One of These Islands Found Oil, The Other Got Rich

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How Sao Tome (thought) it found a mineral jackpot, it ended up hurting the country. Cabo Verde proves that point.
Sources: pastebin.com/pTqcZcaQ
Read the paper here: pedrovicente.org/wp-content/u...
Twitter: / h0serr
Business Email: h0sermailYT@gmail.com

Пікірлер: 787

  • @h0ser
    @h0serАй бұрын

    To try everything Brilliant has to offer for free for a full 30 days, visit brilliant.org/hoser. You’ll also get 20% off an annual premium subscription.

  • @djw7141

    @djw7141

    Ай бұрын

    nice vid

  • @nearlyforgot122

    @nearlyforgot122

    Ай бұрын

    hi

  • @pyeitme508

    @pyeitme508

    Ай бұрын

    RAD!

  • @laptv2144

    @laptv2144

    Ай бұрын

    You really went all out with the editing having Baianá playing softly in the background. I love that song

  • @johnmichael734

    @johnmichael734

    Ай бұрын

    Why nightcrawler instrumental?

  • @asdaneedsfunds
    @asdaneedsfundsАй бұрын

    I've been to Cape Verde. It has one thing going for it that Sao Tome can never have - short haul tourism flights from wealthy European countries.

  • @mnm5165

    @mnm5165

    Ай бұрын

    It’s geographical proximity to Europe and North Africa definitely gives it the edge over Sao Tome. The only major economy close to Sao Tome is Nigeria, and I’m sure most Nigerians probably don’t even know they exist 💀

  • @puraLusa

    @puraLusa

    Ай бұрын

    ​@@vardekpetrovic9716one thing missing in ur coment: do sao tomens want such plan?

  • @kaidanalenko5222

    @kaidanalenko5222

    Ай бұрын

    Europe are richer, more stable and have more attractive looking pppl meanwhile iafrica is completely opposite, unfair

  • @puraLusa

    @puraLusa

    Ай бұрын

    @@vardekpetrovic9716 220 000 in the 2023 estimate from wiki. I've been to sao tome, wonderful people. The island is offers plenty of food as is. So, they are poor but don't lack food and shelter. They also need to decide from the various models available which suits best for their aspirations. Sometimes people prefer to not get rich and keep the paradise (the island is a paradise of natural beauty) for themselves. Foreigner might come as rude to them (they have a very polite and proper way culturally). So, I don't know, I just know is fully up to them, thru their democratic institutions to decide.

  • @puraLusa

    @puraLusa

    Ай бұрын

    @@vardekpetrovic9716 still their problem. It's a small group of people, they mostly know each other as if aquaintance, like a small city. If there is corruption is because they allow it. When there was an atempted coup (aux par with the ones felt in other parts of africa recently), the citizens took to the streets and blocked the coup guys from usurping the elected power seats. The only thing I can add that isn't in their hands is portugal, angola and brazil medeling, mostly portugal (also with their own respective corruption). It's a situation like iceland, so few people that it's almost possible to contact politicians via simple phone call.

  • @pollochef5225
    @pollochef5225Ай бұрын

    "If you find oil in your yard, don't even let your wife know about it" -someone smart probably

  • @bababababababa6124

    @bababababababa6124

    Ай бұрын

    Someone should have told Guyana this…

  • @mnm5165

    @mnm5165

    Ай бұрын

    @@bababababababa6124and Venezuela, Angola, East Timor, I could go on

  • @catdogmousecheese

    @catdogmousecheese

    Ай бұрын

    So you're saying The Beverly Hillbillies lied to us?!

  • @hamzamahmood9565

    @hamzamahmood9565

    Ай бұрын

    Freedom gang will find out before your wife

  • @lebollsong

    @lebollsong

    Ай бұрын

    Don't let any "eagle" fly past that either, 🦅🇺🇸🇺🇸🇺🇸

  • @mikhailpoplavskiy311
    @mikhailpoplavskiy311Ай бұрын

    Portraying Mexico as an axolotl is a stroke of genius

  • @will.g9277

    @will.g9277

    Ай бұрын

    Why

  • @Thegoldenaerobar2

    @Thegoldenaerobar2

    Ай бұрын

    Isn't it the national animal

  • @will.g9277

    @will.g9277

    Ай бұрын

    @@Thegoldenaerobar2 ni

  • @garedmorort

    @garedmorort

    Ай бұрын

    @@Thegoldenaerobar2No that’s the Golden Eagle, is right in the middle of our flag

  • @evildead5077

    @evildead5077

    Ай бұрын

    @@Thegoldenaerobar2not but it’s native to only Mexico

  • @Ingcivilcarlos
    @IngcivilcarlosАй бұрын

    Venezuelan here, can't believe how similar the playbook played to our country lol except they didnt even find the oil, insane

  • @niyanlan8928

    @niyanlan8928

    Ай бұрын

    Genuine question here my friend, as Venezuelan, what does the average Venezuelan genuinely think about taking over Guayana? I don’t mean any disrespect or anything like that, just genuinely interested. Peace be with you.

