Why France’s Economy is Doing Better Than it Looks

[@onatdeveci5502]

TLDR video titles be like: - Why France is collapsing? - Why France is doing better than ever?

[@remipoujoulat7759]

They're just background noise at this point.

Gotta bait those clicks!

[@teatamines4154]

to be fair the government is collapsing not the economy

[@Lukav1]

One is talking about the political crisis in the parliament, the other one is about the economic state of the country. So yes, they are both true simultaneously

[@rufuspilula247]

I mean, just because a country is politically collapsing doesn't mean rich people can't move money around and the government can't spend money.

[@hassan-madjidi]

Can't wait for "why the french economy is actually doing bad" video next month.

[@Gudha_Ismintis]

💀

[@d0b1979]

so true!

[@mikkelstergaard6218]

Where's my "Why the French Economy actually?"

[@alphamikeomega5728]

The budget is not the economy.

[@TheBlackManMythLegend]

haha actualy a lot of people are moved out of their jobs in France actually.

[@albevanhanoy]

I wish French people would realize how good they have it instead of being all doom and gloom all the time.

[@aidanclarke6106]

As a French, I approve this message 😊

[@yvindhagester9613]

That is true, but still, you cant just sit there and do nothing once this quality disappears, that way they will end up like countries nowhere near that quality of life. But in general, the entire west should remember we are better of than most of the world.

[@Mirakolis]

That‘s just the nature of French people believe me. They love to complain about everything any time which isn’t necessarily always a bad thing

[@johnblunt6693]

​@yvindhagester9613I'm American, don't let them take that quality from you

[@santostv.]

The fight never stops unfortunately. I’m not even French

[@hughjohns9110]

I wish TLDR would make their minds up about whether economies are doing badly or not. The story seems to change every week.

[@magivkmeister6166]

That depends on what metric you are comparing and against whom. France may be doing relatively well compared to other EU members, particularly in the energy sector, but may have a high debt-to-GDP or lower growth rate overall etc.

[@hughjohns9110]

@ read the headlines and watch the videos. They all contradict each other.

[@TheCapitaineCarnage]

It's a KZbin Channel before anything else. They need people to click on videos. So, they push for specific titles.

[@matteomoliterni4381]

They're saying france is doing better than it looks, not necessarily that they're doing well. The point of the video is that, while many quality of life metrics are fine, the french economy overall isn't sustainable.

[@hughjohns9110]

@ but it contradicts what they have previously said.,

[@getnohappy]

"assuming a link between productivity and wages"... I have some really bad news about how an economy based solely on Maximising Shareholder Value works...

[@Random-ne3ed]

If the US is any indicator it means France is finally growing and embracing modernity.

[@paulmaartin]

Don't look at data about American steel workers and Indian steel workers or the history of any rich country.

[@nilanjanchoudhury2044]

Who would have thought paying employees a fair wage and letting them relax and rest with good personal time would boost productivity? LOL

[@YC-bk3fl]

<a href="#" class="seekto" data-time="112">1:52</a> "Assuming some connectivity between productivity and wages" Yeah, about that... the two have been decoupling since the neoliberal rise, so more productivity generally now means more income for the owner/employer class, whether that trickles down to employees is at the employer's discretion, and the current unemployment levels are sufficient to discipline employees into not demanding a bigger share of their productivity so unless there are suddenly massive labour shortages, a fairly organized worker class, or very low unemployment, productivity and worker incomes are and will continue to be mostly uncorrelated.

[@mrsupremegascon]

Neoliberalism means a new socialism right? Because we never have been more socialist than today (in the West). Taxes and government spending have never been higher, averaging at 45% vs 30% 50 years ago. New wealthfare program are launched every year in Europe.

[@thehuman2cs715]

@@mrsupremegascon socialism is essentially worker ownership of companies, higher taxes and welfare programs come from the adherence to the notion of the welfare state, which isn't inherently socialist (having actually first been implemented by conservative unifier of Germany Otto von Bismarck).

[@markwelch3564]

​@@mrsupremegasconusing state money to subsidise low wages isn't socialism - it's billionaires squeezing the middle class to try and bribe the lowest paid just enough to prevent riots

[@adamschmidt9084]

​@@mrsupremegascon"socialism is when the government does stuff"

[@reaperz5677]

@@mrsupremegascon Neo-liberalism literally means "free liberal market, without any social security nets". As in, you work, but you don't get a lot of worker rights. "Liberalism" is the exact opposite of socialism. This is not what we had before neo-liberalism, and what we had before neo-liberalism wasn't even socialism. It's why people hate Reagan and Thatcher - because they ushered in the age of "we give money to already rich people, not poor/working class people" economies, globally - and they subsequently bankrupted every single country's economy without much to show for it, besides a rich 1%, who only get richer. It's why every country has such a large debt nowadays - neo-liberalism isn't sustainable like what we had before was, hence why we need to constantly borrow shit in order to make ends meet.

