He's missing the zigzag that's used as an axis break to symbolise discontinuity. As a person with a statistics degree, I'm offended and my day is ruined.
Can you please stop using hyperboles? Every time Germany and France, the EU and UK, the US and Germany have their routine political issues TLDR's thumbnails are always as if there's a real diplomatic crisis.
They will answer you that it is mandatory for them to exists on youtube and get revenues. But I agree with you, as a viewer I see it as disrespectful. I hate when serious channels do that.
@@mrsupremegasconI think it works in the short term but when viewers wise up to it, it gets annoying. I’m not even going to watch it, just went to see the comments
Because of Taiwan. Japan is in jeapordy of being invaded by China as well. Not mainland Japan, but their islands near Taiwan. That is probably the main reason
yes, they must correct course or feel the wrath of uncle sam NS2 was a warning not to "fail" again, biden needs his gas money US EIA (government source) export volume to germany 2023 - 204605 2022 - 7113 2021 - 0
@@brokkrep east politics, the idea was that trade and friendly relations would eventually thaw the issues in the east and turn Russia and China into free and fair countries over time, like how the east german wall fell, and east europe also joined the EU and NATO over time.
I think "very misleading" is an overstatement. It's only the people who don't know/understand the real quantitative side of graphs who are going to be mislead. Anyone who cares will look at the scale and find the actual numbers. I am sort of in agreement that "most people" or at least a large proportion of people are not observant enough or knowledgable enough to see the details, but I wouldn't say it's "very misleading" when the data is still presented completely correctly. As an example of how this can become problematic, consider temparature. Most graphs of temparature will use degrees C (or F). Even if they start at 0, they are still not absolute scales, as temparature is a measure of average energy per particle, but 0 C or 0 F is not 0 energy per particle - it's an affine relationship. However, starting all of your weather graphs at 0 K would make any detail truly impossible to see at first glance - differences that are easily noticable to humans are not easily visible when they are on the order of 0.1% to 1% of the graph's scale. This might seem like a very loosely connected tangent, but you can get similar things happening with economic statistics. For example, net profit may vary extremely slightly, but has a large effect on gross profit. So graphing net profit from 0 can completely hide the important details in a similar manner, which to me is similarly misleading.
Our German government has been pretty vocal that they want to be independent from the US in case Trump gets back into office, so I think the question is not "will Germany's moves be enough to save the relationship with Trump" but rather "how dependent are we on the US in case they are led by Trump again"
@@timschnitzel Very sensible standpoint to take. Cause Ironically Germany will be in such a scenario." A joint bastion of democracy ". Joint meaning without the others we are toast.
I don’t know why you all are so upset at Trump, he was literally right about everything in regards to Germany. Literally every criticism he had when he was president ended up being correct
@@antoniopinto1579 What kind of fighter jets has Germany? US ones? We got the problem in the Netherlands that we've way too many US military equiptment. All of Europe needs to drop slowly all US arms and make our own. We gave our F16s to Ukraine, but if Trumps says we need to take them back, we've to take them back. We can't even use them if we're attacked and the US says no. My country is small and there's no way we can do this on our own. With Germany we can. A collaboration between France, the Netherland, Germany and Sweden would be perfect. We already do that a little, but it needs to be much more. We all make tech we need. We could be the boss of the US, because we've ASML chip technology the US desperately needs in the Netherlands. The whole world needs. it's incredible stupid we don't expand our own chipmaking too in the EU. We should have all the tech companies in Europe.
The trade deficit is an unreasonable concern. Germany has less than 4% of the land and only about a quarter of the population of the U.S. To "correct" the deficit, Germany would either have to sell fewer goods than the largest market demands or import significantly more than it actually needs-neither of which makes any sense
You must be owned by Russia because no normal person could be that clueless. The solution is Germany needs to buy less from hostile countries like China, Brazil, Turkey etc and buy the same products from the USA. It may be more expensive but it’s only fair. If not America has every right to tariff every good coming out of Germany.
@@ticklepickle7786You argument makes no sense as we are in a trade DEFICIT with every country you mentioned and Germany alike. Do you see how what you said makes nos sense?
@@HelloHi-g2u Not quite sure if you ever thought about it.. Countries (or government) rarely import stuff. People and companies do. When did the US start arguing against free trade? Start making products that people in Germany want to buy. Want to slap tariffs on them? Don't complain when US allies further distance themselves.
@@HelloHi-g2u And one more point: Your logic is beyond faulty. Want less trade deficits? Go buy American stuff. Nobody is forcing anyone to buy German products.
Interestingly this video acknoledges the different stances of the U.S. as part of their different leaderships, but the German side is talked about very homogenius, when in fact we have big antirussian and anti-U.S. streamings in the populace and the political parties. The whole relationship is way more complex than trade. The only reason for our current left leaning government to work so well towards the U.S. is the russian war in Ukraine.
The Germans are trying to asset strip the Ukraine, that´s why the backed Euromaiden, so that German mining companies can get all that lovely coal and agribusiness can get nice cheap grain. Plenty of people are idiots and believe everything politicians and the press tell them. The Ukraine war isn´t little goody goody Ukraine versus big bad Russia, it´s much more like Dune than Lord of the Rings.
To be fair tho- Russia is a dictatorial hellhole, and the US is 1 election away from a dictatorial hellhole. Maybe we should just be Europeans for once and actually step up to show these clowns how it's done.
@@hiya2793 That would be quite the sight, the economic heart of the EU actually stepping forwards for once instead of poor Poland being the only one taking the two major threats to the continent seriously. Only took a crisis that anyone could have seen coming since at least 2014 for things to change.
the only "anti-american" streams are that in Eastern Germany and staunch left-wingers. The traditional "anti-Americans" are just around anti-woke, and the wokist are anti-American. The left-leaning parties like SPD and Greens are populists, who work well towards the US as a sort of additional lifeline and to point a finger to evil Russia instead of their own failed politics.
The guy frequently makes misleading statements. So it`s not surprising. For example "Germany hit the 2% target first time since the end of the Cold War". The 2% target-guideline was only introduced officially in 2014, literally just 10 years ago. It is a guideline not a rule. There was also a meeting of NATO defence ministers in 2006 where the guideline was introduced, but without a deadline at all and where the NATO members merely pledged that they will "work towards" the 2%. Only in 2014 after the Russian annexation of Crimea did this guideline became an actual target with a deadline by 2025. [ One can literally go on the NATO website to read this up ]. Framing that as if Germany didn`t meet the target since the end of the Cold War is so disingenous. It wasnt a proper guideline with a deadline until 10 years ago, and Germany, as it reached the 2%, has perfectly adhered to the agreement made in 2014. When Trump bullshitted about it starting in 2016, he kinda left out NATO members had 10 years and people ran with it.
