Get a 4-week trial, free postage, and a digital scale at https://www.stamps.com/ee. Thanks to Stamps.com for sponsoring the show! Explore the surprising story of Chile’s rise to economic prosperity in South America. From its early days of political infighting to the influence of the “Chicago Boys,” discover how Chile became one of the region's wealthiest nations. We’ll dive into its reliance on copper exports, the impact of inequality, and the unique challenges it faces today. Can Chile continue its growth while addressing the demands of its people and balancing global interests? Join us for a deep look into Chile’s complex journey and discover where it stands on the Economics Explained Leaderboard. Our Patreon community made this video possible! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Chile #Stamps.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up for a 14-day free trial and enjoy all the amazing features MyHeritage has to offer: https://bit.ly/EconomicsExplained_mh Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreaking work explores this very question. Join us as we dive into the theories and insights of Daron Acemoglu, Simon Johnson, and James A. Robinson, who have helped shape policy across the globe with their research on economic growth and inequality. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

If you’re already a Notion AI user, you can get started today or sign up for a free account → https://ntn.so/EconomicsExplained Overpopulation has been our biggest fear for decades, but now, shrinking populations are the real crisis. From aging societies to dwindling birth rates, countries worldwide are grappling with the risks of a declining population and struggling with radical measures to reverse it. In this video, we uncover why this shift could redefine our future, and why simply paying people to have more kids may lead to unexpected, even dangerous consequences. Dive into the surprising story behind the global population plunge and its impact on all of us. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Notion #Population ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS Jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://surfshark.com/economics for 4 extra months of Surfshark Washington D.C. is home to the world's largest and most powerful economy. Still, most people don’t realize that this federal district is also one of the most complex and productive local economies globally. In this video, we dive deep into the fascinating economics of Washington D.C.. How its strange status fuels a massive local economy, and why calls for it to become a state are intensifying. How its wealth paradoxically creates some of the worst inequality in the U.S. We’ll also explore how the unique structure of D.C. skews its economic measurements and what would happen if it gained independence as a state. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Surfshark #WashingtonDC ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

To get your free sample, go to → https://drinkLMNT.com/EconomicsExplained 2024 is set to be the biggest election year ever, with nearly half the world's population heading to the polls! While democracy is generally a good thing, elections can create turmoil in economies, adding uncertainty to everything from trade to taxes. In this video, we dive into how elections can disrupt national economies, the real costs of political uncertainty, and whether we can minimize these economic disturbances for smoother transitions of power. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #LMNT ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://invideo.io/i/EconomicsExplained and use my code ECONOMICSEXPLAINED50 to get twice the number of video generation credits in your first month. Once a powerhouse of the ancient world, Egypt today faces a range of internal and external challenges that are holding it back from becoming a major global economic force. With its prime location between Europe, Africa, and the Middle East, and control of the critical Suez Canal, Egypt has all the ingredients to be a top 10 global economy—but what’s standing in the way? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Egypt #InVideo ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up on Trading 212 at https://www.trading212.com/join/EE and get a random fractional free share worth up to €100! When investing, your capital is at risk and you may get back less than invested. Past performance doesn't guarantee future results. Interest applies on cash in an investment account. Terms apply. Switzerland is often seen as an economic powerhouse with immense wealth, luxury exports, and a prestigious financial sector. But what’s behind its global reputation? In this video, we explore how Switzerland developed its world-leading industries and whether this success benefits the average Swiss citizen. We also look at potential challenges to its economic dominance and what happens when a country’s reputation becomes a double-edged sword. Our Patreon community made this video possible! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Switzerland #Trading212 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Take your personal data back with Incogni! Use code economics at the link below and get 60% off an annual plan: http://incogni.com/economics Alaska may be the largest state in the U.S., but its economy tells a different story. The state’s reliance on natural resources has led to economic stagnation, and its strategic importance plays a crucial role in shaping its future. Discover the paradox of Alaska’s vast lands and shrinking wealth. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Alaska #Incogni ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS Jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Elevate your business today at https://www.odoo.com/r/nag For decades, China was the go-to for low-cost manufacturing, but now it's a global leader in advanced industries. How did China leapfrog the competition, and what does this mean for the global economy? We explore the rapid rise of Chinese industry and its implications for the future. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #China #Odoo ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS Jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Secure your privacy with Surfshark! Enter coupon code ECONOMICS for 4 months EXTRA at https://surfshark.com/economics Exploring the incredible transformation of the Persian Gulf from a collection of small fishing villages to the global epicenter of oil-fueled opulence. Cities like Dubai, Abu Dhabi, and Riyadh have risen from the sands with grand visions of becoming world-class business and tourist destinations. But is this meteoric rise sustainable, or just a facade built on dwindling oil reserves? We delve into the ambitious projects, the looming challenges, and the critical question of what happens when the oil runs out. Will these cities thrive in a post-oil world, or are they destined to become relics of a forgotten boom? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Surfshark #PersianGulf ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS Jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

To get your free sample, go to → https://drinkLMNT.com/EconomicsExplained Thailand’s economy is a fascinating paradox—a country known for its political coups and instability, yet it continues to thrive and grow against all odds. In this video, we uncover how Thailand has become one of Southeast Asia’s most resilient and dynamic economies. Thailand's journey is anything but ordinary from its strategic location on the world’s busiest trade routes to its unexpected rise as a hub for digital nomads. Thailand has mastered the art of economic survival—and it’s not slowing down anytime soon. Find out where Thailand ranks on the Economics Explained Leaderboard and why its story is one you won’t want to miss! Our Patreon community made this video possible! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Thailand #LMNT ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 To get your free sample, go to → https://drinkLMNT.com/EconomicsExplainedSupport EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Get a free 14-day trial of Odoo’s all-in-one business solution and see how it can make your life easier! Check it out at → https://www.odoo.com/r/nag Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from a potential powerhouse to an economic disaster. In this video, we dive into the mismanagement that led to a collapse so severe that international agencies stopped tracking it. Explore how internal failures and external pressures pushed this once-promising country to the brink, and whether there's any chance left for a recovery. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Venezuela #Odoo ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista to conduct our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Take your personal data back with Incogni! Use code ECONOMICS at the link below and get 60% off an annual plan: http://incogni.com/ECONOMICS Uncover Bosnia and Herzegovina's post-war recovery, its economic challenges, and its path toward EU integration. What fueled the rebound, and what obstacles remain? Our Patreon community made this video possible! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Writer credits: Hugh O'Reilly Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up on Trading212 at https://www.trading212.com/join/EE and get a random fractional free share worth up to €100! When investing, your capital is at risk and you may get back less than invested. Past performance doesn't guarantee future results. Interest applies on cash in an investment account. Terms apply. In 2006, Spain's economy was booming, experiencing unparalleled growth since the turn of the millennium. With per capita output more than doubling in just six years, some economists predicted that Spain could surpass Germany in per capita income within five years, positioning itself as a central power in Europe. The real estate sector thrived, with agents becoming local celebrities and tradespeople in high demand. However, this growth was unsustainable. The global financial crisis (GFC) and the Eurozone crisis abruptly ended debt-fueled expansion. Nearly two decades later, Spain's economy remains weaker than in 2007. High unemployment, stagnated economic activity, and persistent debt struggles paint a grim picture. Spain's story serves as a cautionary tale. This raises critical questions: What fueled Spain's rapid economic growth? What led to its dramatic downfall? Why has the recovery been so slow? Our Patreon community made this video possible! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to the link: https://imprintapp.com/Economics_explained_LIB to get 20% off an annual membership Brazil Should Be a Superpower, but It Isn’t This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Brazil #Imprint ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Take your personal data back with Incogni! Use code ECONOMICS at the link below and get 60% off an annual plan: http://incogni.com/ECONOMICS In this video, we explore the possible reasons behind this phenomenon and whether these multi-billion dollar events are worth the economic risks. We also compare these modern examples to historical instances, such as the 1936 Berlin Games and the 1976 Montreal Olympics, which left taxpayers in debt for decades. Join us as we delve into the economic impacts of hosting the Olympics, the promises of infrastructure and job creation, and the harsh realities that often follow. Are these grand spectacles of sportsmanship and national pride truly beneficial, or are they merely costly national vanity projects? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Olympics #Incogni ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Take your personal data back with Incogni! Use code ECONOMICS at the link below and get 60% off an annual plan: http://incogni.com/ECONOMICS Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson UPPER MIDDLE CLASS jenni himelic, Tarun B, Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, Jay Eno, Grégoire Duchéne, Sophie G, Brett Jubinville, Anthony Roberts, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Julian Gilyadov, Eric, Larry Brown, Rudy Salazar, Bill Calkins, Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensn, Aryan, William Sherlock, Gerhardus, URtheOneNemo, Chris, Brian, Vladimir Zotov, Seth, Jason, Jamie Costello, Leah Klearman, PsOFa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Kieran VR, Thomas Davenport, Kim Brand, Ted Marcy, Joe Ryan, Wees Kendall, Shane Guthrie, Karan Mehta, ToGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Wesley Fite, David Mcllveen, Anthony, Daniel Alberto VAjzqu, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, Michael KAYarbis, Hugh Harris, David W., DarH, will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggt, PM, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, Kevin Macintyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Zachary Kasow, Reuben Field, Nigel Pauli, Jacob, ABS, Matt McKee, Victor T., John c, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up and download for FREE: https://grammarly.com/economics07 Hawaii, the last state to join the USA, is renowned not just for its pivotal role in military operations and its allure as a top tourist destination, but also for its significant economic contributions on a global scale. Despite its modest size and remote location, the Hawaiian Islands boast an economic output rivaling countries like Bulgaria and Ecuador. This video delves into how Hawaii has carved out this economic niche, presenting a unique case study that challenges conventional measures of prosperity. While for many, Hawaii represents the perfect surfing getaway or a strategic naval base, the reality for its residents is a daily life marked by unique economic challenges. The state grapples with some of the highest living costs in the world, lacking the high-paying jobs that usually justify such expenses. From costly day-to-day necessities influenced by its isolation and tourist appeal to critical lapses in economic policy, this video examines the underlying issues that could be improved almost immediately—if there was a political will to address them. Is it really just the price of living in paradise? This video questions whether these economic challenges can be managed without giving the state an unfair advantage and explores the potential consequences of neglecting these issues. How does Hawaii compare to other states and global economies when addressing these pressing concerns? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained #EconomicsExplained #Grammarly #Hawaii ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Get a free 14-day trial of Odoo’s all-in-one business solution and see how it can make your life easier! Check it out at https://www.odoo.com/r/9wv. In this video, we explore the dramatic changes in Portugal's economy driven by the influx of digital nomads. Discover how warm sandy beaches, vibrant culture, excellent internet speeds, and affordable living costs have transformed Portugal into a top destination for remote workers from high-income countries. We delve into the benefits, like increased spending on local goods and services and investment in businesses, particularly in Lisbon, where cafes, coworking spaces, and the tourism sector thrive. However, this boom isn't without its downsides. Rising housing prices and rent due to the demand from digital nomads are creating challenges for local residents. We examine the complex balance Portugal faces between economic growth and local affordability. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

https://www.trading212.com/join/EE and get a random fractional free share worth up to €100! Welcome to Ireland, a nation with two contrasting economic realities. On the surface, Ireland's economy appears as one of the world’s richest, only behind Luxembourg in the IMF rankings, surpassing global economic leaders like Switzerland and the USA. But delve deeper, and you discover a more complex narrative. For much of its history, Ireland has grappled with severe poverty and economic instability. Yet, the past two decades have painted a picture of unprecedented wealth, presenting Ireland as the richest major economy on paper. This fairytale, however, is powered by what many would call creative accounting, rather than a genuine economic revolution. In this video, we explore the dichotomy between Ireland's 'make-believe' economy—fueled by offshore trillions and favorable tax laws—and its 'real' economy, composed of hard-working individuals and traditional businesses. We delve into how these two facets interact, the benefits of being a business haven comparable to New York or Singapore, and the inherent risks of building prosperity on precarious financial strategies. Join us as we unpack the intricate dance between Ireland’s enticing tax policies and its real economic substance, evaluating both the high stakes and the high gains of this fascinating economic setup. What does this mean for the future of Ireland’s economy? #EconomicsExplained #Ireland #Trading212 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up and download for FREE using my link https://grammarly.com/economics06 Discover the hidden gem of Southeast Asia! The Philippines is rapidly growing into a global economic powerhouse, leveraging its vibrant workforce and unique strategies. Uncover the fascinating influence of its complex history with the USA and dive into the challenges it faces, from corruption to inequality. Join us on an exciting journey as we rank the Philippines on the Economics Explained Leaderboard! This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained #EconomicsExplained #Grammarly #Philippines ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up on Trading212 at https://www.trading212.com/promocodes/EE and get a random fractional free share worth up to €100! Discover the Netherlands' unique economic journey, from pioneering modern trade and finance to overcoming Dutch Disease. See why it's one of the most productive and livable countries today. Can other economies learn from the Dutch model? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained #EconomicsExplained #NetherlandsEconomy #Trading212 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Get 20% off DeleteMe US consumer plans when you go to https://joindeleteme.com/EE20 and use promo code EE20 at checkout Turkey's economy faces severe inflation and a 96% devaluation of the Lira. Despite recent interest rate hikes, stabilization remains elusive. Will Turkey overcome its economic challenges, or is it too late? Discover the unfolding story! This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained #EconomiscExplained #TurkeyEconomy #DeleteMe ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Step into Summer fun activities with Vessi! Visit https://vessi.com/economics for an automatic 15% off your first purchase at checkout! Mississippi, once the richest state in the USA, now has the lowest GDP per capita, highest poverty rate, and slowest growth. What caused this dramatic decline? Let's find out. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #economicsexplained #mississippi #usaeconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, Jill Hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Use my link https://ground.news/explained to get 40% off the Vantage plan. Access local perspectives to better understand world politics and current events with Ground News. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

You can use InVideo AI for free, but for $20/month you get access to millions of stock footage clips without watermark, go to https://invideo.io/i/EconomicsExplained For decades now economists have been predicting that India would become an economic superpower, and in part, it has. India's workforce is younger than China's and wages are lower meaning they have been well placed to take low ticket manufacturing jobs from China. But could we expect to see India's economy grow and possibly even surpass China in the next decade? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@EconomiaExplicada-cz7zi Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #invideo #indiaeconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Thanks to Opera for sponsoring this video. Click here https://opr.as/vhcp-Economics-Explained to upgrade your browser for FREE! Bangladesh has a troubled past, but it has been in a great position to grow dramatically in much the same way that its neighbour China has done in the recent past. Bangladesh is still a highly labour intensive market which makes it a great place to get T-shirts made, but a number of factors have made it painfully slow to develop beyond that. Could Bangladesh change things to become the next China? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofBangladesh #operabrowser ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet, G Ash UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

If you're already a Notion AI user, you can get started today with Q&A already in your Notion workspace. If you’re interested in trying it out, join the waitlist to get early access: https://ntn.so/EconomicsExplained The EU, a unique economic giant, acts similarly to the US federal government, hinting at a "United States of Europe" with its shared currency, policies, and trade deals among 27 states. Despite its near-federal structure, it lacks some federation benefits, posing issues for its members. With a $20 trillion output, second only to the USA, it wields significant global influence. However, its major economies face stagnant growth, mirroring challenges for smaller members. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet, G Ash UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Play War Thunder today for free at https://playwt.link/economicsexplained and get your starting bonus of the exclusive vehicle decorator ‘Eagle of Valor’ plus 100,000 Silver Lions and 7 Days of Premium Account access. Oil and GDP are closely linked together, with the more oil consumed by a country generally meaning the higher the GDP of that country. With that said, energy costs of solar, wind and other technologies have come down substantially in recent decades meaning that "clean" solar power is actually one of the cheapest ways to generate electricity over its lifespan. So why haven't we switched completely over to solar? Well, it's not that easy. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #warthunder #oilandgas ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up and download for FREE using my link https://grammarly.com/economics03 Florida is growing... fast. Actually faster than most other states, which is astounding given that it is already the fourth largest state economy in the US. This might sound like great news for Floridians and the USA at large, but is there a hidden cost behind Florida's rapid growth? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #grammarly #Florida ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up on Trading212 at https://www.trading212.com/promocodes/EE and get a random fractional free share worth up to €100! *Terms and fees apply. "Made in Germany" carries with ti a kind of prestige, and a marker of quality. Germany is famous for it's incredible engineering and manufacturing talent, but more and more this is becoming a thing of the past as overseas manufacturers start to build up their centres, and can produce on a scale that Germany just can't keep up with. Is this crisis going to end German manufacturing? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. Africa is the poorest continent in the world. There are, as always, a lot of factors to consider as to why that is the case, but recently Daron Acemoglu and James A. Robinson from MIT have released a study detailing the surprising bigger factors in why Africa still struggles to build wealth despite massive amounts of incoming aid and charity work trying to improve the lives of people there. So what are the reasons why much of Africa can't seem to get out of poverty? Interview with Daron Acemoglu: https://open.spotify.com/episode/29baU0mwsDhQoTd3XVJzxt This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #betterhelp #africa ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Charles Youngs, Jeromy Johnson. UPPER MIDDLE CLASS Ernest Hua, Michael Wakim, Pineapples&bricks, Robert Abraham, Peter Wesselius, Michael Ling, Frank Soltero, David Poliakoff, Jay Eno, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Shane Wailes, Igor Bazarny MIDDLE CLASS Per von Zweigbergk, Malleus Flavus, Backartoffel, Andy Giesen, Christopher Kastensmidt, Aryan, William Sherlock, Gerhardus, Derrick Yowell, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Jason, Jamie Costello, Leah Klearman, Klaus Clemens, Ps0Fa, Abel, Randall Sylvia, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Kieran VR, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Karan Mehta, roGER, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Roman~1, Chris Hawkins, Wesley Fite, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://opr.as/919q-Economics-Explained to upgrade your browser for FREE! Thanks to Opera for sponsoring this video. Canada has gone through a lot in the last 10 years, and one of the biggest problems is the price of housing. Canadian cities are in such a small area of the country's landmass and housing construction has not kept up with the population, so housing prices have skyrocketed. Canada now finds itself in a bit of a population trap, where they can't afford to keep bringing in more people and put even more strain on housing, but they also can't afford not to. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #canadaeconomy #operabrowser ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up for a 14-day free trial and enjoy all the amazing features MyHeritage has to offer. https://bit.ly/EconomicsExplained We've talked about some incredibly poor countries on this channel before, but perhaps nothing as bad as the small East African country of Eritrea. This country is a complete military dictatorship, and has been called the North Korea of Africa. There are no free markets. No trading partners. Their debt to GDP ratio runs very high for one reason only: their country is in a critical region of the world for international shipping. But life really couldn't be much worse in Eritrea. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #MyHeritage ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up and download for FREE using my link https://grammarly.com/economics01 Capitalism is the system that has helped the world become infinitely more wealthy than it has ever been in human history, but there are problems. A disregard for the drawbacks of production like waste, pollution and inequality are often cited by people who want capitalism to be replaced by social democracy, communism or even anarchy. But even communist countries like the USSR and China have reluctantly returned to capitalism. So, is capitalism inevitable? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Grammarly #capitalism ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Sign up on Trading212 at https://www.trading212.com/promocodes/EE and get a random fractional free share worth up to €100. Terms and fees apply - https://www.trading212.com/terms/invest. France's problems arguably go back 200 years to their slow and steady approach to adopting industrialisation. While many other countries can learn from France's strong protection for workers' rights, at the moment this has made France a very uncompetitive country with some of the worst brain drain across the EU. Why work in France for lower wages when they can make so much more in the UK, Germany and the US. Is France stuck at just being the place with fancy handbags and perfumes, or can it change it's economy to stay internationally competitive? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #FranceEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Try Opera browser free today at https://opr.as/Opera-browser-EconomicsExplained and browse faster, safer and smarter. Apparently us guys think about the Roman Empire 5 times a day, but from an economic Perspective it's hard to see why. While they did build a lot of architectural monuments, their economy was actually rather pathetic by almost all metrics. Why was Rome, which had a large empire and notoriety throughout Europe for millennia after its demise, actually a very weak economy? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #romanempire ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Use code ECONOMICS at the link below and get 60% off an annual plan: http://incogni.com/ECONOMICS The Davos Summit of the World Economic Forum (WEF) draws a lot of attention every year. Started by German engineer Klaus Schwab, the WEF the stated mission to "engage business, political, academic and other leaders of society to shape global, regional and industry agendas.” It's no wonder there are a lot of conspiracy hypotheses about the real motivations of such an organisation. But despite their image as the club of the wealthy elites, the reality is much less sinister, but could somehow be worse than the conspiracy theories about lizard people... This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @context.matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #Davos #worldeconomicforum ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. There is no more deadly area in the world than the DMZ between North and South Korea. Millions of mines, and lots of guns and surveillance prevent anyone from crossing. But if tensions were to somehow stop and North and South Korea reunite into one country, it would still be almost impossible to combine their economies. Why would we not be able to use the lessons learned by the reunification of East and West Germany? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #northkorea #betterhelp ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://ground.news/explained to see through media bias and know where your news is coming from, and get 30% off an annual subscription through our link. Japan's economy has been stagnant for 2 decades, and while some economists look at this as an outlier, it might be something that just happens to all advanced economies, and Japan just got there first. After suffering the "lost generation", can Japan come back and recover growth, or is their fate one we will all eventually reach? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofJapan #lostgeneration ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://speakly.app.link/economicsexplained and get a 7 day free trial and 60% off an annual subscription. While California is famous for its industries, Texas has so many incredible advantages and opportunities that it could one day overtake the biggest state economy in the US. What possible issues could affect the rapidly growing Texan economy, and what could its future look like? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @context.matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofTexas ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://GiveWell.org/EconomicsExplained to donate. First-time donors who say they came from Economics Explained will get their first $100 matched. Australia's biggest export is natural resources, and as we have talked about on the channel many times, this isn't always a great thing for an economy. Resources don't provide much value to the local economy, especially in Australia where mines are thousands of miles from residential centres, and they don't employ all that many people for the massive wealth they create. Australia lags far behind technological centres like the US, but somehow has a strong economy. How has it done this and what can we learn from a country that just digs holes and builds homes? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofAustralia #GiveWell ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Start trading with zero-commission at https://www.trading212.com/promocodes/EE and use code EE to get a share worth up to £100. Disclosure: This is not financial advice. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results. 0.15% FX fee applies on some trades. There's a reason we include confidence and stability on our National Leaderboard. It might not be an easily measurable economic metric, but it can have a massive effect on a national economy. If people don't have confidence that a country is in good hands and will be managed well into the future, then they will stop investing there. So why is the UK having a crisis of confidence, and to what extent is London to blame for the two-tier society that the UK is becoming? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyoftheUK #UnitedKingdom ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Play World of Warships here: https://wo.ws/3GpEFdS Thank you World of Warships for sponsoring this video. During registration use the code HPPYNWYR2024 to receive a huge holiday starter pack including a free ship, 300 Doubloons, 1 million Credits, 7 days of Premium Account time, 1 ship, 3 Santa's Gift containers, the New Year Constellation flag, and 10 New Year Sky camouflages. Applicable to new users only. Greece became infamous for their economic stagnation following adoption of the Euro and subsequent over-spending and debt accumulation. But in recent years their economy has been improving and, while it isn't out of the woods yet, there have definitely been big improvements that are worth celebrating. Are they still broke, or will Greece's economy be an example to others how to recover from financial meltdown? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofGreece ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. 🚁🚁🚁 Check out our new channel https://www.youtube.com/@context.matters and watch the first three episodes: https://www.youtube.com/watch?v=ACPnlB4sP5g 🚁 https://youtu.be/SyQTLoJeg7c 🚁 https://youtu.be/yuwsJRnRwOc 🚁 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #betterhelp #nyc ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

🚁🚁🚁 Check out our new channel https://www.youtube.com/@context.matters and watch the first three episodes: https://www.youtube.com/watch?v=ACPnlB4sP5g 🚁 https://youtu.be/SyQTLoJeg7c 🚁 https://youtu.be/yuwsJRnRwOc 🚁 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Check out our other channels ▶️ Epic Economics @EconomicsIsEpic Context Matters @Context.Matters And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #ContextMatters #NewChannel ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud. The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

Go to https://ground.news/explained to see through media bias and know where your news is coming from. Take advantage of their Black Friday sale to get 40% off unlimited access. Sale ends November 30. Italy is in trouble... but this doesn't seem to be a new thing. With mountainous protection from the north and great trade connections through the Mediterranean sea, Italy has been in an ideal geographic position that has benefitted the country economically for millennia. After a decade of stagnation, can Italy boom like it has in the past, or is this time different? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofItaly #GroundNews ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud.

Go to https://GiveWell.org to donate. First-time donors who say they came from Economics Explained will get their first $100 matched. Most countries really want to bring in tourists for the big infusion of money into the local economy. But Bhutan makes it incredibly expensive to visit, and bans all visitors from climbing the parts of the Himalayan mountains that are within their borders. Why? Do they just want to protect their culture from tourists (with the hotels, photo spots and trouble that comes with them)? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofBhutan #SurfShark ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud.

Get an exclusive Surfshark Black Friday deal! Enter promo code ECONOMICS to get up to 6 additional months for free at https://surfshark.deals/ECONOMICS We all know that corruption is a bad thing. People in government or the public sector using their position to personally enrich themselves is a form of stealing, but in some situations this can actually help to grow an economy. But in what situations, and how long can corruption continue to grow an economy once it becomes more developed? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #corruption #surfshark ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud.

Thanks to Storyblocks for sponsoring this video! Download unlimited stock media at one set price with Storyblocks: https://storyblocks.com/EconomicsExplained The first video we did on this channel was about Norway, a country that has some of the wealthiest citizens in the world, as well as incredible economic management. They avoided the Dutch disease when they discovered offshore oil, but now they have discovered the world's largest reserves of phosphates. Could this strategic resource cause issues, or will it make Norwegians even more wealthy than they already are? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofNorway #storyblocks ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained Attribution credit: Hans Andreas Sem Lossius The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet UPPER CLASS Valkmit, Randall, Jeromy Johnson. ELITE CLASS Charles Youngs. UPPER MIDDLE CLASS Michael Wakim, Pineapples&bricks, Adrian Bellomo, Peter Wesselius, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Justin Thiele, William Sherlock, Gerhardus, Derrick Yowell, DionysusLin, BUBBA CONWAY, Chris, Brian, Vladimir Zotov, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Robert Abraham, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Karan Mehta, roGER, Marton Csikos, Randy Cleary, Arjan, Liubov Zvereva, Michael D. Hall, Long Phan, Craig Mews, Kent Klatchuk, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, "How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!", Michael Kürbis, Hugh Harris, David W., Dar H, Will, Kheng Lai Tan, David Taylor, Scott Greenwood, Jane Walerud, Zachary Demko, Michael Wolff, Siegfried Eggl, PM, Jack Annear, michael, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Kenneth Lum, Andrew Vinnichenko, Zachary Kasow, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Victor T., John C, Rimvydas, John Downie, Donald Wedington, Demo sthenes, Ed, Hayden van Reyswoud.

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. If unintended consequences aren't considered, there can be a real and deadly trade-off between economic benefit and human wellbeing. Making poor policy decisions that may seem like economic opportunities can and have lead to famines, economic collapse and people losing their livelihoods, homes and lives. This is why economics is so important, and poor economic decision making can literally be fatal for millions of people. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #unintendedconsequences #betterhelp ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Download Brave at https://www.brave.com/economics to get started. To get 25% off your first 3 months, open Brave on your computer and click “VPN” in the address bar. Enter code ECONOMICS at checkout for 25% off your first 3 months. We've avoided talking about the gender pay gap for a long time because, frankly, it's an emotional topic. But this year's Nobel Prize in Economics (Sveriges Riksbank Prize) was awarded to Claudia Goldin for her work explaining the gender pay gap using historical data and taking the emotion out of the equation. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Check out our other channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #nobelprize2023 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Try Opera browser free today at https://opr.as/Opera-browser-EconomicsExplained and browse faster, safer and smarter. Argentina's prosperity used to rival the US, but now it is bouncing between economic highs and lows. In just decades, it's seen rapid growth and dire crashes five times. What keeps derailing this nation's economy, and can it break the cycle, and what can we learn from their unique economic situation? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Epic Economics → https://www.youtube.com/@economicsexplainedessentia551 And our Language Channels → WirtschaftsWissen (GER) - https://www.youtube.com/@wirtschafts-wissen/ L'Économie Expliquée (FRE) - https://www.youtube.com/@Economie-Expliquee Economia Explicada (POR) - https://www.youtube.com/@Economia_Explicada Economía Explicada (SPA) - https://www.youtube.com/@Economia-Explicada اقتصاد العالم (AR) - https://www.youtube.com/channel/UC2e5T8HRatVL05rhhhqRkXA 経済会話 (JP) - https://www.youtube.com/@KeizaiKaiwa ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! #EconomicsExplained #EconomyofArgentina #operabrowser ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be sustainable? Now China faces deflation, and experts are worried that this could spell the end of the economic miracle. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #chinaeconomy #betterhelp ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Get The Ultimate Guide for Using ChatGPT at Work: https://clickhubspot.com/run Poland defies European economic trends by having one of the fastest-growing economies on the continent. While many European nations face stagnation, Poland shines, even outperforming its former Soviet counterparts, including resource-rich Russia. Despite historical challenges and its unique geopolitical situation, Poland's success offers insights for struggling economies worldwide, although it faces hurdles ahead. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #hubspot #EconomyofPoland ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Sign up for an account at http://grammarly.com/economics09. If you want to get access to extra features, get 20% off Grammarly Premium. Brunei is a welfare state, where the government basically pays for everything from national defence to schools, energy to heavily subsidised housing. But their oil reserves are running out and they aren't diversifying their export industry quickly enough to prepare for the day when they no longer have a free lunch. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #Grammarly #EconomyofBrunei ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Use our code EE30 for 30% off a yearly plan on Curiosity Stream: https://curiositystream.com/economicsexplained/index.html?utm_source=ee&utm_medium=ytvideo&utm_campaign=september&utm_content=russia-recovery The Russian invasion of Ukraine has caused an estimated 500,000 casualties and significant infrastructure damage. Rebuilding Ukraine could cost half a trillion dollars, but can we make Russia pay for it? What's the optimal recovery plan to reduce tensions, and and have peace and prosperity? What does history show will result from punishing Russia for this conflict? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #russiaukrainewar #curiositystream ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription → https://brilliant.org/economicsexplained Niger's coup has set a lot in motion. It's rich in uranium which has gotten France involved, and China's belt and road initiative was set to draw oil from Niger, which could help grow their desperately poor economy, and somehow Russia's Wagner group is involved. But with its suspended membership of ECOWAS, things are about to get much worse. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #niger #nigercoup ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

Get an exclusive Surfshark deal! Enter promo code ECONOMICS for an extra 3 months free at https://surfshark.deals/ECONOMICS There's a massive cost that every developed economy has to deal with that nobody talks about... Infrastructure maintenance. It sounds boring but all of those developments that governments love to talk up can end up costing a fortune to maintain. So what can we do about this and why is this such a problem? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #infrastructure #infrastructuremaintenance ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: 👑 ROYALTY CLASS 👑 Juan Benet ELITE CLASS Charles Youngs UPPER CLASS Jeromy Johnson UPPER MIDDLE CLASS Wendover Productions, Igor Bazarny, Andrew Harrison, Paul Ashworth, Laor Glukhovsky, Kib Bibens-LeFebvre, Post Apocalyptic In Missouri, Brett Jubinville, JKH, Anthony Roberts, jill hoffman, Nathan Ngumi, Forodon, Michael Ling, Sophie G, Frank Soltero, Grégoire Duchêne, Jay Eno, David Poliakoff, Stephanie Roth, Peter Wesselius, std__mpa, Pineapples&bricks, Adrian Bellomo, Rory Struthers. MIDDLE CLASS Steffen Lindner, Hayden van Reyswoud, John C, Donald Wedington, Demo sthenes, Rimvydas, John Downie, Sridev, Matt McKee, Victor T., Andrew Vinnichenko, Zachary Kasow, Johannes, Nigel Pauli, Jacob, Pedro Brito, Marton Szasz, Travis Thompson, Matthew Eggleston, Michael Kürbis, Anthony, Trevor, Marcel Roquette, Daniel Hall, John D Tyler, Petronio Coelho, Kevin MacIntyre, Craig Mews, Jonathan Krailler, Franklin, PM, Jack Annear, michael, Connor Costello, Reuben Field, Siegfried Eggl, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Will, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Ed, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, David McIlveen, Arend Peter Castelein, Kent Klatchuk, Hugh Harris, David W., Chris Hawkins, Robert Nyborg, Leo Vassershteyn, Kheng Lai Tan, Roman~1, Wesley Fite, Zac Woodrell, Michael D. Hall, Randy Cleary, Long Phan, Liubov Zvereva, AB3, Karan Mehta, Arjan, Marton Csikos, Alex, Justin Smith, Wees Kendall, John Issitt, Eric Slimko, Empyre18, Brian Jackson, Istvan P, Joe Ryan, Patrick Staight, Shane Guthrie, Elisabeth Stanfield, Joshua White, Andrew Baartz, Ash, Abel, Kim Brand, Ted Marcy, Jim Kirker, roGER, Leonid Sorokoumov, Nicholas Luchetta, Kenneth Lum, Thomas Davenport, Robert Abraham, Ps0Fa, Klaus Clemens, Derrick Yowell, BUBBA CONWAY, Seth, Alex Wong, Jamie Costello, Rick Van Velden, Bacongravy, Leah Klearman, Jason, Tenebrion, Dragan Alexandru, Vladimir Zotov, Brian, Chris, DionysusLin, William Sherlock, Justin Thiele, Gerhardus.

