Why Is Everyone Getting Involved in the Niger? | Economics Explained

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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.
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27 сен 2023

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Комментарии : 1,1 тыс.

@EconomicsExplained 8 месяцев назад

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@Computment 8 месяцев назад

you misplessed niger its pronounced

@esgee3829 8 месяцев назад

with the panoply of pronunciation of various country and place names, I would put economics explained on the global citizen pronunciation leaderboard at a 3.5 for this one.

@thatothamae1394 8 месяцев назад

Is there a way to see the economics explained national leaderboard outside of a video?

@makisekurisu4674 8 месяцев назад

Would you please do a Bangladesh edition?

@desertblade1874 8 месяцев назад

There's a mistake in your video.. 4:26 Niger is not an ex-french colony, it's still on the hook for France alongside other neighboring countries through the CFA (previously known as the french franc).. basically those countries have no say in their currency without french approval aka modern day neocolonialism

@davianoinglesias5030 8 месяцев назад

As a Kenyan🇰🇪 I'm very happy that my country has next to zero natural resources😅it's the only reason we have a stable and peaceful country. Natural resources in poor countries encourage local power struggles and foreign interference. Our lack of natural resources means that the government focusses on developing human resource capabilities and they channel the nation towards becoming a service economy, to become a service economy you need peace, democracy and sane economic policies. Oil, gold,cobalt and other minerals can be stolen but no one is going to invade my country to steal our education or steal our labour intensive coffee and tea farms😅 I hope we don't find any natural resources any time soon until we are a wealthy country with strong institutions.

@jaydenyancey3390 8 месяцев назад

Thanks for sharing, this was interesting to read from a western perspective

@beback_ 8 месяцев назад

As an Iranian, I couldn't agree more.

@jeffbenton6183 8 месяцев назад

This reminds me of an old joke (when Israel became independent and was growing and consolidating in the 1940s and 1950s): "God led his people back to the Promised Land - the only place in the Middle East with no oil." This was before economists became acutely aware of resource curse, but Israel did end up building a diversified economy for itself, which might've been trickier to do if they knew about the oil and gas reserves that they have now.

@engmsh3544 8 месяцев назад

They can come steal your labour as it happens in my country.. By abusing the work force and paying them next to nothing and even use children for work in agriculture or industries... China is abusing African workforce right now

@chillxxx241 8 месяцев назад

Kenya was colonized by Britain. Most former British colonies have recovered fairly well. French colonies have not fared as well. Niger is also a “landlocked” nation. Landlocked countries are always dependent on the kindness of others. They would likely not be a nation if it weren’t for the current “global order” that insists that countries shouldn’t have borders changed by military means.

@kosekpason2291 8 месяцев назад

Can't wait for an economics explaned Nigeria edition.

@robertmazurowski5974 8 месяцев назад

Who gave you the N word pass? Do you have the papers?

@storyteller6777 8 месяцев назад

⁠@@robertmazurowski5974bro you are polish calm down

@robertmazurowski5974 8 месяцев назад

@@storyteller6777 I got the privilege to be able to give or revoke N word passes. One of the responsibilities I was given by the black community is also to be checking whether poeple have the pass and whether it needs renewing.

@reflexcoil9808 8 месяцев назад

Their influence in Africa is outrageous,

@KennyNGA 8 месяцев назад

Same bro

@obas1163 8 месяцев назад

I couldn't but notice that although you mention Niger's uranium powers Europe's electricity, you didn't correlate it's low GDP as Europe pays a small fraction of the market price for Niger's uranium.

@CountDookuful 8 месяцев назад

Shhhh, don't ruin the narrative

@vwati 8 месяцев назад

His audience is mostly Western, and hearing another Western country causing poverty in an already poor country is not a topic that draws viewers.

@kindi7421 8 месяцев назад

But its true, and its objectively relevant. Would you rather hearing only half the story? people don't turn off for a simple truthl.@@vwati

@TheLocalStandard 8 месяцев назад

I wanted to watch the video, but I had to come to the comments to be sure I am not feeding my my a bunch of Western propaganda. With youe comment I now know what is. These people still think the world is stupid about their narrative. 😂

@ecoyamajapan 8 месяцев назад

Was thinking the same thing

@JoscelinVerreuil 8 месяцев назад

I'll have to rewatch this video, because my mind was blown away when I learnt that Australia has the largest uranium deposits in the world and I couldn't focus on the rest of the video.

@JonsVlogz 8 месяцев назад

To be fair I’ve never heard that either - always thought Kazakhstan was the OG 🤯

@EconomicsExplained 8 месяцев назад

We do!

@organicod2438 8 месяцев назад

Just one of the reasons why the Americans got rid of Whitlam and won't stay out of Australia and its sovereignty.

@Freakingbean 8 месяцев назад

Aussie fission is the best fission. When it melts down it goes down under

@y0uCantHandle 8 месяцев назад

@@JonsVlogz Kazakhstan produced the largest share of uranium from mines (40% of world supply), followed by Canada (15%) and Namibia / Australia(10%) depending on the year.

@iandavidvillaloboswong5180 8 месяцев назад

The mercenary economy in Africa is interesting. There are also U.S and chinese mercenaries working there. Its interesting that theres such a demand for them

@jonahhekmatyar 8 месяцев назад

What's even more interesting is their financiers

@tomyoung8563 8 месяцев назад

What little stability and security typical Africans enjoy seem to come from PMC’s guarding oil rigs, mines, etc

@BatsiraiMusuka 8 месяцев назад

⁠@@tomyoung8563speaking as a “typical Afrikan”, your statement sounds like a gross generalization. But l do not blame you, popular media only focuses on Schadenfreude

@tomyoung8563 8 месяцев назад

@@BatsiraiMusuka Fair point. Africa is a big place and I haven’t been everywhere…. Probably not even 10%

@BatsiraiMusuka 8 месяцев назад

@@tomyoung8563 forgiven. I always worry about the default perception Afrika gets. I imagine an investor always having to imagine the worst (before being pleasantly surprised that it not really as bad as they imagined investing in Afrika would be). So far we have been lucky in that a lot of investors are either well travelled or know someone who is, to gain insight.

