The World’s Most Successful Failed State

[@aigai83]

I lived in Malabo for a year, working for a construction company. This video is well prepared but you will never understand the level of corruption, and level of authority unless you live there. The most corrupt place I ever lived, by far, and just consider I lived in Belarus, Russia, and Mozambique as well. No place I've ever seen reaches the level of corruption in EG. It's been more than a decade since I came back from Malabo, but to this day if I sleep uncomfortably I see that I am going back to live there in my nightmares. Hate hate hate that place. Don't get me wrong, I love the locals, those people have nothing. No running water, no access to clean water, health care, proper education, or anything. Still, they're always friendly and despite the hellish conditions they are living in, they always have big smile on their faces. However, they have the most corrupt, the absolutely worst police force possible. Not a single second I felt safe in that island, I was anxious each time I saw a police car. If you are a foreigner, police will for sure stop you and they will steal your cash. If they don't like the amount, you'll be thrown into jail. If you're a local, police will beat you, torture you, do whatever they want. That psychopath who calls himself the president built thousands of modern apartment blocks in Malabo, thousands of apartments. All were empty. I have no idea why they were built, to keep them empty. especially while most of the locals were living in tin roof huts with no running water, no power, with absolutely nothing. Where else thousands of apartments with power, running water, and proper infrastructure were waiting there empty. I've never seen such cruelty in my life. Imagine you're someone who lives in a dark, tin-roof hut infested with rats and you watch those empty buildings. Despite everything, locals were like diamonds. Always a big smile on their faces, always helpful and friendly.

[@HoursFreeAOLsp]

Thanks for sharing, hard life makes tough people. We Americans wouldn't last half as long as these people when shit hits the fan.

[@halleyoey9535]

but theyre friends with usa (oil company 😁) so democracy is not needed there

[@waspwrap1235]

@@greedo9543Sure we wouldn’t. Even though it’s a two party corporate dictatorship with a history of targeting workers movements here and abroad, and popular policies fail to get passed and the police regularly crack down on peaceful protests

[@waspwrap1235]

@@greedo9543 What then do you think is tyranny? How is a society where popular policies not getting passed, a society that has conducted raids such as the Palmer raids to target socialists and workers movements, a country where the police regularly attack peaceful protesters, a country that bankrupt people trying to get affordable healthcare, a country where government officials are perfectly allowed to trade stocks, you don’t think at all this comes off as totalitarian?

[@Tethloach1]

@@greedo9543 How the USA would turn into a dictatorship: 1. A popular war hero rules America 2. The war hero changes the laws to get more power 3. Failed attempts at stopping the war hero from ruling 4. A foreign threat is used to justify random police arrests 5. Military spending sky rockets 6. Perpetual wars happen 7. Freedom of speech is changed

[@Und3AD_00]

This guy LOVES GDP.

[@amienabled6665]

I love big gdp per captia really gets me going 🥶

[@500ccRabbit]

Built for GDP

[@crow8067]

Never heard of the guy

[@TheEpikalREKT]

GDPOOP

[@ghgvxcb8105]

I love EDP

[@tjsogmc]

I did some research on EG a few years ago because I was offered a job there in the oil industry. Everything in this video is very true, but omits one of the major problems with the country. Everyone who is "human" lives in the cities, everyone else in the country is considered part of the animal life. Slavery is not illegal, it's just "discouraged".

[@Kay-kg6ny]

Oh my gawd.

[@ludlowaloysius]

Seeing as Africans sold tens of millions of their kin into slavery, im not surprised that africans don’t see each other as human beings.

[@zaichizaijan4235]

Oh god

[@itsmekj3325]

😟

[@zhcultivator]

Modern-day slavery and Eritrea says hello

[@oyugioyugi6018]

I am Kenyan, and I remember a teacher telling us that smoking weed can make you a psychopathic murderer because Francisco Nguema used to smoke a lot of weed. Scared the crap out of me as a kid haha

[@findunjeu]

that's hilarious lol

[@fan8281xx]

Nguema estaba LOCO de atar

[@Eurobeat_fan]

I mean smoking weed could trigger psychosis that's the biggest hazard about weed that nobody dares to talk about, but psychosis does not inherently cause violence it actually greatly increases your chance of being a _victim_ of crime

[@Wo9i7sj5l2a]

Propaganda by the govs

[@stevensamuels4041]

​@@Eurobeat_fan i from germany, known so many people who weeed destroyed them mentaly. The worst Part is they reaseachr data that Smoking weed is ok, and Alkohol is worst . No both are them are in they Respekt dangerous, weed makes you a week degenarte😊

[@tsardudebroii]

You forgot the damn insane part of Fransisco Nguema's story. He called himself a "Marxist-Hitlerist" and said that "Hitler wanted to liberate Africa, he just got distracted." I can see why everyone thought he was insane. He is TNO's Burgundian System ideology, but as a person. Only like 2 people can claim that title.

[@hatinmyselfiscool2879]

He was literally psychotic. Like not in a insulting way, he had genuine psychosis from drug use.

[@highchairman6428]

@@hatinmyselfiscool2879 That's insulting to the people with psychosis from drug use who aren't thinking they are the second coming of Hitler. /joke Fr how could someone even take up that kind of title? That's just crazy

[@hatinmyselfiscool2879]

@highchairman6428 idk, when you take psychedelics your whole life that seems kind of influencal too me. If psychology at the time was actually a proper science in spain then maybe he would have been alot more reasonable but his visit for psychiatric help in barcelona apparently didn't do the intended work.

[@Athenaa13]

Not really Burgundian System. Since he didn't genocide non Aryans for being non aryans

[@amarevanhook7453]

Hitlerist????

