Why American Cities Are Broke.. (American Reacts)

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MoreJps

MoreJps

12 днів тому

Thank you so much for watching!
🔴Other Channel: ItsJps - / itsjps
🤝INSTAGRAM: @itsjpsyt
Where should we go next? 🌏❓

КОМЕНТАРІ: 148
@emuman1
@emuman1 11 днів тому
You should watch the whole Strong Towns series from Not Just Bikes since this video is the third chapter from it. He has a playlist called 'Strong Towns' on his channel so you can watch the whole series in order.
@yoshiclubcaptainfeerick7750
@yoshiclubcaptainfeerick7750 11 днів тому
Great channel
@Tyrisalthan
@Tyrisalthan 11 днів тому
Yes, definately watch them all in order. There is not too many videos in this series , 5 in total if I remember correctly. You even get to hear more about that second class taco joint you liked in this video!
@jasoncallow860
@jasoncallow860 11 днів тому
FYI Apple pie was invented before Europeans reached America :D There is an English apple pie recipe from 1381. I've always found the phrase "as American as apple pie" really strange given that it didn't originate in America.
@tonchrysoprase8654
@tonchrysoprase8654 11 днів тому
OTOH, there's nothing more American than claiming other people's inventions (see automobile, flight), so I guess it checks out.
@silviamunoz6863
@silviamunoz6863 11 днів тому
I think it is like to think "as Italian as pasta". Marco Polo took the pasta from Asia and became a national thing. I'd say it's "officialized" culture appropriation.
@thomasfranz6467
@thomasfranz6467 11 днів тому
I personally have never in my life heard apple pie be associated with America, so I was really surprised when he said that lol
@art3mide644
@art3mide644 10 днів тому
@@silviamunoz6863 The pasta imported from China by Marco Polo is a legend. The first traces of a food similar to the current product date back to 1,000 BC. Greeks and Etruscans created the first types of pasta. It is believed that between 200 AD. and in the year 1000 macaroni was born in Trabìa (Sicily), near Palermo. "culture appropriation" sta minch1a!
@art3mide644
@art3mide644 10 днів тому
@@silviamunoz6863 culture appropriation 😂 The pasta imported from China by Marco Polo is a legend. The first traces of a food similar to the current product date back to 1,000 BC. Greeks and Etruscans created the first types of pasta. It is believed that between 200 AD. and in the year 1000 macaroni was born in Trabìa (Sicily), near Palermo.
@LutzAlbrecht-Mylenium
@LutzAlbrecht-Mylenium 11 днів тому
Pretty much sounds like the typical American approach where only short term solutions matter. There also seems to be a clear lack of regulations and supervision. There's all sorts of authorities getting involved with such stuff here in Germany from environmental regulation to building codes to the government controlling public spending. It's by no means always perfect and many cities struggle with their finances as well, but I don't think it is nowhere near as severe.
@michalandrejmolnar3715
@michalandrejmolnar3715 11 днів тому
The thing with US suburbs is they're a product of overregulation, like minimum parking requirements, no mixed-use zones, minimum lot and front lawn sizes, house to lot ratios
@duncanalmond7880
@duncanalmond7880 11 днів тому
Jps, hi ... it goes against my nature to respond as I'm about to, but sometimes things need to be said, LOL. You produce, in my opinion, some of the best reaction videos to be enjoyed on UKposts. Whether it be politics, culture, comedy, law, economics .... you respond in a way that is as interesting as the things you review (remember, most people have never seen the videos you review either). You listen, you watch, you absorb ..... BEFORE you speak. And what's most apparent (in my opinion) is the fact that you 'think'. There's much more that I could say, but long responses are not that popular here. And whilst you love your country, I'm sure, I can't help hoping that your future lies outside its boundaries .... Bravo!
@theluckyguy6703
@theluckyguy6703 11 днів тому
This video has an amazing part 2 (part 4 of the strong town series). It's absolutely worth watching
@elmarwinkler6335
@elmarwinkler6335 11 днів тому
Now I am almost happy for paying taxes (all sort of taxes), high taxes, in Germany. Because the governments pays with it for all sorts of things, like schools, university, hospitals and so forth. If you want to live in a community you have to put in your share. Sadly a lot of our so called leaders (in politics and industry) follow the "american lead" profit at all costs. I am proud to say, that I took the chance and became a share holder of German infrastructur, to help maintenace on the Autobahn, reststops, building new poweroutlets for electrical cars. If we all work together and for each other, we can achieve a lot. The oh so praised "individualism" is a nice word for egomania. You my friend, be safe. Elmar from Germany
@jonathanwetherell3609
@jonathanwetherell3609 10 днів тому
If you want to see what happens when you are governed by the right, focusing on the individual and tax cuts for the rich, come to the UK, especially England. Gluck Auf!
@elmarwinkler6335
@elmarwinkler6335 10 днів тому
@@jonathanwetherell3609 I would be happy, if the GREEN party would win, BUT to many conservative thinking people here. Good luck to you,
@taranvainas
@taranvainas 11 днів тому
The future of the USA is worrying. It is as if Americans do not know how to live, and no one there is willing to be inspired by other models of society that work much better in the world. And I am referring, of course, to what we call advanced democracies. And unfortunately they seem to be at a dead end, because the changes they need seem impossible. The Republicans have managed to shape the country to their convenience and they will never want anything to change. Perhaps it is too late to right the failed course. In order to change, it is essential to have the will to change, and the average American believes that they live in the best country in the world...
