Economics Explained by Economics Explained
Economics Explained
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With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals including Cobalt, which is an essential input to the production of lithium-ion batteries. The mineral resources are estimated to be worth $24 trillion. So why is the DRC so poor? Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous episodes
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222 - The World's Poorest Country is Sitting on $24 Trillion Sun, 05 May 2024
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221 - Why Canada Is Banning Foreigners From Buying Homes Wed, 01 May 2024
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220 - Why India Is Stuck Between Poverty and Superpower Mon, 29 Apr 2024
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219 - The Failing Economy of Pakistan Tue, 16 Apr 2024
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218 - Why Bangladesh Won't Be The Next China Mon, 08 Apr 2024
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217 - Do Bank Failures Always Cause Recessions? (SVB) Fri, 05 Apr 2024
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216 - Has The EU Actually Been Good For Europe? Wed, 03 Apr 2024
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215 - How Zimbabwe's Lithium Export Ban Could Transform it into Africa's Next Superpower Sat, 30 Mar 2024
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214 - Why We Can’t Just Stop Oil Mon, 25 Mar 2024
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213 - Somalia is a Surprisingly Functional Anarchy Thu, 21 Mar 2024
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212 - Why Greece Is Suddenly Doing Really Well Mon, 18 Mar 2024
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211 - USA Outgrows China… Because of Florida? Fri, 15 Mar 2024
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210 - The City That Built America Mon, 11 Mar 2024
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209 - Will All Cities End Up Like Detroit? Fri, 08 Mar 2024
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208 - Germany's Unexpected Economic Crisis Mon, 04 Mar 2024
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207 - MIT Study Reveals Why Africa Is Still Poor Sat, 02 Mar 2024
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206 - Why Africa Is Still Poor - Exclusive Interview with Daron Acemoglu Tue, 27 Feb 2024
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205 - Why Canada Can't Solve It's Population Problem with Immigration Mon, 26 Feb 2024
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204 - Lebanon Lost Half Its Economy In 2 Years Fri, 23 Feb 2024
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203 - Eritrea Is the Worst Economy on Earth Thu, 15 Feb 2024
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202 - Is Capitalism Inevitable? Sat, 10 Feb 2024
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201 - What Does the World Economic Forum Really Do? Wed, 07 Feb 2024
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200 - The Rather Pathetic Economy of the Roman Empire Sat, 03 Feb 2024
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198 - France Could Be Heading for Economic Collapse Mon, 29 Jan 2024
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197 - What Would Happen if North and South Korea Reunite Fri, 26 Jan 2024
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196 - Was Dropping The Gold Standard A Mistake? Thu, 16 Jun 2022
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195 - Can Texas Escape Oil Dependance? Thu, 19 Nov 2020
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194 - Japan's Rise and Fall... And Rise Again? Fri, 12 Jan 2024
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193 - Australia Should Be Poor. Why Isn’t It? Tue, 09 Jan 2024
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192 - Texas Will Not Be the Next California Sat, 30 Dec 2023
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191 - Will The EU Fail? Thu, 28 Dec 2023
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190 - The Economy of the UK Is in Serious Trouble Tue, 26 Dec 2023
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189 - Did the “Perfect Economy” Just Get Better? Sat, 23 Dec 2023
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188 - Why Economists Should Avoid Politics Wed, 20 Dec 2023
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187 - Something Terrible Is Happening in Italy Mon, 18 Dec 2023
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186 - Can Corruption Be Good for the Economy? Fri, 08 Dec 2023
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185 - Bhutan: The Country That Doesn’t Want to Be Rich Tue, 05 Dec 2023
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184 - Economics Is the Deadliest Science Mon, 04 Dec 2023
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183 - Is South Korea’s Economic Bubble About to Burst? Thu, 30 Nov 2023
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182 - The Controversial 2023 Nobel Prize Explained (Gender Pay Gap) Mon, 27 Nov 2023
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181 - Why Argentina Is Doomed to Fail Over and Over Again Thu, 23 Nov 2023
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180 - China’s Crumbling Economic Story Mon, 20 Nov 2023
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178 - Is Poland the New Economic Powerhouse of Europe? Wed, 08 Nov 2023
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177 - The $6.5 Trillion Dollar Problem Nobody Notices Wed, 01 Nov 2023
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176 - Why Saudi Arabia Pours Billions Into Sports (And It Makes Sense) Wed, 25 Oct 2023
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175 - The Failing Economy of Niger Wed, 18 Oct 2023
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174 - Skills Wars Are the New Trade Wars Thu, 12 Oct 2023
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173 - How Brunei Built the Laziest Economy in the World Wed, 11 Oct 2023
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172 - Why Nations Fail Fri, 06 Oct 2023
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171 - Do We Need More Children, or Fewer Children? Wed, 04 Oct 2023
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