@hrishikeshmasurkar8434 8 месяцев назад

Very informative video, thanks a lot!

@cameronlabone6050 8 месяцев назад

Thank you for this information. Balance is crucial

@bruce-le-smith 8 месяцев назад

Thanks for highlighting this issue. Had to search it and the Carnegie Endowment for International Peace post from Aug. 31 had a much more concerning tone than you have here!

@Jondiceful 8 месяцев назад

This video reminds of a question that has been simmering in my mind since the coup in Niger began. How much has the recent instability in the Sahel cost China given the extensive investments of the Belt and Road Initiative? Part two of that question is to try and establish the role of Russian-sponsored Wagner forces in the destabilization of the region. This instability is good for nobody, least of all the people actually living in the places that are descending into chaos and violence. But I can't help thinking that China's relationship with Russia must be suffering too.

@anmolllll 8 месяцев назад

It is good for no one except those who make money from private armies aka Wagner forces and vice versa for the west

@davianoinglesias5030 8 месяцев назад

Oil and mineral magnates thrive in chaos, if the goal is extraction of resources then no outside force has the incentive of bringing peace

@nemiloszorka1162 8 месяцев назад

This instability is good for USA, since it damages China and Russia.

@aymanayman9000 8 месяцев назад

There's no such rule of Russia in destabilizing this area , they just like saying that in the west , you have to remember that all of those countries were and still to some extent under french control, the currency they can use to deal with the outside world in the hands of France ,the reserve of it right now is 50 percent in France , most of the companies there controlling natural resources are french , basically what happened in sixties is France have an agreement giving them nominal independence in exchange of having military bases and controlling money and natural resources which leads combined with military interventions to controlling the political part also , you have to ask what if alk of those events are about that and also France along with the rest of the west trying to establish terrorism in the area , I'm from the middle east and the west along with turkey some countries in the gulf area brought so much isis fighters and financied them you can ignore that , but it's true everybody in the middle east knows about it , even the most brutal defenders of the west , you won't find clear resources about that , so you can check resources about Afghanistan or Vietnam Cambodia or the secret war of laws or the second battle of falouja or raqqa to see how the west works and it has no limitations at all

@sadiehall7474 8 месяцев назад

Those are the FACTS!!!

@centerback4 8 месяцев назад

How comes you didn't cover issues that affect Niger (like most former French colonies) such as the colonial tax, the use of the Franc, AND France paying below market rate for the Uranium they need to power their nuclear power plants. Very very big opportunity missed here, I am somewhat disappointed

@dragano556 8 месяцев назад

It goes against the narrative the Africans are in there current situation because of themselves. Slavey, poor economics, crime all because of Africans. Nothing else has contributed to that, just Africans.

@JohnJohn-rz7tn 8 месяцев назад

don’t be disappointed, if he did mention those things he would be going against the western narrative, that Africa cannot do without European AID , and Africa needs Europe more than how Europe needs Africa, that’s the narrative.

@macgp44 8 месяцев назад

He wants to keep his job, so topics like that get ignored

@boborigue 8 месяцев назад

Could you explain to me how those countries pay colonial taxes since their military coups?

@My_Old_YT_Account 7 месяцев назад

@@JohnJohn-rz7tnAfrica undeniably needs Europe more than Europe needs Africa

@alexv3357 8 месяцев назад

A small point, just to be clear, the Resource Curse is mostly not about resources, it's about politics. Exploitative authoritarian governments use natural wealth as a short-term treasure chest to underwrite their currencies, fund social programs, and subsidise unprofitable industries, hence buying the political support needed to continue the autocracy, rather than using it like proper venture capital. If a country has no democratic institutions that can force that capital's effective use, or at least withstand the distorting effects it produces, then of course an economy will not develop properly. But natural resources are not the _cause_ of the Resource Curse, just a symptom of the Autocracy Curse.

@mariocuric6690 8 месяцев назад

Go Africa ❤🌍 Yugoslavia stands with you 🇭🇷🇧🇦🇷🇸♥️

@toji_killua97 8 месяцев назад

IL like to see more videos about African economies, I think you should make a video about Tunisia and its recent feud with the IMF and European union.

@MEENDA_VVS 8 месяцев назад

Please do Zambia Namibia two... We really appreciate You and the team for everything

@kyle6899 8 месяцев назад

Too* When you can replace the word with "also" you use too. Two is the number

@nicholasbissonnette6652 7 месяцев назад

This was really interesting. Thanks for taking a look at the economy of Niger.

@awdrifter3394 8 месяцев назад

The situation in Niger seems pretty complex, with no easy answers due to all the factors involved.

@careyyoung9003 8 месяцев назад

And also, we need to differentiate between Niger and Nigeria; those are not only different countries, but they are even spelled differently

@awdrifter3394 8 месяцев назад

@@careyyoung9003 This gentleman could certainly use our support.

@TheDCbiz 8 месяцев назад

There is actually a very simple answer. All non niger nations should leave niger and make diplomatic talks if they want to do business. Simple.

@willemvanriet7160 8 месяцев назад

Interesting the link with all these countries with France and the way they ran their colonies...

@mrsupremegascon 8 месяцев назад

France ruled the most prosperous countries in Africa (Algeria, Morroco and Tunisia). For West Africa, UK took the best and most developed part and France took the most rural and less developed part. The idea was that England wanted to exploit while France just wanted prestige.

@SuperKillerdog 8 месяцев назад

South Africa, Nigeria and Namibia are more developed.

@dragano556 8 месяцев назад

@@SuperKillerdog South Africa lowkey still a Dutch colony.

@sketch9062 7 месяцев назад

It’s not just in Africa. Even the French colonies in Asia are the poorest and have a history of military coups. That’s why the wealthiest and fastest growing countries in Africa are all former British colonies. Nigers uranium is all being stolen by France which was paying their president $99cents per kilo instead of $200 per kilo as per international market rates.

