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Why Eritrea Might Be The Worst Economy In The World 

Economics Explained
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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.
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15 май 2024

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Комментарии : 1 тыс.   
@EconomicsExplained
@EconomicsExplained 3 месяца назад
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@interstellarsurfer
@interstellarsurfer 3 месяца назад
It can always be worse.
@phlezktravels
@phlezktravels 3 месяца назад
Gaza is worse.
@death-istic9586
@death-istic9586 3 месяца назад
Hi.
@marksmith-dn2wh
@marksmith-dn2wh 3 месяца назад
why do you shows pictures of other africans in these images when you talk about Eritrea? you do realize not every African look the same right?
@marksmith-dn2wh
@marksmith-dn2wh 3 месяца назад
plus Eritrea does not have terrible living conditions there's a lack of opportunity for citizens that's why they leave
@thedownwardmachine
@thedownwardmachine 3 месяца назад
“Things are never so bad they can’t get worse”. Both an important point to remember, and a great book about Venezuela.
@LuiStep_Music
@LuiStep_Music 3 месяца назад
As Venezuelan comedian Dr. Briceño once put it: "Counties do *NOT* hit rock bottom" 🙁
@sanelemngadi9324
@sanelemngadi9324 2 месяца назад
“It can always get worse” theon greyjoy
@DjPyro2010
@DjPyro2010 2 месяца назад
Venezuela is only bad because of the sanctions that came years after their economic collapse and only in response to political repression and human rights violations
@AnaIvanovic4ever
@AnaIvanovic4ever 3 месяца назад
You are way to positive about the "diaspora tax", it is basically extortion and relatives in Eritrea are threatened if you don't pay up. Emmigrants from poor countried already send lots of money home to loved ones.
@Irwell1878
@Irwell1878 3 месяца назад
All countries should have a diaspora tax
@tiktik-jv7hp
@tiktik-jv7hp 3 месяца назад
@@Irwell1878why should someone who moved away be forced to support a garbage country where they happened to be born
@Irwell1878
@Irwell1878 3 месяца назад
Because it's their country. Why should someone with no connection to it have to pay taxes that end up being given as foreign aid when the people born there don't even want to give back. @@tiktik-jv7hp
@eVill420
@eVill420 3 месяца назад
@@tiktik-jv7hp absolutely no reason, and their new country shouldn't approve it either
@BigPurp9
@BigPurp9 3 месяца назад
@@tiktik-jv7hpI mean tbf it depends on how it’s spent. If we know that it’ll actually go to helping your home country improve then I wouldn’t have a problem with it. But we all know it’ll largely go towards a corrupt politician sending their kid to a private US/Uk school 😞
@shinyshinythings
@shinyshinythings 3 месяца назад
About the ad: just as a public service I want to mention that these same information sources are available for free, via your public library card, if you live in the US or the UK.
@randomsomeguy156
@randomsomeguy156 3 месяца назад
Bump
@xxxBradTxxx
@xxxBradTxxx 3 месяца назад
bump
@armintargaryen9216
@armintargaryen9216 2 месяца назад
Bump
@PishTheFish
@PishTheFish 2 месяца назад
bump
@isaac1674
@isaac1674 2 месяца назад
Hump
@Slim_Thiccens
@Slim_Thiccens 3 месяца назад
"Every successful economy is successful in roughly the same way. Every economic failure is a failure in a unique way." You must be the first economist to make a casual Anna Karenina reference in a piece of detailed analysis. Certainly the first to be this slick about it. Applause
@billstrasburg384
@billstrasburg384 3 месяца назад
I disagree. The failures are almost always the exact same problem.....socialism.
@VMohdude-
@VMohdude- 3 месяца назад
@@billstrasburg384lol no
@billstrasburg384
@billstrasburg384 2 месяца назад
@@VMohdude- What a brilliant argument you bring to the debate, but you are wrong. It's always government involvement that screws everything up. Prove me wrong.
@warrenbuckley3267
@warrenbuckley3267 2 месяца назад
@@billstrasburg384 You do know every country uses socialism is some way right? You're making an extremely broad ignorant statement here, as every successful country needs SOME socialism. How else would a country afford infrastructure (e.g., roads, bridges) and services (police, fire, etc.). You seem to be coming from the typical American view of: socialism = communism, which is not correct. Of course too much government intervention (especially corrupt) is bad but so is little to no government intervention (Somalia). Like all things there needs to be a balance, too much one way or the other screws everything up.
@DjPyro2010
@DjPyro2010 2 месяца назад
@@warrenbuckley3267 How do you read "it's always government involvement when an economy fails" and interpret that as "socialism equals communism" ?
@yunakim1708
@yunakim1708 2 месяца назад
As an Eritrean, I am quite disappointed that the pictures and videos used are not the accurate representation of my country. I have watched a lot of your videos but this one was quite a letdown.
@CenarosNL
@CenarosNL 3 месяца назад
One of my neighbors is from there. He's an 80 year old man with a big grey beard that can only say 'good' in Dutch. He has the eyes of the sweetest man, that has seen it all. Love and sorrow. Around my flat there's always junk that people throw down but he is always cleaning it on his own. We can talk about politics or economics all day, but stuff comes close to home and heart, when you meet someone like this every day.
@MenkoDany
@MenkoDany 3 месяца назад
eritreans are beautiful and strong. It's a shame about their ""government"". In an ideal world they would federate with ethiopia again, I hope one day the hate will dissipate and they will live together as brothers. Or maybe the african union can transform more into something like the european union and they become closer that way, but right now it all seems like a far-fetched dream..
