Economics Explained

Economics Explained

  • 17 minutes 15 seconds
    The Broken Economy of Washington DC

    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.

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    14 October 2024, 1:00 pm
  • 15 minutes 53 seconds
    How Elections Damage the Economy

    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.

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    7 October 2024, 3:43 pm
  • 17 minutes 4 seconds
    Egypt's Wasted Potential

    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?

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    30 September 2024, 1:00 pm
  • 16 minutes 39 seconds
    Does Switzerland Deserve to Be the Richest Economy in the World?

    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.

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    23 September 2024, 1:00 pm
  • 15 minutes 45 seconds
    How Chinese Industry Got Too Good Too Fast

    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.

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    13 September 2024, 1:00 pm
  • 16 minutes 4 seconds
    Has The Gulf Mega Finance Experiment Failed?

    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?







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    6 September 2024, 1:00 pm
  • 17 minutes
    Could Thailand Reshape Asia Despite Its Chronic Instability?

    Thailand has faced decades of political turmoil, but its economy has continued to grow, defying the odds. Strategically located and driven by strong industries, Thailand has managed to navigate through coups and crises. However, with ongoing challenges, can Thailand continue its upward trajectory and secure its place as a leading economy in Southeast Asia?

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    26 August 2024, 1:00 pm
  • 17 minutes 42 seconds
    The Most Mismanaged Economy in the World

    Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from potential powerhouse to 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.

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    23 August 2024, 1:00 pm
  • 17 minutes 57 seconds
    Spain Was a Warning

    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 ended the debt-fueled expansion abruptly. 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?

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    9 August 2024, 1:00 pm
  • 17 minutes 11 seconds
    Brazil Should Be a Superpower, but It Isn’t...

    2016 was supposed to mark Brazil's rise as an economic superpower. The country saw rapid growth in industries, surpassing India and Italy, and nearing France and the UK in economic output. Improvements in healthcare, education, and political stability painted a promising picture.

    But by 2016, the dream was shattered. The Rio Olympics, intended to showcase Brazil's success, became a global embarrassment. Delayed construction, waste-filled arenas, and the event's high costs bankrupted the city, leading to strikes by unpaid public servants. Instead of highlighting achievements, the Olympics exposed Brazil's challenges.

    Since its peak, Brazil's GDP has nearly halved, erasing progress made in the 2000s. Corruption scandals and political instability further hinder its recovery.

    This video explores how Brazil became a fast-growing economy, why it collapsed, and if it can reclaim its former success. Could Brazil rise again?

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    29 July 2024, 1:00 am
  • 16 minutes 54 seconds
    Do The Olympics Predict Economic Disaster?

    For decades, hosting the Olympics has been seen as a prestigious opportunity to showcase a nation's success. However, history shows that these events often coincide with economic challenges. Russia hosted the 2014 Winter Olympics, facing economic decline shortly after. Brazil's economy stagnated following the 2016 Rio Olympics, and China's growth slowed during the 2022 Winter Olympics. With France facing economic tensions ahead of its upcoming Olympics and Australia slated to host in 2032, it's worth questioning whether these prestigious events are predictors of economic downturns. Could there be a connection, and are these multi-billion dollar projects worth the risk?

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    22 July 2024, 1:00 pm
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