You don't need immigration, You need to fix the tax system to allow more growth in the birthrate. Now we have 2 spouses working outside the home and ones paycheck pays for the childcare and groceries and the other for paying the mortgage and bills. Just insane.
Steve Diggle is a Renaissance man. In this day and age, it's so rare to be able to listen to people who have a deep knowledge of both the contemporary financial world and classic History.
This is the third episode of a three-part series. The first episode was released at 5PM EDT on 9/5, and the second episode was released at 5 EDT on 9/6. Watch the whole series in order here: ua-cam.com/play/PL2-78gs9nRfOlCVUxOGx5JTCn3tF0CmkN.html
Wanting to preserve your culture is not racism. It is a natural response to a lack of immigrant integration changing the familiarity that gives comfort. Abandoning a massive 28 country bureaucracy that has an absurd currency union is simply intelligent. The EU is doomed! Really enjoyed your video.
Japan doesn't have immigration, despite their increasing aging population. Their solution is to bring in temporary workers without a pathway to citizenship. I.e. bring jobs/skills in as needed, but don't increase long term cost of government with new citizens.
You're wrong about that....there are many immigrants in Japan (most of them are Koreans, Chinese, Filipinos and even Brazilians)...but Japan is picky when it comes to immigrants...they only want those who can fit in well with their culture...this is where Europe messed up...afraid of being called racists...Europeans would take in anyone who is physically strong enough to cross the Mediterranean who doesn't even have a passport
Their solution is automation. Japanese society is in decline same as others. They are just one or two steps ahead of us, due to zero-interest-Policy for 30 years now.
@@Leonardorussobr Yep I know that...they like the other immigrants in Japan have definitely blended well with Japanese society...they've definitely fit in rightly..that's why immigrants in Japan don't cause problems like those in Europe
The Japanese don't allow guest workers to become citizens and they never look at gaijin as Japanese. Even if you marry in, your half Japanese children are considered foreign. I've worked in Japan and China. Both are closed societies.
by far one of the best if not the best i have ever watched and wanted to listen throughout without any distraction covering all angles and incorporating the historical facts, i hope these guys go on to produce more of these videos
what we have here is literate, in-depth discussion of economic and cultural issues in a format that elevates and enriches. truly exceptional content that justifies the subscription. bravo!
Get more amazing videos like this on Real Vision Premium for only $1 for 3 Months here: rvtv.io/YTDollarPin No more waiting for the content to make it here weeks or even months after it was shot and no missing out on insights and information that move markets. Better yet.... No advertisements! Join today!
"Racism" means to have loyalty and solidarity to people of your own ethnicity. Why is this bad? And if most people feel this way, should this not be reflected in policy? Assuming Italy is a democracy?
Funny how he mentioned Brexit and this attracting racists who dont want immigration. Its now considered racist to not want to be a minority in your own homeland which will be the case in England in 40 or 50 years. They try and get around this by redefining what “English” is and that definition is anyone with a passport (so African, Indians, Pakistanis are now all English apparently). Hope the masses wake up soon before its too late.
Jack Daniel Unfortunately this has all come about due to government policies. They have 100% control over immigration and theyve allowed this to happen. 3 ways this can go down. 1 - Europeans do nothing and watch as their entire continent, heritage and people are displaced by African, Arabs, Pakistanis, Indians, etc and theyre now a hated minority in their own homelands. 2 - Mass repatriation and deportation of anyone from a non European background. 3 - Full out civil war, Balkan style ethnic cleansing.
Yes interesting 3-part series, but VERY thin when it comes to immigration. Guys you seem to value history so pls go look up the word "racist": who invented it, when and for what purpose? It was invented in 1930 by USSR's Leon Trotsky to ridicule and shame traditionalist Slavs who loved their culture and nations. I.e. in exactly the same way it is used now to stop debate and free speech and to belittle patriots. First the socialists destroy traditional values including family values, this makes women "free" (immoral and promiscuous) and then they steal peoples money making it very expensive having children, which in turn results in less than the approx 2.2 children/woman which is minimum to keep the population at a constant level. So instead of FIXING the problem - re-instating family values and letting people keep (more of) their own money - socialists and it seems economists along with them can only think of 'immigration' sponsored by the stolen money of the original population!? I am not impressed!