@xxxLUKRASsxxx
@xxxLUKRASsxxx 11 днів тому
i have seen lots of american shorts in the last days and all of them were crying about biden giving millions to ukraine while the average american is financially struggling. The comments were almost exclusivly about lowering the taxes... like come on poeple, healthcare, suburban sprawl, military spending, foodstamps for wallmart employees(why has the state to basicaly pay walmarts employes?) There are so many mechanisms in the USA that redirect the money into the hands of the few rich people but it seems like nobody there cares about them.
@evanflynn4680
@evanflynn4680 9 днів тому
In some cities they're making slow improvements, like getting rid of the R1 zoning, which restricted land use in residential areas to only allow single family homes to be built. They're still behind on the idea of transit oriented development, mostly because they think public transport is only for poor people. Some exceptions like New York, with their subway system being the main way a huge amount of their citizens get around the city. And not to focus on northern cities, the southern cities that didn't destroy their street car systems are doing much better than their car centric contemporaries.
@taranvainas
@taranvainas 9 днів тому
@@evanflynn4680 A country with a two-party system in which one of the two parties does not even believe in democracy has a very difficult solution. One of the two parties tries to improve things and the other only works to hinder it, despite being a minority. Filibustering, voter suppression, changes to the electoral map... It's crazy. In the last 25 years, Republicans have won the popular vote only once, yet they have governed more than half of that time. They control the Supreme Court, and will continue to do so for a long time, since they renew their members only when they die of old age. An atrocious educational system that only benefits them. An almost total dehumanization of those most in need, the weakest. A country terrified at the idea of getting sick and not being able to pay the bills. A country where you are nobody if you don't have a good house, a good job and a good car. A country where your children may not return home from school. The vast majority of citizens continue to think that they are in the best country in the world, because they have no idea what that world is like outside their borders. Ignorance is the fuel of the Republican Party, which is why they will never be willing to solve it. The solution should have started much earlier. There are more and more frequent videos on UKposts of disenchanted Americans who feel deceived and discover to their astonishment that in Europe we do not live in a socialist or communist hell, but quite the opposite: that we enjoy much more freedom than them and that our countries, any of them, is a much better place to live than that USA that is dying day by day.
@durabelle
@durabelle 9 днів тому
There are always some smaller changes that can be made over time to start replacing the current American suburbs with more efficient European types without doing anything too drastic. For example replacing some of the single family houses with somewhat bigger apartment buildings, or maybe English style terraced houses. These houses will have less empty land around them, so more tax payers in the same area that only used to house a handful. No need to demolish houses for this specifically, just begin with the older houses when they start falling apart and need to be re-built anyways. Start adding bus stops near these new more concentrated areas, and make sure the bus scedules and routes actually serve the people living in the area in a way that they won't need a car to access everything they need. Plan for small cornershops on the street level with apartments above, and same for coffee shops and restaurants. Make those serve primarily the people living in a walking distance, not surrounded by huge carparks. All of these and more have happened in many European suburbs already. Chopping off land and building a second house on the same lot, building up but not too high, and adding just enough small services, public transportation, and communal areas that people can and want to live in the area without a car. Less traffic = less road repairs needed. It is slow, but possible, as long as people let go of the traditional American suburb.
@taranvainas
@taranvainas 9 днів тому
@@durabelle It would be as simple as you say, but for this they would need a change of mentality. Would the neighbors want their neighborhood to change? Possibly many of them would think that public transport and shops would attract crime to their comfort zones. The delirium of all the Karens in the area! Along with the first store they would have to build an asylum.
@Voyagerthe2nd
@Voyagerthe2nd 11 днів тому
I'm a big fan of Not Just Bikes
@DGAMINGDE
@DGAMINGDE 10 днів тому
Respect for American cities being able to go broke despite not even providing healthcare, public transport and a multi-party government.
@antimatter7683
@antimatter7683 11 днів тому
not just bikes videos are mostly really informative and entertaining. hope you check out more!
@Tyrisalthan
@Tyrisalthan 11 днів тому
Probably what will happen more and more in cities around north america in coming years is changing the zoneing laws to allow middle-rise buildings. That way cities don't have to build and maintain so long road infrastructure. If also allowed in the suburbs the cities could have an influx of new people moving in without having to build any new roads at all. And once population density rises it would be viable to operate businesses like small corner shops, restaurants, etc in the suburbs, provided the zoneing code is changed to allow that also, which they probably will since that also makes cities money while simultaneously reduce the car traffic = stress to repair roads as often. Once those kinds of changes are implemented, it naturally would make sense to build better pedestrian and bike infrastructure in order to people get from their home to a near by shop. And since there would be more people in the suburbs, it would be viable to upgrade the public transport to cover more areas, which again increases ridership even more, which would also reduce the car traffic, which cities want. Before long north american cities would be similar to european cities, or infact cities everywhere else. Since that kind of city planning can sustain itself, the current US system does not. No matter the ideology, when the money runs out you have to change something. They could of course raise taxes, but that alone wouldn't permanently solve the problem (and they had to raise it so high that people would riot). Only real option is to change to more traditional city planning, which has been proved to work, since it has been working for centuries.
