Why Eritrea Might Be The Worst Economy In The World

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Economics Explained

Economics Explained

Күн бұрын

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@EconomicsExplained
@EconomicsExplained Жыл бұрын
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@interstellarsurfer
@interstellarsurfer Жыл бұрын
It can always be worse.
@Charlie-phlezk
@Charlie-phlezk Жыл бұрын
Gaza is worse.
@death-istic9586
@death-istic9586 Жыл бұрын
Hi.
@marksmith-dn2wh
@marksmith-dn2wh Жыл бұрын
why do you shows pictures of other africans in these images when you talk about Eritrea? you do realize not every African look the same right?
@marksmith-dn2wh
@marksmith-dn2wh Жыл бұрын
plus Eritrea does not have terrible living conditions there's a lack of opportunity for citizens that's why they leave
@thedownwardmachine
@thedownwardmachine Жыл бұрын
“Things are never so bad they can’t get worse”. Both an important point to remember, and a great book about Venezuela.
@LuiStep_Music
@LuiStep_Music 11 ай бұрын
As Venezuelan comedian Dr. Briceño once put it: "Counties do *NOT* hit rock bottom" 🙁
@sanelemngadi9324
@sanelemngadi9324 11 ай бұрын
“It can always get worse” theon greyjoy
@DjPyro2010
@DjPyro2010 11 ай бұрын
Venezuela is only bad because of the sanctions that came years after their economic collapse and only in response to political repression and human rights violations
@AnaIvanovic4ever
@AnaIvanovic4ever Жыл бұрын
You are way to positive about the "diaspora tax", it is basically extortion and relatives in Eritrea are threatened if you don't pay up. Emmigrants from poor countried already send lots of money home to loved ones.
@Irwell1878
@Irwell1878 Жыл бұрын
All countries should have a diaspora tax
@tiktik-jv7hp
@tiktik-jv7hp Жыл бұрын
@@Irwell1878why should someone who moved away be forced to support a garbage country where they happened to be born
@Irwell1878
@Irwell1878 Жыл бұрын
Because it's their country. Why should someone with no connection to it have to pay taxes that end up being given as foreign aid when the people born there don't even want to give back. @@tiktik-jv7hp
@eVill420
@eVill420 Жыл бұрын
@@tiktik-jv7hp absolutely no reason, and their new country shouldn't approve it either
@BigPurp9
@BigPurp9 Жыл бұрын
@@tiktik-jv7hpI mean tbf it depends on how it’s spent. If we know that it’ll actually go to helping your home country improve then I wouldn’t have a problem with it. But we all know it’ll largely go towards a corrupt politician sending their kid to a private US/Uk school 😞
@shinyshinythings
@shinyshinythings Жыл бұрын
About the ad: just as a public service I want to mention that these same information sources are available for free, via your public library card, if you live in the US or the UK.
@randomsomeguy156
@randomsomeguy156 Жыл бұрын
Bump
@xxxBradTxxx
@xxxBradTxxx 11 ай бұрын
bump
@armintargaryen9216
@armintargaryen9216 11 ай бұрын
Bump
@MrUncredible1
@MrUncredible1 11 ай бұрын
bump
@isaac1674
@isaac1674 11 ай бұрын
Hump
@SidMajors
@SidMajors Жыл бұрын
One of my neighbors is from there. He's an 80 year old man with a big grey beard that can only say 'good' in Dutch. He has the eyes of the sweetest man, that has seen it all. Love and sorrow. Around my flat there's always junk that people throw down but he is always cleaning it on his own. We can talk about politics or economics all day, but stuff comes close to home and heart, when you meet someone like this every day.
@MenkoDany
@MenkoDany Жыл бұрын
eritreans are beautiful and strong. It's a shame about their ""government"". In an ideal world they would federate with ethiopia again, I hope one day the hate will dissipate and they will live together as brothers. Or maybe the african union can transform more into something like the european union and they become closer that way, but right now it all seems like a far-fetched dream..
@SidMajors
@SidMajors Жыл бұрын
@@MenkoDany Yes I definitely agree. I would say this about all Eastern African people that I have met in my life. I know there are rotten apples everywhere, but personally I have only met beautiful people in my own local life that were from this region. Lets hope this vision of yours will come to fruition one day 🙏
@kzcciynk
@kzcciynk Жыл бұрын
Tbh except for Somalians other East Africans are pretty chill i love how Somalians living in the west claim how their country is so safer than USA they want to live in developed progressive countries but don’t progress their backward religious extremist mindset
@Scoreonomics
@Scoreonomics Жыл бұрын
Noice
@HolaBruv
@HolaBruv Жыл бұрын
​@MenkoDany You mean in a disastrous world We tried it you guys almost annihilated our population and identity. We are very grateful for being freed from you however the only world is for peaceful non expansive coexistence.
@Slim_Thiccens
@Slim_Thiccens Жыл бұрын
"Every successful economy is successful in roughly the same way. Every economic failure is a failure in a unique way." You must be the first economist to make a casual Anna Karenina reference in a piece of detailed analysis. Certainly the first to be this slick about it. Applause
@billstrasburg384
@billstrasburg384 11 ай бұрын
I disagree. The failures are almost always the exact same problem.....socialism.
@VMohdude-
@VMohdude- 11 ай бұрын
@@billstrasburg384lol no
@billstrasburg384
@billstrasburg384 11 ай бұрын
@@VMohdude- What a brilliant argument you bring to the debate, but you are wrong. It's always government involvement that screws everything up. Prove me wrong.
@warrenbuckley3267
@warrenbuckley3267 11 ай бұрын
@@billstrasburg384 You do know every country uses socialism is some way right? You're making an extremely broad ignorant statement here, as every successful country needs SOME socialism. How else would a country afford infrastructure (e.g., roads, bridges) and services (police, fire, etc.). You seem to be coming from the typical American view of: socialism = communism, which is not correct. Of course too much government intervention (especially corrupt) is bad but so is little to no government intervention (Somalia). Like all things there needs to be a balance, too much one way or the other screws everything up.
@DjPyro2010
@DjPyro2010 11 ай бұрын
@@warrenbuckley3267 How do you read "it's always government involvement when an economy fails" and interpret that as "socialism equals communism" ?
