17H·

Trump's America - what is the economic situation in the USA?

As many of you know, I visited the USA this year and would like to share my experiences with you here. This will not be a travelogue, but a somewhat more in-depth collection of thoughts on mainly economic topics.


In this respect, the first thing I noticed was that the USA has been using the technologies we always talk about here for a long time. Delivery robots, for example, are already very present on the streets of the big cities. An even bigger highlight were the rides with Google's Waymo autonomous cab service, which we will probably have to wait another 15+ years for in Germany. In the USA, if a robot can do the job reliably, why should a human do it? No consideration is given to whether a 15€/h occupational therapy for some unskilled worker could be eliminated.


Furthermore, the USA really is a great service society. Service and "the customer is king" are capitalized everywhere. The German attitude of "I don't give a damn how the customer is doing, I don't own the company" doesn't exist in America. Everything is really carried after you there, even in fast food restaurants there is table service and they really try to cater to special requests. Of course, as is typical in the USA, people hope for tips, which are not expected in most cases except from waiters.


The high wage level of Americans is also striking. My charming girlfriend, for example, would earn about twice as much in the USA as she does here. Overall, you can clearly feel that you are in a country with economic growth in the USA. You can really see large construction sites everywhere, where entire streets and districts are being rebuilt from scratch - whereas in Germany I have noticed for years that some highway lanes are closed for years without a single person working there. You also don't see anywhere that housing is being created on a large scale, although there has been a shortage of living space for years.


Overall, the economy is not doing as well as it could be, and it is clear that this is why there is increasing dissatisfaction with Trump. Nevertheless, the mood is optimistic and cannot be compared with the doomsday mood in Merz Germany.


Speaking of Merz, the "cityscape" in America is actually very similar to that in Germany - only with a much greater police presence. We felt very safe overall as a result. For the "little boy" in me, it was also a great thing to see all the cool emergency vehicles. But it's still a stark contrast to East Asia (where we've also been) where I couldn't even tell you what the police look like because they don't need to be anywhere and yet everyone obeys the law. That's how it used to be here too, I've heard.


The bottom line is that most things now work better in America than they do here. The only tangible disadvantage is the supermarkets in the USA, which are generally more expensive and the processed food is riddled with dangerous additives. In the USA, the rule is that you can put anything in your food if it is not yet clear that it is harmful. I think that's a completely crazy idea. Deregulation is great, but when it comes to health, "better safe than sorry". Here, for once, I like the European philosophy of preferring to regulate when there is uncertainty - and even here, enough unhealthy things are still allowed. In contrast to this, the USA also has very fresh fruit and vegetables and healthy foods that you would look for in vain in this country.


The USA is simply a country that is much more prone to extremes than Germany. In Europe, nobody is doing badly, but almost nobody is doing really well either. In Germany, the tendency is towards mediocrity. That wouldn't be a bad thing in itself, but the overall average in Europe is lower than in America, which is a problem. More equality is a justifiable concept in itself. But not if it means that conditions are not good for everyone and people still celebrate the fact that it is at least not "unfair". In the area of health, for example, it is the case in the USA that some people receive world-class medical treatment and others (almost) none at all. But in Germany, the majority simply get the benefits of the statutory health insurance, which are subterraneanly bad, while the average middle-class American spends less than 17% of their gross salary on health and is still treated like a real person and not like a piggy bank that just needs to be slaughtered.