@CenarosNL
@CenarosNL 3 месяца назад
@@MenkoDany Yes I definitely agree. I would say this about all Eastern African people that I have met in my life. I know there are rotten apples everywhere, but personally I have only met beautiful people in my own local life that were from this region. Lets hope this vision of yours will come to fruition one day 🙏
@kzcciynk
@kzcciynk 3 месяца назад
Tbh except for Somalians other East Africans are pretty chill i love how Somalians living in the west claim how their country is so safer than USA they want to live in developed progressive countries but don’t progress their backward religious extremist mindset
@Scoreonomics
@Scoreonomics 3 месяца назад
Noice
@HolaBruv
@HolaBruv 3 месяца назад
​@MenkoDany You mean in a disastrous world We tried it you guys almost annihilated our population and identity. We are very grateful for being freed from you however the only world is for peaceful non expansive coexistence.
@samson.daniel
@samson.daniel 3 месяца назад
90% of videos and images shown here are not from Eritrea. You could have done simple search online
@baze703
@baze703 3 месяца назад
Literally no one cares. All looks the same
@samson.daniel
@samson.daniel 3 месяца назад
@@baze703 it's not the same at all. Do me a favour and check another video of Eritrea or the capital
@phoenix7756
@phoenix7756 Месяц назад
They even spelt the country wrong. Ignorance
@Iamwierdopapi
@Iamwierdopapi Месяц назад
​@@baze703😂 nice try
@emanueltekie1596
@emanueltekie1596 3 дня назад
Not Eritrean ok
@dylanevans5644
@dylanevans5644 3 месяца назад
I visited Eritrea about 10 years ago when my mother was working for VSO over there. It doesn't have many of the hallmarks of what one might consider a 'poor' country - like gangs or high crime. Nor were there people starving on the streets. They seem to mostly manage to sustain themselves off of the land. My understanding of the govt is that they are incredibly paranoid of outside influence - and with fairly good reason. Their history is one of abandoned Western promises and war. I can very highly reccomend the book "I didn't do it for you" - which is a story of their history told by an investigative journalist. A truly fascinating book. The people of the country were incredibly kind and generous and its a memory that will always stay with me.
@fightingspirit3512
@fightingspirit3512 2 месяца назад
Thank you bro. Most negative stuff about Ethiopia comes from the TPLF who use lobby groups in brussel to spread negativity about Eritrea. There has been many riots made by fake "Eritrean refugees" who originally are Ethiopians from the Tigray region members of the TPLF. We are blessed but also cursed to have these people as our neighbors
@dylanevans5644
@dylanevans5644 Месяц назад
​@@dimamatat5548 Do you have any idea what you are talking about? Or just repeating something you have read? I have been there. The police don't "watch everyone" they couldn't if they tried, the state is far too disorganised and does not have the money to maintain any kind of police-authority. Eritrea IS and oppressive state. Their forced conscription is akin to enslaving their own people and the result of that is their young men and women have left in astonishing numbers. You can likely find some reasoning for the low crime in those facts, as opposed to the "police state" idea that western politicians like to throw around with little respect to the reality of the country.
@esseyasbu5797
@esseyasbu5797 Месяц назад
Thank you for telling the truth! We Eritreans get sick and tired of those patronizing harbingers of poverty, who are masked as "human rights activists" and see themselves as the "white savors."
@jdd5886
@jdd5886 Месяц назад
Thank you for sharing these beautiful memories
@danielbarnabas2206
@danielbarnabas2206 10 дней назад
Respect telling the truth
@arcam8880
@arcam8880 3 месяца назад
If living in Turkey has taught me anything it’s that it can always get worse
@Racko.
@Racko. 2 месяца назад
I agree
@feebaysocute
@feebaysocute 2 месяца назад
My boyfriend is from Eritrea and immigrated here with his mom and siblings. They literally some of the sweetest and kindest humans I know. His mom and older sisters has been through so much but still managed to keep their hearts and minds open. They also did a stand up job raising my boyfriend 🙌🏾❤️
@jdd5886
@jdd5886 Месяц назад
Eritreans are very warm, honest, and humble people. They value family and hard work.
@DahlaKabir-ERITREA-coast
@DahlaKabir-ERITREA-coast День назад
Which country are you from? Can I date your sister if you have one?😂❤
@renerpho
@renerpho 3 месяца назад
A friend of mine came from Eritrea to Germany in 1990, as a little girl. She and her family had fled from war and poverty. Female genital mutilation was (and has been until very recently) almost universal throughout the country, and unlike her mother, she has been lucky to escape this fate. Just horrible.
@HolaBruv
@HolaBruv 3 месяца назад
Technically since 1991 it has greatly decreased to the levels of rarely done nowadays since the govt is like a Socialist one
@thenoobprincev2529
@thenoobprincev2529 3 месяца назад
Should be noted that Male Genital mutilation is also Rife in that country(a rate of almost 100%), and infact many other countries in the world. Around 1/3rd of All Men in this world globe are mutilated after birth, and Yet nobody gives two sh*ts about it for some reason.
@shauncameron8390
@shauncameron8390 3 месяца назад
@@thenoobprincev2529 Simple. Females are not supposed to suffer anything. That's reserved for males.
@baze703
@baze703 3 месяца назад
You’re bragging about draining the talent from their destitute country. It is absurd to keep this up. Basically just making poor women be mothers at no benefit to their countries so that western women can forgo their natural roles and instead work more
@IT-qb7dw
@IT-qb7dw 2 месяца назад
Fgm is over and so is the war. Eritrea is a tough country to be in. They don't allow for second chances
@Bino9898
@Bino9898 3 месяца назад
"Assuming it will be willing to give up power when it is necessary" is a laaaarge assumption
@Demopans5990
@Demopans5990 3 месяца назад
In a way, the military dictators that were in control in South Korea still did not give up total control
@solomongebrehiwet3425
@solomongebrehiwet3425 2 месяца назад
I'm Eritrean I grew up there what I didnt understand on this video is the the clips that used. Where did you get this!? All are collected from different countries. I have no question on the facts you provided, all are true and lived experiences, however your video clip doesn't tell about the society and culture it may mislead your viewers.
