What Happened When a Tiny Nation Got Filthy Rich Overnight

[@SidenoteChannel]

okay, people, this video is somewhat crappy with a few pronunciation/typo mistakes because this is one of my first videos. I had made it a LONG time ago. So, watch at your own risk. There's no factual inaccuracy in the video, though. I can guarantee you that. I take the research part of my job very seriously. Watch my newer videos for a better experience. Thank you.

[@johnbrickel6446]

Over-weigth versus overweight.

[@patrickwaechter3046]

A

[@_perza]

K

[@derecklopez7386]

4

[@testjeaapiel9707]

the factual inaccuracy in your video is the following, u claim 7000 people earned 3.5 billion and that they invested wrongly in hotels in other countrys. its just the 1% who got that money who did that ;p

[@1Nida]

This country exemplifies the money management skills of lottery winners.

[@dwg8084]

That island is the same thing we are doing to our planet and the Galaxy is the ocean.

[@mikestevens8012]

Wow !?! The money got stolen , who did that? Photos please , fast money , we're the rich all from one nation ? Did they speak Dutch? German ? Spanish ? Or inglish? ...coporations have officers , prez ,vice prez , and an atty. / Accountant . On public record , sue!!!

[@PrezVeto]

@@mikestevens8012 Take your meds

[@carlbole2142]

Whoever is without sin(GREED), can cast the first stone! Anyone? Did not think so! We all eat, we all crap, we all die...such is the world. You can, however, choose to live within your means, and free yourself from constant consumerism! You do not need to live in a cave, but you do not need a mansion either! BALANCE!!!!!!!!!!

[@abbad707]

Yea and those peeps are enjoying life rn and be like fk the natives lol

[@Quivver77]

Looks like Nauru got an email from a Nigerian Prince and decided to give him everything...

[@Cyberjumper77]

WTF mann!!😂😂😂😂

[@whitecat1796]

🙊

[@sashankg1]

Scammed?

[@DeedoDoop]

Sashank Gaikwad yes. That is the joke

[@endxenoc2457]

Nah, they had a warning on their computer and called Steve from Microsoft Tech Support in India.

[@benjbk]

To be fair, building a hotel and an airfield on a tropical island was not the most stupid idea.

[@Niyololz]

on google maps it looks like the airfield is still active and working, on images you can see chinese and american airline planes

[@lorenzoluizdesouza1215]

Its not the wjsest investments and not a priority if you want a self sustaining nation

[@maythesciencebewithyou]

@@lorenzoluizdesouza1215 The only reason it's a bad investment is because that islands location. Not many people will get there.

[@fidelxxx]

How ofted do you fly on your vacation to phosphate quarries?

[@NASSAfellow]

@@fidelxxx this cracked me up 🤣🤣

[@duyataksis5210]

Nauru will have a splendid future as a Chinese naval base.

[@carrotedsquare]

Made me laugh more than it should have

[@duyataksis5210]

@@carrotedsquare I'm perfectly serious. The rent Nauruans (or however you say it) collect from the base would allow them to live quite comfortable lives.

[@full-timepog6844]

@@duyataksis5210 or take it for free

[@davidlang1125]

Even the Chinese wouldn’t touch it. It has no strategic value.

[@FlamingoVlogs]

David Lang having a military base in the west is all the value it needs

[@parthmistry1076]

So Nauru is basically planet Earth on a very tiny scale.

[@blacksunnydays]

Parth Mistry people can sometimes say the most truest things in the most darkest ways

[@aunghtoo6685]

That was what I thought too.

[@foresthaviland3612]

Yeah, and in this microcosm phosphate is analogous to fossil fuels

[@randomdude9135]

😨

[@abdullahjaved2371]

Damn thats sad and deep

[@unOrigiNik]

My dad knew a guy who worked here as an engineer and was billed with fixing up their mining equipment. The guy noticed that there were huge amounts of outboard motors stacked up around the island and asked them what they were for. The company who hired him didn't have any maintenance people for their marine equipment, so when an outboard motor broke down, they would just dump it and purchase a new one. He asked if he could have them and send them home to new zealand and they said that was fine. They were stoked because he was cleaning up all this waste for free. The dude filled a shipping container and sent them all home, then when his contract finished he went home to this little nest egg of outboard motors that just needed stuff like new spark plugs or small replacement parts. Ended up making a mint re-selling them in New Zealand.

[@tyronbasista2729]

That's fraud actually.

[@ktm125sxbeast]

@@unOrigiNik No it definitely isn't.

[@ktm125sxbeast]

@@unOrigiNik How would it be? He asked him for the motors. The dude didn't say you can't resell them. It's not fraud to ask for something instead of offering to fix it.