@arcam8880
@arcam8880 Жыл бұрын
If living in Turkey has taught me anything it’s that it can always get worse
@Racko.
@Racko. 11 ай бұрын
I agree
@Jasyoucan
@Jasyoucan 11 ай бұрын
My boyfriend is from Eritrea and immigrated here with his mom and siblings. They literally some of the sweetest and kindest humans I know. His mom and older sisters has been through so much but still managed to keep their hearts and minds open. They also did a stand up job raising my boyfriend 🙌🏾❤️
@jdd5886
@jdd5886 10 ай бұрын
Eritreans are very warm, honest, and humble people. They value family and hard work.
@DahlaKabir-ERITREA-coast
@DahlaKabir-ERITREA-coast 9 ай бұрын
Which country are you from? Can I date your sister if you have one?😂❤
@dylanevans5644
@dylanevans5644 Жыл бұрын
I visited Eritrea about 10 years ago when my mother was working for VSO over there. It doesn't have many of the hallmarks of what one might consider a 'poor' country - like gangs or high crime. Nor were there people starving on the streets. They seem to mostly manage to sustain themselves off of the land. My understanding of the govt is that they are incredibly paranoid of outside influence - and with fairly good reason. Their history is one of abandoned Western promises and war. I can very highly reccomend the book "I didn't do it for you" - which is a story of their history told by an investigative journalist. A truly fascinating book. The people of the country were incredibly kind and generous and its a memory that will always stay with me.
@fightingspirit3512
@fightingspirit3512 11 ай бұрын
Thank you bro. Most negative stuff about Ethiopia comes from the TPLF who use lobby groups in brussel to spread negativity about Eritrea. There has been many riots made by fake "Eritrean refugees" who originally are Ethiopians from the Tigray region members of the TPLF. We are blessed but also cursed to have these people as our neighbors
@dylanevans5644
@dylanevans5644 10 ай бұрын
​@@dimamatat5548 Do you have any idea what you are talking about? Or just repeating something you have read? I have been there. The police don't "watch everyone" they couldn't if they tried, the state is far too disorganised and does not have the money to maintain any kind of police-authority. Eritrea IS and oppressive state. Their forced conscription is akin to enslaving their own people and the result of that is their young men and women have left in astonishing numbers. You can likely find some reasoning for the low crime in those facts, as opposed to the "police state" idea that western politicians like to throw around with little respect to the reality of the country.
@esseyasbu5797
@esseyasbu5797 10 ай бұрын
Thank you for telling the truth! We Eritreans get sick and tired of those patronizing harbingers of poverty, who are masked as "human rights activists" and see themselves as the "white savors."
@jdd5886
@jdd5886 10 ай бұрын
Thank you for sharing these beautiful memories
@danielbarnabas2206
@danielbarnabas2206 9 ай бұрын
Respect telling the truth
@samson.daniel
@samson.daniel Жыл бұрын
90% of videos and images shown here are not from Eritrea. You could have done simple search online
@baze703
@baze703 11 ай бұрын
Literally no one cares. All looks the same
@samson.daniel
@samson.daniel 11 ай бұрын
@@baze703 it's not the same at all. Do me a favour and check another video of Eritrea or the capital
@phoenix7756
@phoenix7756 10 ай бұрын
They even spelt the country wrong. Ignorance
@Iamwierdopapi
@Iamwierdopapi 10 ай бұрын
​@@baze703😂 nice try
@emanueltekie1596
@emanueltekie1596 9 ай бұрын
Not Eritrean ok
@DhadirMohamed-q2x
@DhadirMohamed-q2x 9 ай бұрын
I love you Eritreans you will rise and build the best economy in Africa Eritreans are smart people from your brother with lots of love from Somalia we love you Eritrea your best friend in Africa
@ermias4014
@ermias4014 9 ай бұрын
Right back to you. haters will say anything just pay them. Somalia 🇸🇴 the land of braves and Eritrea 🇪🇷 will rise up together ❤️.
@businesseagle1
@businesseagle1 9 ай бұрын
As an eritrean, the most picture used in this video is not ours. But the video is all correct that is why we migrate from our beloved country. thank you!
@jestinmathew4503
@jestinmathew4503 Жыл бұрын
I have noticed that many people in underdeveloped and developing countries seem want their countries to become developed overnight, hence they support any draconian measure that seems to advance the country forward even though it does long term harm than good and keep whining that their country sucks and has no future. People need to understand that unless their country has large reserves of oil/gas or other high value natural resources with high global demand or becomes a tax haven, the journey to economic prosperity is a slow and steady process and mistakes in policy making is usual since mistakes are a part and parcel of life. Certain reforms and policies also take time implement and it's effects will not be seen immediately. I hope more people understand this and work with preserverance to develop their countries. No country is perfect. The people must strive to make it as perfect as possible.
@RuffinItAB
@RuffinItAB Жыл бұрын
Well that's the thing, people in these countries are often uneducated. Any politician with a modicum of charisma can come in, say something that sounds promising, and the people will hope they know what they're talking about and give them power.
@Miaphysite3
@Miaphysite3 Жыл бұрын
Our problem is political not economical.
@stingman777
@stingman777 Жыл бұрын
When you are starving or regularly in fear for your life, you don't have the luxury of thinking long-term.
@baddreams4368
@baddreams4368 Жыл бұрын
Bruh I love my parents country of Liberia 🇱🇷, but man, It’s gonna be so hard to make progress with like a 40% adult literacy rate.
@merrymachiavelli2041
@merrymachiavelli2041 Жыл бұрын
Something I always think about isn't how difficult it is for a country to highly developed, that makes sense, but how difficult it seems to be for very low income countries to even just be middle income. India, or even Kenya, is over twice as wealthy per capita as twenty-three Sub-Saharan African countries. I understand they're poor, how are they _so_ poor.
@renerpho
@renerpho Жыл бұрын
A friend of mine came from Eritrea to Germany in 1990, as a little girl. She and her family had fled from war and poverty. Female genital mutilation was (and has been until very recently) almost universal throughout the country, and unlike her mother, she has been lucky to escape this fate. Just horrible.
