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A very nice shirt-tie-jacket ensemble mon frere.
He gives AfD vibe to me. Am I wrong?
Greater Germania is a Wall Street Capture. Everyone involved is Happy. And they Love the same, Think the same. NEXT StEP: Amerikan CapTure of UkraInE, on all levels. It started in 1990, I was there. The greater Germania is the Pax Ukrania, pax American feces Project. Zillions are at stake. Mostly your childrens'.
Really dumb video.<br>How can you discuss this issue and not touch on how Germany shot themselves in the foot here by pursuing the Chinese market via JV's? This is a core part of the story
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=900">15:00</a> "It's the same reason I ignore people telling me to tie a Windsor knot.. totally unacceptable!. It is not up for discussion. It's a matter of basic standards!"
Germany discovered what the UK has been struggling with. Rail systems that take decades to build, Nuclear power plants that cost $60 billion and are not even operational. On the plus side, they will actually be working eventually. Germany might not even do that.
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=710">11:50</a>, alright, now compare average hours worked per year.<br><br>You know, the number that actually matters?
Europeans are gonna European. Complete joke of a society now
Germany hasn’t done anything good since last century
Times are a changing
Well, at least it's Germany, so we don't need to worry about them doing anything drastic, like electing charismatic leaders and trying to take over the world or anything.
They stopped long time ago
the thing is the german economic elite knew all that since 2011-2012. they have sold out their countrymen for profits. they had the chance to seriously innovate back then but chose not to because its too expensive for them. now they are in talks with chinese companys to sell them german factories, its truly disgraceful. that change was felt by the people so now we have things like the AFD.
I just cycled through Germany for two weeks and I was shocked by the quality of the roads.
Germany has become a microcosm of Europe as a whole. Directionless, ineffective, unable to deal with the realities of world. Basically a leftist echo chamber of bad ideas and even worse implementation.
Seriously, “the honest answer” and “lands” and “it’s not x it’s y” is getting dropped so much. The ideas are great but the Claude slop is brutal
Don’t worry all those doctors and engineers that they imported from the Middle East & Africa will fix it 😂
A debt ratio of 60% of GDP is still huge. The harsh truth is that you can afford infrastructure, a military, and a welfare state, but not all thee at once.
The failure of central planning, the welfare state and money printing
you're missing where they spent billions on migrants instead of fixing the infrastructure. you say they were frugal but they weren't they were merely spending money on non citizens instead of giving a damn about their citizens.
actually laughed out loud at the "im never wrong" section
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=900">15:00</a>
Love your tie and pocket square. Classy. Love from 🇺🇸
Man, that is one sharp suit - where did you buy that?
Probably best to just stop taxing everyone and let the market sort the ideas.
Employment rate seems like the wrong metric for countering the "lazy european" stigma--does it take into account days or hours worked per year? Sure, everyone could be fully employed, but if working hours for FTE are a fraction of their American counterparts, then it doesn't negate the claim.
AI Scripts?
Sounds like another Soros revolution.
u cant touch completly chaos here ;)but wasnt bad ;)
volkswagen leaving now, maybe warindustry can hold fabrics i think not, basf bulded 2nd place in china too. looks like the all wanne leav now. its simple taxtaxtax and best joke is "übergewinnsteuer" guys dont use that.<br>it is a simple call for all investors: u pay for sucess here if u get more cash ....and u pay more tax higher tax if u be rly sucessfully ;))))) its a shame<br>this isnt working mindset
they sold kuka to china ;)
Germany has crippled itself by not allowing to spend money. Merz did everything right, now Germany can rise again!
My money is on the next video being about France
Germany also closed their nuclear power plants because of the predominant anti-science sentiment. Now they run highly subsidised electricity grid and sobatages the larger European energy system. So, it's kind of not surprising they would be at this situation.
What a line..."being the world leader, it seems, can be a lagging indicator". I enjoy how you casually drop these into the conversation. The wry humor is a bonus!
Just to say: Merz leck eier!