  • @Ingcivilcarlos

    @Ingcivilcarlos

    Ай бұрын

    @niyanlan8928 short version is that we believe the terrotory is venezuela's to claim. Long version is that Venezuelans have been told growing up the territory of Guyana esequiba belongs to Venezuela, It's in every history textbook as a zone in reclamation. The history of that claim goes back centuries, the lines were drawn pretty arbitrarily by the British right over existing venezuelan territorial claims, and in further litigations we ended up being cheated out of that land in the early 1900s. My understanding is we had agreements with Guyana not to exploit the resources of the zone until the claims were resolved but the Guayanese government. Breached those agreements. That's why Venezuela is so pissy about it and could potentially go to war for it. Venezuelans don't know war and are right now in a horrible position so I doubt that would happen and we would just have to resign to the claim.

  • @niyanlan8928

    @niyanlan8928

    Ай бұрын

    @@Ingcivilcarlos that’s really interesting to hear. I suspect such things don’t get reported fairly outside South America and it’s really good to hear what people actually believe. Stay safe and take care.

  • @alex_zetsu

    @alex_zetsu

    Ай бұрын

    A lot of petrostates go through something like what your country did (only they tend to have their worst inflationary periods have averages of 30% most of the time, sometimes reaching 1000% for the less competent states, but nothing like the Bolivar's drop in value) but usually they need to find the oil to start the same playbook.

  • @eVill420

    @eVill420

    29 күн бұрын

    @@niyanlan8928 well maybe they aren't listened to because the people of Guyana Essequibo are the ones who should be asked, considering, you know, they live there. Not to mention, Venezuela used to accept Guyana's independence in the past. they just changed it and rewrote the history books

  • @bruhmoment2979
    @bruhmoment2979Ай бұрын

    This is probably the most attention my country will ever get from the Internet. Thanks hoser!

  • @vneezy

    @vneezy

    Ай бұрын

    Viva São Tomé e Príncipe!

  • @blackcoraltv6787

    @blackcoraltv6787

    Ай бұрын

    You guys are lucky. My country is on the Internet 24/7, too much attention. Sick of it

  • @leadmaxwellarco2574

    @leadmaxwellarco2574

    Ай бұрын

    prob the USA​@@blackcoraltv6787

  • @professionallyboring745

    @professionallyboring745

    Ай бұрын

    @@blackcoraltv6787 let me guess, japan

  • @Cardstock1321

    @Cardstock1321

    24 күн бұрын

    Cabo verde is almost always ignored...

  • @Thegoldenaerobar2
    @Thegoldenaerobar2Ай бұрын

    I like how a lot of countries are portrayed as their national animals, its silly and better then countryball images

  • @59wulf
    @59wulfАй бұрын

    oh yeah time to watch this while in the restroom

  • @whatsup7033

    @whatsup7033

    Ай бұрын

    Pooping on company time my brother

  • @59wulf

    @59wulf

    Ай бұрын

    @@whatsup7033 that's exactly how it's done 🤙

  • @perceivedvelocity9914

    @perceivedvelocity9914

    Ай бұрын

    Yup, I can relate.

  • @Summrise

    @Summrise

    Ай бұрын

    Boss gets a dollar, i get a dime, thats why i poop and watch h0ser on company time

  • @urbanoteal6334

    @urbanoteal6334

    Ай бұрын

    Same here chief

  • @blankblank1949
    @blankblank1949Ай бұрын

    >Without stifling innovation >Show australia

  • @tomlxyz

    @tomlxyz

    Ай бұрын

    What about them?

  • @harrygroundwater2590

    @harrygroundwater2590

    Ай бұрын

    @@tomlxyzno innovation

  • @darkbrightnorth

    @darkbrightnorth

    Ай бұрын

    @@harrygroundwater2590Australia has some of the best innovation in the world. And a strong economy. Maybe the US or Canada would be better to show but still Australia isn’t bad.

  • @me0101001000

    @me0101001000

    Ай бұрын

    @@harrygroundwater2590 in my industry (energy conversion and storage), Australia is doing just fine when it comes to innovation.