@geeemm135
@geeemm135 11 днів тому
after watching this.. the best advice would be: pack up and move to europe :D
@michalandrejmolnar3715
@michalandrejmolnar3715 11 днів тому
No, Best advice is to vote for Democrats
@Why-D
@Why-D 11 днів тому
Basically the debts of the state is the wealth of people who gave the money. Unforetunately, the money is divided in a very uneven way, too few very rich and too many poor. It is basically the state who has to make regulations, to keep the things in balance, what rich people often don't like.
@neuralwarp
@neuralwarp 10 днів тому
Govt debt is when govts refuse to tax the rich; instead they borrow from them and pay them interest.
@esraeloh8681
@esraeloh8681 11 днів тому
Yay you're on Not Just Bikes now
@melbeth79
@melbeth79 11 днів тому
You may be interested in a documentary called The End of Suburbia (2004). It goes in-depth into post WW2 suburbia's pitfalls. I'm Canadian and I think we're *slightly* better here because as far as I know, the busses run out to the suburbs so always taking a car into town isn't necessary, however many of the other issues probably still apply to us. Also, we're a much smaller country too obviously. The largest city in Canada is about 3M with the GTA (greater Toronto area) being close to 6M. To us this size is getting ridiculous but I'm sure it's not "big" to an American.
@pietergreveling
@pietergreveling 11 днів тому
The previous video was from Adam Something and not from Not Just Bikes, but he mentioned this video! ✌🏼
@dominique8233
@dominique8233 11 днів тому
When you start exploring the USA debt I think you will be in for some eye openers. As you mentioned the debt is in the trillions but what is often not spoken about is who the debt is owed to. Who holds the bonds for that debt ? And what would happen if those countries called the debt in? Let alone the astronomical amounts that have to be paid each year to support the continuation of that debt. It's a vicious cycle. As Goldwein senior policy director at the Committee for a Responsible Federal Budget has said " More debt leads to more interest, and that leads to more debt".
@ProfTydrim
@ProfTydrim 11 днів тому
You should watch more not just bikes videos. I work as a analyst in a mobility consulting firm and he's the reason I became interested in this in the first place
@woltews
@woltews 11 днів тому
No the trillion dollars of debt is federal debt , this is municipal debt , the federal government can just print money but your city can not do that. Its not that the chains are bad in and of themselves but the amount of tax they pay and there workers can afford is bad for the city because its all low density development ( housing , retail , restaurants ) and they all pay low taxes for infrastructure that gets exponentially more expensive to pay the larger the city gets ! Some cites try to just not do the maintenance hoping for a better tomorrow but then the cost just get even larger for what could have been fixed for $200 in 2010 by 2020 its now $4000 or even worse someone is seriously hurt or killed and the city get sued !
@booboss
@booboss 10 днів тому
Every coin has two sides. I'm living in village of Poland and happened to be that I'm one of village council. There are few councils in the village and we make decisions in democratic way. Thing is that yearly our budget don't even allows us to create intersection with street lights. Not that we need it in such small village but the fact that we don't even have funds to create one is shocking. So yeah - USA system is waste of money and never ending story but Europe has it's own problems as well. It's not perfect - at all. However though even with limited village funds we can always go to county and ask for their funds - and usually they will give us money if project makes sense. But our strict village funds are ridicoulus. For example county payed for new school which costs millions but strictly from our village budget it would be completelly impossible.
@johnfrancismaglinchey4192
@johnfrancismaglinchey4192 11 днів тому
Over here we have a thing called,,,Green Field Development,,,,, Brown Field Site ,,,, Brown Field is very highly regarded with tax incentives and positive government encouragement,,,,, brown field is usually a city centre plot that has passed its useful life , and can be repurposed for housing and commercial use,,,,, keeping modern development close to the infrastructure and shopping area and public transport.
@AFNacapella
@AFNacapella 11 днів тому
we need more people your age in politics. especially if they're as open minded as you are. people with ideal, who want a future for their kids and don't take "we can't just..." for an answer. of course we can just do or make or change whatever we need or want. we did it often enough: pyramids, canals, claim land from sea, ban lead in fuel, ban ozone killers, rebuild Europe after 2WWs...
@rgfrank1668
@rgfrank1668 11 днів тому
Your last video was from 'Just Adam' I believe not 'Not Just Bikes' (NJB). If this topic interests you I would advice to watch the entire 'Strong Towns' series, either on the Strong towns channel or from NJB. I wouldn't worry to much about the US debt it is not significant compared to the US national gross product (entirely different topic). The entire premise of this video is to show that American suburban growth/development is unsustainable in the long run. That is a hard pill to swallow for most since it is incorporated into the 'American dream' but it is step 1 into finding a new/better solution.
@ValeVola
@ValeVola 10 днів тому
Here in Italy we have a municipal tax for new buildings and major renovations called "building charges". It is very high, ranging from 5 to 20% of the expected costs for the property, but for the new inhabitants who will enter the building in the future, coverage of the relevant services is provided... To this will be added the taxes on the purchase of the building, which are instead to be paid to the state (range 2-9%)
@nocturne7371
@nocturne7371 10 днів тому
The zoning laws in Amerca that prohibts mixed housing (one family, multi family, shops etc) makes building a German type suburb almost impossible to build. Also the parking space needed by law for a business does not help this situation.
