American Reacts To Volker Pispers erklärt Geld und Schulden "Explains Money and Debt"

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  • Опубликовано: 17 ноя 2024

Комментарии • 70

  • @Gokudo87
    @Gokudo87 Год назад +19

    I am amazed you understood what he said, even though the subtitles where really bad in this video.
    I've recently rewatched one of his last performances, that was filmed, before he retired. I think it's from 2010. In this performance he says, that he is doing cabaret for 30 years and he never needed to change the program. The problems we've had 30 years ago are still the problems we have today. The fact, that his old Videos from 2004 or so, are getting so much attention today and are still very relevant to the political climate today, just underlines this point.
    Even though I don't agree with all of his points, he is still talking about a lot of things that need to be addressed. And he is addressing things, that Media nowadays just doesn't address anymore. But it's no wonder, media is run by the very people, that profit from keeping up the status quo.
    That's also one of the things he was talking about in his 2010 performance.

    • @daysailertogo
      @daysailertogo Год назад +1

      I also would say Pispers had a socialistic attitude on stage. I never saw him going after "die Linke" or after socialism in the the former GDR. But I also like his analysis of capitalism. I saw him once life on stage and I think never saw such an intelligent, dry and biting humor from another artist in germany. Since he has retired, he is missing. Yes he said, for 30years doing this nothing had changed substancially. So I think in his personal perpective ist ist just consequent to give up and he never appeared on media again. Also a intelligent decission and shows that narcissm doesn`t rule his ego more than doing a sinfull job. Good luck Volker an have a good time. I guess he lives around Mönchengladbach.

    • @axelplate9080
      @axelplate9080 Год назад +1

      The subtitle were an abomination. He also spoke very quickly. Even with good subtitles it would be a bit hard for a non-german speaker to follow it.

  • @felixfabio1473
    @felixfabio1473 Год назад +8

    As a german who lives in a big City its not nesseacrly problematic that i cant afford my own house, but to work half or more of the month just for an appartment sucks

  • @sondo81
    @sondo81 Год назад +8

    Debting €25,000 is already high, but compared to the USA it's peanuts. The USA is so heavily indebted that when applied to all citizens, each citizen is in debt of 96,000 dollars

    • @axelplate9080
      @axelplate9080 Год назад

      oh, and thee are 3,5 times more usa americans then germans.

    • @zeeam3679
      @zeeam3679 Год назад

      @@axelplate9080 lol, i guess u didnt understand statistical implications already made :)

    • @wolfgangsimons9183
      @wolfgangsimons9183 Год назад

      But their most wealthy people have a lot more in their bank accounts.

  • @mars76mr
    @mars76mr Год назад +5

    Poor is the translation. It is so interesting and true what he is saying.

  • @aw3s0me12
    @aw3s0me12 Год назад +3

    *Income inequality by OECD:*
    From all *32 OECD countries:*
    > Germany is rank 8 vs US... *last rank 32*

  • @aw3s0me12
    @aw3s0me12 Год назад +7

    Hi buddy.
    German workers *are NOT* heavily Taxed! A myth!
    > Average Income-Tax is in Ger: *19%* vs US: *22%*
    If you read a Tax number from a German worker, it consists of several points!
    A: Tax + B: *Insurances* a worker *buys!*
    Lets say, you read average *38% Tax* at a German worker.
    > 19% is *Income Tax* payed
    > 7% *buys* a German worker his *100% Healthcare Insurance*
    > 12% *buys* a German worker *State-Retirement Insurance*
    > 7+12 = for 19% *buys* a german worker *Insurances* over _Tax path,_ instead *only* over privat paths, with better & granted & cheaper conditions as the privat ones can offer.
    19% Tax + 19% Insurances
    = *38%*
    > What ever combined "Tax number" you read, you can see always _"Income Tax"_ by simple half the number.
    42% would be 21% Income Tax + for 21% Insurances boughts.
    For this average 3% less Income Tax, buys a german worker almost already 50% of his 100% premium Healthcare, nation wide & in all EU including back transport to home (Germany), all Doctors & Hospitals and by law can not be denyed.
    If you take 2,8k and use 7%, this would be *198€/ month* for 100% covering.
    > Including children, bc they run free until age 18+ on one of the parents Healthcare-card.
    So a Family of 4, pays 2x 7% of each income & all are 100% insured.
    A 70% covering average US silver premium "Healthcare" insurance (excluding deductible in the US...) costs monthly for a 4 head family arround $1.600+/month.
    Vs 2x €198 = €396/ Month
    ///
    We dun pay "more tax" we have a right to buy over tax path better insurance conditions for low costs, which the US worker has no right/access to.

  • @tiefseehase9503
    @tiefseehase9503 Год назад +3

    Volker Pispers is the best, I grew up with hin cabarett... but the translation killed at least 1 million of my braincells 💀

  • @philbeats7959
    @philbeats7959 Год назад +4

    Volker ist einfach der beste. Das Problem ist einfach der Kapitalismus.