If you’re struggling, consider therapy with BetterHelp. Click https://betterhelp.com/ee for a 10% discount on your first month of therapy with a credentialed professional specific to your needs. Michael Burry, the investor made famous when he shorted the US housing market before the crash of 2008, has recently bet against the US Bond market. What relationship between the economy and the stock market made him think this would work, and is this a sign of things to come? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to https://drinktrade.com/economicsexplained to get a free bag of coffee with any Trade subscription! With billionaires like Elon Musk and Jeff Bezos setting their sights on space exploration and development, there must be some commercially viable industries in space and on Mars, right? Well, it's a little more complicated than just mining the asteroids that contain trillions of dollars of value, or building heavy things in micro-gravity, and certainly a base on Mars might cost more than it's worth. Making Mars a viable economy might not even be possible. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomyofMars #MarsColonization ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to https://hensonshaving.com/economics or use code 'Economics' at checkout to get 100 free blades (3-4 years of shaves) for free with your razor purchase. Sometimes as economists we need to analyse complex decisions to understand what the outcomes might be. On the more baffling end of the scale we have Saudi Arabia spending billions on football, golf and Formula 1 stars who are mostly a little past their prime to come and play in the largely unknown Saudi leagues. Is this simply sports-washing (a PR stunt) or is there something more clever going on? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Try Hubspot's drag and drop website builder for FREE here: https://clickhubspot.com/ch9 California, the US's third largest state, ranks as the world's 4th or 5th economy all by itself. With an output over $3.5 trillion, Californians are among the globe's top producers. But despite its growth, the state faces challenges: global pressures, population decline, and social problems. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. Singapore, once a poor nation, rose to the 33rd largest economy in 50 years, inspiring other countries globally. Yet, its unique journey, often misunderstood to be solely based on glamorous industries, is not easy to replicate, and many economists forget the draconian measures it took to build Singapore into the wealthy country it is today. Economy of Indonesia video: https://youtu.be/E_M1pX1EeHo Economy of Luxembourg video: https://youtu.be/LKPQHHCcRA0 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomyofSingapore #SingaporeEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Switch to the good habit with https://tryfum.com/EE and use code EE to save additional 10% off your order. Thanks FÜM for sponsoring this video! Unfortunately for theoretical economists, we are not allowed to run economics experiments on the whole of society to see definitively whether or not certain economic policies or systems work in practice. Millions of lives hang in the balance, so this is an ethical non-starter. But we can study countries that have experimented with socialism, communism, and laissez faire capitalism to see what the outcomes are. And the experiments have been done. Check out our video on the Dutch East India Company, the most influential multi-national company in history, over at Epic Economics: https://youtu.be/zjD9QEmwKF0 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Start speaking a new language in 3 weeks with Babbel. 🎉 Get up to 60% OFF your subscription ➡️ Here: https://try.babbel.com/influencer-evergreen-desk-flags/?bsc=1200m60-youtube-economicsexplained-aug-2023&btp=default&utm_campaign=economicsexplained-youtube-influencer-aug-2023-influencer60&utm_content=Influencer..economicsexplained..USA..YouTube&utm_medium=paidsocial&utm_source=YouTube&utm_term=generic_v1 Is $2.2 trillion per year wasted on the military, or is this massive spending necessary to defend the freedoms we enjoy. In this video we explain why military spending may be a necessary evil using the prisoner's dilemma and reframing some narratives about military spending you may have heard. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #militaryspending #gametheory ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription → https://brilliant.org/economicsexplained It might sound absurd, but some economists are talking about the possibility of the US defaulting on its debts, closing off to global trade and using its own domestic industries and energy production to save its economy, which currently is tipping further and further into unsustainable national debt (Fitch just downgraded the US credit rating from AAA to AA+). This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #AmericanIsolation #DambisaMoyo ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Trade wars are costing the world trillions of dollars every year, but far less attention is paid to the movement and control of the movement of skills and labour. It is much easier than ever before to take an education and move to a country where workers can benefit personally, but at a certain cost to the country that trained them. Skills wars may be the new trade wars. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #tradewars #skilledmigration ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Thanks Morning Brew for my daily news briefing - sign up for free here: https://morningbrewdaily.com/economicsexplained Check out Part 2 on our Patreon - Indonesia's Banking Problem ➡️ https://www.patreon.com/EconomicsExplained Indonesia's economy has been growing rapidly, and thanks to a younger population it could be on track to become one of the biggest economies in the world. There are a few things holding Indonesia back, such as Jakarta sinking into the ocean, but with their natural resource wealth and access to the world's oceans, it could become a huge player in making the goods we all use every day. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to https://ground.news/explained to get 30% OFF and stay fully informed on breaking news, compare coverage and avoid media bias. When people think of Taiwan, they mostly think of tensions with China and the fact that Taiwan is a major manufacturing centre for the world's semiconductors. But Taiwan's leaders actually made some big bets decades ago that are paying off now, with a GDP per capita roughly 3 times that of mainland China. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #TaiwanEconomy #TaiwanExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to our sponsor https://betterhelp.com/ee to get 10% off your first month, and talk to a licensed therapist today. The global wealth disparity has been greatly exacerbated by the pandemic, and there is a concentration of wealth among the top 1.2% of people. We explore factors causing inequality, the role of debt, and finding an optimal level of inequality (because you do need some). This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #incomeinequality #inequality ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

The first 1,000 people to use the link will get a 1 month free trial of Skillshare https://skl.sh/economicsexplained07231 Our First EVER Audience Survey, thanks for telling us your opinion: https://forms.gle/YkSX8v8zQYkooPy1A Despite Mexico's strategic advantages and booming manufacturing sector due to global trade shifts, they haven't taken opportunities to replace China as a major manufacturer for the US. What factors stifle Mexico's growth and are there drawbacks to its proximity to the US? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomyofMexico #MexicoEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Is the global debt of over $300 trillion really a problem? And does debt for the global economy work in a different way from debt on an individual level? In this video we'll explain who holds all the debt that countries and businesses owe, and whether this will be a big problem in the near future. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #GlobalDebt #EconomicsExplained #debtcrisis ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

The first 100 people who sign up using the link in the description will have 10 extra trees planted in their name! https://www.wren.co/start/economics This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Despite having very high taxes compared with other developed countries, Finland has become a very successful country that tops a lot of global leaderboards for education, safety and social security. After the collapse of the Soviet block their economy struggled, so how they they go from a disconnected and under-utilised economies to a powerhouse in Europe? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Finland #EconomicsExplained #NationalEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Protect yourself online with Guardio, and get a free security scan and 7-day FREE trial, plus 20% off a membership at https://guard.io/EE The US has had a much greater level of growth than the EU in the past decade despite the pandemic and Europe having a large collection of advanced economies with highly educated populations. Why is Europe always lagging behind? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EUEconomy #Eurozone ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

The first 100 people who sign up using the link in the description will have 10 extra trees planted in their name! https://www.wren.co/start/economics Tuvalu is a tiny island nation confronting existential threats. Rising sea levels jeopardize its sparse population and limited economy. As the nation becomes inhabitable, this video will explore what the economy of Tuvalu is reliant upon, and the measures to save it. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Start speaking a new language in 3 weeks with Babbel 🎉. Get up to 60% OFF your subscription ➡Here: https://go.babbel.com/t?bsc=1200m60-youtube-economicsexplained-jun-2023&btp=default&utm_term=generic_v1&utm_medium=paidsocial&utm_source=YouTube&utm_content=Influencer..economicsexplained..USA..YouTube This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Education is rightly seen as one of the best ways to develop a country’s economy, as more productive workers can create better living standards for everyone. But is there a limit to the benefits of education and should countries be wary of this double-edged sword? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Get a 7-day free trial and 25% off Blinkist Annual Premium by clicking here: https://www.blinkist.com/economics Will all cities end up like Detroit? What caused Detroit to lose 60% of it's population since 1950 and is there a way to help residents and industries in shrinking cities to have a better quality of life and work? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #Detroit #ShrinkingCities #SmartShrinkage ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

You’ll be amazed at what you can do with GrammarlyGO. Sign up at https://grammarly.com/ee06 and get 20% off Grammarly Premium. In this video we delve into Somalia's perilous economic situation after the government collapse in 1991, and reform in 2012. How are international relations, is there potential for recovery, and what lessons can we learn from this extreme economy. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #Somalia #Anarchy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: UPPER CLASS Jeromy Johnson, Juan Benet UPPER MIDDLE CLASS Pineapples&bricks, Adrian Bellomo, Maximiliano Rios, Peter Wesselius, std__mpa, Bac Nguyen, Michael Ling, Stephanie Roth, Frank Soltero, David Poliakoff, Jay Eno, Ryan Foo, Grégoire Duchêne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Nathan Ngumi, JKH, Post Apocalyptic In Missouri, Constanza de Svastich, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Paul Ashworth, Igor Stavchanskiy, Mcfeld, Wendover Productions, Andrew Harrison, Igor Bazarny. MIDDLE CLASS Brian, Vladimir Zotov, Stefano Panaro, Seth, Dragan Alexandru, Tenebrion, Jason, Alex Wong, Jamie Costello, Rick Van Velden, Leah Klearman, Bacongravy, Klaus Clemens, Ps0Fa, Abel, Eric Slimko, Adam, Empyre18, Brian Jackson, Istvan P, Johann Döpke, Leonid Sorokoumov, Thomas Davenport, Nicholas Luchetta, Kim Brand, Ted Marcy, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Jim Kirker, Justin Smith, Karan Mehta, Alex, roGER, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES, Zac Woodrell, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Anthony, Arend Peter Castelein, Daniel Alberto Vázquez Rodríguez, Kamil Sicinski, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Michael Kürbis, Hugh Harris, David W., Will, Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Steffen Lindner, Siegfried Eggl, PM, Jack Annear, michael, Jonathan Krailler, Franklin, Trevor, Marcel Roquette, Daniel Hall, Connor Costello, John D Tyler, Petronio Coelho, Kevin MacIntyre, Travis Thompson, Matthew Eggleston, Andrew Vinnichenko, Zachary Kasow, AZbytes, Johannes, Reuben Field, Nigel Pauli, Jacob, AB3, Sridev, Matt McKee, Norrawed Setthiwong, Victor T., Pedro Brito, Michael Salt, John C, Rimvydas, George Dusu, John Downie, Shivan, Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Hayden van Reyswoud.

Go to https://sponsr.is/cs_economicsexplained and use code ECONOMICSEXPLAINED to save 25% off today. Thanks to Curiosity Stream for sponsoring today’s video. Germany has a unique economy that combines the best factors of capitalism, competition, and innovation with strong social policies, making it the 4th largest economy in the world. However, Germany is facing new challenges, such as the war in Ukraine, which could slow down it’s economic competitiveness. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomyofGermany #NationalEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

Use code ECONOMICS to get 55% off your first month at Scentbird - https://sbird.co/3YpfuQk This month I received... East 12th by Ash by Ashley Benson https://sbird.co/3x81ONg Joga by Eauso Vert https://sbird.co/3xd5rSl Paragon by Initio Parfums Prives https://sbird.co/3HOXwzk Kinetic by TUMI https://sbird.co/3RNNljp Montabaco Verano by Ormonde Jayne https://sbird.co/3jHKAn5 Vetiver in Bloom by Scents of Wood https://sbird.co/3jMjbAm Tokyo, one of the world's richest cities, thrives amidst Japan's economic stagnation. But what's behind the disparity between the city and the countryside. Migration, innovation, and birth rates are all important to understand the reason for the biggest inequality gap that nobody talks about. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #Tokyo #Inequality ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

BRICS is the influential economic alliance of Brazil, Russia, India, China, and South Africa, and it is reshaping the global economy. Plans for increased trade and a common currency may challenge the West, leading to concerns about political and economic shifts globally. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #BRICS #ReserveCurrency ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Economists can't seem to decide if we need more or fewer children? Does overpopulation drain Earth's resources too much or does an ageing population threaten economies? What challenges does either option present and can we solve this paradox? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #Overpopulation #PopulationCollapse ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained What has prevented Iran, teeming with natural resources and a young, educated population, from becoming a world-leading economy? How did it go from rapid growth to economic failure, and why is it still unable to fulfil it's potential? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomyofIran #FailedEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription → https://brilliant.org/economicsexplained What led to Lebanon's devastating economic crisis, causing a shrinking population and half of its GDP to vanish? Why did it collapse, and what are the implications for other developing nations facing similar challenges? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomicCollapse #LebanonEconomy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

Learn how you can use AI tools with Hubspot’s Free eBook: https://clickhubspot.com/ee After the launch of Chat-GPT and Dall-E, AI started to raise concerns for jobs and society. As machines and sophisticated technologies surpass human abilities, a growing number of complex jobs are being outsourced to machines who can do better work for a lower cost. This prompts questions about how economic systems can adapt to most people having a net negative economic value. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

By joining through our link → https://Shortform.com/ee, you'll receive a FREE trial and 3 months off an Annual Sub! This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained In this video we wanted to highlight the paradox of global economic growth alongside isolated national crises. Why do certain economies like Lebanon, Sri Lanka, and Pakistan face collapse when the global economy is reaching unprecedented highs? We'll identify common factors behind these failures, and discuss potential solutions to safeguard other nations from similar fates. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #WhyNationsFail #EconomicCollapse ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

Go to my sponsor https://aura.com/economics to get a 14 day free trial and see if your personal information has been leaked online. Despite geographical challenges, hostile neighbors, and limited resources, Israel has become one of the world's wealthiest and most advanced economies. This video explores how Israel overcame economic failure, what drives its growth, if its success can be replicated, and its future prospects. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #IsraelEconomy #Hyperinflation ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: MIDDLE CLASS PATRONS Andrew, Petronio, Istvan, Donald, David, Patrick, Demo, Arjan, Andrey, Ash, Jim, Michael, Shane, Eric, Simon, Stefano, Marton, Tahsin Likes Chips, Alex, Elisabeth, Empyre18, Seth, Dragan, Tenebrion, Jason, Aimee, Jamie, Rick, John, Leah, Bacongravy, Klaus, Ps0Fa, Abel, Adam, Brian, Johann, Leonid, Thomas, Nicholas, TParkin, Kim, Ted, Joshua, John, Joe, Wees, Justin, Karan, Alex, roGER, Marton, Randy, Liubov, Jeff, Michael, Long, hunter, Craig, Kent, Stefan, ZETTAwith3TEEES, Zac, Jacqueline, Roman~1, Chris, Wesley, Robert, David, Anthony, Arend Peter, Daniel, Kamil, Dodd, Leo, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Hugh, David, Will, Kheng Lai, Scott, Jane, Zachary, Michael, Steffen, skuerzo, Siegfried, PM, Jack, michael, Jonathan, Franklin, Trevor, Marcel, Daniel, Bradley, Connor, John, Kevin, Travis, Matthew, Andrew, Zachary, AZbytes, Johannes, Reuben, Nigel, Jacob, AB3, Sridev, Matt, Norrawed, Victor, Pedro, Michael, John, Rimvydas, George, John, Shivan, Caleb, Brenton, Hayden. UPPER MIDDLE CLASS PATRONS Anthony, Cy 'kkm' K'Nelson, Stephanie, JKH, Grégoire, Mikhail1, Laor, Maximiliano, Pineapples&bricks, Peter, std__mpa, Bac, Michael, Bob, Frank, David, Jay, Ryan, Sophie, Brett, Jill, Nathan, Post Apocalyptic In Missouri, Constanza, Kib, Forodon, Daniel, Paul, Igor, Mcfeld, Wendover Productions, Andrew, Morgon, Igor. UPPER CLASS PATRONS Jeromy Johnson, Juan Benet

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained In this video we show the economic misunderstandings around economies of scale & induced demand that still pervade in economics journalism and reporting. Learn how misconceptions about these basic economic concepts can impact city planning, business growth, and national policies. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #EconomicsExplained #EconomicsMyths #BasicEconomics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas, BlobyTwo

➡️ Go to https://Public.com/ee to unlock 4.9% APY France's economy faces turmoil due to strikes over retirement age increase. Essential industries grind to a halt as violence and unrest dissuade tourism. This video explores economic arguments, lessons for other nations, and potential impact on the Eurozone. We also spoke to Dr. Tomasz Michalski, a professor at HEC and a resident of Paris, living and working in the city while these events unfold. Our full interview with him is live on our Spotify podcast page now: 🎧 Listen at: https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhere else you listen! Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas, BlobyTwo Disclosures: This video includes a paid endorsement for Open to the Public Investing, Inc., member FINRA & SIPC. This does not constitute investment advice. Investing involves the risk of loss, including loss of principal. Full disclosures can be found at public.com/disclosures. All U.S. treasury investments and investment advisory services offered on Public are provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS. Investments in T-bills: Not FDIC Insured - No Bank Guarantee - May Lose Value Banking services provided by Jiko Bank, a division of Mid-Central National Bank. #EconomicsExplained #FrancePension #pensionreform

Check out https://www.sahg6dtr.com/23FZ4MS/XCQZJ/ to get access to Alpha Picks by Seeking Alpha and benefit from the special offer to the Economics Explained community. ❤️ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained We're exploring South Korea's impressive economic transformation, from an agrarian backwater to a global powerhouse. Home to internationally recognized companies and cutting-edge industries, South Korea is a fascinating case study for economists worldwide. In this video, we'll examine the drivers of South Korea's potential growth in the next decade, the obstacles that could undermine its entire economic system, and why this is all so important for the rest of us outside South Korea for our own economies. Then we'll rank South Korea on the Economics Explained National Leaderboard. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained In this video, we will rank the European Union (EU) on the Economics Explained National Leaderboard, exploring the economic challenges and opportunities facing this joint group of member states. The EU collectively represents the third largest economy in the world, after China and the USA, with a population of 447 million people and 20 member countries that use the Euro, the second most widely held reserve currency after the USD. The five biggest countries in the EU by population are Germany, France, Italy, Spain, and Poland, and the region has a significant impact on the global economy. However, the EU faces several significant economic challenges, including the debt crisis, Brexit, and tensions with major energy suppliers. We will also examine the potential impact of a non-unified Europe on the global economy and the likelihood of other nations following the UK's example and leaving the union. By exploring these issues, viewers can gain insights into the workings of economic unions and the potential future of the EU. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

By joining through our link → https://Shortform.com/ee, you'll receive a FREE trial and 3 months off an Annual Sub! Listen to our full interview with Jean-Edouard Colliard on Spotify: https://open.spotify.com/episode/55cacLnxMcB3mLXopkbISR?si=355afe2155de4e67 This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained The video describes the recent banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, causing bank runs and putting pressure on other banks like Credit Suisse. This is reminiscent of past US banking disasters such as the Great Depression and the 2008 recession. Many economists predict that more banks around the world will face similar pressures, and the video raises important questions about the causes and potential consequences of these failures. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

In this video we go over Zimbabwe's recent policy to ban the export of raw lithium and what this could mean for the African nation's economy. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Listen to the full interview with Nouriel Roubini on Spotify: https://open.spotify.com/episode/1RthWiQ9jElT1B9vlaG5Bv?si=8a81b84e53484ce2 Dr. Roubini's full book: https://www.littlebrown.com/titles/nouriel-roubini/megathreats/9780316284059/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Economist Nouriel Roubini discusses potential Economic Megathreats including the end of globalization, easy money leading to stagflation, the growing debt crisis, AI's threat to worker and consumer-based economies, and climate change. While economists cannot predict the future, understanding worst-case scenarios and offering solutions is crucial. The video explores the solutions to these problems and ends with a fun "Economics Explained National Leaderboard" to rank the global economy. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get a 60-day free trial at https://www.shipstation.com/economic. Thanks to ShipStation for sponsoring the show! This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Discover the secrets behind the success of the richest country in the world with this fascinating video on Luxembourg's economy. With the highest per capita income and most millionaires, Luxembourg has set the benchmark for economic prosperity. Join us as we explore the key factors that make Luxembourg's economy stand out and what other economies can learn from it. From its favorable tax policies to its strategic location in Europe, Luxembourg offers valuable insights into how to build a thriving economy. Watch now and unlock the secrets of Luxembourg's economic success! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Thank you for watching! It can become challenging to communicate online and work from home. With the help of Grammarly, the right tone can move any project forward! Sign up for an account and get 20% off Grammarly Premium: https://grammarly.com/economicsexplained Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what are the possible solutions? 0:00 - 3:34 Intro 3:35 - 5:49 Emerging market debt 5:50 - 6:45 Advanced economies 6:46 - 7:50 Pakistan's vulnerability 7:51 - 11:00 Asian financial crisis 11:01 - 12:00 Pakistan's previous resilience 12:01 - 14:46 Why Pakistan is struggling today 14:47 - 17:00 Solutions 17:01 National leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #grammarly #pakistan #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

🤝 Join CourseCareers today to start your new high paying tech career: https://coursecareers.com/economics. *Use Discount Code: " EE50" to get $50 off the full course The phenomenon of brain drain is when the best and brightest workers from poor countries immigrate to rich countries in the pursuit of higher pay and living conditions. This can hinder the development of poor countries because many of their best workers leave. 0:00 - 2:12 Intro 2:13 - 3:32 Course Careers 3:33 - 4:30 Advanced economies 4:31 - 6:35 What is brain drain 6:36 - 8:00 Demographics 8:01 - 9:20 Benefit to rich countries 9:21 - 12:16 Education 12:17 Solutions This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Income and wealth inequality are two of the most debate issues in the world of economics. In this video we look at some of the most equal countries in the world to see what they are doing right 0:00 - 2:05 Intro 2:06 - 4:30 Gini coefficient 4:31 - 6:15 Iceland 6:16 - 8:16 Government transfers 8:17 - 10:00 Laffer curve 10:01 - 15:00 Wealth inequality 15:01 Australia This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The internet is widely hailed as one of the most economically impact inventions of the modern era. But there is one much more mundane invention that at least one economist believes was even more important - the washing machine. 0:00 - 1:43 Intro 1:44 - 3:31 The rise of washing machines 3:32 - 5:10 Labour productivity 5:11 - 6:38 Women entering the workforce 6:39 - 8:00 Artificial intelligence 8:01 - 9:09 Labour force participation 9:10 - 11:20 Is the internet overrated? 11:21 The evidence This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Go to https://establishedtitles.com/Economics and help support the channel. They are now running a massive Valentine’s Day Sale, plus 10% off on any purchase with code ECONOMICS. Thanks to Established Titles for sponsoring this video! Established Titles is a fun novelty gift, meant for a good laugh and not to be taken too seriously. Established Titles bought a couple hundred acres of land in Scotland, and have pledged to protect it and keep it as is forever, and they donate to plant a tree for every order through Trees for the Future. The title packs do not grant the titleholder peerage or a right to rule, but are based on a historic Scottish custom, where landowners have been long referred to as “Lairds”, the Scottish term for “Lord”, with the female equivalent being “Lady”. 0:00 - 1:41 Intro 1:42 - 2:37 Established Titles 2:38 - 4:19 Importance of real estate 4:20 - 6:49 Rising prices 6:50 - 9:11 Government intervention 9:12 - 11:03 Canada investment ban 11:04 Unintended consequences ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Keep exploring at https://brilliant.org/economicsexplained/. Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription. With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals including Cobalt, which is an essential input to the production of lithium-ion batteries. The mineral resources are estimated to be worth $24 trillion. So why is the DRC so poor? 0:00 - 2:50 Democratic Republic of the Congo (DRC) 2:51 - 3:54 Brilliant 3:55 - 5:41 The Congo Crisis 5:42 - 9:03 Lack of investment 9:04 - 11:46 Extreme poverty 11:47 - 13:50 Self-sufficiency 13:51 National leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Protect yourself online with Guardio ⇨ https://guard.io/EE and get a 20% off with a free 7-day trial! Qatar has one of the highest rates of migrant workers of any country in the world with over 90% of residents being non-citizens. So why does Qatar need so many migrant works and why are so many migrant workers willing to go to Qatar? 0:00 - 2:12 Intro 2:13 - 3:33 Gaurd.io 3:34 - 6:04 Labour shortage 6:05 - 7:24 Why do migrants come? 7:25 - 10:17 Migrant remittances 10:18 - 12:49 Negative impacts 112:50 The human cost This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

📦 Get a 60-day free trial at → https://www.shipstation.com/economic. Thanks to ShipStation for sponsoring the show! This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained 0:00 - 2:28 Intro 2:29 - 3:33 Shipstation 3:34 - 5:10 Economic growth 5:11 - 6:25 Infrastructure spending 6:26 - 7:26 Overbuilding 7:27 - 12:59 Balance of payments 13:00 - 15:55 Debt crisis 15:56 - 17:44 Limits to Development 17:45 National Leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Over the past 2 decades Sri Lanka was one of the fastest growing economies in Asia thanks to its tourism industry and relatively educated workforce. To further bolster growth the government borrowed huge amounts of money at high interest rates. This eventually culminated with a debt crisis in 2022 which led to a near-total collapse in the economy. Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Protect yourself online with Guardio ⇨ https://guard.io/EE and get a 20% off with a free 7-day trial! It's no secret that China is facing a myriad of economic problems with many commentators predicting the impending collapse of the Chinese economy. But what would really happen is the world's second largest economy collapses? 0:00 - 2:22 Intro 2:23 - 3:42 Gaurd.io 3:43 - 6:53 The Soviet Example 6:54 - 8:20 Hypothetical Chinese collapse 8:21 - 11:05 Globalization 11:06 Why China won't collapse ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

