France vs UK - Who Faces The Biggest Economic Problems?

[@economicshelp]

Video on Global channel - Why Brexit made Frexit less Likely kzbin.info/www/bejne/bJ62hJiBbMxmkLM

[@user-kc1tf7zm3b]

8:25 *Roquefavour Aqueduct* 🇫🇷 🇪🇺 Largest stone aqueduct in the world which stands 83 metres high and runs 375 metres long. Skirts just outside of the western edge of Aix-en-Provence, Bouches-du-Rhône.

[@MN-vz8qm]

Being French I am proud to see that we continue our tradition of competing with the UK, this time for the "biggest looser" award.

[@CM73878]

@@MN-vz8qm but Germany beat us both

[@shikharsrivastava3558]

@@CM73878 you sure about that ?

[@kevinsyd2012]

We never forget Agincourt and Waterloo 🤣

[@Just4Growers]

C’est “loser.”

[@CM73878]

@@shikharsrivastava3558 Absolutely. Germany is in a terrible economic state.

[@nmm2177]

I have lived in both, and to me France main advantage is the housing supply is much better quality. We got rid of much old low quality buildings and replaced them with higher density buildings who are much better insulated and easier to heat and maintain. This does have a big impact on your quality of life. Also fresh food is more plentiful, cheaper and again better quality.

[@InvestgoldUK]

I think you are onto something with food quality, but...the EU has a lot of power over french farmers and I believe they will wield it even more to implement the agenda. I remember a time when it was all British apples and pears, British meat and British milk

[@iuva2]

The British have better beer, instead of fresh food

[@papatango5085]

It s only about climate. Many humidity in UK , more wet in France

[@papatango5085]

​@@iuva2not really belgian beer is better

[@artiz91]

Actually, Im British by the way and I've checked we're ranking better in quality of food available immediately of the standard grocery shop, however we do not have an abundance of open-air markets that you may enjoy in France so yes perhaps it's a matter of the regiment and mode of your shopping routine.

[@erongi233]

In 2021, France's output per hour worked was higher than the UK's by around 15%. That is a major difference. And France has a comparative advantage in train and aircraft and rockets building .Airbus is mainly France and they are beating the US at their own game.A huge and enviable success.

[@Garcwyn]

@@erongi233 🤫you are going to irritate loads of people in this chat

[@erongi233]

@@Garcwyn are you under treatment?

[@user-jj9eh9vf7u]

In France employment costs are very high, so only the higher productive jobs are viable. It both means there is more unemployment but the employment there is tends to be of somewhat higher productivity.

[@erongi233]

@@user-jj9eh9vf7u to offset that benefits are high in France by many European standards. France spends much more on social programmes than the UK.

[@BStrapper]

@@Garcwyn 🤣😂🤣😂😉

[@xcchrist8161]

I don't know about GDP but quality of life in France is better than UK.. especially when it comes to poor-medium class people.. When you're rich all countries are great..

[@KingOFFLINE]

Great, France and UK even compete on who got it worse 🙄

[@user-gr3uv7wy9f]

😂 isn't it amazing?

[@SoftJellauw]

thats the mentality !!!!!!!

[@Raja-dv8bs]

😅😅😅

[@TheDolyy]

Both will be Islamic Republic very soon so it doesn't rlly matters

[@SoftJellauw]

@@TheDolyy why you saying this? i live in the most muslimed area in france (seine saint denis aka the poorest region in metropolitan france) and i still feel very much in france

[@ArchieJohnson5h]

The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserve. Thank you Leah Foster Alderman, imagine investing $1.5k and receiving $6.5k in 4 days.

[@AdamWright8fool]

That woman totally changed my life for good. I have come across individuals but none is as honest as Leah. So surprised you know her too.

[@FreestyleJameZ]

I've seen different people talking about this Leah, she must be very amazing for people to talk this good about her

[@FreestyleJameZ]

Please I'm new to this, how can I get her assistance?

[@AdamWright8fool]

Leah Foster Alderman. You'll definitely find out more if you look her up online

[@ArchieJohnson5h]

Exactly that's her name, look her up with the name above!

[@Dexduzdiz]

The French own the biggest energy provider in the UK. That sums up all you need to know.

[@michaellucas4873]

The UKs largest energy provider is British Gas, which as the name suggests, is British.

[@Dexduzdiz]

@@michaellucas4873 you can gaslight yourself all you want buddy

[@Dexduzdiz]

@@michaellucas4873 ok try this on for size, out of the big 6 energy suppliers 4 of them are subsidiaries of European owned corporations.

