American reacts to The German Economy Explained

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[arnodobler]

"I don't pay good wages because I have a lot of money, I have a lot of money because I pay good wages. " Robert Bosch 1861-1942 Company founded in 1886

[kaisander]

Taxes only feel low when you get something in return that makes em feel worth it. Imagine you guys would get free education, like we do here.... then your taxes would feel much better i guess

[Slippy]

Free education, universal healthcare, 30 days paid holidays a year, "Arbeitslosengeld" (if you get unemployed, you still get 60% of your former salary for a year), the state pays retraining if your work of field does not have enough free workplaces, cheap groceries (even if it got more expensive, it is still low in comparsion) and great infrastructure (public transportation, roads, mains supply). I am happy to live in Germany and i would not go to live anywhere else, sure we got our problems, but overall we are pretty lucky!

[spyki]

The German economy is actually quite good. If only the people weren't so negative. If you ask around, you can quickly get the feeling that we will be at the same level as Tanzania tomorrow.

[ThereWasATime]

Taxes for companies are not the same as for us citizens! If they speak about low taxes, they usually mean for companies. Lowering taxes for companies can even mean increasing taxes for the citizens.

[kohlenstoffeinheit]

Good education makes a good economy. Low education makes a lot of soldiers.

[AdamMPick]

Those numbers are in (us) trillion.
US average tax burden is 30%, Germany 37%, OECD is 25%.
The Bosch logo is a double-t armature out of an electic rotor. They made it after their old logo was taken from them after the first world war.
They are very special to the german economy, because Bosch is a for profit charitable organization. 94% of it is owned by the Robert Bosch Stiftung, which is a charity. They are supposed to make money, so the money can be spent to do good things. Their main measurment of how well they are doing is "how many people work for us".
Stability trough innovation is how the german economy works and Bosch is probably the best example of it. They invest heavy in new inventions, hold loads of patents, but reinvest in people, too.

[neilfazackerley]

A weakness in Germany is the lack of digitalisation also a lack of affordable housing. It slows growth and processes. However, the good things in Germany outweigh the issues. Strengths include social programmes, the health system, free education, research, the large number of middle size companies, good industrial relations, the good roads (Railways too, though struggling at the moment). Some Germans are moaning about stuff too much.

[ulrichhaepp]

The Bosch loge is a schematic electric motor. A coil of copper wires around an iron hammer to rotate in a round housing.

[arnodobler]

Taxes. By way of comparison, social security contributions (pension insurance, unemployment insurance, health insurance, long-term care insurance) are included in Germany.

[arnodobler]

3:39 this picture is from my neighborhood: Haltnau between Meersburg and Hagnau on Lake Constance.❤

[DanielAusMV-opmi]

Thank you Ryan i think your videos are always so informative and a great benefit to humankind ❤❤❤❤

Quick Side note, the Dalai Lama says compassion solves every human-made problem and leads to lasting happiness. I personally am still figuring it out with the happiness thing and i encourage you experiment too with it, stay awesome ! ❤❤❤❤

[emiliajojo]

He's wrong about Norway, it was already rich prior to oil.just not the richest.

[SvenReinck]

From what I know corruption isn‘t a big problem in Germany. At least not as bad as in some other european countries.

[McGhinch]

4:10 [China] "they produce so many goods"??? The more I have first and second hand experience with Chinese products I dare to say that they produce "goods" is over exaggerated.

[sandrogattorno]

The bosh logo is simple the rotative part of an elettric engine. Is the schematizations wastly used in elettric bluprint.

[-Alemann]

The Bosh logo is an electric engine and Tesla by the way uses a cut out of an electric engine as their logo.

[RSProduxx]

2:55 that´d be correct. we overtook Japan last year.

[mickypescatore]

Hi, Ryan! We Germans are usually not really proud. We always show pride somehow cautiously. Many people are also more concerned with the things that are NOT good and that are not going well. Typical! I think Bavaria (and southern Germany in general) is prouder than the rest.
Ultimately, things are becoming more and more un-German here, and almost everything is now made in China. If not the whole thing, then parts of it.

I've heard recently that Miele's traditional washing machine production is already being partially outsourced (to Poland) and employees are afraid that complete production could stop here at some point (soon). And this is just an example!

[aapmens]

Rhineland Model we call it here in Holland, Bismarck thought it up, in between beating the Danes 1864, Austrians 1866 and French 1870. We were very lucky to escape his plans/clutches. He probably didn't want to provoke the Brits.