Correct on the word 'racist' in the 60s English dictionary there is no such word rather it was invented out of reactionary response with a combination of bigotry and racial ... bigotry is not necessarily a racial term and racial is simply a general reference.
14:30 No, Italy does not "need" immigration. Italy can solve its problems without importing people that will destroy the customs, culture, and traditions of Italy.
low skilled labour employment should compete with innovative technology ... the problem is that the 3rd World cant innovate and the West cant take up the slack quickly enough, not with backward cultural invasion ... power elite greed and NWO politics are not innovators ... but they forgot about the limited capacity of abundant food and the floored concept of pushing more elephants into the kitchen... the 3rd World meek shall not inherit the Earth, Nature will make the decision for us all.
Little said about the Italian economic outlook of any substance, but any interview done by Grant Williams is too notch! On another note... It’s unfortunate that all countries allow citizens grow up with the ideal that the country ‘owes them’. Every citizen should have the ideal that they determine the future and health of their own country. Allowing politicians into power that destroy their country makes no sense at all. Points: 1.) The wealth of a nation is determined by the wealth of its people. 2.) The inability of politicians to focus and conserve capital is the root evil of the destruction of all countries. 3.) A nation’s population needs to be stable, in that the birth rate needs to be higher than its death rate. Governments MUST focus on increasing birth rates, instead of immigration. Controlled immigration is better for the people of any given country. 4.) Giving political power to politicians the right to destroy your country is a dumb idea. The people in a democracy must reign supreme over politicians bent on destroying one’s nation. 5.) Vote like the future of your nation depends upon the tick you put on your ballot! More another time.
The economy of Italy and Europe as a whole would improve greatly if those immigrants that are on welfare are repatriated back to their country of origin. Productive people aid an economy, useless people drain an economy. The money saved should be used to encourage native Europeans to have more children through tax incentives and grants.
@Rocco Diciano : Just not in Italy. Italian businesses can choose who they want because their is mass unemployment. The cost of an immigrant to a business is significantly higher than a local who speaks the language and has family support in the community.
Another Italian/Roman battle worth reading is the Ethiopian battle of Adwa where the Italians did a similar thing and underestimated the African king and where absolutely destroyed in Africa’s first complete and decisive defeat of a colonial power. Never underestimate your opposition.
I got a base in Malta and the amount of Italians that have come for the jobs, it's crazy as the place is booming. Plus we got refugees coming from North Africa. It's like a dual invasion of sorts, and when the downturn comes, I wonder how it will play out. On predicting or planning out a possible trade in Italy, my advice it's like how we say in Malta, 'cultures come and go, but the land remains'.
What a great series! Although I feel more European than anything else, I totally recognize the challenges facing the Union. The way the Greek crisis was handled was shameful and did a lot of harm to the Union. That harm was compounded with the management of the immigration crisis. I really hope the leadership will step up its game for the coming economic crisis. The situation is likely to become so bad we will need political solutions. Politicians will not be able to hide behind central bankers and sit that crisis out.
Remember that high interest rates were in great part offset by high inflation. A higher rate of inflation in Italy, while much maligned in the past, is actually positive in many ways: Italians tend to be hoarders and highly risk averse, the high inflation actually forced velocity into a naturally sluggish economy. The other side of this hoarding mentality is the tax evasion and tendency to create excessive debt at the collective level, and here Inflation lowered the burden of debt. The deflationary scenario of the Euro days has effectively acted as a multiplier of all the endemic negative aspects of Italian economic biases. It made debts heavier, it encouraged hoarding even more, it caused wealth inequality to spiral out of control and killed the real estate market.
The thing about checking the tax status of luxury cars owners happened back in 2012 and only lasted a little while. The real reason you see fewer luxury cars on the road in Italy nowadays is that they are brutally taxed (there is an annual registration tax with a big surcharge for luxury cars... it almost killed the market). Also, you were not driving through the wealthiest part of Italy. Go to Emilia-Romagna and Lombardia to see supercars on the road.
Why do Germany and Italy need to increase their population through immigration? Perhaps the birth rate is falling because of the high taxes. Incentivise native Italians to have more children by offering tax breaks. Increasing automation in the near future means that there will be much higher rates of unemployment. Presumably, many of these African immigrants will still have to be financially supported by the State then.
marc z One of the reasons given for bringing in so many economic migrants from third world countries is because of falling birth rates. The UN published a document several years ago on the need for Replacement Migration for Europe
Beautiful country, but I see no way for Italy to sort out of crisis. If something bad will start in EU, this will be from Italy. Quite nothing about immigrations as I expected in this third part.