I feel this kind of “moonshot investing” is the result of wealth concentration. Venture capital is the result of folks with “money to burn” and the expectation of 100:1 returns. The insidious part happens when you have generations of folks who live in a bubble (Silicon Valley) trying more and more ridiculous things, encouraged by the fact that that “it worked before”. The answer, of course, is reducing wealth concentration.
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=300">5:00</a> I dont know about the "mandate". The removal of the Schuldenbremse aka "debtbrake" was done by a parliament that at that time had already been voted out. Yet it was passed through collusion of parts of the ruling coalition and the oppositon. <br>On paper and, at least I havent heard anything to the contrary from the courts, they had the legitimacy to do this, but if you were to go by what the souvereign wanted, they did not. According to polls at the time 55% of the voters wanted a reform of the debtbrake. That is far from the necessary 2/3 majority to change the articles of Germanys de facto constitution. Yet it was done anyways and by doing this, the coalition that had been voted out dicated fiscal terms to whatever cabinet and coalition that would be formed after. Alas, here we are.
We have a million rejected asylum applicants in our country, could be a reason.
Allegedly the third biggest economy in the entire f-ing world, but yet us young folks are on the edge of poverty, infrastructure is crumbling, and we're being told that we <b>still</b> don't work (hard) enough.<br>And our bureocracy is basically weapons-grade at this point.<br>It's mad, completely and utterly mad, wihout any sense or reason, and I'll soon be jumping ship if things don't improve.
Merkel and Schauble. That's why. Those quasifascists and their cronies are what derailed the EU
You have a wonderfully dry sense of humor.
Great video Patrick! Love your videos, however, I do have a few suggestions:<br><br>1. Have you ever considered switching up your thumbnails to have a light background, with low contrast, where you look directly at the camera, mouth agaped, with a shocked expression? I've seen a lot of very successful, highly respectable youtubers (Mr Beast, Dhar Mann, PewDiePie) do this and it seems to work for them. A new font to switch it up might be a good idea as well.<br>2. Have you ever considered a double windsor knot instead of the standard tie? Just a suggestion...<br><br>Thanks and keep up the great work!
Thank you for your sympathetic view on Germany. My pesonal view is that this countrie`s technical and bureaucratic systems have become so complicated that we do not know any more how to run it.
It is an interesting topic indeed and a verz good summarz of what happend. Cannot criticise any of that.<br>But I almost fell asleep because of the laboured presentation with emphasis predictably on the last word of each sentence.
He's trying to argue that Germany should copy the American economic model. Our model only survives because of our military we are an empire. When he's talking about software he's acting like the companies that put out garbage that fails are the norm and are successful they are not. China isn't becoming a world power in c&c machinery because of brilliance. They are doing it because they have the world's largest market and don't allow competition.. will that and be a tyranny with incredibly low wages at standard of living. And is arguing that running a massive trade surplus it's bad. When doing that created most of the world's great powers including Great Britain and the United States <br><br>He's trying to argue that Germany should hyper financialize like the US , Marion self in debt and outsource its manufacturing. You know the thing that has America in a state of near revolution <br><br>And he does it all with anecdotal data. This is the neoliberal supply-side version of Atlas shrugged<br><br><br>And the last part of his argument literally contradicts the first part of the video
oh gee oh wow if only someone had predicted all of this 20 years ago
The elephant in the room is the replacement of Germans with non Germans.
Problem we cannot do a lot about knowledge drain down is "unumkehrbar"
Basically the Left screwed Germany like the every country they govern
Renewables screwed Germanys industry and Russian gas was a stupid idea...Trump warned them and they laughed....fools shut down their nuke plants like clueless leftards
2013 the internet was new??? Damn, if that’s their mentality, they screwed.
Training pipeline and after that small prompt training. That should do the trick.<br><br>The key is "Kommunikation" between.
Speculative investment can work providing the backers take a portfolio approach.<br><br>Also - New Thumbnail advice: Wigs. Big colorful clown wigs!