[@geemo4284]

@@Dexduzdiz, very droll, but British Gas is actually a much bigger supplier of energy than EDF in the UK, as are Octopus, Eon Next and Ovo

[@michaellucas4873]

@@Dexduzdiz Hilarious, but the original comment was nonsense.

[@idonthavealoginname]

I'm a Brit who has lived in southern France for 3 years and its miles ahead of the UK, thriving towns and villages ,lots of independent shops without endless charity shops and foreign barbers.No anti social behaviour and no chavs . The difference is night and day and I'm embarrassed when I come home as the UK is such a dump.

[@1292liam]

I love France and the UK.

[@jinmail3294]

It's so timely. This morning I talked about the same issue with my 13 years old daughter. I'm a Japanese who's married with a German woman and living in Germany.

[@UnimportantAcc]

気になるけど、ドイツは安全だと感じる？

[@minsapint8007]

@@UnimportantAcc This is not the same thing but I (Scottish) was in Germany a couple of months ago for a nephew's wedding. The Germans that I met, particularly the hotel staff, were superbly helpful. I definitely felt safe in Germany.

[@r3m1]

"Who cares about GDP if you can sit in a nice French cafe" 😂 Funny, and true

[@papatango5085]

Same thing as Greece and Portugal. Bad GDP but good life

[@jefromaxx9870]

Un peu réducteur, toutefois...

[@zaydalaoui9397]

@@papatango5085 Greece and portugal are not "good life". People work crazy hours for low wage and can't afford housing due to foreigners buying at a high price and raising the prices.

[@Chinook-tj9bv]

While both UK and France have similarly experienced a significant rise in debt loads, their respective leaders don't appear to have any problem coughing up Godzillions of $$$ for their military industrial complexes and donations to Ukraine, and, at the same time, telling their respective public members (voters) that their are no $$$ for wages, infrastructure, etc. This is the same ploy that is being played out elsewhere.

[@marylineflauw5659]

Ce n' est pas une réalité. Ces gouvernements donnent et promettent avec l' endettement de leurs états Respectifs. Ces états sont en faillite.

[@teelo523]

This is the result of the left. Anywhere the left rule in the west society falls. You can say the tories have been in charge but they are more left than right. Labour have just taken over and they are very similar in many ways

[@JosephMcEntee99]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@debroahmorrow5919]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@leonardives1991]

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[@patricia_nura3378]

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[@leonardives1991]

Jennafer Beaver Turner is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment

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[@hungo7720]

France does have a niche economy contingent upon the luxury and leisure industries. On top of that, France is a crucial and focal meber state of the EU- the largest trading bloc ever in history. The UK on the other hand, has been mired in austerity measures following the financial crash. Brexit just worsens the already creaking economy of the UK.

[@marumaru6084]

Ah more of the Brexit rubbish, if the EU was doing so well France would be soaring but of course it isnt and Brexit is not the problem.

[@stephfoxwell4620]

@@hungo7720 So France doesn't build Cars, Ships, Trains, Planes, Washing machines etc.

[@jamiearmstrong3487]

Austerity is a convenient line to cover incompetence. People complained that government spending decreased, but instead it increased. The real issue is not trying to tackle the rise in prices, be that for the NHS (which budget continued to grow during 'austerity' and after,) to defence procurement. And new projects, such as HS2 was a one-man ego trip, which ballooned and produced results lower than the 12 minutes it was projected to save, whilst pot holes and rail were neglected - look at Tory-Sussex. Many other reasons.

[@JoeWilliams-bp5nm]

The UK grew faster outside the single market than it did inside, if you look at the data, although the peaks and troughs were slightly less extreme whilst in the single market. It's hard to compare 2024 with pre 1993, but obviously there's more to it than simply the EU or the single market. There's also a point to make that /if/ the single market was good for the UK economy it kept it in a beta state, allowing the structural problems be ignored as we were doing "well enough". After Brexit, there's no one to blame, and it definitely has highlighted in ever more detail the problems the UK has and they will hopefully be dealt with. The problems the UK faces are numerous, brexit being only one and definitely not the most important.

[@youtubewatcher2]

@@JoeWilliams-bp5nm which growth metric and what timeline for the data?

[@hughbasham4389]

There is another major economic drag that both France and the UK have suffered from which is the huge level of immigration from outside the eu.

[@71kimg]

France is the only EU member with nukes - pro-Ukraine block of Scandinavia/baltic/poland etc will try to get closer ties/integration with France - and France will hence be a slightly better candidate for strategic foreign investments.

[@bellezayverdad]

And those nukes are 100% indigenous technology. UK nuclear weapons depend on the US.

