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Economics Help Global
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Registrace 18. 01. 2024
Global version of Economics Help - focusing on global economy and economies across the world.
Is German Economic Crisis Getting Worse?
A look at the problems facing the German economy. Why industrial output has fallen 15% and car industry in difficulty.
► Please subscribe to Global Economics Help!
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About
► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including:
► Cracking Economics. www.economicshelp.org/shop/cracking-economics/
► What Would Keynes Do? Amazon amzn.to/2xShqq4
► Please subscribe to Global Economics Help!
www.youtube.com/@Economicshelp-Global?sub_confirmation=1
About
► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including:
► Cracking Economics. www.economicshelp.org/shop/cracking-economics/
► What Would Keynes Do? Amazon amzn.to/2xShqq4
zhlédnutí: 6 484
Video
The Rise and Fall of Japan's Economy - Can it Recover?
zhlédnutí 3,1KPřed 28 dny
A look at the the rise and fall of the Japanese economy, and whether they can escape deflation. 0:00 Intro 0:50 Downfall of Japan 3:00 Housing Bubble 4:35 Deflation 5:49 Trying to Recovef 6:40 Strenghts of Japan 7:36 Recent Problems 8:30 Ageing population 9:23 Recent Market Swings ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► www.e...
Why is Denmark Rich Despite High Taxes?
zhlédnutí 45KPřed měsícem
A look at strength and weaknesses of Danish economy. Why Denmark has the highest tax rate in the OECD, and what it gets from this. Reasons for high growth and which model does it follow. 0:00 Intro 0:38 Reasons for success 4:02 Socialism vs Capitalism 7:42 More to Life 8.29 Immigration ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► ...
How Bad Economics RUINED Venezuela Economy
zhlédnutí 1,4KPřed měsícem
A look at tragic economic decline of Venezuela. How country with largest known oil reserves became the worst performing economy in the world, with 65% contraction in GDP and high inflation. 00:00 Venezuelan Economy 2:13 Problems of Oil 3:32 Arrival of Chavez 7:25 Inflation 9:20 Sanctions ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 source...
Trumponomics - The Real Impact of Trump Economic Policies
zhlédnutí 17KPřed měsícem
A look at the economics of Donald Trump's policies. 00:00 Intro 00:17 1. Lower prices 1:40 2. Weaker dollar 4:28 3. Lower Taxes 6:30 4. Higher Tariffs 10:39 5. Immigration ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches eco...
China’s Looming Crisis and Inevitable Decline
zhlédnutí 10KPřed měsícem
A look at some of the problems facing the Chinese economy in the coming years. Property collapse, Rising Debt, Ageing population, trade War and Authoritarianism. 0:30 Looming Problems 1:55 Housing Bubble 4:15 Debt 6:13 Strengths of China 6:55 Trade War 8:11 Entrepreneurs 9:30 Deflation 10:30 Ageing Population ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub...
Greece’s Economic Disaster - How The Fallout Continues
zhlédnutí 56KPřed měsícem
An explanation of the Greek economic crisis, and what lessons need to be taken. Is Greece really recovering or is it an illusion? 00:00 Intro 1:30 Euro 3:21 Start of Crisis 6:00 Lessons from Crisis 7:50 Recovery ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied ...
When Will Polish Economy Overtake UK and France?
zhlédnutí 27KPřed 2 měsíci
0:00 Intro 0:54 Why Growth Higher 1:53 EU 4:55 Migration 6:45 Virtuous Cycle 7.45 West's Downtunr ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 Source of 3 graphs: notesfrompoland.com/2024/05/16/polands-eu-membership-20-years-in-20-charts/ About ► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford Univ...
How Brexit Made the EU More Popular
zhlédnutí 69KPřed 2 měsíci
A look at the problems of Brexit made European countries pull back from movements to leave the EU. ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Cracking E...
Why the French are So Depressed about the Economy
zhlédnutí 47KPřed 2 měsíci
A look at economic problems facing France. Why it is in difficulty. Why somethings are better than they seem. 00:00 Intro 0:58 Pension Problem 2:44 French Debt 4:02 Lower Growth 4:59 Consumer Pessimism 5:33 French Success 8:03 What Next? ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 Sources: www.lemonde.fr/en/economy/article/2024/02/13/a-g...
The US Economy’s Dark Secret - The Consumer Crunch
zhlédnutí 4,4KPřed 2 měsíci
The US economy is posting excellent economic growth stats, yet average citizens remain less impressed. Behind high growth is a story of rising debt and falling savings, can this growth be maintained? ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 Sources: www.economist.com/finance-and-economics/2024/06/04/is-americas-economy-heading-for-a-c...
