Money
European median wealth has plummeted 14 to 25 percent over five years
The Duran
UK Cuts Infrastructure Spending to Fund Nukes; Germany's Railways Collapse
What was said
"We have studies about what's from UBS as well, about what's have happening in Europe over the last over the last 5 years. Um wealth median wealth per adult in Britain has fallen by around 23% in the Netherlands by about 25% in Germany by about 14%. Europeans are getting poorer."
Citing UBS data, Alexander reveals dramatic declines in median wealth per adult across major European economies over the past five years, with the Netherlands down 25%, Britain down 23%, and Germany down 14%. This contrasts sharply with earlier discussion of wealth increases in Russia during the same period. Alexander predicts this trend will continue as defense spending crowds out productive investment.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- The Duran
- Episode
- UK Cuts Infrastructure Spending to Fund Nukes; Germany's Railways Collapse
- Clip time
- 15:04
- Original source
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From this episode
The Duran