Comments by "Paul Aiello" (@paul1979uk2000) on "" video.

  1. As a Brit, I remember all the jokes the Brits did on the Germans, but if you look closely, it was envy of Germany being more successful. Being as a Brit myself, I don't have any problems with the Germans or Europeans, in fact, I think it was crazy that the UK left the EU, but I do know that many Brits are petty, especially on the Germans and the French, and they cover that up with jokes and humour. As for the German political and economic problems, these are very likely short term problems that the Germans will recover from, Germany after all has an impressive record through history of recovering from far worse and coming back stronger, and the problems they face today are tame in comparison. I will say that I think Germany needs to shift away from manufacturing to something else, because I think manufacturing will get taken over by A.I. and robotics, in the sense that it will be able to offer cheaper labour, be more productive and because of those two factors, manufacturing can be done much closer to the markets the goods are being sold in, meaning far fewer exports needed, because of that, I think Germany needs to start investing in other areas, high-tech seems like a logical choice as that is the future, and Germany are more than capable of being the Silicon Valley of the EU if they put in the right policies, and high-tech is one area that the EU countries are lagging behind compared to North America and Asia.
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  2. True, in fact, GDP per capita is a poor indicator of living standards, that it doesn't really tell us much about the quality of life. You do need a reasonable high GDP per capita number but it's not as important as many like to think because many other factors are involved when it comes to quality of life. You see this on YouTube all the time when people move and live in other countries that have a lower GDP per capita and yet their quality of life is higher, it's especially the case on Americans that have lived in other modern countries for over a year that have a lower GDP per capita but they feel they've got a better quality of living. I've even heard many Americans say that living in eastern EU countries offers a better quality of living then the US, which is a surprise to me because eastern EU countries are still developing and are some way to catch up to western EU countries, but it goes to show that GDP per capita numbers don't tell us much.
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