@HolaBruv
@HolaBruv Жыл бұрын
Technically since 1991 it has greatly decreased to the levels of rarely done nowadays since the govt is like a Socialist one
@thenoobprincev2529
@thenoobprincev2529 Жыл бұрын
Should be noted that Male Genital mutilation is also Rife in that country(a rate of almost 100%), and infact many other countries in the world. Around 1/3rd of All Men in this world globe are mutilated after birth, and Yet nobody gives two sh*ts about it for some reason.
@shauncameron8390
@shauncameron8390 Жыл бұрын
@@thenoobprincev2529 Simple. Females are not supposed to suffer anything. That's reserved for males.
@baze703
@baze703 11 ай бұрын
You’re bragging about draining the talent from their destitute country. It is absurd to keep this up. Basically just making poor women be mothers at no benefit to their countries so that western women can forgo their natural roles and instead work more
@IT-qb7dw
@IT-qb7dw 11 ай бұрын
Fgm is over and so is the war. Eritrea is a tough country to be in. They don't allow for second chances
@bobjonson143
@bobjonson143 Жыл бұрын
The final rateing at the end was just brutal.
@Ruzzky_Bly4t
@Ruzzky_Bly4t Жыл бұрын
Basically, it's on the same level as living in the middle ages.
@stapleman007
@stapleman007 Жыл бұрын
If only the Roman Empire was still around to absorb them.
@vak1ng62
@vak1ng62 Жыл бұрын
@@Ruzzky_Bly4tnot really, more like the 1930s lol
@baze703
@baze703 11 ай бұрын
@@Ruzzky_Bly4tEurope during the Middle Ages was home to the most advanced civilizations to that point. Look at the architecture from the Middle Ages compared to the huts in this video
@EdT.-xt6yv
@EdT.-xt6yv 11 ай бұрын
15:21 climate change effect?
@yunakim1708
@yunakim1708 11 ай бұрын
As an Eritrean, I am quite disappointed that the pictures and videos used are not the accurate representation of my country. I have watched a lot of your videos but this one was quite a letdown.
@jofjjhh7786
@jofjjhh7786 6 ай бұрын
i can tell u thats because he couldn’t find pics and vids of the miserable and empty people of the nation. Its that bad buddy.
@Bino9898
@Bino9898 Жыл бұрын
"Assuming it will be willing to give up power when it is necessary" is a laaaarge assumption
@Demopans5990
@Demopans5990 Жыл бұрын
In a way, the military dictators that were in control in South Korea still did not give up total control
@DionEccles
@DionEccles 11 ай бұрын
Watching from Trinidad and Tobago 🇹🇹. Can't wait to see a video on us.
@nto779
@nto779 Жыл бұрын
As someone who was born in Eritrea, it feels weird being born in one of the worst countries only to migrate to one of the best, Norway which is the country i currently live in. lucky my parents knew which country to pick.
@gabrielsilva-pl3dx
@gabrielsilva-pl3dx Жыл бұрын
Wow this is completlly extreme
@pjacobsen1000
@pjacobsen1000 Жыл бұрын
I'm sure that every winter, in the middle of the cold, wet darkness, you think to yourself: At least it's not Eritrea.
@edjohnson8017
@edjohnson8017 Жыл бұрын
Lucky the Norwegian government had such liberal refugee migration visas
@baze703
@baze703 11 ай бұрын
Leech.
@gabagooom
@gabagooom 11 ай бұрын
​@@baze703Assuming they don't pay taxes?? They seem grateful to be there so I don't see the need to make such a remark.
@defealeladia9990
@defealeladia9990 Жыл бұрын
Crazy how you use videos of Nigeria for Eritrea. Moscow is closer to Paris than Lagos is to Asmara, but Africa is a country I guess.
@IHateGoogle6969
@IHateGoogle6969 Жыл бұрын
There was also stock footage from the US and other countries in the world. Are you going to complain about those too?
@samiarku1176
@samiarku1176 9 ай бұрын
@defealeladia9990 🫡
@kevincronk7981
@kevincronk7981 Жыл бұрын
I'm an American and grew up with Eritrean and Ethiopian Americans, just my class of 13 people in middle school probably had more Eritreans than there are North Koreans in the US. Isais's regime is terrible and still very authoritarian, but it's not North Korea, it's its own thing.
@baze703
@baze703 11 ай бұрын
They should use their talents at home and not build up numbers to war w us. They waged civil war w Ethiopians for decades
@WediSoira
@WediSoira 11 ай бұрын
@@baze703civil war with Ethiopia was because they illegally annexed Eritrea And committed massacres against Eritreans. They can’t use their talents back home because of conscription and other obstacles they face
@FernanPer94
@FernanPer94 Жыл бұрын
In my opinion, Turkmenistan stands out as one of the least favorable places to reside, alongside Eritrea. This is largely due to the authoritarian rule imposing extensive restrictions and a peculiar fondness for the color white.
@amj.composer
@amj.composer Жыл бұрын
Nk?
@alexandru5369
@alexandru5369 10 ай бұрын
Yep, Turkmenistan, Eritrea, and North Korea are the totalitarian armpits of the world
@yousufaman1738
@yousufaman1738 9 ай бұрын
Pure western propaganda
@keshi5541
@keshi5541 7 ай бұрын
fondness for the color white?
@grizzlednerd4521
@grizzlednerd4521 Жыл бұрын
Taxing a countries diaspora doesn't seem to have much benefit on the diaspora itself. Essentially taxes are an arrangement for citizens to fund government services. Eritrean diaspora wouldn't seem to gain anything by being taxed for life due to where they happened to be born. To me this just seems to be an extension of the Eritrean's government's approach that their citizens owe them, rather than them being beholden to their citizens. In my opinion, citizens leaving a country SHOULD be an outcome of a totalitarian dictatorships. At least they get to vote with their feet.
@pandusonu
@pandusonu Жыл бұрын
13:19 great use of Anna Karenina opening line
@howtoappearincompletely9739
@howtoappearincompletely9739 Жыл бұрын
“Happy families are all alike; every unhappy family is unhappy in its own way.” Good catch. I didn't pick up on the reference.
