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Why is LUXEMBOURG so RICH? - VisualPolitik EN

7691 ratings | 486703 views
What does Luxembourg have that makes them so incredibly wealthy? What did they do in this country in order to enjoy such a great quality of life? Today we are going to answer these questions. And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
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Text Comments (1260)
Pippie5555 (1 day ago)
So how many ILLEGAL immigrants does Luxemburg have?
Pippie5555 (1 day ago)
No wrong. In the Sultanate of Oman the PM is also openly gay. Oman is a lovely country, a bit like Greece. You should go and visit.
Atiharsh Singh (10 days ago)
4:37 I see an Indian Businessman there. Laxmi Mittal
Buda Sardi (10 days ago)
Steel, stealing countries's tax revenue, and the home of Europe drunkard traitor.The ever "ischias-suffer" libtard puppet juncker.
Xenphenik (16 days ago)
Fuck the EU. England (and probably the whole UK) should leave.
RALO ATL (16 days ago)
Nice drones boldie
Sharjeel Khan (17 days ago)
UK should have lower Cooperate tax.
Liam Hayes (17 days ago)
If we could see less your gay face it will be good.it was nice that your voice will run in background
budes matpicu (18 days ago)
in one word: CRIME
Charles Hua (20 days ago)
Case study that government can create wealth.
Nayan Mipun (22 days ago)
I want to be a trillionaire (USD)
Nayan Mipun (22 days ago)
If you commit abortions you are not a liberal
Carlos Oliveira (22 days ago)
Gay or not gay? Who cares if the job is well done and are not corrupt? At least in Europe and some America (and Austrália)
wyatt soares (25 days ago)
That’s good I live in Luxembourg 🇱🇺
Zeljko Nikolic (1 month ago)
No, no, you're wrong. Serbian prime minister is also gay. She is actually a lesbian.
fredrick Rari (1 month ago)
You should start another series on why countries are poor or getting poor
Why Home In (1 month ago)
Correction regarding: the opening statement , the Prime Minister of Serbia since 29 June 2017, Ana Brnabić, is also openly gay.
SonOfThaSoil _ (1 month ago)
Come to think of it... if Luxembourg were a person it would be that dude in the thumbnail lol
Harshit Madan (1 month ago)
Every country should cut taxes. Governments are corrupt by their very nature. They are easily bribed by big cats. They create instability via wars. Let people trade freely in low tax environments. Unions can negotiate for stuff like minimum wage, medical insurance and similar typical functions of the government.
DMTHOTH (1 month ago)
Prime minister of ireland is also openly gay, and prime minister of serbia is also openly lesbian. Even 11months ago.
LandofLions Abyssinia (1 month ago)
7:22 are you stupid? Comparing Singapore is understandable. But comparing Chinese GDP growth with Luxembourg is plain stupid you are talking about one of the smallest countries in the world vs one of the largest and most populated. It's like comparing moving a stone vs moving a mountain, they are not on the same level. You tend to like bashing or downplaying countries that are not European or are not related to Europeans. I watch your channel for info. but hate the useless condescending add-ons.
Tin Man (1 month ago)
Luxembourg is not the smallest country in EU.
Eine kleine Nachtmusik (1 month ago)
Yes, but that 40% immigrants break down to this: Portugal (100,460) France (38,384) Italy (21,877) Belgium (21,008) Germany (15,056) Montenegro (9,065) United Kingdom (6,946) Serbia (6,282) Netherlands (4,734) Spain (4,241) Notice anything? No African or Middle Eastern countries on that list.
John B (1 month ago)
So basically Luxembourg does what we've always been taught is illegal and unethical. One thing I've learned throughout my years is that NOBODY gets rich by playing fair. Ever.
Nemo (1 month ago)
wow, i admire your relentless search of reason to explain why LUXEMBOURG is so rich, but it's the european tax haven, that's the only reason, i wish my country was a tax haven
PULL Frifri (1 month ago)
Im a luxembourger and i love luxbg but So many REFUGEES COMIN HERE And thy get so much money for doin nothin man they SUCK tbh
Ramon Johnson (1 month ago)
Jamaica🇯🇲 A very unique culture, language, people, beautiful beaches & river but on the reverse side on things there is corruption in the government, violence & poor economy PLEASE do a video of my country
Underwear Baker (1 month ago)
That is also because they got only 500k people
LaLa (1 month ago)
Any mature financially sound Luxembourg woman wants an honest family oriented man? Then can contact me. I am 31 from India, non smoker, open minded, professionally into music and writing. and available... You can contact me on my channel in discussion section probably :)
Da Big G (1 month ago)
I am sad to say Luxembourg was not the only country with an openly homosexual prime minister when this video was published. Off the top of my head, another was the Irish Republic (Leo Varadkar). Your portrayal of this as a positive thing reinforces my view that the opinions here represent elitists rather than real people.
James Vaughan (1 month ago)
Alright! It's Luxembourg for me!