@solomongebrehiwet3425
@solomongebrehiwet3425 2 месяца назад
@@trussom647 the video has watched more than 400k, imagine how many of them are already misled.
@firewbekele
@firewbekele 3 дня назад
I from Ethiopia, Yes it is completely unfair. They didn't know Eritrea at all.
@defealeladia9990
@defealeladia9990 3 месяца назад
Crazy how you use videos of Nigeria for Eritrea. Moscow is closer to Paris than Lagos is to Asmara, but Africa is a country I guess.
@fuckoffgoogle8199
@fuckoffgoogle8199 3 месяца назад
There was also stock footage from the US and other countries in the world. Are you going to complain about those too?
@samiarku1176
@samiarku1176 4 дня назад
@defealeladia9990 🫡
@HolaBruv
@HolaBruv 3 месяца назад
Starts a Video saying Eritrea rarely presents videos and pictures of Eritreans. 😂Lol. Those aren't Eritreans you are showing other ppl.
@Somerandomnamex
@Somerandomnamex 2 месяца назад
Because it's completely unnecessary. This video is about the economy of Eritrea, not what the people there look like.
@HolaBruv
@HolaBruv 2 месяца назад
@Somerandomnamex Technically it is necessary or else ppl wouldn't take your research seriously since it could be just like the video. Another countries information and presented wrongfully as If it's Eritrea's.
@papaschlumpf332
@papaschlumpf332 2 месяца назад
Why did they turn Eritrea in such a shithole?
@bobjonson143
@bobjonson143 3 месяца назад
The final rateing at the end was just brutal.
@Ruzzky_Bly4t
@Ruzzky_Bly4t 3 месяца назад
Basically, it's on the same level as living in the middle ages.
@stapleman007
@stapleman007 3 месяца назад
If only the Roman Empire was still around to absorb them.
@vak1ng62
@vak1ng62 3 месяца назад
@@Ruzzky_Bly4tnot really, more like the 1930s lol
@baze703
@baze703 3 месяца назад
@@Ruzzky_Bly4tEurope during the Middle Ages was home to the most advanced civilizations to that point. Look at the architecture from the Middle Ages compared to the huts in this video
@EdT.-xt6yv
@EdT.-xt6yv 3 месяца назад
15:21 climate change effect?
@dirkembery9303
@dirkembery9303 2 месяца назад
Enjoyed the video but having lived in Eritrea for a couple of years, I noticed very little of the video footage was actually from Eritrea but Africa stereotype.
@nifemidosunmu4435
@nifemidosunmu4435 3 месяца назад
Why is there footage of Nigeria in a video about Eritrea😂😂😂
@edjohnson8017
@edjohnson8017 3 месяца назад
How are you going to get footage from a place like Eritrea tho lol
@debbyek5294
@debbyek5294 2 месяца назад
@@edjohnson8017don’t be stupid
@edjohnson8017
@edjohnson8017 2 месяца назад
@@debbyek5294 it’s a very difficult nation to enter and film and a company doing stock footage would be unlikely to go to a nation that’s that difficult and relatively small and hard to fly to. So I guess the stupid one is you.
@Afroxable
@Afroxable Месяц назад
​@@edjohnson8017so you just take footage from other countries and don't even mention it ? Lol
@edjohnson8017
@edjohnson8017 Месяц назад
@@debbyek5294 I think the stupid one is the one who thinks you can take a film crew to Eritrea
@jestinmathew4503
@jestinmathew4503 3 месяца назад
I have noticed that many people in underdeveloped and developing countries seem want their countries to become developed overnight, hence they support any draconian measure that seems to advance the country forward even though it does long term harm than good and keep whining that their country sucks and has no future. People need to understand that unless their country has large reserves of oil/gas or other high value natural resources with high global demand or becomes a tax haven, the journey to economic prosperity is a slow and steady process and mistakes in policy making is usual since mistakes are a part and parcel of life. Certain reforms and policies also take time implement and it's effects will not be seen immediately. I hope more people understand this and work with preserverance to develop their countries. No country is perfect. The people must strive to make it as perfect as possible.
@RuffinItAB
@RuffinItAB 3 месяца назад
Well that's the thing, people in these countries are often uneducated. Any politician with a modicum of charisma can come in, say something that sounds promising, and the people will hope they know what they're talking about and give them power.
@Philosophy.T
@Philosophy.T 3 месяца назад
Our problem is political not economical.
@stingman777
@stingman777 3 месяца назад
When you are starving or regularly in fear for your life, you don't have the luxury of thinking long-term.
@baddreams4368
@baddreams4368 3 месяца назад
Bruh I love my parents country of Liberia 🇱🇷, but man, It’s gonna be so hard to make progress with like a 40% adult literacy rate.
@merrymachiavelli2041
@merrymachiavelli2041 3 месяца назад
Something I always think about isn't how difficult it is for a country to highly developed, that makes sense, but how difficult it seems to be for very low income countries to even just be middle income. India, or even Kenya, is over twice as wealthy per capita as twenty-three Sub-Saharan African countries. I understand they're poor, how are they _so_ poor.
@nto779
@nto779 3 месяца назад
As someone who was born in Eritrea, it feels weird being born in one of the worst countries only to migrate to one of the best, Norway which is the country i currently live in. lucky my parents knew which country to pick.
@gabrielsilva-pl3dx
@gabrielsilva-pl3dx 3 месяца назад
Wow this is completlly extreme
@pjacobsen1000
@pjacobsen1000 3 месяца назад
I'm sure that every winter, in the middle of the cold, wet darkness, you think to yourself: At least it's not Eritrea.
