The REAL Wealth Map of Europe (They Lied to You)
Video Overview & Insights
GDP maps of European countries tell us a very simple story: some nations are rich, others are poor. Politicians and the media love this map. But it's only part of the truth. GDP measures the money moving through an economy, not the actual wealth you have managed to build and protect. Today, we are ranking all European and transcontinental nations by their True Median Net Worth. And because so many of you asked for it, we will also show the exact position of the United States and Canada. We are taking the person exactly in the middle of society, adding up their cash and property, and subtracting all their private debts. This ranking measures one thing only: who actually owns hard assets, and who is just renting their lifestyle from the banks. And here is where it gets dangerous. Some of the wealthiest nations on this map are buried under mountains of private debt. A hundred thousand dollars debt-free is a fortress. A hundred thousand dollars sitting on a massive mortgage is a house of cards. Same number. Completely different reality. If you want a full video exposing the countries with the highest household Debt-to-Income ratio, type "DEBT" in the comments right now. Welcome to Amazing Europe.
If you want a full video exposing the countries with the highest household Debt-to-Income ratio, type "DEBT" in the comments!
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🇺🇸🇨🇦🇪🇺AMERICA vs EUROPE🇺🇸🇨🇦🇪🇺
DEPT
Our new channel where we compare the USA, CANADA, and EUROPE!
➡️ www.youtube.com/channel/UCQ4R3gLZsHoHIEOScjKKwIw
Looks like according your criteria are nations, whose one third of population left their land in search of work and those who owned flats and houses stayed much better off than those who built new houses for their young using mortgages and bank loans…
🇫🇷🇫🇷NOTRE CHAÎNE FRANÇAISE🇫🇷🇫🇷
Surprenante Europe ➡️ youtube.com/channel/UCR0lE5Pr0_1XUbEPig05qCQ
Debt
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Debt
More User Perspectives
Funny concepts that are then projected as real values: stores full of plastic, millions of brands selling essentially the same product, the Great Pacific Plastic Garbage Patch... and the Moon, of course.
Happiness? A concept.
What does a person really need?
DEPTH
@edwincolon3857debt
@mvrosa8704Interesting compilation, even if the rankings depend highly on how you treat the values of owned housing (tricky issue, without real markets for these assets) and whether pension rights from social security systems are monetarized (this is a long debate among economists, more and more tend to lean towards counting this as wealth, even if it is not held in an individual account).
@chlan1536Median Net Worth
1 Iceland - 413193
2 Luxembourg - 360715
3 Belgium - 249937
3b Australia - 247453
3c New Zealand - 193065
4 Denmark - 186041
5 Switzerland - 167353
6 UK - 151825
7 Norway - 143887
8 Canada - 137633
9 France - 133137
10 Netherlands - 112450
10b Taiwan - 108247
11 US - 107739
12 Spain - 107507
13 Italy - 107315
13b Japan - 103681
14 Malta - 96835
14b South Korea - 92719
15 Ireland - 90741
16 Finland - 84093
16b Israel - 77604
17 Sweden - 77515
18 Slovenia - 75600
19 Portugal - 70409
20 Austria - 68492
21 Germany - 66735
22 Greece - 53501
23 Latvia - 46899
24 Montenegro - 43438
25 Cyprus - 40957
26 Slovakia - 40703
27 Estonia - 39586
28 Croatia - 34837
29 Lithuania - 32385
29b China - 27273
30 Hungary - 26416
31 Kazakhstan - 25225
32 Czech Rep - 23502
33 Bulgaria - 22759
34 Romania - 21545
35 Poland - 20263
35b Mexico - 18920
36 Belarus - 18466
37 Albania - 17280
38 Bosnia & Herzegovina - 16484
39 Serbia - 16462
40 Armenia - 14215
41 Moldova - 10131
42 Georgia - 9451
43 Azerbaijan - 9209
44 Russia - 8595
45 Turkey - 5488
46 Indoneasia - 4819
47 Argentina - 4354
48 India - 3755
49 The Philippines - 3155
50 Pakistan - 2076
51b Central African Republic - 260
51c Haiti - 207
https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
The bigger question is 'how many excuses can you use'? Almost every ranking gets a new set of 'Ah, but this, and that, and another thing' to try and suggest that somehow none of 'the facts' are real, or that such rankings have an alternate purpose.
An investigation around the excuses, and what figures of merit they would generate, should be on everyone's minds.