[@papatango5085]

USA Can t lose France , if France leave , Deutschland and Others will be in trouble

[@user-jj9eh9vf7u]

The lower density is sometimes quoted as a weakness in France. As in, it's more expensive to distribute the same services to a more dispersed population.

[@JohnnyinMN]

Yeah, tell that to the U.S. Are you kidding me? My State is as large as the entire UK and we have no issues.

[@sirgo0se97]

@@JohnnyinMNthe US has many, many issues lol

[@lucaj8131]

@@JohnnyinMN I doubt that

[@Nobumblegumforyou]

Housing (UK) is a major cost and drag on a magnitude far greater than transportation of freight. Freight also gets caught up in traffic more in the UK..

[@Nick-io9uk]

It's not exactly Siberia, is it?

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[@SimplotElbie]

Thanks to my co-worker (Carson ) who suggested Ms Christy Fiore

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[@IbrahimFilipe]

She's a licensed broker here in the states🇺🇸 and finance advisor.

[@JulienTchotcho]

I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of KZbin videos about it but I still find it hard to understand

[@user-ug8wx5er1w]

We’re both absolutely screwed.

[@lacommission.-sitcom696]

There is a "Why everybody is leaving..." video for every possible country on KZbin!

[@StormGuy.Productions]

uk is not screwed, EU is imploding on its self and france will go down with it

[@ddrid854]

France much better : high quality of living and strong manufacturing industry , UK GDP is artificially doped by London

[@gerhard7323]

London definitely warps the UK economy. The bigger and more powerful its vortex gets the more wealth and public/private investment it sucks in, often at the enduring expense of other regions. Perhaps better to have it than not have it all of course, but it is symptomatic of the wider ingrained wealth inequalities born of long established policy across the UK.

[@jamiearmstrong3487]

Also around areas such as NHS, Government spending floats out GDP, whilst per capita it falls. Total scheme, not to mention quontative easing and an self-controlled bank.

[@gerhard7323]

Sadly my comment has disappeared. Bit weird. Fact based and not controversial.

[@user-nz8tz1vq2f]

"Artificially doped"? As if London doesn't actually exist?

[@oo--7714]

Bro is acting as if paris isn't the same 😂

[@fern8580]

Even if the" right" lost the election, it is a firm warning: Algerians, Moroccans, Tunisians are no longer welcome in France: after having welcomed 6,000,000 North Africans between 1960 and 2024, after having been disappointed by their collectives attitudes, the French only want immigration of Europeans. Here is the answer: there are three groups elected to Parliament. The 3 chiefs of staff of the 3 parties will make alliance offers and propose one leader(prime minister). In Germany this lasted 8 months! This will give the French breathing room, because few laws will be passed in the meantime. This will make civil servants happy because the continuity of the State is assured, and so are taxes.

[@roops2939]

France and the UK can't be compared with each other. France is way ahead. It has a far superior infrastructure, infrastructure the UK can ill afford. France invested in France while the UK stayed in the 20th century. Simply visit the 2 countries and it will be made evident. When the UK comes to the level of the level of French infrastructure then we are on equal terms.

[@user-tz8kp1vi9v]

France and the United Kingdom have been rivals for centuries, this emulation is excellent for the development of these two countries.

[@larslarsen5414]

He did not answer the question?

[@ryandanngetich2524]

He never answers just talks a lot of BS

[@nicolasmoniqueeliadis5233]

One main fact that should not be underestimated is that France has won 2 World cups and 2 euros 😂

[@photoman3579]

French Gold reserves are huge....

[@papatango5085]

Why UK has little gold ?

[@jean-jacquesgentric2090]

Congratulations, my dear Tejvan (is your first name a derivative of the Irish name Keyvan?), on your clarity and objectivity. Of course, not all your assertions meet with my total approval, but your obvious efforts to maintain a good deal of neutrality in your judgements and conclusions are highly commendable. So I've decided to subscribe to your blog to keep up with your work. I wish you all the best for the future and keep up the good work... You have my esteem.

[@pearl1606]

The French (up until only recently) really knew how to think long term economically and plan. Given that Britain's (remedial) elite are unable to think at all is perhaps a disadvantage.

[@Test_Card_Tom]

Both countries are trillions of pounds in debt - who cares which is slightly worse off than the other? It's how well their respective governments look after their people that matters. The quality of their health service, the pensions they pay, the salaries they receive, the rents they pay, the cost of travelling on their public transport, the cost of their food etc.