[@beluga115]

This is downright evil. What hurts more is that these leaders never get what they really deserve...

[@stefanschleps8758]

🤔🤔

[@90sgdx]

​@@AhmedAli-kt1ezbelieving in something doesn't make it real

[@atilla4372]

The "democracy upholders" are always quiet when it comes to these ones. Fair elections are a rarity. As an African, i prefer not to have to leave the continent to prosper.

[@atilla4372]

​@@AhmedAli-kt1ez Judgement day will not be nice to them. I hope its real.

[@hornetguy9063]

@@atilla4372it’s strange that “democracy upholders” only seem to care about democratic systems that benefit them. A great joke about the EU that I heard is that they’ll allow countries to hold elections, and just keep trying again until they get the result that they like.

[@Sam_Sam2]

Equatorial Guinea is like the most authoritarian nation to ever exist only 2nd to places like Eritrea and Turkmenistan. I’m surprised Hoser did video on it.

[@RK-cj4oc]

North Korea

[@vgaming9704]

North Korea is Totalitarian not Authoritarian.Whole other level@@RK-cj4oc

[@ghgvxcb8105]

Canada

[@MacTac141]

@@ghgvxcb8105Lmao if Canada isn’t democratic then no one is

[@aedanokelly5794]

@@ghgvxcb8105privileged people in some of the richest safest countries in the world, like Canada, comparing their country to someplace like Equatorial Guinea because they got told they shouldn’t be racist anymore, is such privalege.

[@andreasottohansen7338]

It is frankly amazing how often the story of a former colony is "They gained their independence, installed a native government, who then just continued what the colonizers did".

[@iratepirate3896]

It's worse. Under the Spanish they at least had good healthcare facilities and schooling. Those are both long gone.

[@orrorsaness5942]

@@iratepirate3896this

[@nathanseper8738]

@@iratepirate3896@iratepirate3896 The Belgian Congo is also a tragic story: it went from being a brutal slave state to a paternalistic but still well-run colony to a broken kleptocracy under Mobutu.

[@adama.kamara]

As a Sierra Leonean 🇸🇱 Many elders miss colonial times because basic needs were provided, quality education, roads, clean water. Now, the elders are more educated than the younger generations post independence. Sometimes colonialism is good for the people of a country.

[@Toto-95]

LOL it's WAY WORSE than the colonizers (mostly, Belgium was pretty hardcore but some were more ok like France)

[@orboakin8074]

As an African (Nigerian, specifically), i will never stop saying that dictatorships have never EVER done anything good for Africa. As flawed as democracy is, it is far better than tribal authoritarianism.

[@salamantics]

I think that in some instances monarchism is a safer bet for a country than democracy, Afghanistan for example. If everyone is rural and does not get frequent updates about their government, the democracy becomes corrupt and unstable. A monarch isn’t necessarily a better ruler to its people, but it does tend to last longer as a government than an imposed democracy under those conditions. I was a little surprised to see a Nigerian national being fundamentally opposed to dictatorship, although with the african Great War and the historical individual rulers of African countries it makes sense.

[@orboakin8074]

@@salamantics You have a point, friend. Monarchism does work but in special circumstances and locations. Why it doesn't work for much of us in Africa on a large scale is that our nations are too tribally diverse for it to work. Hence why civic nationalism, democracy and federalism is what you usually see here, especially in Nigeria.

[@Beroean30]

Dictatorships dont help anyone...whether its Russia, Saudi Arabia, North Korea, etc. which are in practice absolute monarchies.

[@awellculturedmanofanime1246]

W opinion

[@omarrgab1090]

And democracy is not the best system to rule

[@SupremeLeaderKimJong-un]

The wildest thing Francisco Macías Nguema did: On Christmas Eve 1969, Francisco targeted dissidents by rounding them up in a stadium and having soldiers dressed as Santa aim at them while Mary Hopkin’s Those Were the Days played to cover their screaming. And for those who weren’t aimed at, had to bury themselves up to their necks and be eaten by red ants. But regarding the Black Beach prison where dissidents have been imprisoned, when his nephew overthrew him, Francisco was fittingly sent there where he was finally executed by firing squad in September 1979. A fascinating fact about Francisco Macías Nguema is that Francisco's daughters and son Monica, Maribel, and Paco, were all sent to be raised in the DPRK with their mother in 1979 to study and reside under the care of Kim Il-sung. Monica for example was only seven when this happened. However, just months after their arrival, Francisco was ousted that year, so them and her mother were stranded in the DPRK. Soon afterwards, her mother left, abandoning them. Despite this, Kim Il-sung continued to fulfil his promise to take care of her and sent her to a military boarding school, regularly checked in on her, and helped her graduate Pyongyang University of Light Industry. She viewed him as a second father.

[@cjBless-zi5wv]

What a wicked act

[@ivanmatusic5540]

Maybe its time for people of Equatorial Guinei to be freed with some communism?

[@killgoretrout877]

lol thats how they ended up here in the first place @@ivanmatusic5540

[@fan8281xx]

@@cjBless-zi5wv Which one: yours or their mother's?

[@lucashfaria98]

Equatoguinean ruling family is so wicked that they had me sympathizing with Kim Il-Sung for a moment... Damn

[@TIENxSHINHAN]

Africa is such an interesting continent because half of the problems there are due to the fact that the freedom fighters and revolutionaries of the 20th century became corrupt dictators and are still in power to this day. Now that the leaders of the post-colonial era are starting to die off or get overthrown, you're starting to see the continent stabilize and develop because they don't have sociopaths as leaders anymore. Something that's also interesting about the old African revolutionaries is that most of them were "Marxists" and "communists" but pretty much all of them created some of the most ruthlessly capitalist countries on the face of the planet. Once you read up on them, you find that many of them never actually cared about socialism or communism and only adopted the ideologies in order to receive military support from the Soviet Union.