@@Taldram To be fair, Germany (and Canada, my own nation, so don't accuse me of being biased in favour of Trump - I definitely am not) not reaching 2% since the Cold War is a factual (or non-factual, depending on ->) based on data. Whether or not it's an IMPORTANT factual statement is a different question. Trump sure likely thinks it is, or wants people to think he thinks it is. Sure, they didn't have that guideline until 2014, but guidelines are usually made *after* they've become something people feel is important, not before. So how long has 2% been important, and why? And during the time where it was seen as important but not yet set in... Wood (rather than stone), why was Germany disagreeing and not reaching it on their own wherewithal? Other nations like Poland were meeting 2% for years, and IIRC doing so before the guideline was written. Probably because of the nations on their border.
@@Taldram Not even really bullshitted it then, by how you describe it. He left out that detail, but i dont think it really matters. Not when Russia has shown itself to be overtly aggressive since 1991, and that any strong ties with Russia is dubious at best. It also doesn’t change the fact Germany had been drawing down its military spending since the end of the Cold War, outpacing almost every other European nation in that respect. That said I remember him being more focused on lambasting Germany, and Europe in general, for being overly reliant on Russian energy. You can hate the man all you’d like, but he was right about these key geopolitical issues.
I believe it may already be too late. Volkswagen's struggles with electric vehicle innovation, especially when compared to Japan, China, and the U.S., along with the widespread presence of U.S. military bases and Europe's lack of technological independence-unlike China and the U.S. with their tech giants-make it unlikely for Europe and Germany to change course. It seems Europe and specially Germany will continue to rely on U.S. protection.
I agree that labour interests in the EU, along with isolationism of right and left-wing extremists of Europe wanting no part in protecting global democracy, along with the general fiscal conservatism of north-central European cultures... all of it will effectively collude toward a stagnant and ever-declining Europe. There's not a lot the US can do to help if the ROI of investing in Europe continually looks so unexciting.
The USA besides Tesla and japan are also behind in ev’s and don’t act like USA citizens aren’t more opposed to ev’s than Europeans or Chinese. The USA doesn’t even allow Chinese ev’s because they are afraid, blocked huawei that will cost eu government a lot of € for 5g infrastructure ect
Can’t say it ended well last time. I love both countries, but I can’t say they’ve had the best national security instincts over the last decade. Best they let their regional allies do the heavy lifting.
@moosejawrobinson I definitely agree that both countries should be focused on their own regional security concerns first and foremost but I would also say there is value in solidarity and partnership with like minded nations around the world especially in areas where interests and concerns overlap.
I do want to say Trump was absolutely laughed at when he said Germany was controlled by Russia and they needed to cut down gas imports to get free. They weren’t laughing in 2023
@@The-Cat The US sells a lot of weapons, that's true. But it is nowhere near their biggest export. The US exports mostly software, food, technology, medicine, materials and energy. Additionally, if the US stopped selling weapons, others would fill the gap. The only difference would be that the quality is worse.
If there's one thing Trump did bad it was the trade war bs. People I know who preferred Trump during his 1st term that was pretty much the main thing that frustrated them about him. Especially the dumb trade war with China. It just hurt the US and consumers overall especially more so people who aren't as well off.
Draghi says that Europe is in crisis since losing its source of cheap energy (from Russia). "Someone" blew up Nordstream (unmentioned in this video). One might say that the unpopular Scholz government is desperate.
Trump trade deficit, Trump NATO 2%, Trump nordstream gas, Trump China, ALL painted in a bad light. But it turns out Trump was right! Russia and China are unreliable trade partners, suddenly Germany feels the urge to re-arm itself, and were not for LNG imports Germany would be crippled. The video goes to great lengths to avoid recognizing Trump was right all along.
4:38 "the war in ukraine gave Berlin a chance"... ja ja ja... there was no need for a "chance", the 2% spending was a comitment and requirement to being part of NATO. The script is used to mislead and deliver propaganda.
In short: because it benefits the US (politically and economically) and because Germany (like most of Europe) doesn't have a strong leader - it has weak bureaucrats
There is a simple way to to fix trade deficit for US. You just need to print too many dollars (lower interest rate to zero or even beyond) and completely destroy US dollar as global reserve currency so people around world would like to get rid of losing value papers and exchange them on American made stuff because US becomes the only country that accepts US dollars and thus US will end up a net exporting country.
1:21 wait what? Strengthened? Obama gave us the middle finger and caused the ultimate break of our former relationship. Look up the NSA wiretap scandal and the Obama's reply to the demand to a mutual no spy agreement between allies. Bush destroyed the illusion of America being a force for good, Obama turned it into our antagonist, Trump outright declared economic warfare on us and Biden stabbed us in the back in Afghanistan not even giving us 2 weeks notice of the withdrawal after the US had dragged us into that mess to begin with.
Germany is an European traitor. They will always choose money over European safety and decency. Every big decision they make, turns out to be a disaster for them and their surrounding. Their "leadership" inside of Europe is a laughable joke
The issue is not the bilateral deficit but Germany’s massive global trade surplus driven by Germany’s labor repression. This labor repression leads to very low consumption in Germany and drives its global trade surplus.
Never seen what is so bad with having a trade deficit with a fellow Western nation that holds the same fundamental values. With China? Okay, we don't want to fuel an adversary that stands against enlightenment principles and threatens democracies in some wolf-diplomacy crusade. However, a Western-aligned European nation being strengthened helps the US in the long-term by having a strong partner in the region that can contribute in their own way. It is right to criticize them for not picking up the slack in defense spending, but it's dumb to think the trade deficit is to our detriment.
Germany decided in their infinite wisdom to both kill nuclear and become completely reliant on Russian energy, and are now having to come to terms with the fact that the US and Eastern European countries like Poland and the Baltics were right
Russian cheap energy was a crucial component of Germany's prosperity for past decades. Without it, German industry would have been where it is now heading. Germans can now enjoy permanent recession and decline in living standards.
"Buddying up" fancy for word for "taken hostage" I love when the MSM tell us that either Russia blew up its co-owned pipeline or that some Ukrainian boomy boy did it all by himself... Everyone may responsible except for the regime that literally announced that they would destroy it so that it could sell its gas to Europe.
Merkel loves to be the vassal of the US and Russia pretty much like Winston Churchill, instead of building an european defense capability, and become independent on foreign policy from the US they keep supporting Biden and the neocons against Trump how is the only American politician since Eisenaward that is giving an opening for Europe to have their own military force
Scholz is a coward who kneecapped Germanys growth due to denuclearization and secretly wants Ukraine to lose due to wanting Russian gas back so the cdu and AfD don’t find a way to attack the Scholz cabinet for denuclearization and high energy prices
3:52 I don't get it. It seems to me that trump doesn’t want germany trading with america, but also doesn’t want them trading with china. Then who is germany supposed to trade with?
@@RasmusWitzigI agree However I do agree with Trump on his opinion on Germany AND the US role on the world stage. It's time for the USA to take on a more isolationist stance on the world stage in regards to foreign policy.