[@janebufton1960]

Cost of living and homelessness isn't just the UK problem. This seems ro be global. The poorer countries is hit the hardest

[@StormGuy.Productions]

uk has a higher gdp per capita, not france. 43k for france and 51k for uk

[@elendor3428]

Thanks for these videos. Decided to understand economics this year and these videos are very good!

[@Joker-yw9hl]

I'd rather be the UK than France, but a strong argument can be made in favour of France. On a European level, the future of both looks quite optimistic actually, despite the negative press

[@JoeWilliams-bp5nm]

let's face it, both countries are pretty good to live in outside of the inner cities/ banlieues. After being top nations for so long, they can't help but decline, so it's not the disaster that it may appear to be

[@BrunoHeggli-zp3nl]

All of europe has a great Future compared with the Rest of the world!

[@patricksweeney5308]

@@JoeWilliams-bp5nm Uncontrolled immigration is the biggest problem in both countries as in most of Western Europe.

[@marylineflauw5659]

​@@patricksweeney5308oui la France est malade de son immigration africaine et musulmane. France 3100 milliards de dette en euros Situation catastrophique.

[@stephfoxwell4620]

France is now above 10% muslim. That means huge social problems.

[@jonathanlake6053]

And they think that they can keep exporting the issue to the UK without repercussions.

[@marumaru6084]

@@jonathanlake6053 Jess Phillips totally supports this move.

[@jillhargrave-george4510]

Well France and UK relied on the Dublin Agreement before Brexit..now The French just take the cash and offload the problem..!

[@shabbos-goy9407]

France and the U.K. are finished

[@Just_another_Euro_dude]

France got 5,5 million Muslims and UK got 4,5 million Muslims according to the official data. Soon there will be more Muslims in the UK than Scots. France and UK got a minimum of 10 million Muslims combined. Which could be maybe even 15 million in reality. If you think that only France got such problems then you need to wake up. There's a minimum of 44 million Muslims in Europe as a whole, including Russia. There's almost a Spain of Muslims in Europe and most of them were imported in the last few decades and it goes on even faster than before. Meaning in a generation there will be 100 million Muslims in Europe, bigger population than any country of the EU, including the Germany, all thanks to the visionary leftists and centrists.

[@prphd555]

What’s bad about a French left win? Stability didn’t help uk conservative rule

[@prphd555]

So I looked at some of their claims. One problem I guess and we differ points on is how much retirement age can change

[@wussrestbrook1200]

Left economics is magic as in delusional

[@papatango5085]

Communism never be great in business

[@maximiliansonnenfeld8651]

not comparable at all, as the inequality in the uk is ridiculous. infrastructure, industry, manufacturing, productivity, better welfare system etc. the UK is at least one class below France

[@ryandanngetich2524]

Thats a cap, inequality alone doesnt dictate conditions, look at the US, The UK is leaving France at a margin

[@Andy-ix2ox]

The biggest problem that the new government in the UK face is that the debt to gdp ratio is 200 percent which means that they have limited power to make investments in the infrastructure of the country which is probably the most efficient way to get the economy growing. They also need to make enormous changes to planning law or the possibility of outside investment is remote. They need to make building possible by changing their green belt areas and limiting the ability of people to object to developments to try to make the building of new housing a more efficient and attractive proposition , an increase in supply would make housing more affordable for the general population and the knock on effect would leave people with more spending power to drive on the economy. Unpopular decisions have to be made and any delay in making them will lead to further economic stagnation and the need to increase taxes just to maintain the already subpar civil services and cost of borrowings .

[@ryandanngetich2524]

🤣🤣🤣🤣 Debt to ratio gdp is less than 100 %do you get your stats from your crystal ball

[@Andy-ix2ox]

@@ryandanngetich2524 you are absolutely correct it is 99.8 percent as of the end of may France is slightly worse off with a figure of 110 percent however it is in a much better position to borrow than GB because of GB’s large financial industry ( including gold trading) which skews the figures considerably. Another major point that I should have been corrected on is that GB has a very large number of vacant homes, many derelict but unfortunately they are not where people want to live eg the port of Glasgow has whole estates completely abandoned, quite nice red brick buildings with quite large apartments just left to disintegrate. The infrastructure is already in place somewhere like this and if the government really wanted to invest it could rejuvenate this area with new employment opportunities and renovated homes, there are plenty of places all over the nation where with some imagination and investment a few million people could be housed and employed.

[@leonarddolezal5652]

Is the GDP in the UK really about 10% higher than in France? Some years ago UK revised its GDP calculation method which "raised" the GDP by 15 to 20%.