@HYohannesEri
@HYohannesEri Жыл бұрын
Premise is largely correct, Eritrea’s economy is garbage, however the video is poorly made. Stock videos are inaccurate (they depicted people from other countries), at 1:49 you can see an obvious misspelling- Eretria,6:20 he mentions national service is extended over 18 month for certain occupations - this is not true, it’s extended for nearly all. Seems like a video researched over a couple hours, providing information you could gather from the wikipedia section on the Eritrean economy, with some stock videos of Africa plastered over it. Expected better as apparently this guy has a “team” of researchers creating every video. He could have started with a brief explanation how the socialist ideology of EPLF formed under the backdrop of national liberation & the cold war, how its future leader was sent to china to learn about maoist philosophy, the 90s & the failed implementation of the constitution, the 2000s war and aftermath of strict control of all aspects of the socio economic landscape of Eritrea, the refusal of foreign aid & sanctions etc
@freeReplies
@freeReplies Жыл бұрын
Please make a video on Ghana, the country's economy is really interesting especially for the past few years. Tis is also an election year so a lot will happen which will a direct effect on the economy
@plasmacannon1198
@plasmacannon1198 Жыл бұрын
Unpopular opinion probably but I would remove the GDP from the ranking and replace it with something else, as it is a derivative of gdp per capita and therefore is kinda just giving points to countries with larger populations
@mikechadid2568
@mikechadid2568 Жыл бұрын
Its not. The fact that its gpd per capita (or just money divided by people) means it takes into account both. Look at Luxembourg or Monaco, they got a GDP per capita higher than China or the US, both having wayyy bigger populations than that of monaco or Luxembourg. I agree tho maybe he could consider taking it out as GDP isnt the best measure
@TheCheeseman1983
@TheCheeseman1983 Жыл бұрын
What’s wrong with giving points to countries with large populations? The more people you have, the more you can produce. The number of people living in a country is very important when considering the strength of that country’s economy.
@plasmacannon1198
@plasmacannon1198 Жыл бұрын
@@TheCheeseman1983 you’re not wrong - more people paying in means larger coffers. Just in an economic performance ranking it seems like giving points for good dice roll
@TheCheeseman1983
@TheCheeseman1983 Жыл бұрын
@@plasmacannon1198 A country’s population isn’t really a dice roll, though. This video mentioned the issues that mass emigration can cause for a country, and the size of a country’s landmass, how fertile and resource rich that land is, and many other factors that tend to correlate with population size are all important to that country’s economy. The population of a country isn’t random, it’s the result of countless complex interactions and events over generations.
@prplt
@prplt 11 ай бұрын
6:46 interesting stats apparently Burkina Faso under a military junta has more free press than Mauritius or Ghana which are one of the most democratic countries in Africa? 🤯
@TheSuccessGuyPR
@TheSuccessGuyPR Жыл бұрын
Love your channel! Cheers from Puerto Rico.
@nifemidosunmu4435
@nifemidosunmu4435 Жыл бұрын
Why is there footage of Nigeria in a video about Eritrea😂😂😂
@edjohnson8017
@edjohnson8017 Жыл бұрын
How are you going to get footage from a place like Eritrea tho lol
@debbyek5294
@debbyek5294 11 ай бұрын
@@edjohnson8017don’t be stupid
@edjohnson8017
@edjohnson8017 11 ай бұрын
@@debbyek5294 it’s a very difficult nation to enter and film and a company doing stock footage would be unlikely to go to a nation that’s that difficult and relatively small and hard to fly to. So I guess the stupid one is you.
@Afroxable
@Afroxable 10 ай бұрын
​@@edjohnson8017so you just take footage from other countries and don't even mention it ? Lol
@edjohnson8017
@edjohnson8017 10 ай бұрын
@@debbyek5294 I think the stupid one is the one who thinks you can take a film crew to Eritrea
@Jeal0usJelly
@Jeal0usJelly Жыл бұрын
Please do an episode on Rwanda and whether or not it really can become Singapore of Africa
@EternalSummer-
@EternalSummer- Жыл бұрын
It can't. I'm from Singapore and most of Africa including Rwanda is more underdeveloped and unstable than Singapore in the 1970-80s which is 40-50 years ago. Singapore has come a long way since the 1980s and is less polluted than even Japan or Korea, with a higher GDP. It is also a service economy and strategic port more than an industrial powerhouse. African countries should aspire to industralise first..... Like China
@cbastien92
@cbastien92 Жыл бұрын
With what? Congo natural resources? 😅🇨🇩
@cbastien92
@cbastien92 Жыл бұрын
@@EternalSummer-Mauritius can but politicians are holding back for their own benefits
@cop5144
@cop5144 Жыл бұрын
LOL
@hanrianangga2608
@hanrianangga2608 11 ай бұрын
NEVER
@Roli-kh3ff
@Roli-kh3ff Жыл бұрын
Calling Eritrea the North Korea of Africa is an insult to North Korea
@ermias4014
@ermias4014 9 ай бұрын
North Korea and Eritrea 🇪🇷 are not puppets for the west they stand up for themselves that is why they have been pushed out, but it is only a matter of time before they rise up.
@dalac_93
@dalac_93 7 ай бұрын
What a clown
@solomongebrehiwet3425
@solomongebrehiwet3425 11 ай бұрын
I'm Eritrean I grew up there what I didnt understand on this video is the the clips that used. Where did you get this!? All are collected from different countries. I have no question on the facts you provided, all are true and lived experiences, however your video clip doesn't tell about the society and culture it may mislead your viewers.
@solomongebrehiwet3425
@solomongebrehiwet3425 11 ай бұрын
@@trussom647 the video has watched more than 400k, imagine how many of them are already misled.
@firewbekele
@firewbekele 9 ай бұрын
I from Ethiopia, Yes it is completely unfair. They didn't know Eritrea at all.
@toby8814
@toby8814 10 ай бұрын
Mention how Eritrea kept its waters clean, its tribes equal, its sovereignty and didn't exchange this and much more for what we call 'economic growth'. May it grow when the criteria for growth don't involve losing its natural and cultural wealth.
@yousufaman1738
@yousufaman1738 9 ай бұрын
He’s British they like to talk rubbish
@vincentwarrin3766
@vincentwarrin3766 Жыл бұрын
5:24"Piracy is not exactly something a flourishing economy is going to be built off of" - Enter the British Empire...
@jonathan2847
@jonathan2847 Жыл бұрын
The British Empire wasn't built off piracy.
@carlbates9110
@carlbates9110 Жыл бұрын
Britain ruling the waves made piracy very unprofitable and very risky.
@freetolook3727
@freetolook3727 Жыл бұрын
Eritrea doesn't have an economy, doesn't have any natural resources, worst living conditions... But they have guns! 💥😂
@heavent883
@heavent883 10 ай бұрын
70% of Eritrea's land is mineral resources 50% of Eritrea's coastline is another mineral resource all African countries are like this but their government are...
@einhornwelt6571
@einhornwelt6571 9 ай бұрын
We give Priority to Security because we fought 30 years to be free.🇪🇷
@keshi5541
@keshi5541 7 ай бұрын
we have gold and potash. We also have plenty of salt among other things.
@dalac_93
@dalac_93 7 ай бұрын
Another lie as usual
@WZen0
@WZen0 Жыл бұрын
We have a local Eritrean food place and I can't put it any other way than him being an absolute cornerstone of the local community.
@renerpho
@renerpho Жыл бұрын
My favourite restaurant is Eritrean. Great cuisine, great people. It's a shame they're country is doing so poorly.
@baze703
@baze703 11 ай бұрын
No it’s not. You’d be perfectly fine wo it
@h____452
@h____452 2 ай бұрын
@@baze703 why you hating?
@baze703
@baze703 2 ай бұрын
@ hate? Reality isn’t hate. We’re told supposed to let masses of these people come through bc their homeland is wrecked. But their homelands are wrecked bc don’t get along w anyone, even ppl that look like them
@TheLockerzer
@TheLockerzer Жыл бұрын
According to the internet, you’d think the worst country to live in is the USA 😂
@robertsproull6750
@robertsproull6750 4 ай бұрын
An inverted form of American exceptionalism? We can't just be a country with problems, our problems have to be the WORST problems!
@jumeas4035
@jumeas4035 10 ай бұрын
Why are you discussing the economy of Eritrea and showcasing various countries in the clip?
@aiwanano6507
@aiwanano6507 Жыл бұрын
Eritrea helped commit genocide in Tigray during the Tigray War by mercilessly destroying countless hospitals (in cities safely under their control), schools, indiscriminate bombings and artillery shelling in civilian areas, committing wide-spread ethnic-based SA & r*pes on both genders, large-scale massacres (one of the largest being a thousand church goers in one of Ethiopia's holiest and oldest cities, Aksum), extrajudicial killings, burning and salting farmlands and entire villages, and aiding local militias to commit ethnic cleansing (which is ongoing today), among other crimes. All of this anyone can look up. Eritrea's dictatorship is truly on the levels of North Korea & their leader is truly sick. They literally lock up teens and young students belonging to families of "political opponents" inside metal cages in the desert (no one knows what happened to them now) while being responsible for war/conflict on all of their neighbors. There's so much wrong with a dictatorship when 10% of the population has already fled.
@ima8533
@ima8533 Жыл бұрын
Yea that’s true, but tplf dictatorship was equally brutal
@aiwanano6507
@aiwanano6507 Жыл бұрын
@@ima8533 Sure, but it doesn’t justify what Eritrea did. It also doesn’t help that TPLF did much more for a better Ethiopia than Isaias for Eritrea (with the cost of authoritarianism that Abiy is essentially continuing but on a much more devastating scale). Ethiopia was skyrocketing in modernization since 1991 until recently & everybody saw. Eritrea also did more damage in Tigray than TPLF inside Eritrea. I say this just to highlight & compare how terrible the Eritrean dictatorship is by comparing it with a similar group that actually brought its people up (Ethiopia now accepts more refugees than any other east-African nation or bordering nation besides Egypt & South Africa), unlike Eritrea’s rulers.
@vak1ng62
@vak1ng62 Жыл бұрын
this is soooo biased its not even funny
@clipaqua8848
@clipaqua8848 Жыл бұрын
you fail to mention the tigray tplf of ethiopia started that war because they lost political power of the country, sent missiles to Eritreas capital Asmara and instigated a fight they could not beat. now all thats left is a smear campaign by Diaspora tigrayan Ethiopians...dont pretend to care about eritreans.
@panafrican2003
@panafrican2003 11 ай бұрын
​@@aiwanano6507u forgot that most people died because of lack of food, lack of medecin and drone strike, all of this is controlled by the Ethiopia federal goverment not Eritrea, look at people in amhara region that are dying from drone strike strike and tigrayens dying from hunger, Eritrea is not there so who is making it happen?
@andresuaza
@andresuaza Жыл бұрын
I would love to see an EE about Colombia!!!! Make a video about my country, PLEAAASEEEE??!!
@alexmancera6566
@alexmancera6566 Жыл бұрын
Yessss there is so much to talk about too
@xmediabox
@xmediabox 10 ай бұрын
It is also not true, as is claimed here, that the history of Eritrea here was only a port city of Italy... There was only a war of occupation with Ethiopia, in reality Eritrea is part of Ethiopia and the dispute was more about Ethiopia's internal power. One day the time will come when Eritrea and Ethiopia will come together and become one country. All the people living in Eritrea have their origin in Ethiopia and a very powerful empire was once created here that will determine the history of the world, which is why the West is doing a lot to weaken these countries at all levels. That is why one of these people is asking the West to leave Eritrea and Ethiopia in peace
@Kalatash
@Kalatash 11 ай бұрын
I did a double take when I thought I had heard the phrase "artisanal mines" during the summary.
@Ours-r5w
@Ours-r5w Жыл бұрын
You forgot to mention that Eritrea does not take loans like other African countries
@10xstkf
@10xstkf Жыл бұрын
as always good video. But where do you get all these footages. I have mixed feelings about them.
@samis1219
@samis1219 11 ай бұрын
The footage ate not from Eritrea
@bugsi
@bugsi Жыл бұрын
Brilliant Video. Do Nigeria next. Let's see how the largest economy in Africa is doing
@AuroraBoarder1
@AuroraBoarder1 11 ай бұрын
😂😂😂😂😂 Let's see how much those scammers have contributed!
@bugsi
@bugsi 11 ай бұрын
@@AuroraBoarder1 well... that was needlessly racist
@blazer9547
@blazer9547 9 ай бұрын
​@@bugsiNigeria is a race,?
@tsamthomas1742
@tsamthomas1742 10 ай бұрын
The diaspora Tax was set up voluntarily by Eritreans living outside the country. It is not compulsory to pay it. You can renew your passport and Eritrean ID card and visit the country visa free as Eritrean without paying it.
@AnwarAliCodes
@AnwarAliCodes 11 ай бұрын
most of the footage in this video is not of Eritrea
@redheads604
@redheads604 Жыл бұрын
the ad reminds me of that key and peele sketch, something about Thomas Jefferson....
@Reason1993
@Reason1993 Жыл бұрын
There is no any footage of Eritrea in your KZbin video This is hugely exaggerated. I don't think you know much about the country
@ThePanEthiopian
@ThePanEthiopian 11 ай бұрын
The background footage is not even in Eritrea😂
@merlinbrother1177
@merlinbrother1177 11 ай бұрын
Freedom of the press is nonexistent in that country. So materials may be hard to come by. Despots have no great like for people recording failures.
@fightingspirit3512
@fightingspirit3512 11 ай бұрын
@@merlinbrother1177 There are several photos on google and videos in youtube that your can use as background foto you dont need "free press" for that.
@Zeyede_Seyum
@Zeyede_Seyum 9 ай бұрын
@@merlinbrother1177 You can find lots of footage from EriTV 📺
@bobbyevans6910
@bobbyevans6910 Жыл бұрын
Could you do an updated video on the US economy?
@HolaBruv
@HolaBruv Жыл бұрын
Starts a Video saying Eritrea rarely presents videos and pictures of Eritreans. 😂Lol. Those aren't Eritreans you are showing other ppl.
@Somerandomnamex
@Somerandomnamex 11 ай бұрын
Because it's completely unnecessary. This video is about the economy of Eritrea, not what the people there look like.
@HolaBruv
@HolaBruv 11 ай бұрын
@Somerandomnamex Technically it is necessary or else ppl wouldn't take your research seriously since it could be just like the video. Another countries information and presented wrongfully as If it's Eritrea's.
@papaschlumpf332
@papaschlumpf332 11 ай бұрын
Why did they turn Eritrea in such a shithole?
@DavidGidey
@DavidGidey 7 ай бұрын
​@@SomerandomnamexAgreed. It's not the main subject of the video.
@aarongebreslasie7677
@aarongebreslasie7677 11 ай бұрын
I'm an Eritrean who used to live in there. The totalitarian regime has crumbled the country into ruins. It's really sad to witness such an isolation, when Eritrea is located in a strategic position.
@fightingspirit3512
@fightingspirit3512 11 ай бұрын
You're Ethiopian not Eritrean. We know TPLF has 3000 fake accounts pretending to be Eritreans online.
@dirkembery9303
@dirkembery9303 11 ай бұрын
Enjoyed the video but having lived in Eritrea for a couple of years, I noticed very little of the video footage was actually from Eritrea but Africa stereotype.
@HitmiAlHitmi
@HitmiAlHitmi 11 ай бұрын
Egypt nearby and their currency been free falling, yet I still see the economy sector booming. how is that possible ?
@abdalhadifitouri131
@abdalhadifitouri131 11 ай бұрын
Oh my god... 550 usd a year
@chevtruck1000
@chevtruck1000 Жыл бұрын
It is always good to be accurate. You nailed the shipping companies priorities regarding what they are most concerned about. Ships, cargo then crew. You're not old enough to remember when some companies knew that it was their people that mattered.
@victorodulate7548
@victorodulate7548 Жыл бұрын
The video clip at 8;30 is from Nigeria, and that's just not right.
@SirBenky
@SirBenky 11 ай бұрын
Many of the clips are Nigerian clips
@focuskerala2022
@focuskerala2022 11 ай бұрын
Hi, could you do a research and video on Indian State of 'Kerala'. It is a clear outlier in Human Development Index in South Asia, but is facing a huge problem of brain drains. Economists once applauded the 'Kerala Model', but right now, the model has backfired the Kerala Economy.
@KamikazeMedias
@KamikazeMedias Жыл бұрын
Eritrea following equality on conscription wise is one thing the west can follow and not be hipocrytes
@shauncameron8390
@shauncameron8390 Жыл бұрын
Agreed.
@heavent883
@heavent883 10 ай бұрын
Isreal and south Korea do it
@chidubememma-ugwuoke9660
@chidubememma-ugwuoke9660 8 ай бұрын
@@heavent883they aren’t in the west tho
@americameinyourmouth9964
@americameinyourmouth9964 Жыл бұрын
Eritrea used to have the top spot for Debt to GDP in 2004 at 263% but is now 163% as of 2022 according to tradingeconomics. Were they granted mass debt relief? No way they paid that off.
@ezeket7482
@ezeket7482 Жыл бұрын
Eritrean debt is almost exclusively denominated in Nakfa (the national currency). The Eritrean government has also been running at a budget surplus for the past few years. I wouldn’t put much weight on such numbers
@americameinyourmouth9964
@americameinyourmouth9964 Жыл бұрын
@@ezeket7482 tradingeconomics uses estimates from studies from IMF, UN, etc… Maybe the debts expire? Lol can international sovereign debts expire like consumer debt?
@hk254lyt8
@hk254lyt8 Жыл бұрын
Do a review of the EAC
@william3228
@william3228 11 ай бұрын
I just wanted to say that most women from Eritrea that I've met here in the states were absolutely beautiful.
@ThePanEthiopian
@ThePanEthiopian 11 ай бұрын
My very comedic friend told me this joke once When God looked at the cost of the Red Sea he noticed that it was a bit too green and he asked Gabriel "why is that area too green isn't it supposed to be a desert" and Gabriel replied no that's Eritrea all the green came from the soldiers clothes.