  • @satyasankalpapanigrahi9416

    @satyasankalpapanigrahi9416

    Ай бұрын

    @@darkbrightnorth what innovation Australia did...!! Name some of them

  • @sdk2571
    @sdk2571Ай бұрын

    Babe, wake up, Hoser uploaded. It's time to learn about the crippled state of world geopolictics and geoeconomics.

  • @pepito_white

    @pepito_white

    12 күн бұрын

    thanks babe, I cannot be more wake upped that Im NOW. :)

  • @alexanderveritas
    @alexanderveritasАй бұрын

    As far as we know, *Norway* is the only country that managed to thrive thanks to _petroleum_ instead of ending in corruption like the rest of the world.

  • @nonbshd

    @nonbshd

    29 күн бұрын

    fr😊

  • @Wfalen

    @Wfalen

    29 күн бұрын

    Guyana is actually growing a lot in a positive way after they found oil, knowing now exactly what the others did wrong. And now Venezuela wants to gobble them up for that.

  • @martinmendl1399

    @martinmendl1399

    25 күн бұрын

    Malaysia

  • @samuela-aegisdottir

    @samuela-aegisdottir

    24 күн бұрын

    And that is only because of Scandinavia being basically a utopia. Nothing achievable for us mere mortals.

  • @JoeRogansForehead

    @JoeRogansForehead

    23 күн бұрын

    USA

  • @riyanyazid2991
    @riyanyazid2991Ай бұрын

    Another example tiny ‘island’ petro state would be Brunei. Oil had been discovered and developed since early 20th century yet national progress had been so so slow.

  • @JoeRogansForehead

    @JoeRogansForehead

    23 күн бұрын

    Cause the sultan needs his 150th Ferrari and 1 millionth instagram thot

  • @Croz89

    @Croz89

    10 күн бұрын

    Especially compared to Malaysia, who has raced up to the top of middle income countries and is pretty much considered on the verge of being "developed".

  • @cloroxbleach9222

    @cloroxbleach9222

    Күн бұрын

    I'd argue once the oil runs out Brunei would be in a better place than the typical petrostates. Brunei doesn't overspend on high-maintenance infrastructure that NEEDS oil money to keep up (Dubai). Right now from all the Bruneians I know it's just a comfortable place to live but not really to find growth

  • @B_Van_Glorious
    @B_Van_GloriousАй бұрын

    Idk if everyone realizes just now energy dense a barrel of oil is, translated into calories it's 25months of working every single day, no days off distilled down into a black sludge. I can see why wars are fought over this, if one of those releaves me two years of labor I'd do a whole lot for it too.

  • @abdia-lb2yx

    @abdia-lb2yx

    Ай бұрын

    thats an interesting outlook

  • @the_ratmeister
    @the_ratmeisterАй бұрын

    Calling the Netherlands a 'resource poor nation' is just not correct. The Groningen Gas Field is the largest in Europe and was a huge part of Dutch economic growth throughout the 60s and 70s. You also mention Dutch disease about 3 minutes later...

  • @nathanbullaft3445

    @nathanbullaft3445

    Ай бұрын

    Facts

  • @ayyygfym8245

    @ayyygfym8245

    Ай бұрын

    he also forgot about the dutch mental thorny tree branch stuck in the asshole

  • @SweatyTumor

    @SweatyTumor

    Ай бұрын

    Which caused the Dutch disease mentioned in the video. But tbh other than gas, clay and fertile soil we as a river delta in north-western Europe aren't the richest in natural resources.

  • @theotherohlourdespadua1131

    @theotherohlourdespadua1131

    Ай бұрын

    It IS resource poor. Aside from Gas, what other resources does the Netherlands have that is valuable to the world economy?

  • @GrandTerr

    @GrandTerr

    Ай бұрын

    Seriously? You have a gas field and that makes you resource rich? Hell nah.

  • @sowth1967
    @sowth1967Ай бұрын

    “Wait… it’s all geography” Hoser: *Always has been*

  • @gonkal0
    @gonkal0Ай бұрын

    12:47 I'm Portuguese and bro literally posted this video on the 50 years celebration of the 25 de Abril or Carnation Revolution

  • @pedroganempire

    @pedroganempire

    Ай бұрын

    me too brudda

  • @thailux6494

    @thailux6494

    Ай бұрын

    It's most likely not a stroke of luck. He knew what he was doing.

  • @DOOM-2027

    @DOOM-2027

    Ай бұрын

    Alot of people in the comment section have mentioned that. After i finish watching this i'll get informed about the Portuguese Revolution 5o year celebration.

  • @WhatIsSanity

    @WhatIsSanity

    Ай бұрын

    haha that's so cheeky and I love it!

  • @xenotiic8356

    @xenotiic8356

    Ай бұрын

    My birthday is on such a cool anniversary? Awesome!