@@beasley1232 I don’t think so at all. But yes Germany (by the way, I am German) should have never built Nord Stream 2 and should have invest more in military. But the US shouldn’t be more isolated in their policy. They play such an important role in the world as the biggest democracy!
near 35 percent of America is your descendant Germany. We want you to have the ability to defend yourself and your jobs. We have to wait until November to see if we can help you more. If Germans are wanting more of there own domestic production, good for you guys! We don't want to see you have 38 percent unemployment ever again...
Ummm actually only 12% of American have German ancestry. That's about 43 million people. In comparison, 13% of Americans are African Americans, that about 47 million people. Another 11% of Americans are 1st or 2nd generation Mexican, that's about 39 million people in the USA. And of course 10% of Americans are of Irish ancestry, or about 37 million Americans. 7.1% of Americans are of English ancestry, or about 21 million people. For comparison, 8% of Americans are Asian American or about 22-23 million people in the USA. Where on earth did you get 35% from lol 🤣 or did you just make that up?
Germany and Japan is actually a very interesting observation if you’ve been paying attention to US/Japan relations recently. Prime Minister visited DC for the first time in 9 years purely to negotiate a deal for the biggest steel producer in the country. Biden and Trump have both said they aren’t leaning towards selling, for “national security” reasons. It’s a *huge* deal, financially and in terms of potential return on investment. I wouldn’t be surprised if Japan was a tad disrespected and let down if we indeed rejected their offer. Not great, considering we’ve been harping on and on about how essential they are to our “free and open Indo-Pacific” policy.
So the US is mad that countries assert the role they chose as police of the world. The didn't protect and rebuild Europe out of goodness, they did it because it was better for them. And now some people in the US think it's a bad thing? We'll see what happens when no one is on their side.
What’s with the red and blue outlines in the pictures of people in the video? For example Joe Biden has a deeper blue than Shultz. Just something sort of strange.
Hey TLDR, governments don't trade, private companies do. Moreover, trade balances have nothing to do with the wealth of the citizenry, since the countries with the biggest trade deficits are rich. The countries with the biggest trade surpluses are also rich. This would only confuse you if you were ignorant of the first point.
“Trump became _obsessed_ with the idea that Germany was taking advantage of American generosity on defense and trade” Narrator: “They were, in fact, taking advantage”
@@hendrx Did he attacked Ukraine? Is he refusing to cut losses? Did Russia become Chinese slave at this point? Putin was low tier pencil pusher. Assistant of recruiter in German embassy. Later Yeltsin taxi driver. His past superiors from KGB hold really low opinion about him. Describing as naive ideologist with limited understanding of economy and related systems. His strength was fanatical loyalty, which is why he was used as figurehead, until his superiors left and he become leader surrounded by Yesman. All his success come from use of underhanded methods and ignorance of the West. Who did see him as useful leader of mafia state. Who only talk much. But not actual threat. Now it become clear that Putin truly reach level of Rasputin!
@@TheRezro if you really think Putin wasn't planning this attack for decades, you're kind of lost, the reason the sanctions aren't having effect is unlike the west, is he knows how to come prepared, Ukraine will be lucky to get any more help for germany in their financially sticky situation now that they don't get cheap gas.
@@hendrx Planing something for decades do not equal being competent. In fact the contrary considering the results. As whole thing is straight a joke in execution. Only clowns believe that Russia is winning. US straight outplay Russia on every level, despite it not being even they primary front.
Focus on trade deficits from an economy perspective is so stupid. I’m going to buy some beer and steak right now. I’m not mad that the grocery store is not buying anything from me. In fact I’m very happy that 1) I have enough money to buy those things (who cares who gave it to me) 2) somebody else has conveniently created a store where I can buy those things at a reasonable price. A protectionist or equal trade attitude would mean me either: 1) keeping cows and a small brewery at my house, or 2) go to the grocery store, and attempt to trade my services as a consultant, or maybe bring some clothing from my house to trade for the food. I have 0 desire to do either of those, when I can instead just do my job for other paying clients, take that money and spend it with the place that is efficient and good at sourcing and selling food.
Lol why were buddying up: they loved playing the good guy and doing their own thing. Then they lost their supply of cheap energy and saw a military threat. They are once again good friends with the guy that is great at energy and military.
Wait. I thought Trump was pro-Russia? Why did he say it was a bad thing for Germany to be close to Russia? I thought he would see that as a good thing.
in Trumps skewed view he wanted to make Germany buy more American stuff. however, the US doesn't produce interesting enough stuff for Germany to buy. therefore, he wanted to force Germany to buy expensive liquid gas from the US. the US was/is pumping gas and oil in unprecedented quantities but Germany bought cheap Russian pipeline gas instead. then Trump wanted to have a free trade agreement with Germany. the chancellor had to inform the US president about the legal impossibility as only the EU can negotiate trade agreements for its members. Trump was unable to fathom this concept. all this and his absurd mafia views on NATO for member states having _to pay_ for their security and American protection lead to him completely falling out with Merkel. not that any other European leader fared any better with Trump. Macron tried to cosy up on him and pampered his ego with pomp and circumstance. in the end, even Macron had to concede that you cannot get on good terms with Trump unless you are a dictator.
You're right... I agree with Trump's view that NATO members should have a capable military themselves just in case (which would have been good as we've seen in Ukraine)
@@MorningNapalm Sry, I meant that it wouldn't have hurt to have more equipment ready and usable right now. We've sent a bit to Ukraine but our stockpiles are not that big and in case something happens we wouldn't even be able to do anything. Even more so now that we're supporting another country. Some weapon stocks are even diminishing and aren't in enough numbers to matter in a potential conflict.
Someone’s hurt and spreading misinformation because they don’t like that Trump was right about Germans buying gas from Russia. Germany was the one cozying up to Russia and Trump was the one try to get them to stop. No amount of Russiagate hoax misinformation can change that
@@StrongKickMan Very hard to balance indeed. Whenever Germany has become 'overpowered' things haven't gone well. They have themselves restricted investment in their own military for 80 years essentially because they haven't felt able to trust themselves to use military restraint.
@@ricardosilva-xz1ytbecause the average might not be representative of the period. For instance, in 2018 as pointed out on the video exports amounted to over 120 billion. So the statement "the average over the period was 57 billion" doesn't carry a lot of meaning. Better would be to state the initial value, the last value and the average growth per annum. 😁
Funny enough, I actually agree with both side’s criticisms. The US protectionism is stupid and hurts both economies, but Germany refusing to pull its weight in NATO while still expecting to be protected those who do is a problem
They are breaking up. Hell, I'd say USA-Vietnam relations are currently more healthy and closer then US-German relations. Vietnam has recently upgraded relations with the USA from a bilateral relationship to a Comprehensive Strategic relationship. Vietnam is currently the USA 10th largest trading partner while the USA is Vietnam's 2nd largest trading partner.