[@StormGuy.Productions]

uk gdp is 3.4 trillion dollars (2.7 trillion pounds), france's gdp is 2.7 trillion dollars (2.5 trillion euros). Uk gdp per capita is 52k dollars, french gdp per capita is 45k. Average uk wealth is 390k dollars, average french wealth is 190k dollars. Uk also has a significantly lower crime rate, and less immigration. Uk also has a far biggest financial centre as well as education rating, less tax and lower government intervention. so overall the uk is definitely much more prosperous

[@rolletroll2338]

Yeah, this bump in GDP anyone love to forget apparently

[@dogwithwigwamz.7320]

As far as I know it would cost ( on paper ) about 35 thousand milion quid to build one nuclear power station in the UK. How much taxpayers money, so far, has been spent on HS2 ? And by how much will an up and running HS2 reduce the energy bills of the 1/2 worst off ( poorest people ) in the UK ? If I remember correctly HS2 has so far cost us taxpayers ( not the Government ) about 100 thousand million quid. Ie 3 nuclear power stations, those stations making the UK more energy independent from other interests. But what`s in it for the already wealthy in the UK - to build nuclear power stations and let the poor keep a little bit more of their hard earned cash ?

[@jamiearmstrong3487]

Rather antiquated billion, but I like it. HS2 was just just Cameron giving Osbourne an ego-trip, whilst relegating a real ancillary economy to a drawn out death. 12 minute reduced commute to London, utter dross.

[@borisj]

What is not well knowis the tax burden to employers. The "taxes patronales" are a real barrier to employment - they represent about 40-45% of the gross salary (compared with 13% in the UK). This means that, for a gross salary of €2,500, the total cost fof the employer will be €3,625. Someone has to pay for these great retirement, healthcare and unemployment benefits - but the French in general do not realise this. It's never good enough...

[@MrStanneken]

I love your informative channel and particularly your excellent use of charts. Thanks for another well researched and thought provoking video

[@johnjeanb]

Yes He did but you don't like the answer: France has some problems and the UK others both countries have been around for a huge period of time and are very resilient. Stupid politicians exist on both sides, and so is the aging population issue. France main goal is not after growth and gdp at all cost but also about taking care of the sick and retired persons. The UK was (still is,? not sure) is more after quick wins sometimes to the detriment of the quality of life, of the poorer part of the population. France is very turbulent and get to the streets (protests etc) much faster than the UK). France is obsessed with infrastructure (roads, trains, water canals, electricity, , communication) which in turn help make for losses in other area.

[@aubinmonteil2336]

I think it would have been interesting to look how both countries' GDPs compared in terms of their main industry. I have the feeling that France and the UK were hit quite badly by offshoring, leading to large deficits in our trade balances. I think that this situation is one of the reason why in both countries the countryside workers have felt less engaged, and sometimes out of the countries' evolution. An other interesting point of comparaison in between the two countries is also the disproportionate weight of its capital city, Paris and London are for both countries the largest economic zone, and have been acted as locomotive, concentrating growth and job opportunities around them.

[@alioshax7797]

Oh, it's not a feeling. No country in Europe suffered more than France and the UK from offshoring to Asia, eastern Europe and Maghreb. Our respective industries literally ran off to China. The UK took the hit a bit earlier, in the 80s, while France was really struck down in the 90s, but the results are the same. Although, to be honest, both countries had ceased to be top-tier manufacturing powers as early as the 1910s, suffering from German, Japanese and American competition.

[@LaGrandeSynthese]

Super chaîne ! Bonjour from France :)

[@r3m1]

I live and work in both countries and one thing that i really don't understand: on paper, the UK should do far better than France. There is a strong spirit of entrepreneurship in the UK, less corporate tax, far less administrative headaches... And of course, the English language that's a huge advantage for doing business with the rest of the world. Yet, these 2 nations are toe to toe when it comes to GDP... It doesn't make sense to me.

[@ryandanngetich2524]

Thats why the IMF has predicted the uk will outpace france and widen the gap in the coming 6 years

[@alexplatten957]

The UKs problem has been for the last few decades the perverse incentive of property as an investment. It sucks up money from everywhere, that would be more productive if it was invested into business. But when you’ve got a guaranteed and fairly substantial profit on simply sitting on a bit of land or building, what’s the point? The UK has produced a lot of great research which in theory should allow it to be innovative and produce more, but there’s a massive gap between academia and industry where that research rarely translates into a product or business. This is my opinion so take it with a grain of salt, but this is one of the core issues the UK needs to tackle if it’s ever going to flourish. Or otherwise just become the land of geriatric nimbies, foreign millionaires and bankers flogging each other parcels of land.

