Why is Germany so RICH (and Powerful)?
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- čas přidán 8. 08. 2022
- It's the 4th largest economy in the world. Here are 3 main reasons why.
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I always found it weird that Germany is the 4th richest country considering it never really had a full on empire, had to pay lots reparations after both world wars and its economy being split for most of recent history until the 90’s it’s just crazy how this country somehow became richer than the whole continent of Africa.
Despite our geographic location? Germany is in the center of Europe, which is one of the biggest reasons. Also we have ideal weather conditions (not too hot not too cold). I think that's what made us "big" in the first place.
@@bentm563 I’m talking about on a world wide stage Germany is quite far away from Asia and it only place you can get to Germany by sea is the northern region
@@bentm563 however I will remove the geography part. I do apologise for adding that.
Their economy is also bigger than South America countries combined
Much of Germany successfully resisted the Romans during their empire days.
Two things cone to mind every time I hear Germany and Japan: Disciplined and organized
However most EU citizens are wealthier than the average German.
One thing pops in my head when I hear Germany and Japan: world domination, They've tried to dominate the world militaristically in ww2, they failed, but now they're dominating the world economically.
@@gamingwithcharlie5008 Japan and Germany dominate the world economically Are you joking ????
Just look into the ownership of assets and the debt of those countries.
That’s a stereotype
Deutsch und diszipliniert? Haha...
production is what makes a country rich and powerful
More productive you are, lower the prices are. Better for people.
@@WensBlog prices of what? Gas? Stocks?
Many germans dont know how great germany actually is.
and others think its better than it actually is
hope this does not turn into another nationalism trend again...
the funny thing is that the germans live complaining about their country until they leave it and realize the greatness of germany
@@michelbruns definitely much better then USA.
@@amarmrkulic1389 not hard to achieve
Germany is my ideal country. Strong work culture yet many worker rights, vacation / holidays, and don’t work excessively like US. Great immigration policies. Great economy. Great human rights. What’s not to love about German other than their idea of humor?
Tons of refugees for ur pleasure 🤣
High Taxes
@@sid8574 they have lower taxes than many other western European countries. Northern Europe is where the taxes are very high.
@@Homer-OJ-Simpson True but 40% is still high(for substantial income). Most of Western Europe is highly taxed. Northern Europe should not be used as a benchmark cuz they way too high.
Their ancestors did some questionable things
“Germany is so rich and powerful..”
Your typical German person: doesn’t feel like it ..
Your typical German is = the top 1% in many countries. We are talking about a country with 40,000+ per capita income usd
9.81 hdi
By far the best manufacturing industries in the world.
By far the best labour rights (along the Sweden, France, denamark and rest of scandanavia.
Germans who say they don't feel rich come to India my country you will understand how privileged Germans are . No offense
Danke
@@bloodwargaming3662 Yeah, India is a hole. BUT Germans are indeed quite poor when it comes to personal wealth in Europe. Even Spanish and Italians and Greeks are better off. Not joking.
@@bloodwargaming3662 Still poorer than average American. What a joke Germany is.
@@bloodwargaming3662 Things have been getting worse in Germany for some time, while other countries are doing even better, while Germany, for example, has made the conditions very bad in the areas of health, education and security (police). Many Germans emigrate because of this. For example to Norway, Switzerland or the Netherlands.
Many also leave the country because of the excessive immigration, because the cities and schools are becoming increasingly unsafe and more and more ghettos are emerging.
@@bloodwargaming3662 India shouldnt be the standard my friend. Even though i think how the west is killing itself right now India will be a big player in the next 10-20 years. Same times like the end of the roman empire over here. Will not be going good for long.
Much love to all Germans from your tiny brother Liechtenstein! 🇱🇮😊❤🇩🇪
Greetings from Bodensee (Radolfzell) 🙋♂🍻
This is a great channel! I only caught sight of you folks in recent times, but it’s now among my favourite channels.
Amazing video thank you for the great content you put out for us !
Great video, very informative and concise. Love the editing!
Thank you so much for informative video.
When you look at the quality of companies in retail, automotive, and engineering it's easy why they are so to productive. Companies like Aldi, Adidas, BMW, Audi and Lufthansa.
Woahh this was really well made 🔥
Hi Uptin, this video was very nicely created and edited. I liked it very much. Keep up the good work 👏👏👏
Awesome video
This video is too short! I wish it was longer. It's soo informative
Very useful information thank you from vietnam 😍👍😍
Because Germany is able to export its products cheaply to advanced economies in Europe via roads cheaply instead of air. And its engineering ability is good for innovation. Also Big Chungus is the main reason too.