”Italy is not going away” I disagree. I think there is a very real possibility that Italy will break up in at least a northern & sounthern part. Don’t forget that Lega started as an independent movement for northern Italy.
It's Ignorant to say Racism in general. Race is a real issue. He knows the immigrants they are sending in are from low developed countries that have low IQ because of their physiology which stems from race. There is a bell curve and race plays an important role of people's abilities based on their biology. This guy is close but he is light years away
Interceptor V2 IQ based on race is scientifically proven with decades of research, just ignored by idealists such as yourself. If we continue to ignore abilities of people then this situation we put ourselves with accelerate
Great composition across the board. This trio of vids was so well done! It's almost like being there..Lens choice awesome. I guess when the roads all look that familiar.. (I have travelled those routes and they are amazing)
Weren't we told to have smaller families to decrease the population to take pressure of the environment? Now that we succeeded YOU are bring in foreigners.
There is enormous wealth in all European countries but usually due to conflicts, wars, corruption and bad or incompetent government results in lack of economic opportunities. According to Wikipedia, between 1861 and 1985, about 29 million Italians emigrated to other countries to earn a living, 16 million of them before the First World War. About 10 million returned to Italy and about 19 million permanently settled. In the 21st century due to the social-economic problems, especially among the youth, according to the Public Register of Italian Residents Abroad (AIRE), figures of Italians abroad rose from about 3.1 million in 2006 to 4.6 million in 2015. For many countries, immigration due to conflicts, wars, corruption and bad or incompetent governments resulting in lack of economic opportunities still appears to be continuing in the 21st century. It is interesting that Italy is now also a destination for immigrants rather than a major source of immigrants.
Due to robotics and AI the future is mass permanent unemployment. Every expert in the field is saying exactly the same thing. You're making the assumption that the future is going to similar to the past. It isn't. A revolution is coming that will change society forever at a very fundamental level. We may even see the revival of the artisan, of the crafts and skills of Italians of past eras. Work that is done from the sheer pleasure and craft in it. my comp keeps posting twice sorry.
Beautiful job. It must have taken a lot of extra effort to compose this series but it was well worth it. One improvement, instead of a Chianti by the pool, try a Montepulciano. Two thumbs up.
Most countries want immigration because of their aging populations. Somebody wrote this paper about Japan economy and they mentioned that with technology being so advanced robots will do most of the work and they dont require salaries or pensions. So in reality shrinking population is not as bad as it seems.
I live half the time in Italy, and I share your [clearly] tremendous love for the country. Your discussion was so very enjoyable that I am sharing this presentation. Well done!
The tax problem is worldwide. Some have come up with a solution with assurance contracts, crowd funding, but no country has yet taken the challenge of making it fiscal policy. Crowd fund the pothole fixing and see where it goes from there. 21st century fiscal policy. You do not know which public goods can't be crowd funded until you try. Also if its dominant assurance contracts its a new investment opportunity. No government needed but they need to allow it.
Ask again - was the 2008 crisis contrived? not conspiratorially - just actually - and taken in an even larger framework than that in which you are considering things..... How does currency work which does not have a monetary basis to it? Should that be called a mineral basis? How does QE effect what is going on?
Awesome video/documentary...but i don't quite understand the mentioning of an '8 mile' distance between north Africa and southern Italy by sea'...8 miles...really, that's way off...but maybe I'm nit-picking here :):):)
Can Italians please answer my question? How is the property market doing in cities like Milan? He said that credit has dried up, and I have heard that real estate is a function of interest rates, so price should be low right?
These two Guys have No idea what they are talking about, they spit out sterotypes. Prices in the centre of Milan continue to increase, despite Covid, the Porta Nuova district is one of the more expensive in Europe and has the higher per Capita income. BUT, you can buy property ay fairly decent prices in other nice areas of the city or in urban centres sorrounding Milan, which is very Well connected to all the rest of Lombardy.