@mrsupremegascon 7 месяцев назад

@@sketch9062 Vietnam, is richer than countries like Burma or Pakistan. So your theory is wrong, try again.

@dr.victorvs 8 месяцев назад

It's crazy how the US grows year after year and it's still not over .95 HDI. For all the drama in US politics, the US economy is absolutely phenomenal, but this HDI thing reflects why Americans don't necessarily think that: that money doesn't reach the people who need it.

@DMSparky 8 месяцев назад

Economic inequality and poor education system will do that.

@Da__goat 8 месяцев назад

It really is crazy, but there are fewer people in the US doing things right and many more people doing things wrong. And we can see that from the leaderboard, if you want to make money, the US is the place you want to be. If you want to create generational poverty, the US is definitely not the place you want to be. There are blue zones in the US and there is also Detroit and Chicago, as well as the feces of San Francisco and Los Angeles.

@pleasedontdothis.9878 8 месяцев назад

It’s not quite that simple, The U.S. in terms of living space, is so unfathomably large that it just differs depending on the area, there are cities & counties with a .98 HDI & others with a .91 HDI which turns the whole into an average of .92-.94. HDI. It’s not like Australia where everyone lives on the coasts or European countries where they’re smaller & have concentrated population centers. Russia’s land also is also sparsely used with about a third of it containing most of the population. In the U.S. people live EVERYWHERE, massive cities all over the country, small towns in every rural area of every state. It’s so massive. It’s much easier to have a higher HDI in developed countries where population centers are extremely concentrated as opposed to where they’re evenly spread out over a massive amount of land.

@nebulaone908 8 месяцев назад

@@DMSparkySalty?😂 The U.S has the best universities in the world, and people can start businesses or be an entrepreneur easily. To me, it's a testament that people here are still innovating and being productive.

@n7warhound885 8 месяцев назад

We’ve never had to really try. Even the poorest individuals in this country get livable food clothing and shelter of some form. Livable compared to what the bottom billion people live with,

@CHex. 7 месяцев назад

I can't unhear the dragging you do to the end of the last word in every other sentence.

@willemvanriet7160 8 месяцев назад

This is so much better than watching a 90min doccie on cable or streaming with data that's 12m old....

@chukwumaoriuwa281 8 месяцев назад

Chad (oil), Niger (uranium, gas, etc), Central African Republic copper, diamond, gold, graphite, limestone, iron ore, manganese, quartz, salt, tin, uranium), like most African countries are resource rich but their people live in abject poverty, while European and American multinationals make $$Billions of Dollars yearly from Africa. Nothing is said about this in world affairs.

@daremeyo1041 8 месяцев назад

I hope to see EE explore Nigeria "African Giants" Economy and what it can do?

@bobclark1153 8 месяцев назад

Video idea: the economics of mercenary groups. World powers are continuing to hire these groups (Wagner-Russia, Blackwater-US, Iran's many proxy group). It's terrible, but there is significant economic activity pertaining to this activity. I'm curious if these groups provide a net positive for their country's economy's, and their effect on the country's where they are stationed (do they provide stability or instability, increased demand, etc). Also, is this an escape from poverty for their members, or a debt trap?

@Sipho_Thenjwayo 8 месяцев назад

Trying the same thing expecting different results is madness the west has been here for more than 10 years and the groups have increased especially in tri-border area between Mali Burkina Faso and Niger the same goes for our neighbour Mozambique until gas was discovered there there were no terrorists surprises now we have them it took Rwanda Wagner and a SADC taskforce to quell that problem to some extent

@tomsgamer985 2 месяца назад

Finally subscribed. I like your approachable style and pace. One minor nit ... for your promo for Brilliant, you stated that their learn by doing approach to learning is unique. Learn by doing is how kids learn how to eat, go to toilet, etc. Adult learning theory is based upon learning by doing plus leveraging their life experiences and placing the learning in context. Does Brilliant do something different from that?

@n00bnetrum 8 месяцев назад

The video kind of glances over what the whole ECOWAS thing actually entails for the African countries in it. The ECOWAS organization is basically just France with a new name and "member states" (totally not colonies) have to hand over 85% of their foreign currency reserves to that organization (France). So either France gets an 85% discount on those resources or France just gets 85% of the money from sales to anyone else.

@lyncharles4856 8 месяцев назад

I think the channel is just simping hard for france

@n00bnetrum 8 месяцев назад

@@lyncharles4856 I think they just didn't do their research. Who would simp for a nation that can't even keep it's own capital free of a bed bug epidemic? :^)

@zaydalaoui9397 8 месяцев назад

I see Russian propaganda reached you well. First thing, it's 50% not 85%, second thing, it benefits these countries (while it also has disadvantages), their currency has been stable thanks to that, but it also gave them a disadvantage for export. Anyway, these countries can decide when it suits them to change the policy, move from Franc CFA and take the risk to have their own currency, which can pay off or not, so many factors are in play here. Of course France also has interest in Franc CFA but it's a lot more complex than "Oh France is bad, Niger is good"...

@OmarAli-jv1qh 7 месяцев назад

@@zaydalaoui9397No it doesn’t benefit these countries it just benefits France.

@zaydalaoui9397 7 месяцев назад

@@OmarAli-jv1qhwell we’ll see, these countries are planning to leave it, so you’ll se what will happen when their currency is no longe pegged to euro.

@omargoldi1019 8 месяцев назад

Please video on Egypt.. i swear it could be the longest video you do from the amount of topics to cover

@ryuuzaki24 8 месяцев назад

Like the video, although the constant swiping motions between the graphs have me dizzy. Can you perhaps find a less whirlwind way of switching?

@quintessenceSL 8 месяцев назад

And so I think of the situation in El Salvador, where even if I can't condone the methods, it's hard to argue with the results. How else do you establish normalcy and stability? And so with Niger- how will you establish stability without a show of force? Maybe democracies are too fragile to survive in the face of chaos.