Interesting methodology, seems a joke to show UK to be above USA, Germany but statistical manipulations can be used to propagate any lies.
@AshokParakh-nh1dzAn insight, not an explanation, nor a reality.
One of those 'it would be nice to see' alternative views of the way national economics (and hidden exchange rate factors) are perceived.
Maybe aught to be in euros, the new global currency??
Jakbyś podał cenę 1m² gruntu w miastach i tereny rolne oraz leśne to by było bardzo wiarygodne który teren kraju jest bardziej cenny i czy to się pokrywa z cenami nieruchomości czyli grunt Plus budynek na tym gruncie. Dało by to obraz czy warto nie rozważyć przeprowadzkę do innego kraju
@MrSZASZKINDebt
@henryrogers9045Could you try harder to get the country flags right?
@AndrejZupančič-f2oFor Germany still the fact is valid, that it absorbed the eastern part in 1989, which was completelly poored by socialist and Dictatur system of GDR. Nearly two trillion dollars had to get invested in the east, and still it has lower income and low homeowner rates, and few capital per head at the start. No other of the richer Europe nations had such a burden. To be fair, west and east still had to be seen different It will grow together, but it will need another 30 years
@SamTurpin-fn9geDebt
@arnoldoldewening4905Dedt
@tonydickerson999GDP is utter nonsense: it is an abbreviation created by the same people who PRINT your money.
Take all the time you need.
Very interesting !
@marlbankianAnother misuse of statistics by idiots who don't understand the use of statistics.
@MostHigh77738:26 not the danish flag...
@kennethberndt2668Debt
@miguelgorostizaotero578731:42 - the fact that you called US the largest economy shows that this video is royal BS.
@_Epsilon_What is this malarkey? "The REAL map" is yet again the usual BS that has nothing to do with reality. "They Lied to You" and you are continuing to do the same. At 23:11 you are contradicting yourself, ranking all high home and land ownership countries low. Also ranking in USD without taking into account power purchace parity makes this "map" completely useless.
@_Epsilon_What about Lichtenstein, Monaco and the Vatican City?
@cadfael4598about living in nyc in the 60`s painter james rosenquist said i had no money but i was rich ... lunch was 25 cents. i own 500 hectares of arable land but i have no liquidity ,am i rich ?
@krzysztofwoloszynek7311I can't see any wealth in East London...
@AndrzejLondynThis is not real wealth. In some countries, people can afford much more with lower salaries, it have to be calculated in PPP.
@jurajvelart5851какой бред
@alexey-r7cWhat a pointless video, Just clickbait.
@dutchcourage433В Литве 2000$ зарплата? Ты бредишь! В России много берут кредитов??? Ты чё куришь, где берёшь?
@olegtarasov8194Debt
@joehardy9610Ltlo jakieś dyrdymały
@KrzysztofZymmerВсе данные высосаны из пальца. Искажённая, тенденциознпая инфоромация.
@AlexMoorrrWhat a BS
@valentinjaekenBelgium more wealth then the Netherlands?
Have you been there? Seen the roads?
Nah bro, your measurement doesnt match reality.
Sorry but this is nonsense ! UK right now , thanks to the last 20 years of Labour and Conservative government is fast becoming a shit hole, but a shit hole with 70,000,000 people in a small space. That boosts the ridiculous and useless GDP measure.
@davida2653Unfortunately, Poles are satisfied with the gross domestic product. They don't know any other indicators.
@michapogorzelski9065Liechtenstein? Andorra? Monaco? San Marino? Vatican City?
@frankrault3190Birthyear on an ID Card in the UK. Rediculous. The UK abolished ID cards immediately after WW11 and has no plan to bring them back.
@MENSA.lady2Debt
@PeterHandler-t5iSchulden
@jenssonnenmann2323This video is completely pointless.
@danielefabbro822DEBT.
@daviddjerassiMontenegro, wrong flag
@DekanDebt
@eugenechamp801This list is ludicrous: it has no relationship to quality of life, which is much higher in Ireland (#15) than in UK (#6)/ The UK is more crowded and has stressed and failing infrastructure. The roads in the UK, for example, are famous for being potholed. Ireland’s road network is superb, well up to autobahn standard on the motorways. More importantly, our social safety net is far superior, with efficient medical and educational support for all.,
@tonymulqueen9846Was fuer eine Zeitverschwendung. Fuer den Unsinn haette eine Tabelle gereicht und man haette nach einer Minute Ruhe.
@guandao-o4y