  • @mjr_schneider
    @mjr_schneiderАй бұрын

    That has to be the biggest plot twist of any Hoser video. I saw that coming about as much as all those oil companies did.

  • @bababababababa6124
    @bababababababa6124Ай бұрын

    As a Nigerian I’m happy our close neighbours Sao Tome is getting attention, nobody ever talks about them

  • @satyasankalpapanigrahi9416

    @satyasankalpapanigrahi9416

    Ай бұрын

    Saotome is so small. Why Nigeria isn't helping them...

  • @bababababababa6124

    @bababababababa6124

    Ай бұрын

    @@satyasankalpapanigrahi9416Nigeria has our own problems, we need to help ourselves before we can help others. I hope one day we’ll be wealthy enough to help elevate our poorer neighbours

  • @zenxel

    @zenxel

    Ай бұрын

    ​@@satyasankalpapanigrahi9416 Our government doesn't even care about its citizens. The Northern half of our country is still overrun by terrorists despite how much aid the US has sent to us.

  • @nuzayerov

    @nuzayerov

    Ай бұрын

    @@satyasankalpapanigrahi9416 , Nigeria has its own issues to deal with. Nigeria is huge and it has to take care of all its areas.

  • @mark_IV.

    @mark_IV.

    Ай бұрын

    (just like half of the world)

  • @davidn4672
    @davidn4672Ай бұрын

    🇨🇻CV mentioned 🎉

  • @elmoudir1189
    @elmoudir1189Ай бұрын

    lol I love how everyone is complaining that it took you so long to upload while my ass is sitting here with no complain cuz i just discovered your channel yesterday, I think I shouldn't get used to it then 😢

  • @JmKrokY

    @JmKrokY

    Ай бұрын

    Nice

  • @JmKrokY

    @JmKrokY

    Ай бұрын

    Ngl it's not even a long time, it usually takes him about 2-3 weeks to upload a video

  • @Looksemberg

    @Looksemberg

    Ай бұрын

    I found him 6h after the Maldives video

  • @Daulomani1

    @Daulomani1

    Ай бұрын

    He has been babe for a bit now for me. Always look forward to his videos as I listen to them as I work

  • @pacomatic9833

    @pacomatic9833

    Ай бұрын

    Channels that take the longest are often the best ones. My suggestion: Subscribe to tons of channels that make good stuff, some taking ages, others going often. That way there's rarely a shortage!

  • @SandjyLima
    @SandjyLimaАй бұрын

    I wasn't expecting you to talk and even going in-depth about my homeland, Cabo Verde. We still have a lot to grow, but this video was a good representation of our country's situation ❤

  • @user-gw4oz1rk3i
    @user-gw4oz1rk3iАй бұрын

    There are 2 lesson here. Number 1: dont put all of YOUR eggˋs in 1 basket! Number 2: dont count YOUR chickens til the eggˋs are hatched!

  • @prplt

    @prplt

    11 күн бұрын

    eggs not egg`s 😂

  • @TaLeng2023

    @TaLeng2023

    5 күн бұрын

    Ancient forgotten knowledge

  • @giselasilva5415
    @giselasilva5415Ай бұрын

    I'm here in Portugal wishing all the best to my brothers ans sisters from Cabo Verde and São Tomé e Príncipe, I want to visit both places sooo much!!

  • @2MeterLP
    @2MeterLPАй бұрын

    Norway is a good example of how to do oil right. Norway's GDP is 10-35% oil money, yet they are one of the happiest and wealthiest nations in the world. Though they had the advantage of being a stable, reasonably wealthy nation even before they started pumping.

  • @samuela-aegisdottir

    @samuela-aegisdottir

    24 күн бұрын

    But that is only posiible because of Scandinavia being basically a utopia. Nothing achievable for us mere mortals.

  • @jonathanbowers8964

    @jonathanbowers8964

    23 күн бұрын

    Indeed, finding resources after you already have stable institutions and a halfway decent economy is usually a good thing because new wealth can be reinvested into existing industries. While rich countries can occasionally get Dutch disease, this usually isn't as severe as it is in developing nations. A good example of how resource wealth works in rich nations would be Australia, which uses its resource wealth to find other parts of its economic engine.

  • @mathieujanssen489

    @mathieujanssen489

    Күн бұрын

    ​@@jonathanbowers8964True. I mean Dutch disease didn't even ruin the Netherlands, because they already had a stable constitutional government for over a 100 years (if you ignore WW2). The gas money was spent too quickly, but the government remained incredibly stable.