@edjohnson8017
@edjohnson8017 3 месяца назад
Lucky the Norwegian government had such liberal refugee migration visas
@baze703
@baze703 3 месяца назад
Leech.
@gabagooom
@gabagooom 2 месяца назад
​@@baze703Assuming they don't pay taxes?? They seem grateful to be there so I don't see the need to make such a remark.
@DionEccles
@DionEccles 2 месяца назад
Watching from Trinidad and Tobago 🇹🇹. Can't wait to see a video on us.
@ThePanEthiopian
@ThePanEthiopian 3 месяца назад
The background footage is not even in Eritrea😂
@merlinbrother1177
@merlinbrother1177 2 месяца назад
Freedom of the press is nonexistent in that country. So materials may be hard to come by. Despots have no great like for people recording failures.
@fightingspirit3512
@fightingspirit3512 2 месяца назад
@@merlinbrother1177 There are several photos on google and videos in youtube that your can use as background foto you dont need "free press" for that.
@Zeyede_Seyum
@Zeyede_Seyum 9 дней назад
@@merlinbrother1177 You can find lots of footage from EriTV 📺
@user-qx6gp9wt9w
@user-qx6gp9wt9w 6 дней назад
I love you Eritreans you will rise and build the best economy in Africa Eritreans are smart people from your brother with lots of love from Somalia we love you Eritrea your best friend in Africa
@ermias4014
@ermias4014 2 дня назад
Right back to you. haters will say anything just pay them. Somalia 🇸🇴 the land of braves and Eritrea 🇪🇷 will rise up together ❤️.
@TheSuccessGuyPR
@TheSuccessGuyPR 3 месяца назад
Love your channel! Cheers from Puerto Rico.
@kevincronk7981
@kevincronk7981 3 месяца назад
I'm an American and grew up with Eritrean and Ethiopian Americans, just my class of 13 people in middle school probably had more Eritreans than there are North Koreans in the US. Isais's regime is terrible and still very authoritarian, but it's not North Korea, it's its own thing.
@baze703
@baze703 3 месяца назад
They should use their talents at home and not build up numbers to war w us. They waged civil war w Ethiopians for decades
@WediSoira
@WediSoira 2 месяца назад
@@baze703civil war with Ethiopia was because they illegally annexed Eritrea And committed massacres against Eritreans. They can’t use their talents back home because of conscription and other obstacles they face
@AnwarAliCodes
@AnwarAliCodes 3 месяца назад
most of the footage in this video is not of Eritrea
@TheLockerzer
@TheLockerzer 3 месяца назад
According to the internet, you’d think the worst country to live in is the USA 😂
@vincentwarrin3766
@vincentwarrin3766 3 месяца назад
5:24"Piracy is not exactly something a flourishing economy is going to be built off of" - Enter the British Empire...
@jonathan2847
@jonathan2847 3 месяца назад
The British Empire wasn't built off piracy.
@carlbates9110
@carlbates9110 3 месяца назад
Britain ruling the waves made piracy very unprofitable and very risky.
@pandusonu
@pandusonu 3 месяца назад
13:19 great use of Anna Karenina opening line
@howtoappearincompletely9739
@howtoappearincompletely9739 3 месяца назад
“Happy families are all alike; every unhappy family is unhappy in its own way.” Good catch. I didn't pick up on the reference.
@freetolook3727
@freetolook3727 3 месяца назад
Eritrea doesn't have an economy, doesn't have any natural resources, worst living conditions... But they have guns! 💥😂
@heavent883
@heavent883 Месяц назад
70% of Eritrea's land is mineral resources 50% of Eritrea's coastline is another mineral resource all African countries are like this but their government are...
@einhornwelt6571
@einhornwelt6571 7 дней назад
We give Priority to Security because we fought 30 years to be free.🇪🇷
@user-rt7gs1st6h
@user-rt7gs1st6h 4 дня назад
Eritrea has gold everywhere. We have Canadian, Chinese, and Australian mining companies already doing business. Learn about the potash discovered on the surface of the Danakil depressions. Experts has proofen this will last for the next 250 years to come.
@Reason1993
@Reason1993 3 месяца назад
There is no any footage of Eritrea in your RU-vid video This is hugely exaggerated. I don't think you know much about the country
@FernandoPerez3h.
@FernandoPerez3h. 3 месяца назад
In my opinion, Turkmenistan stands out as one of the least favorable places to reside, alongside Eritrea. This is largely due to the authoritarian rule imposing extensive restrictions and a peculiar fondness for the color white.
@amj.composer
@amj.composer 3 месяца назад
Nk?
@alexandru5369
@alexandru5369 Месяц назад
Yep, Turkmenistan, Eritrea, and North Korea are the totalitarian armpits of the world
@yousufaman1738
@yousufaman1738 2 дня назад
Pure western propaganda
@user-cn7fh3ng8u
@user-cn7fh3ng8u 3 месяца назад
You forgot to mention that Eritrea does not take loans like other African countries
@prplt
@prplt 2 месяца назад
6:46 interesting stats apparently Burkina Faso under a military junta has more free press than Mauritius or Ghana which are one of the most democratic countries in Africa? 🤯
@10xstkf
@10xstkf 3 месяца назад
as always good video. But where do you get all these footages. I have mixed feelings about them.
@samis1219
@samis1219 2 месяца назад
The footage ate not from Eritrea
@redheads604
@redheads604 3 месяца назад
the ad reminds me of that key and peele sketch, something about Thomas Jefferson....