[@rolandzarka5191]

Better productivity in France but Britain has a slightly higher working population

[@papatango5085]

Not really today . It s not 2000 years it s 2024 . France has better fundamentals.

[@gigiatlas2364]

France has an incredible productivity

[@asaidweeman28]

France and Britain need to give up their global power ambitions and concentrate on internal development.

[@BrunoHeggli-zp3nl]

Wrong!

[@smal750]

Exact

[@superblue213]

very interesting analysis.

[@richardheath3923]

Another great video and a highly relevant and useful comparison

[@markgt894]

Great video for the clowns! 😂

[@alexandregamb]

So both countries have their problems.

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[@mm-yt8sf]

when i hear of gdp per capita the big unknown in my mind that prevents me from drawing conclusions about standard of living is how are the benefits distributed across the population? with a worst case being every business in the country is owned by one person and everyone else is a slave and paid accordingly 😕

[@VonKirda]

Are you kidding ? France is best placed of any major European country

[@Ridz149]

great video as always

[@PascaLM_]

Our two countries face the same problem and it's not economic.

[@papatango5085]

Immigrants ?

[@ollietizzard5180]

The Messmer plan was still a fantastic sweep of statesmanship. France consistently has some of the lowest carbon emissions for the grid anywhere in the world (probably the cleanest for an country of it's size and development) and routinely exports kilowatts all over Europe

[@WaterhenBloa14]

Is this British low productivity thing got anything to do with moving from a manufacturing to service economy?

[@AIJimmybad]

It's due to continual mass immigration of low skilled workers. No incentive to train workers to be more skilled and therefore more productive when there is a never ending supply of cheap labour.

[@GRY890]

@@AIJimmybad That's true because myself and one my friend cannot find a decent job for months but apparently it has got to do with high interest rates but I'm not sure that relates to mass immigration, you can correct me on that.

[@catalinpreda4666]

​@@AIJimmybad It's because UK employers don't invest as much as counterparts in Germany, France or US. You had the influx of low skilled immigrants because your employers were happier to reduce their cost with labor instead of actually improving their business or inovating. Your neoliberal government lowered corporate taxes and privatized your whole economy creating monopolies like those in utility companies. If your government protects your profit and you have access to cheap labor why bother investing? If the government doesn't invest in anything from infrastructure or research in the past 30 years and runs the country on austerity mode, why swim against the current and invest? The productivity gap is just a reflection of decades of under investment. You focus on low skilled immigrants, but there is a very large group of immigrants that studies in your universities and outperforms the local population getting better results and and high skilled jobs, and many immigrants starting businesses, making profits and paying tax. The English government helped the ultra rich rob the English population and uses these immigrants as scapegoats. Time to wake up

[@theolddog5129]

@@catalinpreda4666 Absolutely agree. Low productivity is the result of a lack of willingness to invest. Importing workers who will accept lower paid jobs is a consequence of that, not a cause.

[@sirgo0se97]

@@catalinpreda4666very true

[@Guitar6ty]

Both push growth with mass immigration which pushes land and property prices exponentially whilst lowering wages. More people means less to go around. When people have insecure temporary jobs and low pay they stop spending. Add in Ai which will permanently cull 1.6 billion jobs in the next 3 years its already hitting Banking Warehousing Administration and Retail shopping. France does still have a manufacturing base the UK does not as it is now just a low wage service economy. Dyson has just shut down 1000 UK jobs and moved to Indonesia. Flooding your country with 3rd world no skill people is not a great idea in an era of contracting industry and rising Ai.

[@alioshax7797]

I doubt it's mass immigration which pushed real estate prices up. Most immigrants don't have much money to spend, they're definitely not responsible for the prices in London or Paris downtown.

[@PytheasFidus]

The French and English are in such rivalry that they are trying to find out who is experiencing the biggest economic crisis.

[@lucaj8131]

Having both passport its increasingly harder to choose in which country to settle down as they both seem to race the other to the bottom of the g7.

[@PytheasFidus]

​@@lucaj8131 I am French and if the economic situation becomes too difficult, I am thinking of moving to the USA. I don't know the situation in the United Kingdom at all, but this crisis that we are experiencing is completely the result of the choice of the political and economic elites. Starting in the 70s and 80s, they liquidated the country's industrial apparatus through relocation. Germany and (northern) Italy have preserved it. They were even ready to liquidate French nuclear power, by ideological views. The Russian gas crisis has brought some reality back into this great nihilism. From now on, the country's debt rating will be gradually downgraded, and budgets will become more and more difficult to maintain. And the country has just elected the far left which will further increase taxes which are already at a staggering level, and further increase the debt. In short, good luck to the British, but I am pessimistic about the French situation.