@CodeNascher_
@CodeNascher_ 11 днів тому
why would i associate the us with apple pie?
@RichardDevereauxEarlofEssex
@RichardDevereauxEarlofEssex 10 днів тому
I think King Charle's approch to city planning and building is so well done, Poundbury is built with everything in mind, there are private and social housing side by side, the shops are all within walking distance of your house and no two horses are the same, Parking is central in The Queen Mother's Square, with all the market stalls on either side, he's building another Town in South Wales.
@conallmclaughlin4545
@conallmclaughlin4545 11 днів тому
Over here we get a letter each year showing what are taxes have been used for, a complete breakdown. They are also all (mostly) done for you. I've never had to fill out a form or make any kind of enquiries about tax
@kr6033
@kr6033 9 днів тому
Joel!! Love your Deutschland tshirt! 🇩🇪❤
@irminschembri8263
@irminschembri8263 11 днів тому
In Germany you pay " Anliegerkosten" aka a fee for building the stretch of road/sidewalk in front of your house and for the supply of gas electricity and water. This is a one time cost. You then are responsible for keeping the sidewalk free of leaves in autumn and ice and snow in winter. The further upkeep is the job of the municipality. At least how it is in my town.
@Rachel_M_
@Rachel_M_ 11 днів тому
Meanwhile here in the UK if you clear a path of snow and somebody slips afterwards you are legally liable for damages.
@stephenlee5929
@stephenlee5929 11 днів тому
@@Rachel_M_ Only if you were negligent in how you cleared the snow.
@Rachel_M_
@Rachel_M_ 11 днів тому
@@stephenlee5929 1) look up "But for" arguments in law. _"but for the action an outcome would not have occurred"_ 2) Read the Occupiers Liability Act 1984. Black belt barrister, the art of law, and the law academy all have videos covering these.
@Rachel_M_
@Rachel_M_ 11 днів тому
@@stephenlee5929 "But for" argument is The factual test of causation. The basic test for establishing causation is the "but-for" test in which the defendant will be liable only if the claimant's damage would not have occurred "but for" his negligence.
@Rachel_M_
@Rachel_M_ 11 днів тому
@@stephenlee5929 the counter argument is "what would have happened of the HAD NOT cleared the path"? That would come under the "natural occurrences" - (previously the "Act of God" clause) and you would not be liable
@Marco-zt6fz
@Marco-zt6fz 11 днів тому
The problem in the US is, they invest most the money in the Army and not in the infrastructure, public transportation, education, health care. Countries in Europe invest in infrastructure, public transportation, education, health care and not in the Army. European contries invest what in the people need.
@mrm7058
@mrm7058 11 днів тому
Actually, the US spends even way more on healthcare compared to European countries per citizen - just very inefficient.
@nntflow7058
@nntflow7058 11 днів тому
Yeah, the exact some problems countries like Russia and China facing right now.
@yoshiclubcaptainfeerick7750
@yoshiclubcaptainfeerick7750 11 днів тому
This is changing, especially regarding infrastructure and health.
@petebennett3733
@petebennett3733 11 днів тому
​@@mrm7058 try adding insurance to the end of healthcare just to add to the hassle, stress and such
@gibsonms
@gibsonms 11 днів тому
That’s true, except not in the UK.
@alansmithee8831
@alansmithee8831 11 днів тому
Hello Joel. It sounds like you never saw "Falling Down"? Not anything new, but one for Patreon?
@haraldobermaier5965
@haraldobermaier5965 11 днів тому
About the depts: as long as the Dollar stays the only worldwide trade currency, the US ist able to serve the annual interests by printing money. All other countries have to produce to gain that amounts firstly. Therefore the US Gouvernement fears a strong Euro as well as a worldwide accepted Chinese currency
@meri2604
@meri2604 7 днів тому
I have never understood why in America the front gardens look like a desert landscape. why is that. Isn't anyone interested in adding some greenery to their front yard? There are no trees, too. And your t-shirt is interesting😍
@chrispnw2547
@chrispnw2547 9 днів тому
This is a much bigger problem. America rarely pays-its-way. American governments (at all levels) borrow from the start and keep borrowing until they can’t. Add to this the desire for no one to want to pay more taxes. Ultimately the area starts to degrade and a developer builds a new ‘fresh’ area where people flee. I bought a home in an area near a massive university. The growth has been amazing and the university draws in income from everywhere. Like your perspective.