💻 Try CleanMyMac X with 30% off https://bit.ly/EconomicsExplained2023. For limited-time offer use the code ECONOMICS. Over time it is almost taken as given that science and technology will evolve and improve over time. But does the same hold true for the field of economics? Will future generations achieve superior levels of wealth due to advancements in economics or have we already solved everything there is to discover? 0:00 - 2:30 Intro 2:31 - 4:03 CleanMyMac 4:04 - 6:59 Purpose of economics 7:00 - 8:58 End of mercantilism 8:59 - 11:22 Economic innovation 11:23 Is there a better way? Shop Economics Explained Merch: For North American and Australian residents: https://economics-explained.myspreadshop.com/ For European residents: https://economics-explained.myspreadshop.net/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a substance used in fertilizers. However, by the early 2000s they had completely run out of Phosphate the country's GDP declined by more than 90%. Check out our video about GDP on our second channel: https://www.youtube.com/watch?v=hVT2cjy8Pec&t=2s This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained Shop Economics Explained Merch: For North American and Australian residents: https://economics-explained.myspreadshop.com/ For European residents: https://economics-explained.myspreadshop.net/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Try Rocket Money for free: https://RocketMoney.com/EconomicsExplained #rocketmoney #personalfinance Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around the world all raising interest rates, will we finally see inflation go back down to more normal levels? 0:00 - 2:00 Intro 2:01 - 3:03 Rocket Money 3:04 - 4:25 Raisin interest rates 4:26 - 6:22 Stimulative effect of inflation 6:23 - 7:55 Cost of inflation 7:56 - 9:50 Price stickiness 9:51 Slow reduction of inflation Shop Economics Explained Merch: For North American and Australian residents: https://economics-explained.myspreadshop.com/ For European residents: https://economics-explained.myspreadshop.net/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Inflation #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained Over the past 30 years China has experienced perhaps the most impressive economic growth of any country in history. But these impressive growth numbers all come from official government statistics bureaus. How much can we trust the official statistics? 0:00 - 2:22 Intro 2:23 - 3:09 Morning Brew 3:10 - 6:12 Precision versus accuracy 6:13 - 7:14 China's data collection problems 7:15 - 8:40 Measurement difficulty 8:41 - 10:49 Cooking the books 10:50 - 12:35 Alternative data 12:36 - 16:15 Limitations of alternative data 16:16 Economics explained national leaderboard Shop Economics Explained Merch: For North American and Australian residents: https://economics-explained.myspreadshop.com/ For European residents: https://economics-explained.myspreadshop.net/ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/economicsexplained/ TikTok → https://www.tiktok.com/@economicsexplained #Economics #Explained #EconomicsExplained #china ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get Surfshark VPN at https://surfshark.deals/ECONOMICS - Enter promo code ECONOMICS for 85% off and 3 extra months free! Shop Economics Explained Merch: For North American and Australian residents: https://economics-explained.myspreadshop.com/ For European residents: https://economics-explained.myspreadshop.net/ 0:00 - 1:35 Economics Nobel Prize 1:36 - 2:55 Surfshark 2:56 - 4:19 Ben Bernanke 4:20 - 7:45 Great depression bank runs 7:46 - 9:00 2008 recession 9:01 - 13:11 Diamond Dybvig model 13:12 - 13:58 Importance of banks 13:59 - 15:07 Too big to fail? 15:08 EE merch store ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplained/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/economicsexplained Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. 🎨 See important Masterworks disclosures: http://masterworks.io/cd In this video we help you to be more knowledgeable about inflation by looking at countries, most notably Switzerland, that have bucked the global trend in 2022 by reporting tame inflation numbers. We look into what Switzerland did right and what other countries can learn from them. 0:00 - 2:09 Intro 2:10 - 4:30 What is inflation? 4:31 - 6:20 Masterworks 6:21 - 7:30 European inflation 7:31 - 9:04 CPI basket 9:05 - 10:10 Switzerland inflation 10:11 - 11:10 Swiss Franc 11:11 - 13:15 Trade intensity 13:16 What can we learn from Switzerland? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #EconomicsExplained #inflation #switzerland ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained 0:00 - 1:16 intro 1:17 - 2:08 Morning Brew 2:09 - 4:17 Trade wars 4:18 - 6:24 Global financial crisis 6:25 - 8:08 Stimulus 8:09 - 10:30 Supply side shock 10:31 - 12:45 Zombie companies 12:46 National leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Check out our second channel Economics Explained Essentials: https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g Follow us on TikTok: https://www.tiktok.com/@economicsexplained This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/economicsexplained Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. 🎨 See important Masterworks disclosures: http://masterworks.io/cd 0:00 - 2:00 Intro 2:01 - 5:00 Depreciation of the pound 5:34 - 7:38 Masterworks 7:39 - 9:18 Sanctions 9:19 - 11:50 Inflation crisis 11:51 - 12:46 Tax cuts 12:47 - 14:14 Energy price cap 14:15 - 16:28 Stability and confidence 16:29 - 18:05 Better alternatives 18:06 National leaderboard ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #uk #liztruss ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Take advantage of this special offer you can only get on my channel. To start your 7-day trial today go to https://trends.co/economicsexplained/ Saudi Arabia, Qatar, the UAE and other oil rich Middle Eastern states have announced plans to collectively invest trillions of dollars in new megaprojects, the most extreme of which is Saudi Arabia's $1 trillion 170km skyscraper called The Line. Why are these countries spending so much on mega projects and does it make any economic sense? 0:00 - 2:33 Intro 2:34 - 3:23 Trends 3:24 - 6:06 Dutch disease 6:07 - 10:25 Rybezynski's theorem 10:26 - 11:49 Dependence on oil 11:50 - 12:48 Norway example 12:49 - 13:50 Sovereign wealth funds 13:51 - 16:10 Mega projects 16:11 - 17:19 Tourism 17:20 Attracting businesses ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #EconomicsExplained #saudiarabia #neom #theline #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Up until 1990 India was slightly richer than China on a per capita basis, but since then China's economy has grown far faster than India's. In this video we look at the structural issues in India's economy have thus far prevented it from achieving the same level of economic success as China. 0:00 - 1:50 Intro 1:51 - 2:38 Morning Brew 2:39 - 3:25 Washington consensus 3:26 - 5:53 Protectionism 5:54 - 7:45 Export competitiveness 7:46 - 10:18 Bureaucracy 10:19 - 13:38 Manufacturing sector 13:39 - 16:18 Technology 16:19 - 18:40 Service sector 18:41 - 22:22 Informal economy 22:23 Limitless potential Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #india #china ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get up to $10,000 when you transfer your account from another brokerage depending on the amount. Sign up at ➡️ https://public.com/EE In this video we go over the pros and cons of a universal basic income. The US government spent over $5 trillion of economic stimulus and relief payments during the pandemic of 2020 and 2021. This is enough money to give every adult in the country $1,000 per month during this 2 year period. Would the money have been better spent just giving it directly to the people? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 0:00 - 1:48 intro 1:49 - 2:45 Public.com 2:46 - 4:14 What is UBI? 4:15 - 5:19 Existing welfare systems 5:20 - 6:42 Cost of UBI 6:43 - 11:44 Taxes 11:45 - 14:20 Inflation 14:21 - 15:40 Starting the conversation 15:41 Public.com Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #economicsexplained #ubi #andrewyang ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Keep exploring at https://brilliant.org/economicsexplained/. Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription. Sponsored by Brilliant ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #economics #china #collapse ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Keep exploring at https://brilliant.org/economicsexplained/. Get started for free, and hurry—the first 200 people get 20% off an annual premium subscription. Sponsored by Brilliant ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 0:00 - 2:15 Intro 2:16 - 3:12 Brilliant 3:13 - 4:02 GDP growth 4:03 - 4:53 Is growth bad? 4:54 - 7:00 Inequality 7:01 - 9:00 Resource depletion 9:01 - 11:01 Quality over quantity 11:02 - 12:22 Digital economy 12:23 A better way forward Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Instagram → https://www.instagram.com/economicsexplainedoffical/ Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx #Economics #Explained #EconomicsExplained #climatechange #sustainability ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Patrons, rotation 2 Delesdernier IV, Efe ??zyŽñlmaz, Emrys Brand, Patrick Anderson, '-, Jesus lovera, Hunter Wentland, Chris Roche, Jono Chadwell, Abenezer Samuel, Matthew Cataldo, Mario Diaz, p3ngwin , collin dsouza, Ryan Matthews, Beer van der Drift, Jake Nonnemaker, Andre Villarreal, tibo, Cathrin Machin, Gaurav Arora, Philip Mueller, Leonardo Bruzzichesi, Glen Knowles, Robin Johnson, Mason Shivers, Salt-Upon-Wounds , NoncompliantBanana, Janusz Wieczorek, Nicolas Guillaume, Gregory Tiesi, Bill Eaton, Samuel Elliott, larry82, Keith Turner, Michael U, Tactical Bagels, Michael , Adrian Grey, Jonas Jensen, Nelson W, Christopher Han, Jonathan Hoover, Mark , Elvis Stotland, Simon Venning, Jason Travis, Kris De Decker, Jacob Adams, Dan Renwick, Netherfield, Silvio, Artemaeus , Aleks D, Julian Khandros, Tom Flanigan, Jonathan Metter, Chris Froussios, Bill Coxon, Kathleen Ripley, Jesse Hallett, Rita Guimaraes, Bernardo Seixas, Albert Sheu, Steve Williamson, Nir Stalkol, Dennis Kane, gerrit landolt, Stu Mentha, Colin Tylk, Nathan Snyder, Daniel Lambert, Alexander Aeschbacher, Jacob Suter, rechid, Derek VerLee, Arto Karhu, Jean Lee, jose martinez, Consalvo , Justin Stephens, Finlay Middle class patrons, rotation 2 Michael K?¬rbis, Matthew Kelly, Nima Maghoul, justin bake, Michael Houlihan, Hugh Raymond Harris, David W., Will , Kheng Lai Tan, Andrey Kalganov, David Taylor, Scott Greenwood, Jane Walerud, Simon Sturmer, Zachary Demko, Michael Wolff, Simon Harman, skuerzo , Siegfried Eggl, PM, Jack Annear, michael , Jonathan Krailler, Franklin , Ivan , Tinni , Trevor, Marcel Roquette, Daniel Hall, Bradley Reimers, Connor Costello , John D Tyler, Petronio Coelho, Kevin MacIntyre, Alexander, Travis Thompson, Cliff Russell, Joseph Bateh, Matthew Eggleston, Marco Tamassia, Michael Weber, Andrew Vinnichenko, Zachary Kasow, AZbytes , Johannes , Reuben Field, Nigel Pauli , Jacob , AB3 , Mai Ly Fong, Sridev, Eric Schmidtke, CJ LaCour, Matt McKee, Norrawed Setthiwong, giatn giatn, Victor T., Pedro Brito, kekomod, Michael Salt, John C, Rimvydas , George Dusu, John Downie , Jimotei , Shivan , Caleb Adjokatse, Donald Wedington, Demo sthenes, Brenton Milne, Ed , Tom Szuszai, Hayden van Reyswoud, ReysDad Upper middle class patrons Andrew Schechtman, Michael Ling, Cy 'kkm' K'Nelson, Bob Burdett, Stephanie Roth, Frank Soltero, David Poliakoff, Johan Auster, Jay Eno, Philip, Ryan Foo, Gr??goire Duch?¦ne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Christopher Blackmon, Nathan Ngumi, JKH , Luis Bernal, Milo ­ RankoviŽ?, Denzil, Samantha Satow, Constanza de Svastich, Marie and Peter, Rachel Winters, Steffen Lindner, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Daniel Hardingham, Paul Ashworth, BlobyTwo , Igor Stavchanskiy, Mcfeld, Wendover Productions, Michael Chang, Shab Kumar, Andrew Harrison, Hector Mayorga, Alex Gogan, Morgon Goranson, Irsal Mashhor, Jack Doe, Igor Bazarny Upper class patrons Jeromy Johnson

Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained Since the end of world war 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as the second largest economy it makes some sense. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Explained #EconomicsExplained #China #Chinaeconomy 0:00 - 1:13 Intro 1:14 - 2:00 Morning Brew 2:01 - 3:55 Bretton Woods 3:56 - 5:20 USD as reserve currency 5:21 - 7:00 Advantages of reserve currency 7:01 - 9:00 China's plans 9:01 - 9:47 Belt and road initiative 9:48 - 11:45 Ukraine war 11:46 - 14:47 Problems with the Chinese yuan 14:48 Morning Brew Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Patrons, rotation 1 Andres Sepulveda, Antonio Morales, Joe Mulholland, Cypher Sand, cavemancamping, Michael Levin, Lauren, Randall Sylvia, Maff Bowers, Calvin, Guillermo, Sunil, Suhas Nadiga, Julius Schulte, Benjiman Law, Tom Aminikharrazi, Achilles Willow Keen, AJ Taylor, Trenton Campbell, Michele Mazzucchi, Robert Straw, Shane Nash, Kieran VR, Kersean Natividad, Nuno Costa, Farbod Baharkoush, Andrew Morgan, Andy Southgate, Ritch, Florian Verbeek, Craig A Stewart, Dean Basel, Fel Martins, josh, Markus Portmann, Daniel Kovacs, Andre Laferriere, Mike, Brian Gottlieb, Matt Brown, Alex Pynn, Vanya Davidenko, Christopher Perez, Yazen, erv4gen , Aaron Richards, Felix, jens august, Marius Faber, Paul Haworth, Philipp Wendler, Patryk Ozga, Jim Kirker, Mariusz Jamro, Juan C., truejediknight, Alexis Gorman, David Grimfors, Drolet Matthis, MageLord , Lars Andersen, Doug Oke, Daniel Williams, Michael Reynolds, Dilraba Ibrahim, Kosty Maleyev, Gerald Good, Martijn Meijer, Fergus Grenfell, John See, Dionysus Bacchus, Hugo Sykes, John Mendelson, Nate Flanders, Ula, Wizzz74 , Kenneth Oswalt, rohan antao, Vamsi Sakhamuri, John Mendelson, Liam Cairns, Mark Middle class patrons, rotation 1 Abel , James Oakden, Eric Slimko, Adam, Empyre18 , Cathleen Corrie, Geoff Stuart, Brian Jackson, Istvan P, Johann D??pke, Leonid Sorokoumov, Carl Malartre, Edward Bass, Thomas Davenport, Nicholas Luchetta, TParkin, Kim Brand, Ted Marcy, Eliana, cardboardpig, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Justin Smith, Karan Mehta, Alex, Amit Fortis, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Michael G, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES , Zac Woodrell, Enrique Gutierrez, Riley Donegan, Jacqueline Reich, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Gregory Moore, Anthony , Arend Peter Castelein, Daniel Alberto V?­zquez Rodr??guez, David Atlas, Bret Allan, Kamil Sicinski, Bernardo , Ben Cheung, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Upper middle class patrons Andrew Schechtman, Michael Ling, Cy 'kkm' K'Nelson, Bob Burdett, Stephanie Roth, Frank Soltero, David Poliakoff, Johan Auster, Jay Eno, Philip, Ryan Foo, Gr??goire Duch?¦ne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Christopher Blackmon, Nathan Ngumi, JKH , Luis Bernal, Milo­ RankoviŽ?, Denzil, Samantha Satow, Constanza de Svastich, Marie and Peter, Rachel Winters, Steffen Lindner, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Daniel Hardingham, Paul Ashworth, BlobyTwo , Igor Stavchanskiy, Mcfeld, Wendover Productions, Michael Chang, Shab Kumar, Andrew Harrison, Hector Mayorga, Alex Gogan, Morgon Goranson, Irsal Mashhor, Jack Doe, Igor Bazarny Upper class patrons Jeromy Johnson

Start protecting yourself. Sign up now to get 2 years + 3 months FREE for only $2.11 per month! https://PIAVPN.COM/Economics Sponsored by Private Internet Access Canada is one of the wealthiest economies in the world today, but the OECD forecasts that the country will stagnate and is poised for the lowest growth of any advanced economy over the next 5 years. So why is Canada struggling to grow and what can this tell us about other advanced economies? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #Canada ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

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Is returning to the gold standard something that could fix the economic issues we are facing today? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #GoldStandard #Inflation ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Are we entering a new age where serious downturns caused by genuine economic hardships can be avoided with piles of cash? Or is this all just putting off the inevitable and potentially making it worse further down the road? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get between $3 and $300 to in free stock when you sign up to Public at ➡️ https://public.com/EE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Ukraine #Russia #Sanctions ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Russia #Ukraine ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get between $3 and $300 to in free stock when you sign up to Public at ➡️ https://public.com/EE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Japan #Inflation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The stock market recently fell by 10% in a single week, but was this crash long overdue? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #MarketCrash #StockMarket #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Turkey is one of the largest economies in the world and was up until recently growing rapidly every year. Why is it now driving itself into a hyperinflation crisis? The first 1,000 fans to signup with this link will get a 1 month free trial of Skillshare 👉 https://skl.sh/economicsexplained01221 Watch "How Not To Suck At Speaking Aussie" 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Turkey #Inflation ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Inflation is no longer transitory, but is it here to stay? TypeForm ➡️ https://economicsexplained.typeform.com/mistakes Mistakes spreadsheet template ➡️ https://www.dropbox.com/s/b5h6vtkogi6i054/EE%20Mistakes%20of%202021.xlsx Disclaimer: EE reserves the right, in its sole and absolute discretion, to determine what is a genuine mistake. By way of example, something that you may not personally agree with is not necessarily a mistake. To ensure all of your mistakes are properly accounted for, you may use the additional Notes & Sources column located in the spreadsheet for pointing out mistakes that are not immediately obvious. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Inflation #Unemployment ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Economists have predicted 15 of the past 5 recessions, so should we take them seriously? TypeForm ➡️ https://economicsexplained.typeform.com/mistakes Mistakes spreadsheet template ➡️ https://www.dropbox.com/s/b5h6vtkogi6i054/EE%20Mistakes%20of%202021.xlsx Disclaimer: EE reserves the right, in its sole and absolute discretion, to determine what is a genuine mistake. By way of example, something that you may not personally agree with is not necessarily a mistake. To ensure all of your mistakes are properly accounted for, you may use the additional Notes & Sources column located in the spreadsheet for pointing out mistakes that are not immediately obvious. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #EconomicCollapse #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Good infrastructure is one of the greatest investments a country can make. Unfortunately for China, you can have too much of a good thing. Get between $3 and $100 to in free stock ➡️ https://public.com/EE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #China #Economics #Infrastructure ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Who would ever buy an investment where they are guaranteed to lose money? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Shorts ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The first 1,000 fans to signup with this link will get a 1 month free trial of Skillshare 👉 https://skl.sh/economicsexplained11211 Watch "How Not To Suck At Speaking Aussie" 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #EconomicCollapse #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

If tax havens can't raise money through taxes then what is in it for them? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Shorts ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

It's been more than five years since the UK voted to leave the EU, are they regretting their decision? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Brexit #UK ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

You may love following economic news and learning about advanced theories, but what can an economics degree do in the real world? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Shorts ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This year’s Nobel Prize is going to change everything you thought you knew about economics... Get between $3 and $100 to in free stock ➡️ https://public.com/EE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #NobelPrize #LabourCrisis #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas Content Sources: https://www.nobelprize.org/prizes/lists/all-prizes-in-economic-sciences/ https://davidcard.berkeley.edu/papers/njmin-aer.pdf https://davidcard.berkeley.edu/papers/mariel-impact.pdf https://www.nber.org/papers/w7001 https://www.nature.com/articles/d41586-021-02799-7 https://www.npr.org/sections/money/2021/10/12/1045152279/a-nobel-prize-for-a-revolution-in-economics https://www.nytimes.com/2021/10/11/business/nobel-economics-prize-david-card-joshua-angrist-guido-imbens.html https://apnews.com/article/nobel-prizes-business-europe-3cbc672f994ae6f4f486a68b52c2bb32 https://www.cnn.com/2021/10/11/business/nobel-prize-economics-winner-2021-intl/index.html https://time.com/6105805/nobel-prize-economics-2021/ https://apnews.com/article/nobel-prizes-business-europe-3cbc672f994ae6f4f486a68b52c2bb32 https://www.nytimes.com/1987/01/14/opinion/the-right-minimum-wage-0.00.html Image Sources: Paul R. Milgrom. AP Photograph: Tony Avelar Alfred Nobel. Photograph: Bettmann/Getty Images Guido Imbens. Photograph: Andrew Broadhead John Maynard Keynes. Photograph: Hulton Getty Johannes Fibiger. Photograph: Library of Congress, Washington, D.C.

The first 1,000 fans to signup with this link will get a 1 month free trial of Skillshare 👉 https://skl.sh/economicsexplained09211 Watch "How Not To Suck At Speaking Aussie" 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #China #Economics #Energy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas Content sources: https://foreignpolicy.com/2021/10/07/china-energy-crisis-electricity-coal-pricing-renewables/ https://theconversation.com/chinas-energy-crisis-shows-just-how-hard-it-will-be-to-reach-net-zero-169478 https://theconversation.com/cop26-whats-the-point-of-this-years-un-climate-summit-in-glasgow-167509 https://time.com/6102765/china-energy-coal-climate/ https://www.bloomberg.com/news/articles/2021-10-07/china-s-energy-crisis-envelops-an-already-slowing-global-economy https://supchina.com/2021/09/28/how-chinas-energy-crisis-happened-in-six-steps/ Vaclav Smil's Books: https://www.amazon.com/Harvesting-Biosphere-Taken-Nature-Press/dp/0262528274/ https://www.amazon.com/Prime-Movers-Globalization-History-Turbines/dp/0262014432/ https://www.amazon.com/Energy-Myths-Realities-Bringing-Science-ebook/dp/B004RIOM8C/ https://www.amazon.com/Energy-Transitions-Global-National-Perspectives/dp/144085324X/ https://www.amazon.com/Oil-Resources-Production-Uses-Impacts-ebook/dp/B004KKXNXM/ https://www.amazon.com/Energy-Beginners-Guide-Guides/dp/1786071339/ https://www.amazon.com/Grand-Transitions-Modern-World-Made/dp/0190060662 https://www.amazon.com/Numbers-Dont-Lie-Stories-Understand/dp/0143136224/ https://www.amazon.com/Made-USA-Retreat-American-Manufacturing/dp/0262528355/

What do old watches and used cars have in common? (Hint: Inflation) This video was made possible by our Patreon community! ❤️ Get early access to new videos! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 Big thanks to Watchfinder & Co. for letting EE use footage from their channel for our video! Check out Watchfinder & Co.'s YouTube channel 👉 https://www.youtube.com/c/watchfinder #Inflation #Economics #Macroeconomics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The economy of the land down under is reliant on dirt. Yes, literal dirt. Here's why. Get up to $70 in free stock ➡️ https://public.com/EE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Australia #Econ #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

China's debt crisis is worse than anyone thought. Here's why. Get up to $70 in free stock ➡️ https://public.com/EconomicsExplained Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 EE2 (second channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #China #Debt #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Everybody is very worried about inflation right now, but perhaps we should be more worried about the price creep already taking place before our eyes. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Shorts ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Be one of the 1,000 fans to your completely free trial of Skillshare Premium right now! 👉 https://skl.sh/economicsexplained06211 Watch my new course on Skillshare! 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Repo #FedRepo #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Blackrock is the largest investment management company in the world with a staggering 8.7 trillion dollars in assets under management. But is the financial behemoth pushing people out of homes? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #EconomicsExplained #Shorts ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The CCP is trying to make property investment less attractive to help make housing more affordable. What do you think? Leave a comment down below. 💬 ⬇️ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Bitcoin is now currency in El Salvador – here's why that's a big deal. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #ElSalvadorToTheMooooooon ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

El Salvador to the mooooon! 🚀 This short video was made possible by our Patreon community! ❤️ ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The richest person in the world is a man you've probably never heard of – but you do know his work. Move over, Jeff! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed and want to see more #shorts just like this? Like & comment below! 👍💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Spain – a great place to vacation? Yes. A great place to invest? Not so fast. Join Trends today and get your first week for just ONE dollar! 👉 http://trends.co/ee The Rankings! ▶️ https://youtu.be/ek56FVj5_KI College Loans are Going Crypto 👉 https://trends.co/signal/flares-college-loans-are-going-crypto-vibin-out-on-viridian-and-going-bananas-for-bananatex NFTs 👉 https://trends.co/signal/signal-update-and-new-insights-digital-status-symbols/ #Spain #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Be one of the first 1,000 fans to sign-up with our link to claim your free trial of Skillshare Premium! ➡️ https://skl.sh/economicsexplained05211 Watch my new course on Skillshare! 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #LaborCrisis #Stimulus #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Housing is getting more expensive. Here's why. Join Trends today and get your first week for just ONE dollar! 👉 http://trends.co/ee ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 The Economics of Real Estate ➡️ https://youtu.be/f4o9aPFI3I0 Hyperinflation is Already Here – You Just Haven't Realised It Yet ➡️ https://youtu.be/1HmGLV46L60 #Housing #RealEstate #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

"Move fast and break things" doesn't exactly translate into Mandarin. Sign-up for Acorns! 👉 https://acorns.com/ee?s2=SV3​ (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Silicon Valley: History’s Greatest ‘Ponzi Scheme’ (Mini-Documentary) by Jake Tran ➡️ https://youtu.be/zU5JsP6pUpc How to Invest In Chinese Stock Markets (And Why You Absolutely Should Not!) ➡️ https://youtu.be/Qsrt6Hultj8 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #SiliconValley #Shenzhen #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Be one of the first 1,000 fans to sign-up with our link to claim your free trial of Skillshare Premium 👉 https://skl.sh/economicsexplained04211 Watch my new course on Skillshare! 👉 https://www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190 Hyperinflation has been a doomsday scenario for modern economies throughout the last century. In all of these failed countries (Zimbabwe, Venezuela, Hungary, Yugoslavia, etc.) there have been uniform warning signs, the same signs that we are starting to see today in the U.S. #Inflation #Hyperinflation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Inflation #Hyperinflation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join Trends today and get your first week for just ONE dollar! 👉 http://trends.co/ee How is the Suez Canal disaster going to impact the already struggling shipping industry? Who is actually going to end up paying the 400 million dollars an hour that this debacle was reported to cost? And how might all of this help accelerate the rollout of modern airships? ... all this and more in today's episode of Economics Explained! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 🎧 Listen to EE on Spotify & Anchor! 👉 https://anchor.fm/EconomicsExplained Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #SuezCanal #Explained #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

