Sep 28, 2025 09:08 PM
(This post was last modified: Sep 28, 2025 09:09 PM by C C.)
PREVIOUS INSTALLMENT: Situation in Europe: Sept 2025 - Part 2
SURVIVAL LILLY
https://youtu.be/TT_ebQrM4Ok
VIDEO EXCERPTS: Today, I would like to report about the situation in Europe. I'll start with this article called "How much Austrians have on average."
They are comparing private financial assets as opposed to other countries, and this is really interesting.
Here's a table: it says that Americans per capita have the most private financial assets -- with 311,000 euros. And they have increased their assets by 10%. So, USA is number one.
Switzerland has 268,000 euros per capita. Singapore is on third place at €197,000. And then down there is Germany with €86,800 per capita. And Austria is even more behind with €75,000.
Here they are saying this study takes into account cash, bank deposits, securities such as stocks and bonds, as well as claims against insurance companies and pension funds. Real estate and state pensions are not included.
Pretty crazy. It's almost impossible to build wealth here in the high tax European countries. So I believe right now in Austria, the average tax rate is 43%.
So if you earn I don't know a certain amount of money at the end of the day, they will take 43%, and you will get the rest, f you earn average. But if you earn a lot, the income tax will go even higher, and if you're a really good earner, you can pay 50% income tax.
Now although we are paying so many taxes, the governments around Europe have accumulated a lot of debts, and now they think about taxing us citizens even more.
[...] Then also in Germany, the economy is not doing that great. In this article they are saying that the company Bosch, which is an automotive supplier, cuts another 13,000 jobs in Germany.
[...] Shocking study. So many people go into debt to buy groceries. Young people borrow money most frequently, usually for everyday expenses. Women are more likely to turn to family, while men prefer banks. As a bad sign of times, the Austrians borrow money for luxuries, but also increasingly to cope with everyday life....
[...] here they are saying that medication very often is not available in Europe and in many other countries: Ritalin, insulin and other medications. Pharmacists in need. Austria is in the midst of a medication crisis. Currently, 440 medicines are unavailable or only available to a limited extent...
Situation in Europe - September 2025 (Part 3) ... https://youtu.be/TT_ebQrM4Ok
https://www.youtube-nocookie.com/embed/TT_ebQrM4Ok
SURVIVAL LILLY
https://youtu.be/TT_ebQrM4Ok
VIDEO EXCERPTS: Today, I would like to report about the situation in Europe. I'll start with this article called "How much Austrians have on average."
They are comparing private financial assets as opposed to other countries, and this is really interesting.
Here's a table: it says that Americans per capita have the most private financial assets -- with 311,000 euros. And they have increased their assets by 10%. So, USA is number one.
Switzerland has 268,000 euros per capita. Singapore is on third place at €197,000. And then down there is Germany with €86,800 per capita. And Austria is even more behind with €75,000.
Here they are saying this study takes into account cash, bank deposits, securities such as stocks and bonds, as well as claims against insurance companies and pension funds. Real estate and state pensions are not included.
Pretty crazy. It's almost impossible to build wealth here in the high tax European countries. So I believe right now in Austria, the average tax rate is 43%.
So if you earn I don't know a certain amount of money at the end of the day, they will take 43%, and you will get the rest, f you earn average. But if you earn a lot, the income tax will go even higher, and if you're a really good earner, you can pay 50% income tax.
Now although we are paying so many taxes, the governments around Europe have accumulated a lot of debts, and now they think about taxing us citizens even more.
[...] Then also in Germany, the economy is not doing that great. In this article they are saying that the company Bosch, which is an automotive supplier, cuts another 13,000 jobs in Germany.
[...] Shocking study. So many people go into debt to buy groceries. Young people borrow money most frequently, usually for everyday expenses. Women are more likely to turn to family, while men prefer banks. As a bad sign of times, the Austrians borrow money for luxuries, but also increasingly to cope with everyday life....
[...] here they are saying that medication very often is not available in Europe and in many other countries: Ritalin, insulin and other medications. Pharmacists in need. Austria is in the midst of a medication crisis. Currently, 440 medicines are unavailable or only available to a limited extent...
Situation in Europe - September 2025 (Part 3) ... https://youtu.be/TT_ebQrM4Ok