[@unOrigiNik]

@@ktm125sxbeast its the equivalent of asking a mcdonald's employee if you can take all the free ketchup and paper cups to take back to your house to use yourself or sell to friends. Even though the counter staff say its ok doesn't mean its against the wishes of the entity who actually own the item. Because he hasn't explained to the rep he spoke to the ease of fixing the motors, and he has gained money by doing so makes it fraud.

[@ktm125sxbeast]

@@unOrigiNik No it isn't. Engines are perfectly legal to resell. You're just in your feelings about it. By the way if you ever end up with a bunch of engines please for the love of God don't expect the buyer or person asking you for them to have to explain to you how to fix them. That's on you bud. He was no longer the owner of the engines after giving them away. Seller's remorse does not equal fraud. Had the dude hired him to look at the engines and see if he could fix them first then you would be on to something. That wasn't the case though.

[@atharvajumde52]

The Birds who pooped there: Wait, You guys are getting paid??

[@liam-man7265]

When he said “excreted their poop here”... *I FELT THAT.*

[@thatone1280]

😂😂😂😂🤣

[@ahhwe-any7434]

Birds thought process from birds eye view: we only poo bc were trying to be considerate of our water friends 👊🤗 Mysterious voice from the universe: my dear children, everything you will ever need in life comes from natural resources. Use it wisely. Humans: 🤔💡get greedy & build off bird poo? Okey dokey 🤗

[@guerillachan20]

future of moroccoa

[@Mustard9000]

@@guerillachan20 there are no natural resources in Monaco. None at all to be harvested. The only thing thats comparable to Nauru is its size and that they both are next to water

[@WissamKamalEddine]

I use to work at a Pinball parlour in Melbourne in the 90's. Groups of Nauru-an families would come into the place. The kids would be throwing down $20's and $50's and treating the cash like it was nothing.

[@kaizenomnibiz5383]

Heard some used them as toilet papers

[@rhysstanley7387]

@@kaizenomnibiz5383 from where

[@phantomaviator1318]

@mike brink This is why we turn away immigrants, and why immigrants (for up to 5 generations) shouldn't be allowed to apply for welfare.

[@whammersbach]

@@phantomaviator1318 i bet you call yourself a christian

[@mayanksahu8644]

@@biggunbender2705 what's your option for poors? Put them in Gulags

[@ducks7015]

I feel nobody knew how to handle all that money and they probably got scammed by external "advisors"

[@FaithandNova]

And the crooks within helped to make it happen

[@gerard4039]

Yea lots of advisers 😂😂😂, western ones I am sure 🤪🤪🤪

[@hengineer]

Happens all the time. Young sports figures, too lol

[@James-st9uu]

Yes ....blame the west as usual...

[@D_2_M]

@@James-st9uu well the from the history all the one who found it mine it advised and exploit it sound western. It's same old same old. In South East Asia they exploit the rubber and spices plus west also wanted to monopolize. This happened for hundreds of years. Before that Asian from the north middle eastern from the west just trade come and gone do they try to manipulate the locals? NOPE.

[@FeyTheBin]

5:31 That moment when Nauru became Australia's Australia.

[@phinix250]

like father like son

[@darkchoco7407]

U wot m8

[@wazzobazzo]

@@darkchoco7407 Australia was a colony for prisoners is what I assume he was referring to: en.wikipedia.org/wiki/Convicts_in_Australia

[@wazzobazzo]

@@darkchoco7407 Australia was a colony for prisoners is what I assume he was referring to: en.wikipedia.org/wiki/Convicts_in_Australia

[@rabbitphobia]

wazzobazzo in that case they're an idiot because Australia is much more than that, now it has a very high European influence due to all the migrants going there post world war 2, yes it once was a penal colony but this has very little if any influence on the nation now. But nice try at the dig, btw what country are you from?

[@MistRVertexZ]

and then we have norway who only uses like 2% of their yearly oil earnings and invests the rest

[@maythesciencebewithyou]

Nauru also invested its, however, their investments were bad picks. Not every investment pays off.

[@eliaslynggaard9888]

Im so proud to live next to such a great nation. If you are from Norway its great to see you. - a fellow nade

[@jooniesjoons4407]

@@eliaslynggaard9888 that’s wholesome

[@zart3374]

@@eliaslynggaard9888 25% tax so they don't need to use the money.

[@EatMyShortsAU]

@@maythesciencebewithyou If you have a diversified portfolio it is pretty hard to lose money.

[@zeqi]

They really killed the golden goose which laid the egg

[@TheStrayy]

You mean the goose that laid the golden eggs?

[@pepopipo974]

Actually it's like if the golden goose died of old age and you didn't do anything useful with the money.

[@TheStrayy]

Felipe Muñoz what? It’s a goose that laid golden eggs. And the owners killed it thinking there’s infinite amounts of golden eggs inside the goose and there were none.

[@pepopipo974]

@@TheStrayy it was a finite resource, as the life of a goose, they exploited it until it ran out.

