@Val Killmore,
It's not really the speeding alone - a lot of young(er) people don't know how to handle a difficult situation at any speed, never mind going over the limit.
We just heard in the news of a 4 car collision - a young pick-up driver was speeding, the road was wet (fog) and he spun out of control hitting 3 other cars. Conclusion: 4 dead, 2 severely insured, 1 child among the insured who lost both parents and the young driver of the pick-up got away with minor scratches.
Sure you want to live, but what the heck are you doing to others in case you lose control of your pick-up?
Since you mentioned the German Autobahn: I am German and I have driven the Autobahn many times, but here are some facts what it takes to obtain a German driver license: min. age is 18; 35 hours of driving lessons by a licensed professional, not dad or uncle Otto; 10 hours Autobahn lessons; 250 questions (only 10 mistakes allowed) and once you've completed the written exam, you'll have to pass the driving test of minimum 30 minutes. In addition you'll have to master parallel parking and up hill parking with a stick shift, my friend.