But the immigration is a net deficit on the economy. How come this will save the economy? We know why birth rate is down. It’s because women use their 20ies on college and a “career” entry level job. Solution is to make women wait with college til after 30. Then they will have 1-3 children in their 20ies and maybe 1-2 in their 30ies. They can get their career from 30-67 years of age. That’s almost 40 years of a career. Nature haven’t changed. Women’s fertility drastically go down after 30.
Great video's guys. Great scenery and great conversation. Michael oliver says the dollar is going down . Rickards says dollar is going down. Kyle bass says says dollar up. Who's right. ???? Wait and see. !
This is really interesting stuff, and I want to hear it all, but the audio recording while they're driving is so muffled unfortunately...too bad, it's otherwise excellent
The “I haven’t seen any nice cars” bit was obviously a question planned in advance. I mean come on, random observation with a whole interesting and relevant back story of which the driver just happens to know all the details? :)
Has anyone studied the economic impact on the Italian economy of foreign millionaires living in Tuscan Villas? OK, so I'm being a bit facetious, but maybe that's the solution to Italy's economic problems: have 1 million millionaires and billionaires from China, Russia, Saudi Arabia, Brazil etc. build Tuscan villas and live there....
you don't need immigration to do the low skilled jobs you innovate with technology ... putting more hungry elephants in the kitchen is typical of poor leadership, sovereign nations have irrefutable nationalism, its a natural condition of human beings.... what is obvious is over complexity and making the wrong decisions, where simple solutions are available re Joseph Tainter.
What a great show. Let’s see how this plays out in other European countries. In Berlin pitch forks definitely get sharper by the minute. They want to freeze rents for the next 5 years. Let’s hope we are not all socialists by then.
Interesting to see that they avoided talking about the elephant in the room, China. Don't you think that China will offer to help Italy recover by offering to build a new infrastructure such as a deep water port large enough to accommodate Chinese war vessels, there by assuring themselves a foothold into Europe.
You don't need immigration, You need to fix the tax system to allow more growth in the birthrate. Now we have 2 spouses working outside the home and ones paycheck pays for the childcare and groceries and the other for paying the mortgage and bills. Just insane.
These three programs about Italy were tremendous. Well done!!
@@numap4701 The "Italians" genetic pool is made up of Northern European DNA. Ignoramus.
Wow, this was a great three-part series! Enjoyed all the history that was interwoven. Fabulous! More like this, please!
Steve Diggle is a Renaissance man.
In this day and age, it's so rare to be able to listen to people who have a deep knowledge of both the contemporary financial world and classic History.
This video is correct from the beginning until the end! This is journalism.
Is it correct? You don't need migration when you have unemployment.
Yes, this is journalism, you nailed it.
but is from 2018 and some things changed already
this is such a cool format. Great job guys!
This is the third episode of a three-part series. The first episode was released at 5PM EDT on 9/5, and the second episode was released at 5 EDT on 9/6. Watch the whole series in order here: ua-cam.com/play/PL2-78gs9nRfOlCVUxOGx5JTCn3tF0CmkN.html
Wanting to preserve your culture is not racism. It is a natural response to a lack of immigrant integration changing the familiarity that gives comfort. Abandoning a massive 28 country bureaucracy that has an absurd currency union is simply intelligent.
The EU is doomed!
Really enjoyed your video.
Wonderful video! Thank you for combining economics, history, tourism, culture, all with interesting dialogue. Excellent.
Japan doesn't have immigration, despite their increasing aging population. Their solution is to bring in temporary workers without a pathway to citizenship. I.e. bring jobs/skills in as needed, but don't increase long term cost of government with new citizens.
You're wrong about that....there are many immigrants in Japan (most of them are Koreans, Chinese, Filipinos and even Brazilians)...but Japan is picky when it comes to immigrants...they only want those who can fit in well with their culture...this is where Europe messed up...afraid of being called racists...Europeans would take in anyone who is physically strong enough to cross the Mediterranean who doesn't even have a passport
Their solution is automation. Japanese society is in decline same as others. They are just one or two steps ahead of us, due to zero-interest-Policy for 30 years now.
@@nolisarmiento1719 Most of Brazilians going to Japan are usually japanese descendents!!!