[@TheStrayy]

Felipe Muñoz idk my local version says otherwise

[@astral7919]

When u win a lottery overnight Then spent entire money Partying, buying expensive things Then taking loans Then being broke Naru explained

[@fm9205]

shyurdaretut ur mom

[@DLBBALL]

Tea {1} ^Edgelord over here

[@MINVHEAHANIFAH]

Naru to

[@killerthoughts6150]

They didn't get lottery, they worked for a decade to earn it. They lacked good leader

[@craurd]

@@killerthoughts6150 you missed both the joke and the term used for the fact.

[@pk-vs8vg]

There is enough for everybody's need, not at all for everybody's greed. -Mahatma Gandhi

[@kimthor3903]

So true 💯

[@cnoevil8468]

Says a racist guy that invaded south africa as a solder for its resources.

[@shumail7796]

C Noevil he was never in the military, please get your history from valid sources

[@raghavkamath]

C Noevil Wut??

[@ShakilHashmi]

A great qoute indeed. I didn't come across this until now. Thanks for this. Very appropriate.

[@alexanderordinary2110]

How ironic: a country that produced something needed for agriculture, wound up not having enough food to survive; natures payback, I guess...

[@xNINJUTSZUx]

The story of idiotic nation. 😏

[@ulsd]

Ironic. He could save others from death, but not himself.

[@hellatze]

Nature doesnt exist. It just made up concept.

[@hellatze]

@Samantha1234 it is a concept by human being. There is no such thing as "Nature" in universe. All happend because of law of physics.

[@rccola6779]

Or farm

[@NoName-ny1bt]

Sounds like a lottery winners life story: Country version

[@EatMyShortsAU]

A family of 7,000 wins the multi-billionaire lottery and loses it all in a generation. Sounds about right.

[@sisamusudroka3000]

I remember someone telling me that the Nauruans used to fly over here (Fiji) for groceries on a daily basis

[@ripvision]

I've heard similar. Not only did they fly to Fiji but also to NZ and Australia for a simple weekend getaway.

[@mikakorhonen5715]

Lol, no wonder they fucked up bigly.

[@MukeshGates]

Lol ...it's too funny to hear these kinda stories now....poor nauru

[@sisamusudroka3000]

Lets not laugh at the bad fortune of others, but let it be a reminder of what can happen

[@darryl47nopra]

@@sisamusudroka3000 bad fortune?? They had almost best fortune ever. But then managed that "luck" poorly.

[@johnrobinson1840]

6:34 "70% of the island is now inhabitable?' I feel like he means "uninhabitable."

[@PhilipWalterTaipei]

john robinson damn it this guy needs a dictionary

[@yunkinto]

Bro what

[@salami6721]

Habitable = you can live there Inhabitable = you can live there Uninhabitable = double negative improper grammar go to school

[@farshadevil1]

just like inflammable and flammable. they both mean flammable. English is weird.

[@jamesnjoga7824]

@@salami6721 , you will be surprised it is you who needs to go to school!! You are correct about habitable and inhabitable. They literally means the same thing. But you are wrong on uninhabitable which mean not suitable for living. It is not improper grammar as you think but just English being English. A lot of irregularity in English.

[@rileyjdavies]

LMAO the way you pronounced Monaco 😭😂

[@blaggang]

Riley Jackson mo-naa-co

[@Luke_05]

Riley Jackson Americans always pronounce things weirdly for some reason. 😂😂

[@PrezVeto]

@@Luke_05 That's not how Americans say it. That's how some guy who'd apparently never heard it said before said it.

[@kazikazini1042]

@@Luke_05 Iran and Iraq proves your claim. I run and I rack

[@kap1526]

Actually he is very cloae 😤

[@davidlang1125]

I’m an architect and in 1975 I was working at the Australian government’s Overseas Works Branch which did the architecture for Australian diplomatic missions around the world. We designed a residence for the Australian representative on Nauru out of a prefab kit of parts. Because of limited construction material, equipment and skilled labor available on the island it was designed to be easily assembled using basic tools. The parts were designed to fit on pallets loaded onto an Australian Air Force C130. The central idea was prefab composite panels of aluminum exterior sheathing, a styrofoam core and a plywood panel for the interior sheathing. The prefab parts included curved roof panels with the same composite construction. These were designed to capture breezes to help cool the house. It was a very advanced idea for its time. I left the OWB (and Australia) before the project was completed. So I don’t know if it was ever constructed.