🌈🐱 Get your very own EE NFT! 👉 https://opensea.io/collection/economicsexplained Nyan Cat, a video of LeBron James dunking, and a tweet by Jack Dorsey. These all have one thing in common (and no, it’s not because they were sold in recent months for millions of dollars, contrary to what you may have heard). What actually happened was the unique digital signatures of these three pieces of media were sold-off to a new breed of 21st-century collectors; bringing massive attention to these Non-Fungible Tokens (or NFTs). Overwhelmingly, the astronomical prices some NFT sales have fetched have attracted ridicule by outside observers. Perhaps understandably so, considering some are spending Lamborghini money on a Nyan Pop-Tart cat GIF that you anyone watch for free online. But is it really all that ridiculous? In this video, we’ll explore the potential NFTs hold and why these laughable prices may not be so absurd after all. #NFT #MarketBubble #HypeTrain ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ✨Special NFT Highlights ⬇️✨ Acquire ownership of the entire EE YouTube channel for $10MM USD (no joke!) → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130147240083456001 Acquire the NFT of this video about NFTs (yes, seriously) → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130148339595083777 Economics of YouTube → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130126349362528257 Original EE logo → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130146140571828225 Economics Explained Video (Collage) → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130139543502061569 Why are Billions of Dollars Worth of Ships Being Intentionally Destroyed? → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130030691850911745 Norway: Is It The Perfect Economy? → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130131846920667137 Google Sketchup House Speed Build (EE's very first Google Sketchup video!) → https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/43054914477634394329889595616748437970418716425254999584541130141742525317121 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 🖼 The Economics Of The Art Market: Why This Painting Isn't Worth $450 Million → https://youtu.be/V5sOuET8UWA ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=SUPPLY3​ (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ How do companies come up with their intricate supply chains? Why are some of these supply chains so convoluted where others are extremely straightforward? Will the severe restrictions put on international shipping during the fallout of the coronavirus make companies rethink how far they extend their supply lines? ... all this in more in today's episode! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 Vox's video about the F-35 fighter jet program: https://youtu.be/ba63OVl1MHw #SupplyChains #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join Trends today and get your first week for just ONE dollar! 👉 http://trends.co/ee In today's episode, we'll explore the economic factors that are likely to define the airline industry for the foreseeable future! ✈️ What are the new pressures pushing prices upwards? What are the pressures pushing prices downwards? And, perhaps most importantly: how will all of this impact the way airlines operate in this already highly-saturated market? ... all this and more in today's episode of Economics Explained! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 🎧 Listen to EE on Spotify & Anchor! 👉 https://anchor.fm/EconomicsExplained Check out our mates at Business Casual: https://www.youtube.com/BusinessCasual Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Airline #Inflation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Try Storyblocks today and instantly receive unlimited access to millions of 4K & HD photos and videos (100% royalty-free) and much more! ➡️ https://videoblocks.go2cloud.org/SHI9 Aluminum smelting. Geothermal power. Bitcoin mining. What do all of these things have in common? ... Iceland! 🇮🇸 How has the nation weathered this economic turbulence without turning into a failed state? What end of the economic spectrum is the nation on today? And what industries drive this tiny little economy? All this and more in this episode of Economics Explained! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Iceland #Economy #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Feel free to try Skillshare now! 👉 https://skl.sh/economicsexplained01211 The first 1,000 EE fans will receive a completely free trial of Skillshare Premium! Learn amazing skills we mentioned in the video, like: How Not To Suck At Investing by Business Casual 📈 ➡️ https://skl.sh/360ru1i Kinetic Typography 💬 ➡️ https://skl.sh/2LuGsTy Or anything about basically everything with Skillshare by using this your free trial made available to fans of Economics Explained 👉https://skl.sh/economicsexplained01211 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ $42 billion dollars. That is the amount of money grossed by films at the global box office in 2019. Impressive? Definitely. Surprising? Probably not, especially when you consider that global box office revenues have increased year-over-year since 2005. That was, of course, until COVID. As you’d expect, the pandemic has devastated Hollywood – resulting in an unprecedented seventy-one percent (71%) decline in global box office revenue. Worse yet, we all have to go another year without Daniel Craig’s No Time To Die – a title that has since taken-on somewhat of an eerie meaning. But putting the absence of James Bond aside ... movie ticket sales have actually been on the decline for nearly two decades – despite a steady increase in population over the same period. So, if people are going to movie theatres less often – and they are – then what exactly is driving the growth behind global box office revenue? [note] To answer this question, you have to understand the economics of Hollywood. How do movies get funded? What is the role of government subsidies and alternative revenue sources? How can a movie gross more than its budget and still lose money? And finally, what are the economics behind movie theatres and their twenty-dollar buckets of popcorn? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Hollywood #BehindTheMoney #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://www.acorns.com/ee?s2=NZ3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is New Zealand – a picturesque nation with an economy that appears to exclusively rely on throwing tourists off cliffs in increasingly imaginative ways. But Australia’s "little brother" is not to be underestimated. In fact, New Zealand is, arguably, the world’s best-managed economy. After considering the World Bank's Ease of Doing Business Index and various high-ranking Quality of Life and Happiness assessments, it's little wonder as to why consistently ranks New Zealand at the top (move aside, Norway!). Perhaps even more remarkable is that this tiny island country has achieved remarkable prosperity in spite of not having notable natural resources (or acting as a tax haven for global businesses). What are the primary drivers of New Zealand's economic prosperity? How has the nation been able to accommodate these where other nations fail to do so? And what are the challenges the nation might face to keep this success going? ... All this and more in today's episode of Economics Explained! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 🇳🇿 EE2's New Zealand Leaderboard Ranking ▶️ https://youtu.be/S785od3dXu8 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ 🔔 Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 Sources and citations → http://bit.ly/EE-sources-NZ #NewZealand #AustraliasLittleBrother #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=BUY3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ So the holidays are behind us and if you were left disappointed by what you found under your Christmas tree it might be because you weren’t in the spirit of things, or it might have been because Santa couldn’t get any stock of anything. The good little consumers of the world might have started to notice an increasingly common trend where more and more products sell out the day they are released, or are never available at all to ordinary consumers. Everything from playstations, switches, Xboxes and graphics cards, to lego sets, handbags, watches, and even toilet paper, it seems more and more like we are living in a world that is out of stock. But why? Stock shortages from time to time happen, that’s just general supply chain management but why has this become such a consistent issue. All of these products are made by businesses with a profit motive, and those profits don’t get made unless products get sold, so what gives? Now I know what you might be thinking, “urr it’s the virus of course” and certainly this has thrown a spanner into the works of global supply chains but it’s not the whole story. Limited supply is one thing, but if traditional economics is to be believed, businesses don’t let themselves run out of stock, instead they just raise prices to match demand and maximise their profits. What’s more, is that the coronavirus is not exactly new news to companies. If they were caught out in early 2020 then fair enough, but almost a year later you would think the corporate executives responsible for multi-billion dollar product launches could account for this new global paradigm, right? But they haven’t, and you might ask why? Well to understand this we as always need to look at a few key things. How have global supply chains been affected, beyond just blaming everything on covid? Are the companies involved actually making poor business decisions? And why aren’t these products just doing what supply and demand would tell them to do and increase in price? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #OutOfStock #RTX3080 #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Whenever we see china in the news it’s normally for some impressive statistic about building stuff, or how it is now home to the most millionaires in the world, or maybe it’s even an article about whatever geopolitical tomfoolery they are trying to pull this week. But what is often forgotten about this is that behind the somewhat intimidating outward appearance of economic might and glistening skyscrapers, china is an extremely poor country. This almost sounds a bit paradoxical given the wealth that is so evident from the outside. Never the less average incomes in China are still less than $15,000 USD’s per year, and that’s average, so in a nation that reports a Gini coefficient of 0.47 with some independent research noting this could be as high as 0.73 that means there are a lot of poor people at home in this economic miracle. In plain English, this means upwards of half a billion people in China are living on less than $10 per day, primarily made up of those still living in rural areas. Now this fact is not lost on the Chinese government, who know that a growing wealth divide in their worker’s paradise is not a great look, especially if that divide is between the cities fueling growth and the farmers feeding them. That is why in just the last 5 years the government has poured the equivalent of over 800 billion dollars into aid in area’s where extreme poverty is still commonplace. This is to say nothing on state-owned enterprises which easily bring this running total to over a trillion dollars in the same time period. A trillion dollars in 5 years, that’s more than the entire GDP of 3 quarters of the world’s countries, on one single welfare project. Even for a government as wealthy as China’s, this is ultimately not sustainable. So a new solution was needed to make these systems more efficient at solving core issues rather than alleviating the symptoms with handfuls of cash. And there might be a lot to take away from what they have done so as always we need to understand a few things. How much poverty is there actually left in china? Why is this so difficult to measure? Why does China care so much? And how might cows be the solution to this whole problem? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Poverty #Moo #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=ARG3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Argentina, a South American nation which has been home to an unprecedented period of sustained growth quintupling in size in the last decade. This nation has seen remarkable resilience through financial crises and even though it cycled through 5 presidents in two weeks, its continued re-investment in itself has paid off many times over as average incomes have doubled in the same time period to create fantastic increases in the quality of life for all the citizens of the nation. Or at least that would have been the video we were making a few years ago. Unfortunately today the economy of Argentina tells a very different story. Just as quickly as the economy soared to these lofty heights it has crashed back down bringing about a period of heavy inflation and widespread poverty. But perhaps this shouldn’t be a huge surprise, in the last 100 years the economy of Argentina has been categorized by periods of massive growth followed by huge declines making the most recent decades little more than a continuation of that unfortunate trend. This is a real shame because Argentina obviously has a lot going for it, from a healthy population of productive workers, strong natural resource reserves and even a landmass that is very conducive to foundational industries like manufacturing and agriculture. But despite all of these advantages Argentina has time and time again fallen into this unfortunate pattern, and is now teetering on the edge of becoming a full-blown failed state. Nobel prize-winning economist Simon Kuznets is said to have remarked in the early 1970’s that there are four types of economies in the world, developed, underdeveloped, Japan and Argentina. We have already explored what makes Japan so weird, but to unravel the mystery of Argentina we are going to have to understand a few specific issues. What has caused the various economic booms over the years? What has caused the subsequent economic declines? And why is this most recent downturn just a little bit different? Once we have done all of that we can get to the fun stuff and put Argentina on the economics explained national leaderboard, hows that for a 2020 grand final. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #EconomicCrisis #HyperInflation #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=MIST3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is 2020, and as I am sure most of you are aware it will soon be coming to an end. The end of a year, especially one as trying as this is always a good time to reflect and get yourself ready for the next trip around the sun. And what better way to look back, then to focus on every little mistake that the comment section so kindly pointed out for you. That’s gotta build up that holiday cheer. But in all seriousness, it is always important to highlight areas where things can be improved, explained better or corrected especially in a situation where so many people tune in twice a week to listen to mr economics man talk about whatever it is he decides is interesting. So welcome to all of the mistakes that Economics Explained made in the year 2020. We will be breaking this video down into 3 main categories. Minor issues, caused by simple human error. Issues that could potentially cause confusion And yes even a few major issues that do need to be corrected so that we may sleep at night knowing all of our wonderful viewers are learning all of the right things. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Mistakes #2020WasAMistake #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=CYPR3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Cyprus, an absolutely gorgeous nation in the Mediterranian filled with beautiful little towns a laid-back way of life and an economy that is supposedly for sale. That’s right, a fair few of you watching may have seen headlines that apparently Amazon is going to purchase the island nation and set up its global headquarters there to have its very own little tax haven. This story was originally published by Saxo Bank which is a small European investment bank with a lot of operations in the area. Now spoiler alert, it’s not going to happen, but it’s not as crazy as it sounds and one day it genuinely could make sense as a sound business plan. So stick around, partially because I need that average watch time so that the youtube algorithm may bless this video, but mostly because this bizarre prediction can tell us a lot about possibly the weirdest economy in the world. There is a very good reason that Cyprus was singled out as the most likely country to be purchased in the 2020 national yearbook and that is because of its long history of hmmm let’s say being very agreeable to the whim of institutions with a healthy bankroll. But of course, the nation is fascinating for so many more reasons not least of which is that half of the country is technically subject to an illegal occupation of the territory of the EU. And it gets even weirder than that, if you were to look at the island of Cyprus you would be forgiven for thinking it is just one little ol country, but depending on who you ask it has as many as 4 different entities claiming sovereignty over what is a very beautiful but otherwise very barren piece of land. So there is a lot going on here and as always the best way to make sense of a lot of this is to look at the economics of the island to work out what is truly motivating all of these powerful institutions that apparently want to own Cyprus. So What is really driving the economy of Cyprus? Why are so many people laying claim to it? How have these tensions come back to bit them in recent years? Why would it make the ideal country for some global megacorporation like amazon to buy? And of course, once we have made sense of all of that, we can go ahead and put Cyprus on the economics explained national leaderboard. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Cyprus #CyprusPrime #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is night city, the futuristic metropolis which is home to most of the action taking place in cyberpunk 2077, which has quickly become the most popular PC benchmarking software in 2020. There are a few reasons I wanted to explore the economy of this fictional world, for starters I gotta cash in on a subject that’s at the top of Google Trends, It’s been a while since I have done a virtual economy, I need a way to class my new gaming PC as a business expense and of course it actually genuinely very interesting. Part of the appeal of this game was the way it wove an alternative reality in with themes and events that are taking place in our modern world to build an economy that both feels abstract but also entirely possible. That virtual economy then builds the framework of an immersive world that is equally realistic and fanciful. The world of cyberpunk 2077 is a cautionary dystopian tale that takes modern economic issues, like wealth inequality, corporate influence, white-collar corruption, militarisation, black market dealings and environmental degradation, and then turns those headlines up to to a whole new level to let people experience making their way through a world where these problems go unchecked. It also goes without saying that this game has made headlines for a host of technical issues that have perhaps continued the theme of shining a light on economic problems in the real world. So the economics of cyberpunk 2077 is a great case study for lots of weird and wonderful economic happenings. How did the economy of this virtual world get to where it is in the year 2077. What are the key components of Night City’s economy? And a bit of a tangent What business decisions led to the chaos surrounding the game’s launch. Oh and cyberpunk 2077 technically takes part in an independent city-state so you know what the hey, may as well throw it on the economics explained national leaderboard. Oh but first A little disclaimer, this video will not have any spoilers relevant to the plot, so don’t worry for all of you that haven’t been able to play the game yet (which is basically everybody). Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #CyberPunk2077 #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join the Trends Community today. Get your first week for just ONE dollar! 👉 https://trends.co/economicsexplained to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Ireland, or more specifically the Republic of Ireland which is a sovereign nation that is home to 5 million people who are all quickly becoming some of the wealthiest citizens in the world. Ireland now has a GDP per capita of over $90,000 meaning they are well ahead of traditionally wealthy nationals or regions like Switzerland, Hong Kong and Norway and only placing behind statistical outliers like Luxembourg, Singapore and Qatar. What’s more, is that Ireland is on track to be the fastest-growing economy in 2020 a year that has seen most nations fall behind. It has achieved this despite historically being very dependent on trade and tourism which has of course been a lot more difficult in a world of closed borders. So it looks like there should be a lot to learn from this country that could potentially be adapted to our own economies so that we too may share in the luck of the Irish right? Well, that’s what the figures might have you believe but it may not be the whole story. Frequent viewers of the channel will know that GDP figures alone can leave out some very important details about the true prosperity of a nation and the people living within it. So to see if Ireland is more than a miracle of paperwork we need to look at a few key areas. How has Ireland become so wealthy despite it’s history of being poor and oppressed? Is this wealth going to benefit the citizens of the nation? And is this Irish strategy something that all nations could adopt? Oh and while we are here it should go without saying that we are going to put Ireland on the Economics Explained national leaderboard. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Ireland #TaxLoophole #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is bill Ackman, the billionaire hedge fund manager of Pershing square capital. Bill has been featured on this channel a few times before, most notably because of his trade made in early 2020 which netted him over 2.6 billion dollars in profit. Since then he has become a bit of an internet darling which is just great for him because a lot of his trading strategies require him winning over hearts and minds to change people’s opinions on a stock, bond, cryptocurrency or whatever else it is that he has some kind of vested interest in. Now this is nothing new, influential stock traders have been trying to create news stories that suit them ever since there were stock markets and newspapers. But this most recent announcement has been a little bit different. Ackman along with a selection of business leaders and economists have started advocating for a plan that would give everybody a few thousand dollars in cash on the day they are borns all in order to solve the retirement crisis. It sounds crazy, but there may be more merit to this whole plan than you think. Most advanced economies around the world today are dealing with aging populations and declining birth rates. A future where the dependent elderly far outweigh the productive young is fast approaching, current pension infrastructure may just not be able to cope. We may see a future where the quality of life for elderly citizens rapidly declines, or young people are taxed very heavily in order to support them, neither of which sounds particularly appealing to anyone, so perhaps radical solutions are what we need. And to understand this plan we are going to need to look at a few key areas. How would handing out money to babies solve problems amongst the elderly? How would nations afford this? And is this actually a sound idea? Or just another scheme by a savvy businessman to profit off front-page news. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #BillAckman #Retirement #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ So apparently we are due for a fourth industrial revolution, which might come as a surprise to you because as far as most people can tell we have only had one industrial revolution, and some nations haven’t even got around to that one yet. All the same, this promise of a radical shift in the way we live our lives has got a lot of economists very excited and maybe a little bit anxious, both for very good reasons. The first industrial revolution, you know the one that we all think is the only industrial revolution was responsible for giving us production. This production went on to define our way of life in the modern world where people in advanced economies have access to practically unlimited food, robust housing, and bits and bobs to fulfill our every little desire. The world before this was very stagnant. The idea that we have economic growth at all, where society is always advancing and every generation is richer than the one that came before it is a surprisingly modern ideology. What’s more, is that it’s not something that we are guaranteed. We can only get so good at making stuff given our current set of technologies and resources, and in fact, we might already be starting to see this plateau. Arguably the rollout of smartphones that gave us unlimited access to information wherever we were, was the last great paradigm shift in how we lived our lives. 13 years later this technology is improving but it doesn’t offer anything fundamentally different to the way that we live our lives, run our economies or advance our standard of living. But maybe we are getting ahead of ourselves. To really know what to expect from this supposedly incipient fourth revolution we must first understand a few key things. How do economists define an industrial revolution? What is a revolution and what is just some cool new technology? What were those other two industrial revolutions? What is going to be the fourth industrial revolution? And will this make our modern economies look like the land before steam engines? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #IndustrialRevolution #History #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Never let a good crisis go to waste. Winston Churchill’s famous words from the darkest days of world war 2 have taken on a more sinister meaning as the decades have passed. This quote was actually meant to be an inspirational message of hope to the British people but these days more cynical onlookers see that people with ill intent can use a crisis, just as well as those who are virtuous. The Great Reset is a collective name given to a series of economic policies that are attempting to use the recovery from the coronavirus as a way to supposedly build a better, brighter, more sustainable world. This policy was first unveiled by the World Economic Forum and the United Kingdoms Prince Charles, and since this announcement, it has gathered support from a laundry list of economists, politicians, business people, and celebrities. But it has also gathered a fair bit of criticism. Just 72 hours after it’s announcement a petition to stop it gained 80,000 signatures, which is kind of fair enough. The whole premise of this proposal does sound very ominous. Economic plans titled the great something have not exactly had the best track record. The fact that this plan is leveraging a disaster, alongside the fact that it is pushing some pretty spicy policies means that major conspiracies have been surfaced ranging from this plan will make us all poorer, all the way up to this plan will make us slaves to the lizard people. Now in fairness, the marketing around this Great Reset has not helped its case at all. If someone was to try and research what this plan actually was they would be presented with two extremely bizarre adds that explain absolutely nothing, and a 2 hour panel, which was extremely boring even to a major economics nerd like myself, and also kinda equally as unhelpful. We know this because well, we had to research this plan to make this video. So it sounds like Some Economics need to be Explained And to properly do this we are going to need to answer a few questions. What is The Great Reset actually proposing to do? Do these ideas have any merit? Who are the players involved in pushing this agenda? And is this actually a nefarious scheme or just the victim of terrible marketing? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #TheGreatReset #Davos #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the Carnival Imagination, a luxury cruise liner worth hundreds of millions of dollars, which just 10 short months ago was touring passengers in extreme comfort to exotic destinations all over the world. This ship is sailing dead ahead to its final port of call, where it has been sold for scrap alongside dozens of other ships that have become the latest victims of the global pandemic. The Chittagong ship breaking yard in Bangladesh is the largest of its kind in the world, and in the past few months even its abundant shores have become inundated with pleasure cruises and industrial cargo ships alike that all could have otherwise sailed the oceans for many more decades. These are all very troubling signs for the unsung heroes of our modern global economy, the merchant marine fleet. Every year trillions of dollars worth of cargo is transported on ships like these and losing this fleet could turn into a huge barrier to global trade. But what is really going on here? Why would profit-motivated companies destroy billions of dollars worth of productive assets? Sure times are tough, tourism and trade have declined massively but this hardly looks like a reasonable response right? I don’t burn down my house if a video gets less than 10,000 likes, so why would companies in such a competitive industry do something equally as self-destructive? Well as always it has to do with economics (go figure) and to understand this bizarre behavior we need to understand a few key areas. What are the economics behind the merchant marine fleet? How do these factors make it financially viable to destroy ships? what does this mean for the future of international trade? And what does this all have to do with Chinese bridge building? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #MerchantMarine #Shipping #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The United States 2020 Presidential election has been called by pretty much every organization that covers the event in any capacity and while the final decision is not made until the special club that is the electoral college has presented its final decision, it’s apparent that Joe Biden will be the next president of the united states. This is the first time in almost 3 decades that an incumbent president has been voted out before serving a second term and it has come in the midst of national and global catastrophes galore. To add fuel to a fire that threatens to ignite the global economy, the outgoing president has been vehemently challenging the results which is casting doubt over the smoothness of the transition, the continuation of much-needed government support, and the foundation of the nation’s systems in their entirety. And this all begs the question, either unwittingly or maliciously, how much damage could a president do to the American economy, and by extension the global economy. There are checks and balances in place to control the influence of any one man in the united states around things that were relevant when those checks and balances were been written. But it must be remembered economies back then depended a lot more on successful harvests, and a lot less on tweets. Our modern economies are incredibly complex and incredibly fine-tuned, but complex fine-tuned things tend to be very easy to break, and the outcomes of throwing a proverbial spanner into the works could be just as devastating. Thousands of people die when unemployment rises, and many more could lose access to healthcare, housing, and livelihoods during even a minor period of economic turbulence. All of this is to say that a president waging war on an economy could be just as dangerous as waging war on a nation. So, what kind of influence does a president directly have over an economy? Do they deserve the credit for things going well? And what could a president do to tank the economy if they really wanted to? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #NationalDebt #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the Netherlands, a picturesque nation filled with windmills, tulip fields, and uhh coffee shops. The nation is looked to by many as an extremely forward-thinking place that practices some pretty progressive policies. The nation has an incredibly strong social security system, with universal healthcare, robust retirement pensions, as well as allowances for maternity leave. And These kinds of policies are mirrored in other areas as well, the nation is home to relatively high tax rates, and the protections for employees are very strong almost to the point that people joke it is impossible to be fired in the Netherlands. So this kind of looks like a liberal paradise right? Well, it would if it were not hiding a dirty little secret. This postcard-perfect little nation is according to the world bank the most unequal place on earth, and the extent of the inequality is simply staggering. We have explored south Africa on the channel before, which normally gets this less than a desirable title. And if you were to pose this question to google, it’s what you would walk away thinking. But this isn’t the whole story. In terms of wealth inequality in recent years, South Africa has been pretty tame. The Netherlands by contrast is the only country on earth that is more unequal than the world itself. So what is going on here? Similar policies to the ones that have been commonplace in the Netherlands for decades are being proposed by politicians in places like the United States as a way to curb the issue of wealth inequality. But if we look at the results it doesn’t look like they will do that at all. So, to really understand this we are going to look at a few key issues. How did the Netherlands of all places become the land of inequality? What does this teach us about the nature of wealth in the modern world? And how can this help us create more robust economic policies that work to benefit everyone? And of course, while we are here we will call this a country video and put the Netherlands on the economics explained leaderboard. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Netherlands #Wealth #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ China has been home to the most extreme economic growth in human history. In four short decades, the nation has gone from a struggling backwater filled with poverty to this, a nation of glistening skyscrapers and more Gucci stores than you can poke a stick at. The driver of this growth has obviously been its embrace of the free market and opening itself up to international trade. The nation has always had huge potential, given that historically for 1,900 out of the last 2,000 years it has been the largest economy on earth, but now it is finally realizing that potential once again. Seeing this sustained growth people are obviously keen to jump on board, millions of dollars are been made by millions of people and any logical investor would be foolish to not have exposure to the largest growth market in the world right? I spend a fair amount of time chatting to channel viewers on discord, Patreon, and even in the comments section of the video’s and it’s probably one of the questions I see the most, Mr economics man how can I invest in Chinese companies stock? Now I don’t want to sound rude, and I promise I absolutely mean this in the nicest possible way, but if you have to ask someone on youtube how you can invest in Chinese equities, you absolutely should not at all be investing in Chinese equities. And in fact even for more seasoned investors, the market for Chinese companies is not exactly the promised land of double-digit annual returns you may think it is. This is because there are a few major problems that have yet to be overcome, the stock market in China is both too regulated and not regulated enough. Which sounds silly but let’s explore it by looking at this problem piece by piece. How is the Chinese stock market over-regulated? How is the Chinese stock market under-regulated? And why does this mean that most investors probably shouldn’t be investing in these markets? And alright alright, if after all of this you are still interested in learning how to actually buy shares in china I will show you how, but don’t say I didn’t tell you so. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #China #StockMarket #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

The first 100 people who go to https://blinkist.com/ee will get unlimited access for one week to try it out. You'll also get 25% off if you want the full membership. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Texas, the second-largest state in the USA by landmass, population, and GDP. But perhaps being runner up is not so bad in all of these categories. Texas has for many decades been a huge driving force of prosperity, not only for the people within the state but also for all of the USA. The state provides over 40% of the oil production in the country which is, in turn, the largest oil-producing nation in the world. To give you an idea of just how massive this operation is, Texas produces more oil than, brazil and china combined. Now for regular channel viewers, you might be thinking that well that’s great and all however, oil wealth doesn’t always guarantee prosperity, but fortunately for Texas, it has diversified itself into a host of other industries some of which are very far removed from what you might picture taking place in the land of cowboy boots and ford f350’s. Texas today has the fastest growing population in all of the United States which is been driven by the state attracting a range of new businesses that will work with this young new professional demographic to continue to grow a strong economy. Or at least that is the theory, the rumblings of the world in 2020 have not been easy on the Texan miracle, and for the first time in almost three decades, the state might be starting to show signs of troubled waters. To see if this could be a hurdle the yeehaw state could not overcome we need to look at a few key areas. What have been the industries driving the growth of Texas? What is it about the state that makes it so attractive to these industries? And what could future growth look like after 2020? Oh and of course while we are here we are going to put the state on the economics explained national leaderboard. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Texas #OilMoney #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join the Trends Community today. Get your first two weeks for just ONE dollar! 👉 https://trends.co/ee to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In the fallout of one of the most volatile American elections ever financial markets did something very strange, they rose, and rose to new record levels, again. This would be unusual during even a normal election, where most investors tend to sit back and wait for the dust to settle but it is especially strange in 2020. Joe Biden, who everybody is at least 90% confident will be the next president has spoken very openly about plans to raise corporate tax rates and this is coming in conjunction with the tension around how a transition of power may or may not take place, not to mention that global pandemic. If investors are supposed to fear uncertainty surely they would be terrified of the current world that we live in. Logic would dictate that the best outcome for the major corporations that make up financial markets would have been a nice simple and decisive Republican victory. At the end of the day, they tend to be a slightly more pro-business party. Instead what they got was an extremely contentious Democratic victory with the potential to bring turbulence around key issues like covid relief packages in the coming month. So what is going on here Why have markets rallied so hard in spite of this turbulence Will this market boom reverse if the proposed policies of the Bidens campaign are rolled out. And could it just be that investors no longer favored trump as president? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #StockMarket #Election #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The war on drugs was declared in 1971 by president Richard Nixon in a press conference that went on to outline a plan to fight the trade of controlled substances across the world. Drugs were declared national enemy number 1. Since then over 1 trillion dollars have been spent on fighting this battle and by all metrics, it has been money poorly spent. It’s probably no surprise to anybody that drug-related deaths and crimes have done nothing but rise over the 50 years since Nixon made this declaration. With the benefit of hindsight, it was pretty easy to see why... you can’t fight the forces of supply and demand in unregulated markets with m16’s and government agents. Trying to do so would be like trying to fight a hurricane by dropping bombs on it. Not particularly effective and if anything it’s just going to cause even more collateral damage. But perhaps this is all starting to change, just last week during the election, the people of Oregon also voted on something else that will potentially have even more influence than who the next president is. The people of the state voted to decriminalize drugs, all drugs, even the hard stuff. This might look like waving the white flag in defeat and finally admitting that drugs have won the war on drugs. But it might also be what we should have been doing all along, fighting the war on drugs with economics. To understand what economists mean by this we will need to look at a few key areas. Why couldn’t the war on drugs disrupt this market? What is driving the growth in this market? And could legalization provide a better solution to dealing with this issue? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Decriminalize #WarOnDrugs #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Tesla is today the most valuable automaker in the world by market capitalization beating out industry giants like General Motors, Ford, Volkswagen group, and even Toyota. It has achieved this impressive feet despite a short operating history, a limited product lineup, and even relatively modest sales figures compared to these much more established entities. In spite of all of these indicators, investors are willing to pay more than five times as much for the same stake in Tesla as compared to the more traditional automakers. So what is going on here? What do investors see in Tesla that a rational person may not? What is the companies vision to truly justify being valued this highly? and could this all be a charismatic CEO taking a pool of naive investors for a ride? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Tesla #ElonMusk #StockMarket ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Kazakhstan, and yes I know what you are all thinking, and yes in the interest of full disclosure we are definitely cashing in on the hype surrounding the second borat, but in fairness so is the nation itself. Even still this country is so much more than that with one of the most, hmm let's call it exciting economies in the world. What was once a mistreated soviet state has now gone onto be the largest and wealthiest economy in central Asia, one that is welcoming foreign trade, international investment, and advanced development of technologies to continue this growth into the future. On top of this, it is a central member of one of the most interesting, and influential however overlooked trading blocks operating in the world today. But of course, it has not been without its difficulties, it may very well be the most prosperous nation in central Asia, but central Asia is a rough old neighborhood to be the king of. What with It being home to some dream destinations like, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, and also neighboring countries like Pakistan, and Afghanistan. By the way, a side note is that “stan” when translated from Persian just means a land of. So Kazakhstan kind of just translates to a land of Kazaks, which are the ancestral people of the nation. Hopefully, that gives some clarity to this rather samey naming scheme in and around this area. But all of this is to say that Kazakhstan hasn’t and won’t have it easy in its quest to become a properly developed nation but that doesn’t mean that it can’t do it. So to see what is behind this countries stubborn development we need to look at a few key areas. What went on under Soviet rule? What has the country been up to since the collapse? what is their plan for the future? Oh, and of course while we are here we have to put the nation on the Economics Explained national leaderboard. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Kazakhstan #VeryNice #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The US federal election will be held in 2 days from when this video is published. The process of electing who will go on to be the most powerful man in the world always makes for big news but perhaps never more so than in 2020. The United States is currently in the grips of a major health crisis that has caused untold suffering to people directly affected, and indirectly to people impacted by the economic consequences that came with it. This is all coming in combination with a mountain of other issues, wealth inequality, trade tensions, nationwide protests, a wildly unstable financial market, record-high levels of debts, and a host of other issues that are certainly getting less airtime in 2020 but are of no less importance. This election is a chance, at least in theory, for the citizens of America to have their say about how they would like these issues dealt with... and while there are more issues than ever the right solutions are desperately needed. Let’s get into it and look at a few key areas The breakdown of both candidate's internal economic policies. And the breakdown of both of their external economic policies. The Impacts either election outcome will have on various markets around the world. And how each of their plans for an economic recovery stack up against one another. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Election #TrumpvsBiden #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join the Trends Community today. Get your first two weeks for just ONE dollar! 👉 https://trends.co/ee to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Pokemon is just fantastic, the video games, the show and of course the playing cards. Countless childhood hours have been spent on these pocket monsters, and well countless adulthood hours for that matter too, challenge me to a gen 6 random battle if you want to see just how many hours we are talking here. In and amongst all of this though these starry-eyed kids have grown up, found full-time jobs, and learned that the real world isn’t quite as fun as running around with your friends collecting gym badges. And perhaps this is part of the reason that certain pokemon cards are now worth more than most brand new cars. You may have seen this phenomenon slowly taking over the internet with YouTubers dropping hundreds of thousands of dollars on packs of pokemon playing cards. But what is going on here? Surely a nostalgia trip is not worth a house deposit, even to people who are incredibly wealthy. What’s more, is that this isn’t just some obscure market filled with eccentric millionaires, there are hundreds of thousands of participants, buying selling, and trading thousands of cards for millions of dollars every day, all during a time of massive economic turbulence where these same households might be struggling to find a job or pay rent. So What has been behind the boom in the value of Pokemon cards? Could this be a genuine investment vehicle? Or is this all heading towards being the next beanie baby bubble? #PokemonCards #AlternativeInvestment #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=NOB3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, or simply the Nobel Prize in Economics is an award given every year to thought leaders in the field. This is one of 6 prizes given out the others recognizing similarly high achievers in literature, physics, medicine, chemistry, and of course the peace prize awarded for furthering the betterment of humanity. In and amongst all of the happenings in the world this year these awards have kind of flown under the radar which is unfortunate because they all recognized some very remarkable works. And in the field of economics, it all had to do with auctions. Auctions to the average person might sound like a pretty mundane thing, you hop on eBay and bid for a new RTX 3080 before crying yourself to sleep, or maybe you are bidding for a new house to live in at a property auction. At the extreme end, we see auctions for works of art that sell for millions of dollars but even still the auction itself kind of just looks like a formality around which a transaction is done. But this is far from true. Auctions and Auction Theory are one of the most important systems to understand in economics because they act as an efficient way to build markets and correctly determine how we value items. Remember amongst everything economics is simply a study of how people interact with things of value. So with that in mind What should the average person or aspiring economist know about Auction Theory? What did the winners of this year's Nobel prize contribute to this theory? And how can this be utilized to build better and more efficient economies? #Auctions #NobelPrize #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=SND3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there willing and able to buy a good or service versus the number of people out there willing to sell a good or service, all individually vying to get the best possible price. If demand increases prices increase, if demand falls prices fall and visa versa with supply. Now I know this channel is called economics explained but for most of you watching all of this should pretty much go without saying. The only issue is that this rosy picture is in no way a reflection of the real world. The price you pay for groceries, that new iPhone, or hey even the price that your employer pays you to do your job all have a lot less to do with supply and demand than you might expect. This departure from perfect economic assumptions can also tell us a lot about what to actually expect during times of economic turbulence and properly-being able to predict how an economy works, in reality, can very easily be the difference between riding out an economic storm or being crushed by it. So what is going on here? How are prices decided if not through supply and demand? What does this mean for regular people in the economy? How could all of this be used to make better policies and business decisions? And how does this all make the case for a zero dollar minimum wage? #MinimumWage #Unemployment #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ It’s the hope of almost every generation in history that their children and grandchildren will go on to live wealthier more prosperous lives than their own. People put countless hours of thought and planning into things like their children’s education, life insurance, and estate inheritance to make this dream a reality, but overwhelmingly it is still not coming true. The long-suffering generation of millennials are now set to be significantly poorer than both baby boomers and gen X’ers. Having entered the workforce during the fallout of the 2008 mortgage crisis and then being hit particularly hard during this current crisis has meant that today millennials only account for 3% of national wealth, where boomers at the same point in their lives accounted for 27%. This trend is more than just another pity party for our fellow latte-sipping millennials. On a wider level, the share of wealth owned by people under the age of 40 has shrunk from 13% to just under 7% over the past 3 decades. Even if we ignore the social issues of younger families having to make do with half that of what their parents did this can have some serious economic implications. Young families establishing themselves in life make up a huge portion of consumer spending. Typically speaking people between the age of 25 and 40 have been seen as the perfect consumer market. They have full-time jobs and disposable incomes unlike younger buyers but lack a bit of the weariness of older consumers. Therefore if this trend continues businesses around the world might start to lose out on their Goldilocks zone of consumer spending. so … What is causing this downward pressure on wealth in younger generations? What will this mean for the future growth of nations like the USA? And could this just be a waiting game of wealth, inevitably getting passed down? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #WealthInequality #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Try out Trends today! Get your first 2 weeks for just $1! 👉 https://trends.co/ee ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is California, the Golden State and one of the largest economies in the world in its own right. If California was counted as a sovereign nation it would be the fifth-largest in the world by GDP, with a 3.2 trillion dollar gross state product putting it just behind Germany and just ahead of India. The state has a lot going for it, from the largest movie and technology centers in the world all the way to a surprisingly strong agricultural sector. All of this has meant that the residents of California are on average doing very well for themselves, and one look around the wealthy enclaves of las Angeles and san Francisco would back this up. Despite all of this however, the state is going through a period of economic turbulence. The economic fallout of the coronavirus has hit the state’s economy particularly hard. Major industries like tourism and media creation have ground to a complete halt having widespread knock-on implications throughout the economy hitting smaller vendors who were once reliant on these industries. This bump in the road however was by no means the total undoing of the state. California’s metrics before 2020 looked very strong, with low unemployment, solid growth, and booming industries, but there were still cracks forming. The state is home to the largest population in the US but the industries that were truly driving wealth creation are famously bad at actually employing people. This had led to a sharp increase in social issues like homelessness and crime. All of these problems that were bubbling away under the surface have now been massively accelerated, so much so that many economists have predicted that the sun might be setting on the setting on the sunshine state. It may sound like absurdist alarmism but it is a reality that shouldn’t be dismissed. Remember in previous decades there was another economic region in the US riding high on the new growth industry of the age. but these days Detroit is not exactly seen as the bastion of prosperity it once was. So could the same grim reality be in store for California? Well to answer this we need to look at a few key areas. What made the state so prosperous before the 2020 downturn? What were the underlying issues impacting the economy? How will these issues be impacted by this decline? #California #SiliconValley #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The bottom line is the most important part of any functioning business. Profit after costs, expenses, and taxes. The money that the founders and investors in companies get to put back into their pockets for the risk and effort they put into a business. Sounds like business 101 right? And it kind of is. A business that doesn’t turn a profit is like a freezer that kind make ice, it’s more or less pointless. And sure there are things like non-profit charity organizations out there but most businesses exist to make money! So why is it that some of the biggest companies in the world are not turning profits? Why is it that they don’t even plan to? The rise of so-called zombie companies or companies that have not and have never run at a profit are raising more and more eyebrows in the investing world. These businesses are getting too big to ignore as by some estimates over 10% of the s&p500 (an index of the largest companies in America), is now made up of these companies that don’t serve the one central goal of being in businesses. What’s more, is that this issue is not just endemic to a particular industry, dozens of major companies and countless smaller businesses in every sector of the economy from energy, retail, medical, telecommunications, and of course technology are in this profitless boat together. So what is going on here? Why would anybody invest in a business that is unprofitable? What impacts does this apparent misallocation of resources have on the economy? And finally, Will the economic fallout of 2020 show these businesses for what they really are? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #ZombieCompanies #EStocks #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Karl Marx and Frederick Engels were philosophers, political theorists, and economists responsible for writing the communist manifesto, which is today probably the most widely recognized text outlining a system for a communal economy. An economy where work is done to fulfill the needs of one's community rather than to satiate personal desires. An economy where goods and services are distributed by needs rather than by means. An economy where people could not rest on the laurels of being land or capital owners to get by without ever needing to contribute any personal effort. This system lies in direct contrast to the other extreme of the economic spectrum which is Laissez-Faire Capitalism. Laissez-Faire fair literally translating from french to let it be or leave alone pretty much sums up this economic system. It advocates for leaving capitalism alone entirely to do it’s thing because no government can allocate resources as efficiently as the free market. Both of these opposing theories are very extreme and for what its worth don’t exist in any modern economies anywhere around the world today, despite what some nations might have you believe. So what are the economic arguments for and against a communist economic system? What are the economic arguments for and against a completely free market? And finally Are there any examples of these extreme systems actually working throughout history? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Communism #Ancap #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Join the mailing list! ❤️ ➡️ https://economicsexplained.substack.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ There are over 10 million people in some form of government incarceration around the world today. There are 2.3 million in the USA alone and anyway you slice it that is a huge population of people. The population of people living in prisons is larger than the population of people living in most countries on earth. Locking people up is big business. And however you slice it, 10 million people are potentially a huge workforce. All of this can add up to have a very significant contribution towards national economies in more ways than you might expect. But as always we need to look at a few key areas to truly understand the economics of incarceration. So, what is the opportunity cost of having people locked up? What impacts does this all have on the wider economy? And finally: What impacts does the economy have on incarceration? Now while this all sounds like a pretty grim topic, that let’s be honest, most of you economics nerds watching, are never going to experience directly... it is still really important to understand. This is because despite the social impacts this system can have, there are some very serious positive and negative externalities caused by this system. In a heartless, clinical, sort of way, the study of economics could shed some insight into the system, by addressing… The opportunity cost of the bars... Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #PrivatePrisons #PrisonLabour ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

