39-Years-Old European Guy Reacts : Why There is No Incentive To Work Hard Anymore

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  • Опубліковано 4 лис 2024

КОМЕНТАРІ • 51

  • @thomastuckermoondiamond2031
    @thomastuckermoondiamond2031 10 днів тому +15

    After 40 years working as a successful machinist/cnc programmer achieving master machinist I came to the conclusion that I wasn’t going to arrive at the American dream in Columbus Ga. So at age 54 after several years of trying to find ways out of my trap I just quit my job and joined the gig economy. Soon after getting good exercise and breathing fresh air in the sunshine from doing my new courier business my health improved. After not being around toxic coworkers everything else healed. After leaving my apartment which rent had doubled in the last eight years and rented a cabin in the woods I finally found peace of mind. I am definitely better off now than I was before. Only God knows my future. I hope He keeps doing good for me. I would say I make the same money now as I did in the machine shop without all the crap.

    • @turbosandtalks
      @turbosandtalks  10 днів тому +1

      Sounds good man! All the best for the future.

  • @mysticnomad3577
    @mysticnomad3577 9 днів тому +3

    I'm going to go by the name of THX - 139.
    I heard 138 was taken.

  • @michaellawson6533
    @michaellawson6533 10 днів тому +7

    It took me 24 years on the waiting list in Netherlands before I finally got my flat. Every winter I left to warmer countries like central America or Africa where I worked black or volunteered for food and lodging only. Every summer I returned, applied for social for the homeless and bided my time on the streets or in hiding to get some sleep. Its illegal to sleep outside and you get fined. Upon your 3rd fine you get locked up. What makes me bitter is that economic migrants get preference over nationals in the housing market. Such a waste of life and human potential.

    • @turbosandtalks
      @turbosandtalks  9 днів тому +1

      Didn’t even know you could get lock up for sleeping in the street.

    • @michaellawson6533
      @michaellawson6533 9 днів тому +3

      @@turbosandtalks Yes, and another sat on a bench in Vondelpark in Amsterdam sitting asleep and it was his 3rd time so off he went to prison. The only reason why I got my flat 3 years ago, far away in Brabant, was because I entered into the 55 plussers category.

    • @turbosandtalks
      @turbosandtalks  9 днів тому +2

      I left the Netherlands in 1994 and never returned coz of the « housing crisis ». I grew up in a rijtjeshuis, which are overpriced nowadays.

  • @yokiryuchan7655
    @yokiryuchan7655 10 днів тому +6

    Working as a plumber or a mechanic is not a simple job lol.

    • @turbosandtalks
      @turbosandtalks  10 днів тому +1

      No simple, but considered pretty « low class » where I am.

  • @vaunmalone3064
    @vaunmalone3064 9 днів тому +4

    Your English is excellent. Yes, self employment or a public job 😉 is the only way. Taxed to the hilt on everything. A bar of Lindor chocolates 5.50 here in Ireland.

  • @WhatsOnMyShelf
    @WhatsOnMyShelf 10 днів тому +2

    The reason why wages are not commensurate with the cost of living is because the corporate wage gap has grown significantly over the past fifty years. A person at the top can be earning 4000x more than an entry level position.
    Other companies then cater to this higher paying crowd for their housing. The available cheap housing then goes up in cost as the supply dwindles. I wonder if another 1848 movement could ever take hold of the masses.

  • @rationalirrationality5691
    @rationalirrationality5691 8 днів тому +1

    I make my own incentives to work hard

  • @ETfrogable
    @ETfrogable 12 днів тому +2

    7:30 True, but most of the spendings of the state in France is for the boomers and their retirement pensions, it makes up about 50 % of all the spendings of the state - which is HUGE. And as you have seen lately in the news in France, the boomers in France have in mind to increase the taxes INSTEAD of cutting down the spendings.
    For the boomers, by the boomers ! 🤔

  • @stateofmind9686
    @stateofmind9686 9 днів тому +1

    Since the Euro.
    2.5% inflation rate x 30 years= -70% purchasing power.

  • @HANZELVANDERLAAY
    @HANZELVANDERLAAY 9 днів тому +1

    Northern Italy..has flats for 7500 Euro..to buy....and with satellite Internet...witk anywhere....an hour from Switzerland...
    Be creative...theres always a solution for housing cheap

  • @AugustusOmega
    @AugustusOmega 10 днів тому +1

    you get a horse and cart, you live in the cart, you raise your family in the country side by the side of the road, no petrol costs just a little grass

    • @vaunmalone3064
      @vaunmalone3064 9 днів тому

      A horse and cart I wouldn't go that far. unless it was simply for fun 😊😂

  • @BunkySpewer
    @BunkySpewer 10 днів тому +1

    There are also more job scams out there as well. Not sure if is the same as in US and Canada where there are case worker check ins to see if you found a job yet or if you are on unemployment insurance or social assistance. Also, you have to be in school or participating in government approved agencies that always ask for surveys from those who work, underemployed, are laid off, needing help to find another job so they can have funding. Then you see more government funded programs for non-citizens than citizens and certain demographics. Somehow none of these work that well. Many people job hop and are desperate to find remote work etc. bc they are sick and tired of commuting so far with poor transit or traffic jams (even if the pay is ok enough) due to the increasing cost of rent and everything. Yet, and yet many companies and non-profits (especially with good funding) are expecting volunteers for positions that should be paid. More and more high schoolers resent mandatory volunteering as a graduation requirement when parents would rather their kids work for those 40 hours, get extra credit, use their time to study, or even do nothing.