@freeReplies
@freeReplies 3 месяца назад
Please make a video on Ghana, the country's economy is really interesting especially for the past few years. Tis is also an election year so a lot will happen which will a direct effect on the economy
@abdalhadifitouri131
@abdalhadifitouri131 2 месяца назад
Oh my god... 550 usd a year
@Kalatash
@Kalatash 3 месяца назад
I did a double take when I thought I had heard the phrase "artisanal mines" during the summary.
@WZen0
@WZen0 3 месяца назад
We have a local Eritrean food place and I can't put it any other way than him being an absolute cornerstone of the local community.
@renerpho
@renerpho 3 месяца назад
My favourite restaurant is Eritrean. Great cuisine, great people. It's a shame they're country is doing so poorly.
@baze703
@baze703 3 месяца назад
No it’s not. You’d be perfectly fine wo it
@Jeal0usJelly
@Jeal0usJelly 3 месяца назад
Please do an episode on Rwanda and whether or not it really can become Singapore of Africa
@EternalSummer-
@EternalSummer- 3 месяца назад
It can't. I'm from Singapore and most of Africa including Rwanda is more underdeveloped and unstable than Singapore in the 1970-80s which is 40-50 years ago. Singapore has come a long way since the 1980s and is less polluted than even Japan or Korea, with a higher GDP. It is also a service economy and strategic port more than an industrial powerhouse. African countries should aspire to industralise first..... Like China
@cbastien92
@cbastien92 3 месяца назад
With what? Congo natural resources? 😅🇨🇩
@cbastien92
@cbastien92 3 месяца назад
@@EternalSummer-Mauritius can but politicians are holding back for their own benefits
@cop5144
@cop5144 3 месяца назад
LOL
@hanrianangga2608
@hanrianangga2608 2 месяца назад
NEVER
@bobbyevans6910
@bobbyevans6910 3 месяца назад
Could you do an updated video on the US economy?
@andresuaza
@andresuaza 3 месяца назад
I would love to see an EE about Colombia!!!! Make a video about my country, PLEAAASEEEE??!!
@alexmancera6566
@alexmancera6566 3 месяца назад
Yessss there is so much to talk about too
@HitmiAlHitmi
@HitmiAlHitmi 2 месяца назад
Egypt nearby and their currency been free falling, yet I still see the economy sector booming. how is that possible ?
@hk254lyt8
@hk254lyt8 3 месяца назад
Do a review of the EAC
@grizzlednerd4521
@grizzlednerd4521 3 месяца назад
Taxing a countries diaspora doesn't seem to have much benefit on the diaspora itself. Essentially taxes are an arrangement for citizens to fund government services. Eritrean diaspora wouldn't seem to gain anything by being taxed for life due to where they happened to be born. To me this just seems to be an extension of the Eritrean's government's approach that their citizens owe them, rather than them being beholden to their citizens. In my opinion, citizens leaving a country SHOULD be an outcome of a totalitarian dictatorships. At least they get to vote with their feet.
@williams6206
@williams6206 3 месяца назад
This is Eritrea 🇪🇷 Proceeds to show 90% of the video not from Eritrea 🤦‍♂️
@enscade7950
@enscade7950 2 месяца назад
Yea because it’s hard to get information from closed countries
@williams6206
@williams6206 2 месяца назад
@@enscade7950Stupid response. have u watched his North Korea episode?
@YemaneGola
@YemaneGola 9 дней назад
This is a stunning admission he made up the entire narrative about Eritrea ​@@enscade7950
@coolnoob5508
@coolnoob5508 3 месяца назад
Why do I feel when we think : this could not go worse Things are put in motion beyond our control to make things intentionally worse 😢
@aarongebreslasie7677
@aarongebreslasie7677 2 месяца назад
I'm an Eritrean who used to live in there. The totalitarian regime has crumbled the country into ruins. It's really sad to witness such an isolation, when Eritrea is located in a strategic position.
@fightingspirit3512
@fightingspirit3512 2 месяца назад
You're Ethiopian not Eritrean. We know TPLF has 3000 fake accounts pretending to be Eritreans online.
@victorodulate7548
@victorodulate7548 3 месяца назад
The video clip at 8;30 is from Nigeria, and that's just not right.
@SirBenky
@SirBenky 3 месяца назад
Many of the clips are Nigerian clips
@businesseagle1
@businesseagle1 3 дня назад
As an eritrean, the most picture used in this video is not ours. But the video is all correct that is why we migrate from our beloved country. thank you!
@Roli-kh3ff
@Roli-kh3ff 3 месяца назад
Calling Eritrea the North Korea of Africa is an insult to North Korea
@user-rt7gs1st6h
@user-rt7gs1st6h 4 дня назад
You by your self is a huge insult. You are clueless about Eritrea.
@ermias4014
@ermias4014 2 дня назад
North Korea and Eritrea 🇪🇷 are not puppets for the west they stand up for themselves that is why they have been pushed out, but it is only a matter of time before they rise up.
@plasmacannon1198
@plasmacannon1198 3 месяца назад
Unpopular opinion probably but I would remove the GDP from the ranking and replace it with something else, as it is a derivative of gdp per capita and therefore is kinda just giving points to countries with larger populations
@mikechadid2568
@mikechadid2568 3 месяца назад
Its not. The fact that its gpd per capita (or just money divided by people) means it takes into account both. Look at Luxembourg or Monaco, they got a GDP per capita higher than China or the US, both having wayyy bigger populations than that of monaco or Luxembourg. I agree tho maybe he could consider taking it out as GDP isnt the best measure
@TheCheeseman1983
@TheCheeseman1983 3 месяца назад
What’s wrong with giving points to countries with large populations? The more people you have, the more you can produce. The number of people living in a country is very important when considering the strength of that country’s economy.