  • @EuGeez
    @EuGeezАй бұрын

    Here before the thumbnail changes 9826 times

  • @phann860
    @phann860Ай бұрын

    Nauru is a case in point, though the resource is guano and that appears to have suffered badly through corruption and thievery.

  • @falconsimon7726
    @falconsimon7726Ай бұрын

    Video 1: Can you make a video about tragic economic history of Czechia and Slovakia and the second rise of Czechia in early 2000s? Anyway great video once again.

  • @lontongstroong

    @lontongstroong

    Ай бұрын

    Not Slovenia Land!!! 😆 TBH recently I found out Not Slovenia Land, despite its comparatively low development base (to others in Central Europe), has been doing even better than Poland, which is often cited as post-Soviet success story. It’s been a sleeper success really.

  • @samuela-aegisdottir

    @samuela-aegisdottir

    24 күн бұрын

    Me: wathing interesting video about economics and its political, societal and geographical context. My brain the whole time: What animal would hoser choose to represent Czechia?

  • @lordyhgm9266

    @lordyhgm9266

    6 күн бұрын

    I’ve wondered before whether that would be the reason for very high meth usage on Czechia versus the rest of the EU

  • @BossfarisSPv
    @BossfarisSPv12 күн бұрын

    Did i hear someone say oil? 🇺🇸🇺🇸🇺🇸🇺🇸🦅🦅🦅🦅🦅

  • @yux.tn.3641
    @yux.tn.3641Ай бұрын

    Cape Verde could consider developing its tourism industry and be like Canary Islands imo its not poor by African standards

  • @nuzayerov

    @nuzayerov

    Ай бұрын

    Canary Islands have that sweet free Spanish money, which Cape Verde doesn't.

  • @conserva-chan2735

    @conserva-chan2735

    Ай бұрын

    Both Cabo Verde and Sao Tome should've remained Portuguese. They would've become the Canaries and Reunion of Portugal respectively.

  • @matiasguardaredes

    @matiasguardaredes

    Ай бұрын

    They do invest in tourism. Sal island is pretty much all resorts and hotels

  • @Holttem

    @Holttem

    Ай бұрын

    @@matiasguardaredes Yea capo verde is a really beatiful place.

  • @Game_Hero

    @Game_Hero

    Ай бұрын

    @@conserva-chan2735 Cabo Verde did just fine by itself.

  • @swisscheese3405
    @swisscheese3405Ай бұрын

    Been following this channel for a while now and I'd say that that's your best video yet! 👍

  • @KennytheHedgehog619
    @KennytheHedgehog619Ай бұрын

    I have been checking the channel daily in hopes that there was an upload I missed, always love a new h0ser video!!

  • @mite_14
    @mite_14Ай бұрын

    The fact this video was posted in April 25th 🌹🇵🇹🇨🇻🇸🇹

  • @Impasta_Tronic78
    @Impasta_Tronic78Ай бұрын

    First time São Tome is relevant in any degree

  • @darkbrightnorth
    @darkbrightnorthАй бұрын

    Note for the last corruption stat, corruption perception is based on opinion and democracies tend to be lower despite having less absolute corruptions.

  • @lukejohnston4666

    @lukejohnston4666

    Ай бұрын

    Yes - autocracies have higher risk (to simply investigate)

  • @CapnToad
    @CapnToadАй бұрын

    The best channel to learn about things😊

  • @_Sonata1
    @_Sonata1Ай бұрын

    I was so happy to see hoser uploaded

  • @skylineXpert
    @skylineXpert10 күн бұрын

    Been to sal in 2021. They just finished new paving on the main street. But i must say: If they can get rid of the agressive souvenir salesmen then... the salt spa & the fusion kitchen was impressive. But my 3 cell plan doesnt cover cabo verde.

  • @AironSmieciowy-di3qy
    @AironSmieciowy-di3qy6 күн бұрын

    Great video!

  • @ariii3625
    @ariii362529 күн бұрын

    The first glimpe of this video i had was during my rrobotics class. We were watching videos with VR goggles when i took the phone out of the goggle, searched your channel and this video appared. Also, Cabo Verde and São Tomé and Príncipe are my favorite countries, which made this even better.

  • @MrKarakiris
    @MrKarakirisАй бұрын

    Capeverdean here, I couldn't identify which animal Hoser was using to represent Cape Verde.

  • @SandjyLima

    @SandjyLima

    Ай бұрын

    A dolphin or a manatee ?🤔 But we don't have manatees there

  • @mikashidevil2884
    @mikashidevil288410 күн бұрын

    I’m from Cape Verde and I really agree. But, in my view, since the end COVID-19 period, the country is discretely facing many problems and the newest generation a anything but promising and pathetic.