    • @powda8429
      @powda8429 Год назад +3

      Zins und Zinseszins sind ein Problem, das andere das Glücksspiel an der Börse. Gehört beides abgeschafft. Dann sollte es eine Vermögens Obergrenze geben und es sollte keine derart mächtigen und einflussreiche Konzerne geben die ganze Länder erpressen können.

    • @bnjmnsty1708
      @bnjmnsty1708 Год назад +1

      Lerne den Unterschied zwischen Kapitalismus und Korporatismus...

    • @philbeats7959
      @philbeats7959 Год назад

      @@bnjmnsty1708 ja ok, aber ihr wisst ja was gemeint ist.

    • @kenybruhn2574
      @kenybruhn2574 7 месяцев назад

      Hail den nationalen Kommunitarismus das Gegenteil von Liberalismus

  • @Zentralrat-der-Schwaben
    @Zentralrat-der-Schwaben Год назад +3

    This Video Volker Pispers: Capitalism & Politics has English subtitles.

  • @daysailertogo
    @daysailertogo Год назад +2

    Volker Pispers is correctly pronounced in german: Folker Pisspers (Fol as "to follow" and Piss as "to piss" :-)

  • @Why-D
    @Why-D Год назад +3

    I bought a house a few years ago, but not in the city I tried first.
    It is no problem to buy houses in Germany, the problem is, many want to buy a house near Munich or Frankfurt or Berlin, that is very expensive.
    Could vor buy a house in New York or Austin?
    Buying a house in a rural area is very cheap, but in a major city it is extreme expensive.

  • @mischa1981
    @mischa1981 Год назад +2

    Oh man I'm sorry because subtitles are really bad and the automatic translation by Google / RUclips doesn't hold up with Volker talking very rapidly.
    But in the end he's right, as everywhere in the world the top 10 percent have the most wealth in your country, Germany, whereever. It doesn't matter where.
    Also if you watch Volker's program you should know about german culture and politics, else you won't understand much.
    With "Albrecht" he refers to the Albrecht brothers, one of the first discounters in germany, known as "Aldi" in I think all the world. At least here in Germany and Europe Aldi keeps expanding with their markets.
    About buying a house: For the most part of german population it's close to impossible to buy yourself a house. Either you don't have any savings which isn't too hard to "achieve" or you simply don't earn enough with your job. A lot of people still work in a mini job, earning 400 Euros a month. Or "Ein Euro Jobber", they literally work for 1 Euro every hour.
    I will keep renting apartments, I pay 570 Euros every month which is quite cheap in comparison to other cities. Colleagues of mine pay several hundreds more or even the double, triple.
    It's REALLY expensive buying a house, BUILDING one is even more expensive. If I would build a house and let's say, calculations are around 500.000 Euros I'd put aside the double or triple.

  • @winny4765
    @winny4765 7 месяцев назад

    He explains the modern money theory. It is not primary about poor and rich people but the money system.

  • @KarNeoLeX
    @KarNeoLeX Год назад +1

    7:30 we can buy houses but its not really a thing in germany ehhh "Feli from germany" has a good video on homeowners in germany!

  • @christophreimbold9940
    @christophreimbold9940 9 месяцев назад

    350.000.000 million dollar contracts?!😮😮what ?! For a baseballplayer?!Thats like a salary of a US Manager from a big concern..jesus christ😮 cool that you watching pispers✌️👍i saw him live 2016.he was the Greatest ✊✌️much love from Germany bro❤️✌️

  • @drachior
    @drachior Год назад +1

    Can't say i ever even wanted to have a house. It's fairly normal to live in rented appartments. You just learn to live with what you have - and if i had more, i wouldn't really know what to do with it. You need a bed, kitchen , bathroom , electricity, cable. All of that fits in comfortably in a small space. A bathtub and seperate dining room woud be nice luxery. A pool, a garage and 3 guest bedrooms? who the hell needs that.

    • @Pjalphareacting
      @Pjalphareacting  Год назад

      When you have a lot of young kids you need it haha

  • @TheCyberCore
    @TheCyberCore Год назад +2

    That english translation does not tell what he said at all... "Getting doctors out of the ground" - boy if that is what AI can do we're doomed.

  • @MiroShining
    @MiroShining Год назад +2

    Greetings from Germany 👋🏻 Volker Pisper is one of the best IMO but the closed caption translation is garbage. 😂 I don’t think that Pjalphareacting understood everything correctly. The last reaction videos to Volker Pispers about terrorism etc have had way better translation cc. Nevertheless nice to watch your reaction videos especially those about Germany and German topics.

    • @Pjalphareacting
      @Pjalphareacting  Год назад +1

      lol From 1 to 10 (10 being very accurate) how far the translation was from the original?