Germany and by extension EU is in serious trouble if it keeps on the current policy path. A country built on cheap energy, so the destruction of nordstream (by the US it seems) alongside the decommissioning of nuclear/fossil fuel plants was obviously going to have serious repercussions. Everyone agrees we need to reduce reliance on them but to go over a cliff edge like they've done is nothing short of reckless. Energy is life at the end of the day, and as the old saying goes "you can ignore reality but you can't ignore the consequences of ignoring reality" which Germany/EU will find out the hard way it seems.
Maybe on Russia, but as Germany makes money on export it needs to have a market for it's goods (when the US isn't always a reliable market) and China wanted German luxury goods, like expensive cars and other quality products. The US protectionism is part of reason why Germany (and Europe) have been looking towards China as an export market.
Definetly stupid, I'm glad the rest of the EU and the US have been giving them a lot of shit for this. However Trump is only the relationship between the EU and the US with punishment politics whilst the Biden-administration has virtually "fixed" the problems regarding trade and made Europe; a market of 600 million people WAY more dependent on the US. Yet americans believe bringing Trump back will be better for their economy. Short-sighted aswell
@@casperghst42 But the issue is that the US will work and always have some minor protectionism due to where it's located in the world. Having an Ocean between you changes your viewpoint. The US wants retain degrees of capability in the event that most of the western hemisphere is cut off from certain supplies and goods. Also China is trying to support it's poor social policies by mass production and dumping of goods onto foreign markets. China aims to control all it can just for China. The original goal was that China was changing course in the 90s and it was. But with their current president, he is taking advantage of the world's investment to preform a backstab. China doesn't want other countries in Asia(India, Vietnam, Singapore) to develop as competitors with them. China is also causing industries to be priced out and shut down in South America. China wants all of the advantages with none of the downsides.
And what does the US get in return from Germany? The US provides security and favorable trade deals, but what does it get in return? Hello? The video hasn't mentioned what the US receives in return. Why would the US give you a favorable trade deal?
Using the country as a mil. base Look up largest US airbase in Europe US is already using the country as a hub for their empire , what more do they want ?
Does the trade deficit also cover services or is it just about goods? Germany "imports" billions worth of US services from companies like Google, Microsoft, Amazon, or even Tinder.
I dont like agreeing with Trump on anything. And I doubt he really understands the topic. He still thinks tariffs are paid by the countries they are declared on .... But bilateral trade deficits ARE a highly problematic tactic. Germany has been using them on the rest of the EU very successfully for decades. Just because most people dont understand something doesn mean it cannot be used in economic warfare.
Trade deficits have tremendous strategic implications. Looking only at economic implications is misleading. Additionally, the European strategy of playing a zero sum game in building their soft power by attacking the US undermines any long term relationship, trade or otherwise.
Please don't use y-axes in your graphs which don't start at 0, unless absolutely necessary. It distorts the perception of the situation.
He forgot to go use that special symbol to signify a skipping of numbers
He's missing the zigzag that's used as an axis break to symbolise discontinuity. As a person with a statistics degree, I'm offended and my day is ruined.
soft manipulating information is the name of the game
@@CarpeDiem13xBut was this malice? Or a genuine mistake?
I’m thinking the latter
So basically, Trump was correct about most of his criticism of Germany
Can you please stop using hyperboles?
Every time Germany and France, the EU and UK, the US and Germany have their routine political issues TLDR's thumbnails are always as if there's a real diplomatic crisis.
Hyperboles and hysteria is what the Brits do. Brexit means Brexit.
They will answer you that it is mandatory for them to exists on youtube and get revenues.
But I agree with you, as a viewer I see it as disrespectful. I hate when serious channels do that.
Called clickbait
Well said, meets my observations as well. Must be the place on the fence.
@@mrsupremegasconI think it works in the short term but when viewers wise up to it, it gets annoying. I’m not even going to watch it, just went to see the comments
Deepening its military relationship with Japan, you say?
our true allies ;-)
Grow up.
And much more the Netherlanrs
Italy military cooperation coming soon????
Because of Taiwan. Japan is in jeapordy of being invaded by China as well. Not mainland Japan, but their islands near Taiwan. That is probably the main reason
So it’s not about buddying up at all. It’s about trying to correct for the failed Ostpolitik toward Russia, and partially China.
Wdym
yes, they must correct course or feel the wrath of uncle sam
NS2 was a warning not to "fail" again, biden needs his gas money
US EIA (government source)
export volume to germany
2023 - 204605
2022 - 7113
2021 - 0
@@brokkrep east politics, the idea was that trade and friendly relations would eventually thaw the issues in the east and turn Russia and China into free and fair countries over time, like how the east german wall fell, and east europe also joined the EU and NATO over time.
Lets not pretend other countries weren't misstaken about Russia.
And thats not even getting into the whole "end of history" nonsense
US EIA (government source)
export volume to germany
2023 - 204605
2022 - 7113
2021 - 0
Graphs that, without necessasity, don't start at "0", are very missleading
I think "very misleading" is an overstatement. It's only the people who don't know/understand the real quantitative side of graphs who are going to be mislead. Anyone who cares will look at the scale and find the actual numbers. I am sort of in agreement that "most people" or at least a large proportion of people are not observant enough or knowledgable enough to see the details, but I wouldn't say it's "very misleading" when the data is still presented completely correctly.
As an example of how this can become problematic, consider temparature. Most graphs of temparature will use degrees C (or F). Even if they start at 0, they are still not absolute scales, as temparature is a measure of average energy per particle, but 0 C or 0 F is not 0 energy per particle - it's an affine relationship. However, starting all of your weather graphs at 0 K would make any detail truly impossible to see at first glance - differences that are easily noticable to humans are not easily visible when they are on the order of 0.1% to 1% of the graph's scale.
This might seem like a very loosely connected tangent, but you can get similar things happening with economic statistics. For example, net profit may vary extremely slightly, but has a large effect on gross profit. So graphing net profit from 0 can completely hide the important details in a similar manner, which to me is similarly misleading.
Our German government has been pretty vocal that they want to be independent from the US in case Trump gets back into office, so I think the question is not "will Germany's moves be enough to save the relationship with Trump" but rather "how dependent are we on the US in case they are led by Trump again"
@@timschnitzel Very sensible standpoint to take. Cause Ironically Germany will be in such a scenario." A joint bastion of democracy ". Joint meaning without the others we are toast.
As an American, I can totally see this! Trump has been a shit stain on the world.
I don’t know why you all are so upset at Trump, he was literally right about everything in regards to Germany. Literally every criticism he had when he was president ended up being correct
@@Agtsmirnoff Which ones?
@@antoniopinto1579 What kind of fighter jets has Germany? US ones? We got the problem in the Netherlands that we've way too many US military equiptment. All of Europe needs to drop slowly all US arms and make our own. We gave our F16s to Ukraine, but if Trumps says we need to take them back, we've to take them back. We can't even use them if we're attacked and the US says no.
My country is small and there's no way we can do this on our own. With Germany we can. A collaboration between France, the Netherland, Germany and Sweden would be perfect. We already do that a little, but it needs to be much more. We all make tech we need.