➡️ https://economicsexplained.substack.com This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to be able to buy a family home for 10 grand, are all the result of inflation. The idea that over time money becomes worthless and less influences a lot of decisions in out lives. Everything from retirement planning to salary negotiations take this relatively benign and constant force into account. But it is something that should be feared. Hyperinflation is where this slow but steady force explodes and renders money all but useless. Since the money printers fired up in early 2020 the US has added over three trillion dollars to is m2 money supply. That’s more than a 20% increase in the total amount of money washing around in the economy in the space of around 6 months. What’s more is that 3 trillion dollars is coming close to doubling the amount of cash in active circulation, that is the pool of cash which is actively out there been spent on good and services rather than sitting dormant in bank accounts or term deposits. When you consider that hyperinflation is classed as a 50% increase in general prices per month it is reasonable to expect that this printing bonanza may be starting to push into dangerous territories. Or is it? Is hyperinflation actually something to be concerned about, in a developed nation like the USA? Or are all of these cautionary tales simply a ploy to try and get people to buy gold coins at 50% over their base value. Well to answer this we of course as always need to loot at a few key details and answer a few key questions. What actually is inflation? It’s weirder than you might think Is inflation actually good or bad for the economy? Is the money printer causing inflation right now? And what are the best ways to protect against this harsh reality? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Money Printer go BRRR animation → https://www.youtube.com/watch?v=O1hCLBTD5RM&ab_channel=TimvanHelsdingen Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Inflation #MoneyPrinter #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=TAI3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Taiwan, or officially, the Republic of China, a country in east asia, which if you can’t tell by how delicate I am being with these titles here is consistently under a bit of ehh let’s call it scrutiny. So contentious in fact that any country that is doing business with the people's republic of china, you know China, has to officially declare that they recognize the island of Taiwan as the sovereign territory of China. While this is all very confusing, the fallout is that the nation of Taiwan is only officially recognized by a tiny selection of countries from around the world. These countries include economic superpowers like Guatemala, Haiti, the Marshall Islands and Vatican city collectively making up only accounting for around 50 million people and covering a tiny portion of world trade. So it's not exactly like they have brought their A team there either. In Fact, about 2 thirds of the world's population that officially recognizes Taiwan as a nation are citizens of Taiwan. There are some sovereignty claims in outback Australia that have been more widely recognized than this nation of 23 million. Despite all of these substantial hurdles Taiwan powers on. It has a GDP per capita of $25,000 and an average net worth per citizen of $142,733. Those are Per Capita GDP figures that are only beaten out by Japan and South Korea in the region. And average net worth figures that are only beaten by a very select group of the wealthiest most developed nations on the planet. So what is going on here? Why are countries so quick to dismiss Taiwan as not a real nation? What issues does this cause in an increasingly globalized world? How is it that Taiwan has been so prosperous besides this? #Economics #Taiwan #Trade Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=GDP3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an economy is. They might not be able to tell you how it’s calculated or even what it stands for but they would get at least that part right. And you know what, that’s probably all they need to know, it might be all economists need to know about the figure, because it might be the extent of what this figure can tell us. Gross Domestic Product is a measurement of production in an economy, the idea is that the more stuff that is being created and transacted the wealthier the economy is and while this isn’t necessarily wrong it’s not the whole story. The tachometer is a measurement of your car’s performance. Higher revs on the dial, normally mean your car is going faster, but there is actually no way to know without other information, like if that car is in gear or even if that car has wheels on. This might be a bit of a rough analogy but in a world where people are becoming hyper-focused on GDP figures and what they mean for everybody amidst the chaos of 2020, it’s important to remember to check the other indicators. Something to keep in mind amongst all of this is that GDP is a macro-economic measure, it looks at the whole economy as an aggregate or a total collective. Sure the figures might not look great, but ask yourselves watching, did your lifestyle become 33% worse when a 33% drop in GDP was recorded? For most of you watching I would imagine the answer is no, which might start to raise some eyebrows as to just how useful this measure is at telling economists what's really going on in the nations they are studying. So ... What are the limitations of GDP? Are there better figures to look at to get an idea of how prosperous an economy is? And how could focus on something outside of pure productive capacity be good for our economy? #Economics #GDP #NetWorth Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=FIRE3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Fire movement is a growing trend amongst young workers which is growing in popularity thanks to its very enticing goal which is spelled out in the name. FIRE is an acronym of Financial Independence and Retiring Early. The idea is that by following a very aggressive saving and investing strategy people can get to a point where they are effectively retired at a very young age, sometimes younger than 30. In a world where we are being told that pensions are running dry and the average person may have to work in some capacity for their entire life, this sounds like a bit of a lofty dream. Sure, there are trust fund babies and young tech millionaires who may earn millions within their first few years in the real world, but surely kicking back on beach and never thinking about work again is not attainable to a regular wage slave right? Well if some figureheads and internet forums are to be believed then well, yeah actually it is for pretty much anybody. Now in the interest of full disclosure, I am a passionate advocate for the financial independence movement. But that does not mean that I don’t see issues with it. Now many of those issues are glossed over in the sheer simplicity of it, which is also part of the reason it is so powerful. So long as someone can get to a point where their investments are making as much as their living expenses long term, they have achieved financial independence. Getting to that point is harder for some than others, but advocates of the movement argue that this difficulty has more to do with personal lifestyles rather than personal incomes. So what are the mechanics of the FIRE movement? How could someone use it to stop working forever? Is this actually attainable for anybody like they say? And finally What would this movement do to the wider economy? #FinancialIndependence #EarlyRetirment #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=WORK3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Workers today are amongst the hardest worked individuals in history, while simultaneously being the most efficient. Sure, they have traded in grueling factory floors and coal mines for air-conditioned offices so they probably don’t get quite as much sympathy as their industrial revolution contemporaries but the world today is marred by different challenges. Hustle culture and the glorification of roles like surgeons, investment bankers, and corporate lawyers have set a precedent of on-call all the time, under the guise of professionalism or being a team player. Expectations and key performance indicators are increasingly monitored, scrutinized, and increased year on year. Now the discussion around overworking is not a new one, but it tends to focus on the mental health implications of this reality rather than the economic impacts. Now we are going to be leaving that aspect of this discussion to the side for this video and instead focus just on the economics of the overworked world. Partially this is because there are many people far more qualified to talk about mental health and partially because well, sometimes for things to get changed it needs to make economic sense for them to be changed. So the health implications of 100 hour weeks aside, we really only need to answer one question. Does working longer and harder make for a more prosperous economy? #HustleCulture #Recession #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Try out Trends today! Get your first 2 weeks for just $1! 👉 https://trends.co/ee ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The economic impacts of 2020 have been felt far and wide and we have covered these problems in-depth in a handful of videos on this channel. But the logical question that most people are asking is what comes next? Disasters happen and they are never pleasant but part of being a nation, a business, or even an individual is being able to deal with adversity and come out the other side. Because of this people are expecting a recovery of sorts, and it seems like the only point of contention will be what letter of the alphabet this recovery will represent. Other speculations include a W-shaped recovery where we will see 1 recovery then another decline as the effects of government stimulus and relief packages wear off only to be followed by another genuine recovery later on. But amongst all of this, there is one type of recovery that we should all be very afraid of, one that is not getting nearly as much airtime and one that is actually being hurt by a lot of current policies and that is a K shaped recovery. #EconomicRecovery #Recession #WealthInequality ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=ECON3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ An economy is a collection of production and consumption processes that are all working towards solving the central economic problem. The problem is that we only have access to a finite amount of resources, but the potential for human consumption of goods and services is pretty much limitless. This is the foundation of economics, every study, every paper, every theory, economic policy, or experiment is ultimately an attempt to find a solution to a problem, that by its very nature, has no solution. Economics is considered a social science, and although some other scientists from more “rigorous” fields don’t always welcome it into their little club, it still follows the same processes to explore the world around us. And, as with science, or anything that is extremely complex for that matter, there are disagreements between practitioners at all levels of academia and throughout the entire history of the subject. The economic schools of thought are very broad ways that economists are clumped into basic groups. Now the first thing to know about all of these schools of thought is that they all agree with one another on most issues. In the same way that two physicists will obviously agree with one another that and object at rest will remain at rest, but might disagree about string theory. Two economists will obviously agree that there are opportunity costs for every unit of production, but they might disagree on the long term implications of a consumption tax. The economy impacts our financial situations, our governments, retirements, environments, crime rates, and basically anything else that is going to make news headlines. As with anything that people are invested in they form opinions around it. And those opinions are held by everybody from Nobel laureate career economists to that crazy guy advocating for a seed-based economy. If this contention wasn’t enough then there is one other issue that makes these schools of thought difficult to deal with, and that is that there are no strong borders between them. There are plenty of economists that agree with some of the principles of one school of thought and then disagree wildly on some other areas. Which is actually a good thing. But more on that later. For now, to try and make sense of this wild world we are going to look at three major schools, Classical, Austrian, and Keynesian. To show the differences between these schools we are going to look at the way they suggest solving the central economic problem in key areas. What they suggest the role of government is. What do they think the role of the individual is. What they propose doing in an economic crisis. And finally what is the key to delivering a wealthier happier economy? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ If you’d like to dive deeper in to the topics discussed in this video, we recommend checking out these fantastic books: 📚 Wealth of Nations by Adam Smith - https://amzn.to/3ihm0U8 📚 The General Theory of Employment, Interest and Money by John Maynard Keynes - https://amzn.to/3ihms4M (Note: as an Amazon Associate, we earn from qualifying purchases). ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Austrian #Keynesian #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=SHOES3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The market for alternative investments has been a really exciting field in recent years, with everything from bitcoins, to beanie babies being touted as the next must-have to outperform the boring old stock market. Now some of these investments have been good some of these investments have been bad, and many haven’t been around long enough to really tell yet, but the aftermarket for high fashion is a really interesting entrant into this world. Can things like sneakers really be considered an investment? Or, are these people desperately trying to justify an irrational purchase? What would one need to know before investing in these markets? Who are the key players in this industry? And most importantly: is this all just another speculative market bubble? #LuxuryGoods #FashionIndustry #Economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Vietnam is one of the fastest-growing economies in the world today. In 2019 its growth was only beaten out by a selection of far smaller and far more unstable national economies. With a huge and very hardworking population not to mention a powerful ally to it’s north this could be the country to watch out for in the next 10 years. But this success is by no means guaranteed. As with many other nations in the Southeast Asian region, it has many hurdles it needs to deal with to become a fair dinkum developed economy. The middle-income trap, global trade hostilities, and an increasingly competitive global market for manufacturing. Oh and if all of this wasn’t enough let's not forget a global pandemic and ensuing economic crisis to really spice up this obstacle course on their journey to success. All of these factors make Vietnam a fascinating country to explore and use as a case study for some very intriguing economic questions. Foremost amongst these is a challenge to the assumption that all nations can become developed economies, so long as they embrace industry, and free trade and free markets. So, What has been behind Vietnam’s Economic Growth? What will the impacts of 2020 do to this growth? And perhaps most importantly How will this nation break into the Developed Nations club? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Vietnam #Economics #Wealth ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #TradeWar #Forex #Economics China is not playing fair in the game of global trade, they are cheating other countries, companies, and consumers out of business by Manipulating their own currency. So how does a nation like china control their currency? Can this actually be used to give an unfair advantage in global trade? If it can, why doesn’t every country do it? Can businesses profit from this man-made market failure? And does a currency price even matter? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ ➡️ https://www.patreon.com/EconomicsExplained Change.org Petition → http://chng.it/s8QmcZt269 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Student loans are financial tools that have been put in place to give promising individuals the ability to get an education and increase their potential for future earnings with a strong professional career. On a nationwide level having a well educated and skilled workforce is one of the strongest determinants of economic success. We have seen this time and time again with nations like South Korea, Japan, Switzerland and Germany, who are not necessarily blessed with a wealth of natural resources or great geography but nonetheless hold their own as some of the world's wealthiest nations. For all of these reasons, young men and women from around the world have grown up with the idea that their education is the best investment they can make… ... but is it? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #StudentLoans #Debt #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas References → http://bit.ly/student-debt-sources

Change.org Petition → http://chng.it/s8QmcZt269 Retweet → https://twitter.com/EconomicsEx/status/1297087862366777344 Googles open letter → https://about.google/intl/ALL_au/google-in-australia/an-open-letter Additional Info → https://australia.googleblog.com/2020/08/regulation-impact-on-YouTube-Community.html Read the bill in full → https://www.accc.gov.au/focus-areas/digital-platforms/news-media-bargaining-code/draft-legislation #OurYouTube The News Media Bargaining Code is a proposed piece of legislation currently under review by the Australian parliament, that would work effectively to abolish the level playing field of the internet within the country. Now for all of you watching that are not Australian, don’t breathe a sigh of relief, because this will still impact you. The law would mandate that registered media organizations would have key insights into how googles back end systems work, including access to users data, privileged analytics, and unfair compensation. ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Physical cash is one of the easiest ways to instantly and reliably conduct commerce. It has been well-documented that the ease of transactions within a nation is as big of a determinant of a country’s success as is access to natural resources like oil and natural gas, or even a well-educated population. So, what would happen if we got rid of cash? #Cashless #Finance #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas References → http://economicsexplained.io/cashless

Join the Trends Community today. Get your first two weeks for just ONE dollar! 👉 https://trends.co/ee to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The S&P 500, an index that measures the stock performance of the 500 largest companies in the USA, closed out this week at it’s highest level ever. The USA releases it’s worse GDP figures in history? The stock market rose the next day, research is released that this whole ordeal may not be over until 2022, 1% rally in the markets. Is it fair to say we are right back in a market bubble? #Stockmarket #Recession #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=40HRS3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ There are a lot of things that we take for granted in our day to day lives, and one of the big ones is how we spend a good portion of our waking hours. Based on sophisticated youtube analytics we can determine that a majority of people watching this video are full-time employees working 40 hour weeks at their jobs So is 40 hours really the optimal work week, and are their alternatives that are based more on economics rather than tradition? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas #employment #careers #economics Disclaimer: Economics Explained receives a $5 affiliate commission from Acorns per verified new account registration. Thank you for supporting our sponsors which make videos like these possible! ❤️

Sign-up for Acorns! 👉 https://acorns.com/ee?s2=HISTORY3 (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The wealthiest generation in history is starting to retire, and die. In doing so they will be responsible for the greatest wealth transfer in history, as they pass along a collective 30 trillion dollars to their beneficiaries over the next few decades, just in the united states alone. That kind of capital movement is going to have some extremely significant impacts on the economy some of which we are already starting to feel. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Wealth #Business #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas Disclaimer: Economics Explained receives a $5 affiliate commission from Acorns per verified new account registration. Thank you for supporting our sponsors which make free-to-watch videos like this possible! ❤️

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Last Thursday on the 30th of July 2020, the U.S. Bureau of Economic Analysis released its 2nd quarter Gross Domestic Product report. The report noted a 32.9% contraction in annual GDP growth in the months of April, May, and June. For reference, the 2008 subprime mortgage crisis of 2008 saw an 8% drop in annualized GDP figures at its peak. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #recession #stocks #economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Get 10% off your Squarespace subscription today! 👉 http://squarespace.com/economicsexplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Ancient Egypt was amongst the first major human civilizations in existence. Outside of being genuinely fascinating the economy of ancient Egypt is enlightening to really pull apart because it represents an economy in it’s most basic form. Targeted inflation, debt cycles, derivatives contracts, and even the financial sector are all crucial components of our modern and hyper-advanced economies. Egypt, had none of these... #history #economics #ancientegypt Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

the big short was a fantastic movie, for finance nerds and regular viewers alike. One of the lines that stood out the most, amongst many memorable lines, was the claim that for every 1% increase in unemployment 40,000 people die. This is an incredibly significant claim, that adds even more weight to the already significant societal issues that come along with people out of the job. So is this claim actually true? This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #bigshort #unemployment #economics Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #blackmarket #economics #undergroundeconomy Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Vatican city. The smallest widely recognized sovereign state in the world. This tiny nation exists entirely within these walls, but its influence is felt the world over. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Vatican #holysee ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Music Brandenburg Concerto No4-1 BWV1049 - Classical Whimsical by Kevin MacLeod is licensed under a Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100303 Artist: http://incompetech.com/

The justification was that this was necessary to restore balance to a universe that was overpopulated and putting too much of a drain on resources. Now instantly hazing half of the universe is a bit extreme, but… When the same world can’t go a week without some news article telling us that global climate catastrophe is inevitable, natural resources are running dry, or that if everybody lived like the average American we would need 4 earths to sustain them it starts to sound like we should hear this Thanos guy out. This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #marvel #economics #thanosdidnothingwrong Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ People are told from the time they get their first job to save money. Save for a car, have an emergency fund, send your kids to college, a house deposit, oh and not to mention retirement (if that is still a thing). There are a million things to save for and on an individual level, it is almost always a good idea. So why is it then, that governments and businesses from around the world are so terrified of people saving money? #Saving #Recession #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The wealthiest among us today live a life unparalleled by any other human throughout history. The greatest Kings and emperors could only dream of the life afforded to today’s billionaires. It doesn’t end there, even mere multi-millionaires are living through a time where they have access to limitless information, unhindered mobility, and personal comforts. But this is all taking place at a time where a swelling population of people are struggling to make ends meet. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 #Inequality #Economics #OnePercent ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Our world is home to over 190 countries using 180 currencies to trade, invest, and collect taxes. The global economy is complex at the best of times and the foreign exchange, or forex market only looks to add an additional layer of confusion and complexity. So this begs the question could the world adopt a single universal currency? Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Forex #WorldCurrency #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Adam Smith. Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked the beginning of economics as an academic discipline as Adam Amith, (now heralded as the father of economics) laid the foundation for economic rules and principles that guide decision making the world over. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 If you want to learn more about this topic, be sure to check out the book "The Wealth of Nations" by Adam Smith 👉 https://amzn.to/38jZpBW (note: as an Amazon associate, EE earns from qualifying purchases. Thanks for supporting our show!) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #AdamSmith #WealthOfNations #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ There are all manner of factors that make poor countries poor and rich countries rich. Many of these factors we have explored in depth when we have looked at economies like the democratic republic of the Congo all the way up to places like Switzerland and Norway. Political Stability, industry, natural resource wealth are all incredibly important variables but there is something extra here that just doesn’t seem to make sense. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #GDP #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there. Amazon will only be the second company this channel has ever explored but it is extremely important to understand for a few reasons. most curiously, why amazon is pushing for reform in key areas that wouldn't really be expected... ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Amazon #Economics #Monopolies ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The 2008 Global Financial crisis was kicked off by major structural issues in the global banking system and exacerbated by record levels of household debt. Today the world is on the brink of yet another major financial downturn, and yet again household debts are at record levels. So is banking really to blame? ⭐️ Be sure to check out BC's incredible documentary about John Pierpont Morgan if you're interested in learning more about the origins of the U.S. banking system! 👉 https://youtu.be/5jjdErDkDZE #MoneyPrinter #QuantatiativeEasing #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Game Theory is supposed to show how businesses (and prisoners) can outdo each other to win out over their competition. While this is great in theory Game Theory actually shows us much more about how to get along with our partners, friends, and allies. Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #TradeWar #Economics #GameTheory ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Australia is a major world economy, with highly developed industries and close to 25 million of the wealthiest citizens in the world. But Australia is harboring a deep, dark secret ... it is an American company! 🇺🇸 #AustraliaLLC #Economics #Corporate ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Hong Kong has done very well for itself as a global-middle-man. And the meteoric rise of its neighboring economy, China, has only strengthened the city’s already-prosperous position. But, of course, if you follow the news, you probably already know that Hong Kong has seen better days. Global trade tensions, prolonged protests, and good-old-fashioned competition have dramatically impacted its economy in recent years. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ⭐️ Business Casual's "The Souk Al-Manakh" Mini-Documentary! ▶️ https://youtu.be/hk4THbOoho0 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #HongKong #TradeWar #StockMarket ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ France is a global trendsetter for other economies. This goes from the rollout of the metric system to more tangible short term indicators. If you want to predict the future, look to France. This is not to say that the country is any further ahead than any other developed nation. In fact, in many ways, it is quite the opposite, but the industries they choose to engage in making them a great indicator for global economic performance. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #France #Economics #Unemployment ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Taxes are an unfortunate reality for most people living and working in the modern world, we pay them every year, we complain about them, and then we forget them until next year. Taxes are one of the most important elements of any economy around the world. Entire societies can grow from effective taxation and crumble without it. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Taxes #Taxation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