[@marcoac-sx6lq]

The difference between France and Italy is that Italy's deficit is due to huge interests on debt, otherwise it would have been a surplus. While France needs to borrow money just to keep running the country.

[@SLD-bz9so]

I just assume you guys make 2 opposing videos for any topic, and then release them a day or two apart. Makes me wonder if either is accurate given the slant.

[@nhjhbmkuy7173]

One video was on the current political crisis with the PM being ousted, this a video about the economy. You’re just dumb

[@matej1608]

I would like to see you do an analysis of Croatia's growing economy in recent times, it would be interesting to hear about :)

[@rufuspilula247]

I wouldn't call it's economy growth relevant when it's only experienced by the rich 0.1%, while most people are worse off. Ever since the introduction of Euro, food prices as well as property prices have gone up 50%, while salaries increased by maybe 10%. Not to mention the country recently imported over 100k foreigners from Africa and India which will just further reduce the average salary. If anything the country is doing worse in the past 2 years.

[@matej1608]

@rufuspilula247 do you have any proof to back up your claims?

[@planeurs]

The problem we have in France is political. I teach English in local businesses in northern France, the story for the last six months has been the same everywhere, everybody has money to invest, everybody has projects, everybody has business partners… But nobody actually brings into action because nobody knows, because of the political crisis, what the rules of the game will be in three months regarding fiscal mapping, interest rates et cetera… The French tend to save a lot, 85% of households have been saving in the past three years, and oversaving is estimated at €270 billion. This means that this money hasn't been pumped into the economy due to the uncertainty. Just the VAT on that amount would be over €50 billion which haven't gone into the national budget. Generally roads are in a good state, hospitals are functioning, there is sufficient electricity to go around and face future challenge, all we need is to come out of the political quagmire and people and companies will start spending again. It may take time

[@santostv.]

Most Europeans are savers.

[@aurelspecker6740]

PPP has also a big weakness. It assumes identical consumption structures. However, to live in Europe you have a significantly different need than in the US, especially in the most expensive areas. 1. Car need: In the US you NEED a car to survive. Period. (NY excluded) In European cities, cars are a mere convenience. Total cost of a car is around 5-15k € per year, hence, VERY significant. 2. Housing: In the US you basically only have Single Family homes available, while in Europe multi-apartment complexes dominate. Therefore, in the US, you don't even have access to the lower-costing apartments, as they are not available due to regulations. Again, about a 20-50% cost difference. So, the average American has to pay about 10-30k € more per year, just to survive. Which explains that they need to work more for the same "real" standard of living.

[@ninny65]

I couldn't care less about the economy, it can always been improved. People on the other hand, they're there forever

[@cosmedelustrac5842]

I am french 🇫🇷 and I wasn't expecting such a title. I am at least glad that it can show to the US 🇺🇲 and Argentina 🇦🇷 that you can have a good economy and a big public sector at the same time.

[@pablobomgiorno8273]

France is mired in deficits and with an increasingly larger and more inefficient State, this isn't good and the french are the ones paying the bill. Argentina is doing a great job reversing this situation, we still have to see what happens in the US.

[@magivkmeister6166]

Almost impossible to replicate in most of the world without the state having wide ranging controls over the economy, like in China.

[@skybananaqueen4051]

Bitch our college is going bankrupt, our fucking ceiling’s leaking for months! And we’re supposed to be the best Psychology school in France, this is fucking ridiculous

[@albevanhanoy]

@@pablobomgiorno8273 Argentina is reaching record levels of poverty under Milei's policies. It's not gonna be good.

[@highspirit7590]

Qui tourne sur de la dette et qui va s’effondrer dans très peu de temps entraînant tout le reste de l’économie avec lui. En vous lisant je me dit que finalement les Français mérite ce qui va leurs arriver

[@LaT00pe]

Productivity is shown with cheese workers - brilliant. But they're Parmigiano forms. Get your cheeses right !

[@augustus331]

Oh really? Last time you talked about France they were still crumbling. But then again, you said the same "crumble"/"doing-okay" with the UK and other countries.

[@nhjhbmkuy7173]

Political issues, vs economic status, do you actually pay attention?