@metalcake2288 8 месяцев назад

Democracy always arises in civilized society, most african nations have been civilized, but not socialized. Africans were, for the most part, beasts of burden. Their borders were drawn by the colony who conquered them. Now that the colonizers are in the shadows, the kings and tribes are now laying claims to the lands they would like to assume as their own. Society will develop once the dust settles.

@tipodeincognito5660 8 месяцев назад

No, they arent. You are more likely to find some incompetent, corrupt moron running things in a dictatorship than in democracy. Loyalty to the ruling guy over anything else happens in democracy, but its a given in dictatorships. Not exactly the way to face a crisis. Dictatorships are good at silencing the people pointing the flaws, not solving them.

@Zzzooooppp 8 месяцев назад

This would be an unreal setting for the next MGS game

@garlandgarrison3739 7 месяцев назад

MGS is done. I think The Phantom Pain was the final game. Everything else will probably just be remakes

@JLchevz 8 месяцев назад

This made me sad more than anything. Freaking disorder everywhere. There is SO MUCH POTENTIAL in the world but... we can't seem to get along lol.

@watema3381 8 месяцев назад

As long as there is ego and greed the world will never advance

@TheControlBlue 8 месяцев назад

@@watema3381start with yourself.

@MichaelDavis-mk4me 8 месяцев назад

@@watema3381 Sorry, but ego and greed have always and will always exist, and yet a lot of countries have advanced to an incredible degree. The fact that you are even capable of writing this comment using a hyper-complex machine built with the cooperation of dozens of countries shows how far humanity has gone. Africa is still poor, but a lot of countries have clawed their way out of poverty.

@watema3381 8 месяцев назад

@@MichaelDavis-mk4me But even you must admit that our so called advancements were made (one way or another) for the sake of profit. It is no mistake that most advancements were done in capitalistic countries. Imagine how far gone humanity would be if we used our energy to better help each other instead of bickering, wasting trillions.

@StuffandThings_ 8 месяцев назад

That's what happens when global population outstrips the resources necessary to uphold a high standard of living for that population. Resource wars and instability are going to creep up on us. Water is of course a big one to look out for, food, lithium, cobalt, etc. We are unfortunately going to live through some very interesting times indeed.

@jestinmathew4503 8 месяцев назад

May Niger and rest of Africa rise. Support from India 🇮🇳

@planetoid8251 8 месяцев назад

Will you be making an Economics Explained Video for Egypt?

@mrfatmancory 8 месяцев назад

Any chance you could talk about the overleveraged problems banks and hedge funds are having right now? Stuff like Citadel getting charged by the sec for naked short selling and the problems Switzerland is having with banks like Credit Suisse. Thanks mate.

@NeostormXLMAX 8 месяцев назад

He is a paid australian propagandist owned by banks so no

@jghifiversveiws8729 8 месяцев назад

A video on the billions in unrealized losses sitting on the Federal Reserve's balance sheet would be great too.

@PoopyPraz 8 месяцев назад

@@NeostormXLMAX how have you come to this conclusion, just curious. I've been enjoying this channel's content for several years now, so would be quite disappointed if there was more at play..

@macgp44 8 месяцев назад

It's a matter of want the host DOESN'T DAY, rather than what he says. He completely ignored how France uses its control of the Niger (and several other African countries) currency to extract natural resources for very cheap. Economics Explained is very biased in favor of the anglosphere.

@kiwitrainguy 7 месяцев назад

I agree but please: "It's a matter of what the host DOESN'T SAY, rather than what he says." I find that true of quite a lot of the videos I watch so it makes sense to watch many of them in order to get the complete picture.@@macgp44

@ZarquonZ 8 месяцев назад

Wise of EE to find out the correct pronunciation of Niger before making this video, haha.

@crocrox2273 8 месяцев назад

Why wise, Niger, is pronounced same as that insult for basketball Americans in my country

@zalafinari 8 месяцев назад

And yet EE still used the old/incorrect pronunciation through the middle section of the video. Seemed odd to have the correct pronunciation only at the start and end of the video.

@crocrox2273 8 месяцев назад

@@NoNameWorks727 what do u mean white nationalists? because of the word for american blacks?

@sysInt64 8 месяцев назад

Great video as always. What background music have you used?

@GabbaGandalf420 8 месяцев назад

DJ Skinhead - Extream Terror

@maleodefasiat 8 месяцев назад

A suggestion for your amazing videos - Please remove the fast transitions that move to quickly, they hurt my eyes a lot. Other than that, keep the good content going.

@ovinel 8 месяцев назад

EU ≠ Euro zone -- to the person who chose the maps in this vid

@EconomicsExplained 8 месяцев назад

Oops!

@zacharygallenberger9243 8 месяцев назад

Respect for responding to the comment; I Know the difference between the two areas but didn’t catch the mistake, but any time a channel can take criticism, it’s a huge boon their credibility in my opinion. @@EconomicsExplained

@vaticinus 8 месяцев назад

Economics Explained has been EXTREMELY reluctant to do any video on African countries. I hope that will change going forward.

@ElectrostatiCrow 8 месяцев назад

There's not much to analyze here.

@Sipho_Thenjwayo 8 месяцев назад

He has done a poor job here failed to mention reasons for the coup CFA and the Franceafrique policy have affect development in Niger

@lostinsamoa 8 месяцев назад

They need to get approval for their propaganda narratives first. This 'video' is full of lies and BS

@entropicpedro 8 месяцев назад

There is, but I don't think the audience would be interested. Pretty sure the Niger thing is an effort to capitalize on the comp contagion wave....

@adilator 8 месяцев назад

Thanks for using the correct map of Morocco mate.

@helenanitooo 7 месяцев назад

Make a video about Colombia's economy please!

@GeneMickeyMann 8 месяцев назад

France, like any parasite extracted resources from its colonies for its own benefit. This often involved the forced labor of local populations and the exploitation of natural resources. While Niger's current economic challenges can be linked to its colonial past, it's essential to recognize that the responsibility for addressing these issues primarily rests with Niger's own governance, policies, and international partnerships.