  • @fredericksimbol2645
    @fredericksimbol2645Ай бұрын

    Finally i've been waiting for this

  • @asaumier
    @asaumierАй бұрын

    Always cool to hear about Cabo Verde, thxs

  • @Croz89
    @Croz8910 күн бұрын

    I think there's one country in Africa which did manage to resist the resource curse to some extent, and that's Botswana. I think that was primarily because said resources (mainly high quality diamonds) were discovered when Botswana already had a stable government, just after independence.

  • @gumarks_
    @gumarks_Ай бұрын

    10:30 that was a plot twist I definitely did NOT expect.

  • @parz3356
    @parz3356Ай бұрын

    🇨🇻 It's always a joy to see small countries like mine being recognized 🇨🇻

  • @kinman3051
    @kinman305123 күн бұрын

    My eyes literally widened a little when I got to the part where he says the island doesn't actually have oil

  • @blahbleh5671
    @blahbleh5671Ай бұрын

    Great explanation of Dutch disease. I've always struggled to out it together

  • @Lobotomistmankyeh
    @LobotomistmankyehАй бұрын

    this channel deserves more subs. you have a really solid understanding of geopolitics and the ability to explain them. great editing too.

  • @wnathanielw

    @wnathanielw

    Ай бұрын

    I like his channel too, but he never delves into the idea that some of these countries have a lack of skilled labor due to having such a low IQ on average within their population. He leaves a lot of "risky" theories out. I mean if the average IQ is in the 70s, of course they won't have a space program any time soon lol.

  • @papi3346
    @papi334623 күн бұрын

    Always a good day when hoser provides

  • @jabrowski_
    @jabrowski_28 күн бұрын

    Very intuitive take good sir

  • @Etraudmf
    @EtraudmfАй бұрын

    7:40 fun fact: Sonangol, the angolan company, usually just rents their allocations to other countries. They don't have the means to extract oil by themselves.

  • @dateymintah9585

    @dateymintah9585

    Ай бұрын

    So Africa what really is our problem. Speaking as a Ghanaian. I was optimistic when I saw the Sonangol bit but now you’ve ruined it. Can we be fixed at all?

  • @brauliowagner4607

    @brauliowagner4607

    25 күн бұрын

    That’s true I’m angolan

  • @JoeRogansForehead

    @JoeRogansForehead

    23 күн бұрын

    @@dateymintah9585nope

  • @AlexTheEggRat
    @AlexTheEggRatАй бұрын

    imagine if they were right next to eachother that would be crazy

  • @A79431

    @A79431

    Ай бұрын

    what would be crazy about it?

  • @hello-friend990

    @hello-friend990

    16 күн бұрын

    Like Haiti and Dominican Republic

  • @skampisti3701
    @skampisti3701Ай бұрын

    You do explain raw material influences on countries very well!! I would love to get your opinion on the situation in some countries in Easter Europe like Poland or Albania(i heard it has some huge oil fields and big chrome mines) thanks!

  • @connorferguson2269
    @connorferguson2269Ай бұрын

    This i a great vid hoser, vary good shoecase of the pitfalls of fortune and greed

  • @andrefrazao5281
    @andrefrazao5281Ай бұрын

    Idk if this was actually planned, but today is Portugal's Carnation Revolution Day which lead to the independence of both of these countries ✊

  • @ilaibengal6920
    @ilaibengal6920Ай бұрын

    One of your best videos In my opinion. You are a king of explaining complex ideas of economics using simple words. Thanks for the knowledge man❤

  • @fjooyou
    @fjooyouАй бұрын

    Like a party going through a dungeon and backstabbing each other for an empty chest

  • @phacimo2781
    @phacimo278128 күн бұрын

    I thought I was tripping the fuck out hearing that baiana song in the backround from 11:29 to 13:26, I never noticed you put super quiet music for whole videos before its a nice pleasing touch

  • @VicbeanBricks2.0
    @VicbeanBricks2.0Ай бұрын

    Love these vids! Keep it up

  • @acatreassuresyouthateveryt7842
    @acatreassuresyouthateveryt7842Ай бұрын

    I understand if petrostate can't easily pivot to manufacturing. But the thing is petrostate should easily pivot to either tourism industry and financial industry. The first require stupid amount of capital (which they have because of oil) and the latter require tax lenient society (which they can because of oil). The problem is both require stable and corrupt free society.