@Lowshoehighhat
@Lowshoehighhat 11 днів тому
Interesting and frustration
@witthyhumpleton3514
@witthyhumpleton3514 11 днів тому
Learning about debt is a good idea. It's a topic that everyone brings up, but it's almost never explained clearly. One thing to say is this, debt isn't debt. It's a misnomer, when a person says debt, they imagine an individual or company owing a certain amount of money, or value in some form, to another person or company. This is debt how most people know it. Government debt is a lot more complicated. First you need to split debt into foreign and domestic debt, then you need to see how much of the foreign debt is held in currencies other than your own. Most debt, at least in western countries, is domestic. Domestic debt is money the government borrows, but where does it borrow from? It borrows from the banks, but not any banks, in the west at least. It borrows either from banks that are allowed to take part in a bidding process for government bonds, so private individuals and companies are not allowed to take part, or in some systems the government borrows directly from the central bank, in the case of the US it's the Federal Reserve. The banks allowed to bid in this system are also strictly bound directly by government regulation, messing with it isn't a good idea, because it means you can easily lose the permission to try and buy government bonds at all. The Federal Reserve will either take the government bonds, or allow the banks who win the bid to pay with money directly from the Federal Reserve. And ultimately the Federal Reserve will buy whatever government bonds to stabilise the debt if it every becomes necessary. The banks are also allowed to sell these government bonds to private individuals, this is how you as a person can invest in government bonds. But no private individual can buy these bonds directly from the government, and you paying for these bonds doesn't mean the government takes the money from you as an individual, by the time you buy the bond, the government long has received it's money from the Federal Reserve via one of the banks who are allowed to bid in the first place. All of this is done with money directly printed by the central bank. Of course, the central bank can never run out of money in this sense, it can always print more, and the government can always issue new government bonds. This is how borrowing happens, essentially, the government borrows from the central bank, and the central bank willl never refuse the government from borrowing money, since it is set up by the government. Problems with inflation or too much money entering the economy have nothing to do with this process yet. These problems can only happen once that money enters the private economy. So once the government borrows, and decides to spend it somewhere, either by giving a subsidy to farmers, or by paying a new construction project, anything works. Once money enters the private economy it behaves more like people normally think about it, you earn it to pay for things, if you owe someone money, you need to earn the money through some form of work or activity to pay it back, and so on. This is why the words "debt" and "borrowing" can be misleading. Because they make you think about it as an individual, but thats not what government debt is, and not what "borrowing" means. The process of borrowing is the process of creating money in the first place, in our current monetary system. To end it, let's do a little thought experiment. Let us imagine a country with no domestic debt. A country with no domestic debt would mean, a country which has not taken any money from it's central bank. Let's assume the country is the only country allowed to print it's own currency, just to simplify things. There are exceptions, like in the EU, where the central bank isn't owned by a single country. But let's use the US for an example. No country in the world, besides the US, is allowed to print US dollars. And the only organisation in the US allowed to print US dollars, is the Federal Reserve. If the Federal Reserve never gives the government any dollars, and the government thus never has any debt, there would be no dollars circulating. The currency would simply not exist, because the Federal Reserve never printed it, because the government never borrowed it. This is a simplified version, it gets more complex, since there are many variables, but generally speaking, all dollars currently in circulation were at some point borrowed by the government, otherwise they wouldn't exist. I will leave this here, since I could talk more in depth about what this can mean for the economy, and how monetary and economnic policy can interact, but I think this should give a good overview for this complicated topic to start with.
@WilliamPickard-eo4xt
@WilliamPickard-eo4xt 11 днів тому
This goes beyond infrastructure development. Going into debt has become the biggest problem this country needs to deal with. Public and private debt will become a drag on the economy. We need stop using someone else's money to pay for everyday upkeep and maintenance of our roads and bridges Cities and suburban communities may need to do something very unpopular and is raising taxes
@just_passing_through
@just_passing_through 11 днів тому
This could start by not allowing developers to build the streets. Have the city build the streets (using much more robust, but much more expensive techniques) instead of the developers using the cheapest possible materials, and the most basic of standards. After all, the developers don’t ever “sell” the streets, only the houses around the streets, and there is absolutely no return on investment for the streets. Streets are nothing more than an inconvenience, and a cost to the developers. Once they walk away with the money they made from selling the houses, they don’t care that the street needs resurfacing in 5 years time. They have their money, and they are gone. The city would lay a street that lasts 20 years, because it’s cheaper for them in the long run. At the end of the day streets are infrastructure and SHOULD be built by the city because at the end of the day they are their responsibility.
@steveallen3434
@steveallen3434 11 днів тому
developers should be made to do it right before they can build
@noefillon1749
@noefillon1749 11 днів тому
It's also up to the city to choose what they let developers do or not, if they want to densify already built areas or if they let developers build natural areas, what rules the developers must follow for the roads and what contract they have with them for upkeeping them
@MsYolost
@MsYolost 8 днів тому
Couldn't you save suburbs by changing zoning laws and building Town like centers every few blocks? Maybe narrowing streets and adding sidewalks. So that people could bike to a local coffee show or children can go for ice cream with their bikes or nearby parks (that also would have to be built first)
@stampcollector74
@stampcollector74 10 днів тому
You look a little tired, hope you are fine. Hugz & kisses from Germany. I like your vids very much, but be sure to watch your own first!
@simanova837
@simanova837 11 днів тому
Its much cheaper to get multiple families into one building. This conecpt ist often misunderstood as housing for poor people. But in fact its so efficient, that it makes the people wealthier.
@CabinFever52
@CabinFever52 11 днів тому
10:25 Looks JUST like a suburb in certain US cities, JP. You need to get out more.
@andrewstevenson6026
@andrewstevenson6026 11 днів тому
Joel, whom are we all in debt to?? worth pondering over.
