The Pyramid Scheme that Collapsed a Nation

Watching people get sucked into a pyramid scheme is one of the most frustrating parts of long-term friendships.
Today marks our final video about America, er, I mean Albania. Both, I suppose. New season starts next Saturday.
We intend to change things up a little bit. Experiment with the videos. Maybe you'll hate it. I have no idea.
Either way, next up: Home sweet home.
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This video was made possible thanks to our incredible Patreon subscribers Adam Theo, Alan Chaess, Alan Biedenharn, Alberto Daval Cordeiro Araujo, Alejandro ,Fuentes Salazar, Alessandro, Alex Van de Sande, Alex Ross, Alexis Michelle Smith, Amay Khara, Andres Rama, Andrew Larson, Anina Keller, Asher Lanzone, Audrey Brown, Austin Cousineau, Basil Hassoun, Benjamin Achrén, Blade Marcantel, Blue Penguin, Bradley Sparks, Bradley Brown, Brandon Autrey, Brendan Antosh , Brian ONeel, Bryden Kanngiesser, Carlos Henrique Brandt, Chris Ferguson, Chris Carrigan Brolly, Christ k, Christopher Castro, Cosmo, Dan Walker, Daniel Demsky, Daniel Lee, Daniel Tyler, David Rowe, David Badilotti, Denise Lipscombe, Djof, Douglas Danger Manley, Earnest N Strong, Edee Nackers, Edward Sykes, Einar Holmedal, Elmar Tirtarahardja, Eric Downes, Erik Ensing, f1r3w4rr10r, Fiona Cameron-Mackintosh, Fiona, Frode Thomassen, Gabe, Gavin Cross, Georgy Petukhov, Giffy, Gilberto Hart, Giulian Fava, Hedi Zisling, Heikki Tiainen, Henderson Moret, Henrik Due Rønning, Hollis Davis, J,Neko, Jacob Willemsma, Jacob Rebec, James Calfee, James Frink, James Reed, Jamie Cox, Jarod Hoffarth, Jean-luc Martel, Jerome, John Abel, John Cline, John Goff, Jon Niezgoda, Jon C Scott, Jonathan ,Lonowski, Jonathan Webb, Josh Hoppes, Joshua L Smith, Joshua Clarke, Julian Fiander, Julian Taylor, Justin Gregg, Kaitlin Wadley, Kameho, Kidd Mclayer, Krak, Leah Eisenhart, Leandro De Ste, Leo Höppner, Leszek Szczepański, Liam Oliver-Mallory, Lucas Geerdes, Lukas Jackowski, Luke Trust, Akasha Yi, M.,F., MacFoxington, Malte Ziem, Marc Dupont, Marc Chang, Marek Slabicki, Markus Sawinski, Martin Hölzel, Martin Faszinka, Marty Otzenberger, Marzo, Matt, Melanie Sumner, Merodac, Michael Cao, Michael Wladysiak, Michael Zare, Michael Teesdale, Michael Loken, Michael Leers, Mike Pearce, Mladen Piasetskyi, MrElk, Muncorn, Nathaneal Register, Nicholas J. Bottomley, Nick Achatz, Nicolas Alexander Schmitt, Nyan Saik Krat, Octavia Ward-Lasckey, Oliwia Bieniek, Oskar Paź, Ossian, Patrick Jason Wells, Paul Estella, Paulina Jonušaitė, Paweł Wojciechowski, Penny Brown, Peter Bjorvand, Peter Wood, Peter,Lonjers, Pippin, Remi Scarlet, Reuben Brown, Robert Velten, Ruddy Ezequiel Arroliga, Ryan Wilson, Sam,C., Sean Lavery, Sergey Choukanov, sharpie660, Shayne Stride, Shravan Bendapudi, Simen Thoresen, Simon Tobar, Stephen C Strausbaugh, Steve Martin De Souza, Steven Fontinelle, Sven Erik Jonsson, Jack Hallahan, Tad Moore, Taylor Fussner, theLovitas, This Has Not Gone Well, Thomas Edwards, Thomas Paris, Timur Dailidonis, Tino Dervisagic, Tommy Friedrichs, Travis Frazier, Tristan Lambdin, Twisol, Vicki Allardice, Walter Schneider, Wei Ern Tiong, Wes Mills, Zach Kuzmicz and Zachary Hall. We love you guys!