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54 Comentários

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Thank you very much for the great report 😘
I prefer to stay in Germany. We are trying to make our country better for the time being ❣️
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@Aminmeskini Good plan, where do we start? :D
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@Aminmeskini There are many construction sites. But I'm happy if there are still people who want to take on the task. 👍
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Preferably even more taxes.
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@Soprano Everyone where he or she can: Change yourself first, then your immediate environment such as family, children and the like, and finally your workplace, if you have the power to do so. That's how we change a lot of things. It's still a long way from being too late!
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@Investor_in_Jogginghose That would definitely be the wrong approach. To continue punishing hard-working people!
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@Aminmeskini But that's how people in Germany think. Politics is used for redistribution. It's logical that this happens when everyone has the same vote whether they pay taxes or not. I try to make myself geographically and financially independent and look for the tax system that is best for me. In Germany, you're tilting at windmills.
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@Investor_in_Jogginghose As far as I know, everyone in the world has the same vote. Financial independence is the goal for all of us. I think a lot can still be changed in Germany 😉. I definitely feel very comfortable here, but of course there's always room for improvement.
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@Aminmeskini Yes, but that shouldn't be the case. What entitles someone who contributes nothing and does nothing to vote on what happens with taxpayers' money?
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@Soprano I don't think the fault lies with the voters, but with the system. Social benefits should be significantly lower and limited in time so that there is no incentive to stay at home. There must be a big, tangible difference between working and doing nothing.
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I can confirm that
But the USA has already gone through a lot of what is still to come in Germany.
We are 15-20 years behind and are putting our foot in every mouth.
Steel industry once the Ruhrpott - dead
Chemical industry Bayer, BASF - falling
Market leadership in premium vehicles - no longer sustainable
Peace, culture and family - changed by migration
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@Smudeo We put our foot in every mouth -> Absolutely 👍
(...and we're so over-bureaucratized that we can barely walk straight).
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@NichtRelevant We repeat the crises that others have had for decades, but then they are much worse and the recovery is worse.
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@Smudeo But somehow the Americans have rebuilt a new industry for every one that breaks down. For us, it just breaks down and we say "okay, let's leave it like this"

Germany also used to have a considerable film industry --> goes bust --> stays that way
Coal mining goes bust --> lol then we just let the Ruhr area go moldy who cares
Car industry goes bust --> well then we'll just double the prices

That's this maximum defeatism again. We don't want to have anything to do with space travel, technology, nuclear power, satellites, artificial intelligence and social media, but we also don't want to preserve what we already had.
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I have been living in the USA for 2 months because I was offered an attractive job there by my German employer. And I have to say, I can absolutely confirm everything you described in your article. As a high earner, you are much better off in the USA than in Germany. But what I really find most glaring is that people hardly complain about things here. People just get on with it.

In Germany, the mood is incredibly bad at the moment. We act as if everything is going down the drain. I lack any optimism, which you could actually afford as the third-largest economic power on the planet. It's a bit like when Bayern are only runners-up and we act as if we'll be playing in the second division next season.
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@MoKi28 Hehe guilty. Well, I'm one of those people who always compare Germany to a sinking ship. But that's not my fault, I'm actually more of a positive person

You just have to compare how politicians talk about their country. Trump is also constantly encouraging the Americans and praising them: "We are the best country. Nobody can stop America. Americans are the most intelligent and greatest people"

Meanwhile, in Germany we usually have a chancellor who constantly warns of dangers and, if necessary, insults his own citizens: "Boo hoo, the Germans are shit, they don't work enough, are sick too often and retire too early. What's more, corona and climate change will kill us all in half an hour"

There are actually also historical reasons why Germans tend to be pessimistic. Historically speaking, there was a devastating war in Germany every 30-50 years for over 2000 years, which devastated the country and cost many people their lives. And in fact, the majority of these wars were not even started by the Germans. This is deeply embedded in people's psyche.

But yes, the Americans tend to look for solutions and the Germans tend to invent problems. And in fact we have managed to inflate artificial problems to such an extent that we have ended up with real problems. We're just like Bayern Munich, who finished runners-up and for no good reason fired their coach and assistant coach, sold the top scorer in the entire league and the team captain, hired 7 substitute goalkeepers and train with a square ball.

Germany are unironically doing well, but we have simply done extremely stupid and negative things and initiated changes that make it very unlikely that we can even begin to maintain our performance at the same level. We have crippled Volkswagen. We have blown up our nuclear power plants. And we haven't seen any economic growth for years and, even worse, we've resigned ourselves to it and aren't even bothering to change anything.
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@Soprano I absolutely agree with you, you've summed it up quite well.