@linusjohansson2171
@linusjohansson2171 11 днів тому
like your reactions :) american point of weiv ! :D
@Adam-11284
@Adam-11284 10 днів тому
When are you going to start making AFL videos again
@lancelessard2491
@lancelessard2491 11 днів тому
Just wait 'til the debt bomb goes off, then the owners of that debt could theoretically walk away as owners of the assets of those municipalities. Publicly owned assets will suddenly become privately owned, and then the locals won't have a say anymore in how they are operated. Billionaires and billion dollar corporate hedge funds could wind up owning vast swathes of the institutions that most Americans depend on for their livelihood.
@jonathanwetherell3609
@jonathanwetherell3609 10 днів тому
Europe has different problems. By and large Western Europe has kept up with infrastructure maintenance. The exception being the UK. Here we have had a succession of right wing governents that have had two main trends. Privatisation of Utilities and an obsession with not spending money on infrastructure maintenance. The privatisation has generated cash for share holders whilst allowing a bare minimum of spend. The result, a run down of all services. Not maintaining roads and rail has turned roads into a slalom course of pot holes with unreliable rail. The common link with the USA is politicians that see the individual as supreme rather than the needs of society.
@Doug5524
@Doug5524 11 днів тому
? JPS in England we pay car tax appox $200 a year for road maintenance do you pay this?
@jeanvanderstegen
@jeanvanderstegen 10 днів тому
Love ur channel dude Cheers from Belgium Sub + 1
@olgahein4384
@olgahein4384 9 днів тому
WHO even thinks about the US and apple pie on the same day? I literally see no connection. When i think apple pie, i think about England (where the apple pie was officially invented, having the oldest recipe from the 1300s) or about China (where the common apple originated from and spread to Europe thousands of years ago) or even Germany where apples are the most popular fruit and apple pie only outnumbered in popularity by cheesecake and Blackforest Cherry gateaux.
@danmayberry1185
@danmayberry1185 11 днів тому
Working for a company with shareholders? The grow-or-die rule applies. Even if your branch is doing well, it isn't enough.
@mucxlx
@mucxlx 7 днів тому
i heard that every 100 days the debt is increased by 1 trillion as of now.
@agnieszkamalinska6966
@agnieszkamalinska6966 11 днів тому
In Europe we have also many problems of course, but watching, what is in USA, I never would like to live there. If it's possible, visit Europe and maybe take a decision, where do You want to spend time. Maybe You will fill here better.
@LowHang-nFruits
@LowHang-nFruits 7 днів тому
6:46 how about let the federal and state stop funding new neighborhoods, instead, fill the holes of established neighborhoods?
@teongreen5254
@teongreen5254 11 днів тому
The US has the biggest debt of all countries in the world. Right now its at 34,6 trillion $
@productjoe4069
@productjoe4069 11 днів тому
National debt is completely different to the debt owed by municipalities, businesses or individuals. In fact, it’s the exact opposite. Search for videos on the following topics: * sectorial balances * modern monetary theory * David Graben’s ‘Debt: the first 5000 years’ * Stephanie Kelton’s ‘The Deficit Myth’ * Any commentary and critique on Margaret Thatcher’s ‘kitchen table economics’ * Any commentary or critique on the Regan administration’s ‘Laffer Curve’ This idea that the debt held by a currency issuer is the same as private debt sounds common sense, but it’s not true.
@productjoe4069
@productjoe4069 11 днів тому
I’ll do a quick Tl;dr for the moment. If you add up all the financial accounts of a country, the total should be zero. Specifically, if you add up the debts/credits of the three economic sectors trading in a currency (the public/central government, private, and foreign) then they should be zero. This is sectorial balance. So if you want the private sector (your citizens and businesses) to be in credit overall, you need one or both of the public and foreign sectors to be in debt. If they weren’t, then the ‘fundamental accounting identity’ would be broken. Since every country has to follow this fundamental identity, ultimately the public sector of the world has to be in debt for the private sector of the global economy to be in credit.
@productjoe4069
@productjoe4069 11 днів тому
People think of taxes paying for services, but it’s not exactly true. A better way of thinking about it is that taxes are a way of removing excess cash from the economy (to reduce inflation due to too much money chasing too few goods). There are several other ways money can be taken out to steer the economy and they might be better for a given situation (e.g. adjusting fractional reserve amounts, changing interest rates on bonds, buying back bonds, etc). Currency issuers don’t need to wait for taxes to spend: in fact the taxes require that spending to have already happened. It’s a bit of a mind flip from the ‘lies to children’ version drummed into us via the media, and it really unsettled me when I finally understood it, but it helps make a lot more sense of what’s actually happening in the world.
@auswaz4323
@auswaz4323 11 днів тому
Just start demolishing older houses and build higher density housing to pay fir the infrastructure
@bronwynsteck
@bronwynsteck 11 днів тому
Don't be fooled. Many German towns are also broke, lots of schools are badly in need of renovation, there are potholes all over - wherever you live, you usually have at least two building sites on streets you use regularly.
@jonathanwetherell3609
@jonathanwetherell3609 10 днів тому
I was in Germany last summer and was shocked at how well run it was. So well maintained and cared for but my yard stick is England. Cities that are bankrupt, schools and hospitals literally falling down. Raw sewage in our lakes and rivers. Court houses in short supply and falling down. A police service cut with an increased population. Prisons falling apart and full well beyond capacity. A demoralised work force in the public sector.