[@overbeb]

Leaders like Thomas Sankara truly believed in a socialist future and like most of his radical contemporaries they were killed to make way for fake independence and continuation of brutal, authoritarian extraction economies which only serves a tiny elite.

[@shauncameron8390]

@@overbeb For every Thomas Sankara, there was Mengistu Haile Mariam and Mohamed Siad Barre who turned their countries into the poster-children for everything gone wrong with post-colonial Africa. Both of the countries were USSR-backed. Ethiopia = famine. Somalia = failed state

[@yakobsoulstorm5187]

In fairness when fighting for the freedom of your country you’ll take whatever you can get.

[@WHATISUTUBE]

These are far from market economies. Especially when industries are state owned.

[@granda3649]

Truthfully, the Cold War was never about Economics, it was about the Soul of the Nation.

[@Joridiy]

Fun Fact: during the decolonisation, Bioko (Fernando Pó back then) was the one asking Spain to get a separated independence from Río Muni while Río Muni wanted a conjoined independence together. In the end, Bioko ended getting the better part of the deal, with a better development than Río Muni.

[@colonelcorn9500]

Fernando must have taken a really big poo then

[@ferretyluv]

Hehe, poo.

[@NapoleanBlown-aparte]

Hehe, poo

[@easytiger6570]

Hehe, Poo

[@hendi1571]

That's utterly incorrect.

[@corey2232]

For a long time I used to think the problems across Africa were the after effects of European colonialism, but while that may be partially true, it's become clear that's no longer the biggest issue. Political corruption has completely destroyed so many of these countries. It's like these people saw how bad colonialism was & thought "why don't we kick this up a notch!" It's just sad to see... Even when the oil runs out & these dictators lose their money, it'll just plunge the country in more chaos. Warlords vying for what little power & territory they can control will trash what's left of the country, and the average people are the ones who will suffer most

[@yakobsoulstorm5187]

It’s still a consequence of European colonialism. These countries have basically never known stability. Of course they’re going to produce ruthless and ambitious individuals who don’t care for anyone besides themselves. Those are the kinds of people who survive.

[@dannyarcher6370]

Speaking as a South African, I can tell you the problem is culture and IQ.

[@Sceptonic]

​@@dannyarcher6370based

[@memeaccount5898]

But even then, the warlord can't do all by himself. The military forces that serve under him are still made up of average people, that for some reason would rather watch their country crumble instead of rebelling.

[@oatdilemma6395]

@@yakobsoulstorm5187 Will it still be a consequence in 50 years? 200 years? At some point they have to get their stuff together man, can't keep blaming the past.

[@LarryNgetich]

I'm Kenyan and I didn't know this place existed. Thanks, hoser! The corruption is unreal considering how bad I thought we have it here.

[@MalevolentBite]

That's sad you don't even know your own continent.

[@gerald1495]

​@@MalevolentBitewould you find it odd for a Lithuanian to not know about Luxembourg?

[@MalevolentBite]

@gerald1495 Yes, because I am American and I know what luxembourg is. But maybe because I like maps and history.

[@joe_lubinda]

​@@MalevolentBitedude some Americans don't even know how many states the US has or what the capital city is

[@MalevolentBite]

@Joe-official I am not speaking for all Americans, plus most Americans are not even really american ( some are second generation american) or newly citizens from immagration. So that's understandable. He's home grown Kenya and Kenya is not a big country with mass immagration so I am going to assume he's home grown he should know that information. America is such a big melting pot they litterly have 6 communities in one city that nobody doesn't speak english. And I know for a fact non of them know all 50 states. But the average 40 year old American definitely know american history. These new kids probably not.

[@pablothewartortle3143]

I think a “how are the Ex-Soviet states doing today” would be pretty interesting.

[@thecomment9489]

Other than Russia, no ex-Soviet state has ever launched a spacecraft into the orbit. Or sent astronauts into space.

[@benas_st]

@@thecomment9489 The most important metric when it comes to the success of a country lmao

[@thecomment9489]

@@benas_st Even if not most important but a very important one. You don't launch a satellite or astronauts into space out of the blue. It takes years of dedication, hardwork and competence and of course focus and education to make that possible.

[@dzonikg]

I thing would be same like Yugoslavia.If you see wealth in 1980 off Yugoslavia republic and compare to 2023 difference is alsmost totaly the same ,almost to 1% ,even 43 years passed ,system changed ,there was war ,some are iN EU ,some not but difference in republic wealth is totaly the same now like in 1980.So is not about system but mostly people

[@diogorodrigues747]

With the Baltic countries being exceptions (they managed to join NATO and the EU while Russia was in turmoil during the 1990s), the ex-Soviet states are not in great shape: - Central Asian states are all lead by corrupt authoritarian oligarchies and Soviet dinossaurs, and the same can be said for Belarus; - Russia is still a military power because they inheritted most of Soviet weaponery, military industry equipment warehouses and nuclear bombs. If you take out the military power modern Russia is only a shadow of what the Soviet Union or the Russian Empire was in the past; - Post-Soviet Azerbaijan is basically ruled by a Sultan that has expansionist goals and it's supported by Erdogan and, indirectly, by the US. The country is incredibily corrupt and it's only on the Western block of influence because it has lots of natural gas; - Armenia has been under a deep conflict with Azerbaijan for many decades already, it's one of the poorest countries in the post-Soviet space with lots of inestability. They only managed to stay afloat because they were basically forced to get under the Russian sphere of influence, while Azerbaijan became an ally of Turkey (the West), and because of that they kept a somewhat democratic state for the last 20 years. However recently Russia betrayed Armenia by not deploying their CSTO "peacekeepers" to Artsakh, so things could change in the near future as Armenia is not a Russian ally anymore;´ - Moldova was an incredibily poor and corrupt country also because of Soviet dinossaurs and oligarchs. On top of that they even have a break-away region called Trasnistria, which is like a travel in time - it's like as if the Soviet Union never ended. Things have improven lately though, as Romania, next to Moldova, started to have big economic growth. Right now Moldova is even a candidate to join the EU; - Georgia and Ukraine tried desperately to resist intense Russian influence and join the Western world and European society. Georgia unfortunately failed in 2008, although they still keep their sovereignty at some degree. Ukraine still resists, with some help from Western countries during the full-scale Russian invasion.

[@somekek6734]

Man this video reminds me of Geography Now doing a vlog there and just showing all the good and new projects without any critical approach. He even said that Bioko is home of 80% of the people. I don't even know where paul got that number. Thanks for exposing the real situation of Equatorial Guinea.

[@lincolnlog5977]

Yeah Geography now is bad because he completely ignores, or feels he has to sugarcoat when countries are doing evil things

[@scorpixel1866]

@@lincolnlog5977 It's always telling when the only thing those channels can say about a country is "the landscape is very beautiful" or "the people and food are very nice".

[@republicadominicana8589]

Ya'll still watching gEog n0w! in 2023? his channel peaked in 2016-ish and after that his annoying friends chip in it became a corny show. now he's conserving the episodes and got mad when saying those things.

[@daikonyum3688]

Geography now really sugarcoats EVERYTHINGGG he rushes through the bad parts like when I watched the Trinidad episode (I’m from Trinidad btw) he barely even mentioned the Venezuelan immigrates he’s probably going to say Venezuela “The gem of South America!”

[@hugosetiawan8928]

I hate that channel since he did Indonesia so dirty. In the international relations he just put "Indonesia's best friend is japan because indonesians love japan" bro how tf is that an indicator of a country's foreign policy thats so stupid! He's really biased and it shows with the length of his new videos

[@eriqmav]

Africa as a whole has so much potential but the "leaders" are holding the continent back

[@fjooyou]

Nah, Africa as a whole is a pretty hostile place for development.

[@g.williams2047]

Africa has too many issues. North Africa are just vassals for the Saudi's/Iran, South Africa is in the midst of showing everyone what control via demographics does to a once-nuclear power, and the rest tears itself apart regularly and is only propped up by food imports by the US.

[@thecomment9489]

Because all the good African leaders were couped by Western backed thugs who then continued to violate human rights in exchange for allowing Western corporations and capitalists to exploit and appropriate their resources.

[@tomlxyz]

​@@fjooyouidk, many Africans seem to be pretty creative to work around all that corruption and lack of available resources

[@natebox4550]

@@fjooyoumy guy it is one of the most resource rich places on the planet.

[@alexv3357]

To develop an economy, you need rule of law and inclusive politics. The state monopolies and extractive, exclusive institutions that prop up kings or single-party dictatorships can grow briefly but ultimately will always stagnate.

[@probium2832]

Equatorial Guinea was once called the North Korea of Africa, taking away Eritrea's position. I beg to differ, because it was arguably the *Dachau concentration camp* or, more appropriately *Democratic Kampuchea* of Africa until Francisco Macías Nguema was executed. It's gotten better over the years but it's still extremely corrupt and if it weren't for the insane riches that the few have, it would be a least developed country. Also, child porn is still legal in that country...

[@erickpalacios8904]

See you been reading Acemoglu & Robinson ;) good on ya! Equatorial Guinea is the perfect specimen.

[@omeganik]

this guy clearly read Acemoglu and Robinson lol

[@bootmii98]

China proves that rule BY law is enough

[@alexpotts6520]

I'm not so sure. It is possible to be a truly wealthy economy and still have corrupt, authoritarian politics, eg Saudi Arabia.

[@fnord4960]

Also regarding Fransisco Nguema, he had about 186 dissidents executed in Malabo’s national stadium on Christmas Eve. All the executioners were dressed as Santa Claus, while “Those Were The Days” played over and over again.

[@hidokun9145]

But I can't stand seeing this kind of leader anymore. Even those from ancient times seem better to me, even the violent ones. Because generally, he had to respect social order/public opinion, ancient customs or laws to be able to remain legitimate. And the penalties, even if they were today, are seen as brutal, it was part of the judicial spectrum considered normal, because societal mores on violence were different. (The only times when violence was more or less limitless (there were still warlike customs, more or less respected), were during wars and the repression of rebellions.)

[@cossiosandovaljorge6086]

I love seeing my country make a little cameo in your video. Your animal countries always look so cool. Although i would have liked it if you had use our national animal, i guess just like how you choose the buffalo over the eagle for the usa, the alpaca is more emblematic than the cóndor. Either way, i really enjoy your videos that allow me to see the geopolitical situation of countries that have it rougher than us. Love from Bolivia

[@bibirimas5854]

Siento desilusionarte pero las cosas en guinea ecuatorial están mejores que en muchos países latinos...... Aquí hay un montón pero un montón de latinos...... Preguntales a ellos cómo es vivir aquí........ Y deja de seguir videos políticos

[@vipidd]

as a spaniard, i would absolutely love to visit equatorial guinea but not Bioko. I would love to visit Rio Muni, I feel like that would truly show me a better perspective of what the country is really like.