Hello
I love Germany ❤️
I’m in Munich visiting right now!!
Very Good Video
I love your videos,🥰🥰🥰
Thanks for watching!
Amazing content. Can You make a Video about why Canada is rich? Hehe 😁
Yes, we always find a way
3:10 How does union culture keep wages low? should it not be the opposite?
"Union culture" ensures a constant review of wages and working conditions resulting in moderate and realistic increase of wages over time and even de facto decreases of wages or managed layoffs. As a result wages rise when the economy is booming and companies can afford wage rises. When the economy tanks, companies don't go bancrupt as fast as you would expect. When covid hit wages did not rise but vacation and working time schedules were drastically changed. Instead of laying off people and rehiring them later companies kept their work force to be able to boost production immediately after the end of the economic downturn.
i dont understand why you dont have 30 million suscribes, You are in my top 1 on CZcams, I love your videos and content, Hope you get really far soon
this guy breaking CZcams algo
As someone who born and raise in Germany I admit that discipline and good organization was something that was true for the Germany many years ago. Germany is really declining and you can watch how this in lightspeed is happening right now. Public transportation isnt working, cellular network is really bad and has a state like a really poor country, digitalization is also a pure mess. The organization of the state like government offices and institutions does not work efficient and expedient. Many people I know who work for the government are saying the same to that. And now because of the bad politics of the last 20 years we are facing a energy crisis which can be really dramatic in winter when things go bad. Of course Germany is a country I love and it is still a nice country but it is not the country anymore that people are thinking outside of Germany.
Damit hast du absolut Recht. Traurig zu sehen wie es bergab geht. Und in was für einem Tempo noch dazu.
i think you missed some important points , but despite this i like your video. thanks
After watching this video I have just found out that T mobile was german
It used to be the national telco before privatization, just like AT&T in the US
Not aure wether its the entire t mobile, in germany its called deutsche telekom with the same logo
I'm an immigrant myself but this never works out well for the average person, only businesses and the rich. Also, if governments aren't trying to build housing to accommodate these immigrants and creating jobs too support them, it will become a disaster like it has in Canada.
The biggest problem is that while immigrants are needed to settle more remote parts, what actually happens is that they end up all in the same few cities. That's a problem. See Toronto.
@@benchoflemons398 I immigrated to the US, genius.
@@dickriggles942 how did you inmigrare
By "disaster In Canada" are you referring to housing prices?
@@ronjohnson3621 Why do you even need to ask? Immigration too, duh.
No, they don't need immigrants to settle in remote areas in Germany. Many Germans are moving back to the countryside from the cities. That wouldn't work at all with immigrants, because they don't know the local traditions and values and certainly not the dialects. There is no need for parallel societies in every village. Germany needs well-educated people like electricians, doctors, carpenters, computer scientists, but such people hardly come. Instead, young Africans and Syrians who can't even read and write. They end up in certain parts of the city and these are increasingly becoming ghettos. The German politicians don't see all this and do nothing about it. Denmark recognized the problems and stopped immigration
hello dear bro Germany is one of my favorite countries it is one the best in the world with good food, architecture and cars all the world knows how famous it is ,its castles, ocean views, saunas . it is good to to visit for vacations. like and greetings from shery i am a traveler n explorer from Pakistan
While immigration is a net positive, it does have to be diverse and well-managed to reach it's full potential. Canada and the US tend to have mostly positive immigration stories as their immigration process is very selective. But it can also go poorly if it isn't well-managed, as seen in Sweden. Still, if economies want to continue growing they need to embrace immigration and turn it into an asset. As for the economy, thankfully Germany has good positions in very niche machinery products that have constant demand and not much competition. But due to it's conservative attitudes and slow embrace of digital solutions it has fallen behind more competitive economies such as the Dutch.
Uptin talked about BMW, Marc, Seimens and even Hugo Boss but not Volkswagen?
Yeah VW owns Audi, Porsche, Bentley, and Lamborghini lol. And i think I’m missing one or two others.
@@erwina4738 Seat, Skoda, MAN
Hey uptin can u go to Kuwait it’s my hometown it’s pretty cool and cheap
Love the fact that you blurred the name of Germany initially (mocking their privacy laws perhaps)
Hi from Switzerland 🇨🇭 😉
Germany was already this rich and this powerful before accepting immigrants.
And 60% of the immigrants don’t work here
@@MaxPower-ej8mm bro I swear I never seen a bot with the same pfp so often on so many different sites spouting the same right wing bullshit🤷♂️🤦♂️😭
Working immigrants are fine, but germany has a big problem with refugees.