@clemenshampel
@clemenshampel 11 днів тому
Your (Tax) money isn´t gone , its just somewere else. (Citated from a Rothshield Banker about 1810)
@russellpetrie119
@russellpetrie119 10 днів тому
theres good debt and bad debt a good debt is when somebody else pays your debt
@PuNicAdbo
@PuNicAdbo 9 днів тому
not gonna lie. I kinda like your shirt. Grüße aus Bremen
@SirZanZa
@SirZanZa 11 днів тому
US National debt currently stands at 33.17 Trillion USD or 13 times the Economy of the United Kingdom, and bigger than the economy of the whole European continent (not just EU) which stands currently at $24.22 trillion USD.. in raw numbers US Debt is displayed like this $33,150,000,000,000 its absolutely colossal!!! - US is effectively a Ponzi state run by perpetual debt. debt funds growth with pays for more debt which funds more growth etc etc. eventually it will come crashing down... it will take the world with it.
@Dangel98
@Dangel98 11 днів тому
That's not entirely true because debt for countries is a lot different than debt in the private sector. Every country with its own currency is running on a ponzi scheme. There is not a single Euro if the European Central Bank doesn't give out money to the banks. Imagine a Monopoly game. The bank first has to give money to the players so they can play. But that money has been created out of thin air and is only backed by the players buying property and getting the economy running. The only countries not accumulating debt are the ones that have more export than import. That means other countries around the world are accumulating debt for them. That also means that accumulating debt is not a problem as long as your economy is growing. Because you are backing the money that is created by economic power. But this is very much simplified and I myself am not an expert on the topic.
@ChristiaanHW
@ChristiaanHW 11 днів тому
@@Dangel98 the problem with debt is that you have to make payments to the holders of that debt. either you have to pay a little back every X amount of time, or you have to pay the whole amount back after Y amount of time. so as long as you have a way of getting money in the meantime to make those payments, the amount of debt you have isn't really an issue. the problems start when you either don't grow anymore, and thus don't make enough money to make those payments. or when you're debt is so much that those payments end up being more than you make in the time between payments. or if something happens (like a pandemic, war, crisis) that requires you to divert the cash to other things than those debt repayments. and when you as, a country can't make those payments. the countries, organisations and people lending you that debt will look for other places to lend out their money. because if you can't repay them, why would they keep lending you money, and run the risk of not getting it back. so everyone, people and countries have a certain tipping point at which the debt becomes so too much. and to ensure you don't reach that tipping point, it's advisable to keep your debt at a max % of your countries GDP. this shows lenders that you take debt seriously and will be able to repay them when the time comes. it also makes sure that the country has enough leeway in their budget to deal with crisis's that might happen.
@Dangel98
@Dangel98 11 днів тому
​@@ChristiaanHW I know. That's why I explained that your borrowing has to be backed by your economic growth. I just wanted to answer to the argument that the US is running on a ponzi scheme and that that is something special. Every country is running on a ponzi scheme, it's not the anti US argument that people think it is when they bring up debt. We also don't know yet what exactly happens when the debt to GDP ratio really is out of proportion as long as the country controls its own currency. Japans debt to gdp is over 200% now and nobody would argue that its economy is about to collapse. This is all incredibly complicated and I have no problem admitting that I don't fully understand it. Heck, the experts don't even know themselves. They can only theorize. btw, when taking economic power into account, listing raw numbers as an argument of how big the country's debt is is misleading. Raw numbers don't matter.
@ChristiaanHW
@ChristiaanHW 11 днів тому
@@Dangel98 my reply was because some people (seem to) think that debt is good and has no negatives. i do fully agree that raw numbers are just stupid to use. of course the USA has more debt than Luxembourg. the bigger the economy the bigger the debt probably is, and the bigger it can be without problems. i do think that countries should try to gradually reduced their debt/GDP ratio. right now some countries might have no problem with it being high. but countries rise and fall on the world stage. and right now the USA (for example) is at the top of it. but if in the future the USA falls of a bit and becomes just "another country" instead of the world power it is today. it's highly probable that the debt will start to have more negative consequences, and it's better to prevent a disaster than trying to solve it afterwards.
@Dangel98
@Dangel98 11 днів тому
@@ChristiaanHW It's funny because in my country some people seem to think that government debt is the same as private debt. And therefore it is to be avoided at all costs. It's neither good or bad, it's just necessary to keep the economy afloat in bad times.
@dudoklasovity2093
@dudoklasovity2093 10 днів тому
If most Americans don’t travel and are brainwashed since early childhood (pledge of allegiance l, etc wtf?) then they will never make a change for the better. Why would you change if you thought you were the best anyways? It’s weird mindset in that country. Smart people learn from mistakes of other’s and inspires himself from the other cultures…
@antonytjp
@antonytjp 11 днів тому
Can you please watch Stan Walker from New Zealand.. he’s like the male beyonce…
@Dani_rohr_
@Dani_rohr_ 10 днів тому
I hope it is OK to say that but he is very cute 🥰
@PokhrajRoy.
@PokhrajRoy. 11 днів тому
Word of the Day: ‘Effencies’.
@PokhrajRoy.
@PokhrajRoy. 11 днів тому
2008 and 2020 were enough of a crash for the suburbs.