[@kentozapater8972]

ESPAÑA MENCIONADO!???🗣️🗣️🗣️🇪🇸🇪🇸🇪🇸🇪🇸🇪🇸🇪🇸 QUE ES UN GOBIERNO????? 🇪🇸🇪🇸🇪🇸🇪🇸🇪🇸

[@curbyourshi1056]

Corrupt Africans! Well I never!

[@kentozapater8972]

@@leotorol our rail system is full of inefficient and unnecessary rail roads that wee built because of corruption, sure Barcelona-Madrid highs speed is viable, but the rest of the infrastructure receives almost no passangers

[@hannankhan2507]

@@leotorolI don’t think you get his comment. He’s saying y’all are funnily as you mentioned, too “progressive” and EG is conservative. Also, your last point reference the American stereotype of having expensive healthcare when you don’t even know if he’s American?

[@leotorol]

@@hannankhan2507 yeah am reading it again and maybe I misunderstood. I thought he was american cause I just asociate conservative people to being richer than most so my first instinct was to think he was american Cancelar Responder

[@DonPedroman]

As a Spanish I have read in the internet both equatoguineans that say " we would be better if we remained with Spain " and those who say " everything wrong nowadays is fault of the Spanish " , it makes me laugh a lot. Strength to my brothers in tropical Africa.

[@Spirelord]

Both can be true at once

[@My_Old_YT_Account]

Same bullshit they say about France in surrounding countries with similar issues

[@ifiked4480]

both are true, they were defenetivily better being colony of spàin that they are now. and is some fault of spain for no making a democracy when the country reach independence but before independe nothing is fault or spain

[@TaLeng2023]

As Filipino, it's hilarious when I find Filipinos still blaming Spain. FFS we've been through the Americans and Japanese too!

[@agme8045]

@@ifiked4480as an Argentinian, why is it Spains responsibility that EG has a failed democracy? We fought for our independence in Latin America, and we built our democracies out of thin air. Any country can do the same. Specially EG, since they were never a Spanish Colony, they were a part of Spain, basically another province.

[@BrickBar45]

I love the content hoser! Keep up the good work!

[@ghgvxcb8105]

I bet you like gay people

[@christinemurray1444]

It's frustrating to see so much wasted potential and such squandered resources.

[@KamalasNotLikeUs]

Exploitation is frustrating. Focus on your own potential to finally behave like a human being.

[@WayneMadzimure]

This was well researched. Keep up the good work

[@lukas_s_ss]

I dont think that Equatorial Guinea was the richest nation in Africa ever. Even for those few years, Seychelles and Mauritius were richer by GDP per capita i think.

[@hasinabegum1038]

Seychelles and mauritius was never richer then Spain but Equatorial Guinea was

[@h0ser]

Continental Africa*

[@setsunatenma9467]

I am from mauritius. I wouldn't call ourselves rich. Most of our money comes from tourism and we have no natural reasources

[@lukas_s_ss]

@@setsunatenma9467 well according to GDP per capita, u are second after Seychelles and according to Human development index, which actually measures more than just GDP per capita, so it is more accurate, Mauritius is first in Africa

[@Banom7a]

@@setsunatenma9467 while not rich but i think Mauritius is still in better position than most west african country

[@afanasymarinov2236]

Equatorial guinea is a wealthy Island ruling over an impoverished continental colony that goes by the same name.

[@fan8281xx]

The "islands" did NOT wanted to leave Spain, if only NEVER with the continentals

[@canalmedusa123]

I love your content, bro. Keep doing this good work

[@pacoramon9468]

My favourite quote from Teodoro "In Ecuatorial Guinea there isn't poverty, there is misery".

[@mayor-o1w]

Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing.

[@anilhettiarachci8467]

Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

[@FreyaFreya3]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement

[@mayor-o1w]

@@FreyaFreya3 Sarah Jennine Davis is highly recommended You most likely should get her basic info when you search her on your browser.

[@วิทยาคงกะพันธ์]

​@@mayor-o1wHow do I access her ? I really need this

[@mayor-o1w]

+156

[@afanasymarinov2236]

The most confusing and bizarre thing that people call a country that currently exists: Equatorial guinea never fails to provide us with ridiculously interesting material for a KZbin video.

[@mareksicinski449]

huh?

[@probium2832]

You probably already know the insane corruption of its leader, but the predecessor was known as Africa's version of Pol Pot. Also, child porn is legal in Equatorial Guinea.

[@republicadominicana8589]

@@probium2832 lol that funny 😂😂

[@hyperion3145]

​@@probium2832 Every time I hear about Equatorial Guinea, it's some new fucked up shit that makes me wonder if it even exists and how

[@afanasymarinov2236]

@@republicadominicana8589 What exactly is funny about genocide and child photography?!

[@tonysoviet3692]

I think you should look at Guyana next if small suddenly filthy rich state is your cup of tea. Guyana is literally a lottery winner in 2022-2023 and no one seems to cover that in details!

[@xxxnasodinationxxx4400]

On paper the GDP has increased, but in reality change is slow…everything is still under construction. It will take 10-20 years for real change to impact the lives of people. I am from Trinidad and many Trinidadians have begun investing more into Guyana…they face major infrastructural challenges…Much of the country is disconnected. Hoping this revenue resolves that.

[@ghgvxcb8105]

Rahhhhhh racism

[@ghgvxcb8105]

Do you hate them because their skin is the color of dookie?