@chr016 8 месяцев назад

its unfortunate that hi do`s not mention that the country uses a currency that is minted in Frans and peged to the euro, and that dey were forced to sell there gold an uranium to Frans for way below marked price

@TheSingularityReport 8 месяцев назад

Responsibility definitely rest in the Nigerans to better their country but the west also needs to change its policy in Africa and stop seeing countries like Niger as just sources for exploitation instead of a population of young minds who would like the chance to grow their economies without facing corrupt puppet leaders installed by the west who block any investments that would challenge western hegemony in the region.

@Bakarost 8 месяцев назад

And what does regonizing do to help? Ok its the french fault. NOW WHAT Your virtue signiling did nothing to help

@jissedelavega2653 8 месяцев назад

You're not only clueless but also noisy.

@hyperpedro2868 8 месяцев назад

lol France buys uranium to Niger for about 300 millions of dollars every year which is most of Niger exports. Now it will go to dust because the new Russian friends don"t need uranium. And France will buy more to Kazakstan, Canada and Australia which are friendlier countries.

@pizzagogo6151 8 месяцев назад

Terrific run down, as always. So feel much better informed of the situation in central Africa, that’s said I’m not sure of the “ why it’s our crisis too“. Clearly a real potential for conflict & Tragic humanitarian situation but really not seeing how this is different (or more dangerous) than previous crises, for much of the rest of the world anyway?

@anmolllll 8 месяцев назад

Sort of like how Fran Ferdinand’s murder shouldn’t have been a everyone’s problem but it lit a flame in a room full of tnt

@Sipho_Thenjwayo 8 месяцев назад

He never mentioned the reason for the coup were the colonial tax system that the CFA and the fact that France buys a kilo of uranium for less than a dollar when the market price is 200 dollars or more the fact that they have been there for 10 or more and yet they have failed to help out significantly regarding terrorists

@Deathwink1 8 месяцев назад

kinda weird you did not care about france taking advantage and buying their uranium at lower rate but now its our crisis too the excuse you western demons use for your continued colinazation of these african countries is amazing

@kindi7421 8 месяцев назад

Because its not our crisis. Its the crisis of multinational corporations taking minerals from Niger for a pittance in exchange, forcing 40% of their annual revenue to be deposited in french banks, and controlling other commerce. Its about control, and the French would like to continue controlling their money and uranium by proxy.

@TheDCbiz 8 месяцев назад

@@anmolllllI completely disagree. Niger is not Austria-Hungary

@larsthorwald3338 8 месяцев назад

You're giving me another crisis to worry about? Sorry, I refuse delivery.

@finp9689 8 месяцев назад

at 0:51 the key for uranium mines says 'uranim mines', just letting you know of the typo :). maybe this'll end up in the end of year review.

@Whatthehank 8 месяцев назад

Great video as always , I’d love to see Dominican Republic in the Economics explained leaderboard.

@zesky6654 8 месяцев назад

How is Niger ranked above Lebanon I honestly don't understand.

@chiquita683 8 месяцев назад

But how does it impact Lebrons legacy?

@EconomicsExplained 8 месяцев назад

Lebanon's economy crashed worse than any economy in history, losing over 50% of its GDP in 2 years... It's not a judgement on the country and their beauty or culture, but just their current economic conditions.

@LebSonic 8 месяцев назад

@@EconomicsExplainedLebanon has a huge diaspora abroad that send remittances, the standard of living is still significantly higher in Lebanon than most African countries (including Niger), even though the economy is dysfunctional.

@willblack8575 8 месяцев назад

you have no idea bruh...you say its better to live in niger than lebanon?@@EconomicsExplained

@liasonlee1248 8 месяцев назад

The irrationality of neglecting other factors of economy other than the made-up statistics such as GDP.

@Brobrobagins420 8 месяцев назад

Let’s get these solar panels up baby… don’t do the math though on how many you would need to replace for instance… every semi truck in the US

@mikelangeloff 8 месяцев назад

What you marked as "the EU" in the map was actually the Eurozone

@darksnakenerdmaster 8 месяцев назад

Sure, it's a bad situation for the region, but the video doesn't really address the title. WHY is this crisis a potential flashpoint if the output is so small and the nation is so isolated?

@chiquita683 8 месяцев назад

Migrants

@dragano556 8 месяцев назад

@@chiquita683 Y’all can’t hate Africans all y’all want and twist history but Africa is fundamental to the global order whose role is to remain as a raw minerals producer for as long as possible and as cheap as possible. Everything is setup and taught from the global institutions to the academics they teach that Africa remain exactly where it is. If that continent were to industrialize at scale and became a manufacturing hub would require far less resources being exported and at a much higher price. Reducing the living standards and taking vast market share of European, Western and Asian economies. The consensus among the elite is that Africa has to continue this role for the good of everyone else. This is why there’s always coups on the continent to meet the interest of different superpowers every time there is a leader for the people. Africa isn’t hopeless there is something Africans can do, but it’s going to take just that Africans, any foreign aid is not and have not been genuine and only done to meet there own interest.

@BH-yk5cn 8 месяцев назад

I do not want Americans to die for French nuclear energy.

@jghifiversveiws8729 8 месяцев назад

Drought, hot cooling water throughout the summer, and maintenance bills are starting to catch up with the French nuclear sector; just last year they went from a net electricity exporter to importer around the same time that Russia cut Europe off from it's gas further stretching what little of those supplies remained. It'll be interesting to see how this Winter plays out.

@JCN2000 7 месяцев назад

Def knew what u we’re doing with that title

@johnr797 8 месяцев назад

If there's one thing I can take away from watching your channel, it's that the guy in charge of Greenland data collection for making comparative world maps needs to be fired.