    • @MiroShining
      @MiroShining Год назад +1

      Well, while my English is also not the very best I would still only rate a 5 out of 10 because it’s very important to have a good translation especially in this case to understand the humor of Volker Pispers correctly. Also, a bad translation could lead to false opinions especially with sensitive political topics. While depth and so on might not be as sensitive as racism or terrorism but it’s still important to have an accurate translation imo. Go on with your reaction videos I love em 😊 @pjalphareacting

  • @winny4765
    @winny4765 7 месяцев назад

    Houses in Germany are built of bricks and concrete. That makes them expensive. So most people have flats.

  • @jensfrisch8659
    @jensfrisch8659 Год назад +1

    Just for you to know: In German one billion is one trillion in English.

  • @roberthenze8600
    @roberthenze8600 Год назад +2

    The Translation ist Bad Bad ^^

  • @pakabe8774
    @pakabe8774 Год назад +3

    What he missed: The super rich get an interest rate of about 20 percent of their wealth. If they would have to give up one fourth (what would result in 25 percent tax rate and is the equivalent of the 5 percent Pispers is talking about), we could get rid of all national debt within a decade. The point is: virtually the super rich would have to pay higher tax rates than just 25 percent, but in fact they quite often pay almost no taxes, because the have very complex constructs that protect them from taxes in any country (quite often they pay between 1-5 percent of taxes, but not in those countries the money got earned). And American companies are on the top of these cheaters, because while German companies pay about 30 percent of taxes, American companies like Amazon for example pay about 0,04 percent in comparison (under same conditions)!

  • @79Testarossi
    @79Testarossi Год назад +1

    Greetings from Austria 🇦🇹 i bought a house 4 years ago 👍🏻 a friend of mine in germany too

  • @petersauter7209
    @petersauter7209 11 месяцев назад

    Printing Money works. Cause of Inflation. We get more Money but You can buy less.

  • @PeterBuwen
    @PeterBuwen Год назад +1

    Why do you think we don't buy houses? I di buy a house five years ago. But houses in germany are probably ten times more expensive than in the US. They are from stone and with a cellar.

    • @Pjalphareacting
      @Pjalphareacting  Год назад +1

      how much does it cost to buy a house in Germany, average?

    • @PeterBuwen
      @PeterBuwen Год назад

      @@PjalphareactingIt depends on the region, if city or countryside and of cause how big and how well equipped including land. But basically, the normal prices are - in my opinion - between 200,000 and 800,000 euros, which could have to be converted into dollars about 1:1.

  • @yohanmeyr6392
    @yohanmeyr6392 Год назад +1

    A Loan is nothing , no matter how high...its the Interests, that makes a Banker rich !

  • @Living_compassion_peace
    @Living_compassion_peace Год назад +1

    You know that the U.S. is completely in debt? In your country, no one is officially talking about it, I guess.

  • @francoforte4788
    @francoforte4788 Год назад

    Of course, germans have and buy houses.
    I know there are some youtube clips telling bs.
    You can say, in the cities buying a house or apartment is really expensive.
    So it's more common to rent there.
    The suburb and rural areas, there you have nearly always private owned houses. 🙂
    Greets from Hamburg, Germany

  • @TASCOLP
    @TASCOLP 4 месяца назад

    Ist not like we are not able to buy houses at all here in germany. In the cities houses are very expensive. That's why only people with a high income are able to afford houses in German cities. But on the countryside houses are very cheap and most people their own a house. On average, houses in Germany are more expensive than in the US. But I think that houses in some US cities like New York or LA are more expensive than in Germany.

  • @stefanb4375
    @stefanb4375 Год назад +2

    I think this topic is a general worldwide problem. Or did you belive in the US moneypoltic it goes another way? Check out how much puplic dept each US citizen has. And I wouldt argue that the gap between rich and poor is even wider there. But one is common in our countrys no one sees through the financel policy. That is exactly why the system works in all capitalistic societys as discriped by Volker. PS I bought / own a house?!?

  • @kenybruhn2574
    @kenybruhn2574 7 месяцев назад

    Ist so hail den nationalen Kommunitarismus vs Liberalismus

  • @jakobschmitt7642
    @jakobschmitt7642 Год назад +3

    What do you mean „not able to buy houses in Germany“? You absolutely can buy houses in Germany 😅