[@quintboredom]

Would be really nice to hear about this in English, but Venezuela is trying to block this growth as a big chunk of Guyanas territory has been disputed by Venezuela for more than a century, which also caused some of ExxonMobil s shares to drop a bit

[@Diabhork]

@@quintboredom The Shares? NOOOOOOOOOOOOOOOOOO

[@JustAViewer44]

I love your channel. Thank you for existing. I really appreciate it.

[@mjstc7893]

Having that much oil while being a relatively small sized country could've made them to be the Singapore of the region but they fumbled, so badly.

[@joshuademel9524]

Not sure if you’re in school right now but keep up the great work. Your videos are awesome.

[@Brian_Mcpherson]

Being early aside, it's amazing how gdp affects a country's economy. It's crazy how Spanish colonies are also one of the poorest in terms of gdp.

[@hariskhan01]

It's literally the most important stat except if you're a tax heaven, and PPP GDP per capita is even better.

[@nuzayerov]

not the fault of Spain but the country's people's mindset and leaders

[@ismaelguzman8256]

nah

[@BlazingFlame69]

@@nuzayerov I dont think seperating one tribe and then uniting them with another tribe that they have been fighting for ages is a good idea for a successful country.

[@iandavidvillaloboswong5180]

Viceroyalties*. If you think these are bad then prepare to see the french ones lol. And the caribbean islands the english took are... there.

[@Just_A_Guy_Here.]

Literally like the real life Elysium (2013) movie. Rather than a spacecraft, its an island.

[@noticing33]

😂

[@justinthebeau2590]

You absolutely nailed it

[@andrewperez7844]

Immediately thought of this comparison as well

[@Darioairplanes29]

As a spanish living in bioko island rn, i can confirm that the islanders have a way beter life owning huge mansions will the continenters dont have this privilege

[@Darioairplanes29]

And yes its a total dictatorship cause literally last year’s elections in 2023 in the news said basically 97% voted for the Democratic Party or Obiangs party and the ones that didn’t most probably were put in jail and tortured so

[@heise7844]

esa isla deber ser la suiza de africa

[@republicadominicana8589]

most of those mansions and privilidge are owned by lebanese and other europeans tho

[@A1Kirazz]

@@republicadominicana8589Lebanon isn’t European.

[@kvo3542]

​@@A1Kirazz😂😂😂

[@johnward5102]

Great post, thank you. Don't really know what else to say but guys like you give us a really interesting window on the world.

[@Nikkidafox]

I always love these videos of yours. They educate us on issues that probably very few of us knew about before!

[@Captain-Sum.Ting-Wong]

I can't tell if using the General Electric logo was a mistake or a joke

[@citizenx2369]

hoser doesn't make mistakes.

[@MarcusFredrickson-j6p]

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad

[@AdamsLud]

It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

[@dossouemmanuel607]

Emily Jason's special strategy is in his realistic approach and that's sets him far above other brokers who sets outrageous targets and fails to get it.

[@AidenLeio]

His insights and strategies have been helpful to most of us. Remember, success in trading and investing takes time and effort, but with dedication and discipline, it is achievable.

[@digitaldecentrlizeoban]

Yeah he's good he turned my life around with amazing results..

[@IneCharlier]

Regardless of whether or not his outperforms I will always stay invested as his methods alone with keeping investors is top notch

[@Sound557]

hoser kind of glossed over Francisco Macías Nguema. To those that don’t know: the man was absolutely batshit insane. He was a real life NazBol that abused psychedelics.

[@Miamcoline]

Absolutely crazy. Had no idea and I work in policy! Thank you for this information!

[@olahalyn4139]

Baltazar isn't as surprising anymore.

[@Pdmn_3]

Finally a new video!) 🥳 thank you for your work 🤝

[@ngud_gaming267]

You know the older I get the more I appreciate being from Botswana and living here my whole life. It gets boring cause there’s no much to do and there isn’t a large population but that means we’ve never experienced war, we have true freedom in every aspect. Anyone can start a business without any pushback and more often then not there government programs that make it virtually impossible not to start a business. Health care is free no catch it’s completely free, education is free up to tertiary and even then all you need to do to get government sponsorship is get a decent high school mark. Crime is extremely low and you can freely speak, the economy is relatively stable and affordable compared to the rest of the world. But the best thing is we’re such a large country but we’re barely known so we don’t get harassed by outsiders. I’d say the worst thing about Botswana is the heat during summer but besides that there isn’t another country I’d even remotely feel as comfortable in.

[@chrisdavis8650]

Botswana makes the best metal, I have so many friends in Botswana and South Africa, love you guys I'm from America.

[@ngud_gaming267]

@@chrisdavis8650 glad to hear some of our products are up to standard 🙏🏾

[@goatpepperherbaltea7895]

Do you like the president he seems smart

[@ngud_gaming267]

@@goatpepperherbaltea7895 generally I'd say he's been good especially with our diamond deals but he has his issues as well, promising a lot of new things and delivering none

[@CharSpsh]

Fun fact: my dad stopped the oil production in Equatorial Guinea for two days and he had to escape to Spain

[@Icecubegv]

Whats the point of that?