Start your 14-day free trial & get 10% off your Squarespace subscription ➡️ https://squarespace.com/economicsexplained Want to learn even more about art? Be sure to check out the Squarespace site we created specifically for this video 👉 https://www.economicsof.art ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In 2017, at Christie’s Auction House in New York, a mysterious #Art buyer bid a record-breaking $450 million dollars for the #SalvatorMundi; a painting by the legendary Leonardo da Vinci. News of the staggering purchase price sent shockwaves throughout the entire art market (which, interestingly, has been a reliable indicator of impending market bubbles for decades). What drives the high-end #ArtMarket? How can art be used to move money in creative ways and get around taxes? And perhaps above all, why would anyone park so much money in a picture when there are other asset classes that actually generate cash, like real estate rentals or dividend-paying stocks? … all this and more in today’s episode! 📚 If you want to learn even more about the history of the art market, you should check out the book "A History of the Western Art Market" 👉 https://amzn.to/2XP642n (note: as an Amazon Associate, we earn from qualifying purchases). ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations: https://economicsexplained.io/economicsofartcitations ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Brazil is currently the 9th largest economy in the world, according to the International Monetary Fund. This means that if the nation does make the jump from developing to developed, it could rival economic superpowers like Germany, Japan, or the United Kingdom. And as crazy as it may sound, it may become an economy that rivals the USA or China. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ⭐️ Apply to join the team here → https://bit.ly/3d0r7FB Sources & Citations → https://bit.ly/ee-sources7 #Brazil #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Apply to join the team here → https://bit.ly/3d0r7FB This is Liechtenstein just the cutest little European nation, the nation is tiny but weirdly enough it is actually only the fourth smallest country in Europe, behind Vatican City, Monaco, and San Marino. What it lacks in square footage though it more than makes up for in economic might. You see this country is home to the second richest people in the world with a GDP per capita of $165,000 which is second only to Monaco, and the country is, at least officially home to some truly wealthy old moneyed elite. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Liechtenstein? We recommend "Secrets of the Seven Smallest States of Europe: Andorra, Liechtenstein, Luxembourg, Malta, Monaco, San Marino and Vatican City", by Thomas Eccardt 👉 https://amzn.to/2XJCUmt (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #WealthTax #MicroNation #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ So hedge fund is a term that has really lost a lot of meaning in recent years. These days it basically just means a managed financial institution that facilitates complex investment strategies that cater exclusively to high net worth individuals. But that wasn’t always the case. You see hedge funds actually have a really specific role in the world of high finance and in this video we are going to find out what makes them work. 📚 Want to learn more about hedge funds? We recommend reading "So You Want to Start a Hedge Fund: Lessons for Managers and Allocators", by Ted Seides 👉 https://amzn.to/3dRZbnS and "The Little Book of Hedge Funds" by Anthony Scaramucci 👉 https://amzn.to/2Yh132Q (note: as an Amazon Associate, we earn from qualifying purchases) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ References → https://bit.ly/ee-sources5 #HedgeFunds #Stocks #StockMarket ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Most people would agree that recessions are terrible things, they cause widespread fear amongst people that will be anxious about their savings, their livelihood, or even their next meal. On a nationwide level, economic downturns are events akin to natural disasters, they do massive damage and for the most part are widely accepted by society as an “inevitability”, rather than a “rarity” … But do we really need recessions? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about recessions? We recommend reading "The Big Short: Inside the Doomsday Machine", by Michael Lewis 👉 https://amzn.to/30sybYd (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Sources & Citations → https://bit.ly/ee-sources4 Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Recession #EconomicsExplained #FinancialCrisis ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ China's Belt and Road initiative is set to be the most influential economic development project in recent history. It’ll be an investment measured in trillions, connecting dozens of nations with roads, rail lines, shipping routes, and most important of all: trade deals. But for all of the impressive figures, there’s an equally concerning list of problems centered around the nation that looks to be the ringmaster of this whole project. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations: https://bit.ly/ee-sources3 #BeltAndRoad #ChinaBRI #China ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Inarguably, it's pretty bad right now. Businesses are closing, unemployment is rising, and people are scared for their health. Fortunately, governments are coming to the rescue with a swath of economic bailouts, stimulus checks, and hardship support. And since we're living through an event that will shape economic policy for generations to come, it's an ideal time to explore what economic responses we want to replicate in the future, as well as which government policies have completely fumbled the economic response of 2020. By doing this, we should be able to analyze the efficiency of government spending for the purposes of creating a strong economy. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of stimulus packages? We recommend reading "The Courage to Act: A Memoir of a Crisis and Its Aftermath", by Ben Bernanke 👉 https://amzn.to/2BJvAyx (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Video Sources & Citations: https://bit.ly/ee-sources2 Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Stimulus #Bailout #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Say you find yourself sitting on top of a vast fortune of funds that were acquired legitimately (or otherwise), and let's just say this vast fortune propels you to billionaire status. Congratulations! You've made it! ... well, sort of. All that’s left to do now is make sure your fortune is secure for generations to come (and not lost as quickly as it was made). But before you can enjoy the high life, you are going to need to first check-off a few things. Luckily you are in the right place. So, take out your notepad and pen, this is the first video in a two-part series on how to become the master of your finances. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about money laundering? We recommend reading "Anti-Money Laundering in a Nutshell: Awareness and Compliance for Financial Personnel and Business Managers", by Kevin Sullivan 👉 https://amzn.to/3h5F33q (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Video Sources & Citations: https://bit.ly/ee-video-sources #MoneyLaundering #DirtyMoney #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ A home is in most developed nations in the world the centrepiece of the family finances, it is simultaneously the largest investment and largest expense of almost any individual lucky enough to break it to this increasingly unattainable market with a massive mortgage. But is this all for the best? Have houses been conflated with poker chips, as people no longer look at them as shelter for a growing family but rather as an asset to make wild speculative moves on in the hope of equally wild returns. The property market was at the centre of the last financial downturn in 2008, and as it seems we are on the precipice of another major recession it is probably a prudent time to re-evaluate what is going on with the world of real estate. To do this we are really going to have to look at things on a few level’s from the macroeconomic factors like over-development and over-leveraging to issues on an economy-wide level which is ultimately going to boil down to answering a few key questions: What does a strong property market mean for the wider economy? Are their better investments out there? And are we over-leveraged right now? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of real estate? We recommend reading "Economics, Real Estate and the Supply of Land", by Alan Evans 👉 https://amzn.to/30mT2Mg (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #RealEstate #Economics #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Jowsey, E., 2011. Real estate economics. Macmillan International Higher Education. Evans, A.W., 2008. Economics, real estate and the supply of land Barlowe, R., 1978. Land resource economics: the economics of real estate. DiPasquale, D. and Wheaton, W.C., 1996. Urban economics and real estate markets (Vol. 23, No. 7). Englewood Cliffs, NJ: Prentice Hal Wheaton, W.C., 1999. Real estate “cycles”: some fundamentals. Real estate economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The wild ride of 2020 continued this week with the news that the leader of North Korea, Kim Jong Un was in a critical condition and that his continued leadership of the nation was not necessarily guaranteed. This has, of course, generated all manner of speculation given how secretive the hermit kingdom is at the best of times but even more so now as its future really is up in the air. So, with that, there are a few key issues we must explore here. What will the potential economic outcomes of leadership change be why is it that a dictatorship inherently makes for a poor economy? What the potential outcomes will be for North Korea will be in the future. How countries have dealt with this type of situation in the past. And perhaps initially what is it that would stand in the way of a country like North Korea embracing a modern economic system, what keeps them poor. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about North Korea? We recommend reading "Nothing to Envy: Ordinary Lives in North Korea", by Barbara Demick 👉 https://amzn.to/3cL6ITK (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #NorthKorea #Economics #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Lam, R., and Wantchekon, L., 1999. Dictatorships as a political Dutch Disease Farrant, A., McPhail, E., and Berger, S., 2012. Preventing the “Abuses” of Democracy: Hayek, the “Military Usurper” and Transitional Dictatorship in Chile?. American Journal of Economics and Sociology. Wintrobe, R., 2000. The political economy of dictatorship. Cambridge University Press. Articles - nationalinterest.org/blog/korea-watch/seven-questions-ask-about-what-happens-north-korea-if-kim-jong-un-dies-149271 nypost.com/2020/04/29/north-korea-investigating-after-news-report-claims-kim-jong-un-dead money.cnn.com/2012/09/24/news/economy/rich-vote-more/index.html ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Ancient Rome was perhaps the most significant ancient civilization to have existed throughout history, the empire lived for over 1000 years and in that time, it gave us the foundations for our modern society. Democracy, a court-based legal system, Latin languages and alphabet, three-course meals, and perhaps it was one of the first modern economies to move beyond a simple agrarian empire and develop things like modern banking, lending, taxation and yes even financial crisis as we know them today. In the same way that scholars study a dead language like Latin to discerned the foundation of meaning in our modern dialects economists can study the histories of ancient civilizations like Rome to determine basic economic functions in a time before modern financial systems could skew results and Rome was perhaps the most developed case study we could look at. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of ancient Rome? We recommend reading "Roman Coins and Their Values, Vol. 1: The Republic and the Twelve Caesars 280 BC-AD 96", by David Sear 👉 https://amzn.to/3h6iL1B (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Rome #Economics #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Morley, N., 2002. Metropolis and hinterland: the city of Rome and the Italian economy, 200 BC-AD 200. Cambridge University Press. Temin, P., 2006. The economy of the early Roman Empire. Journal of Economic Perspectives Temin, P., 2017. The Roman market economy. Princeton University Press. Garnsey, P., Hopkins, K. and Whittaker, C.R. eds., 1983. Trade in the ancient economy Brown, P., 2012. Through the Eye of a Needle: Wealth, the Fall of Rome, and the Making of Christianity in the West, 350-550 AD. Princeton University Press. Braund, D.C., 1983. Gabinius, Caesar, and the publicani of Judaea. Klio Articles - http://penelope.uchicago.edu/Thayer/E/Roman/Texts/secondary/SMIGRA*/Publicani.html https://www.rug.nl/ggdc/historicaldevelopment/maddison/ https://www.pwc.com.au/publications/australia-matters/economic-consequences ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Earlier this week we've started seeing articles noting that oil prices have now gone into the negatives (meaning investors are paying to give away their oil). What is going on here? How does this make sense? As always with these weird and wonderful things, it's all basic economics. And to properly understand this, we're going to need to look at 3 things: Negative value items, the 2020 oil market, and how oil is actually sold! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about oil? We recommend reading "Oil 101", by Morgan Downey 👉 https://amzn.to/2XMN59X (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #OilMarket #Recession #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Lee, K., Ni, S., and Ratti, R.A., 1995. Oil shocks and the macroeconomy: the role of price variability. The Energy Journal. Pirrong, C., 2011. The economics of central clearing: theory and practice. Guay, W., and Kothari, S.P., 2003. How much do firms hedge with derivatives?. Journal of financial economics Pirrong, C., 2009. The economics of clearing in derivatives markets: Netting, asymmetric information, and the sharing of default risks through a central counterparty. Asymmetric Information, and the Sharing of Default Risks Through a Central Counterparty Articles - - nytimes.com/article/negative-oil-prices-facts-history.html - forbes.com/sites/sarahhansen/2020/04/21/heres-what-negative-oil-prices-really-mean/#2c19d87a5a85 - barrons.com/articles/negative-oil-prices-from-the-folks-who-brought-you-the-financial-crisis-51587549601 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Is there such a thing as "good debt"? And how could something good cause so many issues? On top of this is there any way that we could just run an economy without debt and would we be better off for doing so. Well, it turns out we probably can, and in fact, there are many economies around the world today that are developing rapidly while going without this system that we just assume is a given. If we can critically explore these questions it will offer insight into how our modern financial system works, and why it means that despite our best efforts we are almost destined to go into a recession once every 10 years or so. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about how a country (should) deal with debt? We recommend reading "Big Debt Crises", by Ray Dalio 👉 https://amzn.to/3cFtuMY (as an Amazon Associate, we earn from qualifying purchases). Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #DebtCrisis #Recession #Economy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Harris, M. and Raviv, A., 1990. Capital structure and the informational role of debt. The Journal of Finance Chava, S. and Roberts, M.R., 2008. How does financing impact investment? The role of debt covenants. The journal of finance Holmstrom, B., 2015. Understanding the role of debt in the financial system. Frost, C.A. and Bernard, V.L., 1989. The role of debt covenants in assessing the economic consequences of limiting capitalization of exploration costs. Accounting Review Ariff, M., 1988. lsIamic banking. Asian‐Pacific Economic Literature Articles - theguardian.com/business/2019/jan/05/global-economic-crash-2020-understand-why nytimes.com/2019/07/28/business/economy/economy-recession.html theguardian.com/business/2019/dec/29/its-more-than-a-decade-since-the-financial-crisis-wheres-the-recovery Graham Stephan's vid - youtube.com/watch?v=Uw3EhsmLe08 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is China, what is still the world's foremost industrial economy has apparently been knocked down a peg as it emerged into the new decade. There has been wild speculation about companies divesting from the country as a response to the critical flaws in supply chains that have been brought to light. The world today is heavily reliant on China to manufacture almost everything we take for granted in our modern lives. Report’s of companies desperately looking for supply chain alternatives and speculation about countries that are going to move in to take their place have been all over the news, and perhaps there is some merit to this speculation, but a lot of this may be un-grounded in genuine economics and rather just be the product of things people want to be true. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of China? We recommend reading "China's Economy: What Everyone Needs to Know", by Arthur Kroeber 👉 https://amzn.to/3cLoFSm (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Recession #DebtTrapDiplomacy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ References - Were, A., 2018. Debt trap? Chinese loans and Africa's development options. Money printer meme video - https://youtu.be/O1hCLBTD5RM Brautigam, D., 2020. A critical look at Chinese ‘debt-trap diplomacy’: The rise of a meme. Area Development and Policy Bajo, C.B.S. and Roelants, B., 2011. Capital and the debt trap. Hampshire: Palgrave Macmillan Olson, D.L. and Wu, D., 2011. Risk management models for supply chain: a scenario analysis of outsourcing to China. Supply Chain Management: An International Journal Aiyar, M.S., Duval, M.R.A., Puy, M.D., Wu, M.Y. and Zhang, M.L., 2013. Growth slowdowns and the middle-income trap (No. 13-71). International Monetary Fund. Woo, W.T., 2012. China meets the middle-income trap: the large potholes in the road to catching-up. Journal of Chinese Economic and Business Studies Articles - https://www.forbes.com/sites/willyshih/2019/08/26/trade-china-supply-chains-trump-ordered-companies-alternative-manufacturing-factories-china/#2ec1d3364e37 https://asia.nikkei.com/Spotlight/Multinationals-reroute-supply-chains-from-China-for-good https://edition.cnn.com/2020/03/23/perspectives/index.html https://www.washingtonexaminer.com/policy/economy/accelerates-push-to-move-supply-chains-out-of-china