  • @rabbitwars001

    @rabbitwars001

    Ай бұрын

    KZread wanted me to rate your comment. I gave it a 10/10 and I also agree

  • @camilohiche4475
    @camilohiche4475Ай бұрын

    I love How Chile Is represented by a vizcacha

  • @drainganggggbc2621

    @drainganggggbc2621

    Ай бұрын

    verdad, no me había dado cuenta de eso jajsjajsj

  • @CarlosEspadinha
    @CarlosEspadinhaАй бұрын

    the coup in Portugal happened in 25 april, today : )

  • @laptv2144
    @laptv2144Ай бұрын

    You really went all out with the editing having Baianá playing softly in the background

  • @kashchaturvedula9890

    @kashchaturvedula9890

    2 күн бұрын

    I thought I was going crazy hearing it lol

  • @KFordmusic
    @KFordmusicАй бұрын

    16:10 “they should put a couple more mirrors in here so I can stare at myself” beat brings back memories

  • @Nohandleentered
    @NohandleenteredАй бұрын

    That was a wild twist!

  • @CreateTeen
    @CreateTeenАй бұрын

    Oml I didn't even realize this was a new video. Banger as always

  • @kailee2166
    @kailee2166Ай бұрын

    This video just goes to show that a country only thinking about natural resources will have a hard time in the long run compared to a country without natural resources that has political stability, property rights, and a good education system, all of which are not physical things.

  • @JmKrokY

    @JmKrokY

    Ай бұрын

    Well, yeah

  • @Geckota7

    @Geckota7

    Ай бұрын

    shocking

  • @Kyller3030
    @Kyller3030Ай бұрын

    The fact that Romania scored the same as Sao Tome and Principe in the corruption index...

  • @dannthegentleman4261
    @dannthegentleman4261Ай бұрын

    The selection of music in this video is a beautiful thing! Boa noite povo que eu cheguei!

  • @noahmcd3134
    @noahmcd3134Ай бұрын

    Holy shit what did we do to deserve a 20 minute hoser video? Give a like ppl were blessed

  • @TheCriminalViolin
    @TheCriminalViolinАй бұрын

    Is that a Elephant Shrew you made Sao Tome into? Whatever it is, it's so freaking cute!

  • @NoWoke2099
    @NoWoke2099Ай бұрын

    Thanks!

  • @israeldevries
    @israeldevriesАй бұрын

    i forgot these places existed

  • @AyeCharley
    @AyeCharleyАй бұрын

    9:56 Guyana reference 🇬🇾🇬🇾

  • @aynrandfan7454
    @aynrandfan7454Ай бұрын

    I went to both São Tomé and Cabo verde and São Tomé was quite poor in comparison but both had great beaches

  • @Dictionary_Remix
    @Dictionary_RemixАй бұрын

    13:54 Hello to you too, Santomese Armadillo (?)! (My name is João😂)

  • @cooperation3215
    @cooperation3215Ай бұрын

    In 10 years Cabe verde will be the most developed country in Africa

  • @hello-friend990

    @hello-friend990

    16 күн бұрын

    No ways have you seen how millions of people live in South Africa? Half the people there have a quality of life comparable to the richest countries in the world (although the other half are poor or working class)

  • @cooperation3215

    @cooperation3215

    13 күн бұрын

    @@hello-friend990 South Africa is full of corruption and it's a quarter of the country that has great living quality The rest all live in slumps or even worse

  • @shastealyomeal

    @shastealyomeal

    9 күн бұрын

    It's Mauritius and Botswana

  • @GeckoOverlord
    @GeckoOverlordАй бұрын

    My favorite youtuber to listen to while playing EU4

  • @kjyost
    @kjyost7 күн бұрын

    1:31 😂. Never quite thought of a wave pool in icy Canada as. Being the same as the Burj Khalifa, but here we are…. Edmonton is not the Taiga though, not even close.

  • @milestailprower
    @milestailprowerАй бұрын

    "[Cabo Verde] ranks as the African country with the lowest corruption" -Seychelles would like to have a word here

  • @PopeAbibe
    @PopeAbibeАй бұрын

    Babe, new hoser lore jsut dropped

  • @nhjhbmkuy7173
    @nhjhbmkuy7173Ай бұрын

    Upload hell yeah

  • @finns99
    @finns99Ай бұрын

    Netherlands resource poor? Brother I live a few dozen kilometres away from the largest gas field on earth. Or at least it used to be.

  • @heldercaze6333

    @heldercaze6333

    Ай бұрын

    11th biggest gas Field 🤓

  • @Foodcritic8
    @Foodcritic823 күн бұрын

    Whoa whoa you ain’t slick I saw that picture change.

  • @conserva-chan2735
    @conserva-chan2735Ай бұрын

    Frankly, Portugal just should've kept them both

  • @IAmWarden.

    @IAmWarden.