[@AverytheCubanAmerican]

Equatorial Guinea flag lore: Green symbolizes the natural resources, agriculture and jungles. Blue symbolizes the sea. White symbolizes peace. Red symbolizes the bloodshed by the fighters for independence. The flag was first flown the day of independence, October 12, 1968. However, in 1973, Francisco changed the emblem in the middle which consisted of several tools, a sword and a cockerel. After he was overthrown in 1979, the original flag and emblem were restored. The arms consist of a silver shield with a silk-cotton tree, said that it was under a silk-cotton tree a treaty was signed between Spain and a local ruler that marked the beginning of the colonial rule. And there are six stars for the mainland and the five islands. While Francisco Macías Nguema ruled from 1968 to 1979, Gabon's Omar Bongo ruled from 1967 all the way until 2009! Bongo headed the single-party regime of the Gabonese Democratic Party (PDG) until 1990, but even under multi-party politics, he consolidated power enough to win in 1993, 1998, and 2005. Like Equatorial Guinea, Gabon has been oil-rich. And guess who wanted to keep relations with them after independence? France! With its oil, a fifth of the world's known uranium (Gabonese uranium was used for France's atomic testing in Algeria), big iron and manganese deposits, and plenty of timber, Gabon was important to them. And when Omar died in 2009, his son became president.

[@tvnsoq]

when i was failing my modern studies.. and then this legend returned to help me.

[@elianes5505]

Damn, who would've thought GDP is a trash number that does not accurately represent the quality of life in a country.

[@agme8045]

Except for tax havens and oil nations, GDP per capita it’s a pretty good indicator. Wealth is needed to sustain a good quality of life.

[@elianes5505]

@@agme8045 Exacly! just like how the US is the 8th richest country by GDP per capita and... it's constantly ranked lower by quality of life than other developed economies... well I guess you could consider it an oil nation right? Lmao, now being serious, wealth is needed, for sure. But it's definitely not the only driver for a good quality of life. There are many things that improve it or decrease it and are not counted in the GDP measure. Like enviromental conditions, labour laws, wealth inequality, public services, crime rates. As well as economic transactions that just aren't included, like someone mowing their neighbors' lawn. Also illegal activities that in some countries can represent around 45% of a nation's GDP but are not included cause... well, they're secret. Either way, I think I wouldn't have so much of a problem with GDP if people simply didn't take it at face value and actually used other measures to complement their analysis. In short: It's not trash, like I said in my first comment, but it's definitely overrated and not a good measure on its own.

[@ad_astra468]

​@@elianes5505 Well it is the biggest oil producer...and consumer. One could argue the USA is THE Oil nation.

[@ridhoirvan1070]

a corrupt tropical country, controlled by a family, and currently building a new capital in the middle of a forest? Sounds like Indonesia to me, you should make a video about the corruption under the new dynasty

[@bambina5604]

That vice president took a trip to New York where he booked himself a $75k per night penthouse and then asked UN for aid the next day.

[@loupasternak]

the un is a cesspool

[@alphawolf4643]

0:47 Equatorial Guinea is so well known for their creative uses of soccer stadiums, so it makes sense they would be building those. A great place to listen to music, I'm sure.

[@desertfalcon1539]

Yes, and seeing people disguised as Santa Claus while the same music plays in the background *_THOOOSE WEEERE THE DAAAAYS MY FRIEND_*

[@alphawolf4643]

@@desertfalcon1539 ah, I see you're a man of culture as well...

[@Adam-np4dm]

You left out the best part, francisco threatened to haunt whoever killed him, so they had to hire a moroccan kill squad to carry out his death sentence

[@FidelV]

Yea, I read about this 😂

[@kinman3051]

7:20 man, the pain i felt hearing that they didnt even use the billions of dollars to better the country by buying useful things. Whenever I play city building games i spend money to make more money.

[@peterwhite9546]

In highschool, we had to do a presentation in spanish class about a spanish speaking country, and I got this one. So things like favorite sports, foods, national pasttimes, stuff like that. Apparently "Prison Torture" was not an acceptable response.

[@puppetguy8726]

What, nepotism and cleptocracy isn't a formula for success for a country? 😱

[@crazychimp1324]

This makes me feel sick but , it’s okay becasue colonists from 200 years get the blame not these thief dictators

[@Ty-dk2sj]

Both are significant factors that resulted in the problems Africa has today, it's not one or the other. This family wouldn't be in power if it wasn't for Spain.

[@amarevanhook7453]

Why not both

[@noahboat580]

i genuinely assumed you made a video about Oregon LMFAO

[@ghgvxcb8105]

Dude, I love

[@ghgvxcb8105]

Dirty brown

[@ghgvxcb8105]

Socks

[@ghgvxcb8105]

And hate

[@ghgvxcb8105]

Brown people

[@Mr_Chasm]

It’s always a SPECTACULAR DAY when hoser uploads

[@blngu]

Sad how bad equatorial guinea is doing right now

[@bigpimpin7358]

I am living in Gabon and I can tell you that less than 60% of the population have electricity

[@wamboieverlynewanjiru240]

I'm here after the Balthazar Ebang Engonga leaked videos 📸.

[@Autismmm]

I love your content man!

[@ghgvxcb8105]

I love racism

[@kvo3542]

​@@ghgvxcb8105😢

[@ThatChainmecha]

I feel like this country is going to go through something terrible around 2040-50

[@wimpyguy5519]

I see the people running this country going through something terrible in the next 10 years.

[@big_dro1713]

Hoser, I am a big fan of your content.

[@pragma5282]

EG is a hispanic country, and somehow it shares more things with Dominican Republic or Panama than with any african countries. Hispanic countries were legally functional provinces of Spain like Malaga or Seville, not colonies. They had the same rights, duties, laws and regulations as in the mainland, and Spain invested in water management, irrigation, healthcare, etc. The English, in the other hand, only used to build a railway from the mines to the port to get the spoils out, while leaving the population in the stoneage. After independence hispanic countries kept many structures, roads, ports, hospitals, schools, as well as the spaniards bureaucratic system. That's why most of them are relatively rich among the poor countries. The best example to illustrate this is the difference in GDP per capita and social development between Dominican Republic, an ex-spanish province, and Haiti, an ex-french brutal slave colony.