@azizserin1707 8 месяцев назад

It would be amazing to see a video on the recent economic struggles Turkey is going through because of its delusional economic policy decisions, and how it is affected by its neighbours in the area 🇹🇷🇹🇷🇹🇷

@rifmaffia 8 месяцев назад

I am in Turkey now as a tourist and I am suprised how well turkey is built. I will never ever believe western negative propaganda about other countries. I love Turkey and hope Erdogan will rule forever. If Erdogan leaves then Turkey will be vazal state of the West

@phillantrop9637 8 месяцев назад

This title.... idk it feels odd and funny at the same time to read it😂

@kenny4957 8 месяцев назад

Are you 14

@jkr9594 8 месяцев назад

1:20 How could you ever have messed that map up that bad? Great video overall, but still...

@NikolausLife 8 месяцев назад

@4:22 why photoshop the radio active symbol onto cooling towers?

@GetDaDrawsDawg 8 месяцев назад

Provides 25% of nuclear "power" to EU but is one of the poorest countries? That's confusing.

@y0uCantHandle 8 месяцев назад

They are in Africa… this is not a modern phenomenon

@Godfrey544 8 месяцев назад

Wealth comes from the education of population not the land. That’s why South Korea is so rich. They invested all out on education

@gavasiarobinssson5108 8 месяцев назад

Rich in money but family structure is falling apart.

@1wun1 8 месяцев назад

Depends on how cheap they sell it.

@chalgoode6449 8 месяцев назад

Look at all these Eurasian self appointed "experts" that know everything about African history and politics. HILARIOUS. The jokes keep writing themselves😂😂😂😂

@RafaelW8 8 месяцев назад

At 1:20 when you said ".. cooperation in the EU.. ", you missed a few countries on the map. Bulgaria, Romania, Poland, Hungary, Sweden, Denmark and the Czech Republic. Unless you meant the Eurozone, which is a completely different thing. I suggest a correction is in order with at least a pinned comment.

@ColCurtis 8 месяцев назад

It's more dangerous as ore than after it's refined to yellow cake

@MYDOESofficial 8 месяцев назад

A video on Nigeria pls 🎉

@alexmartin6561 8 месяцев назад

It always makes me laugh seeing a state near the top of the rankings. lol

@liasonlee1248 8 месяцев назад

True mate, with half the country being homeless and broke. Niger looks more like heaven than "a state".

@wiseghost1 8 месяцев назад

⁠@@liasonlee1248 With all due respect, have you guys ever been to any 3rd world country? I’m sure that most homeless and broke in Cali live better than 99%+ of Nigerians. I totally agree though that people should absolutely not be broke or homeless in such economically developed areas of the world like USA.

@liasonlee1248 8 месяцев назад

@@wiseghost1 the rundown conditions of "third world countries", ever think how they came to be?

@liasonlee1248 8 месяцев назад

@@wiseghost1 With the resources western countries robbed from Asia, African and South American nations, "developed areas" such as America could have use it to feed and provide social welfare for it's citizens 1000 times over, and where are all those resources go now?

@NoobKing-lz2hb 8 месяцев назад

@@wiseghost1as a Nigerian that is false

@joesterling4299 8 месяцев назад

"Nih-JERE"? The French pronunciation makes sense--former French colony. But still, I've always heard it pronounced "NYE-jer" in English conversation.

@zacharygallenberger9243 8 месяцев назад

It’s a small difference, I’ve heard it pronounced both, though. There could also be a motivation to distance one’s pronouncing from a specific word, honestly.

@mbn9672 8 месяцев назад

It can be pronounced both ways

@yoru8876 8 месяцев назад

In my country, it's pronounced exactly like N word.

@mbn9672 8 месяцев назад

@@yoru8876 you’re so edgy and cool.

@GreoGreo 7 месяцев назад

@@yoru8876 Corny.

@AC98182 7 месяцев назад

Cape Verde chilling in the back, while coups and chaos happening on mainland

@ethribin4188 8 месяцев назад

The other goof thing about uranium, compaired to gas, is that its a very slow "burning" fuel. We, and Niger, have to to work out uranium shortages and the like. Unlike gas shortages. However, uranium IS much rarer and much less accessable then gas...

@bobrys12345 8 месяцев назад

There is a reason Poland isnt marked as part of EU at 1:20?

@viktorskorjanc937 8 месяцев назад

They mistakenly put a map of the Eurozone, not the EU

@1Kunglouie 8 месяцев назад

Looks like they used a euro map not an EU map for some reason.

@gavasiarobinssson5108 8 месяцев назад

It fell off the edge

@lineikatabs 8 месяцев назад

I was thinking the same about Bulgaria...

@Sunflowersarepretty 8 месяцев назад

I pray that they are able to resolve their issues and their economy improves. What really bothers me is tho is that any country that's doing worse their populations keep on rising while the stable country have the opposite. I just don't understand if I'm living a broke life why have many kids maybe one is enough? It's the future generations that have to pay the price while the adults are busy fighting.

@HerrZenki 8 месяцев назад

I think the "having many kids" part in poor countries/societies stems from survival. After all, poorer countries have higher rates of infant/child mortality so you have a lot of children as a result in the hopes that maybe one of them reach adulthood.

@organicod2438 8 месяцев назад

As if they even have a choice over whether they could stabilise their own country. Way too many external vested interests to let that happen.

@RedeemedPaladin 8 месяцев назад

In poor countries only way to not die from hunger after you reach old age is to have kids who gonna support you, and with high child mortality its good idea to have more that one kid

@iandavidvillaloboswong5180 8 месяцев назад

Because children bring happiness to the people despite the situation theyre living in

@CarrotConsumer 8 месяцев назад

It's important to remember that there isn't only an economic gap in these countries, but an educational one. They also lack access to contraceptives. The choice to have or not have a child is rarely based in rationality anyway.

@judelarkin2883 8 месяцев назад

Natural, unenriched uranium is only worth about $100 USD per kilogram.

@RagaarAshnod 8 месяцев назад

I didn't get notified that this video dropped

@PhilHug1 8 месяцев назад

How is this a global flashpoint?