How Italy went from Worst Performing Economy to be the Fastest
zhlédnutí 28KPřed 3 měsíci
For 20 years Italy was the worst performing economy in Europe, but somethings changed, Italy has been one of the fastest growing economies since 2019, but will this last? ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 Sources www.reuters.com/world/europe/italy-spent-around-45-eu-covid-recovery-cash-received-so-far-report-shows-2024-02-22/ w...
Why The Russian Economy Defied Predictions of Collapse
zhlédnutí 3,4KPřed 3 měsíci
A look at the economic consequences of western sanctions, and how Russia managed to shrug off sanctions to some extent. But also what is in store for long-term outlook? 0:00 Intro 0:43 Russian Policy 1:55 Military spending 3:50 China’s support 5:59 Evading Sanctions 6:35 Loss of Working Age People 7:13 Long Term Problems ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshel...
US vs Europe - Who Has The Strongest Economy?
zhlédnutí 7KPřed 3 měsíci
A look at relative performance of US and European economy. Why GDP statistics can be misleading and why we need to look in more details. ► Please subscribe to Global Economics Help! www.youtube.com/@Economicshelp-Global?sub_confirmation=1 About ► www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several ec...
Why Americans Think the Economy is Rigged Against Them
zhlédnutí 6KPřed 6 měsíci
Why Americans Think the Economy is Rigged Against Them
Is Argentina Economy Doomed to Fail Again and Again?
zhlédnutí 4,6KPřed 6 měsíci
Is Argentina Economy Doomed to Fail Again and Again?
The Real Cost of COLLAPSING Birth Rates - Economies Will Never be the Same
zhlédnutí 10KPřed 6 měsíci
The Real Cost of COLLAPSING Birth Rates - Economies Will Never be the Same
Why Canada’s Economy is Doing Worse than You Realise
zhlédnutí 4,6KPřed 7 měsíci
Why Canada’s Economy is Doing Worse than You Realise
Is US Economy Heading to Recession For 2024 Election - Six Warning Signs
zhlédnutí 2,3KPřed 7 měsíci
Is US Economy Heading to Recession For 2024 Election - Six Warning Signs
Argentina Crisis - Can you Fix an Economy by Breaking it First?
zhlédnutí 3,9KPřed 7 měsíci
Argentina Crisis - Can you Fix an Economy by Breaking it First?
The Worrying Decline of the German Economy - From Miracle to Stagnation
zhlédnutí 6KPřed 7 měsíci
The Worrying Decline of the German Economy - From Miracle to Stagnation
Europe is in decline
The German people chose their leaders to lead them.
Stupid is as stupid does.
Nothing about the impending collapse of germoney has been in the slightest "unexpected". The country has been in love with itself and it's hyper-moral green movement since 30 years and has consistently had a majority voting for left-wing, out of control socialist nonsense and down-playing the economics of political decisions for decades. Just two years ago a socialist minister reduced the early retirement age to 63, and two years later the retirement age for the nation had to be raised to 67. This deeply socialist nation loved to bask in the pacifistic lime-light, only to now discover its military is costly, dysfunctional and completely useless and needs approx. 30 years to rebuild to the same (still dysfunctional) level it had just 15 years ago. It's extreme-left government just shuttered 6 perfectly well running, CO2 free nuclear power plants and (to reduce the nation's carbon output after having signed the Paris accord without ever reading the fine print) replaced them with - now get this: Coal and gas power plants. Yup, you can't make this sh1t up!! This country is completely lost at sea and just watching the elite there consistently destroying the nation day by day by making unbelievably poor and stupid, ideologically driven decisions, is fascinating, to put it mildly. There is a plethora of smart people that have been warning about the pending demise of the country for decades, but the socialists in the state run media and the left-leaning politicians have succeeded in convincing the naive german voter that these people are N4zis and there must be disregarded and ostracized in the political process. The top ranks of the german automobile OEMs - instead of hedging their bets - wanted to play to the woke public and the state run media and decided to abandon ICE vehicles and focus solely on electric cars to accelerate the shift to EVs. Many people warned about this short-sighted approach that risked the existing core competence of building some of the best ICE cars in the world. Did those managers listen? Of course not. They wanted to be on easy street with the mainstream media and the socialist government that told everyone EVs would save the world. Now the car industry is imploding as we speak and the EV market is firmly in the hands of Tesla and the Chines. The demise of the country was clearly foreseeable and well written about for years, so no: it was not sudden and unexpected.
The whole of the EU is in big trouble, just go read Dragi Report, its not good reading. The EU is the problem with Europe, far to much red tape and taxes. The standard of living is falling every year.