@@Leonardorussobr Yep I know that...they like the other immigrants in Japan have definitely blended well with Japanese society...they've definitely fit in rightly..that's why immigrants in Japan don't cause problems like those in Europe
The Japanese don't allow guest workers to become citizens and they never look at gaijin as Japanese. Even if you marry in, your half Japanese children are considered foreign. I've worked in Japan and China. Both are closed societies.
by far one of the best if not the best i have ever watched and wanted to listen throughout without any distraction covering all angles and incorporating the historical facts, i hope these guys go on to produce more of these videos
what we have here is literate, in-depth discussion of economic and cultural issues in a format that elevates and enriches. truly exceptional content that justifies the subscription. bravo!
I love these historical based reviews of socio-economic conditions in Europe. I hope you will do a lot of this series. Absolutely Wonderful.
Fantastic 3 part series. Thank you Steve Diggle, Grant Williams and the filming crew.
Get more amazing videos like this on Real Vision Premium for only $1 for 3 Months here: rvtv.io/YTDollarPin
No more waiting for the content to make it here weeks or even months after it was shot and no missing out on insights and information that move markets. Better yet.... No advertisements! Join today!
"Racism" means to have loyalty and solidarity to people of your own ethnicity. Why is this bad? And if most people feel this way, should this not be reflected in policy? Assuming Italy is a democracy?
Funny how he mentioned Brexit and this attracting racists who dont want immigration. Its now considered racist to not want to be a minority in your own homeland which will be the case in England in 40 or 50 years. They try and get around this by redefining what “English” is and that definition is anyone with a passport (so African, Indians, Pakistanis are now all English apparently). Hope the masses wake up soon before its too late.
Yeah agreed, racism is overused these days. Just wanting to keep England English is considered racist.
Jack Daniel Unfortunately this has all come about due to government policies. They have 100% control over immigration and theyve allowed this to happen. 3 ways this can go down. 1 - Europeans do nothing and watch as their entire continent, heritage and people are displaced by African, Arabs, Pakistanis, Indians, etc and theyre now a hated minority in their own homelands. 2 - Mass repatriation and deportation of anyone from a non European background. 3 - Full out civil war, Balkan style ethnic cleansing.
notice how to become israeli you have to be jewish (by dna test). the rest of us ANYBODY can become a western citizen. its all deliberate
2 and 3 are where this is headed. european will CLEAN HOUSE.
Yes interesting 3-part series, but VERY thin when it comes to immigration. Guys you seem to value history so pls go look up the word "racist": who invented it, when and for what purpose?
It was invented in 1930 by USSR's Leon Trotsky to ridicule and shame traditionalist Slavs who loved their culture and nations. I.e. in exactly the same way it is used now to stop debate and free speech and to belittle patriots.
First the socialists destroy traditional values including family values, this makes women "free" (immoral and promiscuous) and then they steal peoples money making it very expensive having children, which in turn results in less than the approx 2.2 children/woman which is minimum to keep the population at a constant level.
So instead of FIXING the problem - re-instating family values and letting people keep (more of) their own money - socialists and it seems economists along with them can only think of 'immigration' sponsored by the stolen money of the original population!?
I am not impressed!
Correct on the word 'racist' in the 60s English dictionary there is no such word rather it was invented out of reactionary response with a combination of bigotry and racial ... bigotry is not necessarily a racial term and racial is simply a general reference.
It's not racist to want to keep your traditional demographics. These nutty Euros need to figure that out.
Nutty Euros? lol! The USA takes more immigrants than the EU! And many countries in the EU don't have any!
Only when viewed through the lens of the revolutiony left who will seek to replace Western Civilization with Islam.
Isolation is sign of weakness 🤔
14:30 No, Italy does not "need" immigration. Italy can solve its problems without importing people that will destroy the customs, culture, and traditions of Italy.
low skilled labour employment should compete with innovative technology ... the problem is that the 3rd World cant innovate and the West cant take up the slack quickly enough, not with backward cultural invasion ... power elite greed and NWO politics are not innovators ... but they forgot about the limited capacity of abundant food and the floored concept of pushing more elephants into the kitchen... the 3rd World meek shall not inherit the Earth, Nature will make the decision for us all.
italy for italians!!!!!!!!!!!!
Europe is a nationalist region, it's not racism to not want to be replaced.. @36:00
Little said about the Italian economic outlook of any substance, but any interview done by Grant Williams is too notch! On another note...