@deathpony698 8 месяцев назад

More illegal immigrants

@alexyo2440 8 месяцев назад

Small hats have trouble controlling authoritarian countries without voting in their puppets

@AnirudhPsychPixel 8 месяцев назад

I've always been a big fan of this channel. This is the first time a title made me burst out laughing till I had tears in my eyes. Sorry😂

@jghifiversveiws8729 8 месяцев назад

May I ask why?

@somtheory 8 месяцев назад

You mentiond growth with it is the capitalistic meant that is designd to lead to resassions? Anyhaow if yes, do alternativ Growth mesurments ecxist that are more susteinabel?

@azamally7010 8 месяцев назад

Can you guys do a video on Guyana and their new found oil reserves

@Ingcivilcarlos 8 месяцев назад

You mean their found venezuelan oil reserves? Lol it's in disputed territories.

@dragano556 8 месяцев назад

Exon owns Guyana anyway take it up with them.

@azamally7010 7 месяцев назад

@@Ingcivilcarlos Only Venezuela is disputing the territory, the entire International community recognizes the Essequibo region as Guyana's sovereign territory. Thus, the oil reserve is rightfully Guyana's.

@user-iy4qn4kp6w 8 месяцев назад

01:19 Did not know that Denmark is not in the EU. Or Poland Or Romania Or half of the actual block :D Still - thank you for the video

@dragano556 8 месяцев назад

None of those countries attended or participated in the colonization of Africa in the 1884 Berlin conference 😊

@mrsupremegascon 8 месяцев назад

@@dragano556but Ireland, Finland, Baltic countries and Czechia who didn't existed at that time, did ?

@EnteiIsDoge 8 месяцев назад

Seems to be just the eurozone

@losclaveles 8 месяцев назад

Just watching to see if you rank Niger higher than Argentina, lol. I still think you messed up that ranking. A zero in stability is ridiculous.

@robertmazurowski5974 8 месяцев назад

Please show your N word pass.

@kingofhearts3185 8 месяцев назад

I don't know what he was smoking to come up with that.

@losclaveles 8 месяцев назад

In fact the economy is quite stable. You know the peso will be devalued 50% per year. Super reliable, lol.

@losclaveles 8 месяцев назад

Ah, well at least he didn't rank Niger higher. 3.8 vs 2.6

@Nonenone-rj9yp 8 месяцев назад

Are your score ratings normally distributed?

@gabih4594 7 месяцев назад

Do Romania next mate!

@FarsightAE 8 месяцев назад

Leave them be, cut all aid, reject all "refugees". Let them deal with whatever happens themselves.

@CarrotConsumer 8 месяцев назад

You're condemning millions to death because you can't be bothered. You're either incredibly evil or incredibly lazy.

@nero1727 8 месяцев назад

@@CarrotConsumer Europe should just take in everyone in Africa right?

@dragano556 8 месяцев назад

Y’all can’t hate Africans all y’all want and twist history but Africa is fundamental to the global order whose role is to remain as a raw minerals producer for as long as possible and as cheap as possible. Everything is setup and taught from the global institutions to the academics they teach that Africa remain exactly where it is. If that continent were to industrialize at scale and became a manufacturing hub would require far less resources being exported and at a much higher price. Reducing the living standards and taking vast market share of European, Western and Asian economies. The consensus among the elite is that Africa has to continue this role for the good of everyone else. This is why there’s always coups on the continent to meet the interest of different superpowers every time there is a leader for the people. Africa isn’t hopeless there is something Africans can do, but it’s going to take just that Africans, any foreign aid is not and have not been genuine and only done to meet there own interest.

@mbn9672 8 месяцев назад

Haha you think dirty france is going to leave africa alone, you’re so naive and infantile.

@robertmazurowski5974 8 месяцев назад

Who gave you the N word pass?

@bigsarge2085 8 месяцев назад

Interesting.

@salvadorpena8225 8 месяцев назад

Please do the Dominican Republic 🇩🇴 . Big fan thanks for all the content.

@epithos 8 месяцев назад

The real issue was finding out one of my main logistics officers in eve was from niger and has unreliable internet now.

@IxNOvaSNipezxI 8 месяцев назад

Bro didn't even make mention of the Franc or how France still has a stranglehold on West Africa till this day. So much for being an economics guy. You're no better than a liar, cause you're omitting so much relevant info and knowing how people are they'll settle for racist conclusions for certain things stated in this video..

@CarrotConsumer 8 месяцев назад

France barely has a foothold in Africa these days.

@dragano556 8 месяцев назад

@@CarrotConsumer well that’s just not true is it, France essentilly still runs a quasi colonial empire in west Africa. France has just been loosing there influence because of Russians and Chinese growing influence.

@MonkeemanDrip 5 месяцев назад

Will you some day explain economies of the Central Europe? Thanks

@LloCiDul 8 месяцев назад

I love thay theyre just using video game music in any youtube video nowadays.

@organicod2438 8 месяцев назад

Oh, how convenient for the US that every time China tries to build a pipeline from Niger to the ocean that instability breaks out in that neighbouring country. 😂

@MrLunahalo 8 месяцев назад

uh hun, cuz the US wanted pro west leadership to be overthrown... sure. They definitely prefer a the Russian flag waving military junta to rule instead. Or it could just be China is willing to make risky bets and sometimes loses, who would have thought!?

@Godfrey544 8 месяцев назад

They were waving Russian flags bro

@organicod2438 8 месяцев назад

@@Godfrey544 Hey, maybe it was the Russians! Could be them too. No American would ever wave a foreign flag. Either way, Niger loses.

@Tonyxshonen 8 месяцев назад

This! People keep acting like this is just “dumb Africans who can’t figure it out and keep fighting for no reason”. It’s so reductive. If you think in 2023 there aren’t intelligent Africans who are aware of what’s needed to build their countries then I have no faith in humanity.