@plasmacannon1198
@plasmacannon1198 3 месяца назад
@@TheCheeseman1983 you’re not wrong - more people paying in means larger coffers. Just in an economic performance ranking it seems like giving points for good dice roll
@TheCheeseman1983
@TheCheeseman1983 3 месяца назад
@@plasmacannon1198 A country’s population isn’t really a dice roll, though. This video mentioned the issues that mass emigration can cause for a country, and the size of a country’s landmass, how fertile and resource rich that land is, and many other factors that tend to correlate with population size are all important to that country’s economy. The population of a country isn’t random, it’s the result of countless complex interactions and events over generations.
@toby8814
@toby8814 Месяц назад
Mention how Eritrea kept its waters clean, its tribes equal, its sovereignty and didn't exchange this and much more for what we call 'economic growth'. May it grow when the criteria for growth don't involve losing its natural and cultural wealth.
@yousufaman1738
@yousufaman1738 2 дня назад
He’s British they like to talk rubbish
@rooney0423
@rooney0423 3 месяца назад
Nice Tolstoy reference
@Philosophy.T
@Philosophy.T 3 месяца назад
I requested two times, I can’t believe you did it.
@aiwanano6507
@aiwanano6507 3 месяца назад
Eritrea helped commit genocide in Tigray during the Tigray War by mercilessly destroying countless hospitals (in cities safely under their control), schools, indiscriminate bombings and artillery shelling in civilian areas, committing wide-spread ethnic-based SA & r*pes on both genders, large-scale massacres (one of the largest being a thousand church goers in one of Ethiopia's holiest and oldest cities, Aksum), extrajudicial killings, burning and salting farmlands and entire villages, and aiding local militias to commit ethnic cleansing (which is ongoing today), among other crimes. All of this anyone can look up. Eritrea's dictatorship is truly on the levels of North Korea & their leader is truly sick. They literally lock up teens and young students belonging to families of "political opponents" inside metal cages in the desert (no one knows what happened to them now) while being responsible for war/conflict on all of their neighbors. There's so much wrong with a dictatorship when 10% of the population has already fled.
@ima8533
@ima8533 3 месяца назад
Yea that’s true, but tplf dictatorship was equally brutal
@aiwanano6507
@aiwanano6507 3 месяца назад
@@ima8533 Sure, but it doesn’t justify what Eritrea did. It also doesn’t help that TPLF did much more for a better Ethiopia than Isaias for Eritrea (with the cost of authoritarianism that Abiy is essentially continuing but on a much more devastating scale). Ethiopia was skyrocketing in modernization since 1991 until recently & everybody saw. Eritrea also did more damage in Tigray than TPLF inside Eritrea. I say this just to highlight & compare how terrible the Eritrean dictatorship is by comparing it with a similar group that actually brought its people up (Ethiopia now accepts more refugees than any other east-African nation or bordering nation besides Egypt & South Africa), unlike Eritrea’s rulers.
@vak1ng62
@vak1ng62 3 месяца назад
this is soooo biased its not even funny
@clipaqua8848
@clipaqua8848 3 месяца назад
you fail to mention the tigray tplf of ethiopia started that war because they lost political power of the country, sent missiles to Eritreas capital Asmara and instigated a fight they could not beat. now all thats left is a smear campaign by Diaspora tigrayan Ethiopians...dont pretend to care about eritreans.
@panafrican2003
@panafrican2003 2 месяца назад
​@@aiwanano6507u forgot that most people died because of lack of food, lack of medecin and drone strike, all of this is controlled by the Ethiopia federal goverment not Eritrea, look at people in amhara region that are dying from drone strike strike and tigrayens dying from hunger, Eritrea is not there so who is making it happen?
@RossLeavitt
@RossLeavitt 3 месяца назад
Great reference to the opening line of Anna Karenina.
@ChemistTea
@ChemistTea 3 месяца назад
Good observation! I knew I heard that somewhere.
@TheTungdil2
@TheTungdil2 3 месяца назад
Do you have a video or plans to do a video of the layoff economy? Seems lots of companies are jumping on this bandwagon of laying folks off as an excuse (possibly not, but this is the point of the video). Also, what are the long term ramifications of layoffs at this scale not tied to a specific event? Is this the new norm? Just an idea… not sure if this has been done already or is flat out a dumb idea.
@m2heavyindustries378
@m2heavyindustries378 3 месяца назад
A layoff economy...You mean a regular economy video. No one does a video on a buying economy / a selling economy cos that's just what they call a REGULAR ECONOMY. Mind elaborating what a "layoff" economy is?? Layoffs / hirings are part and parcel of all economies.
@ThePanEthiopian
@ThePanEthiopian 3 месяца назад
My very comedic friend told me this joke once When God looked at the cost of the Red Sea he noticed that it was a bit too green and he asked Gabriel "why is that area too green isn't it supposed to be a desert" and Gabriel replied no that's Eritrea all the green came from the soldiers clothes.
@m.s.e.4192
@m.s.e.4192 2 месяца назад
Ohhhh...that is funny. 😂😂😂 Unfortunately most of our military is desert like....so you wouldn't see us.
@AuroraBoarder1
@AuroraBoarder1 2 месяца назад
An Ethiopian Stanford student told us this joke once. An Eritrean man and an Ethiopian man were arguing. The Ethiopian said, "My country is better than yours. We don't have people pissing on the street. " "Oh, yeah? Prove it!" answered the Eritrean. So the Ethiopian took him for a drive. Street after street was perfectly clean, with well-mannered people. The Eritrean became angry - but then, he spotted a man pissing in the street. "Look, see? I thought you said nobody did that here!" he said triumphantly. They jumped out of the car and ran over to the man pissing in the street. He turned out to be Eritrean.