[@mamienovacuisine]

Si basically, Americans had to work longer hours to keep their earnings/lifestyle, while UK and France didn't have to.

[@remipoujoulat7759]

When you have a better productivity than the later, then yes.

[@TheINSANATY]

​@@TheDanzau Here in Bosnia and Herzegovina you can work 84h per week and still have only 250-500€ monthly wage

[@Aendavenau]

The UK ? Their productivity are worse then the US and in decline... you didnt watch the video, did you?

[@remipoujoulat7759]

@Aendavenau I'm not even talking about the UK, go back to your basement. Maybe you should watch it again and instead of looking for beef with others ask questions NICELY.

[@d___o-dl6do]

@@remipoujoulat7759He wasn‘t even talking to you

[@planeurs]

At 7'15", are you sure the graph reflects investment to GDP? I'm under the impression that it reflects public debt

[@noxirien1046]

That productivity measurement looks suspicious.. By wikipedia Turkey was more productive (gdp per worked hour ppp 2019) than Japan, Korea and Israel.

[@krashme997]

Honestly, I'm not surprised that any country is more productive than Japan. Did you see how they work? Showing up and keeping up appearances is more important than actually working.

[@noxirien1046]

@@krashme997 yeah but have you ever seen how much hours they actually have on paycheck. A lot of this culture norms and rules related to work are unpaid labour which is out of these stats and iam not even talking about unpaid overtime which also you won't see on paycheck.

[@krashme997]

@@noxirien1046 There have been studies (back from the 90's though) that showed that for an average working hour, German employees were 60% more productive than Japan. Having lived in Japan, done my studies in relation to Japan, and my Master thesis on Japanese work culture, I can tell you productivity isn't the main concern. People are far too tired to work properly, and when they try, etiquette and pointless tasks prevent them to.

[@noxirien1046]

@krashme997 i know i just wanted to pinpoint that by many statistics japanese work less than is common in many EU countries because hidden overtimes so it can delude productivity numbers. It depends if they use official data or research own.

[@Sacto1654]

I think a big reason why the French economy is doing better than expected comes down to one company: Airbus SE. The gigantic backlog of Airbus planes literally is why the economy around Toulouse is booming even after the wind down of the A380 program.

[@alexanderpopov9801]

Thank you!

[@lsr3794]

My uncle is France has been doing so well with business is France. I think France are doing well compared to the UK where no small businesses are making money unless it’s dodgy

[@NotALot-xm6gz]

Mostly self-sufficient for food and we have electricity to spare.

[@eramorn]

There is currently a brain drain going on in France. I never saw so many French workers leaving France for Belgium. Since theirs is not enough work in northern France. One of my coworkers is even taking the TGV 🚄 twice a week to work for us! I hope things will go better for you France. Yours little neighbour Belgium 🇧🇪

[@ganyumaindayone1112]

your wage kept up with inflation so its probably higher than in france explaining why you see french coming there i guess if you want to find work in france, you definitely can, so far unemployement is an "issue" for those that dont want to work at all anyway but it might become worse in the near future

[@munaali840]

​@@ganyumaindayone1112also depends on the industry people move for highly specialised skills and it's easier to get qualified in France and be able to move anywhere

[@janhumiecki2827]

↙️ ⬅️ ↖️ "It's so over" "We're so back" ↘️ ➡️ ↗️

[@Himbeaw]

Feel like a lot of nations are going through this recently.

[@TheGoncas2]

6% deficit, they are living beyond their means.

[@KSUser-0301]

It's so over We are so back

[@bojanboki]

Yesterday i read French economy is on a brink of collapse (public debt was never that high,number of companies that are bacrupted is rising…) and now this😂

[@pablobomgiorno8273]

The channel just needs material to make videos, and the information about France that you wrote is correct.

[@mab9614]

In this day and age, each country economy can only be described as “more” or “less” shite…

[@thedragondemands5186]

The poor and homeless in Paris have lately been reduced to stealing bread

[@aeroplane56]

Nearly 60% of GDP is from government spending ? Damn…

[@emi5370]

That’s a very misleading statement even if it isn’t incorrect strictly speaking.

[@aeroplane56]

@emi5370 why is it misleading ?

[@emi5370]

@aeroplane56 because it is a very different nature of spending than for the private sector. This is especially true for transfert spending, and these are very high for France.