Just yelled out “Thank you!” to the Windsor knot diss. God bless you, even if everyone around me thinks I’m whacko now.
Off that money
I moved to Berlin 3 years ago. The tax system discourages people from working more hours. More hours for little incentive while the 1-working Parent household with 3 children benefit. Come here and notice who is out in public pushing their babystroller with 2 more children during the day while everyone else is working....<br><br>I am a migrant and there needs to be MASSIVE deportations in DE/Berlin.
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=1388">23:08</a> – This could also perfectly describe Japan's attachment to fax machines (and why the government only recently managed to stop using floppy disks).
The problem with Germany are the people! In general, the majority of people are scared of the Internet as they cannot see or feel it. Data security is far more important than anything else. As you mentioned, Germans can build software that is great in managing a hardware but is useless from a UX perspective. The very bad part is that it will never change. My brothers wife still uses a smartphone that is about 10 years old and a laptop that is older than that as a school teacher. She refuses to use any social media or anything in that regard. I remember, over 10 years ago, I built an App so that people who are somewhat in proximity can help each other if needed without being in a friends circle. However, I did not even get my friends to install it and help testing it as they were concerned about data security. While I think that the dual school and workplace training is the best in the world, it also "creates" these people that are very hard to change. Germans do not like change, period. Even if they see that there is an issue, they will much rather go down in a sinking ship than admitting the failure and switch gears to change how things are done. For most Germans, a 2-3 mBit Internet speed is enough, because we do not need more. They never understood that it is not about the speed, but if you put a limit on it, the whole country will limit itself and slow down. There are so many things in Germany that are strange, like the "Gesundheitskarte". An amazing piece of technology, to have all the information needed when going to a doctor or pharmacy on a chip of a credit card sized card with individual access levels. Germany has spent Billions of Euros into it, only that the people refuse to use it as it might not be a Gazillion times safe to make sure nobody else gets the data. Or, go to Google maps and check out Street view and you will see that there are many houses that are blurred out as Germans are scared of the security violation that might be happening, not understanding that anybody can walk by and take a picture of that exact same house. Even stranger, the fact that there are names on mailboxes and door bells, in a country where data security is the highest and most important.<br>The problem is much deeper than anybody might think and if Germany, the youth will not change, Germany will have a huge problem in the future and with older East Germans now getting more power, it will actually go backwards. It was great as long as it worked, but Germany has not understood that times have changed and that it's people have to change with it. Germans much rather blame everybody else but never admit that they are stuck in the past.
You gave employment statistics comparing USA and Germany, and used that to claim it's not the lazy Germans that is the problem. What this statistic doesn't take into account is the productivity of the worker and how much a worker costs. I can't believe that Germany is more productive when a typical German works less hours per week, has more PTO time, has more opportunities for sick leave, the labor unions and different work stoppages because of them etc. So I was completely unconvinced...
Maybe I'm just seeing it everywhere, but phrases like "It's what makes the comparison land" totally sound like Claude.
It’s run by the left, look at any country run by them and how they’re performing
Splitting a bigger contract into smaller lots: The actual reason is far less noble depending on who you ask.
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=282">4:42</a> I have to disagree here. Wanting to spend money that you don't have without cutting the massive welfare state, leading to endless borrowing without ever being able to pay the debt is the exact problem that's been destroying the UK, USA and France. German monetary conservatism, if you can call it that, is what afforded the nation to spend on welfare until the demographics started to make that harder every year.
they killed nuclear overnight
<a href="https://www.youtube.com/watch?v=ajH6YVhdOZU&t=910">15:10</a> ball knowledge
I think germany's more cautious approach would have been fine, if they had kept spending continuously. The problem really is, that they are trying to catch up on the investments they should have made yesterday, with a system that will deliver it the day after tomorrow.
