Why is Luxembourg so Rich?

Why is Luxembourg so Rich?

These days, almost every country across the globe is suffering shortage in various ways. Hence, for every room, there can be always being an exemption. So, when it comes to shortage or poverty Luxembourg is one of the exemptions.

In fact, there are big countries that are suffering from great poverty and economic crisis compared to small countries such as this country. There is also a saying that the smaller a country is, the smaller the expenses needed for the infrastructure as well as the smaller the population there is. These are the actual fact why Luxembourg is considered as a rich country.

Even if it is a small country, it is also one of the most developed countries that anyone can visit. And because it is small, there are only very roads to be built and very manageable maintenance. Another thing is less population which is known as one of the root causes of poverty in any country.

Once you live in a small rich country, you will be disciplined and determined enough to have not more than two children because your environment is small and that you perfectly know the effects it may cause you and your fellowmen if one among you greatly contribute to the increase of the population in your place. Once the population is just enough and a nation has united communities and organizations, its result of course is a very successful and rich country, and this also greatly explains how people deal with each other in this country. And this is also one main reason why this country is rich.

Most importantly, government officials in this country are investing the country’s money in a smart or wise way. It makes it one of the governments across the globe which is really making money and profit.

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3 Responses to "Why is Luxembourg so Rich?"

  1. Only partially true.

    The really reason why they are rich is because there are so many foreign companies based here as its registered HQ’s.
    These companies’ reported revenues are considered part of national production even though they manufacture and do business elsewhere, like China or India or Poland.
    Therefore, the Gross National Product is quite high while the actual wages are paid to the employees at the factories and offices in other countries.
    And these GNP is divided in to the small population, hence such a high income per capita.

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  2. This is such a bullshit! The main reason Luxembourg and Switzerland are rich is their banking, their banking secret allows dirty money to enter the country without any questions for some profit, then these money are loaned at some extra profit. The banking secret in Switzerland was eased in later years and the standard in Switzerland fell and it is now close to southern Germany like never before. Without its banking Luxembourg is a tiny small village. And let me tell the author of he doesn’t know: the biggest treasure in this world are kids, I don’t wanna be a billionaire if I cannot have kids in return. To have lots of kids (and provide for them) is in our nature, that is the main target of all animals

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