We could be the boss of the US, because we've ASML chip technology the US desperately needs in the Netherlands. The whole world needs. it's incredible stupid we don't expand our own chipmaking too in the EU. We should have all the tech companies in Europe.
The trade deficit is an unreasonable concern. Germany has less than 4% of the land and only about a quarter of the population of the U.S. To "correct" the deficit, Germany would either have to sell fewer goods than the largest market demands or import significantly more than it actually needs-neither of which makes any sense
You must be owned by Russia because no normal person could be that clueless. The solution is Germany needs to buy less from hostile countries like China, Brazil, Turkey etc and buy the same products from the USA. It may be more expensive but it’s only fair. If not America has every right to tariff every good coming out of Germany.
@@HelloHi-g2uthis only makes sence if US followed the same standard. It doesn't, they buy a lot from China, Brasil and others.
@@ticklepickle7786You argument makes no sense as we are in a trade DEFICIT with every country you mentioned and Germany alike. Do you see how what you said makes nos sense?
@@HelloHi-g2u Not quite sure if you ever thought about it.. Countries (or government) rarely import stuff. People and companies do. When did the US start arguing against free trade? Start making products that people in Germany want to buy. Want to slap tariffs on them? Don't complain when US allies further distance themselves.
@@HelloHi-g2u And one more point: Your logic is beyond faulty. Want less trade deficits? Go buy American stuff. Nobody is forcing anyone to buy German products.
Interestingly this video acknoledges the different stances of the U.S. as part of their different leaderships, but the German side is talked about very homogenius, when in fact we have big antirussian and anti-U.S. streamings in the populace and the political parties. The whole relationship is way more complex than trade. The only reason for our current left leaning government to work so well towards the U.S. is the russian war in Ukraine.
The Germans are trying to asset strip the Ukraine, that´s why the backed Euromaiden, so that German mining companies can get all that lovely coal and agribusiness can get nice cheap grain.
Plenty of people are idiots and believe everything politicians and the press tell them. The Ukraine war isn´t little goody goody Ukraine versus big bad Russia, it´s much more like Dune than Lord of the Rings.
To be fair tho-
Russia is a dictatorial hellhole, and the US is 1 election away from a dictatorial hellhole.
Maybe we should just be Europeans for once and actually step up to show these clowns how it's done.
So as always trying to freeload
@@hiya2793 That would be quite the sight, the economic heart of the EU actually stepping forwards for once instead of poor Poland being the only one taking the two major threats to the continent seriously. Only took a crisis that anyone could have seen coming since at least 2014 for things to change.
the only "anti-american" streams are that in Eastern Germany and staunch left-wingers. The traditional "anti-Americans" are just around anti-woke, and the wokist are anti-American. The left-leaning parties like SPD and Greens are populists, who work well towards the US as a sort of additional lifeline and to point a finger to evil Russia instead of their own failed politics.
the graph presented at 0:18 is so distorted, while not starting at 0 and made it seems so like a gap is much bigger than it is in reality.
The guy frequently makes misleading statements. So it`s not surprising. For example "Germany hit the 2% target first time since the end of the Cold War". The 2% target-guideline was only introduced officially in 2014, literally just 10 years ago. It is a guideline not a rule. There was also a meeting of NATO defence ministers in 2006 where the guideline was introduced, but without a deadline at all and where the NATO members merely pledged that they will "work towards" the 2%. Only in 2014 after the Russian annexation of Crimea did this guideline became an actual target with a deadline by 2025. [ One can literally go on the NATO website to read this up ].
Framing that as if Germany didn`t meet the target since the end of the Cold War is so disingenous. It wasnt a proper guideline with a deadline until 10 years ago, and Germany, as it reached the 2%, has perfectly adhered to the agreement made in 2014. When Trump bullshitted about it starting in 2016, he kinda left out NATO members had 10 years and people ran with it.
@@Taldram To be fair, Germany (and Canada, my own nation, so don't accuse me of being biased in favour of Trump - I definitely am not) not reaching 2% since the Cold War is a factual (or non-factual, depending on ->) based on data. Whether or not it's an IMPORTANT factual statement is a different question. Trump sure likely thinks it is, or wants people to think he thinks it is.
Sure, they didn't have that guideline until 2014, but guidelines are usually made *after* they've become something people feel is important, not before. So how long has 2% been important, and why? And during the time where it was seen as important but not yet set in... Wood (rather than stone), why was Germany disagreeing and not reaching it on their own wherewithal? Other nations like Poland were meeting 2% for years, and IIRC doing so before the guideline was written. Probably because of the nations on their border.
@@Taldram Not even really bullshitted it then, by how you describe it. He left out that detail, but i dont think it really matters. Not when Russia has shown itself to be overtly aggressive since 1991, and that any strong ties with Russia is dubious at best. It also doesn’t change the fact Germany had been drawing down its military spending since the end of the Cold War, outpacing almost every other European nation in that respect. That said I remember him being more focused on lambasting Germany, and Europe in general, for being overly reliant on Russian energy. You can hate the man all you’d like, but he was right about these key geopolitical issues.
I believe it may already be too late. Volkswagen's struggles with electric vehicle innovation, especially when compared to Japan, China, and the U.S., along with the widespread presence of U.S. military bases and Europe's lack of technological independence-unlike China and the U.S. with their tech giants-make it unlikely for Europe and Germany to change course. It seems Europe and specially Germany will continue to rely on U.S. protection.
Or maybe, all of that forces Europe and Germany to change course.
How is japan ahead of germany in anything?
I agree that labour interests in the EU, along with isolationism of right and left-wing extremists of Europe wanting no part in protecting global democracy, along with the general fiscal conservatism of north-central European cultures... all of it will effectively collude toward a stagnant and ever-declining Europe. There's not a lot the US can do to help if the ROI of investing in Europe continually looks so unexciting.
The famous Japanese EV innovations 😂😂😂
The USA besides Tesla and japan are also behind in ev’s and don’t act like USA citizens aren’t more opposed to ev’s than Europeans or Chinese.
The USA doesn’t even allow Chinese ev’s because they are afraid, blocked huawei that will cost eu government a lot of € for 5g infrastructure ect
"Germany has also deepened its military ties with Japan" why do I feel like we've seen this movie before 🤔
Can’t say it ended well last time. I love both countries, but I can’t say they’ve had the best national security instincts over the last decade. Best they let their regional allies do the heavy lifting.
@moosejawrobinson I definitely agree that both countries should be focused on their own regional security concerns first and foremost but I would also say there is value in solidarity and partnership with like minded nations around the world especially in areas where interests and concerns overlap.
@@moosejawrobinson Maybe you miss that, but Trump has German roots.
@@chrisgeyer4002
"Like minded nations"
@@TheRezro oh I know the story- his grandfather fled to the US to avoid conscription in Bavaria. The apple hasn’t fallen far from the tree.
Why is the studio so dark? I keep catching myself wanting to up the brightness of my screen whenever the studio is shown...
Germany been buddying up since WW2. Nothing new here. And is not something of recently.
Uh, okay I've been practicing this...
ahem!
Yo bro, what's up? I'm him.
You're him? Damn, that's fire.
Fr?
I do want to say Trump was absolutely laughed at when he said Germany was controlled by Russia and they needed to cut down gas imports to get free. They weren’t laughing in 2023
Trump is a clown, performing in circus America
Yeah I laughed too when Putin has Trump in his pocket.
And now Germany is free.
@@dinmavric5504 so putin had trump in his pocket and was encouraging trump to encourage Germany to cut Russian gas imports to Germany???????
@@dinmavric5504 Putin never invaded Ukraine when Trump was in office. During Obama he did, and Biden he did. Try again.
The US biggest export is the US dollar.
Chyna has been printing like crazy
weapons
I don't think that counts.
@@devalapar7878 nobody wants rubble or your yuan
@@The-Cat The US sells a lot of weapons, that's true. But it is nowhere near their biggest export. The US exports mostly software, food, technology, medicine, materials and energy.
Additionally, if the US stopped selling weapons, others would fill the gap. The only difference would be that the quality is worse.
Why did you remove the lights behind yourselves , videos feels darker in recent clips.....
Energy bill is too damn high!
If there's one thing Trump did bad it was the trade war bs. People I know who preferred Trump during his 1st term that was pretty much the main thing that frustrated them about him. Especially the dumb trade war with China. It just hurt the US and consumers overall especially more so people who aren't as well off.
Draghi says that Europe is in crisis since losing its source of cheap energy (from Russia). "Someone" blew up Nordstream (unmentioned in this video). One might say that the unpopular Scholz government is desperate.
Mutti ❤
Trump trade deficit, Trump NATO 2%, Trump nordstream gas, Trump China, ALL painted in a bad light.
But it turns out Trump was right! Russia and China are unreliable trade partners, suddenly Germany feels the urge to re-arm itself, and were not for LNG imports Germany would be crippled.
The video goes to great lengths to avoid recognizing Trump was right all along.
4:38 "the war in ukraine gave Berlin a chance"... ja ja ja... there was no need for a "chance", the 2% spending was a comitment and requirement to being part of NATO. The script is used to mislead and deliver propaganda.
Was this an ad from kamala harris?
Country Needs to Protect its Allies...
Trump is objectively right though
Looks like Trump was 1000% right about German defense...
Bye bye america
In short: because it benefits the US (politically and economically) and because Germany (like most of Europe) doesn't have a strong leader - it has weak bureaucrats
There is a simple way to to fix trade deficit for US. You just need to print too many dollars (lower interest rate to zero or even beyond) and completely destroy US dollar as global reserve currency so people around world would like to get rid of losing value papers and exchange them on American made stuff because US becomes the only country that accepts US dollars and thus US will end up a net exporting country.
Germany has long been a disgrace and free riders off of the US
Problem is more that the US is too lazy & incompetent to properly run their colonies / vassal states
@@tk80mufa5 Bye bye america
2024 trade figures do not explain the shift, they are the result of the shift.
tariffs are passed to consumers and should be called taxes or some shit
1:21 wait what? Strengthened? Obama gave us the middle finger and caused the ultimate break of our former relationship. Look up the NSA wiretap scandal and the Obama's reply to the demand to a mutual no spy agreement between allies. Bush destroyed the illusion of America being a force for good, Obama turned it into our antagonist, Trump outright declared economic warfare on us and Biden stabbed us in the back in Afghanistan not even giving us 2 weeks notice of the withdrawal after the US had dragged us into that mess to begin with.
Germany is an European traitor. They will always choose money over European safety and decency. Every big decision they make, turns out to be a disaster for them and their surrounding. Their "leadership" inside of Europe is a laughable joke
Bye bye america
The thumbnail is contradicting the title of the video??
Very interesting!
The issue is not the bilateral deficit but Germany’s massive global trade surplus driven by Germany’s labor repression. This labor repression leads to very low consumption in Germany and drives its global trade surplus.
Never seen what is so bad with having a trade deficit with a fellow Western nation that holds the same fundamental values. With China? Okay, we don't want to fuel an adversary that stands against enlightenment principles and threatens democracies in some wolf-diplomacy crusade. However, a Western-aligned European nation being strengthened helps the US in the long-term by having a strong partner in the region that can contribute in their own way. It is right to criticize them for not picking up the slack in defense spending, but it's dumb to think the trade deficit is to our detriment.
What "fundamental values"? Genocide and oligarchy.
Germany decided in their infinite wisdom to both kill nuclear and become completely reliant on Russian energy, and are now having to come to terms with the fact that the US and Eastern European countries like Poland and the Baltics were right
Not thinking about the economy can't be right.
Russian cheap energy was a crucial component of Germany's prosperity for past decades. Without it, German industry would have been where it is now heading. Germans can now enjoy permanent recession and decline in living standards.
Gee it’s almost like we tried to warn you that Russia wasn’t your friend for years. And now that you’ve learned the hard way you’ve come crying back 😂
Bye bye america
The USA literally and consistently destroying the EU!
Germany is destroying EU
@@stasx6272 Bye bye america
Germans very upset the yanks blew the nord stream.
That was done by Ukraine special forces
@@pawelzybulskij3367 sponsered and facilitated by....
Making business with the partner's enemies while enjoying safety with the partner Germany is the definition of sick hypocrisy
@@pawelzybulskij3367"special forces"
@@pawelzybulskij3367 yeah the US
Angela Merkel is the best chancellor that Russia has ever had.
Gerhard Schröder entering the stage ;)
How Germany is getting its act together should be the headline
No mention of how OBAMA spied on Merkel?!
Very interesting
Go home ami
Germany is a US colony since 1945 lmfao
Well, Germany lost the war. Good that they are not enslaved.
@@stasx6272 Bye bye america
@@killer_of_americans We are staying dude :)
Germany is no longer an economic powerhouse.
Bye bye america
"Buddying up" fancy for word for "taken hostage" I love when the MSM tell us that either Russia blew up its co-owned pipeline or that some Ukrainian boomy boy did it all by himself... Everyone may responsible except for the regime that literally announced that they would destroy it so that it could sell its gas to Europe.
Here for the “however” count
Merkel loves to be the vassal of the US and Russia pretty much like Winston Churchill, instead of building an european defense capability, and become independent on foreign policy from the US they keep supporting Biden and the neocons against Trump how is the only American politician since Eisenaward that is giving an opening for Europe to have their own military force
Trump would not only make US-Germany relations worse, he would make US-Europe relations to the lowest point ever.
Scholz is a coward who kneecapped Germanys growth due to denuclearization and secretly wants Ukraine to lose due to wanting Russian gas back so the cdu and AfD don’t find a way to attack the Scholz cabinet for denuclearization and high energy prices
The way Germany is ruining itself at the wish of USA is really something to behold
Bye bye america
Germany a Slave of USA
Bye bye america
3:52 I don't get it. It seems to me that trump doesn’t want germany trading with america, but also doesn’t want them trading with china. Then who is germany supposed to trade with?
He wants them trading with America... specifically he wants the billateral deposit closed.
It's purely Trump VS Biden administrations attitude towards European partners. Here, I saved everyone a lot of watching time
When the tide goes down one can always tell who's swimming naked....
Symbol of currency goes after the number!
Because both are slaves to 🇮🇱
Trump is 100% correct on every point
Nah. Trump is embarrassing
@@RasmusWitzigI agree
However I do agree with Trump on his opinion on Germany AND the US role on the world stage. It's time for the USA to take on a more isolationist stance on the world stage in regards to foreign policy.
@@beasley1232 I don’t think so at all. But yes Germany (by the way, I am German) should have never built Nord Stream 2 and should have invest more in military. But the US shouldn’t be more isolated in their policy. They play such an important role in the world as the biggest democracy!
near 35 percent of America is your descendant Germany. We want you to have the ability to defend yourself and your jobs. We have to wait until November to see if we can help you more. If Germans are wanting more of there own domestic production, good for you guys! We don't want to see you have 38 percent unemployment ever again...
Ummm actually only 12% of American have German ancestry. That's about 43 million people.
In comparison, 13% of Americans are African Americans, that about 47 million people.
Another 11% of Americans are 1st or 2nd generation Mexican, that's about 39 million people in the USA.
And of course 10% of Americans are of Irish ancestry, or about 37 million Americans. 7.1% of Americans are of English ancestry, or about 21 million people. For comparison, 8% of Americans are Asian American or about 22-23 million people in the USA.
Where on earth did you get 35% from lol 🤣 or did you just make that up?
@@beasley1232 Bye bye america
Germany and Japan is actually a very interesting observation if you’ve been paying attention to US/Japan relations recently.
Prime Minister visited DC for the first time in 9 years purely to negotiate a deal for the biggest steel producer in the country. Biden and Trump have both said they aren’t leaning towards selling, for “national security” reasons.
It’s a *huge* deal, financially and in terms of potential return on investment.
I wouldn’t be surprised if Japan was a tad disrespected and let down if we indeed rejected their offer.
Not great, considering we’ve been harping on and on about how essential they are to our “free and open Indo-Pacific” policy.
So the US is mad that countries assert the role they chose as police of the world. The didn't protect and rebuild Europe out of goodness, they did it because it was better for them. And now some people in the US think it's a bad thing? We'll see what happens when no one is on their side.
What’s with the red and blue outlines in the pictures of people in the video? For example Joe Biden has a deeper blue than Shultz. Just something sort of strange.
Hey TLDR, governments don't trade, private companies do. Moreover, trade balances have nothing to do with the wealth of the citizenry, since the countries with the biggest trade deficits are rich. The countries with the biggest trade surpluses are also rich. This would only confuse you if you were ignorant of the first point.
“Trump became _obsessed_ with the idea that Germany was taking advantage of American generosity on defense and trade”
Narrator: “They were, in fact, taking advantage”
Sure but he was still obsessed with Germany.
@@USEismydreamnah he just called Europoos out, they still act offended over truth.
@@USEismydream his great-grandfather came from there 😂
ITS a two way street
Germany did freeload on defense
On energy imports too
Who blew up the Nord stream pipeline?
Volodomir Z.
Amerika!
Dont matter, no more ruski blackmail
Ukraine
The men might have been Ukrainian but we all know Ukraine wouldnt daré to do blew It Up without the US/UK permission
They are saying that Germany should higher their military spending 💀
That never was a real issue. Putin straight do not understand basic geopolitics.
@@TheRezro lol you really believe that?
@@hendrx Did he attacked Ukraine? Is he refusing to cut losses? Did Russia become Chinese slave at this point?
Putin was low tier pencil pusher. Assistant of recruiter in German embassy. Later Yeltsin taxi driver. His past superiors from KGB hold really low opinion about him. Describing as naive ideologist with limited understanding of economy and related systems. His strength was fanatical loyalty, which is why he was used as figurehead, until his superiors left and he become leader surrounded by Yesman.
All his success come from use of underhanded methods and ignorance of the West. Who did see him as useful leader of mafia state. Who only talk much. But not actual threat. Now it become clear that Putin truly reach level of Rasputin!
@@TheRezro if you really think Putin wasn't planning this attack for decades, you're kind of lost, the reason the sanctions aren't having effect is unlike the west, is he knows how to come prepared, Ukraine will be lucky to get any more help for germany in their financially sticky situation now that they don't get cheap gas.
@@hendrx Planing something for decades do not equal being competent. In fact the contrary considering the results. As whole thing is straight a joke in execution. Only clowns believe that Russia is winning. US straight outplay Russia on every level, despite it not being even they primary front.
It’s weird you haven’t mentioned the fact that Trump stopped nord stream and Biden give it a green light 🧐
The greenlight in blowing it up.
Focus on trade deficits from an economy perspective is so stupid. I’m going to buy some beer and steak right now. I’m not mad that the grocery store is not buying anything from me. In fact I’m very happy that 1) I have enough money to buy those things (who cares who gave it to me) 2) somebody else has conveniently created a store where I can buy those things at a reasonable price.
A protectionist or equal trade attitude would mean me either:
1) keeping cows and a small brewery at my house, or
2) go to the grocery store, and attempt to trade my services as a consultant, or maybe bring some clothing from my house to trade for the food.
I have 0 desire to do either of those, when I can instead just do my job for other paying clients, take that money and spend it with the place that is efficient and good at sourcing and selling food.
A blown up pipeline might be related 🤫
Ukraine did that
Where did they fall out of?
Why are you having such dramatic thumbnails, titles, fear mongering, normal communications between two countries.
Turn on the lights in the studio, please.
Lol why were buddying up: they loved playing the good guy and doing their own thing. Then they lost their supply of cheap energy and saw a military threat. They are once again good friends with the guy that is great at energy and military.
Wait. I thought Trump was pro-Russia? Why did he say it was a bad thing for Germany to be close to Russia? I thought he would see that as a good thing.
Not when it comes to energy and trade balance.
Its projection to deflect.
He knew Germany would not change course. His complaints were insincere.
@@calc1657 Wow, truly an evil mastermind playing 5D chess.
@thebristolbruiser Mastermind? No. Insincerity isn't evidence of a mastermind.
The 2% defence spending by Germany needs clarification, it ain't all military hardware & software.
It’s hilarious that any EU country accuses the US of being protectionist.
It is, but only shows that US is loosing its gripp on its imperium and subsidaries.