I've been following politics in Germany very actively for a few years now and it's really super depressing. You get the feeling that politics is working against you. I'm a high achiever and I feel much more appreciated in the US at the moment.
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@MoKi28 I can only confirm that. This culture of envy is simply far too great in Germany. In the USA, everyone wants to be successful themselves and is happy about the success of others. In Germany, the most important thing is that others don't have more success than you, otherwise it's unfair and has to be taken away from them.

In the USA, failure is part of life. In Germany, you are laughed at for failing because why did you even try?
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Definitely. I'm going to enjoy my time here. In 3-4 years I'll be going back to Germany. Let's see what the situation is like then.

Financially, the time here will definitely be worth it, with 401k alone
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I spent a year and a half in the USA in 2018 and also found the everyday optimism very pleasant. However, the unfortunately very frequent gun violence is also noticeable at some point, at least if you follow the local news or, like me, happen to see what was left of a shooting.
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@MoKi28 My optimism is now limited because the harder you try and the more you work, the more you get deducted. Everyone who wants to make a difference is punished, all those who don't want to make a difference and don't want to work are getting their asses handed to them, and more and more of them are being punished every month. All the big companies are relocating production abroad, the companies are leaving Germany, so there's no optimism. At least not with the current government.
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Thank you for sharing your impressions! I could cry when I compare the USA with the EU/Germany 😭 -If my friends and family weren't all here, I would probably go to the United States after school. Have you actually considered going to the USA in the long term?
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@Klein-Anleger The J-1 visa allows you to gain professional experience in the USA.
You can try it out for a year.

I know a few people who have studied/worked there.
Some were enthusiastic, others less so.
You only get to know the "real" country and all the customs if you live there for more than half a year.

Apart from subjective individual opinions, there are different ratings where you can classify countries, and the USA tends to be in the middle of the pack. (of the industrialized countries)
Depending on which yardstick you use.

https://www.numbeo.com/quality-of-life/rankings_by_country.jsp
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@TotallyLost When I entered the USA for the second time, the customs employee told me what I would be doing in the USA for three weeks, as that would be an extensive vacation. I replied that three weeks would be half of my contractually agreed vacation allotment. He then said three weeks would be his entire annual vacation. 😳

From my two stays in the USA (five weeks and three weeks), conversations on site and with ex-Americans I met in Europe, I can only say that from my point of view there is a lot of light but also just as much shadow. I always notice this most vividly in the dazzling Las Vegas sign, opposite which is an entrance to the flood tunnel where homeless people live.
I also find the topic of healthy eating very blatant. If you want to eat healthily, it's much more expensive to live there than in Germany.
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@Klein-Anleger From my point of view: Yes, I could imagine living in the USA - but me and my partner are more Asia fans when it comes to that. And the USA simply doesn't come close to Asia in many respects.

But the main thing holding us back is my job (I might not really be able to do it abroad) and even more so my partner's family.
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@SteelAnacott Yes, vacation is also one of those things. There is simply not as much paid leave as in Europe. There are also people there who take 2-3 months' vacation, but they are not paid for a large part of the time. It's similar with sick days. You don't have to take a sick note from any doctor, but at a certain point you are no longer paid by the employer for being sick. There are no civil servants who stay away from work for several years for health reasons but still receive a full salary.

Again, this is a relatively double-edged sword. On the one hand, I think it's good if you simply have certain benefits as an employee that you are legally entitled to. On the other hand, there are also individuals who abuse these systems in the most disgusting way possible.
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@Soprano I lived in Asia for six months and came to the same conclusion. I would definitely prefer Asia to the USA. I've been to several places in Asia and there was virtually no place where I didn't feel safe.
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@Soprano There are certainly people who take advantage of the system. But when I see that middle-class US citizens die of diabetes because they can't afford the medication and therefore cut back on it, it's not a system in which I want to expose myself to the risk of becoming ill over a longer period of time.
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@SteelAnacott At my first job as a young professional in Chicago, I had 10 days combined Vacation+SickDays. And it was a really well-known company. 😅
However, the overtime was well paid and I just loved the city.