[@FlamingoVlogs]

David Lang 🤪

[@abdulm276]

Oh wow. Fascinating. 👌🏻Nauru really did mess up so bad. 👎🏻

[@FlamingoVlogs]

abdul malik shezan 👽🛸😈

[@BrunoAnton]

Nauru was first conquered by Germany in 1888. The Germans began phosphate mining in Nauru. Then after World War 1, Australia took it and owned it from 1920 to 1968. Then in World War 2, the Japanese invaded and took like a 1/10 of the island away as slaves before the Australians took it back. Australia then sold Nauru back its phosphate mine in 1970 and by the mid 1990s they ran out. Look at this export map. en.wikipedia.org/wiki/File:Exportations_de_phosphate_Nauru.png Phosphate mining was already in full swing when Nauru bought back its phosphate rights. How much of the phosphate was gone when it was returned to Nauru? No mention of that. Just implications of how irresponsible Nauru citizens are. History is actually complicated and is more than "Nauru people stupid" and "Westerners smart" but that's really what the video here implies when they little context. Whoever writes these articles for SideNote should actually cover some history when they make these pieces. Look at all the racist remarks SideNote is getting here. Non-stop remarks insulting Polynesian cultures and even one calling them subhuman. This is most likely because of SideNote's biased (or misinformed) coverage.

[@rhodesianwojak2095]

@@BrunoAnton p e t r o l d r i n k i n g

[@PHCuber]

Mistake in 6:33. It’s UNinhabitable.

[@SidenoteChannel]

Thanks for the catch.

[@xl000]

side note: inhabitable in English translates to French word: habitable uninhabitable translates to inhabitable I've seen translations where the translator was unaware of that, and it didn't make sense.

[@AJR-zg2py]

It's also pronounced MON-a-co, not mon-AH-co. Love the vid but small mispronunciations like this really stand out in a bad way.

[@jamesstrain7062]

Yep. I was looking for this comment. I thought maybe I was wrong. You think more then 1 person would edit a video but welcome to KZbin!

[@sirius6583]

Also 4:13, they misspelled million.

[@duffinthemuffin5792]

The nation is essentially the same example of if an extremely poor man won a very large lottery

[@MSpeedThree]

Poor and stupid

[@erlands7395]

Adam the socialist you mean?

[@turtleneckferret]

Stolen comment

[@randyralls9658]

England learned a long time ago. The best thing to do with your slaves is to set them free. Then loan them some money.

[@monikapadilla3949]

Randy Ralls true and tax the hack out of them! Do not bank w central banking

[@rhodesianwojak2095]

@@itsnotatoober l u r k m o a r

[@rhodesianwojak2095]

@@itsnotatoober gfy glow in the dark

[@itsnotatoober]

@@rhodesianwojak2095 idk what any of these internet loser things mean but if you have any actual manhood come face me I'll beat you into the ground you internet loser.

[@nadzrinpuad1283]

But most of england ex communo are big n advanced country, not suk country like spain ex communo or french

[@stevej4437]

They should've invested in bird feed, attract more birds

[@rahulverma8774]

i dont think its tht simple .......phosphate deposits r like fossil fuels .......production takes hundreds or maybe thousands of years

[@maman1414]

@@rahulverma8774 keep that poop, after thousand of years, then sell it :v

[@rahulverma8774]

@@maman1414 yeah n till tht time ........ either humanity will destroy itself or phosphate will be an outdated resource .....just like coal ....who is not as precious as it was before

[@aj884]

Wooosh. Right over their heads.

[@nunyabiznes33]

@@maman1414 HODL poop!

[@typhooncraze7525]

Who else got triggered when he said mon aco and not Monaco

[@philipellington]

Oh yeah

[@OliverFlinn]

dont forget the ku wait

[@runnyeggywhites]

not me cause i dont get triggered over mundane details

[@ricehair8807]

Cringe

[@ricehair8807]

Who tf cares about monaco anyways did they invent taco?

[@raus_mit_Islam]

The fate of Saudi, Kuwait and all other oil rich countries, when the oil runs out!

[@lost4356]

Saudi still can get money from muslim who do hajj and umrah ritual. They get alot from it.

[@makingapoint]

Iq there is 85 i think nauru is 60+ in holland considered mentally retarded. In almost no western country fit for service

[@syukwan-kerr8118]

Watch PolyMatter's video, Kuwait's attempt to outlive oil.

[@abdullahalrasheed394]

@@lost4356 Your statement is completely wrong. The Saudi government spending on Hajj and Umrah is way more than its revenue. Some estimates say Saudi spends more than ten times what it gets from these rituals.

[@lost4356]

@@abdullahalrasheed394 yeah but most of it they spend it for infrastructure and better system so is long term invesment.

[@danielebonadeo1816]

The way you pronounced Monaco gave me a stroke

[@lavenderflowers1075]

😂😂😂

[@Bak3d42o]

Glad I wasn't the only one who was flabbergasted by his pronunciation of Monaco.

[@marcusmulethaler5367]

Lmao my friends last name is Monaco and a lot of us call each other by our last names. So when he said Monaco I was like “that’s not how we say it but ok lol “

[@mementomori1639]

Just a little fact. Nauru, means laughter in Finnish languange. When they found out how much money they can make, they laughed and spent it all. Special kind of people.