@robertboender5816
@robertboender5816 11 днів тому
The explanation is not that difficult. When you have a road a mile long and there are 10 houses on that road ( US ) who have to bring in the tax for maintenance of the infrastructure compared with a 100 houses in Europe you can imagine the problem in the US .
@stephenlee5929
@stephenlee5929 11 днів тому
Also, most of Europe, you have businesses mixed in with the housing, shop, cafes restaurants and even offices and schools, these also contribute to your costs. And because these non houses are close, you don't have to drive everywhere.
@RustyDust101
@RustyDust101 11 днів тому
Now put that into a square, and voila, the problems are more than squared. Because you can't build a city block with ten miles on a side. You need intersecting roads, that allow for transfer through the block. Similar to an arterial system in a body. Otherwise the interior space will die off. Only when you pack anything as densely as reasonably possible while still allowing for the actual process of life to happen will this work out. Ie low-rise buildings with fairly short fronts, offering shops on the ground floor, office and services on one or two floors above that, and then two to three floors of living space like apartments. That opens up enough space between buildings for high capacity public transportation plus leaves enough space for nice parks, playgrounds, sports and activities that are NOT car dependent. Because they are reachable on foot or bike. Everyone gets a short commute, or even just a short walk, to reach their work, and return home after it quickly, efficiently, and with little to no stress. This improves work-life balance in and of its own, without any investment into an expanded road network or lots of other measures.
@RealConstructor
@RealConstructor 11 днів тому
This will only work IF they pay for the maintenance directly, but they’re paying through the property tax and that’s the catch. As told in the video, a house in the suburbs is worth less than an urban house, while an urban home owner only needs to maintain 20m of road (the width of their plot), a suburban home owner needs to maintain a stretch of f.e. 80m (the width of their plot) and an equivalent of the road towards their suburb. But the suburban home owner pays a significant lower property tax, so it will never cover the cost. The municipal tax system needs to change, but it is impossible to change, because more people live in the suburbs than in the city center so they outnumber the urban home owners in case of a municipal council vote or referendum. This can only be changed on state level, not on municipal level. People living in an sprawling suburb need to pay for the higher costs of roads, sewers, water, electricity etc. And the environmental costs of a sprawling suburb aren’t even considered here.
@stephenlee5929
@stephenlee5929 11 днів тому
@@RealConstructor I think a take away from this is you (USA) have a broken system, (note other countries also have broken systems) Once people understand it is broken, they can start to look at how, why and how it might be fixed. But I think you (USA) need to realise its not because USA is big, its not because it has to be like this. I think the over reliance on cars and an unwillingness for cars to be paid for at their cost, might be a root cause.
@northnsouth6813
@northnsouth6813 11 днів тому
Cities like San Francisco and New York are witnessing a population decline, with a decrease of 5.3% and 7.5%, respectively, between 2020 and 2022. With major US cities losing population, there will be negative implications for the economy. California cities make up 40% of the top 25 places where the population decreased most. Is it because of the homeless living on the streets?
@toralvpuschner6570
@toralvpuschner6570 11 днів тому
You look tired man. You should take a rest 🤗
@79BlackRose
@79BlackRose 11 днів тому
Are you going to move out of the 'burbs Joel?
@stephenveldhoen
@stephenveldhoen 2 дні тому
Joel your country the USA total debt is $34 trillion 590 Billion US Dollars add another $1.8 trillion dollars to it for the US budget of 2024
@silviahannak3213
@silviahannak3213 11 днів тому
Pyramiden System? We would say it is a Pyramide System in german. Who is or what is Ponzi? Ok..you forgot to say...Italian american Immigrant.Nobody (EU Citizen) would know who or what a Ponzi is without the word scheme.
@Rick2010100
@Rick2010100 11 днів тому
German homeowners in residential areas are charged with the costs of maintaining the road, sidewalk, etc. That's why the German home buyer also looks at the condition of the street in front of the door. If it falls apart, he knows that repairs will soon be due there and he will share in the costs. These costs (thousands to tens of thousands) are factored into the home purchase price.
@nettcologne9186
@nettcologne9186 11 днів тому
Oh nice, you're wearing a shirt with a German flag on it 👍
@michaausleipzig
@michaausleipzig 11 днів тому
Like I already said in that last video: I know the neighborhood he was talking about. It's not a suburb. It's just a part of the city. Like ... is Brooklyn a suburb of New York City? No. It's part of it. We also have real suburbs farther away from the city center.
@Whizzler2006
@Whizzler2006 11 днів тому
Dear JP, Germany is not doing it better.
@TerryVogelaar
@TerryVogelaar 11 днів тому
To answer your question about debt: the current US debt can be paid back if each American is charged with a million dollars in additional tax (!). So in short: that will never happen. If the problem is ever going to be resolved, it will probably be because of hyperinflation. It would be a disaster for the entire world economy, but if the dollar collapses, it is virtually worthless and it is much easier to repay the trillions owed.
@Aussie_gamer.
@Aussie_gamer. 11 днів тому
First
@darrentoon5332
@darrentoon5332 11 днів тому
Because You keep voting democrat
@joeandersen9038
@joeandersen9038 11 днів тому
Get out of Dodge, we need good people in Europe.
@JackMellor498
@JackMellor498 10 днів тому
Yes! NotJustBikes is such a good channel! Prepare to be “orange pilled”! 🟧🚲🚋🚇🚊
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