    • @turbosandtalks
      @turbosandtalks  10 днів тому +1

      Thanks for commenting. Yeah, here as well, employers want only more and more for wages that have been stagnating since 2008 or so.

  • @aidanbrady2449
    @aidanbrady2449 9 днів тому +1

    The same in Ireland very high rent ect

  • @kalpetkoff
    @kalpetkoff 12 днів тому +4

    I have three businesses, and I work 18 hours a day 7 days a week. I do this all by my own. I don't complain...

    • @turbosandtalks
      @turbosandtalks  12 днів тому

      Can you get ahead by doing so? Thats the main question. Taxes in Bulgaria are way lower as well…

    • @kalpetkoff
      @kalpetkoff 12 днів тому +1

      @@turbosandtalks I pay 35% taxes. Since Covid it's been much harder. Real estate prices are ahead of European ones. Since Covid my business revenue is 20% of what it used to be.

    • @turbosandtalks
      @turbosandtalks  12 днів тому

      Do you make money on the Bulgarian market or are working remotely on other markets?

    • @kalpetkoff
      @kalpetkoff 12 днів тому +1

      @@turbosandtalks remotely on other markets. It's close to impossible to make money in Bulgaria. I mean money to give you satisfaction.

    • @maxchv7748
      @maxchv7748 10 днів тому +1

      @@kalpetkoff Isn't the corporate tax rate 10% in Bulgaria ? Maybe it depends on your business

  • @JaceFalcon
    @JaceFalcon 9 днів тому +1

    Just because youve figured out a way to make money while providing no value; is why those others just give up, and the low wages.

    • @turbosandtalks
      @turbosandtalks  9 днів тому

      Value is subjective. A barbershop provides 0 value for me, that doesn’t mean others won’t see some sort of value in it.

  • @WhatsOnMyShelf
    @WhatsOnMyShelf 10 днів тому +1

    8:00 You do not want everyone to be on social security. The political party who promises to string those along with a tiny living wage will secure the seat of power. It keeps everyone on a leash.

  • @1967MGC
    @1967MGC 10 днів тому +1

    I hung it up at 55 and had already invested in crypto during the crash of March 2020. A military pension here in Canada is decent, and it's indexed- LOL- to the CP-Lie. So, with the cost of living having gone up so much to kill the Canadian Dream, I convert my pension every month into income producing assets and the crypto exit from the legacy financial system. Crypto is my ultimate escape hatch should I want to bale from Canada. BTW, my grandpa bought a house in the Toronto area for $5000 and my Oma and Opa from the Netherlands also paid a pittance for their land and houses. For those who smartly re-allocate their crappy 'paper' money, there's still a chance to get ahead.

  • @perolagrande
    @perolagrande 9 днів тому +1

    I hear what you're saying, but it's not totally accurate, and full of conspiracy theories.
    Wages are determined by supply and demand. A company can't pay you more than the value of goods or services you produce - basic economics.
    You fail to account for people who work their way up, and achieve very high salaries. You have to stick at it, put in the effort and do the work, you don't get there in a month or two.
    Demand and supply can also work in the employee's favour. When it's difficult to recruit, a company will often attempt to hire someone from a competitor at a higher wage. This has happened to me, and plenty others. Plus, I got a substantial sign-on bonus for joining in addition to higher pay and perks.
    The core problem is people don't want to invest the time and effort in study/education/training to better themselves, but expect it all on a plate. If you leave school with few or no qualifications, then only entry level jobs will be available to you, most likely at minimum wage. You only get out of life what you put into it. There is no something for nothing.

    • @turbosandtalks
      @turbosandtalks  9 днів тому +1

      It all comes down to the system you are in. What you are saying is probably true in the US. In Russia for example, specialists are hard to find, not because they aren’t there, because wages are still crap. Companies want the skills but don’t want to pay for them. In France, to get 6 figures as an employee is almost impossible, even with 20 years of experience and plenty of valuable skills. The only way out is to start your own business.

  • @tone3817
    @tone3817 9 днів тому +1

    We are slave class..all by design. Greetings from England.

    • @turbosandtalks
      @turbosandtalks  9 днів тому +1

      I refuse to be a slave, f*ck them. Cheers from France.