@lewis123417 8 месяцев назад

@@Tonyxshonenits also unfair to blame all independant africas problems on their former colonisers. Its been almost 100 years since independance

@ethribin4188 8 месяцев назад

China's Belt and Road initiative is basically the same thing the usa has been doing for decades. With one major, and significant, difference. The usa is a libertarian, partualy isolationistic nation, who prefers the world to run by itsself so it can benefit from it. China however is an very authoritarian collectivist nation, with huge agressive expansion tendicies. So yeah...

@jujingyi94 8 месяцев назад

Prefers the world to run itself by doing coup and policing everyone.😂

@geesixnine 8 месяцев назад

True but the problem the US has been happening is overspending and inflating it's own currency.

@iandavidvillaloboswong5180 8 месяцев назад

Expansionist...China isnt the one flying jets on the other side of the world

@tipodeincognito5660 8 месяцев назад

@@iandavidvillaloboswong5180 They are rewriting maps and having low key conflicts in which they try to take parts of India and other neighbours right now. Theres the Tibet issue, the taiwanesse too, and they sure want to neocolonize africa too. They are expansionist, and dont hide a bit.

@ethribin4188 8 месяцев назад

@@iandavidvillaloboswong5180 doesnt matter. What the intention with those jets is, is what matters

@OpEditorial 8 месяцев назад

A landlocked country, that literally looks like a fish out of water.

@jamescat2386 8 месяцев назад

not going to mention the CFA franc system?

@KingOfHithlum 8 месяцев назад

Great that you skipped the horrors of colonization which is responsible for the inherent instability in the region. Kudos to you😊

@scotthart7294 8 месяцев назад

Honestly at this point some 100 years later the problems stem from corruption not random long dead white people. France is an a$$hole; no one denies this, but the opening for them to exploit the natives only excised because of corruption.

@fietereim8190 8 месяцев назад

I wonder how much longer you will bring up this excuse. South Korea made it within only 30 years. But I guess we shouldn't expect the same from Sub-Saharan-Africa, because "reasons".

@SuperKillerdog 8 месяцев назад

Until Africans are paid, why did the colonists develop New Zealand and Australia, but extracted Africa’s wealth, left the people uneducated and but the worst of them in power. So, yes colonialism is 100% to blame.

@alexyo2440 8 месяцев назад

@@SuperKillerdogNot colonialism, it's called world jewry

@dragano556 8 месяцев назад

@SuperKillerdog 8 месяцев назад

Africans are waking up slowly, a developed Africa is bad for the rest of the world, that is why they did everything to remove all the western leaders.

@elon6131 8 месяцев назад

Never heard it pronounced that way before, sure is a fun one.

@sajjanm01 8 месяцев назад

Do one for Nepal mate

@MoanTheCelts 8 месяцев назад

The borders in Africa where drawn by ‘us’ Europeans, same in north, Central America and the Middle East. The amount of straight lines is the colonialists going ‘it looks the same. The people look the same. This side is British, this sides French, this southern part is Dutch’. Other countries - Italy, Spain, Portugal and Germany, etc.

@useodyseeorbitchute9450 8 месяцев назад

Well, as long as diversity is strength, they should be fine...

@GuerreroMisterioso95 8 месяцев назад

Did you know that the borders in the Americas make all the sense in the world if you knew that these countries aren't interchangable? Go educate yourself instead of spitting empty platiudes like a hippie.

@lilboyblue3000 8 месяцев назад

Lol the Europeans should hand then a pencil and erasure then. They can go ahead and correct the borders amongst themselves.

@talldude1412 8 месяцев назад

@useodyseeorbitchute9450 dumb comment. The issue is the borders were drawn intentionally to limit the potential of the countries involved. Europe didn't want a strong African power to contend with, so landlock some, make the coastal nations small, and leave them without any useful institutions to remove themselves from being anything more than raw material farms.

@useodyseeorbitchute9450 8 месяцев назад

@@talldude1412 So are you suggesting that diversity is not a strength but "limits potential"? Uhm... then we would need some policy adjustment ASAP. Back to point. Do you really think that anyone in XIXth century Europe at that time cared about local ethnic details or considered Africans as able to do start an industry?

@manelisimartin 8 месяцев назад

Make a video on the economy of nigeria plzzzzzz!!!!!!!!!!!!

@Weaseltube 8 месяцев назад

It's frustrating to me that a location as favourable to solar production, and with the support of China, the world's greatest PV panel producer, is pushing fossil fuel extraction for energy instead of solar. Which is also cheaper (at least in the developed world) per unit energy than any carbon emitting energy source. I can't imagine warring factions going to battle over renewable resources either. Imagine a country with abundant cheap, youthful labour, cheap green energy, and unhindered access to the Mediterranean and Atlantic. What great things could come of it?

@deathpony698 8 месяцев назад

China needs their oil, thats why

@iandavidvillaloboswong5180 8 месяцев назад

You would have to cover the entire desert to make solar a thing. Oil is much cheaper than that. All the land youre going to need is absurd

@Weaseltube 8 месяцев назад

@@iandavidvillaloboswong5180 You're speaking from a place of ignorance. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7OpM_zKGE4o.html @deathpony698 gave the correct answer, which is embarrassingly obvious now that he said it.

@dragano556 8 месяцев назад

⁠@@iandavidvillaloboswong5180 theres a video somewhere on RU-vid where they did the math and you don’t need nowhere near the whole coverage of the Sahara Dessert with Solar Panels to meet the energy requirements of the ENTIRE WORLD. I found that mind boggling but they also went on to explain why that isn’t feasible because we don’t yet have technological capacity to Store that much Solar energy and the amounts of cables needed to wrap the globe is not practical. But I wonder if they can still do that with just the African continent or perhaps even just half of Africa. 🤔

@My_Old_YT_Account 7 месяцев назад

Solar is just garbage

@just_a_turtle_chad 8 месяцев назад

Just know the further this situation escalates the closer we get to Biden trying to pronounce the name of the chicken drum country on national television.

@gavasiarobinssson5108 8 месяцев назад

😂