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Thread: Why Is Luxembourg So Rich?

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    Why Is Luxembourg So Rich?

    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.



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    Earlier days, probably many of the poor left for the US to escape poverty and French invasion. My maternal side originated from the border of Luxembourg and Preusse (Germany). They were dairy farmers. They also did dairy farming in the US and were more successful. Like many Europeans, we still prize our cheese and wine making. Then, we got into home building and did better with higher incomes and private businesses; however, I see this current generation as the first to "lose" wealth with less land ownership and small businesses. We still have metal-smithers for trade, but poorer economy has caused more job losses and work interruptions as jobs are out-sourced. Also, US demands the cheapest workers from Mexico and Asia to fill in the "gaps." At one time, we could have been like Luxembourg or Switzerland since we had a manufacturing basis and a predominate Germanic workforce before 1910, along with healthy birth rates. We doubled our white population both through Anglo immigration and increasing birth rates excluding nonwhites. Those days are over?

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