@CoG30
@CoG30 2 месяца назад
Says the Ethiopian. Go deal with your ethnic wars
@mahrmussie5681
@mahrmussie5681 2 месяца назад
Insulting the killer of your father helps you to sleep. We Eritreans know your situation very well. By the way, the green is your incesters dead body that got killed by shabya in Nakfa front😅😅😅
@heavent883
@heavent883 2 месяца назад
says ethopian where other ethic grop kills other ethic group, like 18 century savges
@VonPete105
@VonPete105 3 месяца назад
Blaming Eritrea's inclusion in Ethiopia on western powers is factually incorrect and completely ignores the role played by Haile Selassie after and Ethiopia itself immediately after WW2, Ethiopia being in fact technically an empire at the time and even now being a federation of many tribes that view themselves as distinct and often very much don't get along.
@baze703
@baze703 3 месяца назад
Doesn’t matter who is to blame. They can’t get along w people that are genetically equivalent to them just bc of their tribalism. This means shouldn’t be allowed here either
@victormugambi6083
@victormugambi6083 2 месяца назад
Great analysis, though it would be better if all the clips of people were from Eritrea (Cushitic/semitic origin) rather than other African countries (Bantu, Nilotic)
@Valivali94
@Valivali94 2 месяца назад
Cute add but where I live the state was pretty "special" about heritage around 80 years ago, so I already know that back to around 1850, or even longer.
@anthonymanderson7671
@anthonymanderson7671 3 месяца назад
Sad to see what eritrea became. This shows an example when african revolutionaries liberate the nation, it later turns out into dust.
@shauncameron8390
@shauncameron8390 3 месяца назад
Exactly.
@KamikazeMedias
@KamikazeMedias 3 месяца назад
Eritrea following equality on conscription wise is one thing the west can follow and not be hipocrytes
@shauncameron8390
@shauncameron8390 3 месяца назад
Agreed.
@heavent883
@heavent883 Месяц назад
Isreal and south Korea do it
@chidubememma-ugwuoke9660
@chidubememma-ugwuoke9660 16 часов назад
@@heavent883they aren’t in the west tho
@tareqrahman6501
@tareqrahman6501 3 месяца назад
Please do a similar video on Bangladesh, one of the fastest growing economies in the world
@drg598
@drg598 2 месяца назад
It may fall into .s.l.a.m.i.c r.a.d.......
@sourabhmayekar3354
@sourabhmayekar3354 2 месяца назад
Nice
@bugsi
@bugsi 3 месяца назад
Brilliant Video. Do Nigeria next. Let's see how the largest economy in Africa is doing
@AuroraBoarder1
@AuroraBoarder1 2 месяца назад
😂😂😂😂😂 Let's see how much those scammers have contributed!
@bugsi
@bugsi 2 месяца назад
@@AuroraBoarder1 well... that was needlessly racist
@Jews_C0ntr0l_daa__worldd
@Jews_C0ntr0l_daa__worldd 2 месяца назад
@@AuroraBoarder1😂😂😂 them nigerians keep saying theyll marry me and make me queen. Im a dude…
@blazer9547
@blazer9547 19 дней назад
​@@bugsiNigeria is a race,?
@firiusfangmartinez4698
@firiusfangmartinez4698 3 месяца назад
Where is all the talk about AMZPKK coming from? It is everywhere and in each comment section
@praveshmalik3477
@praveshmalik3477 3 месяца назад
They are promoting Amazon's cryptocurrency free of cost by storming comment section so that people get confused and search on Google for that. Just like you and I got confused and now we know what it is. So its just a technique for free marketing 😂
@XzMattyxZ
@XzMattyxZ 3 месяца назад
Bots or device sweatshops flooding comments most likely
@HeavenlyIntervention
@HeavenlyIntervention 3 месяца назад
Report spam
@JohnDoe-tz9qw
@JohnDoe-tz9qw 3 месяца назад
When is the Romania video coming?
@sfarrell71138
@sfarrell71138 3 месяца назад
The music in the background drove me mad.
@Saratogan
@Saratogan 3 месяца назад
"The vote was overseen by the UN." One laughs uproariously.
@WediSoira
@WediSoira 2 месяца назад
The referendum was fair, majority of Eritreans wanted independence because of the atrocities committed by Derg and Haile Selassies government
@cincinladohio
@cincinladohio 2 месяца назад
PLEASE do a deep dive and explain the economics of childcare in the US
@sensemalawi8911
@sensemalawi8911 3 месяца назад
Please do one for Malawi
@hinzkunzinger7891
@hinzkunzinger7891 2 месяца назад
Most computer games have a command economy, with the ruler deciding where which factory goes and so on. I think ther's a lot of miseducation going on in the games market xD
@XMR02R
@XMR02R 3 месяца назад
Fun fact this Video mostly shows Nigeria
@baze703
@baze703 3 месяца назад
Literally no one cares. All the same
@chidubememma-ugwuoke9660
@chidubememma-ugwuoke9660 16 часов назад
@@baze703lol no
@sararufael6903
@sararufael6903 3 месяца назад
The extensive research is kind of undercut by the non-stop footage of random african countries. Would it have been that difficult to find stock video/images from Eritrea? or at least Ethiopia lol.
@samson.daniel
@samson.daniel 3 месяца назад
I am still amazed how he searches for the articles if he can't even get images and videos of Eritrea right
@Flawless.Geck0
@Flawless.Geck0 2 месяца назад
@@samson.daniel You do have to consider that freedom of the press is nonexistent in Eritrea. Getting a legit video about Eritrea that isn't propaganda from the government is hard to come by.
@samson.daniel
@samson.daniel 2 месяца назад
@@Flawless.Geck0 yes but there are plenty of videos of the people walking around the town. He could have used it than images of Nigeria.