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ It looks like this external shock will snowball on top of some underlying faults in the economy to cause an economic crisis that eclipses the 2000’s tech bible and the subprime mortgage crisis of 2008. Most people of note from policymakers to money managers agree that this is pretty bad and it only looks like it is getting worse ... so why is it then, that amidst all of this chaos and uncertainty the stock market is on the rise again? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the stock market? We recommend reading "A Beginner's Guide to the Stock Market: Everything You Need to Start Making Money Today", by Matthew Kratter 👉 https://amzn.to/2XKyGuU (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #MarketCrash #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Dalio, R., 2012. How the Economic Machine Works. Economic Principles. Dalio, R., 2019. Why and How Capitalism Needs to Be Reformed (Parts 1 & 2). LinkedIn, April, 5. Boyd, J.H., Hu, J. and Jagannathan, R., 2005. The stock market's reaction to unemployment news: "Why bad news is usually good for stocks". The Journal of Finance Money printer meme video - youtu.be/O1hCLBTD5RM ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of war? We recommend reading "War by Other Means: Geoeconomics and Statecraft", by Ambassador Robert Blackwill & Jennifer M. Harris 👉 https://amzn.to/2Yi0OUX (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #MilitaryIndustrialComplex #History ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Melman, S., 1974. The permanent war economy: American capitalism in decline, New York: Simon and Schuster. Milward, A.S., 1979. War, economy and society, 1939-1945 (Vol. 5). Univ of California Press. Higgs, R., 2006. Depression, war, and cold war: Studies in political economy. Oxford University Press on Demand. Trey, J.E., 1972. Women in the war economy--World War II. Review of Radical Political Economics Baack, B. and Ray, E., 1985. The political economy of the origins of the military-industrial complex in the United States. The Journal of Economic History ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Economic growth is something that is important to every global citizen today. But it's not something to necessarily take for granted – we are certainly not "owed" long-term growth. We must earn it. And above all, we must continue innovating to become more efficient. Simultaneously, society must collectively address the major issues that we're inevitably set to face within this century if we wish to ensure that future generations live better than their predecessors. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Growth #Economics #Stimulus ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Gordon, R.J., 2012. Is US economic growth over? Faltering innovation confronts the six headwinds (No. w18315). National Bureau of Economic Research. Lipsey, R.G., Carlaw, K.I. and Bekar, C.T., 2005. Economic transformations: general purpose technologies and long-term economic growth. OUP Oxford. Mokyr, J., 2005. Long-term economic growth and the history of technology. In Handbook of economic growth Sachs, J.D. and Warner, A.M., 1997. Fundamental sources of long-run growth. The American economic review ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Modern Monetary Theory is something so simple yet so complex all at the same time, it does really involve divorcing your mind from how you personally interact with money to ultimately grasp how cash works at an economy-wide level. A lot of supporters of the theory push it as a cure-all to any economic ailments, and you know what with the money printers firing away like they are right now we may finally get a chance to find out if they are correct, but in reality, it’s not a prescription to fix a broken economy as much as it is an insight into how modern economies work. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Modern Monetary Theory? We recommend reading "Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, Second Edition", by L. Randall Wray 👉 https://amzn.to/2A6AGVl (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Stimulus #MoneyPrinter #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Luther, W.J., 2018. Is bitcoin intrinsically worthless?. AIER Sound Money Project Working Paper Duffy, J. and Ochs, J., 2002. Intrinsically worthless objects as media of exchange: Experimental evidence. International Economic Review Ritter, J.A., 1995. The transition from barter to fiat money. The American Economic Review McCabe, K.A., 1989. Fiat money as a store of value in an experimental market. Journal of Economic Behavior & Organization Palley, T.I., 2015. Money, fiscal policy, and interest rates: A critique of Modern Monetary Theory. Review of Political Economy Visser, H., 1991. Modern monetary theory Tsiang, S.C., 1989. The monetary theoretic foundation of the modern monetary approach to the balance of payments. In Finance Constraints and the Theory of Money ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Cuba. This picturesque nation between the gulf of Mexico and the Caribbean is home to possibly the most bizarre economy in the world. #Cuba #Economics #Cubanomics 📚 Want to learn more about the economy of Cuba? We recommend reading "Open for Business: Building the New Cuban Economy", by Richard Feinberg 👉 https://amzn.to/2YdQ766 (as an Amazon Associate, we earn from qualifying purchases) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Cuba #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Font, M.A. and Riobo, C., 2015. Handbook of contemporary Cuba: Economy, politics, civil society, and globalization. Routledge. Pérez-López, J., 2018. Cuba's second economy: from behind the scenes to center stage. Routledge. Mesa-Lago, C. and Pérez-López, J.F., 2013. Cuba under Raul Castro: assessing the reforms MacEwan, A., 1981. Revolution and economic development in Cuba. Springer. De Holan, P.M. and Phillips, N., 1997. Sun, sand, and hard currency: Tourism in Cuba. Annals of Tourism Research Suárez, J.A., Beatón, P.A., Escalona, R.F. and Montero, O.P., 2012. Energy, environment and development in Cuba. Renewable and Sustainable Energy Reviews Ritter, A.R., 1995. The dual currency bifurcation of Cuba's economy in the 1990s: causes, consequences and cures. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In 1929, years of wild debt-fuelled speculation over company stocks came to a halt with the worst economic disaster in history. In 2001, years of wild debt-fuelled speculation over technology companies that were apparently going to revolutionize the future came to a halt when most were shown to be worthless. And, in 2008, years of debt-fuelled speculation from borrowers that just needed that 5th investment properties and the bankers that were more than willing to accommodate this to sell some more mortgage bonds, came to a grinding halt when people realized that everything propping up this speculation was based on absolute garbage. As of making this video, we have just lived through the fastest 30% market decline in US history – outpacing all of the examples listed above. And it's easy to think "this time is different". But it is not... ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about The Great Depression? We recommend reading "The Great Depression: A History From Beginning to End", by Hourly History 👉 https://amzn.to/2XHxkB0 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #MarketCrash #Economics #Recession ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ On December 11th, 2019, The Kingdom of Saudi Arabia launched its initial public offering of Saudia Aramco onto the Tadawul public stock exchange. The companies initial offering actually went quite well after an unprecedented marketing campaign which before this event was pretty much unheard of. On the second day of trading, the company hit a market cap of 2 trillion dollars, easily eclipsing Apple, Amazon, and Microsoft to go on and become the single most valuable company in history. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Saudi Aramco? We recommend reading "Saudi, Inc.", by Ellen Wald 👉 https://amzn.to/30oPB82 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Finance #SaudiAramco #Oil ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Let's say you find yourself as the Head of State of some country during an impending economic crash. Your country's stock market is imploding, businesses are closing, unemployment is rising, and everyone is looking to you to provide economic guidance on how to weather this turmoil. Here's how you can weather the storm and come out on top! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about economic crises? Check out "A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation", by Scott Nations 👉 https://amzn.to/3h1rTEy (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #MarketCrash #Economics #Policy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Kopits, M.G., and Symansky, M.S.A., 1998. Fiscal policy rules (No. 162). International Monetary Fund. Easterly, W., and Rebelo, S., 1993. Fiscal policy and economic growth. Journal of Monetary Economics. Blinder, A.S., and Solow, R.M., 1972. Does fiscal policy matter? (Vol. 144). Econometric Research Program, Princeton University. McCallum, B.T., 1987. The case for rules in the conduct of monetary policy: a concrete example. Review of World Economics. Friedman, M., 1995. The role of monetary policy. Essential Readings in Economics. Bernanke, B.S., and Mihov, I., 1998. Measuring monetary policy. The Quarterly Journal of Economics. Ball, L., 1999. Efficient rules for monetary policy. International Finance. Intro music - Intractable by Kevin MacLeod is licensed under a Creative Commons Attribution license (creativecommons.org/licenses/by/4.0) Source: incompetech.com/music/royalty-free/index.html?isrc=USUAN1100194 Artist: incompetech.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Once the seat of the Roman Empire, Italy is now home to a surprisingly robust yet temperamental economy. The economy of Italy followed a path very similar to that of Germany's, albeit, with a little more flamboyancy which has found them where they are today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Italy? We recommend reading "Saving Italy: The Race to Rescue a Nation's Treasures from the Nazis" by Robert Edsel 👉 https://amzn.to/2YdUdeu (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Italy #Luxury #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the UAE? We recommend reading "City of Gold", by Jim Krane 👉 https://amzn.to/2zePSPy (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Dubai #Economics #OilRich ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Abdulla, Y., 2017. Capital structure in a tax-free economy: evidence from UAE. Al‐Ali, J., 2008. Emiratisation: drawing UAE nationals into their surging economy. International Journal of Sociology and Social Policy. Al Sadik, A.T., 2001. UAE Economy 1972–1998. United Arab Emirates: a new perspective Jacobs, W.A.A., 2007. Political economy of port competition: institutional analyses of Rotterdam, Southern California and Dubai. Nijmegen: Academic Press Europe. Rao, A., 2007. Evaluation of enterprise risk management (ERM) in Dubai–an emerging economy. Risk Management ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Despite its many critics, Mexico has some surprisingly strong economic characteristics. A great export market, a thriving manufacturing industry, natural resources, a young and productive workforce, and even things like geography are all on its side. But the nation still has critics. And some of that criticism isn’t entirely unfair, as things like crime is still an issue. And as strong as Mexico’s legitimate economy and export market is, we still all know deep down the other export market that Mexico is home to. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Mexico? We recommend reading "Beyond Smoke and Mirrors: Mexican Immigration in an Era of Economic Integration", by Douglas Massey and Jorge Durand and Nolan J. Malone 👉 https://amzn.to/30mgPvZ (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Mexican #Economy #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Székely, M., 1998. The economics of poverty, inequality and wealth accumulation in Mexico. Springer. Boucher, S., Stark, O. and Taylor, J.E., 2009. A gain with a drain? Evidence from rural Mexico on the new economics of the brain drain. In Corruption, development and institutional design Bruhn, M. and Love, I., 2009. The economic impact of banking the unbanked: evidence from Mexico. The World Bank. Gonzalez-Hermosillo, B., Pazarbaşioğlu, C. and Billings, R., 1997. Determinants of banking system fragility: A case study of Mexico. Staff Papers Atkin, D., 2016. Endogenous skill acquisition and export manufacturing in Mexico. American Economic Review ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Space exploration has long been the dream of science fiction authors and enthusiasts well before we even had the technology to explore life beyond our own planet. Today, astronauts live year-round in low-earth orbit aboard the ISS (International Space Station). We have put men on the moon, and we have companies that are said to be commercializing space. But, all of this begs the question: what will space exploration actually do for humanity? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of space travel? We recommend reading "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future ", by Ashlee Vance 👉 https://amzn.to/2BO5LNV (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #SpaceX #Economics #Moonbase ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ South Korea, a highly-developed and wealthy economy that epitomizes the story of a modern Asian nation, has made the transition from a very poor to very rich in less than one life's generation. Today, the nation is a glistening beacon of technological innovation that leads the world in highly productive and profitable industries. In this episode, we'll explore how South Korea proves how solid economic management is far more important than natural resources in determining a country's destiny. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of South Korea? We recommend reading "The Politics of Economic Reform in South Korea: A Fragile Miracle", by Tat Yan Kong 👉 https://amzn.to/3f65QL0 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #SouthKorea #Chaebol #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Lie, J., 2000. Han unbound: The political economy of South Korea. Stanford University Press. Koo, H., 1984. The political economy of income distribution in South Korea: The impact of the state's industrialization policies. World Development Haggard, S., Kim, B.K. and Moon, C.I., 1991. The transition to export-led growth in South Korea: 1954–1966. The Journal of Asian Studies Kalinowski, T. and Cho, H., 2009. The political economy of financial liberalization in South Korea: State, big business, and foreign investors. Asian Survey Kong, T.Y., 2013. The politics of economic reform in South Korea: A fragile miracle. Routledge. Campbell II, T.L. and Keys, P.Y., 2002. Corporate governance in South Korea: the chaebol experience. Journal of corporate Finance, Chang, C.S., 1988. Chaebol: The South Korean Conglomerates. Business Horizons, Bierstaker, J.L., Seol, I., Albrecht, C., Turnbull, C., Zhang, Y. and Skousen, C.J., 2010. The relationship between South Korean chaebols and fraud. Management Research Review. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Trillion-dollar mega corporations are a very big deal these days. Only about 2 or 3 exist in the modern world and they're primarily tech companies that have achieved this status by capitalizing on cutting edge modern technology (and probably a bit of optimistic speculation). But there is one corporation that has snaked its way through history and may have very well been the largest corporation in history. This was a company that laid the foundations for modern multinationals and created systems, procedures, and expectations that we take for granted today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of the Dutch East India Company? We recommend reading "The Anarchy: The East India Company, Corporate Violence, and the Pillage of an Empire ", by William Dalrymple 👉 https://amzn.to/30lHLvH (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #VOC #VideoEssay ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Lucassen, J., 2004. A multinational and its labor force: the Dutch East India Company, 1595–1795. International Labor and Working-Class History Landwehr, J., 1991. VOC: a bibliography of publications relating to the Dutch East India Company, 1602-1800. Brill Hes & De Graaf. Van Dyke, P.A., 1997. How and why the Dutch East India Company became competitive in intra-Asian trade in East Asia in the 1630s. Itinerario Robertson, J. and Funnell, W., 2012. The Dutch East-India Company and accounting for social capital at the dawn of modern capitalism 1602–1623. Accounting, Organizations and Society Gerstell, D., 1991. Administrative Adaptability: The Dutch East India Company and Its Rise to Power. Journal of Political Economy Gelderblom, O., De Jong, A. and Jonker, J., 2013. The formative years of the modern corporation: The Dutch East India Company VOC, 1602–1623. The journal of economic history ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Greece, a fantastic European Mediterranian nation that has been famed in recent years for its not so fantastic economy. Greece in the 21st century looks like many other middle-of-the-road developed economies, it has had and still does have a lot of things going for it, it has a huge tourism industry, one of the largest per capita in the world, and its exotic islands and ancient landmarks still attract millions every year bringing with them all those wonderful tourist dollars. In this video, we explore how a once healthy nation got everything so wrong. 📚 Want to learn more about the economy of Greece? We recommend reading "The Last Bluff: How Greece came face-to-face with financial catastrophe & the secret plan for its euro exit", by Viktoria Dendrinou and Eleni Varvitsioti 👉 https://amzn.to/37h6G5g (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Greece #Economics #Austerity ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Κάτσιος, Σ., 2015. The shadow economy and corruption in Greece. South-Eastern Europe Journal of Economics Fakiolas, R., 2000. Migration and unregistered labour in the Greek economy. In Eldorado or fortress? Migration in southern Europe Petrakis, P., 2012. The Greek Economy and the Crisis. In The Greek Economy and the Crisis. Springer, Berlin, Heidelberg Provopoulos, G.A., 2014. The Greek economy and banking system: recent developments and the way forward. Journal of Macroeconomics Baltas, N.C., 2013. The Greek financial crisis and the outlook of the Greek economy. The Journal of Economic Asymmetries Rogers, C. and Vasilopoulou, S., 2012. Making sense of Greek austerity. The Political Quarterly ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about trillion-dollar mega-corporations? We recommend reading "The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google", by Scott Galloway 👉 https://amzn.to/30xZoZB (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #MegaCorporations #Economics #Amazon ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Evans, D.S. and Schmalensee, R., 2007. Catalyst code: the strategies behind the world's most dynamic companies. Harvard Business School Press. Fernández, P., 2007. Company valuation methods. The most common errors in valuations. IESE Business School Pinto, J.E., 2020. Equity asset valuation. John Wiley & Sons. Linzmayer, O.W., 2004. Apple confidential 2.0: The definitive history of the world's most colorful company. Goldfayn, A.L., 2012. Evangelist marketing: What apple, Amazon, and Netflix understand about their customers (that your company probably doesn't) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the United States of America today: The largest most powerful economy to ever exist in history. In previous episodes, we have explored how the economy of the USA has developed from a British colony into an industrial powerhouse that rose to the position of power that it occupies today. Which brings us to America in the 21st century. When a lot of people think of powerful economies they'll imagine huge factories, shipping ports, plentiful farmland, and powerful investment banks. But, in reality, what keeps the world spinning is simply debt and demand. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of the United States? We recommend reading "An Empire of Wealth: The Epic History of American Economic Power", by John Gordon 👉 https://amzn.to/3f4ItS8 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #USA #Economics #Debt ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - McCusker, J.J. and Menard, R.R., 2014. The Economy of British America, 1607-1789 Katz, S.N., 1976. Thomas Jefferson and the right to property in revolutionary America. The Journal of Law and Economics, 19 Teich, M., Porter, R. and Gustafsson, B. eds., 1996. The industrial revolution in national context: Europe and the USA. Cambridge University Press. Taylor, L., Proano, C.R., de Carvalho, L. and Barbosa, N., 2012. Fiscal deficits, economic growth and government debt in the USA. Cambridge Journal of Economics, 36(1), pp.189-204. Morriss, A.P. and Nard, C.A., 2011. Institutional Choice & Interest Groups in the Development of American Patent Law: 1790–1865. Supreme Court Economic Review De Haan, J. and Siermann, C.L., 1996. New evidence on the relationship between democracy and economic growth. Public Choice, 86 Bergsten, C.F., Horst, T. and Moran, T.H., 1978. American multinationals and American interests. Washington, DC. Hines Jr, J.R., 1994. No place like home: tax incentives and the location of R&D by American multinationals. Tax policy and the economy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Brexit? We recommend reading "All Out War: The Full Story of How Brexit Sank Britain’s Political Class", by Tim Shipman 👉 https://amzn.to/3f6QSEy (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Brexit #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Ramiah, V., Pham, H.N. and Moosa, I., 2017. The sectoral effects of Brexit on the British economy: early evidence from the reaction of the stock market. Applied Economics Felbermayr, G., Fuest, C., Gröschl, J.K. and Stöhlker, D., 2017. Economic effects of brexit on the European economy (No. 4). ifo Institute-Leibniz Institute for Economic Research at the University of Munich. Dhingra, S., Machin, S. and Overman, H., 2017. Local economic effects of Brexit. National Institute Economic Review Van Schalkwyk, M.C., Barlow, P., Stuckler, D., Rae, M., Lang, T., Hervey, T. and McKee, M., 2019. Assessing the health effects of a “no deal” Brexit. Bmj McKee, M., 2018. What would a “no deal” Brexit mean—and what does it tell us about those who want it?. Bmj Hantzsche, A., Kara, A. and Young, G., 2019. The economic effects of the UK government's proposed Brexit deal. The World Economy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Philippines, a beautiful tropical archipelago of islands that forms one of the most important economies in the world today. This nation often flies under the radar as a quiet achiever but it is both interesting and important to understand because it may be the quintessential 21st-century growth nation, and that is not to say it is some super modern nation from the future, but rather it is to say that the story of the success and failures of the Philippines is by extension the story of the world today as more and more countries, modernize, embrace technology, trade internationally and bring their citizens into the global middle class. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the Philippines? We recommend reading "An Illustrated History of the Philippines", by Ray Canoy 👉 https://amzn.to/3dMYf3M (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Philippines #VideoEssay ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Parreñas, R.S., 2002. The care crisis in the Philippines: Children and transnational families in the new global economy Boyce, J.K., 1993. The Philippines: The political economy of growth and impoverishment in the Marcos era. University of Hawaii Press. Krinks, P., 2003. The economy of the Philippines: Elites, inequalities, and economic restructuring. Routledge. Kelly, P.F., 2001. The political economy of local labor control in the Philippines. Economic Geography, Bird, M., and Ernst, C., 2009. Offshoring and employment in the developing world: Business process outsourcing in the Philippines. International Labour Organization. Lockwood, J., 2012. Are we getting the right people for the job? A study of English language recruitment assessment practices in the business processing outsourcing sector: India and the Philippines. The Journal of Business Communication ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Jeff Bezos and Bill Gates, two gentlemen fighting back and forth for the title of world richest man. These two individuals seem very very similar, for starters, of course, they are both billionaires, an elite worldwide club with around 2 and a half thousand members, they are both white, male tech entrepreneurs, from the united states, and even more specifically from Seattle, and even more specifically their primary residence is in Medina a same small town just outside of Seattle. So it looks like these two are pretty similar, but in reality, their fortunes couldn’t be more different. 📚 Want to learn more about billionaires (and how to become one)? We recommend reading "Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers ", by Tim Ferriss 👉 https://amzn.to/30j8UQ5 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Billionaires #EconomicsExplained #VideoEssay ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Sexton, D.L. and Smilor, R.W., 1986. The art and science of entrepreneurship. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship McQuaig, L. and Brooks, N., 2013. The trouble with billionaires. Oneworld Publications. Treisman, D., 2016. Russia's billionaires. American Economic Review Sanandaji, T., 2014. The international mobility of billionaires. Small Business Economics Solomon, L.D., 2017. Tech Billionaires: Reshaping Philanthropy in a Quest for a Better World. Routledge. Articles - https://www.forbes.com/forbes-400/#2a56da2c7e2f ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ China has come along way. As of the time of this writing, the communist country is the second-largest economy in the world and looks poised to reclaim its title as the world's largest economy within the next century. So without further ado, let's explore modern-day china and see how it has transformed from a half-crippled state into the economic superpower we know today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of China? We recommend reading "China's Economy: What Everyone Needs to Know", by Arthur Kroeber 👉 https://amzn.to/3cLoFSm (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #China #Trade ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Nee, V., 1992. Organizational dynamics of market transition: Hybrid forms, property rights, and mixed economy in China. Administrative science quarterly Chai, J.C., 1998. China: Transition to a market economy. OUP Catalogue The annual data of China's GDP published on China NBS: National data – annual – national accounts – Cross Domestic Product Archived 14 June 2018 Chi-Yun, C.H.E.N., 2005. Han Dynasty China: Economy, Society, and State Power--A Review of Cho-Yun Hsu, Han Agriculture: The Formation of Early Chinese Agrarian Economy Cheung, Y.W., Lai, K.S., and Bergman, M., 2004. Dissecting the PPP puzzle: the unconventional roles of the nominal exchange rate and price adjustments. Journal of International Economics Schurmann, F., 1973. Ideology and organization in communist China. Univ of California Press Chang, J.K., 1969. Industrial Development in Pre-Communist China: A Quantitative Analysis. Aldine Publishing Company Peng, X., 1987. of the Great Leap Forward in China’s Provinces. Population and development review Li, W., and Yang, D.T., 2005. The great leap forward: Anatomy of a central planning disaster. Journal of Political Economy Bachman, D., and Bachman, D.M., 2006. Bureaucracy, economy, and leadership in China: The institutional origins of the Great Leap Forward. Cambridge University Press Chen, Y., 2009. Cold War competition and food production in China, 1957-1962. Agricultural history Mastel, G., 2016. The Rise of the Chinese Economy: The Middle Kingdom Emerges: The Middle Kingdom Emerges. Routledge. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Wuhan Coronavirus, the active impeachment of a sitting US president, an earthquake and volcanic eruption in the Philippines, floods in Indonesia, the death of Kobe Bryant, magnitude 7.7 earthquakes in the Caribbean and even my homeland down under has been on fire and then buried in ice and then on fire again so yeah the first month of 2020 is really trying its best to kill us all I guess what we are here for is to explore what all of these things mean to an economy both at a local and global level. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Crisis #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Neumayer, E., Plümper, T., and Barthel, F., 2014. The political economy of natural disaster damage. Global Environmental Change. Schwarze, R., and Wagner, G.G., 2007. The political economy of natural disaster insurance: lessons from the failure of a proposed compulsory insurance scheme in Germany. European Environment. Keys, A., Masterman‐Smith, H., and Cottle, D., 2006. The political economy of a natural disaster: The Boxing Day Tsunami, 2004. Toya, H., and Skidmore, M., 2007. Economic development and the impacts of natural disasters. Economics Letters. Bennett, Drake (July 6, 2008). "How disasters help". The Boston Globe. Kidmore, Mark; Toya, Hideki (October 2002). "Do natural disasters promote long-term growth?". Economic Inquiry. Osterholm, M.T., 2005. Preparing for the next pandemic. New England Journal of Medicine. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Soviet Union is one of the most historically significant economies to understand, not only because it was the home to some of the most controversial economic practices ever, not only because it was a nation that altered world politics for the latter half of the entire twentieth century, or because it was home to one of the largest and most rapid economic declines in modern history, no no, all of that stuff is important and we will explore it, but more important than all of that is that even today, almost 30 years after the fall of the soviet union, the lessons of the nation and its economy are having lasting implications on the world today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the Soviet Union? We recommend reading "The Last Empire: The Final Days of the Soviet Union", by Serhii Plokhy 👉 https://amzn.to/2YdreY9 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #VideoEssay #USSR ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Nove, A., 1986. The Soviet economic system (pp. 49-74). Boston: Allen & Unwin. Sampson, S.L., 1987. The second economy of the Soviet Union and Eastern Europe. The Annals of the American Academy of Political and Social Science, 493 Myant, M. and Drahokoupil, J., 2010. Political Economy of Russia, Eastern Europe and Central Asia. Hoboken, NY: Wiley and Blackwell. Williamson, J., 1994. The political economy of policy reform. Peterson Institute. Markusen, A., 1992. Dismantling the cold war economy. World Policy Journal Murphy, K.M., Shleifer, A. and Vishny, R.W., 1992. The transition to a market economy: Pitfalls of partial reform. The Quarterly Journal of Economics Hanson, P., 2014. The Rise and Fall of the The Soviet Economy: An Economic History of the USSR 1945-1991. Routledge. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the Entropia Universe, a massively multiplayer online game set in a science fiction universe full of spaceships and fantastic curiosities. It is a game where players can choose from a wide variety of professions to occupy themselves with which in turn builds a diverse and functioning economy. Entropia universe is worth discussing because of one very small aspect that makes a very big difference. The currency in the Entropia universe can be traded back and forth for real-world money, meaning it is effectively a video game that you play using real-world currency. And it was also an entirely exchangeable digital currency that existed 7 whole years before bitcoin came onto the scene. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #EntropiaUniverse #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Fleming, J.M., 1962. Domestic financial policies under fixed and under floating exchange rates. Staff Papers, 9(3), pp.369-380. Stroud, J.R. and Zhou, H., 2019. Monetary Policy in a Fixed Exchange Rate Regime: Structural Vector Autoregressions with Jumps. Kieger, S., 2010. An exploration of entrepreneurship in massively multiplayer online role-playing games: Second life and Entropia Universe. Journal For Virtual Worlds Research. Bainbridge, W.S., 2011. Entropia Universe. In The Virtual Future ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ South Africa is an economy that is really important to understand as a kind of potential outcome case study of inequality gone bad. The nation itself, on paper at least is not so terrible, it is actually one of if not the wealthiest nation in all of Africa, trading back and forth quite frequently with Nigeria. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of South Africa? We recommend reading "Diamonds, Gold, and War: The British, the Boers, and the Making of South Africa", by Martin Meredith 👉https://amzn.to/2MIvzNK (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #SouthAfrica #VideoEssay ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Marais, H., 2001. South Africa: Limits to change: The political economy of transition Fine, B., 2018. The political economy of South Africa: From minerals-energy complex to industrialisation Magubane, B., 1979. The political economy of race and class in South Africa (Vol. 167). New York: Monthly Review Press. Power, M., Newell, P., Baker, L., Bulkeley, H., Kirshner, J. and Smith, A., 2016. The political economy of energy transitions in Mozambique and South Africa: The role of the Rising Powers. Energy Research & Social Science Arrow, K., Bowles, S. and Durlauf, S.N. eds., 2018. Meritocracy and economic inequality. Princeton University Press. Reeves, A., 2017. Economics: The architecture of inequality. Nature, 543 Assouad, L., Chancel, L. and Morgan, M., 2018, May. Extreme Inequality: Evidence from Brazil, India, and South Africa. In AEA Papers and Proceeding ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Iran, a highly controversial nation that has of course made headlines in recent months for hostilities back and forth between the united states. Hostility towards the united states is really nothing new in and of itself but these particular hostilities have gained so much attention in part because Iran is a very very powerful military nation in its own right. Now a lot of that power comes down to its economy which gives it the ability to be a force that people actually fear to engage with. Even outside of hostilities and fear-mongering the economy of Iran is a really interesting case study because it is one of the largest modern economies that draws policy not only from economic and political theory but also directly from the teachings of Islam, which gives it some really interesting characteristics. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Iran? We recommend reading "Contemporary Iran: Economy, Society, Politics", by Ali Gheissari 👉 https://amzn.to/30lcvNk (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Economics #Economy #Iran ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Behdad, S., 1994. A disputed utopia: Islamic economics in revolutionary Iran. Comparative studies in society and history, 36 Cherkaoui, Mohammed. "Trump’s Withdrawal from the Iran Nuclear Deal: Security or Economics." Al Jazeera Centre for Studies 10 (2018). Cherkaoui, M., 2018. Trump’s Withdrawal from the Iran Nuclear Deal: Security or Economics. Al Jazeera Centre for Studies Thaler, D.E., Nader, A., Chubin, S., Lynch, C., and Green, J.D., 2010. Mullahs, Guards, and Bonyads: an exploration of Iranian leadership dynamics Saeidi, A.A., 2004. The accountability of para-governmental organizations (bonyads): the case of Iranian foundations. Iranian Studies, Oskooe, S.A., 2010. Emerging stock market performance and economic growth. American Journal of Applied Sciences Sinaee, H., and Moradi, H., 2010. Risk-return relationship in Iran stock market. International Research Journal of Finance and Economics, Oskooe, S.A.P., 2012. Oil price shocks and stock market in oil‐exporting countries: evidence from Iran stock market. OPEC Energy Review Saeidi, P., 2012. The relationship between income smoothing and income tax and profitability ratios in Iran stock market. Asian Journal of Finance & Accounting ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sweden is a beautiful Scandinavian country famed for its beautiful people, flat-packed furniture, PewDiePie and meatballs. Now of course if you hadn’t guessed by the channels title we are only here to look Sweden's economy, and it is a remarkable one at that. Sweden is home to one of the highest standards of living in the world and is often held in extremely high regard when it comes to workers rights and general quality of life indicators such as working hours, happiness rates and life expectancy. It is also a nation with a rich history of setting the trend for other economies to follow, Sweden is home to the Riksbank founded in 1668 it is the oldest central bank in the world, blazing the path for monetary policy that dictates every major economy in the world today. So how did it get here. We have explored rich nations with strong welfare systems that seem to do everything right on the channel before… most notably Norway, Sweden's little brother the to west… But Sweden is slightly different in the sense that it was not blessed with the Norwegian sea and its abundance of oil and gas, so it was not able to build up a sovereign wealth fund with oil profits like Norway was and so on paper it is citizens are poorer than Norway's but their quality of life seems exactly the same. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Sweden? We recommend reading "Sweden, Enlarged Edition: The Nation's History", by Franklin Scott and Steven Koblik 👉 https://amzn.to/3h6N6gv (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Sweden #Entrpreneurship #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Pestoff, V., 2004. The development and future of the social economy in Sweden. The third sector in Europe Westlund, H., 2003. Social economy and employment–the case of Sweden. Review of Social Economy Anderson, K.M., 1998. The welfare state in the global economy: the politics of social insurance retrenchment in Sweden, 1990-1998 Bengtsson, T. ed., 2012. Population, economy, and welfare in Sweden. Springer Science & Business Media Florida, R., 2006. The flight of the creative class: The new global competition for talent. Liberal Education Sarafoglou, N. and Haynes, K.E., 1996. University productivity in Sweden: a demonstration and explanatory analysis for economics and business programs. The Annals of Regional Science Engwall, L., 1992. Economics in Sweden. London: Routledge. Music: ABBA Piano cover - www.youtube.com/watch?v=Z_6WcPum38s ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ China was once the wealthiest in the world and now it was struggling to feed itself, it was these kinds of conditions that gave rise to the political system that would go on to define china in the latter half of the twentieth century. The nation boasted this wealth for a majority of the last millennia only ever trading places with India, another nation that flies under the radar in recorded history. It even achieved and maintained a level of wealth beyond the typical colonial powers like England, France, and the Netherlands that we typically associate with world domination in this period and it did it through good old fashioned grunt. In this video, we'll explore how it all went wrong in the 20th century. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of China? We recommend reading "China's Economy: What Everyone Needs to Know", by Arthur Kroeber 👉 https://amzn.to/3cLoFSm (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #China #Communism #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Nee, V., 1992. Organizational dynamics of market transition: Hybrid forms, property rights, and mixed economy in China. Administrative science quarterly Chai, J.C., 1998. China: Transition to a market economy. OUP Catalogue The annual data of China's GDP published on China NBS: National data – annual – national accounts – Cross Domestic Product Archived 14 June 2018 Chi-Yun, C.H.E.N., 2005. Han Dynasty China: Economy, Society, and State Power--A Review of Cho-Yun Hsu, Han Agriculture: The Formation of Early Chinese Agrarian Economy Cheung, Y.W., Lai, K.S., and Bergman, M., 2004. Dissecting the PPP puzzle: the unconventional roles of nominal exchange rate and price adjustments. Journal of International Economics Schurmann, F., 1973. Ideology and organization in communist China. Univ of California Press Chang, J.K., 1969. Industrial Development in Pre-Communist China: A Quantitative Analysis. Aldine Publishing Company Peng, X., 1987. of the Great Leap Forward in China’s Provinces. Population and development review Li, W., and Yang, D.T., 2005. The great leap forward: Anatomy of a central planning disaster. Journal of Political Economy Bachman, D., and Bachman, D.M., 2006. Bureaucracy, economy, and leadership in China: The institutional origins of the Great Leap Forward. Cambridge University Press Chen, Y., 2009. Cold War competition and food production in China, 1957-1962. Agricultural history Music: Chinese Pop Songs Piano ~ Relaxing Piano Music - youtube.com/watch?v=w2X1dtPScpI ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Germany, the largest economy in all of Europe by a significant margin and the fourth largest in the world falling just behind Japan. The economy of Germany is so interesting not just because of its size though but more because it’s a tenuous and surprisingly short history. Germany is a hugely influential economy in the world today and even more so amongst other European economies, it has been a stabilizing force in the euro-zone and its prosperity has overflowed into regions that have been less stable. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Germany? We recommend reading "Freedom with Responsibility: The Social Market Economy in Germany, 1918-1963", by A. J. Nicholls 👉 https://amzn.to/2MCgnlc (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Germany #Japan #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations -- Nicholls, A.J., 2000. Freedom with responsibility: the social market economy in Germany, 1918-1963. Oxford University Press. Sally, R., 1996. Ordoliberalism and the social market: Classical political economy from Germany. New Political Economy Braun, H.J., 2010. The German Economy in the Twentieth Century (Routledge Revivals): The German Reich and the Federal Republic. Routledge Stolper, G., 2017. German Economy, 1870-1940: Issues and Trends. Routledge. Henderson, D.R., 2008. German Economic Miracle. The Concise Encyclopedia of Economics Jeffries, I., Melzer, M. and Breuning, E., 2017. The East German Economy. Routledge. Lechner, M., Miquel, R. and Wunsch, C., 2007. The curse and blessing of training the unemployed in a changing economy: The case of East Germany after unification. German Economic Review Dale, G., 2004. Between state capitalism and globalisation: the collapse of the East German economy. Peter Lang. Scharpf, F.W., 2010. The asymmetry of European integration, or why the EU cannot be a ‘social market economy’. Socio-economic review ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ A long time ago, in a galaxy far far away. The star wars universe centered in this galaxy has of course been the center of many stories filled with action intrigue and mindless cash grabs for toy licensing, but it is also home to an amazingly developed economy. No fictional universe that I know of has the level of depth that the star wars universe has garnered, from the movies, the games, the books, and even the fan fiction it has all built a surprisingly tangible reality in this fictional universe. A large part of that reality is the surprisingly realistic economy that has been fleshed out in the narrative of the star wars universe. The economics of galactic trade and military spending is a long way from the center of the stories but it is still a foundation that whether intended or not gives an added layer of realism to a science-fiction franchise about space wizards. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #StarWars #SciFi #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Kardashev, Nikolai (1964). "Transmission of Information by Extraterrestrial Civilizations". Soviet Astronomy. Galantai, Z., 2006. After Kardashev: Farewell To Super Civilizations. Voros, J., 2015. Galactic-scale macro-engineering: Looking for signs of other intelligent species, as an exercise in hope for our own. Globalistics and Globalization Studies: Big History & Global History. Soytas, U., and Sari, R., 2003. Energy consumption and GDP: causality relationship in G-7 countries and emerging markets Chontanawat, J., Hunt, L.C., and Pierse, R., 2006. Causality between energy consumption and GDP: evidence from 30 OECD and 78 non-OECD countries (No. 113). Surrey Energy Economics Centre (SEEC), School of Economics, University of Surrey. weforum.org/agenda/2018/10/the-80-trillion-world-economy-in-one-chart starwars.fandom.com/wiki ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Here we are ... 2 days before the end of the decade. It's hard to imagine a better time to reflect! For this video, we'll refer to the mistakes that were made in the conveyance of information discussed on this channel in the videos EE produces for our audience. ... Enjoy as EE reflects! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Mistakes #Bloopers #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Golder, F.A., 1920. The purchase of Alaska. The American Historical Review. De Vos, J., 2015. The influence of land use and mobility policy on travel behavior: A comparative case study of Flanders and the Netherlands. Journal of Transport and Land Use. Ferguson, C.E., 2008. The neoclassical theory of production and distribution. Cambridge University Press. Lu, J.F.R., and Hsiao, W.C., 2003. Does universal health insurance make health care unaffordable? Lessons from Taiwan. Health Affairs. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Christmas Crash of 2018 was a really important case study that up until now has been pretty much forgotten and even when it was happening probably didn’t get the attention it should. What was the Christmas crash? What caused it? And why did everything pretty much go straight back to normal immediately after the new year? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about stocks? We recommend reading "The Intelligent Investor: The Definitive Book on Value Investing", by Benjamin Graham 👉 https://amzn.to/3cKtknu (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Christmas #Santa #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Loonin, D., and Renuart, E., 2007. The life and debt cycle: The growing debt burdens of older consumers and related policy recommendations. Harv. J. on Legis Kurtz, S.M., Ong, K.L., Lau, E., and Bozic, K.J., 2014. Impact of the economic downturn on total joint replacement demand in the United States: updated projections to 2021 Neftci, S.N., 1984. Are economic time series asymmetric over the business cycle?. Journal of Political Economy Hamilton, J.D., 1989. A new approach to the economic analysis of nonstationary time series and the business cycle. Econometrica: Journal of the Econometric Society Gordon, R.J. ed., 2007. The American business cycle: Continuity and change Maskin, E., and Tirole, J., 1988. A theory of dynamic oligopoly, I: Overview and quantity competition with large fixed costs. Econometrica: Journal of the Econometric Society Conti, A., Thursby, M., and Rothaermel, F.T., 2013. Show me the right stuff: Signals for high‐tech startups. Journal of Economics & Management Strategy Articles - theatlantic.com/ideas/archive/2019/10/are-we-cusp-next-dot-com-bubble/600232 nbcnews.com/business/markets/dow-drops-653-points-worst-christmas-eve-trading-day-ever-n951661 marketwatch.com/story/the-sp-500-is-on-the-verge-of-tumbling-by-the-most-it-has-ever-fallen-on-christmas-eve-2018-12-24 Music: "The Best Christmas Songs on Piano" - youtu.be/OuyTmdvUtQM ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is China: the second-largest economy in the world, home to the largest population in the world, and the most aggressive economic expansion in modern history. Most people watching this video now would have seen China go from a collection of mostly peasant farmers into the economic powerhouse it is today within their lifetimes. The economic development of China has amongst other things also contributed heavily to the massive drop in absolute global poverty we have seen today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of China? We recommend reading "Understanding China: A Guide to China's Economy, History, and Political Culture", by John Starr 👉 https://amzn.to/2XIeLN5 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #China #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Nee, V., 1992. Organizational dynamics of market transition: Hybrid forms, property rights, and mixed economy in China. Administrative science quarterly Chai, J.C., 1998. China: Transition to a market economy. OUP Catalogue The annual data of China's GDP published on China NBS: National data – annual – national accounts – Cross Domestic Product Archived 14 June 2018 Chi-Yun, C.H.E.N., 2005. Han Dynasty China: Economy, Society, and State Power--A Review of Cho-Yun Hsu, Han Agriculture: The Formation of Early Chinese Agrarian Economy Cheung, Y.W., Lai, K.S., and Bergman, M., 2004. Dissecting the PPP puzzle: the unconventional roles of the nominal exchange rate and price adjustments. Journal of International Economics Schurmann, F., 1973. Ideology and organization in communist China. Univ of California Press Chang, J.K., 1969. Industrial Development in Pre-Communist China: A Quantitative Analysis. Aldine Publishing Company Music: Chinese Pop Songs Piano ~ Relaxing Piano Music - youtu.be/w2X1dtPScpI ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is the arctic: home to a small specialized economic zone that doesn’t technically belong to any established nation on earth. The North Pole is an interesting economic case study, primarily because of its surprisingly incredible economy! ... So put on your jacket and stay warm for today's episode as we explore the economy of The North Pole! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #NorthPole #Arctic #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Russia: the largest country on the planet by pure landmass. The country is the center of many controversies that have today made it a bit of a boogeyman in the international community. It is enormous military power with the largest nuclear arsenal in the world even beating out the United States which comes as a hangover from when the nation was the centerpiece of the Soviet Union. But we are not here to look at Russian military assets or speculate about the wild conspiracies that Vladimir Putin is inevitably plotting in the Kremlin as we speak. We are not even here to look at the Soviet Union that one deserves a video all its own, no we are here to explore modern-day Russia, which is an economy that really is just not that impressive. Russia is hugely powerful by virtue of its military and political influence but its economy is really nothing to be proud of. Its current GDP of around 1.7 trillion USD is certainly nothing to be ignored, it puts it in line with countries like Canada or Brazil but it does not put it in line with the world powers like China or the USA which is normally compared too. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Russia? We recommend reading "The Return: Russia's Journey from Gorbachev to Medvedev ", by Daniel Treisman 👉 https://amzn.to/2A6Or6r (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Russia #Military #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Novokmet, F., Piketty, T., and Zucman, G., 2018. From Soviets to oligarchs: inequality and property in Russia 1905-2016. The Journal of Economic Inequality Klugman, J., and Braithwaite, J., 1998. Poverty in Russia during the transition: an overview. The World Bank Research Observer Blasi, J.R., Kroumova, M., and Kruse, D., 2018. Kremlin capitalism: Privatizing the Russian economy. Cornell University Press Benedictow, A., Fjærtoft, D., and Løfsnæs, O., 2013. Oil dependency of the Russian economy: An econometric analysis. Economic Modelling Williamson, J., 1993. Democracy and the “Washington consensus”. World development Williamson, J., 2000. What should the World Bank think about the Washington Consensus?. The World Bank Research Observer Florio, M., 2002. Economists, privatization in Russia, and the waning of the 'Washington Consensus'. Review of International Political Economy Kulikova, I. and Godart, F., 2014. How history, culture, and demography drive luxury consumption in Russia. In Luxury brands in emerging market ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The economy of the United Kingdom is really a tale of two cities, it was the best of times and it was the worst of times, it is an economy with the highest levels of foreign investment per capita in the world and it is an economy with a major poverty crisis. It's an economy that's home to the second-largest financial center in the world and yet its entire economy is smaller than that of California. In this video, let's explore why these financial institutions decide to call London home. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the United Kingdom? We recommend reading "The Enlightened Economy: An Economic History of Britain 1700-1850 (The New Economic History of Britain Series) ", by Joel Mokyr 👉 https://amzn.to/37kBZMw (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #UK #Economics #England ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Drennan, M.P., 1996. The dominance of international finance by London, New York and Tokyo. The global economy in transition Sandford, C.T., 2015. Economics of public finance: an economic analysis of government expenditure and revenue in the United Kingdom Lewis, M.K., 1999. International banking and offshore finance: London and the major centres. In Offshore Finance Centres and Tax Havens Cassis, Y., 2010. Capitals of Capital: the rise and fall of international financial centres 1780-2009. Cambridge University Press. Dunnett, P., 2013. The Decline of the British Motor Industry (Routledge Revivals): The Effects of Government Policy Amit, R., Liechtenstein, H., Prats, M.J., Millay, T. and Pendleton, L.P., 2008. Single-family offices: Private wealth management in the family context Glucksberg, L. and Burrows, R., 2016. Family offices and the contemporary infrastructures of dynastic wealth. Music (go check this channel out for real!) - Penny Lane (The Beatles) Piano Cover by Sangah Noona (youtube.com/watch?v=69sxYy2fuXM) Documentary - youtube.com/watch?v=np_ylvc8Zj8 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The United States became the world's largest economy in the early 20th century and though massive industrial growth and technical innovation it has held that lead for over 100 years. The world superpowers that came before it was most notably colonial empires, with the France Britain and the Netherlands all extracting a vast majority of their wealth from foreign colonies that they used to mine natural resources or grow tea and spices to bring back home. Incidentally, the United States was once one of these colonies, but it had a bit of a rebellious streak and claimed independence to go an to become a majorly powerful nation in its own right. The nation was born with the memories of empire and what it meant to be a colony, so it ultimately walked a different path to prosperity. In this video, part two of a serious on the economy of the United States we will look at America’s take on its own global empire. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the U.S.A? We recommend reading "An Empire of Wealth: The Epic History of American Economic Power", by John Gordon 👉 https://amzn.to/3f4ItS8 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #USA #GlobalEmpire #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - McCusker, J.J., and Menard, R.R., 2014. The Economy of British America, 1607-1789 Katz, S.N., 1976. Thomas Jefferson and the right to property in revolutionary America. The Journal of Law and Economics, 19 Teich, M., Porter, R., and Gustafsson, B. eds., 1996. The industrial revolution in national context: Europe and the USA. Cambridge University Press. Taylor, L., Proano, C.R., de Carvalho, L., and Barbosa, N., 2012. Fiscal deficits, economic growth, and government debt in the USA. Cambridge Journal of Economics, 36(1), pp.189-204. Morriss, A.P., and Nard, C.A., 2011. Institutional Choice & Interest Groups in the Development of American Patent Law: 1790–1865. Supreme Court Economic Review De Haan, J. and Siermann, C.L., 1996. New evidence on the relationship between democracy and economic growth. Public Choice, 86 Bergsten, C.F., Horst, T., and Moran, T.H., 1978. American multinationals and American interests. Washington, DC. Hines Jr, J.R., 1994. No place like home: tax incentives and the location of R&D by American multinationals. Tax policy and the economy. Music: "AMERICA, **** YEAH! Piano Tutorial" - youtube.com/watch?v=wBM7O4emjnE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Netherlands, a fine country of flowers, windmills, and loose regulations around the finer things in life. This country is in many ways like a lot of very developed European economies we have explored earlier on the channel, very high living standards, good social mobility a strong economy and healthy inequality but the Netherlands hides a bit of a secret behind its lovely flowerful smile, it is one of the largest tax havens in the world. But how does this make any sense? The Netherlands has a high-income tax rate of over 50% for top earners and a corporate tax rate of 25%. And there are not even particularly strict laws around things like banking privacy (like there are in countries like Switzerland) ... so if all of this is making the Netherlands sound like a pretty terrible tax haven all in all, why is it so popular? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the Netherlands? We recommend reading "Tulipomania: The Story of the World's Most Coveted Flower & the Extraordinary Passions It Aroused", by Mike Dash 👉 https://amzn.to/2YiHGX9 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Netherlands #TaxHaven #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Loomis, S.C., 2011. The double Irish sandwich: Reforming overseas tax havens Thorne, D., 2013. The Double Irish and Dutch Sandwich tax strategies: Could a general anti-avoidance rule counteract the problems caused by the utilization of these structures?. Brothers, J.P., 2014. From the Double Irish to the Bermuda Triangle. Tax Analysts Van Dijk, M., Weyzig, F., and Murphy, R., 2006. The Netherlands: a tax haven? Weyzig, F., 2013. Tax treaty shopping: structural determinants of Foreign Direct Investment routed through the Netherlands. International Tax and Public Finance Gordon, R.A., 1981. Tax havens and their use by United States taxpayers-An overview. Intertax Double Irish Dutch Sandwhich: archive.nytimes.com/www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The United States of America, the wealthiest, most powerful nation on the planet by a very respectable margin. The sheer scale of the united states wealth and influence is really really hard to fathom, even for macro-economists, sure there are GDP figures, trade balances and labor force figures, but they are best for telling the story of a normal national economy, and the United States are far from that, its consumer retail sector is bigger than all but 9 of the largest national economies in the world, California, one of its states has a bigger GDP figure than the united kingdom and the US has fifty states. The U.S. economy goes beyond this though, it is the foundation for the world economy in the 20th and 21st centuries, and this influence isn’t caused by something so old fashioned as an empire, but rather industry. Today US companies can be seen dominating industries in economies all over the world, and at the same time, foreign companies from Europe and Asia fight endlessly to break into the US market, the largest and most influential consumer market in the world. The U.S. economy is too large with too many facets to explore in a single video, so this will be made as a video series but for now, in this video, I want to explore how the United States of America got to where it is today. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of the U.S.A? We recommend reading "An Empire of Wealth: The Epic History of American Economic Power", by John Gordon 👉 https://amzn.to/3f4ItS8 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #America #Monolithic #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - McCusker, J.J., and Menard, R.R., 2014. The Economy of British America, 1607-1789 Katz, S.N., 1976. Thomas Jefferson and the right to property in revolutionary America. The Journal of Law and Economics, 19 Teich, M., Porter, R. and Gustafsson, B. eds., 1996. The industrial revolution in national context: Europe and the USA. Cambridge University Press. Taylor, L., Proano, C.R., de Carvalho, L. and Barbosa, N., 2012. Fiscal deficits, economic growth and government debt in the USA. Cambridge Journal of Economics, 36(1), pp.189-204. Morriss, A.P. and Nard, C.A., 2011. Institutional Choice & Interest Groups in the Development of American Patent Law: 1790–1865. Supreme Court Economic Review De Haan, J. and Siermann, C.L., 1996. New evidence on the relationship between democracy and economic growth. Public Choice, 86 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The New York Stock Exchange is the world's largest and most liquid securities market. It's where many of world's largest companies list their shares to be traded amongst millions of investors worldwide; ranging from small individual investors to major financial institutions and governments. But the NYSE isn't the only exchange. In fact, there are hundreds of exchanges around the world that also work to raise capital for corporations. And while you're probably familiar with the classic imagery of loud bombastic traders in bright uniforms when you think of stock exchanges, the reality is quite different. The age of the automated trading machines is upon us and most trades executed today aren't coming from humans but rather algorithmic trading machines. These computer algorithms (or "algos") come in all sorts of shapes and sizes. But the most controversial of all is known as "high-frequency trading" or "HFT". ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about HFTs? We recommend reading "High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems", by Irene Aldridge 👉 https://amzn.to/37kIpv6 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #NYSE #Trading #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Brogaard, J., Hendershott, T. and Riordan, R., 2014. High-frequency trading and price discovery. The Review of Financial Studies, 27 Kirilenko, A., Kyle, A.S., Samadi, M. and Tuzun, T., 2017. The flash crash: High‐frequency trading in an electronic market. The Journal of Finance Brogaard, J., 2010. High frequency trading and its impact on market quality. Northwestern University Kellogg School of Management Working Paper Carrion, A., 2013. Very fast money: High-frequency trading on the NASDAQ. Journal of Financial Markets, Golub, A., Keane, J. and Poon, S.H., 2012. High frequency trading and mini flash crashes Paddrik, M., Hayes, R., Todd, A., Yang, S., Beling, P. and Scherer, W., 2012, March. An agent based model of the E-Mini S&P 500 applied to Flash Crash analysis. In 2012 IEEE Conference on Computational Intelligence for Financial Engineering & Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Q&A on Bernie Sanders Video Discord link - https://discord.gg/ps3V2Gd ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Global warming is something that threatens to impact us all: both environmentally (with the loss of natural marvels such as the great barrier reef) and economically. But humans aren't actually contributing as significantly as you may think to global warming. In fact, the vast majority of the world's population lives a relatively low-carbon emission lifestyle compared to "the developed world". Yet, ironically, the world's poorest citizens are the ones most likely to be impacted by the potential byproducts of a warmer planet. In this video, let's explore the economic impacts of climate change – both in terms of its potential consequences and the feasibility of available solutions. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of climate change? We recommend reading "The Climate Casino: Risk, Uncertainty, and Economics for a Warming World ", by William Nordhaus 👉 https://amzn.to/37kQRdO (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #ClimateChange #GlobalWarming #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Okereke, C., 2007. An exploration of motivations, drivers, and barriers to carbon management: The UK FTSE 100. European Management Journal. Dr. Paul Griffin 2017. "The Carbon Majors Database CDP Carbon Majors Report" "100 fossil fuel producers and nearly 1 trillion tonnes of greenhouse gas emissions" Climate Accountability Institute. Change, I.C., 2014. Mitigation of climate change. Contribution of Working Group III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change. Zenghelis, D., 2006. Stern Review: The economics of climate change. London, England: HM Treasury. Fankhauser, S., 2013. Valuing climate change: the economics of the greenhouse. Routledge. Burke, M., Craxton, M., Kolstad, C.D., Onda, C., Allcott, H., Baker, E., Barrage, L., Carson, R., Gillingham, K., Graff-Zivin, J. and Greenstone, M., 2016. Opportunities for advances in climate change economics. Science. Metcalf, G.E., 2009. Designing a carbon tax to reduce US greenhouse gas emissions. Review of Environmental Economics and Policy. Hassett, K.A., Mathur, A., and Metcalf, G.E., 2009. The incidence of a US carbon tax: A lifetime and regional analysis. The Energy Journal. Heal, G., 2009. The economics of renewable energy (No. w15081). National Bureau of Economic Research. Mathews, J.A., and Tan, H., 2014. Economics: Manufacture renewables to build energy security. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Singapore, a city-state nation just off the coast of Malaysia it is one of the most praised and highly regarded economies amongst the business community in the world. It was up until recently ranked by the world bank as the easiest country in the world to conduct business, but it has recently been usurped by new Zealand of all places so make of that what you will. Even been content with its silver medal though Singapore has made itself a central home of finance, business, and trade for all of southeast Asia which is remarkable considering it is a nation without much in the way of land, resources, or even a particularly large population. Singapore has obviously had some advantages, it was in the right place a the right time both economically and geographically to capitalize on the growth of Asia as a global region of trade. But prosperity wouldn’t have just happened to a small little spit of land off the coast of Malaysia with very little in the way of arable land or natural resources. It did the right things to ensure it was the go-to a middleman for as much as it could be a part of in the region by developing the right mix of the right economic policies and not containing itself to one ideology to dictate the direction of the entire nation. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Singapore? We recommend reading "From Third World to First: The Singapore Story - 1965-2000", by Lee Kuan Yew 👉 https://amzn.to/2BErdon (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Singapore #Malaysia #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Tremewan, C., 2016. The political economy of social control in Singapore. Springer. Krause, L.B., Koh, A.T., and Tsao, Y.L., 1990. The Singapore economy reconsidered Mirza, H., 2011. Multinationals and the Growth of the Singapore Economy. Routledge. Chiu, S.W.K., 2018. City states in the global economy: Industrial restructuring in Hong Kong and Singapore. Routledge. Chang, Y. and Wong, J.F., 2003. Oil price fluctuations and the Singapore economy. Energy policy Tan, K.P. ed., 2007. Renaissance Singapore? Economy, Culture, and Politics: Economy, Culture, and Politics. NUS Press. Fletcher, M.E., 1958. The Suez Canal and world shipping, 1869-1914. The Journal of Economic History Ezzat, A.M., 2016. Sustainable development of seaport cities through the circular economy: A comparative study with implications to Suez Canal corridor project. European Journal of Sustainable Development ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Venezuela. Once the richest country in all of Latin America, it is now home to the single greatest economic downturn for a country in modern history. In terms of countries that had it easy, Venezuela, by all counts, should be at the top of the list. It's home to the largest oil deposits in the world – easily beating out the typical oil giants like Saudi Arabia, Kuwait, and the United Arab eremites ... but they squandered it. A lot has been said about the political issues surrounding the downfall of Venezuela, and don’t get me wrong there have been plenty of political issues, but in this video, we will just focus on the fundamental economics behind Venezuela's unprecedented rise and its devastating fall. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Venezuela #Socialism #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Weisbrot, M. and Sandoval, L., 2007. The Venezuelan economy in the Chávez years. Washington, DC: Center for Economic and Policy Research. Boué, J.C., 1993. Venezuela: the political economy of oil. Castillo, A.D.M., 2017. The Venezuelan State intervention in Economy (1936-2016), scope and limits. Economía Allcott, H. and Keniston, D., 2017. Dutch disease or agglomeration? The local economic effects of natural resource booms in modern America. The Review of Economic Studies Roemer, M., 2015, May. 11 DUTCH DISEASE IN DEVELOPING COUNTRIES: SWALLOWING BITTER MEDICINE. In The Primary Sector in Economic Development Buxton, J., 2018. The failure of political reform in Venezuela. Routledge. Corrales, J., 1997. Do economic crises contribute to economic reform? Argentina and Venezuela in the 1990s ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Canada, a highly advanced first world country blessed with an abundance of natural resources and polite people. This nation is often a side though when compared to its far more influential and much louder brother to the south, but Canada is an extremely important economy in its own rights with a few key contributors that make it truly unique in the western hemisphere. For starters, it is a commonwealth country meaning that while it is a free and independent state, it still takes a lot of its lessons from its mother back across the Atlantic ocean. The nation is also blessed and cursed by its own geography and anther issue worth exploring is the love/hate relationship that Canada has had with skilled immigration in the past decades. In this video, we'll explore the issues facing Canada and look respectively at how they are the perfect case study for the world as a whole. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Canada? We recommend reading "Canada, The Greatest Economy In The World?: The Facts You Are Not Being Told About Your Money. And How To Protect Yourself From The Coming Crises (Economic World Overview Book 1)", by John Sneisen 👉 https://amzn.to/2XHZo7l (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Canada #Economics #Explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Hiebert, D., 2006. Winning, losing, and still playing the game: The political economy of immigration in Canada Head, K. and Ries, J., 1998. Immigration and trade creation: econometric evidence from Canada. Canadian journal of economics Haley, S., Klick, M., Szymoniak, N. and Crow, A., 2011. Observing trends and assessing data for Arctic mining. Polar Geography Russell, P.L., 1990. Oil Shales of the World: Their Origin, Occurrence, and Exploitation Trefler, D., 2004. The long and short of the Canada-US free trade agreement. American Economic Review Granatstein, J.L., 2004. Who killed the Canadian military?. Toronto Faini, R., 2005. Migration, remittances and growth. In Poverty, International Migration and Asylum Docquier, F. and Lodigiani, E., 2010. Skilled migration and business networks. Open Economies Review ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In July of 2009, The Central Bank of Sweden lowered its overnight deposit rate to negative 0.25% – effectively charging the country's retail banks to pay it to look after its money. At the turn of the millennia, negative interest rates were somewhat of an economic fantasy: the same way that light-speed travel is a fantasy for theoretical physicists. Economists had speculated about what negative interest rates would mean, but nobody actually ever expected this phenomenon to exist in the real world. Today, negative interest rates dominate the market for sovereign bonds and are the staple of many central banks. But how in the world does this make sense? Who in their right mind would pay someone to take their money? ... all this and more in today's episode! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about interest rates? We recommend reading "Interest Rate Markets: A Practical Approach to Fixed Income", by Siddhartha Jha 👉 https://amzn.to/37deTXR (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #CentralBank #Sweden #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Buiter, W.H., and Panigirtzoglou, N., 2003. Overcoming the zero bound on nominal interest rates with negative interest on currency: Gesell's solution. The economic journal Ilgmann, C., and Menner, M., 2011. Negative nominal interest rates: history and current proposals. International Economics and Economic Policy Rognlie, M., 2016. What lower bound? Monetary policy with negative interest rates Bech, M.L., and Malkhozov, A., 2016. How have central banks implemented negative policy rates?. BIS Quarterly Review Scheiber, T., Silgoner, M., and Stern, C., 2016. The development of bank profitability in Denmark, Sweden and Switzerland during a period of ultra-low and negative interest rates Danthine, J.P., 2018. Negative interest rates in Switzerland: what have we learned? Pacific Economic Review ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Trump. A man who needs no introduction. Today, let's look exclusively at President Trump's economic policies, go over their quirks and features, and more! Trump is one of the few candidates we can actually talk about so early in this election cycle because, of course, he is the incumbent president. So, we don’t have to speculate about his promised economic policies. We can actually look directly at the policies that he has already enacted. Trump’s policies are quite notable in two distinct fields where he has taken relatively assertive action, foreign, and domestic economics. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Donald Trump? We recommend reading "Trump: The Art of the Deal", by Donald Trump and Tony Schwartz 👉 https://amzn.to/2MDmV2S (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Trump #USA #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Rodrik, D., 2018. Populism and the Economics of Globalization. Journal of International Business Policy Auerback, M., 2017. Explaining the rise of Donald Trump. Real-world Economics Review Lordkipanidze, R., 2019. Experiment Findings: How Reasonably Caring State Economic Policy Affects on Markets (Examples of Donald Trump and George W. Bush). Tbilisi, Charity Partnership for Free Epochal Reserchgate Boak, Josh (August 6, 2018). "Jobs boom favors Democratic counties, not Trump strongholds". Associated Press. Retrieved August 7, 2018 Horsley, Scott (May 22, 2019). "Many Are Replacing Disability Checks With Paychecks Tax Cuts Still Don't Seem to Be Helping Workers" – via www.bloomberg.com China blasts Trump's new trade tariffs". CNNMoney. January 23, 2018. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Westeros: the fictional nation that is home to a majority of the story of Game of Thrones, an ongoing book series, and wildly popular TV show. For the sake of this video, we'll attempt to put to the side that Westeros is very obviously middle ages England and Essos (the other land featured prominently in the story) is based on Europe and Mediterranean nations around the turn of the renascence. This was obviously an inspiration for George RR Martin, but the writer has gone beyond that and interlaced curiosities from many historic economies into a world that adds a layer of complexity and realism that isn’t present in typical fantasy stories of the genre. So, let's explore how they work together and add to the narrative that drives The Game of Thrones. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Westeros #GameOfThrones #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Larrington, C., 2017. Winter is coming: The medieval world of Game of Thrones. Bloomsbury Publishing. Kar, D., Fang, F., Delle Fave, F., Sintov, N., and Tambe, M., 2015, May. A game of thrones: when human behavior models compete in repeated stackelberg security games. In Proceedings of the 2015 International Conference on Autonomous Agents and Multiagent Systems (pp. 1381-1390). International Foundation for Autonomous Agents and Multiagent Systems. Postan, M.M., 1973. The medieval economy and society: an economic history of Britain. Univ of California Press. Greif, A., 2006. Institutions and the path to the modern economy: Lessons from medieval trade. Cambridge University Press. Music - Game of Thrones Theme (Piano Cover) Music Link - youtube.com/watch?v=yZGBxiNPu3k ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The world of cryptocurrency began as little more than an experiment in computer engineering circles and has since evolved into (arguably) the most dynamic and volatile asset class ever conceived. In today's video, let's approach the topic of cryptocurrencies pragmatically and how they fit into the world of investments. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of Bitcoin? We recommend "The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them", by Antony Lewis 👉 https://amzn.to/3f72esv (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Cryto #Currency #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - White, L.H., 2015. The market for cryptocurrencies. Cato J. Antonopoulos, A.M., 2014. Mastering Bitcoin: unlocking digital cryptocurrencies. " O'Reilly Media, Inc. Bech, M.L., and Garratt, R., 2017. Central bank cryptocurrencies. BIS Quarterly Review September. Narayanan, Arvind; Bonneau, Joseph; Felten, Edward; Miller, Andrew; Goldfeder, Steven (2016). Bitcoin and cryptocurrency technologies: a comprehensive introduction. Princeton: Princeton University Press. Roberts, Jeff John (9 July 2018). "Another Crypto Fail: Hackers Steal $23.5 Million from Token Service Bancor. Sagona-Stophel, Katherine."Bitcoin 101 white paper". ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The foreign currency exchange market is one of the most influential markets in the world today, the New York stock exchange, the Nasdaq and the Tokyo stock exchange the three largest securities markets in the world have a daily trading volume of around 300 billion USD combined… the foreign exchange market has a daily trading volume of around 6.6 trillion dollars per day according to the Bank for International Settlements (which is basically the central bank for central banks). This daily figure is more than the annual GDP of all but two of the largest nations on earth, China and the USA. Well, in this video I want to explore three things: Why is the foreign exchange market so large and influential? Who actually conducts these trades and how? And while we are at it why is it that the UK pound is so valuable compared to all other currencies? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about foreign exchange? We recommend reading "The Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market (Wiley Trading)", by Brent Donnelly 👉 https://amzn.to/2Ygmpx3 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #ForeignExchange #NYSE #Currency ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Kurt Schuler and Andrew Rosenberg, The Bretton Woods Transcripts Dominguez, K. and Frankel, J.A., 1990. Does foreign exchange intervention work?. Peterson Institute Press: All Books. Rodrik, D., 2006. The social cost of foreign exchange reserves. International Economic Journal Cavallino, P., 2019. Capital flows and foreign exchange intervention. American Economic Journal: Macroeconomics, 11 Global imbalances and destabilizing speculation (2007), UNCTAD Trade and development report 2007 RC Smith, I Walter, G DeLong – Global Banking Oxford University Press Foreign Exchange Control in China: First Edition (Asia Business Law Series Volume 4) Kluwer Law International, 2004 The $4 trillion question: what explains FX growth since the 2007 survey?, the Bank for International Settlements Music - Beethoven - Moonlight Sonata (Piano Cover) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Andrew Yang: a tech entrepreneur and a bit of a surprise underdog democratic candidate for the U.S. presidency. And while it's true that this channel avoids politics at all costs, EE is not politically advocating for (or against) Andrew Yang or any of the other candidates discussed between now and the 2020 election. And we'll not be looking at Yang as a candidate beyond his economic policies. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Andrew Yang? We recommend reading "The War on Normal People", by Andrew Yang 👉 https://amzn.to/30mlX39 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #Yang #UBI #YangGang ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - "Andrew Yang Fast Facts". CNN. August 28, 2019. Archived from the original on August 29, 2019. Yang, Andrew (October 21, 2014). "The US should include entrepreneurs in its definition of service". Quartz. "Andrew Yang: Being the free-money guy won't hurt me". USA Today. September 19, 2019 Feng, Zhaoyin (September 29, 2019). "The 'Asian math guy' trying to be next US president". BBC Goldsmith, Scott. "The Surprising Surge of Andrew Yang". Politico Magazine. Politico Magazine. Reed, H. and Lansley, S., 2016. Universal Basic Income: An idea whose time has come?. London: Compass. Hoynes, H.W. and Rothstein, J., 2019. Universal basic income in the US and advanced countries (No. w25538). National Bureau of Economic Research. Berry, J.M., 2015. Lobbying for the people: The political behavior of public interest groups. Princeton University Press. Holyoke, T.T., 2018. Interest groups and lobbying: pursuing political interests in America. Routledge. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Switzerland, an extremely beautiful landlocked country in the heart of Europe, this picturesque nation is home to one of the most advanced economies in the world. When ignoring micronations like Monaco or Lichtenstein, Switzerland is one of only two countries in the world that has a nominal GDP above $80,000 USD per capita. The Swiss are a little bit different though, other wealthy nations like Norway were typically blessed by a treasure trove of natural resources Switzerland did not have this. It was also lacking a lot of other key ingredients that contribute heavily to most successful countries, it did not have open access to an ocean for international trade, it did not have a particularly competitive cheap labor market, it did not have terrain that made building productive infrastructure particularly easy and it didn’t even have a population that could agree on what language to speak. So what was its secret then, how did this nation obtain such tremendous wealth while seemingly been at such a huge disadvantage. In this video, we will attempt to find out by looking beyond just the simple facts and figures that make for strong economies. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Switzerland? We recommend reading "Swiss Made: The Untold Story Behind Switzerland's Success", by James Breiding 👉 https://amzn.to/2ASVnDW (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Switzerland #Europe #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Katzenstein, P.J., 1980. Capitalism in one country? Switzerland in the international economy. International Organization Rudolf, B. and Zurlinden, M., 2014. A compact open economy DSGE model for Switzerland. Swiss National Bank Economic Studies Stahel, W.R., 2016. The circular economy. Nature News Park, J.K., Ryu, D. and Lee, K., 2019. What determines the economic size of a nation in the world: Determinants of a nation’s share in world GDP vs. per capita GDP. Structural Change and Economic Dynamics "World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Ease of Doing Business in Switzerland". Doingbusiness.org. "People at risk of poverty or social exclusion". ec.europa.eu. Eurostat. World Bank Country and Lending Groups". datahelpdesk.worldbank.org ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Runescape: one of the oldest and most involved massively multiplayer online role-playing games in existence. The game has been played by millions around the world but for those of you familiar to the channel you know we are not here for the gameplay or the mad early 2000’s style graphics, we are here for the economy. And oh boy does Runescape have an amazing economy. In this video, we'll explore the nuances of this economy and also look at an academic paper submitted by a channel viewer on this incredible virtual economy. Enjoy! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #Runescape #MMO #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Bilir, T.E., 2009. Real economics in virtual worlds: A massively multiplayer online game case study: Runescape. Available at SSRN 1655084. Yang, R., 2012. The Personal and Economic Utility of Virtual World Bots: A Defense for Fair Use. Ariz. St. U. Sports & Ent. LJ Channel Viewer's Paper - drive.google.com/open?id=18eLXzY5KrhiReugXG_HofCTKMm0eyM6h ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ India is soon to be home to the largest population of citizens on the planet. And as of 2014, the nation will also hold the title of the fastest-growing major economy in the world (stealing the title from the slower-growing economy of China). This country has had an amazing journey to get to where it is today. And with the right political governance, it's very likely to become one of the world's most powerful economies very soon. But, it's not quite there yet. And in GDP terms, India's collective economy is still smaller than that of California. And while poverty is a very prevalent problem, India's certainly on the up and up. Throughout the past two decades, it has seen unbelievable levels of growth that has, among other things, pulled hundreds of millions of its citizens out of poverty. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of India? We recommend reading "RESET: Regaining India’s Economic Legacy", by Subramanian Swamy 👉 https://amzn.to/2BEfK8j (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #India #Superpower #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Dreze, J. and Sen, A., 1999. India: Economic development and social opportunity Tomlinson, B.R., 1979. The political economy of the Raj, 1914-1947: The economics of decolonization in India World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019. World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019. Bose, S. and Jalal, A., 2017. Modern South Asia: history, culture, political economy "Human Development Report 2018". United Nations Development Program. Retrieved 23 September 2018. Wiener, M., 2015. State politics in India (Vol. 2370). Princeton University Press. Cassen, R., 2016. India: population, economy, society. Springer. Griffiths, P., 2019. The British Impact on India. Routledge. Drèze, J. and Sen, A., 2015. An uncertain glory: India and its contradictions. Music: Sage ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ North Korea, the most closed-off country on earth. This Asian nation is often the center of intense scrutiny for its aggressive displays of militarism, its internationally condemned nuclear program, and of course its oppressive government dictatorship. A 2014 report by the united nations concluded that the gravity, scale, and nature of these human rights violations does not have any parallel In the contemporary world. What they are ashamed of though, is something that all these media spectacles help to distract from and that is their incredibly small and pathetic economy. Beyond the dramatic chest-beating and despite all of the opportunities this country has been given it has dwindled into complete economic obscurity and in this video we are going to explore why. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about North Korea? We recommend reading "Nothing to Envy: Ordinary Lives in North Korea", by Barbara Demick 👉 https://amzn.to/3cL6ITK (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #NorthKorea #KimJungUn #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Haggard, S. and Noland, M., 2010. Sanctioning North Korea: The political economy of denuclearization and proliferation. Asian Survey Gray, K. and Lee, J.W., 2017. Following in China's footsteps? The political economy of North Korean reform. The Pacific Review Noland, M., 1997. Why North Korea will muddle through. Foreign Affairs Kim, J.C., 2006. The political economy of Chinese investment in North Korea: a preliminary assessment. Asian Survey Ampson, S.L., 1987. The second economy of the Soviet Union and Eastern Europe. The Annals of the American Academy of Political and Social Science Music - Star Citizen Soundtrack - First Light by Pedro Camacho ft Julie Elven - https://www.youtube.com/watch?v=bKnXxICFT1I ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Monaco is the wealthiest nation in the world per capita. It's also the country with by far the highest average age of citizens. It has the highest cost of land of any country in the world, it pretty much breaks any kind of list you want to make ranking countries cause you can pretty much bet that this 2 square kilometer spit of land off the south of France is going to win any economic top ten list out there. So, what is really going on with the economy of Monaco? Most people know it as a playground for the rich and famous, a parking garage for superyachts, a glorified formula 1 track, a country built around a casino, and above all else, a tax haven. But is this criticism really fair? ... let's explore in today's video! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economy of Monaco? We recommend reading "Making Monte Carlo: A History of Speculation and Spectacle", by Mark Braude 👉 https://amzn.to/37dCNCy (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Monaco #Economics #France ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Multi-Level-Marketing (MLM) companies are big businesses around the world and they have rightfully attracted much criticism for questionable business practice. Many have called them illegal pyramid schemes, but today these companies continue to operate in most developed countries around the world and rake in billions of dollars in profit in any given year all with the blessing of local trade authorities. So, what are these businesses? Let's park personal opinions on how annoying it is to be roped into one of these MLM meetings for the moment and assess the fundamental economics behind this business model. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #MLM #PyramidScheme #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Music: Babylon Disco - Ultralounge ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Star Citizen: possibly the most ambitious virtual world in video game history. Star Citizens' story has been that of bold ambition, record-breaking community support, and yes ... even a bit of good old-fashioned frustration. In this video, we'll explore crowdfunding, the video game industry, and a project that may prove to be the greatest video game in history. Enjoy! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #StarCitizen #MMO #Economy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ As of the time of this writing, there are between 186 and 192 countries in the world (depending on who you ask). In this less-than-serious video, let's take a look at the 50 largest nations and see what makes their economies tick. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #Top50 #World #Economy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In this video, we explore Titans the biggest ships in the game and how industrial superpowers have built them on a massive scale. Additionally, we'll also check out a project so monolithic in its scale of player involvement that it surpasses any other project in video game history. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Music - youtube.com/watch?v=bbcsz8sb7Cg Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #EVE #CCP #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Japan became the first of the modern Asian countries to experience massive sustained economic growth. Japan had a lot going for it after the end of the war, it was able to rebuild with the help of the allies and go through its own modern industrial revolution. In the 1960s, Japan was growing at a rate of 10% a year which for a national economy was unheard of at the time, this economic growth continued and japan was able to ride the wave of globalization as the world's low-cost manufacturer. Japan developed a huge car industry, it was at the forefront of consumer electronics and was working meticulously to make sure that this newfound wealth was being invested wisely into infrastructure like high-speed rail, airports and metro systems that would make their economy even more efficient. At its peak, there was so much wealth in japan that the real estate market of Tokyo had some pretty crazy anomalies. In the late 80’s it was estimated that the imperial palace covering an area of 3.4 square kilometers in central Tokyo had a real estate land value greater than all of the real estate in California. Of course, the imperial palace was never for sale and this was based on the cost per square feet in the area but it still should give a good idea of just how much money was washing around in Japan. In this video, we will look at how this all went so wrong and what it can tell us about countries that are today where japan was 40 years ago. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Japan? We recommend reading "The Bubble Economy: Japan's Extraordinary Speculative Boom of the '80s and the Dramatic Bust of the '90s", by Christopher Wood 👉 https://amzn.to/2UqaQlQ (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment down below! ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💵 📈 Economics Explained is brought to you by Acorns! Sign-up now and Acorns will invest $5 into your portfolio to help you get started with investing, saving, and earning with every purchase! 👉 https://acorns.com/economics-explained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsExplained #Japan #Economy #Inflation ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Hutchison, M.M., Westermann, F. and Fuest, C. eds., 2006. Japan's great stagnation: financial and monetary policy lessons for advanced economies. Mit Press. Lockwood, W.W., 2015. Economic development of Japan (Vol. 2161). Princeton University Press. Music - https://www.youtube.com/watch?v=KBeTtawWClE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EVE Online has a botting problem. Robots can be programmed to play this game for hours at a time with no rest needed. This has meant that normal players looking to play the game have been pushed to the side by these armies of robots that can farm currency far more effectively than they can. In this follow up video, we'll explore this issue and how it relates to the economy of the real world. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Music: EVE Online Soundtrack - But Still We Go On #EVE #Robots #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EVE Online is a massively multiplayer online game that is probably best known for articles about massive space battles with tens of thousands of players, or stories about in-game con men screwing over their allies after years of friendship. BUT! EVE online is interesting for a bigger reason though that is often overlooked, and that is its amazingly realistic economy. In this video, we explore one of the player nation-states and see how crazy realistic the economy of a video game about spaceships can be. This is not sponsored by the Imperium, EVE online, or its developer, CCP games (but they are more than welcome to send me a cheque!). ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #EVE #MMO #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Bill Benter, is a reserved unassuming and media-shy Pittsburg resident who made almost 1 billion dollars by gambling on horse races. The man was a mathematical genius who was on the cutting edge of both computer science and statistical modeling so it is widely assumed with his business knowledge that he could have made money just about anywhere, in a rare interview when asked about his success in horse racing he said: “I was driven only partly by money, I believe I probably could have made more money in finance, but that didn’t interest me, I didn’t get into professional horse racing because it was hard, but because it was said to be impossible” ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about Bill Benter's system? We recommend reading "Computer-Based Horse Race Handicapping and Wagering Systems", by Bill Benter and William Benter 👉 https://amzn.to/2YfXo5d (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #BillBenter #HongKong #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Kit Chellel "The Gambler Who Cracked the Horse-Racing Code" Bloomberg Business Snyder, W.W., 1978. Horse racing: Testing the efficient markets model. The Journal of finance, 33(4), pp.1109-1118. Williams, J. and Li, Y., 2008. A case study using neural networks algorithms: Horse racing predictions in Jamaica. In Proceedings of the International Conference on Artificial Intelligence (ICAI 2008) (pp. 16-22). CSREA Press. Edelman, D., 2005. A competitive horse-race handicapping algorithm based on analysis of covariance. In The economics of gambling (pp. 122-129). Routledge. Chou, K.P., 2007. Hong Kong and Macau under one country, two systems. In Interpreting China's Development (pp. 67-71). ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Democratic Republic of the Congo is the world's poorest country, with a large majority of its 70 million citizens living in absolute poverty. For a long time, poverty in Africa has been seen as a purely humanitarian issue. But could the answer just be good economic management? Unfortunately, this is a situation with a very clear solution that is impossibly hard to attain. Poverty is a tough issue to deal with, but in this video, we'll attempt to explore some of the fundamental causes of this poverty and see how they impact the Congo's fragile economy. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the Congo and the economics of poverty? We recommend reading "Congo: The Epic History of a People", by David Van Reybrouck 👉 https://amzn.to/3f8LOQl (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #DRC #Congo #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Nest, M.W., Grignon, F. and Kisangani, E.F., 2006. The Democratic Republic of Congo: Economic dimensions of war and peace (Vol. 53). Boulder, CO: Lynne Rienner. Clément, M.J.A., 2005. Postconflict Economics in Sub-Saharan Africa, Lessons from the Democratic Republic of the Congo. International Monetary Fund. Cingano, F., 2014. Trends in income inequality and its impact on economic growth. Benedek, D., Crivelli, E., Gupta, S. and Muthoora, P., 2014. Foreign aid and revenue: Still a crowding-out effect?. FinanzArchiv: Public Finance Analysis Zhao, F., Squires, N., Weakliam, D., Van Lerberghe, W., Soucat, A., Toure, K., Shakarishvili, G., Quain, E. and Maeda, A., 2013. Democratic Republic of the Congo». Bulletin of the World Health Organization ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The automation economy is here and it's important to understand what our future will look like in a world where we may not have the ability to work in order to provide for ourselves. We will look at what reputable economists have hypothesized our future to hold and the underlying economics behind these realities. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economics of automation? We recommend reading "The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies", by Erik Brynjolfsson and Andrew McAfee 👉 https://amzn.to/3f6Zrzc (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #Automation #AI #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economic history of Australia (and how its citizens got so rich)? We recommend reading "Why Australia Prospered: The Shifting Sources of Economic Growth (The Princeton Economic History of the Western World)", by Ian McLean 👉 https://amzn.to/2MDoI86 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Australia #Richest #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - 6291.0.55.003 Table 04: Employed persons by Industry – Trend, Seasonally adjusted, Original". Australian Bureau of Statistics. 16 March 2006. Retrieved 18 June 2006 Anthony Shorrocks; Jim Davies; Rodrigo Lluberas (October 2018). "Global Wealth Report". Credit Suisse. 10 Oct 2018 article: Global Wealth Report 2018: US and China in the lead World Economic Outlook Database. International Monetary Fund. April 2018 Household Income and Wealth, Australia, 2013–14". Australian Bureau of Statistics. 1 July 2018 Paris, C., 2017. Housing Australia. Macmillan International Higher Education. Shi, S., Valadkhani, A., Smyth, R. and Vahid, F., 2016. Dating the timeline of house price bubbles in Australian capital cities. Economic Record Nassios, J., Giesecke, J.A., Dixon, P.B. and Rimmer, M.T., 2019. Mandated superannuation contributions and the structure of the financial sector in Australia. Journal of Policy Modeling. Mees, B. and Smith, S.A., 2019. Corporate governance reform in Australia: a new institutional approach. British Journal of Management O'faircheallaigh, C., 2017. Mining and development: foreign-financed mines in Australia, Ireland, Papua New Guinea and Zambia. Routledge. Battellino, R., 2010. Mining booms and the Australian economy. RBA Bulletin, March Music: Babylon - Disco Ultralounge by Kevin MacLeod is licensed under a Creative Commons Attribution license: creativecommons.org/licenses/by/4.0 Source: incompetech.com/music/royalty-free/index.html?isrc=USUAN1100314 Artist: incompetech.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Norway's Economy has been used as the poster child for a socialist mixed economy done right? Is it really the perfect economy or just another country that won the oil lottery? 📚 Want to learn more about Norway's economy? We recommend reading "Viking Economics: How the Scandinavians Got It Right-and How We Can, Too ", by George Lakey 👉 https://amzn.to/2Uo9Oa9 (as an Amazon Associate, we earn from qualifying purchases) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... Discord → https://discord.gg/MJGcTH6 #Norway #Economics #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Hellevik, O., 2003. Economy, values and happiness in Norway. Journal of Happiness Studies, 4(3) Klein, L.R., 1948. Planned Economy in Norway. The American Economic Review, 38(5), Richardson, B.J., 2011. Sovereign wealth funds and the quest for sustainability: insights from Norway and New Zealand. NJCL, p.i. Backer, L.C., 2009. Sovereign wealth funds as regulatory chameleons: The Norwegian sovereign wealth funds and public global governance through private global investment. Geo. J. Int'l L Andreß, H.J. and Heien, T., 2001. Four worlds of welfare state attitudes? A comparison of Germany, Norway, and the United States. European Sociological Review Music: Brandenburg Concerto No4-1 BWV1049 - Classical Whimsical by Kevin MacLeod is licensed under a Creative Commons Attribution license ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas