Comments by "Immudzen" (@Immudzen) on "Why Europe’s Economy is Doing Better than You Think" video.

I am currently living and working in Germany with friends and family back in the USA. My experience is that on average people in Germany are doing better than in the USA. Affording a place to live is easier, food it cheaper, health care is more available, etc. Those tech companies have huge GDP numbers to the point whey they make up a signnificant portion of the GDP but they put very little money into the economy. Mostly it is a few people that get insanely rich. I think that is part of the problem. The wealthy in the USA are taking nearly all the gains so the super wealthy are better off but normal people are worse off.
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@Mastercane98 Taxes are only a little higher than most states once you include healthcare. I know it seems strange but I have lived in both and Germany is nicer to live in
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@12345anton6789 I would also say a lot of activities people do don't add much to GDP but do make life better. I go to the bakery with friends and have a sandwich and tea and talk for hours with friends every Sunday.
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@Vicente-en2zx Until very recently it just didn't get hot enough for that. Maybe one week out of the year would get into the 80s. Even now they are making buildings that do a better job of radiating away the heat instead of using air conditioning. It makes the builidings a little more expensive to build but it saves a LOT of power.
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@spaghettiisyummy.3623 Samsung makes real products and employs many people.
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