Comments by "雪 桜川" (@yuki-sakurakawa) on "Economics Explained" channel.

  1. You also have more potentials for Maos and H-tlers. 😂 Gotta take the good with the bad.
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  2. As a Japanese, I'm jealous of both.
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  3. Sounds like american uni classes (ECON 101, 201, etc) 😂
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  4. It's calculated using an average of all the tax brackets (or perhaps all the "middle" tax brackets since he mentioned that). Personally, I think the tax bracket should be combined with necessary expenses to gather the true percentage of costs to average people (eg private health insurance costs in the US which could make an average tax rate of 65%).
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  5. Glad you didn't have to pay for college and go into debt for such like they do in most of the EU...oh wait 😋
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  6. "People are indivisible..." Serial killers and psychopaths: 🥴🔪🔪🔪
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  7. Agreed. Why do even nordic model economies not hold housing in the same category of necessary free and universal Social service as education and healthcare are (in many 1st world countries)? One can die of exposure or suffer mental issues from lack of housing. There should be a national housing service.
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  8. ​@hippocleides7105 The pensioners paid into that. It's called payroll tax in many countries. The govt just chooses not to fund it properly.
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  9. 6:00 "Oh, they'll just leave? No, no. Perpetual federation. A house divided..." - Abraham Lincoln "So, it's civil war then?"
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  10. Wonder why healthcare and education are fully funded and free, but housing (another human right) is not. Sure, subsidies, but expected to pay something if not the majority out of pocket. Imagine if only subsidies for education and healthcare. Would have to pay significant amount of money to go to school/uni or see a doctor. Does anyone know why healthcare and housing are treated differently?
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  11. @seneca983  By that logic, wouldn't you need markets for education and healthcare too? There is variation in that too, just like there could be in housing. There isn't a single universal system available. Socialized (UK), single-payer (canada), dual-payer (germany), or a hybrid model.
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  12. Nice video. I would like to add this though: Comparing Kosovo and ukraine to Luxembourg and Ireland because they're in Europe would be like me comparing Cuba and Honduras to Texas and New York. Same continent ≠ same country or union. The better comparison would be with Bulgaria and Croatia since they are actually member-states of the EU. I may have misunderstood. In that case, please forgive.
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  13. Agree the us backed coups, but don't many of those countries try to enact socialist policies rather than social welfare policies?
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  14.  @BrettBaker-uk4te  So they pay no monthly deductible then? They do.
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  15. 🦃? It's not called Turkey anymore. It's Türkiye. 🙃😉
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  16. The US has free public schools as well, but are quite bad in many areas. Finland has central control, funding, and policy over but delegates execution to regional authorities. This makes the education more equal. It would cause a parental revolution against the legislators if they tried to even implement this at the state level, let alone the national level in the US.
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  17. @sampohonkala4195  I like the history. It makes sense looking at it from a historical perspective rather than a functional perspective. Thank you. Think society would start to realise that housing is becoming the new free market healthcare system back in the late 20th century (much more expensive and out of reach of many) before implementation of Universal healthcare.
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  18.  @Finkaisar  Couldn't the state get you the education and healthcare ONLY if you couldn't afford it too then?
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  19. ​ @ronald3836  John Oliver had a great video clip from the 60s. "Our new robotic slaves". Automation is the new slavery 😅
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  20. Little late, but if I may ask: If you're making, let's say $9.9 million from your YouTube videos, why would you contemplate leaving Australia if it had a 70% income tax rate on income over $10 million as it wouldnt affect you? Even if you made $10,000,100, you'd only be taxed at the 70% rate on the amount over $10 million ($100). As such, you'd pay $70 extra. Not a socialist by any means, but please remember, the social welfare system was in place partially to stave off a communist revolution in many countries. Starving and homeless people aren't just going to curl up and die. They will mobilize and fight back. The social welfare system was a necessary compromise with the govt and business to continue capitalism. Lastly, if you made it this far (sorry), do you think a 3 tiered VAT/sales tax could replace the income tax without aggravating the balance described? 0-15% for essentials (housing, food), 25-75% for average goods, and 100-200% for luxury goods? Please adjust percentages if you want (I did say replace income tax).😊
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  21. Always thought it was because finland 🇫🇮 was fully on the mainland, while Norway 🇳🇴 and Sweden 🇸🇪 were on the Scandia Peninsula. So if Sweden 🇸🇪 got rid of their monarchy, they'd get kicked off the Scandinavian list? As far as Nordic goes, it could be language or more basic: nord = North. Though, I guess that would include Canada 🇨🇦and Russia🇷🇺 then 😂
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  22. Even more beautiful if bothRussia and ukraine had joined the EU and democratized better, rather than this war.