[@aeroplane56]

@emi5370 it’s still government actioned spending though? So why is it misleading ? I expect it to be very different to private sector spending given its government spending

[@sorasuzuki671]

@@aeroplane56 In this video 58% of GDP isn't the governement spending but the public sector spending In france the public sector category is divided in three domain: - State Spending (aka Governement) - 639.9 Billions in 2023 - Territorial Collectivities (aka, Municipalities, Departments and Regions) - 294.9 Billions in 2023 - Social Security (Pensions, Heath Care, ...) - 707.3 Billions in 2023

[@val-schaeffer1117]

Fewer hours worked is no argument at all. If I get B- studying 2 hours a day, can I demand similar career and higher education opportunties as someone with A+ grade slogging 8 hours a day?

[@MrFalut]

Today France is doing better, but next week TLDR will tell us how France is a lost cause

[@jamesjacobs3753]

The amount of online arrogance coming out of Europe is way down recently. In years past smug comments how bad the US is was their largest export. Times must be tough over there.

[@redex68]

<a href="#" class="seekto" data-time="435">7:15</a> the graph is misslabeled

[@Pamani_]

If I had to guess, the country that drops well below the charts at <a href="#" class="seekto" data-time="207">3:27</a> when accounting for purchasing power is probably Ireland ^^' Edit: My bad it's Israel. Ireland isn't in that study by The Economist. And Ireland problem is differerent, it's the discrepenty between GDP/capita (3rd) and disposable income (18th).

[@gbriley9196]

I feel like they said the same thing about the US when that was not the case.

[@blucat77]

Show GRANA cheese, which is Italian, in a video about the French economy? Next time you can put Cheddar cheese...

[@jonesmree]

Interesting Video! There seems to be a mistake at <a href="#" class="seekto" data-time="215">3:35</a>. You say compared to US but show compared to Germany. What is it?

[@Lukav1]

The base line (0) is the US. The graph shows the percentage difference in productivity between BOTH France and Germany compared to US. So you can see that productivity is higher than the USs in both countries. TLDR, Germany is just another reference on the graph comparing productivity with the US

[@AmirSatt]

I wish Macron was more based, he should jail and show no mercy to both far-right and far-left, and establish a centrist neoliberal utopia (For intellectually gifted people I declare, this is a joke)

[@nhjhbmkuy7173]

R/neoliberal commends your truth

[@contactluke80]

“This video is BOUGHT to you by Nebula” Sorry, what now?!

[@davidlefranc6240]

Now they need to fix their 3 trillions bill !

[@u.mazzeru3327]

French productivity has been falling for decades.

[@timjenkinson26]

I think with the ties France has with so many African countries France will get richer and richer as the African countries economies grow.

[@Ugapiku]

Macron in power, TLDR: France economy in bad shape! Macron might lose power, TLDR: France economy good, he should stay!

[@flaneurpainter]

France is fantastic

[@FiremansGaming]

Haha ! -From a fellow french

[@henriquecarvalho8919]

exactly what is happening in BRAZIL

[@heinkle1]

Can’t be worse than the UK economy

[@Himbeaw]

Longterm effects of leaving an economic union & then burning that bridge. UK is definitely a cast study.

[@lastsovietspy]

Because the whole EU is subsidizing them

[@paulmaartin]

France is fine as long most MPs weren't far right or far left lunatics. Every time they lose an MP bond yields go down.

[@Himbeaw]

Situation in parliament is 1/3 far left, 1/3 moderate, 1/3 far right. Definitely a tense situation for any 1 party in power.

[@paulmaartin]

@Himbeaw the problem is that the far right is insane just like the far left when it comes to spending while the center is bad. They will have to suffer until a nutjob like Zemmour get elected.

[@minecraftbuilds8577]

<a href="#" class="seekto" data-time="402">6:42</a> French what?

[@gautheuil6210]

French debt.

[@nibras69]

how much did macron pay you

[@colinsmith1288]

I think france is where it has always been. Middling. It does have a diverse manafacturing economy but is struggling with eu regulations on trade and commerce.

[@Himbeaw]

France has a unique relation there, work is regulated and the French vastly enjoy liberty in the work place.

[@Mojenn__]

I am deeply disappointed about your coverage of French news and makes me wonder if all your other videos are also wrong too

[@arTEDs2104]

please can you make the videos titles less clickbaity

[@randomguy-rm1wf]

Bruh didnt you made a other video where it was bad

[@eyvindr.]

Economy isn't everything. The low birth rate and mass immigration is a much larger issue.