[@SilverGamingFI]

No wonder they were named like that, their money management is a joke Perkele

[@moonootoo]

Google about the country of Singapore if you want to see what a small nation with zero natural resources managed well can do. Essentially the opposite of Nauru.

[@dalfifran7572]

Apples and Oranges. Singapore were very strategically placed. It's been centre of trading and commerce since at least 14th century, and perhaps way longer before that. Various documents mention that Singapore in the 14th century, then known as Temasek, was already a trading port under the influence of both the Majapahit Empire and the Siamese kingdom. European (Portuguese, Spanish, Dutch), Various Asians race, Malay, Sumatrans, Javanese (which is Sriwijaya and Majapahit during those periode) long acknowledge Singapore as a transit and port island. It's became more prominent since the European starting to expand and made it's way to try colonize Asia during 16th century onwards. It's very strategic since it's sitting beetween the mainland Asia continent and the South East Asia region and archipelago (Indonesia/Sumatra, Malaysian, Brunei, Philliphine, Borneo, etc). If you meet Singaporeans, their day to day (casual) languange form of communication is kinda telling of how cultural assimilation played integral part and root of their history since it's a port island for a long time. It's a bloody mangled and mixture of English, Mandarin (Chinese), Indonesian (Melayu/Malay), Tamil, and others... Often dubbed as Singlish (Singaporean English).

[@ikmalhafiz2865]

While Nauru had large phosphate deposit as natural resources, Singapore had it's strategic location of trade.

[@blakejohnson2206]

@@ikmalhafiz2865 Exactly. No one is stopping over in Nauru for a business meeting.

[@adedotunadagbada16]

It could have been the perfect holiday destination. Something sort of Dubai

[@ihateyankees3655]

Zero natural resources except control of a vital trade route.

[@cypherpunk12]

As a guy who lived in Nauru for 2 years and 3 months living like a local I just want to point out the fishing is amazing. The fish is clean and not pouted at all. There is some amazing fishing I have never seen anywhere else on earth too. Nauru is like a giant pillar in the ocean you can walk out to waist deep water then you come across this massive drop that is said to be 2.5 miles straight down, I don't know if its this deep but its totally black and I can not see the bottom even with a snorkel and mask. Anyhow what this means is you can stand in waste deep water cast your line and pull up fish only found in the deepest oceans that require a boat to catch. I have landed a 70kg Wahoo and I am not big on fishing, I actually gave it away as I had no idea how to clean and scale a fish. If I can do that imagine what someone with a decent rod n reel that actually knows what they are doing can do.

[@cypherpunk12]

PS. I actually know the guy in the pic at 6:55 I wonder if he knows you called him obese?

[@tengkualiff]

@@cypherpunk12 even if he did, what can he do about it?

[@cypherpunk12]

@@tengkualiff he can't do much about it, but what would you do if someone had you on a video and insulted you?

[@tengkualiff]

@@cypherpunk12 It is a fact that he is obese. If he doesn't want that label he could change himself amongst other options. You are assuming he is mad at anyone calling him that.

[@caralhoguy]

@@cypherpunk12 what’s his name?

[@badhonebrahim7707]

Make a video about the mafia laundering 70Billion :)

[@nomadkickbox4049]

Nauru was another Laundromat for the Russian Mafia!

[@CapitaoAmerica737]

The entire world is a giant Nauru. The timeline is just scaled up, but it eventually reaches it's end.

[@randomstormtrooper210]

by the time earth resource is gone,WE ARE ALEARDY LIVING ON MARS.

[@fora1924]

@@randomstormtrooper210 Isn't mars basically just a wasteland?

[@pdr_2703]

@@fora1924 who knows what type of resources we could find there

[@princessmarlena1359]

“Get your ahhhsss to Maaahhhss!”

[@user-iq7mk3gb9w]

@@randomstormtrooper210 So, basically, your idea is that it'sn okay to destroy our heaven on Earth then move to the wasteland of Mars ? You actually think Mars is an escape to all of your, our greed ?

[@anderander5662]

Sounds like they invested their money as wisely as an NFL player

[@joesuss4669]

Yeah basically

[@baronvoncombi3701]

My Dad currently works for Nauru airlines, it still operates, the company isn't owned by the government its now privately owned and I recon it has the nicest looking jets out there with a beautiful blue tail.

[@clancywoods7728]

Sure he does. Also, Nauru Airlines is owned by the government.

[@ysho969]

The next will be Brunei when they ran out of oil.

[@ysho969]

@Nazreen Horizon oil and gas export made up nearly 95% of brunei's economy, when oil runs out one day, you guys will be the next. This can be proved by Brunei's poor gdp growth these few years.

[@ysho969]

@Nazreen Horizon well you guys have been finding for years yet nothing has been found LOL.

[@ysho969]

Nazreen Horizon my initial comment was just a statement to compare Brunei with Nauru, are you dumb or what ? Is there any problem stating a fact ? I never encountered such an idiot like you.