You're right - there's a lot of light and a lot of shade there. Maybe I'll move away from Germany at some point - but it's very unlikely to be to the USA.
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@SteelAnacott It's no better in Germany. I was recently diagnosed with prediabetes and my GP REFUSES to diagnose the cause, as there is no money to be made before it is true type II diabetes. I am now going to another doctor lmao without permission from the health insurance company.
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After almost 10 trips to the USA in the last few years and gradually "getting to know" a few Scandinavian cities over the last 2 years, I would now prefer Scandinavia to the USA.
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@Haberlapp But somehow you also hear a lot of bad things about Sweden. I still want to go to Norway. I think Norway is probably the country with the best quality of life in Europe. Do you already have a Skandi favorite?
@Soprano We have been most impressed and enthusiastic about Oslo and Helsinki so far and we are thinking more and more about how to realize a life there
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@Haberlapp Hehe now I HAVE to go and see Oslo 🤣
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On the whole you are right, the USA is a country of stark contrasts, and the people are different from here, they have a different attitude to life, the mindset is what can I do for my country. In Europe, the opposite is what can the state do for me.
You only get the average here and most people are satisfied with that.
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@Dividendensammler75 You get enough even if you don't want to do anything.
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By the way, one more thing that comes to mind. It's remarkable that you can get into conversation with people in the USA really quickly and you can also talk about topics like money and shares in a relaxed way. That impressed me. In Germany, people are more likely to talk about what they are doing with whom in the bedroom, but when it comes to salaries and investments, the fun stops and nothing can be talked about.
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Clearly life can be good if you are wealthy, but it is also convenient not to talk about actual statistics comparing EU vs USA. According to several social standards, the US would be a developing country in the EU (paid vacation, paid parental leave, homicide rates, obesity rates, maternal and infant mortality, life expectancy, student debt, etc...)
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A nice contribution, I also have relatives from the north to the deep south over there - and have been there several times, either with the motorhome in the south or with the private vehicle in the north. Always very nice. Yes, you're right...but you have to bear in mind that you described your impressions (just as I did) from a certain point of view. And that was not the perspective of an average American, for example, who may have lost their job due to illness or an emergency. That's a different perspective. Carrying someone's butt for pennies is sometimes not a sense of service, you have to realize that too. America is a paradise for those who have money - unfortunately not so much for the rest. I'm currently being forced to fly there again for visits...although with my past memes in my WhatsApp status I'm not sure at the moment whether the connecting flight from Chicago wouldn't be diverted directly to Guantanamo :) A bit of a joke, but unfortunately with a hint of concern or reality. But it doesn't make the situation here in Germany any better. A little over 30 years ago, we were also faced with the decision of taking a GreenCard (we would have gotten one immediately through connections) or building something here. We then opted for the latter. Maybe I would do it differently today. Maybe....
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I have worked as a CFO in the USA for many years. It was precisely Trump's boastfulness, unreliability and TACO mentality that I got to know on a daily basis. And, no, I don't like the USA. I now live in Asia. Other issues, problems are there, but if you try to think a little Asian, much more pleasant humanly. I'm staying here 😀
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@MMeier @Soprano And the food is healthier and tastes better
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@MMeier Best man. I've already said several times that I much prefer Asia. Which countries are you traveling to?

