you call "not winter" an event :D
motorboats are reserved for fisherman and ferrys mostly. On huge rivers where there is freight traffic you can have recreational motor boats too.
Germany became one of the richest countries in the world because it payed its workers well and cared for them. German workers had no fear to get fired, sick or old. They could concentrate on the products they made and as part of the company, they felt proud of the quality they made.