@@MaxPower-ej8mm Its 12,6%, but nice propaganda.
Yeah it was, but in the future it needs immigrants because birth rates are too low, to have economical growth in the future.
They make great cars and have great products.
Hi From California America 🇺🇸
I have to say this. I've been keeping it inside for a long time.
Uptin, I am unsatisfied with the length of your vlog. I don't want it to be 3-5 minutes long.
I need your video to be 15 minutes minimum. More than that is better
It bothers me like to no end having such a great youtuber as you but has such a short length of videos.
Please Uptin, I need you to make your videos longer.
It's not a WANT.
It's a NEED.
Thank you.
Kind Regards,
Bee
What’s up Broski 🦋,
it has a magic money printer.
2:37 "I see Korean" what where??
0:15
In which year was this video made? Really outdated numbers
It's just sad that many germans don't realize how fucking lucky they are to live in such a rich country. People are crying about 8% Inflation currently, as it would be the biggest economic crisis on earth, while other countries are happy with Inflation under 20%. First world problems I guess.
So glad he missed Volkswagen
Why is salary so low there still?
Because rich people doesn't like to share
UK is currently above India and standing on around 3.1T. but I can see it going down now in recession and brexit bullshit
Sadly UK ain’t above India but below India
U didn't mention adidas and puma.
and Volkswagen
Most of men who like cars would like Germany.
*Lol. When you open your phone, how many German apps do you see? How many German apps do you use on a regular basis?*
Clown
👍
Germany is indeed rich but I would not call it powerful.
why?
It is the leader of the EU so it’s very powerful
as a german this is really not well researched and unfortunately paints a very simplistic and, frankly, wrong picture.
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.
Similar story, down in the south...
Money is an issue that everyone has fora
better and luxurious life, life was hard for me
until I started trading crypto and am now
earning $20,000 per week.
Yes that's true
Thanks to Mrs Sophia
Wow I' m just shock someone mentioned expert Sophia I thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self
I invested £5000 pounds I I received £54,000 thousand pounds within 7 days working
Stop putting misleading info and figures. India is 3.5 trillion USD economy in 2021.
It’s not T mobile it’s Telekom
Because they are very thrifty, saves a lot and the is not a credit culture they do credit having a house but mostly half of it is already paid due to early life savings for a future house called Bausparen.
Germany is number one choice for Indians for immigration
you forgot the very long stability of the Deutsche Mark which made investors prefer germany. when the euro was adopted, the devaluation of german money made it the leading market by becoming exporting world champion. Plus the german mindset of 'don't spend over your limit'. in german debt is the same word for guilt. germans HATE depts! we prefer debit card over credit card & we prefer CASH over all else!
There's more but i've got no more time now. :)
Update Japan 5.1T, Germany 4.3T, India 3.6T
MOST OF US ARE A PAYCHECK AWAY FROM BEING HOMELESS, LEARN TO INVEST AND KEEP INVESTING UNTIL IT BECOMES A HABIT.
bro you forgot BOSCH
German is a rich country but the people arent rich because we have alot of taxes and insurance costs.
They are better in immigration integration then the neighbors
I'm pretty sure germany gonna overtake japan
They will because the Japanese aren't having kids and don't accept any immigrants.
GDP =/= wealth of the people. Large domestic markets usually have a high GDP, unless they live in dark ages. Germany is not rich. The state destroys most of the wealth in this country.
BWL Justus strikes again
I like germany the technology n people like kepler roentgen libniez kant many scholar from german blood mercedez audi bmw volkswagen n burkenstuck sandal love german people
Germany is not going to be number 4 for long. It may still be in the top 10, but it is not going to do well over the next few years.
Who will surpass? And even then who will have a better living standard for all their people? Dream on!
@@PeterSlazy The German leadership has done a very good of treating its citizens well, but the UK is not as dependent on exports as Germany, so it's natural for the UK to overtake Germany once more in the next few years as the global economy cools down.
@@randomstuff9322 Hhahaha, that´s funny.
wow, this was one of the funniest comments ive read so far. the uk is struggling with everything after brexit and u are talking about overtaking germany... you guys shot yourselfs in the back and dont even get it. scotland and ireland want to leave the uk and u guys are sitting there: "yes, this was a good decision it will be much better now... maybe not now, but in the future." in the future wthout scotland and ireland, with all the transport fees you have to pay for exporting and importing goods.. yes it will be much better beause... yes, because, yeah because why.. hmmmmm, because we are brits! :D
Bro please subtitle Indonesia 👀
You R italian isnt it ?