TubersAndPotatoes (1 month ago)
Besides for it being a total Tax Haven for Holding Companies around the world to legally evade paying taxes, its geography is also what attracts all those companies/people. Being in the middle of Europe is a very attractive place to be.
heinz53 (1 month ago)
A financial tax avoiding hub and Juncker was behind it a long time. Probably also still the benefit, the dividend of WWll NAZI money. Now he have a job and pay almost no tax at all anymore, but he is speaking out for more taxation, a Eirotax even, and demand nicely pay, something he never did of course or with special tarifs. This rethoric is of course only for the other peoples and even for the peoples who pay tax by taxation other peoples for it only. The shamelessnesse are byond biblical proportions and should be normalized. But Luxenburg is very rich.
Hailey Dunaway (2 months ago)
british vsause here
tsuchan1 (2 months ago)
I thought the PM of Ireland was gay, no..?
rajgoyal (2 months ago)
Luxembourg is Luxurybourg.
Roy Weir (2 months ago)
African continent ritchies COLONIAL European countries Killing KILLER'S Minerals Blood Diamante OIL ETC ETC ETC ETC JUST KEEP REAL DEVILS. LEON DE JUDEAH OLIVO NEGRO
MoltenHorse (2 months ago)
500k citizens, 40% immigrants. It's not a nation. It's an entity. An entity for rich people to hide their money in. I'm not not ok with this perse, but all the stuck up polticians are ok with it while whining about low level tax fraud I now they do the same in lux - and that's what I'm not ok with.
Tales From The Creeps (2 months ago)
You guys think that the prime ministers of Ireland and Luxembourg bone?....with each other?
David (2 months ago)
Fashion advice from a designer: - Dye your beard black - Change the frame of your glasses to a dark blue metallic shade - Wear darker clothes, something with black and/or dark red in it.
Stephen Sinnopal (2 months ago)
Luxumborg is smaller than a mid size US cities. It is insignificant.
Ja-Shwa Cardell (2 months ago)
You misrepresent the reason for Luxembourg's wealth. The income of Foreigners working in Luxembourg is not included in Luxembourg's GDP per capita. Foreign factor income is deducted.
ITIM NA KAMISETA (2 months ago)
Rollinger Marc (2 months ago)
The second photo with that magnificent mansion in a park is NOT from Luxembourg but depicts the Palais du Luxembourg in Paris.
LaoSoftware (3 months ago)
Money, money, money. We all love money. We love nice cars and nice houses.
Shouvik Roy (3 months ago)
The grass is always greener on the other side
Vfl 1900 (3 months ago)
Malta is the smallest country in the EU
jjj 1 (3 months ago)
ungu bungu
R1b (3 months ago)
"40 percent immigrants" - yeah from the neighboring countries. its only 5 percent not european. so the least diverse. nice try.
NVGaming 410 (3 months ago)
Serbian Prime Minister is also gay
Gonzales Frederic (3 months ago)
It is surely better to have a homosexual who is capable as a ruler for a ruler than to have a heterosexual like ldi Amin Dada for a ruler or a pedophile, murderer, rapist, slaver, thief like Muhammad.
Gonzales Frederic (3 months ago)
This documentary is quite good. I have watched several documentaries made by this man. Usually they are accurate and pleasant to watch. But, at times, like the one on France in Africa, which was fraught with erroneous statements, they are not that good. This written, this man does make laudable documentaries.
TROLL WARLORD (3 months ago)
Gay pm doesnt mean better pm
Sultan Jahdhamy (3 months ago)
So open minded is prime minister is gay, this is non-sense
Max Bintener (3 months ago)
Luxembourg is not the smallest country in the European Union, it is the second richtest:)
Louise (3 months ago)
Haha I live in Luxembourg 🇱🇺
Ric Ferr (3 months ago)
LUXEMBURG IS ALSO more BORING than a turd in the desert.
Jürgen P. Schooner (3 months ago)
You say 40% immigrants, but what is that break down? Certainly it isn't refugees or Africans. I assume French and German are predominant with English.
PAVAROTTI (3 months ago)
can you please stop the laud musick you playing
BlUnt_EmInenT (3 months ago)
i live in Germany and work in Luxembourg xD
sundar narasimman (3 months ago)
its share of external debt to GDP is 6000% and still enjoys AAA rating in moody's serious there cant be a better oxymoron than this.
Jerry Gundecker (3 months ago)
How about setting the camera back a foot or two? You're too close...Really.
Oberperfuss1945 (3 months ago)
Luxembourg never picked up Africans, but only picked up a few selected refugees from a refugee camp in the Middle East by plane to their country! ---- Luxemburg nahm nie Afrikaner auf, sondern holte lediglich ein paar ausgewählte Flüchtlinge von einem Flüchtlingslager im Nahen Osten mit dem Flugzeug zu sich ins Land. ---- Il Lussemburgo non raccolse mai gli africani, ma raccolse solo alcuni profughi scelti da un campo profughi in Oriente in aereo verso il paese.
PvPSky (4 months ago)
I live in Luxembourg and it is amazing here! Love it!
mario rossi (4 months ago)
all teh money fron the world mafia are saved into the luxembourg banks!!!! shame on you!!!!!!!!!!!!!!!!
Daniel Jenkin (4 months ago)
only people like the owner of Cactus or People who own big businesses get 5000 a month I bet this guy has never been to lux
Daniel Jenkin (4 months ago)
I've been on the glass elavator
Daniel Jenkin (4 months ago)
I'm from Luxembourg and I guess we have a big house and a really huge garden but I don't think my parents are millionaires, as they are teachers. and well I'm not sure but including tax they don't make a separate 5,000 Euros a month.
metal garurumon (4 months ago)
More money = more expensive goods & service
Mabus (4 months ago)
Amazon realy is not the best example. It's one of the largest employers for real in Luxembourg. There are other companies, that only have a mailbox.
Mabus (4 months ago)
Jardin de Luxembourg spotted at 0:33
Larry Bxl (4 months ago)
Belgium had a gay PM several years ago - Mr. Elio Di Rupo
daniel marroquin (4 months ago)
You forgot to mention cargolux , one of the biggest cargo airline in the world
wiiiiktor (4 months ago)
Poland grew by 4.5% without any dirty tricks
静かな時間 (4 months ago)
ACTUALLY! Serbias Prime Minister is a Lesbian. That means...Luxembourg is not the only one!
Holly boop (4 months ago)
Why does this dude use pink lipstick on his lips?!? Please make a video about that too.
Ten Minute Tokyo 2 (4 months ago)
Highest worker productivity anywhere in the world. Low taxes.
Sybil Rhomberg (4 months ago)
booger king (5 months ago)
So most of Lux's wealth is from foreign corp? What would happen if all these corp. suddenly decide to go back to their country t9gether with their money?
Raphael Quaglio (5 months ago)
Many gay men are good at business because of their charisma and manipulative abilities. They can charm the pants off anyone. They make good con-men or actors.
Lawrence Bloom (5 months ago)
The only productivity of Luxembourg is cleverly exploiting some arbitrary, changing financial laws.
Lubhomir (5 months ago)
We also have gay prime minister. But he is conservative. So not much people really know about it. And that is good since we dont really have a problem is someone is gay. We have problem with agenda. It is basically the same as not accepting immigrants equals you are nazi.
anuja churi (5 months ago)
0:16 Leo Varadkar is openly gay too! Luxemburg is not the only country! 0:33 Is Luxemburg 'the smallest' nation in the EU?
James Daniel Smith (5 months ago)
Laurent Elens (5 months ago)
Well.... When you speak about they high percentage of immigrants, you should point that those are European immigrants. When it comes to the African/Arabian migration, their expensive representative promoted for the whole of Europe: they are below the European average...
ROBERT J KIS (5 months ago)
This guy is gay and he talks bullshit too often to watch another shitty video from him.
Clemens Schwalber (5 months ago)
Malta is the smallest country in the EU
Tom Meyers (5 months ago)
as a luxemburger reading the comments is part sad and part fun. a lot of idiots think they know everything about the country but basically every comment is a bunch of rubbish
Biz Dev (5 months ago)
The diarrhea music sucks.
infirmux (5 months ago)
please, average wage vs median wage. You are here to inform :)
HAPPYINLIFT (5 months ago)
Being queer is not something to be proud of. Homosexual men are about 200 times more likely to have HIV than straight guys. Bubba why is this important to you?
DanielMcBrain (5 months ago)
dude, it seems that your left eye closes before the right one, crazyyyy
Ace Gikm (5 months ago)
Ace Gikm (5 months ago)
who cares
Willem Pasterkamp (5 months ago)
No spending on defence or migration for decades, a kind of switzerland. Also no repair- costs given for WW II, western-germany paid billions. A theft-banking system, they are mostly like pensioners now. Do one Why Luxembourg needs 200.000 more immigrants to bring things back in balance.
hal holland (5 months ago)
Take whatever is in your ears...out. Donald Trump is talking about illegal (let me say again...ILLEGAL) imigration!
Erik Kengaard (5 months ago)
GDP is a lousy measure for well being.
B Kim (5 months ago)
Can't agree with you more, sir. Especially for a country like Luxembourg (a lot of international daily commuters, much revenue coming from overseas that only exists on paper, etc.)
Roy Perkins (5 months ago)
The immigrants aren't 3rd world uneducated non Europeans,they're Mainly well educated Europeans,they're mostly professional financial oriented, the immigration diversity bullshit Isn't applied to the duchy! Get your facts straight!
BoltaVS (5 months ago)
WRONG! We win in gay lesbo feminism race,Serbia has gay female prime minister,TOP THAT!

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