It’s unfortunate that all countries allow citizens grow up with the ideal that the country ‘owes them’. Every citizen should have the ideal that they determine the future and health of their own country. Allowing politicians into power that destroy their country makes no sense at all.
Points:
1.) The wealth of a nation is determined by the wealth of its people.
2.) The inability of politicians to focus and conserve capital is the root evil of the destruction of all countries.
3.) A nation’s population needs to be stable, in that the birth rate needs to be higher than its death rate. Governments MUST focus on increasing birth rates, instead of immigration. Controlled immigration is better for the people of any given country.
4.) Giving political power to politicians the right to destroy your country is a dumb idea. The people in a democracy must reign supreme over politicians bent on destroying one’s nation.
5.) Vote like the future of your nation depends upon the tick you put on your ballot!
More another time.
The economy of Italy and Europe as a whole would improve greatly if those immigrants that are on welfare are repatriated back to their country of origin. Productive people aid an economy, useless people drain an economy. The money saved should be used to encourage native Europeans to have more children through tax incentives and grants.
*Cheap labour.
Businesses can find a mass of natives that would work for a decent wage.
@Rocco Diciano : Just not in Italy. Italian businesses can choose who they want because their is mass unemployment. The cost of an immigrant to a business is significantly higher than a local who speaks the language and has family support in the community.
Another Italian/Roman battle worth reading is the Ethiopian battle of Adwa where the Italians did a similar thing and underestimated the African king and where absolutely destroyed in Africa’s first complete and decisive defeat of a colonial power. Never underestimate your opposition.
Beautiful narrative and very precise picture of my country.
I got a base in Malta and the amount of Italians that have come for the jobs, it's crazy as the place is booming. Plus we got refugees coming from North Africa. It's like a dual invasion of sorts, and when the downturn comes, I wonder how it will play out.
On predicting or planning out a possible trade in Italy, my advice it's like how we say in Malta, 'cultures come and go, but the land remains'.
What a great series! Although I feel more European than anything else, I totally recognize the challenges facing the Union. The way the Greek crisis was handled was shameful and did a lot of harm to the Union. That harm was compounded with the management of the immigration crisis. I really hope the leadership will step up its game for the coming economic crisis. The situation is likely to become so bad we will need political solutions. Politicians will not be able to hide behind central bankers and sit that crisis out.
Remember that high interest rates were in great part offset by high inflation. A higher rate of inflation in Italy, while much maligned in the past, is actually positive in many ways: Italians tend to be hoarders and highly risk averse, the high inflation actually forced velocity into a naturally sluggish economy. The other side of this hoarding mentality is the tax evasion and tendency to create excessive debt at the collective level, and here Inflation lowered the burden of debt. The deflationary scenario of the Euro days has effectively acted as a multiplier of all the endemic negative aspects of Italian economic biases. It made debts heavier, it encouraged hoarding even more, it caused wealth inequality to spiral out of control and killed the real estate market.
The thing about checking the tax status of luxury cars owners happened back in 2012 and only lasted a little while. The real reason you see fewer luxury cars on the road in Italy nowadays is that they are brutally taxed (there is an annual registration tax with a big surcharge for luxury cars... it almost killed the market). Also, you were not driving through the wealthiest part of Italy. Go to Emilia-Romagna and Lombardia to see supercars on the road.
brilliant format!!!! love it.
Please do more of this types of videos, this the best series I've seen by far.
I can not agree more with your opinions, Mr. Diggle! Brilliant interview!
Why do Germany and Italy need to increase their population through immigration? Perhaps the birth rate is falling because of the high taxes. Incentivise native Italians to have more children by offering tax breaks.
Increasing automation in the near future means that there will be much higher rates of unemployment. Presumably, many of these African immigrants will still have to be financially supported by the State then.
Maura Viertel
Why do u need to incentivize anyone to have children?
marc z One of the reasons given for bringing in so many economic migrants from third world countries is because of falling birth rates. The UN published a document several years ago on the need for Replacement Migration for Europe
Thx real vision for bringing real stuff to the world!
Why doesnt Italy try harder to get its diaspora from other countries like Argentina?
he actually caled the Pantheon the Parthenon. Enough said.
Erik Thaddeus Walters well said carissimo
Beautiful country, but I see no way for Italy to sort out of crisis. If something bad will start in EU, this will be from Italy.
Quite nothing about immigrations as I expected in this third part.