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  23. Are local banks in the EU able to create currency the same way American banks can (i may be using the wrong terminology, but question still stands)? Can a bank in Ĉedenška, Czechia give a loan of €300,000 without having full 100% reserves, for example? If so, why can't the national central banks (or whatever still exists of them) do the same with a loan to the govt for social spending?
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  24. If I may ask, why are you using modern Israeli money for the video clips rather than the 1980s variety?
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  25. 6:55 Scandalous! That girl is wearing an Iceland 🇮🇸 shirt, not a Finland 🇫🇮 shirt. Show some patriotism! 😂
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  26. Healthcare too. Combine that in the equation for tax rates with private health insurance as is needed in the US, then the US has an average tax rate of 65%
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  27. Why are only some agencies given independence and not others? For example, why is the FCC an independent agency/commission, but the FBI are not? Why is the central bank an independent agency/commission, but not the state department?
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  28. ​@FlameG102 Always wondered why the left in some countries (the right secretly supports to lower wages domestically) wants more immigration. The left once supported stronger unions, higher pay, and nationalised social services; now they are silent or just give lip service to unions. The left (labour parties) have become the conservative parties of yesteryear.
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  29. Guess you could call it Suomi as they say 🇫🇮
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  30. More like Singarich now. 👍
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  31. Could you please do a video on why even nordic model mixed market economies don't consider housing a free and universal resource like healthcare and education? I've always wondered that. Housing is more immediate for many than medical care or education. You can die from exposure or suffer mental issues.
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  32. Canada employs a FPTP voting system rather than proportional representation. This means the Conservative or liberal party will more than likely get a majority in parliament despite only getting 22% of the vote. FPTP (used in the US too) has candidates win with 15% of the vote as long as no one else gets a higher percentage.
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  33. It usually takes a crisis to turn a confederation into a federation. And another crisis to turn a weak federation into a stronger one.
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  34. Obsolescence of goods contributes. If we had removable chips and other accessories that could be traded in for newer ones, wouldn't that be better?
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  35. Heard it's easier to start a business in sweden now than the us. And it wasn't from a raving socialist. It was from the Milton Friedman Association.
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  36. Whatever students get, adults should too. 2-3 months off a year, staggered so someone's always at the office.
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  37. @shiven Guess Germany is an authoritarian regime too with its strict laws.
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  38. Welfare kings and Queens. They leech off their families and contribute little, if any, draining their families' economy. Further, families and state funds are redirected towards their education and away from other uses. 😂
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  39. Always wondered why the left in some countries (the right secretly supports to lower wages domestically) wants more immigration. The left once supported stronger unions, higher pay, and nationalised social services; now they are silent or just give lip service to unions. The left (labour parties) have become the conservative parties of yesteryear.
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  40. Hopefully without a shays rebellion (1780s—precursor to changing the confederation into a federation) or the civil war (1860s—making a weak federation into a stronger federation).
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  41. @op400exe Not tagging correctly. The above comment was for you
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  42. @op4000exe Had to manually type this.
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  43. What do you think about replacing the income tax entirely with a maximum wage (and benefits equating) that mirrors the minimum wage? Why have a min but no max? Conversely, what do you think of replacing minimum wage with a negative income tax?
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  44. Does anybody have an opinion on changing the entire debt-based system? I don't mean with communism or anything. I mean, debt is replaced with equity. If you want to buy a home, you don't ask for a bank loan. Instead, the bank invests a percentage in your family (let's say 20%). You could buy back your equity or continue to pay agreed upon dividend annually (essentially a mortgage).
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  45. ​@joesterling4299 Little late, but a simple equation could be used by most people instead of the bracket system to achieve what you're referring to. Remember though, tax companies lobby congress and would hardly want to lobby themselves out of money.
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  46. What do you think about replacing the income tax entirely with a maximum wage (and benefits equating) that mirrors the minimum wage? Why have a min but no max? Conversely, what do you think of replacing minimum wage with a negative income tax?
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  47. 10:52 Who is this guy? That doesn't look like the new prime minister.
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