The spending constipation in Germany does affect Germans' income and living standards. The foolish US billionaires who are chasing the wind, or the Moon, don't impede US growth or living standards. My life didn't change one bit when the .com bubble burst. Or, when the mortgage market tanked in 2008. I kept working, producing, saving and investing. Some did lose homes, etc., but 4 years later the US economy recovered. Mal-investment is real but it's probably not as bad to a large economy as not fixing roads due to what, in the end, "consensus."?
the entire video is a strawman. Germany's fall (from a position entirely built on a massive manufacturing capability) is NOT a counter-argument to bringing manufacturing home (what the USA is doing). <br><br>USA has exported nearly <b>all</b> of its manufacturing. A country should have <b>some</b> self reliance. There's a chasm between a) being totally offshored and b) Germany. The USA wants to move away from the a) position. There is <b>no</b> risk for it ending up like Germany.
Germany always shoots itself on the foot. Never learns from history nor mistakes.
Please don't do the open mouth AI thumbnail, it might make me cry
Oh he went and got the fax machine😂😂😂
The open mouth AI thumbnails are very usefull because I know which channels I can unsubscribe.
Unemployment, left and right wing bickering, efforts to improve relations with a strange but firm russian leader, focus on the "main cause" (read foreigners) and one political party with a firm "german identity" that makes promises to fix it all and has a landslide victory with the elections. I've seen this movie before. When Hugo Boss stock rises you should buy a one way ticket to Australia.
Europe can have a higher employment rate than the US and still be work shy layabouts. Theyre just being lazy on the boss's dime.
WE stoped because IT doesnt Play anymore ,why Work when you get Money gifted and our Schmerz IS the worse cancelor even worse than i forgot Scholz
Yeah, I could have told Germany that letting the Govt rack up the national debt doesn't solve shit. Politicians are idiots. Of course theyre going to flush money down the drain.
I very much enjoy listening to Patrick as well as Jimmy Carr, Dave Chappelle, and Dr.Russell Razzaque, they keep my day well rounded. 🇨🇦
Germany is a bellwether of bureaucratic stagnation and institutional paralysis. We’ve seen it in the US with the endless march of enshitification and the Democrats screaming against changing broken, inefficient or ineffective systems. It’s what you get when the process exists to serve the process. Give it a few decades and we’ll resemble Vogons more than humans.
It's an insane funhouse mirror world where the cheapskate goes under while the indebted gambler prospers
Thanks Merkel
Britain has spent the money and got nothing to show for it, it's all gone on back handers to MP's friends
So correct.<br>A Windsor knot is incredibly terrible.
Money is already gone. It’s just “there on paper”
I need to get a Hasan bingo card. <br><br>He is getting predictable.
Could you add french multi-audio track dubbing? I think you have to toggle it on your end on your account, but it would be really appreciated. I understand that it is an AI tool, but it is really important for accessibility. Thank you!
I worked for a German company in medtech. Speed was a huge issue for us. By the time we came out with a new product, it was almost always the best. But it came out 5 years later than it needed to. It was already old news
90% of the Fund for infrastructure was wrongly appropriated
I'm glad for them. They deserve their nonsense.
AHAHAHAH WORKSHY LMAO
EU EU EU ? You have another vast layer that you have to pay for and this vast new layer must justify itself ? More decision makers does not necessarily make better decisions 🤷♂️
Where the people who built the V2 rocket and Enigma machine go?
Why would you think you have borrowing room when your at 60% of GDP and you could go to 100% or 120% of GDP like everyone one else. That's just a path to bankruptcy and collapse.
the dry wit humor on consensus made my day
Its because german government couldnt work without the debt break. Germany isnt giving up on social spending and if they dont do that they cant spent on sensible things
The environment is not the problem. Refusing to solve environmental problems is the problem. Dumping heavy metals or wiping out rare species is not clever or wise. Solutions make life better and open up new industries.
Patrick, you keep being you, not what other people want you to be. It's one of the reasons I like you 😊
No stereotypes has been harmed.
So basically the infrastructure has an invisible debt but the country was artificially without a debt. This is always how conservatives end up. And regular people have to take a more debt than the government with way higher interest rates. It’s good for the rich, bad for regular folks.
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