EU does not offer any real solution to most of the member states.
Loving This! 💜 Thank You!!
Fantastic series of interviews! Congratulations for this awsome work.
Wonderful series. Thank you.
”Italy is not going away” I disagree. I think there is a very real possibility that Italy will break up in at least a northern & sounthern part. Don’t forget that Lega started as an independent movement for northern Italy.
Excellent informative video series.
Just one thing...
“Phenomena” is *plural* ...
the *singular* is “phenomenon”.
"This time it's different." Every generation says that, and history is mostly forgotten. Learn from history!
Only one mistake, I think they are in the only Coffee shop in Italy that you can't get a cappuccino after 12:00.
It's Ignorant to say Racism in general. Race is a real issue. He knows the immigrants they are sending in are from low developed countries that have low IQ because of their physiology which stems from race. There is a bell curve and race plays an important role of people's abilities based on their biology. This guy is close but he is light years away
Interceptor V2 IQ based on race is scientifically proven with decades of research, just ignored by idealists such as yourself. If we continue to ignore abilities of people then this situation we put ourselves with accelerate
Great composition across the board. This trio of vids was so well done! It's almost like being there..Lens choice awesome. I guess when the roads all look that familiar.. (I have travelled those routes and they are amazing)
29:50 this is interesting in light of the immanent recession in germany and the end of QT in the US.
@Bolaji Windapo QT ended a few weeks ago. The fed is back to buying treasuries, $11B last week.
Weren't we told to have smaller families to decrease the population to take pressure of the environment? Now that we succeeded YOU are bring in foreigners.
Molto Nemici, Molto Onore.
*FINO ALLA VITTORIA!*
Yes, Trasimeno was a catastrophe. What happened then? The Phoenicians Were obliterated, you could argue that they are now Lebanese.
Where have you bin all my life. I love this channel
There is enormous wealth in all European countries but usually due to conflicts, wars, corruption and bad or incompetent government results in lack of economic opportunities. According to Wikipedia, between 1861 and 1985, about 29 million Italians emigrated to other countries to earn a living, 16 million of them before the First World War. About 10 million returned to Italy and about 19 million permanently settled. In the 21st century due to the social-economic problems, especially among the youth, according to the Public Register of Italian Residents Abroad (AIRE), figures of Italians abroad rose from about 3.1 million in 2006 to 4.6 million in 2015.
For many countries, immigration due to conflicts, wars, corruption and bad or incompetent governments resulting in lack of economic opportunities still appears to be continuing in the 21st century. It is interesting that Italy is now also a destination for immigrants rather than a major source of immigrants.
Excellent series of videos. Thank you
Great work!
Great topic, great series, great job guys 👏
Due to robotics and AI the future is mass permanent unemployment. Every expert in the field is saying exactly the same thing. You're making the assumption that the future is going to similar to the past. It isn't. A revolution is coming that will change society forever at a very fundamental level. We may even see the revival of the artisan, of the crafts and skills of Italians of past eras. Work that is done from the sheer pleasure and craft in it.
my comp keeps posting twice sorry.
Yes, I assume there was no helicopter pilot needed for their drone shots of the Tuscan countryside.
Sensational three-parter. Just fascinating. Did RV do any other similar features?
It sounds to me as though Italy has had enough cultural enrichment
Beautiful job. It must have taken a lot of extra effort to compose this series but it was well worth it. One improvement, instead of a Chianti by the pool, try a Montepulciano.
Two thumbs up.
Most countries want immigration because of their aging populations. Somebody wrote this paper about Japan economy and they mentioned that with technology being so advanced robots will do most of the work and they dont require salaries or pensions. So in reality shrinking population is not as bad as it seems.
But at that point, who is more important, people, or the machines? Japan has an astronomically high rate of depression and suicide.
I live half the time in Italy, and I share your [clearly] tremendous love for the country. Your discussion was so very enjoyable that I am sharing this presentation. Well done!
Wonderful presentation, intelligent conversation. Thank you very much.
Thank you for your valuable insight
Thank you. A world I've never investigated.
Great.
Amazing piece of work absolutely gorgeous more like this
The tax problem is worldwide. Some have come up with a solution with assurance contracts, crowd funding, but no country has yet taken the challenge of making it fiscal policy. Crowd fund the pothole fixing and see where it goes from there. 21st century fiscal policy. You do not know which public goods can't be crowd funded until you try. Also if its dominant assurance contracts its a new investment opportunity. No government needed but they need to allow it.