    • @Gokudo87
      @Gokudo87 Год назад +2

      Houses have become more expensive, but it's definitely possible to still buy a house. My parents own a house, but I decided not to buy a house. Simply, because I don't like the idea to be indebted for 20 or 30 years, which is most of my working life, until I've completely repaid the credit. This would tie me to my job, because I need it to repay the debt. As it is now, changing the workplace, if I so desire, wouldn't be a big issue. Even if I would earn less, I could just lower my living standard and would be fine. It's not that easy to just lower your living standard if you have to pay like 1000 euro every month for a loan.
      I also don't see the benefit of a house for me. It's questionable if it's really cheaper than renting. This depends on how long I would live and that's something I don't know yet. For the next 30-40 years renting is definitely cheaper for me. And a house also isn't more secure. In an apartment the landlord can raise my rent, but there are laws in place, of how much he can raise it. In a house the government can just pass laws, to make solar energy required for example. Than I would need to take up another loan to install a solar system on the house.
      And as a tenant in Germany the landlord also can't just evict you. If I pay my rent I don't ever have to fear of having to leave my apartment. Unless I decide to do so.
      The biggest benefit for me however for an apartment over a house is, that I am free to go anywhere I want. You can also do this as a house owner. But if your house isn't paid off yet, you would need to sell it first, to be able to afford the living cost in the new city. And this isn't as easy, as just moving out of an apartment. Let alone, that when selling your house to move to another city, the real estate market value plays a big role. If the real estate market is down, you might have to decide if you postpone your plans to wait until the market recovers and you get a better price or you move immediately and have to accept a bad deal for your house.
      Not owning a house actually feels more free to me. Because a house feels like a shackle that binds me to the place I'm living at and that also binds me to my current job and employer.
      In Germany there are a lot of people, that also have their own house as one of their life goals. But I think in general the wish for your own house just isn't as big in Germany, as it seems to be in America.

    • @arvedpittner9782
      @arvedpittner9782 Год назад +1

      I believe the main point behind this is, that in the USA it's actually common to "own a house" like maybe not the majority of people live in privately owned houses but a much higher percentage than in europe in general. Housing in the US is compared to costs of living and income cheaper there, in exchange the constuction is worse and it's not unusual for a normal middle-class family to move houses SEVERAL times over their life, which seems kind of ludicrous to germans today I think. Here it's pretty much "If I buy a house it will be the place I live my life, my children and perhaps even grandchildren might be able to live in...". I'm not sure that's entirely why he made that statement, but some of it I think just comes from a difference in mentality where "owning houses" is concerned comparing the USA and germany.

  • @danielmatheis9600
    @danielmatheis9600 7 месяцев назад

    Debt is always a stupid idea. If you can't afford it then save for it or don't!

  • @-dubios-
    @-dubios- Год назад +7

    these subtitles are rly bad

    • @Pjalphareacting
      @Pjalphareacting  Год назад +2

      how bad are they lol!

    • @Zentralrat-der-Schwaben
      @Zentralrat-der-Schwaben Год назад +1

      This is Google Translation.

    • @Gokudo87
      @Gokudo87 Год назад

      At some points "Schulden" which means "debt" was mistaken for "Schultern" which means "shoulders". And at one point he said something like "Was sind Schulden?" this means "what is debt?" But it was mistaken for "schwarze Schulden", which sounds phonetically similar but the literal translation is "black debt" and it was translated to "black people's debt".
      Those are just two examples I've noticed. The translation also often didn't translate whole sentences or cropped sentences together by starting to translate the begging of a sentence, ignoring the end of that sentence and the begging of the next one, just to translate the ending of the next sentence again and make it look like one sentence.
      I am actually amazed you where able to understand this, because the translation was really bad. And I think a lot of the things he said where probably lost in translation.
      Edit: The translation in the other videos of him, you've already reacted to was great. But that translation was done by hand, whereas here it's just machine translation.

  • @darkflex91
    @darkflex91 Год назад +2

    Its not 2billion or 5billion its 2000billion to 5000billion. Dont use the . and , the american way there

  • @IvoryInDaHouse
    @IvoryInDaHouse 2 месяца назад

    bad translation in the subtitles unfortunately. That topic is too important to be left out. Could sb do a better translation for that vid ?

  • @choni7948
    @choni7948 10 месяцев назад

    Someone needs to properly translate these videos.

  • @LesesesseL
    @LesesesseL Год назад +1

    Its a bad translation.

  • @pscheck8983
    @pscheck8983 Год назад +2

    do youget the point?

    • @Pjalphareacting
      @Pjalphareacting  Год назад

      sort of, the said the subtitle was bad!?

    • @Crynogar
      @Crynogar Год назад

      @@Pjalphareacting Close to abysmal, could be better to get a native speaker, who is also old/knowledeable enough to get all the sidenotes Pispers makes. The only feasible Sub on Pispers I know of is over the "history of USA and terrorism"

  • @jurgenofner9852
    @jurgenofner9852 3 месяца назад

    y will understand finance? Simple Answer: MMT

  • @ThomasWende-rh4oi
    @ThomasWende-rh4oi 25 дней назад

    Hey, you are a berliner in the System, it is a bubble, that everyone beliefs in.....he is talking about misbelief in the New God "Money"