Trust in fellow Danes plays a huge role too - trust in the government however.. it's like in the US, you have to pick either a douche or a turd.
rofl, "unexpected decline" - EVERYBODY who had any idea about economy knew that G. is failing since roughly 2 decades. Our best educated people leave the country and we take MILLIONS of people where the G. government itself claims, that most will never be integrated into the work force. Our energy prices soar, our infrastructure gets worse every year, our taxes are sky high. Yeah, it is UNEXPECTED that the economy will decline. Seriously?
Why is it unexpected down turn for Germany ?? Everyone knew that was coming after America destroyed the cheap energy supply to EU.
Well atleast Germany won't be getting anymore free money from the Uk, I'm sure they will be fine with their huge financial surplus!😂
The USA destroyed Germany by blowing up Nord Stream 2. The USA's fear was that Germany (and the EU) and Russia were becoming too interdependent. A threat to USA's hegenomy
*I KNOW* bring in 10 MILLION more unproductive migrants... That should FIX IT.
Almanya 'da Kaçış Başladı ve Avrupa Birliği Dağılacak !!!
Yeah, Rezession sure…this is BS. Germany is GROWING. Since April 2024 weed is legal…
Germany the leading nation in "outsourcing"... Outsourcing security to NATO and the US. Outsourcing cheap energy to the Russkies...we know how well that played out! And outsourcing manufacture to the Chinese...well what could go wrong with a one party dictatorship?!?!
Russia played them. Their politicians sold them out, but they were the ones that voted to actually leave. So Russia is satisfied did it divide them… The politicians walked off with a boatload of money… The constituents are the ones paying the price for their ignorance.. My advice is to all those people who are sleeping on the job. You need to wake the hell up….
"despite high tax" is the most hilarious sentence that keeps popping up. it's pretty clear that countries with social democracy, by far, perform the best by virtually all metrics you can find for countries. due to difference in social cohesion (partly due to size of countries geographically as well as amount) it's probably easier to make some things work these places, but there really isn't much of a logical reason for other countries to not simply copy a lot of what scandinavia is doing imo.
This is just rubbish ... you say "to understand" When you obviously do not?? This kind of one-sided "don't speeek of te germens! No one listens - even fewer relies on your blitherings ... Economics Help Global is a chinese channel - it is just harassment.
Better said something about Uk economy XD
Good video, thanks all authors. Only claiming it was "unexpected" sounds like bitter sarcasm.
Not sure why it’s unexpected, your a big country in the world and you bash China, to make things worse u’re in Europe and you bash Russia aswell. What else do you think was gonna happen?
US finally succeeded to bring down Germany by cutting off the Nord Stream and joining trade war with China , the two basic pillars of Germany's growth in last few decades. Had, Germany been a sovereign country, they could have seen the game plan of the US. And, it helped the rise of AFD. France is going the same way. A party which got 6 percent votes, got the PM post with support from extreme right Mrs La Pen. What a tragedy for EU.
I think its because they don't work hard enough! Remember Schauble and Bild when the Greek economic crash happened?
Germans are highly productive workers, they don't work crazy hours in relation to other countries but that's not necessarily a bad thing
Germany has no future technology. German car industry will wither.
China is supporting its industry. Germany is supporting Nazi wars of Israel and Ukraine.
Energiewende + Russia sanctions + Wir schaffen das = disastrous management.
West all blaming Chinese but German cars are shite now they lose half their value with in 3 year's
It’s a good thing to once in a while be reminded how well we’re doing. It’s too easy to focus solely on the problems and shortcommings
Can they blame the Jews as usual? 😂😂
Come on German friends, we are each other's best partners, working-wise we understand each other quickly and together we do superlative things: roll up your sleeves and overcome this phase of uncertainty! Best regards from Italy
Haha, this is not a personal comment or criticism to you, but your post triggered a burst of laughter here nonetheless! Italy's Mr. Fixit just 2 days ago did what Italian politicians do best, instead of delivering actual economic improvements: he has just requested another 800 BILLION (!) Handout from the EU "to improve competitiveness", after Italy having just last year received a freebie of 290 BILLION from the EU for - get this : "Corona Stimulus" and of course tied to "green and future oriented investment projects", when in fact the 290 Billion was calculated based upon the Italian unemployment rate 2 years prior to Covid(!) and thus had nothing to do with Covid costs at all. Italy actually received this "stimulus" as a ransom payment, because Italy's Meloni - after taking office - had quietly threatened to leave the Euro fiasco if free money didn't flow to help her "stimulate" the country. All these freebies come in addition to - and years after - the EU has already implemented what is called Target 2 payments, under which the poor and massively overleveraged countries like Italy, Greece, Portugal, Spain and France - instead of paying Germoney and the other countries of the EU (with more or less sound financials) for the goods they sell them - allows them to rack up these costs as debt. This means the goods these overleveraged countries purchase from the financially sound countries are not actually paid by the purchasing countries, but rather are paid using freshly printed funny money by the EU and carried forward as national target 2 debts. So cooperating with Italy typically means someone else loses their shirt. 🤣🤣 Economic reality in the EU is so strange and dysfunctional, you couldn't make up these stories even if you had an ample supply of white powder to help you along!