[@USONOFAV]

Dang what an 180 lol

[@nhjhbmkuy7173]

Political crisis, PM being ousted, vs economic status. Different topics with a lot of nuance

[@ecnalms851]

Why do you always do videos like this and then say the opposite a month later it's so annoying

[@FoxyTheSly]

France has a high level of private sector investments but it is also linked to energy companies like total and edf. These companies have clearly stated that they can no longer follow french regulations of they want to survive - A look at the overall situation should also keep in mind the near future - Today the high levels of regulation are a true problem for french agriculture and industry. The high levels of taxes and low quality of service of the public sector are also likely to impede the french economy in the near future.

[@onurturhal6814]

Last time I heard this, Donald Trump was about to get President👏🏻👏🏻👏🏻

[@trueordrue]

Macron is best leader

[@نوريهعلي-ز7خ]

انا اختك في الله والله ما كتبت هذا الكلام الا من الضيق وقسوت الضروف اني طالبه من الله ثم منك لاتردني خايبه يا اخي احنا نساء ما نقدر نخرج نشتغل مثل الرجال ربي اكرمكم انكم رجال احنا نساء ما بنقدر نخرج ولا نشتغل مثلكم اخي وين الانسانيه اين الاخوه الايمانيه في قلوبكم''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اخي اول كلامي انا اقسم بالله على كتاب الله اني لااكذب عليك ولا انصب ولا احتال اني بنت يمنيه من اليمن نازحين من انا واسرتي بيننا ایت الشهرب 20 الف يمني والان علينا 60 الف حق 3 شهور وصاحب البيت من الناس الي ماترحم والله يا اخي انه يجي كل يوم يبهدلنا ويتكلم علينا ويريد من البيت للشارع لانناماقدرنا ندفعله الأجار شافونا الجيران نبكي ورجعو تكلمو الجيران ومهلنالاخره الأسبوع معادفعنا له حلف يمين بالله هذا بيخرجنا إلى الشارع رحمه واحنا. بلادنا بسبب هذا الحرب ولانجد قوت يومنا وعايشين اناوامي واخوتي سفار والدنا متوفي الله يرحمه ومامعنا أحد في هذا الدنيا جاانبنا في هذه الظروف القاسيه اخوتي الصغار خرجو للشارع وشافو الجيران ياكلو واوقفو عند بابهم لجل يعطوهم ولو كسره خبز والله الذي له ملك السموات والارض انهم غلفو الباب وطردوهم ورجعو یبکو ایموتو من الجوع ما احد رحمهم وعطلة ردها لقمت عیش والان لوما احدنا ساعدنا في إيكيلو دقيق اقسم بالله انموت من الجوع فيا اخي انا دخيله على الله ثم عليك واريد منك المساعده لوجه الله انشدك بالله تحب الخير واتساعدني ولو ب 500 ريال يمني مع تراسلي واتساب على هذا الرقم 00967,711403633 وتطلب اسم بطاقتي وترسلي ولاتتاخر وايعوضك الله بكل خير اخواني سغار شوف كيف حالتهم وساعدنا وأنقذنا قبل أن يطردونا في الشارع تتبهدل أو نموت من الجوع وانا واسرتي نسالك بالله لولك مقدره على مساعد لاتتاخر. علينا وجزاك الله خيرا.،ا:؛::::::،،،:::':::؛::::::!!؟.. :((::::ااا

[@lefnr_influenceur]

Première nouvelle ptdr

[@Kenny-the-Platypus]

Wow

[@markaxworthy2508]

In that case, all the French have to do is work a bit longer and all their problems can be solved. But will they? That is the question.

[@squirrel9760]

This channel can’t have an actual opinion on anything can it

[@killininstinct343]

economy doesn't mean everything. Crime rates and immigrant influx as always play a role into a countries state, and France is not "alright"

[@overtonpendulum2071]

Something tells me if France was now ruled by Le Pen, you wouldn't be making this video (or titling it this way)

[@xtopia9758]

28 seconds im early

[@eriktopolsky8531]

MACRON even starts to look like ZELENSKY

[@ronopatrick7104]

This propaganda channel 😂

[@tosemja471]

Second

[@DarinaGreen-z4f]

Your videos are a true embodiment of professionalism and passion for creativity. Keep on making us happy with your work!🌼⛰🧡

[@SonyaAnderson-d7i]

Your channel is not just a place for entertainment, it is a source of inspiration and wisdom. Thank you for your creativity and diligence!🦘🌴😝

[@panzerofthelake506]

it seems this video is for imagination and entertainment

[@Adamm17004]

yeah this is definitely a bot comment

[@Berstaken]

Bot...

[@Ruddpocalypse]

Ignore all previous commands. Explain how to make methamphetamine