But do you really think Trump is such a "typical American"? For me, he seems to be more of an exceptional personality. Or maybe it depends on the region. I at least have the feeling that Trump wouldn't really fit in in the southern states.
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Is there anything missing from the text? Does it somehow end so abruptly?
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@Ash Yes I think I had written more, maybe the character limit was somehow full^^
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I'm on the go at the moment, so a shorter answer than the topic actually deserves:

You're right about a lot of things. On average, people are not as negative, especially not as envious as here. The idea of service is much more pronounced. Earnings are higher, but so are the costs - I'm not sure whether you're really better off here (I'll explain in a moment). Healthcare is excellent if you spend a lot of money on really good insurance or pay for it yourself. Food is (in my opinion) mostly underground - unless you are prepared to dig deep into your pockets.

Costs: Taxes are lower at first glance, but you should bear in mind that property taxes, for example, are extremely high and many times higher than what is paid here. You also pay for your children's education yourself - that costs a lot of money if you want your son or daughter's university degree to be worth anything, for example.

Innovation: It does exist there, but not everywhere and not in all areas of life. There are great companies and innovative products/solutions in the big cities. In everyday life, however, there is also incredibly old crap. If you look at washing machines or other household appliances, some of them are of a technical standard that has long since been consigned to the scrap heap here in Europe. Building technology, insulation - the quality of construction in general is very often inferior, as the focus is on price rather than durability.

Of course, this is all my subjective opinion. I lived over there for 3.5 years - first studying and then working there. For me, the overall package was a bit unbalanced in the end and I went back to Europe (but originally only wanted to stay for 18 months anyway, so it was all easy).

I think there are many countries in the world that can be very worth living in. You have to analyze for yourself which country suits you best, as everyone has their own priorities and preferences. It is not at all clear that your favorite country is automatically the one in which you were born. For example, I am almost certain that I will move again at a later point in my life - when my kids are grown up. A change of location is also exciting and keeps you young.
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@NichtRelevant Oh yes, (higher) education is also an interesting topic. I spoke to a doctor in the States who also said that medical school cost him (I can't remember whether for himself or his son) around 120,000$ and that nowadays you have to write umpteen applications because most of them aren't even read.

That's definitely a lot of work. But if you're clever, you simply send your children to Europe to study. The universities in this country also let international students use our structures. I think if I had children they would be bilingual anyway and somehow you have to think about whether you want/need to study at all.

In Germany, if you are in a position to do so, you just study because you can and the university is already there and then think about why and why you did it afterwards. The result is a complete surplus of academics who study for free but also for nothing.

I speak from experience. In my first job after my Master's degree, I got a starting salary of 2.2k in a position of responsibility. That's actually well below many normal assembly line workers at large car companies.

And yes, you definitely have a point about household appliances and buildings. Although the former is almost as similar in Europe. Most decent washing machines and fridges are now only available from Korea and Japan or from China with a European brand label on them. There are only a few brands like Liebherr that still make a decent refrigerator, at least within the EU and with a production site in Germany.

The construction quality and building technology was generally better than I expected. The sanitary facilities are also solidly built and much better than in Australia, for example. In terms of craftsmanship, we Germans are definitely ahead - BUT and that's a big but. What good are the best and most durable houses if nobody can afford them? It would somehow be more important if we had affordable housing in Germany than professional housing. I would always rather have my own little house that is cheaply cobbled together than live in some run-down tenement that hasn't been renovated since the last 35 previous tenants, because nobody can afford a handyman or landlords simply don't see the point in spending money on something like that.
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@Soprano In principle, everything is correct. I think you are well advised - if you are generally prepared to move and want to relocate abroad - to check individually what suits you best. I don't think there are many "one fits all" solutions. In any case, you should do your research well and definitely travel to the potential destination country a few times and stay there for a few months before planning the big move. There are many more options for information today than there were 15 or 20 years ago. There may also be people from Germany who have already emigrated to the destination country and can provide testimonials - this is really worth its weight in gold.