    Ай бұрын

    They couldn’t have done this politically at the time. Portugal had just had the Carnation revolution which led to the end of the dictatorship and began transfer to a full democracy. It would have been incredibly unpopular to try and hold onto these islands that wanted the same thing as the people now in charge in Portugal, freedom and democracy. The dictatorship also ended because they wanted to hold on to Angola and Mozambique and were willing to do conscription to try and win these wars(that’s the whole reason the military revolted and started the Carnation revolution) I think they could have been better off within Portugal but it’s ultimately their choice to make.

  • @conserva-chan2735

    @conserva-chan2735

    Ай бұрын

    @IAmWarden. oh I understand why Portugal decolonized, I just think Sao Tome and CV easily could've become territories similar to French ones.

  • @StuffandThings_

    @StuffandThings_

    Ай бұрын

    @@conserva-chan2735 Yeaaah, but then you look at places like New Caledonia which is absolutely abused by the French and has a practically old school colonial vibe, and you can see how it can definitely not turn out quite so great. Now to be fair France has had some particularly bad bouts of colonialism but like, its definitely a gamble. Some former colonies that chose to stay were better off than their counterparts (like Mayotte), some were better off independent. I really don't know how Sao Tome would have turned out, though considering its relatively short history of habitation maaybe it would have turned out alright since there wasn't a pre age of discovery population with old traditions?

  • @conserva-chan2735

    @conserva-chan2735

    Ай бұрын

    @StuffandThings_ for Cabo Verde they'd likely just end up being like the Azores but a little bigger. They'd benefit from being in the Eurozone as well. They'd likely end up sharing the burden with the Canaries for being swarmed by British tourists. Sao Tome is more interesting though. I feel like the best parallel for them would be Reunion and Mauritius, which much like Sao Tome were uninhabited volcanic islands that became exhibit A plantation economies. Reunion to this day is still French, and benefitted immensely from the collapse of the French empire and became a major cultural center for Frenchmen leaving mainland Africa. I think it's the wealthiest French overseas area today, but don't quote me on that. Either way, I feel like the two Portuguese island colonies would've benefited far more from remaining Portuguese than becoming independent, given they didn't have any of the wars or instability related to their independence like Angola/Mozambique and unlike those two are far more culturally/ethnically Portuguese.

  • @ligondesenuts769

    @ligondesenuts769

    Ай бұрын

    Nah. Portuguese people are too racist for that

  • @jondurr
    @jondurrАй бұрын

    Reminds me of the Super Mayor of Dolton, IL

  • @bigyonyan
    @bigyonyanАй бұрын

    i think nauru island would also be a great video topic! good video non the less hoser one of the best youtubers in the platform

  • @rmmvw
    @rmmvwАй бұрын

    Another issue that most oil rich countries struggle with comes with value added to raw goods. Usually mineral deficient countries convert those goods into something more finished and eventually sell it back to the mineral rich countries, obviously putting them at a deficit. Oil should be used to fund education in which more research can be done with the resources that they have.

  • @basedfantastic4341
    @basedfantastic43417 күн бұрын

    I like the DuPont cameo

  • @totre-hv5jb
    @totre-hv5jb5 күн бұрын

    You don't understand the difference between currencies, the problem is not actually the level of spending or revenues, is the balance of payments. High dependant on commodities exportation countries tend to suffer periodic collapses of its BoP (meaning recession) because they rely heavy on imports and used to artificially maintain a low exchange rate which prompts purchasing power of the local currency and this disrupts the BoP even further

  • @michaelmatisse2808
    @michaelmatisse280822 күн бұрын

    Canary islands reached their saturation point for tourism with the 17 million tourists per year. I can imagine that they coordinate with cape verde to receive 5-7 milion of these tourists

  • @RayVon246
    @RayVon246Ай бұрын

    'im getting huge oil vibes here' is the wildest image ive ever seen, what a twist

  • @guillermodiego819
    @guillermodiego819Ай бұрын

    Plot twists were killer. Hope it all turns out well for them

  • @K_taku_
    @K_taku_Ай бұрын

    5:56 is that Mr. Du Pont?

  • @thomasanderson8586
    @thomasanderson8586Ай бұрын

    Hi hoser

  • @SebiSuper9mil
    @SebiSuper9milАй бұрын

    Yay more Hoser vids

  • @jamesbates5901
    @jamesbates5901Ай бұрын

    This video is so good

  • @cd1051
    @cd1051Ай бұрын

    What animal is the São Tomé drawing?

  • @legendbreaker2475
    @legendbreaker2475Ай бұрын

    bro is really researching Capo verde to tell us how to run a country, bro has more sense than politicians by studying countries that no one has ever heard