Germany about to lose its auto industry in the next decade
Germany is one of the craziest economies ever
Are you Persian ? Because Uptin is Persian name
Their strong economy was because of the Auto industry, this is changing now with the EV revolution, the leaders so far is USA and China in the EV, this will mean trouble fOR the Geramny economy in the future, as the old Auto brands struggle to make the change from ICE to EV.
In fact, every German car manufacturer already offers electric models. Your claims are not correct
@@inotoni6148 Nokia still offers a phones, but no one gonna buy them...
There is gonna be only one winner in the EV revolution, its not gonna be the German, they will hurt the most.
@@zachii4444 They are bought in Germany. In Germany, VW is the No. 1 for electric cars
Haha only rich country but many poor people who are poor and in their retirement age, they have to collect bottles to survive
First world problem. In other countries, there is no „retirement“ because the moment you stop working, there is simply no money coming in
Because they are prob stupid and didn t study or migrants
Germany rocks it! The world benefits from their work ethic and highly intelligent peoples. This video measures the output of this by measurable metrics, but the underlying answer is discipline. There is no transgender, race, police, queer, conflicts in politics. Kids don't listen to gangster rap, celebrate mental illness diversity, and there are real consequences committing crime. This is the real answer to the videos question.
I bet at least 50% of the viewers are germans checking if everything is correct😂😂
Cheap labor. They import workers from Balkan (I am from there so I know it first hand how many people are leaving) and from other parts of the world too. Germans won't work dirty jobs so yea. Also I think country for that reason is not even safe anymore. And I am not talking about terrorist just regular crime and safety issue.
Yupp the polices of the so called liberal Angela Merkel , you would see Germany changing for the worse
Crime has been on the decline for years!
Thats because u probably live in german ghetto districts where all the low income Migrants are
Us is higher by gdp per capita and gdp
True
US GDP has been artificially inflated as it mostly comprises of Americans selling each other expensive services and secondly most of its wealth is held by top 2-5% population which is of no use for general public…!
We’ll as a Migrant I must say Germans are some what racist and even tho we are the 4 larges economy not every city or person has the same amount of wealth and the schools are not all the same my degree is not the same as other degrees in other states ( Bundesländer) and a lot of other stuff so
Dieser Kommentarbereich befindet sich nun im Besitz der Bundesrepublik Deutschland.
Ja 👍 😂
Now Germany showing its Thicc-ness😂
Germany is in a change. The costs of living are getting higher and higher but we don´t get more money. Many people working their asses off but still can´t afford living. Others have to work more than 1 or 2 jobs. The middle class is basically getting wiped out at the moment. Real Estate prices are getting out of hand in many many major cities. You now basically have to spend more than 50% of your income on housing alone. After that you still need to pay your normal bills and food etc. Electricity and gas prices will drive many people into deep depts the next months.
Please do a video on Poland 🇵🇱
germany is so raggedy
They are rich but not powerful, Germany rulling class is controlled by us
Nope
Cause have you seen Germans? Why would anyone be surprised
Germany profited from very cheap Russian gas for several decades! Industry profited from this enourmsly. Thanks to UK and USA these times are gone. See northstream 1 and 2!
Germany has a good PR team, it's not a innovative powerhouse as it's PR team want you tu believe
Russian propaganda
Germany is one the least innovative countries among the developed nations , all the companies that were mentioned in the video are literally from the 20th and even 19th century
Germany has got serious refugee problem. German cities and towns are more unsafe than ever. Sometimes I feel Like I'm in the middle of a war zone in syria or iraq. This is the problem that Germans brought for themselves. No big country accepted refugees but this small country did. What kind of heroes are they? And they are utterly failing.
as a german: blablabla! - its one of the safest countries in the world. youre are just a racist, thats all.
LYNCHISTAN...😂😂
"this is the problem that Germans brought for themselves"
You mean German politicians aka wir schaffen das
@@cloud99a2 Whoever, not just Angela but people who voted for her and supported this ridiulous idea. I mean look at Germany, it's really like a migrant breeding ground. People who came here through legal process and have gone through tons of paperwork bearning excellent qualifications would feel terrible and disgusting.
@@cloud99a2 I'm all for helping war affected people but at their places not by bringing them here for no reason. It poses a great risk, threat and a challenge to loyal & legal citizens of this country.
Siements
They adopted Sanskrit Language
i love germany because of the mmetal festivals such as wacken
Most of the video is on point. But we do have a huge problem with immigration and a even more broken pension system! Probably the worst in all of Europe…
Sie-whats?
I love Germany
You mean EURO