Unexpected? Tell which Hegemonic US Vassals and Puppets are doing well following its Master's endless sanctions and destabilization on other countries that refused to kneel down to the dictates of Washington?
German cars started as solid, well engineered machines to total money pits..over priced, poor quality..engineered planned obsolescence
GERMANY IS A HOLE. I went to germany once and the people were rude and aggressive.
It has got nothing to do with energy prices. Prices are about the same now as it was before the war.
Gas and diesel 😮
The main problem is the low fertility rate of 1.1 among white german women and the aging population… this year, one million expert german workers will retired and only 650-700 thousands will finish study and enter the job market… Germany failed to attract the right immigrants
Low skilled immigrants are needed in an economy and they actually typically increase the warning potential of the native born populace because they take up the undesirable jobs, leaving the desirable, well paid and high skilled jobs. However this does slightly increase the supply and demand for tertiary qualifications, decreasing its market value and also it makes young students/workers harder to employ at an adequate salary. Generally speaking Europe migrants outperform native born populations, followed by native born and then economic and educational migrants with refugees and low skilled immigration contributing the least to GDP. The main problem is inadequate integration caused mainly by a lack of social funding and support programs, it doesn't help when the native populace is alienated from the immigrants as this creates polarization and it forms ghettos and segregated zones of ethnic and racial divide.
Unexpected 😂😂😂
It seems like Germany shutting it's nuclear power plants was dumb. And the debt break rule isn't great. Especially when Debt is below 100 or 90% GDP. Construction red tape.
They killed nuclear energy and then sleep walked into supporting the US proxy war and meekly continued support for Washington despite that Washington clearly destroyed the Nordstream.
Well they decided to commit an economic suicide by stopping receiving russian gas.
When you play stupid games, you win stupid prizes. This is not like an asteroid came and hit these industries and gas pipes, the German government and its allies knowingly did everything that is causing this crisis.
Predictable
Unexpected?
Didn't help when they stupidly turn their back on Russia 😂😂😂, fools.
It wasn't unexpected. The moment Germany stop using Russian resources was the moment of their decline. You don't have to be a rocket scientist to calculate that one.
no it's when they followed woke BS and gave up nuclear energy
It has got nothing to do with energy prices. Prices are about the same now as it was before the war.
@@GowthamNatarajanAIthe govt pay the difference out of its pocket
@@GowthamNatarajanAI Not to the German industry its not. Maybe you should of listened more carefully to the video.
@@GowthamNatarajanAI Also why is Volkswagen shutting down plant .
Is German Economic Crisis Getting Worse? Looks likely 🤣🤣🤣🤣 Even Germany is about to close down their HOME BASE " People's Car " 【VW】 since Hitler's time !!!SAD !!! 😢😢😢😢😢😢
Simply because of equality and taxes
No cheap Russian gas? no problem ... no industries..
It has got nothing to do with energy prices. Prices are about the same now as it was before the war.
@@GowthamNatarajanAI yeah. but it was high between then and now. So it's too late now, the damage has been done and it is irreversable.
@@GowthamNatarajanAIyou are wrong, higher energy prices make Germany not competitive. It is 3 times more expensive than in China.
@@GowthamNatarajanAI It has everything to do with energy. If petrol cost $5 per liter, how much would an average family pay per month for the car? Similarly, if the gas is 3-5x more expensive, manufacturers will have to sell their products a lot more expensive to cover the energy cost and make a decent profit. It's the consumers who will have to bear the cost which makes them spend less
@@GowthamNatarajanAI Germany has the biggest Chemical Industry in Europe ... High Gas prices are a problem.
BREXIT BRITAIN 😂 🇬🇧🇬🇧🇬🇧 >>>> EUSSR(COMMUNIST)😂😂😂
Germany is the economic basket case and the sick man of Europe. More alarmingly is that Germany is also meant to be the economic 'powerhouse' of the eu and its biggest net contributor. So much for the sunlit uplands in jolly eu land and thank god we in the UK left the eu. Thank god for brexit as Germany could drag the whole eu down with it. I noticed France, Germany, Spain and Italy, the 4 largest economies in the eu are all in the bottom 5 of the Business Location Attractiveness table in the video while those at the top, UK included tend to be non eu countries. Now that is something to worry about for the eu.
not unexpected at all