@Flawless.Geck0
@Flawless.Geck0 2 месяца назад
@@samson.daniel I agree that he sould not show nigeria as eritrea but many parts that are realesed for the city of eritrea are the capital. The capital is supposed to be a good look for the country when in reality the other cities are in poverty.
@ChuckSwiger
@ChuckSwiger 3 месяца назад
At 13:18 is the Anna Karenina Principle :)
@The_creepy_one1
@The_creepy_one1 3 месяца назад
i think tunisia situation would be very interesting for a video
@FireeditsNow-jv8jf
@FireeditsNow-jv8jf 2 месяца назад
I'm going to make a video on poverty in Washington DC and only use footage from Baltimore.
@chevtruck1000
@chevtruck1000 3 месяца назад
It is always good to be accurate. You nailed the shipping companies priorities regarding what they are most concerned about. Ships, cargo then crew. You're not old enough to remember when some companies knew that it was their people that mattered.
@francho2708
@francho2708 3 месяца назад
Fiu, i almost thought they would say Argentina
@Koutsn_
@Koutsn_ 3 месяца назад
just waiting for the economic score
@HYohannesEri
@HYohannesEri 3 месяца назад
Premise is largely correct, Eritrea’s economy is garbage, however the video is poorly made. Stock videos are inaccurate (they depicted people from other countries), at 1:49 you can see an obvious misspelling- Eretria,6:20 he mentions national service is extended over 18 month for certain occupations - this is not true, it’s extended for nearly all. Seems like a video researched over a couple hours, providing information you could gather from the wikipedia section on the Eritrean economy, with some stock videos of Africa plastered over it. Expected better as apparently this guy has a “team” of researchers creating every video. He could have started with a brief explanation how the socialist ideology of EPLF formed under the backdrop of national liberation & the cold war, how its future leader was sent to china to learn about maoist philosophy, the 90s & the failed implementation of the constitution, the 2000s war and aftermath of strict control of all aspects of the socio economic landscape of Eritrea, the refusal of foreign aid & sanctions etc
@Ynhockey
@Ynhockey 3 месяца назад
It's true that Eritrea is a very poor economy, but it's also not a failed state like Somalia and some other countries in the region. For example, it's possibly the safest country in Africa, with theft rates that favorably compare to the West, plus generally low crime. This can be attributed both to the overwhelming central control, but also Eritreans' culture. I met some people from there in Israel, and have seen a bunch of videos about the country, and it seems like far from the worst in the region to live in.
@kingsiddiq4153
@kingsiddiq4153 2 месяца назад
Somalia 🇸🇴 is no longer a failed state and they now are digging for oil!
@Medievalking1
@Medievalking1 2 месяца назад
Make a video of Romania please 😍😊
@NeilPoulter
@NeilPoulter 17 часов назад
"...built off of." Can anyone explain the grammar, please?
@princem5155
@princem5155 3 месяца назад
Your research skills are top notch
@samson.daniel
@samson.daniel 3 месяца назад
Not exactly. None of the images and videos he showed were from Eritrea. It's mostly in Nigeria and Uganda
@just_hexxy
@just_hexxy 3 месяца назад
Do a video on Burma (Myanmar)?
@rheinhardtgrafvonthiesenha8185
@rheinhardtgrafvonthiesenha8185 2 месяца назад
Good thing nobody’s ever heard of the place huh
@steveuganski2394
@steveuganski2394 3 месяца назад
9:14 United States Michigan Consumer Sentiment ?🙂
@steveuganski2394
@steveuganski2394 3 месяца назад
Maybe Michigan will be on the leaderboard soon
@unholyrevenger72
@unholyrevenger72 3 месяца назад
You got one thing wrong. If one business in a capitalist economy makes a bad decision it brib... lobbies the government for a hand out and the tax payers pay for the bad decision.
@floxy20
@floxy20 3 месяца назад
Very few failing businesses are bailed out by government. The ones that are become the darlings of the left wingers who want the government to pursue an "industrial strategy." But because governments are composed of dunderheads (otherwise they'd get a real job) the plans usually end badly. I hope this clears things up.
@JoTess
@JoTess 3 месяца назад
Many of the clips you’ve used aren’t even Eritrea
@Deveriell
@Deveriell 3 месяца назад
7:00 Poland is doing a good job.
@ric-st.clairclarke6110
@ric-st.clairclarke6110 2 месяца назад
Do Jamaica next. Jamaica is known, depending on who you ask, for reggae music, food, its culture, Rastafarian movement, crime, Marcus Garvey, Port Royal, Ganja, etc. I would like to know it through the lense of economics explained (world and region). Your excellent analysis, witty humor, and ease of delivery would be appreciated even more, with a feature of Jamaica on economics explained. I think it would be useful to understanding the 'developing countries' in their attempt to move their countries forward. Anyway, Jamaica is undertaking a census currently, after which, useful data will be accessible. We have been aided by IMF in recent decades. I believe an analysis of JA when examined through the following would be interesting (regionally): Washington Consensus Leader board Gini Coefficient Leader board (Caribbean) Diaspora Thank you for your time and consideration.
@kgltotheworld
@kgltotheworld 3 месяца назад
Is most of the footage not of Eritrea?
@chidubememma-ugwuoke9660
@chidubememma-ugwuoke9660 16 часов назад
Yh
@soloyoni2000
@soloyoni2000 3 месяца назад
You talking about Eritrea but you showing other countries footage 🤦🏽‍♂️
@BadieAbdullah
@BadieAbdullah 2 месяца назад
Can you do Syria in a future video
@jamescanjuggle
@jamescanjuggle 3 месяца назад
i feel like the old style scratchy film edit at the start didnt really bring anything to the video quality, it was a bit distracting morw than anything, I thought i had hairs on my screen xD
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