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...uhhh, WHAT?! How can the @wsj claim that Europeans are getting poorer while Americans are getting wealthier? Is the American economy really that strong? Is life in Europe really that bad? Or is there more lurking beyond the surface of this article by the Wall Street Journal? Let's take a look at the data.
Episode 116 | #germany #usa #economics #debt #lifestyle #cash #euro #americaneconomy #economy #economia #economiccrisis #inflation #europe #expatlife #movingabroad #americaningermany #america #livingabroad #americansreact #eurozone | Filmed August 8th, 2023
Jump to Your Favorite Topic 🙌 :
0:00 Intro
01:30 The Evidence
18:14 The Smoking Gun
🎥 More Videos to Check Out:
From @EconomicsExplained "Why Is Europe Always Lagging Behind The US?" • Why Is Europe Always L...
By @ExplainedwithDom "Why Europe is Becoming Economically Irrelevant" • Why Europe's Economy I...
By @Faultlinevideos "How Europe can be insanely rich, but still poor…" • How Europe can be insa...
📝 Sources Cited in the Video:
New York Times, "Where $5 Trillion in Pandemic Stimulus Money Went" (2022) www.nytimes.com/interactive/2...
Herzog-Stein, Nüß, Peede & Stein (2022), "Germany and the United States in coronavirus distress: internal versus external labour market flexibility" www.ncbi.nlm.nih.gov/pmc/arti...
Economic Policy Institute Family Budget Calculator www.epi.org/resources/budget/
Economic Policy Institute, State of Working America Wages 2022, "Low-wage workers have seen historically fast real wage growth in the pandemic business cycle", www.epi.org/publication/swa-w...
Debt in America (2023) www.debt.org/faqs/americans-i...
The Scientific American (2020) GDP Is the Wrong Tool for Measuring What Matters www.scientificamerican.com/ar...
Columbia University and Huw Pill Podcast "Beyond Unprecedented S3 Ep4: Inflation: Not Dead Yet" scholarship.law.columbia.edu/...
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