[@seanbailey8545]

Atleast Brunei is trying to invest in infostructure for the future when they don't have oil money anymore.

[@anaiswatterson1696]

@@ysho969 who ever you did argue with, you just fucking killed him lol. He deleted all of his replies

[@807Eh]

Sounds to me like they got themselves in a crap load of trouble.

[@fariqhabibi1454]

lmao

[@8b8b8b]

You could have made the title more attractive, that way your channel gets the attention it deserves

[@fujibs03]

The way he pronounces Nauru will always keep me happy.

[@Alfaomegabravo]

"How unsustainable exploitation of resources out of greed can put us in situations we may never come out of" While that is true, in this case it was overwhelmingly incredibly poor money management that sunk this island. If they had played their cards right Naurans would never have to work another day until the collapse of humanity.

[@sadandbroke5003]

You will succeed one day Bro. Keep the quality up.

[@just_likeyou4693]

@@SidenoteChannel And having decent subtitles is a good idea too! Might attract some English learners like myself 😉

[@jonny5777]

That’s the saddest place I’d never heard of. My only experience of city planning is from a strategy sim but even I could’ve done a better job

[@alexanderchristopher6237]

I don’t think this is city planning anymore. More like resource and financial management.

[@megrocks3026]

Thats the story of most corrupt countries. Except that the president steals the money and uses it for personal use.

[@Channel-lv5hl]

Greece: (Its weak,It rose,It fell) Nauru: Hey I like that middle part

[@straatman12345]

Never make a video about Monaco, just don't.

[@Miblive]

The way he pronounced Monaco was brutal.

[@OfficialYeat]

MONARCO

[@NotSoCrazyNinja]

Ya know, this is kind of similar to what happens when poor people get a large amount of money in a short time, such as a lottery win. They don't know how to manage money as rich people do, so they continue their poor habits and overspend. When the money runs out, they're back where they started, but typically much worse off.

[@toomanyaccounts]

this is why the annuity payment option is the smart pick. you not only get more money over the long term but you get rid of the impulse buying in two years and still have lots of money left over. you learn to manage the money and set up budgets. something that lump sum takers don't learn, hence why the lump summers make up the overwhelming majority of those that go broke in two to three years. any financial advisor that tells a lottery winner to take the lump sum should be avoided as that financial advisor is going to steal the lottery winnings.

[@MrHammers]

Squeaky clean editing as always my friend. Great topic on this one

[@siuol_ly6141]

lol how ironic that poop was the reason they were rich. In my language nauru means pooping, so I guess it isn't wrong.

[@siuol_ly6141]

@@deepakrathore4932 It's called *"Waray"* which is also ironic itself cuz in this language, the word *"waray"* means "nothing" so basically my language is "nothing"

[@siuol_ly6141]

@@deepakrathore4932 uhhh why?

[@akilanvijayakumar6186]

@@deepakrathore4932 it is the fifth most speaken language in phillipines

[@gghh-cg8zt]

Waray here. Hahaha

[@gghh-cg8zt]

Waray salapi

[@yellooh]

Some rich people made out with most of the money in other ways.

[@thatone1280]

Great management is why the GCC countries like Saudi Arabia, Qatar, UAE, and maybe Kuwait are still so rich and probably will continue even after oil is long gone.

[@sultansulta9673]

Believe the only countries that I would say the are will managed in the GCC is UAE and Qatar

[@YousefB]

@@sultansulta9673 kuwait is doing great, we have a 'future fund' spent on educating the youth... aka ME. + we began welcoming foreign investments.

[@TheMisterNg]

@@YousefB Kuwait would be a shithole if it wasn't for all the underpaid overseas foreign workers (who are generally treated as second class citizens) keeping the country clean. Funnily enough, those workers are the only reason I enjoy going to Kuwait, it has nothing else to offer (to anyone else except Kuwaiti's).

[@BirdTurdMemes]

I doubt Saudi Arabia

[@AussiePersian]

Yousef Burhama 90% of government revenue is still oil based and let’s be honest and you still have local population that turns up their nose at retail jobs. If Arab states of the Persian Gulf had the same discipline as say Singapore 50 years maybe there would be hope.

[@FuddButter]

I worked at Nauru house in Melbourne for many years, heard so many stories from there. Heard all about when their phones were disconnected, when there was only 2 hotels with running water, one that had hot water. The planes being grounded as they couldn't afford spare parts.

[@calembur]

Holy macro. 20+ years ago I had read about how wonderful Nauru was and even dreamed of moving there. I'm glad I never made it.

[@caralhoguy]

Lol it’s literally a shit hole

[@mogli4763]

At that point they are to blame for everything it’s their fault for digging the islands grave deeper and deeper

[@Sakado95]

2:44 Ahh what a wonderful Opel Rekord.

[@markbrown8023]

wow that's an eye opener there. Just as their greed kept growing so did their precious island of wealth fall apart from years of mining. That is just terrible.

[@deltamatt001]

Damn. Imagine if they'd invested even half of what they had in money market funds, or Index funds. They would have been set for decades.

[@jagdpanther7464]

I'm from Nauru but I'm not mad. Instead I agree this video

[@swaggyswaggdaddy8205]

why do you use a german name though? ist there still German language ob Nauru from the early mining days? 🤔

[@jagdpanther7464]

@@swaggyswaggdaddy8205sorry I have no ans

[@jagdpanther7464]

media good and how are you

[@valiok9880]

@@swaggyswaggdaddy8205 nah, germany lost it to the brits.

[@angelmonroy3012]

You ok? 👀

[@KIA-MIA-POW]

Although an old story, this exemplifies what could easily have happened (and still might) on many other Pacific Island nations for many different reasons. The example given of the "lottery winner" syndrome is extremely relevant. e.g. American Samoa relies heavily on US government subsidies and welfare, income from tuna caneries (as long as stocks last) as well as reliance on US military recruiting. The Pacific is full of nations living in a fools paradise.

[@10percentwierd]

I worked for an Aussie real estate agency that provided real estate advice to the government of Nauru, what a disaster that was for them. Great for our company though, we made a motsa! Grafts were rampant, we sold them crap real estate and waited till they went under and resold the same properties for prices way under what they paid. It was shameful

[@Smolandgor]

They should just invest in s&p 500.

[@Redmanticore]

@@Smolandgor maybe also in portfolio of other things that wont cause pollution. theyll be needed too.

[@aquacoretta]

This is pretty quality you gained a new subscriber bro.

[@kallebirgersson710]

Compare this to how Norway handleits oil money, the difference couldn't be more obvious

[@syukwan-kerr8118]

Social welfare and a diverse economy, oh the horror!

[@NotKimiRaikkonen]

@@syukwan-kerr8118 no, a $1 trillion sovereign wealth fund

[@Djuntas]

Was looking for this comment. Since Norway is one of the only countries thats comparable to this.

[@cleverer4350]

Overall really well made! I look forward to your future content!

[@stevenkamala7238]

Hi side note , I was born and live in Africa , thanks for making this video it is a really eye opener and a good learning experience. GOD bless you sir . Keep up the good work 💪👍

[@YouTubeallowedmynametobestolen]

1:18 -- The newspaper says that Nauru is "worth many millions of money." Wow! That's a lot! ... Isn't it?

[@daud1543]

Loooool i didn’t notice

[@Rexluna1]

6:33 did you mean uninhabitable? Inhabitable means that you can inhabit (live in) the place.

[@bhopper3469]

Rexluna1 ye

[@josueleonel2415]

The only problem was the mismanagement of the Money. Period.

[@izabellewoods3985]

I don't know why were blaming the Naru-ians. This was an independent tribe who lived their for thousands of years in peace and then we're colonized by Britain. When they got their independence they did what they were taught to do: do what the colonizers did, but for themselves. This is the logical of capitalism. The real problem here is colonization, industrialism and ultimately industrialized capitalism which demands that we turn every ounce of our lives into profit. This is a slice of our future.

[@oida10000]

5:14 It is strange that Russia would have paided them to regonize Kosovo, as they didn't do it themselves in 2008.

[@byronperry8931]

Yeah it's abbakahazia

[@bostongalden1171]

Paided?!!!

[@ryanking2155]

oida10000 I think it was just a mix-up in the script. I’m sure they meant to say ‘South Ossetia and Abkhazia’, both of which Nauru recognized, possibly with Russia’s encouragement. Oddly, they did also recognize Kosovo, but as you said, that would seem to be the opposite of what Russia would want.

[@Defenestrationflight]

@@bostongalden1171 not everyone est native speakerer

[@bostongalden1171]

@@Defenestrationflight 😂🤣

[@piyal1616]

amazing channel dude, keep it up, loved every part of the visuals and narrations

[@hectoralvarado7010]

I live in a part of México where we use "guano" (bat shit) that we get from a cave.

[@maythesciencebewithyou]

Ace Ventura 2 was all about guano

[@boringperson-zb8vy]

This is batshit crazy ...sorry.

[@siddharthchavan1224]

When you kill the Golden Goose 🤔

[@daishi74]

Australian Gov are hypocrites. Calling for human rights in Xinjiang while commiting such offence themselves.

[@m.hoffman2889]

this is a small scale version of what will happen to our planet, greed can be our downfall

[@NoName-tz5ji]

Humans will die of natural disasters long before that.

[@igorrtkd]

Earth is beaming a giant nauru, let's rename it Planet Nauru

[@korkz808]

“Mo-Na-Ko” im fkn done 😂😂😂

[@ConnorGibbsAK]

I know right?! Why don’t these KZbinrs learn to pronounce this crap?! I mean how much effort does it take to Google “How to pronounce Monaco” and hear the first video that comes up? There were only like 3 things that could’ve been said wrong and he said 2 of them incorrectly! Also it’s “uninhabitable” not “inhabitable”.

[@NeilDinsmore]

😂😂😂

[@Michael_Michaels]

Those landscapes look my explorations in No Man's Sky.

[@lazyscholar7932]

Nauru was "raised" wrong by Australia, who along with New Zealand and Britain, exploited Nauru's phosphate deposits for decades. The people choose to exhaust their deposits once they gain independence because there was no other major exports to build a society with.

[@coa4853]

Are u making these videos alone or with a team? Either way good job. Earned my sub

[@SidenoteChannel]

Thank you. I make videos on my own.

[@juaneskorbar7228]

SideNote wow nice

[@danileliasov]

I was drinking and nearly choked at 00:01

[@curtiscarpenter9881]

White elephant economics, a economy can focus too much on a non sustainable resource but innovation, research, always involving skilled educated people it keeps the wheels turning better for longer.

[@Arcaryon]

If you want to do it right, be Saudi Arabia. Say what you want about their morals, the Prince means buisness and he will go down the tourism path and then proabbly expand into service and more intellectual buisnesses.

[@christopheb9221]

0:46 mAh-noc-O 😁 mon- -nā-co

[@johan.mp4]

Never heard anyone pronounce it like that, until now.

[@dr_davinci]

It is pronounced mon-eh-co right ?

[@spectrfox7661]

@@johan.mp4 Yeah me neither, I usually read it MO-na-co (monə kou) not mo-NĀ-co which sounds weird.

[@kurtis8583]

Kushal Nagwanshi yes

[@dr_davinci]

@@kurtis8583 hey thanks man for the confirmation.

[@percthirtington4588]

Why did you go from "Naw-roo" to "Nah-Uru" in the middle of the video

[@greyhead3626]

Kyle Phillip because he doesn’t speak English

[@PharaohNai]

You deserve more subs than this mate, you have my sub

[@ThisisBarris]

Hey man, Another great video - I love your style and I know it inspires me a lot with my own personal style. I agree with Botong lin - you need more attractive titles. I strongly recommend checking out "Half As Interesting"; your video style is similar and he has great titles.

[@ThisisBarris]

@@SidenoteChannel I understand. Do not worry about it - it happens, just do what you enjoy and interests you. I think that's what matters. In any case, keep up the great videos!

[@JD-un2zv]

Had no idea, seen nauru on travel shows, in news about disasters, but had no idea of that history..good content .

[@flatearthfatboy9589]

Incredible. Never heard of this

[@donsolos]

Millions of years of poop.... My brain: wait a mi... what?! 🤯🤯🤯

[@afnanabdhakim9945]

nobody gonna talk about how "poorest country" also has the most quantity of "obese" people worldwide?

[@chronicmp3297]

Holy shit you got some quality content jesus christ keep it up man keep it up

[@HeliouHyios]

very awkward cut at 4:43. I thought my PC was gonna die

[@maeam]

LMAO, Ikr???

[@HeliouHyios]

@@maeam abs fhag shhhs!

[@peteryeung111]

This channel keep pumping out interesting, unknown to most, videos.

[@dio.8598]

Truly disgusting that some "people" would do this horrible thing

[@PHCuber]

Omg your channel exploded!

[@PHCuber]

I hope you still remember me when ur popular

[@SidenoteChannel]

Hahaha.... I'll remember even if i don't get popular. You're my most consistent viewer. Thank you. Contact me on twitter if you need any help with making videos.

[@Nawaz_not_shareef]

In India, A person named Sushil Kumar win 5 crore (50 million) in a show name 'Kaun Banega Crorepati' Indian version of 'Who wants to be millionaire'. After winning 50 million he ended up having only 2cows now and forced to sell milk door to door. Reason :- Money handling.

[@themarbleking]

The people of Nauru got nothing. Australians took most of the money so only european Australians got rich.

[@aishwaryasingh6859]

The moral of the story.. . Exploitation of natural resources should be done in sustainable manner.

[@modder15]

This happened too in South America but the thing is no one lived on the island where the phosphate extraction was being done.

[@alexacosta2140]

“Conditions like that of Guantanamo Bay” Ok gitmo isn’t even that bad. They just can’t leave ever and get no trial, but the conditions are normal.

[@RuthCuadrado]

PROD. MCMXCIX Yeah, waterboarding is very normal

[@kjj26k]

Imagine defending a prison.

[@kaneworthington]

Never heard anyone pronounce Monaco like that before. 😂

[@voetbal12]

They had a high GDP because they had a tiny population, they never had enough to transform their country e.g. dubai

[@jerolvilladolid]

If they get the bird shit back today they wouldnt change a thing on what they did.