@m.s.e.4192
@m.s.e.4192 11 ай бұрын
Ohhhh...that is funny. 😂😂😂 Unfortunately most of our military is desert like....so you wouldn't see us.
@AuroraBoarder1
@AuroraBoarder1 11 ай бұрын
An Ethiopian Stanford student told us this joke once. An Eritrean man and an Ethiopian man were arguing. The Ethiopian said, "My country is better than yours. We don't have people pissing on the street. " "Oh, yeah? Prove it!" answered the Eritrean. So the Ethiopian took him for a drive. Street after street was perfectly clean, with well-mannered people. The Eritrean became angry - but then, he spotted a man pissing in the street. "Look, see? I thought you said nobody did that here!" he said triumphantly. They jumped out of the car and ran over to the man pissing in the street. He turned out to be Eritrean.
@CoG30
@CoG30 11 ай бұрын
Says the Ethiopian. Go deal with your ethnic wars
@mahrmussie5681
@mahrmussie5681 11 ай бұрын
Insulting the killer of your father helps you to sleep. We Eritreans know your situation very well. By the way, the green is your incesters dead body that got killed by shabya in Nakfa front😅😅😅
@heavent883
@heavent883 11 ай бұрын
says ethopian where other ethic grop kills other ethic group, like 18 century savges
@Filliejean
@Filliejean 11 ай бұрын
Couldn’t take the video seriously when all of the b roll was of any African country, except Eritrea. 😅🤣😅🤣
@Miaphysite3
@Miaphysite3 Жыл бұрын
I requested two times, I can’t believe you did it.
@tareqrahman6501
@tareqrahman6501 Жыл бұрын
Please do a similar video on Bangladesh, one of the fastest growing economies in the world
@drg598
@drg598 11 ай бұрын
It may fall into .s.l.a.m.i.c r.a.d.......
@coolnoob5508
@coolnoob5508 Жыл бұрын
Why do I feel when we think : this could not go worse Things are put in motion beyond our control to make things intentionally worse 😢
@Ynhockey
@Ynhockey Жыл бұрын
It's true that Eritrea is a very poor economy, but it's also not a failed state like Somalia and some other countries in the region. For example, it's possibly the safest country in Africa, with theft rates that favorably compare to the West, plus generally low crime. This can be attributed both to the overwhelming central control, but also Eritreans' culture. I met some people from there in Israel, and have seen a bunch of videos about the country, and it seems like far from the worst in the region to live in.
@kingsiddiq4153
@kingsiddiq4153 11 ай бұрын
Somalia 🇸🇴 is no longer a failed state and they now are digging for oil!
@amand1474
@amand1474 9 ай бұрын
All images does not represent to these peace loving people. These people may be poor materally but rich morally and heroic and honest nation.
@Michael-st5yf
@Michael-st5yf Жыл бұрын
But the background image and video is not that of Eritea; why are you out with guns blazing to tarnish the image of Eritrea? Why mislead your viewers?
@amanyohanes9588
@amanyohanes9588 8 ай бұрын
The reason why I don’t trust videos like this is because most of the videos they showed was not from Eritrea and a lot of the information is mostly propaganda I should know I’m Eritrea
@anthonymanderson7671
@anthonymanderson7671 Жыл бұрын
Sad to see what eritrea became. This shows an example when african revolutionaries liberate the nation, it later turns out into dust.
@shauncameron8390
@shauncameron8390 Жыл бұрын
Exactly.
@Valivali94
@Valivali94 11 ай бұрын
Cute add but where I live the state was pretty "special" about heritage around 80 years ago, so I already know that back to around 1850, or even longer.
@unholyrevenger72
@unholyrevenger72 Жыл бұрын
You got one thing wrong. If one business in a capitalist economy makes a bad decision it brib... lobbies the government for a hand out and the tax payers pay for the bad decision.
@floxy20
@floxy20 Жыл бұрын
Very few failing businesses are bailed out by government. The ones that are become the darlings of the left wingers who want the government to pursue an "industrial strategy." But because governments are composed of dunderheads (otherwise they'd get a real job) the plans usually end badly. I hope this clears things up.
@TheTungdil2
@TheTungdil2 11 ай бұрын
Do you have a video or plans to do a video of the layoff economy? Seems lots of companies are jumping on this bandwagon of laying folks off as an excuse (possibly not, but this is the point of the video). Also, what are the long term ramifications of layoffs at this scale not tied to a specific event? Is this the new norm? Just an idea… not sure if this has been done already or is flat out a dumb idea.
@m2heavyindustries378
@m2heavyindustries378 11 ай бұрын
A layoff economy...You mean a regular economy video. No one does a video on a buying economy / a selling economy cos that's just what they call a REGULAR ECONOMY. Mind elaborating what a "layoff" economy is?? Layoffs / hirings are part and parcel of all economies.
@yonii_07
@yonii_07 11 ай бұрын
Great content in general, but why are you displaying West African videos while discussing an East African country? It's like talking about Norway and showing the Eiffel Tower from France. At least display something related to the country you are discussing.
@sem5548
@sem5548 7 ай бұрын
The video and pictures in the video are not from eritrea but the info about eritrea is correct. We have the most insane leadership in the world.
@cincinladohio
@cincinladohio 11 ай бұрын
PLEASE do a deep dive and explain the economics of childcare in the US
@WorldinRooView
@WorldinRooView 11 ай бұрын
The lady at 8:10 seems like she really wasn't cool with being a part of some stock footage.
@jmlw84
@jmlw84 10 ай бұрын
Makes a video about Eritrea, but then uses video footage from almost every other part of Africa except Eritrea to make the video 🤦
@amangoitom926
@amangoitom926 9 ай бұрын
I don’t understand why all the clips shown here are not even Eritrea. You can easily tell by the people that it’s not eritrea
@princem5155
@princem5155 Жыл бұрын
Your research skills are top notch
@samson.daniel
@samson.daniel Жыл бұрын
Not exactly. None of the images and videos he showed were from Eritrea. It's mostly in Nigeria and Uganda
@Israel_martines
@Israel_martines Жыл бұрын
Where is all the talk about AMZPKK coming from? It is everywhere and in each comment section
@praveshmalik3477
@praveshmalik3477 Жыл бұрын
They are promoting Amazon's cryptocurrency free of cost by storming comment section so that people get confused and search on Google for that. Just like you and I got confused and now we know what it is. So its just a technique for free marketing 😂
@XzMattyxZ
@XzMattyxZ Жыл бұрын
Bots or device sweatshops flooding comments most likely
@HeavenlyIntervention
@HeavenlyIntervention Жыл бұрын
Report spam
@sararufael6903
@sararufael6903 Жыл бұрын
The extensive research is kind of undercut by the non-stop footage of random african countries. Would it have been that difficult to find stock video/images from Eritrea? or at least Ethiopia lol.
