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How Ireland Became the Richest Country that no one can live in

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Added by miamigo
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This is the Republic of Ireland, a country home to 5.1 million people that are all becoming the wealthiest citizens in the world.

As proof, Ireland’s GDP per capita is larger than traditionally rich nations like Switzerland and Norway, and this publication from the Central Bank of Ireland pointed out that one in eight households in Ireland are millionaires, at least on paper.

But ask any Irish people you knew and they will tell you that Ireland is not a good place to live in, to the point that 7 out of 10 young people in Ireland want to emigrate somewhere else. The cost of living is through the roof, housing is unaffordable that many people live with their parents, and it is hard to find a job. It’s as if they are the victim of their own success.

So what happened?
How is it that a country so rich and advanced is at the same time, deemed almost unliveable by its own people? Well, today we're going to explore this paradox.

Music by Epidemic Sound

Stock Footage by Storyblocks

#Ireland #Economics #Doverhill

about economics explained, about Finance and how money works, on Ireland's economics, tax haven, and why it is unliveable according to its own people, This is an economics/finance video
Category
ATLANTIC ROAD
Tags
doverhill, finance, money
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