[@marvinbrando722]

It is true what you said

[@BPJJohn]

This country is basically a script for Just Cause Games.

[@BostanMaxim]

i should do my homework but a failed state is more interesting

[@bandupxdub5063]

Was having a bad week but damn you are like the sun hitting you in the one spot! 👍🏾

[@TyphonBaalHammon]

Incredible that a country could make Gabon look good by comparison.

[@PeterPeter-pr2hi]

Isn't Gabon one of the less bad countries in that region though? I mean, sure, it's an authoritarian regime with massive inequality (at least that was the case before the coup, we'll see what happens), but if you compare it to places like Equatorial Guinea, the DRC or the Central African Republic, it at least seems much better.

[@TyphonBaalHammon]

@@PeterPeter-pr2hi I meant it in the sense of it being an extractive oil-based economy. The DRC and CAR have very different histories and economies from what I know, and they're messed up in completely different ways (DRC is so big that there's probably big internal differences as well). With Gabon and Equatorial Guinea, since they're both oil producing dictatorships right next to each other, the comparison makes a lot more sense and that Gabon would come out on top speaks volume about how EG is fucked up.

[@rodsolco]

Nice content. Hello from Costa Rica 🇨🇷

[@shrill_track874]

I would really be interested if you had a video on Angola next, I think you'll have fun with the research too, since the government and the economy are going through one of it's craziest moments in decades

[@AnrandomdudeontheInternet]

Teodoro Nguema and his son make me desperately wish the death note was real

[@georgendasowa2295]

Baltasar Ebang Engonga got me here.

[@davidanderson9664]

excellent! EG is a disterland, a cliche of failure I've been following for 30 years. You got it right on! D.A. J.D. NYC

[@mangogo44]

I've been in Bata and I've seen vice president in person, from afar, as he had around 50 body guards around him and his private jet. Press took our pictures (we were on healthcare mission) and I still wonder if I can find some of them. Had to wait for that man for 4 hours in the middle of nowhere airport without any internet connection...

[@AkselSterling]

They where a property of Spain. That explains everything.

[@pellizcacristales]

They were Spain*.

[@anthonymanderson7671]

This explains a lot why i had someone from armenia to explain that equatorial guinea was only rich in GDP.

[@renaatsenechal]

5:52 that is the logo of General Electric Company, not Guinea Ecuatorial Petrol

[@h0ser]

Embarrassing!!

[@Miokopsgvr]

Love your vids

[@CrazyChillDog]

It is insane, thanks for the knowledge!

[@bRiAn55549]

Sub Saharan African leaders try not to be corrupt challenge

[@klawiehr]

The story of Macias Nguema's reign is definitely one of the more harrowing things I've read on Wikipedia.

[@agme8045]

Imagine if all of this corrupt politicians actually did a good job while still getting rich asf. Like wth would you need billions, just steal a couple million and actually improve people’s lives.

[@Epsilonsama]

You don't want the people to get any ideas.

[@HisLordsh1p]

This reminds me of a quote from one of the Dune novels, I think it was God Emperor of Dune but it was Leto II talking he said something to the effect of "Revolutionaries are just future aristocrats". It's interesting that the book was published kinda midway through the decolonization of Africa when all the revolutionaries of the 60's and 70's were coming into power. A lot of interesting commentary on politics in that book,

[@moustachio05]

Frank Herbert was a fucking genius writer genuinely

[@Accuface2000]

I used to tell people that GDP per capita is not a measure of economic prosperity especially in the developing world where there are many factors involved.

[@frostkiller]

I’m from DRC with the amount of resources the world takes from that one place it breaks my heart that the youth would go to University and have no jobs…

[@moon_fake]

Money can't buy class, it seems

[@Strong_TGK]

Oil rich nations aren’t always successful.

[@animekid2979]

Norway?

[@ghgvxcb8105]

Poopy bungus

[@ghgvxcb8105]

It's cuz their brown

[@ghgvxcb8105]

They have too much child support to pay

[@ghgvxcb8105]

​@@animekid2979 ahh yes, the brown people of northern Europe.

[@ggkproductions1632]

Sounds like Equatorial Guinea needs some freedom

[@anon-0]

they got oil so yeah they do need freedom. it would also make the import and export for the us and maybe even the eu of oil cheaper.

[@gtbkts]

Thanks for the awesome content!

[@schalitz1]

Equatorial Guinea is basically Tropico in real life, they even speak Spanish.

[@jamesdulak3108]

Good video. I gotta say a country having a small island totally cut off from the mainland where most of the people live, and that island being where all the rich and well off people go and hoard the wealth for themselves, is like a movie plot. Like a more realistic Elysium, substitute the space station for a body of water.

[@AhNoWiC]

National Animal-ndball is an interesting take on the genere but I've watched a few videos and they seem well researched. Always glad to find a decent new history / geopolitics channel with a sense of humor.

[@TheAmericanPrometheus]

So much squandered potential. Equatorial Guinea could've become a rich modern powerhouse of a nation, and an economic tiger like South Korea or Singapore, but ultimately the oil revenues were sucked up by the government elite and the common people remained poor.

[@ambessaseway5594]

There is actually large investment in infrastructure look at KZbin videos

[@KevinDorival]

Your sarcasm is lit Mann 😂😂. These guy’s Greed is astonishing while so many go hungry…Wow!

[@SimplyDuker]

Seriously, what's with most of Africa being suffered from totalitarian dictatorships, rampant corruption, frequent wars, coups, genocides, etc?

[@Lando-kx6so]

Gdp per capita is a poor way to dictate how well off a country & it's people are