@samson.daniel
@samson.daniel Жыл бұрын
I am still amazed how he searches for the articles if he can't even get images and videos of Eritrea right
@samson.daniel
@samson.daniel 11 ай бұрын
@Flawless.Geck0 yes but there are plenty of videos of the people walking around the town. He could have used it than images of Nigeria.
@keshi5541
@keshi5541 7 ай бұрын
@Flawless.Geck0 So showing another country is better than showing the capital city of the correct country. You make no sense.
@toby8814
@toby8814 10 ай бұрын
The analogy mentioned is absurd. This is a country that is younger than many of this channel's viewers. And even after its long sought after independence, it has been at existential risk. Lack of foreign investment which instead coerces to be their own military base and vassal economy for said investment to occur, is what causes the economy to require the youth to take part in military service to keep things going, more than elsewhere. This is simply natural for such a young country. And military service in of itself is also very logical considering the country's recent history. Those who criticize these things (not to say there aren't, as anywhere, things to criticize) don't know what they are talking about. Lets stop making out of context comparisons that don't help in the slightest. Investment without coercion, without further political aims like the West does, and that's how the economy can be propelled. For now, what they are doing is a natural outcome of a young economy. That doesn't wish to turn to anarchy, like the reality nearby, nor to foreign powers taking over by the sneaky neocolonialism we find elsewhere in Africa, that doesn't benefit the population there and just creates the stark inequality we naively consider 'economic growth'. You don't criticize those countries, their profits fill enough pockets to create the illusion of a 'developing' nation, and yet require the inequality to keep this illusion going. And yet their population isn't nearly as innocent and happy as you will find of Eritreans.
@VonPete105
@VonPete105 Жыл бұрын
Blaming Eritrea's inclusion in Ethiopia on western powers is factually incorrect and completely ignores the role played by Haile Selassie after and Ethiopia itself immediately after WW2, Ethiopia being in fact technically an empire at the time and even now being a federation of many tribes that view themselves as distinct and often very much don't get along.
@baze703
@baze703 11 ай бұрын
Doesn’t matter who is to blame. They can’t get along w people that are genetically equivalent to them just bc of their tribalism. This means shouldn’t be allowed here either
@Archeaon
@Archeaon Жыл бұрын
Dude exporting people is not inspiring, it is the definition of slavery.
@jonathan2847
@jonathan2847 Жыл бұрын
You talk about a diaspora tax as if it isnt the government turning their citizens into slaves by extorting them by threatening their families while offering them nothing.
@baze703
@baze703 11 ай бұрын
He doesn’t want you to put together that allowing immigration hurts their country too
@debbyek5294
@debbyek5294 11 ай бұрын
families do not get threatened
@mattg5712
@mattg5712 9 ай бұрын
Are you talking about Tigray, Ethiopia?
@MahdereBereket
@MahdereBereket 4 ай бұрын
Why video and photo wrong
@FireeditsNow-jv8jf
@FireeditsNow-jv8jf 11 ай бұрын
I'm going to make a video on poverty in Washington DC and only use footage from Baltimore.
@ric-st.clairclarke6110
@ric-st.clairclarke6110 11 ай бұрын
Do Jamaica next. Jamaica is known, depending on who you ask, for reggae music, food, its culture, Rastafarian movement, crime, Marcus Garvey, Port Royal, Ganja, etc. I would like to know it through the lense of economics explained (world and region). Your excellent analysis, witty humor, and ease of delivery would be appreciated even more, with a feature of Jamaica on economics explained. I think it would be useful to understanding the 'developing countries' in their attempt to move their countries forward. Anyway, Jamaica is undertaking a census currently, after which, useful data will be accessible. We have been aided by IMF in recent decades. I believe an analysis of JA when examined through the following would be interesting (regionally): Washington Consensus Leader board Gini Coefficient Leader board (Caribbean) Diaspora Thank you for your time and consideration.
@soloyoni2000
@soloyoni2000 Жыл бұрын
You talking about Eritrea but you showing other countries footage 🤦🏽‍♂️
@biniambereket4025
@biniambereket4025 10 ай бұрын
"I am curious about the potential biases in your explanations. While you address the negative aspects of a country, you often omit discussing the challenges faced by its government and people, such as sanctions and wartime conditions. Could you provide a more balanced perspective?"
@Delmaler1
@Delmaler1 Жыл бұрын
finally a video about a small country and not the 3rd video about the same country or fricking BRICS
@Sat20190
@Sat20190 5 ай бұрын
The imagery and video used is not Eritrea, what a sham of a presentation.
@JoTess
@JoTess Жыл бұрын
Many of the clips you’ve used aren’t even Eritrea
@issakyohannes6590
@issakyohannes6590 9 ай бұрын
The picture show not Eritrea I don't know wishes. Plant do live
@Craicfox161
@Craicfox161 11 ай бұрын
Ethiopia should annex it
@einhornwelt6571
@einhornwelt6571 9 ай бұрын
We are strong enough to defend our country 🇪🇷.
@samiarku1176
@samiarku1176 9 ай бұрын
Go head and try and you will see the consequences
@fraolgudeta2877
@fraolgudeta2877 9 ай бұрын
​@@samiarku1176😂😂😂i like how deluded eritreans are is there even a youth left to defend eritrea. 😂
@amdetsion3256
@amdetsion3256 8 ай бұрын
​@@samiarku1176😂😂😂 Ethiopia can but wants peace with their Eritrean brothers and sisters.
@keshi5541
@keshi5541 7 ай бұрын
Russia should annex Ukraine 🤡
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