Germany

This means we can easily overtake Germany next year.
No, in terms of nominal GDP it will take a few years more because Euro is stable and inflation in Germany will drive nominal GDP growth.

Us overtaking them not possible before 2027/28.
 
German govt's "Focus on India" policy paper released recently, ahead of their chancellor's visit.
almost everything in sync or manageable, except for one line.



For people reading this- Please donot fall into the trap. They want to "attract" professionals from India because the system here is crumbling! Unless you are a specialist, speak the language fluently and your profession is not oversaturated by supply, Make better choices!
 
For people reading this- Please donot fall into the trap. They want to "attract" professionals from India because the system here is crumbling! Unless you are a specialist, speak the language fluently and your profession is not oversaturated by supply, Make better choices!

I am in high demand and speak the language. But going there right now is a net negative. Given the taxes I will be paying and amount of rejections I should be prepared for when searching for a house in big cities, I feel there is nothing to gain. Not to mention if you have kids you have another arduous job of finding a place in Kindergarten which in itself is as big of a search as finding a house to live. And who can forget the healthcare system which gives you appointments after 3 months. If I travel across the pond to US I will be getting paid minimum $300,000+ per year. Even after taxes I will be left with enough. In Germany I am at the most will be paid 130,000 Euros per year. With 50% tax, I will be getting 65,000 Euros in hand per year. Sounds like a bad deal to me.
 
I am in high demand and speak the language. But going there right now is a net negative. Given the taxes I will be paying and amount of rejections I should be prepared for when searching for a house in big cities, I feel there is nothing to gain. Not to mention if you have kids you have another arduous job of finding a place in Kindergarten which in itself is as big of a search as finding a house to live. And who can forget the healthcare system which gives you appointments after 3 months. If I travel across the pond to US I will be getting paid minimum $300,000+ per year. Even after taxes I will be left with enough. In Germany I am at the most will be paid 130,000 Euros per year. With 50% tax, I will be getting 65,000 Euros in hand per year. Sounds like a bad deal to me.
Yup you are right on point.
 

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