@@XynxNet europe must be in deep deep decline then
@@XynxNetto be fair, we’ve made the wealth of many countries thanks to our consumerism
US is without a doubt protectionist. Just look at the Jones Act from 1920 still in place today. Inflation Reduction Act, CHIPS act.
in Trumps skewed view he wanted to make Germany buy more American stuff. however, the US doesn't produce interesting enough stuff for Germany to buy. therefore, he wanted to force Germany to buy expensive liquid gas from the US. the US was/is pumping gas and oil in unprecedented quantities but Germany bought cheap Russian pipeline gas instead.
then Trump wanted to have a free trade agreement with Germany. the chancellor had to inform the US president about the legal impossibility as only the EU can negotiate trade agreements for its members. Trump was unable to fathom this concept.
all this and his absurd mafia views on NATO for member states having _to pay_ for their security and American protection lead to him completely falling out with Merkel. not that any other European leader fared any better with Trump. Macron tried to cosy up on him and pampered his ego with pomp and circumstance. in the end, even Macron had to concede that you cannot get on good terms with Trump unless you are a dictator.
👍
You're right... I agree with Trump's view that NATO members should have a capable military themselves just in case (which would have been good as we've seen in Ukraine)
@@xman7695 Well, Ukraine is not part of NATO, but apart from that I agree. Putin would never have attacked NATO directly.
@@MorningNapalm Sry, I meant that it wouldn't have hurt to have more equipment ready and usable right now. We've sent a bit to Ukraine but our stockpiles are not that big and in case something happens we wouldn't even be able to do anything.
Even more so now that we're supporting another country.
Some weapon stocks are even diminishing and aren't in enough numbers to matter in a potential conflict.
Someone’s hurt and spreading misinformation because they don’t like that Trump was right about Germans buying gas from Russia. Germany was the one cozying up to Russia and Trump was the one try to get them to stop. No amount of Russiagate hoax misinformation can change that
That is just not true!
The Romance on shaky grounds..hmm no brainer when eachother are in everyone elses bed😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Germany getting strongarmed into spending more on military aounds like an intro to a joke 🤣
well what you can say they got nerfed twice in a row, patch 1.9.18 didn't nerf them enough so when patch 1.9.45 rolls out they got nerfed to oblivion
@@waffle-waffle5416 Germany can only be weak or overpowered. Very hard to balance.
@@StrongKickMan Very hard to balance indeed. Whenever Germany has become 'overpowered' things haven't gone well. They have themselves restricted investment in their own military for 80 years essentially because they haven't felt able to trust themselves to use military restraint.
A Germany with a strong military, what could possibly go wrong :D (I am German)
Germany has increased their military spending only a little. They are still far off from the 2% margin. It seems like Germany has tricked Trump.
2:00 Averaging annual surplus exports over a period larger than 5 conscutive years is a bad idea.
Why?
@@ricardosilva-xz1ytbecause the average might not be representative of the period.
For instance, in 2018 as pointed out on the video exports amounted to over 120 billion.
So the statement "the average over the period was 57 billion" doesn't carry a lot of meaning.
Better would be to state the initial value, the last value and the average growth per annum. 😁
Funny enough, I actually agree with both side’s criticisms. The US protectionism is stupid and hurts both economies, but Germany refusing to pull its weight in NATO while still expecting to be protected those who do is a problem
Buddying up to the country that blew up your pipeline... 🤦
Germany was getting close to Russia, buying all their cheap oil… now that’s over and they need to find someone else. Bunch of hypocrites
Since when are relations between us and Germany strained?
There are no permanent friends, only permanent interests. The US interests is miles away from Gremany's interests
What do you mean? I don't know anything about Europe.
They both want to stop Chinase electric cars
US and Germany interests are not very different, methods they believe are different.
If the US and Germany's interests are miles away, then they are lightyears away from China's and Russia's
Are they becoming friends or breaking up????
They are breaking up.
Hell, I'd say USA-Vietnam relations are currently more healthy and closer then US-German relations. Vietnam has recently upgraded relations with the USA from a bilateral relationship to a Comprehensive Strategic relationship. Vietnam is currently the USA 10th largest trading partner while the USA is Vietnam's 2nd largest trading partner.
Trump had a decent foreign policy, a much needed shake up that would have taken much longer without him.
Germany and by extension EU is in serious trouble if it keeps on the current policy path.
A country built on cheap energy, so the destruction of nordstream (by the US it seems) alongside the decommissioning of nuclear/fossil fuel plants was obviously going to have serious repercussions. Everyone agrees we need to reduce reliance on them but to go over a cliff edge like they've done is nothing short of reckless.
Energy is life at the end of the day, and as the old saying goes "you can ignore reality but you can't ignore the consequences of ignoring reality" which Germany/EU will find out the hard way it seems.
Germany was dumb. All in on China and Russia. Short-term thinking.
Maybe on Russia, but as Germany makes money on export it needs to have a market for it's goods (when the US isn't always a reliable market) and China wanted German luxury goods, like expensive cars and other quality products.
The US protectionism is part of reason why Germany (and Europe) have been looking towards China as an export market.
@@casperghst42Yeah first let's see if they will survive the trade war with China.
@@casperghst42 It's only a matter of time before China makes a similar move to Russia.
Definetly stupid, I'm glad the rest of the EU and the US have been giving them a lot of shit for this. However Trump is only the relationship between the EU and the US with punishment politics whilst the Biden-administration has virtually "fixed" the problems regarding trade and made Europe; a market of 600 million people WAY more dependent on the US. Yet americans believe bringing Trump back will be better for their economy. Short-sighted aswell
@@casperghst42 But the issue is that the US will work and always have some minor protectionism due to where it's located in the world. Having an Ocean between you changes your viewpoint. The US wants retain degrees of capability in the event that most of the western hemisphere is cut off from certain supplies and goods. Also China is trying to support it's poor social policies by mass production and dumping of goods onto foreign markets. China aims to control all it can just for China. The original goal was that China was changing course in the 90s and it was. But with their current president, he is taking advantage of the world's investment to preform a backstab. China doesn't want other countries in Asia(India, Vietnam, Singapore) to develop as competitors with them. China is also causing industries to be priced out and shut down in South America. China wants all of the advantages with none of the downsides.
And what does the US get in return from Germany? The US provides security and favorable trade deals, but what does it get in return?
Hello? The video hasn't mentioned what the US receives in return. Why would the US give you a favorable trade deal?
Exactly.
Using the country as a mil. base
Look up largest US airbase in Europe
US is already using the country as a hub for their empire , what more do they want ?
@@TheMysteryDriver Bye bye america
Does the trade deficit also cover services or is it just about goods? Germany "imports" billions worth of US services from companies like Google, Microsoft, Amazon, or even Tinder.
What is that thumbnail??
America Germany is a new country or what? :D
America destroying the gas pipeline didn't help.
I dont like agreeing with Trump on anything. And I doubt he really understands the topic. He still thinks tariffs are paid by the countries they are declared on ....
But bilateral trade deficits ARE a highly problematic tactic. Germany has been using them on the rest of the EU very successfully for decades. Just because most people dont understand something doesn mean it cannot be used in economic warfare.
Trade deficits have tremendous strategic implications. Looking only at economic implications is misleading. Additionally, the European strategy of playing a zero sum game in building their soft power by attacking the US undermines any long term relationship, trade or otherwise.
there's no use to write comments which describe why .. those comments don't stay online