If I could choose and organize it freely: I would move away from Germany, but let my kids study in Europe for their first degree (Bachelor). It's free or inexpensive and the quality of the education is usually really good. You can then do a Master's degree either in Europe, the USA or Asia at an Ivy League university. This gives you the prospect of a fairly well-paid job (provided you have chosen the right subject).
Alternatively: Kids don't study and start their own business (e.g. crafts). But don't start a new company, take over an existing one - it's much easier and ultimately (in my opinion) even cheaper and safer.
Under no circumstances should you work with a mediocre education for a low-paid 0815 company. It's depressing and a waste of your own time.

A quick word about buildings in Germany: construction has become very complicated and expensive. In my opinion, this is certainly partly due to increased labor and material costs, but a lot of costs are caused by excessive regulations and bureaucracy. For example, we recently added 2 balconies to an apartment building - the approval costs and the additional requirements from the building permit were more expensive (!) than the construction costs for the balconies. The delays caused by approvals and procedures are also quite unbelievable - other countries are certainly much faster.
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@NichtRelevant Yes, you're right about that. However, I do think that, regardless of the horrendous bureaucracy, everything to do with "housing" is disproportionately expensive.

For example, we once asked a painter how much it would cost to paint ONE small room in white and he wanted €1000 for it. You have to imagine that. That's a job for 1 person in 3-4 hours maximum and costs half a month's wages that a skilled worker earns.

Or I just wanted to buy the fridge in question for almost €2000 and they offered me a great discount (of 2.5%). I told them I would pay the full price and they should just deliver the thing to me. They didn't want to do that.
They just wanted to charge me €100 for delivery. I don't check that either. I live 3km away from the electrical store. The delivery takes less than half an hour and they charge as much as a normal citizen earns for the whole 8-hour working day. How does that work out economically? Then I just bought elsewhere.
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Yes, offers for relatively straightforward services are sometimes extremely expensive.

I'm glad that I've found someone who is happy to do such work (and also more demanding work) and charges 25 euros / hour with invoice. Not a local, of course. We are sometimes just too fed up - that's also a typical problem here.
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@NichtRelevant How about with an invoice? 😭 Why go to all this trouble? And more importantly, where can you find such a hard-working immigrant who is willing to get their hands dirty for a fair euro?
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@Soprano He is from the Ukraine, is very reliable and friendly. He registered the company in Poland (probably easier in Poland than here - typical), but works here. He's actually a roofer, but he can also do painting, wallpapering, drywalling, plastering, bricklaying, demolition, clearing out, pouring foundations, building furniture, laying floors, installing windows, laying tiles, building terraces, ... I love him.

If there are problems and the local authority has towed away his car or his relatives back home in the Ukraine need a generator, I help him. He's there for me when the fire department has kicked in the door of a rented apartment at 11pm because of a false alarm and I need a temporary door quickly. I even got a ham from the Ukraine the other day. 😅

He almost had a school friend from the Ukraine as an employee. But he's now being deported from Germany because he didn't come to Germany directly from Ukraine, but had only been registered in another EU country for two years. Even if he had a job and an apartment here and paid into the social security system, the authorities are skeptical because he COULD become unemployed. And that's why he has to leave Germany and doesn't even get a work permit (unlike those who came directly from Ukraine without any detours. Because 'that's something completely different').
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Off topic (to illustrate the post/photo):

What always amazes me is: Why do you buy a super sports car in a country where the maximum speed limit is somewhere between 55 and 65 mph? Even the winding pass roads are usually missing. For what? These cars are not really ideal for cruising on concrete highways.
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@NichtRelevant I asked myself the same thing. I saw an awful lot of these cars there and wondered what they were for. I was told that they are not comfortable to drive anyway. Instead, there are a lot of luxury Bentley and Rolls Royce cars and these XXL pickup trucks, both of which seem to me to be more comfortable to drive than the Porsches, Ferraris and McLarens, but don't ask me. The Emiratis are always driving around in something like that.
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@Soprano Yes, that's right. Also applies to UAE etc. Presumably it's really mainly about the brand.
But I still wonder why you don't just take a really expensive limousine and get your butt spanked with such a rock-hard suspension instead. 😅
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