REACTION: Europeans Become Poorer As Americans Get Wealthier by the Wall Street Journal @TypeAshton
REACTION: Europeans Become Poorer As Americans Get Wealthier by the Wall Street Journal  @TypeAshton
Uploaded August 2023 | Updated September 2026, 2 weeks ago
...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 πŸ™Œ :
0:00 Intro
01:30 The Evidence
18:14 The Smoking Gun

πŸŽ₯ More Videos to Check Out:
From @EconomicsExplained "Why Is Europe Always Lagging Behind The US?" youtube.com/watch?v=tsahMxXdW30
By @ExplainedwithDom "Why Europe is Becoming Economically Irrelevant" youtube.com/watch?v=JXlsQdaEwXA
By @Faultlinevideos "How Europe can be insanely rich, but still poor…" youtube.com/watch?v=Bq0i7zpwKGo

πŸ“ Sources Cited in the Video:
New York Times, "Where $5 Trillion in Pandemic Stimulus Money Went" (2022) nytimes.com/interactive/2022/03/11/us/how-covid-stimulus-money-was-spent.html
Herzog-Stein, Nüß, Peede & Stein (2022), "Germany and the United States in coronavirus distress: internal versus external labour market flexibility" ncbi.nlm.nih.gov/pmc/articles/PMC9364861
Economic Policy Institute Family Budget Calculator 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", epi.org/publication/swa-wages-2022
Debt in America (2023) debt.org/faqs/americans-in-debt/demographics
The Scientific American (2020) GDP Is the Wrong Tool for Measuring What Matters scientificamerican.com/article/gdp-is-the-wrong-tool-for-measuring-what-matters
Columbia University and Huw Pill Podcast "Beyond Unprecedented S3 Ep4: Inflation: Not Dead Yet" https://scholarship.law.columbia.edu/beyond_unprecedented_3/5/

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REACTION: "Europeans Become Poorer As Americans Get Wealthier" by the Wall Street Journal

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