[@therraxz]

62 to 64. My country just raised it from 67 to 70😮

[@CoriolanBataille]

Great video 👏

[@anthonyferris8912]

At the moment France does...

[@thecrimsondragon9744]

The UK obviously, French trains and housing is much better…

[@ryandanngetich2524]

You wish,,, most people rather live in the UK and visit France not Vv

[@smal750]

​@@ryandanngetich2524 No need to be complexed the rivalry has long ended

[@ryandanngetich2524]

​@@smal750 Right

[@tntg5]

Deficit is just a poor choice political leader made. If you lower your income and increase your expenditures, one shouldn't be surprised of the outcome. France can resolve it's Deficit tomorrow if it wants to. But those who actually run the country behind their media empires wouldn't agree

[@Garcwyn]

France has a strong manufacturing sector, it produces and export power, and it is a member of the biggest single market in the world. Soft power wise is comparable to the UK’s. That’s all the good things going on for it which are not trivial. On the other hand the UK… well it just elected a new government that it’s inheriting a country in shambles. It has its own currency which can devaluate to oblivion while fuelling inflation but yeah at least it has that flexibility. That’s about it really

[@elifuentes7070]

People are still parroting that the EU is the single biggest market in the world. That was true more than a decade ago, but no more. The US is now significantly bigger than the EU, even if you still include the UK in comparison.

[@Garcwyn]

@@elifuentes7070 the USA is a country. Absolutely nobody is arguing whether the USA has a bigger economy than the EU. Go and educate yourself first

[@NexusGamingRadical]

@@Garcwyn Well you didnt do yourself any favors by just saying "single biggest market in the world" which is just flat out wrong.

[@elifuentes7070]

@@Garcwyn Sorry, you said "single" biggest market. Is the US not a single market? I am throwing your suggestion back at you. And I am not arguing about the size of the economy of course no arguing on that bit, I mean the consumption part of it, which is more than double that of the EU.

[@Garcwyn]

@@NexusGamingRadical in what way is wrong please? Not even the USA enjoys the tradeless friction that the EU single market enjoys. California for example has stricter environmental standards that could pose problems for other states trading with it, for example on automobiles. Shipping alcohol across state lines is notoriously complicated. The list of examples goes on and on. One of the tenets of the European single market is convergence of regulations and standards so it has the same level playing field for all its members. At least for goods it’s quite efficient in this respect. That’s what I mean with a single market. Practically it means that if you are a manufacturer in let’s say Spain and you want to export to Germany if you comply with your local regs and standards automatically you will comply with Germany’s and the other 25 members. It’s that easy. If you are manufacturer in Ohio complying with your local regulations can you readily export to California or other states? No! Most likely yes, don’t take me wrong, but you cannot GUARANTEE for sure that Ohio is perfectly aligned to California. It depends on the goods being traded, etc, etc. Although the USA is one economy its market has some friction. I’d be pressed to call it a single market. It’s an imperfect one. A market is not only defined by how much in monetary terms is being traded within. There are others dimensions to it. The european single market is the biggest in the world. I rest my case

[@Nobumblegumforyou]

Being too France many times and having friends that live there. France is far better off. As a start its easy to work in hospitality and pays better than the UK. The economy is also more diverse..

[@ryandanngetich2524]

Thats a biased report having no British friends

[@dannywest7587]

No matter both once great countries,now turned into dustbins by their politicians.

[@ciaranReal]

Also germany is starting to deindustrialze so it will we intresting to see what they are goona do about that

[@gerohubner5101]

We will chase the responsible, completely incompetent politicians out of office next autumn at the latest and allow the "Greens" to disappear into political insignificance. Unlike the UK and France, Germany has been driven into the wall by a green-socialist government for 2 1/2 years, but that will soon come to an end.

[@patricksweeney5308]

First chance they get, the Germans will jump ship and ally with Russia, with which they have major synergies. They'll be happy to be subsumed into the Russo-sphere and maybe could then address their crime/immigration problems under cover.

[@peterdawson2384]

All Governments should be prevented from borrowing.

[@user-kc1tf7zm3b]

8:25 *Roquefavour Aqueduct* 🇫🇷 🇪🇺 Largest stone aqueduct in the world which stands 83 metres high and runs 375 metres long. Skirts just outside of the western edge of Aix-en-Provence, Bouches-du-Rhône.

[@Dolfi500]

uk should not back in EU, it should back in France . the Hundred Year's war was a misstake, the House of Plantagenet can come back in France.