This is not good. This is spectacular! Thanks a lot. More please.
I watched a show that said the same people (families ) that ruled Italy 600 years ago still rule it today.
Rome lost that one battle, but Hannibal-lost the war! Keep that in mind!
I would love to see a three parter on each of the countries in the European Union.
This was awesome!
Ask again - was the 2008 crisis contrived? not conspiratorially - just actually - and taken in an even larger framework than that in which you are considering things.....
How does currency work which does not have a monetary basis to it? Should that be called a mineral basis? How does QE effect what is going on?
Brilliant video.
The only people who can afford to have more that 2 children are either rich or poor. The rich have the money and the poor are handed the money.
Awesome video/documentary...but i don't quite understand the mentioning of an '8 mile' distance between north Africa and southern Italy by sea'...8 miles...really, that's way off...but maybe I'm nit-picking here :):):)
Would love a follow-up of the sort that addresses the new governments immigration agreement with the EU, thanks
Can Italians please answer my question? How is the property market doing in cities like Milan? He said that credit has dried up, and I have heard that real estate is a function of interest rates, so price should be low right?
These two Guys have No idea what they are talking about, they spit out sterotypes. Prices in the centre of Milan continue to increase, despite Covid, the Porta Nuova district is one of the more expensive in Europe and has the higher per Capita income. BUT, you can buy property ay fairly decent prices in other nice areas of the city or in urban centres sorrounding Milan, which is very Well connected to all the rest of Lombardy.
Italian Banks. Look at Unicredit's share price. Over 800 Euros a share down to 20.
An exceptional video.
Steve Diggie has the voice of a evil villain in a James Bond movie , great voice
Grant Williams come too Treviso I'll show you around lived here 15 years
But the immigration is a net deficit on the economy. How come this will save the economy? We know why birth rate is down. It’s because women use their 20ies on college and a “career” entry level job. Solution is to make women wait with college til after 30. Then they will have 1-3 children in their 20ies and maybe 1-2 in their 30ies. They can get their career from 30-67 years of age. That’s almost 40 years of a career. Nature haven’t changed. Women’s fertility drastically go down after 30.
just a few day ago I read this very smart quote that goes: Italy is a poor country with rich citizens.
Great video's guys. Great scenery and great conversation. Michael oliver says the dollar is going down . Rickards says dollar is going down. Kyle bass says says dollar up. Who's right. ????
Wait and see. !
Beautiful show
This is really interesting stuff, and I want to hear it all, but the audio recording while they're driving is so muffled unfortunately...too bad, it's otherwise excellent
great podcast
More of this please.
The “I haven’t seen any nice cars” bit was obviously a question planned in advance. I mean come on, random observation with a whole interesting and relevant back story of which the driver just happens to know all the details? :)
Has anyone studied the economic impact on the Italian economy of foreign millionaires living in Tuscan Villas? OK, so I'm being a bit facetious, but maybe that's the solution to Italy's economic problems: have 1 million millionaires and billionaires from China, Russia, Saudi Arabia, Brazil etc. build Tuscan villas and live there....
I’m Norwegian. Look like a Viking. If I move to China 🇨🇳. Will you call me Chinese?
you don't need immigration to do the low skilled jobs you innovate with technology ... putting more hungry elephants in the kitchen is typical of poor leadership, sovereign nations have irrefutable nationalism, its a natural condition of human beings.... what is obvious is over complexity and making the wrong decisions, where simple solutions are available re Joseph Tainter.
Very Interesting.
Steven Paul Zehler
Trenton, New Jersey, USA
Some of them don't go to school . They children don't like to farming job .
Like Greece Italy has a great past but now both countries are basket cases.
What a great show. Let’s see how this plays out in other European countries. In Berlin pitch forks definitely get sharper by the minute. They want to freeze rents for the next 5 years. Let’s hope we are not all socialists by then.
should be concerned with available currency... and what the banks are doing.
Interesting to see that they avoided talking about the elephant in the room, China. Don't you think that China will offer to help Italy recover by offering to build a new infrastructure such as a deep water port large enough to accommodate Chinese war vessels, there by assuring themselves a foothold into Europe.