[@travellingtom6091]

We are well below the USA in GDP per capita eventhough half their nation think the Earth is flat. 😂

[@patricksweeney5308]

The Americans lead the world in science, technology and so many other fields and till recently at least, when they went ultra DEI, had most of the top educational institutions.

[@travellingtom6091]

@@patricksweeney5308 "...half their nation".

[@alioshax7797]

​@@patricksweeney5308No one denies that 10% of Americans have access to the best education there is on the planet, giving some of the most brilliant minds of our times. The issue is the 90% left, though.

[@alphabetaxenonzzzcat]

The UK has - mainly because of its massive balance of trade deficit and the lack of a strong manufacturing base, plus over reliance on the service industry.

[@Trecesolotienesdos]

The uk has a higher un HDI than France.

[@bipollarazralon1262]

Tejvan, in the chart that appears in 9:35, imagine if the Chinese answered this poll...

[@orca7025]

I'd say the UK has more to capitalise on and more potential to be great in the early to mid 21st century, but France probably has it easier to sort out and do "decent." so who's more likely to do well? France who can do better if they stopped fooling around? Britain

[@rolletroll2338]

Why is that?

[@papatango5085]

The only problem of France is the french people 😅 if they are not communist they could be great. They have all to do better

[@Chriswatt313]

Why dnt u just say it ,too many migrants flooding our nations have had a detrimental effect on our economys

[@ciaranReal]

Im british and sadly we have become a american puppet. Aslo WHERE IS ALL OUR MONEY GOING?????

[@thepatriot4076]

In the US we consider the British cannon fodder for our wars 😂😂😂😂

[@InvestgoldUK]

@@thepatriot4076 sadly true and now add the EU and NATO to that list

[@ryandanngetich2524]

No we havent

[@ryandanngetich2524]

@@thepatriot4076 No not at all,, we can very much sit out anything we choose to,, eg the Vietnam which you failed miserably without our expertise

[@pierrejoris7754]

Where is Switzerland in your first table ?

[@James-el6lj]

At least UK doesnt have an indian PM any more

[@papatango5085]

I m french and what you think about Scotland leaving the UK ? I think it s possible

[@derekhough-jm9gc]

The English did better without the peripheral tribes -- once they allowed Irish, Welsh and skirts in all went to hell

[@bipollarazralon1262]

Tejvan, how do you identify yourself? Do you have a personal preference for revoltz or you're more conformed?

[@bipollarazralon1262]

I love his pronounciation! He's so cute when the stops and say "BUT"!!! *_*

[@erandeser5830]

Switzerland is not in the top24 of GDP/P ? Behind Italy ? You got your list wrong on page 1. Good start.

[@leemacdonald6533]

Labour will increase tax, rent/House prices and electric prices

[@mdimitri3942]

What are you talking about !!! France has 5.67 millions civil servants. That doesn't much about your other figures 😂

[@Locost59]

The thing about Brexit is it's far too soon to say. So far it doesn't seem to have made a lot of difference. It's only four years since we left and there's been a pandemic and war in the meantime.

[@ryandanngetich2524]

Exactly what ive been saying

[@DeputyChiefWhip]

Seems to me that Wealth Inequality and the breakdown of community spirit is to blame for much of the problems in every modern society.... The top 1% have most of the money and assets, and everyone is so divided that they can't band together to improve themselves and their situation.

[@arjitsingh5989]

Should i coume to uk for further studies ?

[@Shuker8964]

If it’s Red, Blue, and White, it’s in deep shit

[@auriel8300]

France by far

[@BrunoHeggli-zp3nl]

There are no real Problems,Things will improve a Lot in the Future and after the Ukraine war!

[@marylineflauw5659]

Non plus d industries en France 3150 milliards de dette euros Graves problème avec l immigration Avenir sinistre

[@soobash]

Inflicting a wound and learning from it is quite an exercise in stupidity. Maybe the video should have highlighted the difference in political systems more.

[@GillerHeston]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@joshbarney114]

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[@rogerwheelers4322]

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[@FabioOdelega876]

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[@rogerwheelers4322]

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[@FabioOdelega876]

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[@shrek2567]

It's a race between these two countries to be the worst economic. But Brexit gives a slight avantage for Britain. GB wins always but France is not so far away. 😂

[@jamesvdv0]

This guy never mentions the "i" word. 🤔

[@Olive-gd3wn]

Both of them are done anyway!

[@derekhough-jm9gc]

Starmer LOL

[@janebufton1960]

Britain is a lot, lot worse. Can't compare. Everything in Britain very expensive, and for majority low wages.