Пікірлер: 5 500

  • @RareEarthSeries
    @RareEarthSeries5 жыл бұрын

    We exist because of you: www.patreon.com/rareearth

  • @gabrielgrey2253

    @gabrielgrey2253

    5 жыл бұрын

    You made a video about how people being conned will often, to their own detriment, fight the idea that they're being conned because of how invested they are. Within minutes you've had a few people show up to argue that you're wrong or biased or whatever other reason they can contrive to dismiss you. Well played.

  • @michaelmclaughlin261

    @michaelmclaughlin261

    5 жыл бұрын

    ...maybe I'll get three people to send me some sponsorship money on your behalf. ;)

  • @eddenoy321

    @eddenoy321

    5 жыл бұрын

    Awesome delivery and presentation.

  • @brianl569

    @brianl569

    5 жыл бұрын

    orange man bad

  • @michaelmclaughlin261

    @michaelmclaughlin261

    5 жыл бұрын

    "It's not a Pyramid Scheme! It's an Inverted Productivity Funnel." ;)

  • @snakesocks
    @snakesocks5 жыл бұрын

    If you live on a ranch, and there are no animals on said ranch, then you are in a cult.

  • @SuperShiki666

    @SuperShiki666

    5 жыл бұрын

    Or you are the animal lol

  • @JoelReid

    @JoelReid

    5 жыл бұрын

    is there much difference between an animal farm and a cult farm? Orwell didn't think so.

  • @blizzyyt2281

    @blizzyyt2281

    5 жыл бұрын

    snakesocks but what if you live alone

  • @tonybutcher4762

    @tonybutcher4762

    5 жыл бұрын

    Leader Dead = Religion. Leader Alive = Cult.

  • @bryancorrell3689

    @bryancorrell3689

    5 жыл бұрын

    What if there are animals, but said animals are emus?

  • @TheLalalalani
    @TheLalalalani4 жыл бұрын

    Rare Earth sounds like the name of an essential oil pyramid scheme

  • @RareEarthSeries

    @RareEarthSeries

    4 жыл бұрын

    I'll send you the first bottle free if you buy a set of 99 others

  • @TheLalalalani

    @TheLalalalani

    4 жыл бұрын

    @@RareEarthSeries depends on how much the business starter kit is

  • @RareEarthSeries

    @RareEarthSeries

    4 жыл бұрын

    @@TheLalalalani oh man so much

  • @DannyG-ic2ci

    @DannyG-ic2ci

    4 жыл бұрын

    Rare Earth if TheLalalalani doesn’t buy the kit, I will!

  • @HC-sm3sd

    @HC-sm3sd

    4 жыл бұрын

    i thought rare earth was the name of the scheme too lmao

  • @snapperl
    @snapperl5 жыл бұрын

    Pyramid schemes are great, as long as you are the one that started it and have a get out of town strategy.

  • @Wamsuo58u

    @Wamsuo58u

    5 жыл бұрын

    The Rothschild's

  • @garystinten9339

    @garystinten9339

    4 жыл бұрын

    Monorail

  • @ninjawafflezz5356

    @ninjawafflezz5356

    4 жыл бұрын

    Saddle up me pig n make away with th' town gold n muh saddlebags. Move tuh th' south where she's warm an'- ahh shet, deputies done got me already

  • @voidoesminecrafta2706

    @voidoesminecrafta2706

    4 жыл бұрын

    or are the first person he confronts

  • @canadiansoviet

    @canadiansoviet

    3 жыл бұрын

    Scientology

  • @TonyStark-zd4sv
    @TonyStark-zd4sv4 жыл бұрын

    As an Albanian, I could tell you that social consequences of this scheme are felt even today, after 23 years. Very high quality video. Keep it up Rare Earth

  • @LironBerisha

    @LironBerisha

    4 жыл бұрын

    brooo even tony stark is albanian like John cena himself , this is proof

  • @kekwnerd9464

    @kekwnerd9464

    4 жыл бұрын

    Tony Stark ke tdrejt

  • @cacarotogod6695

    @cacarotogod6695

    4 жыл бұрын

    23 yrs aren't much

  • @kekwnerd9464

    @kekwnerd9464

    4 жыл бұрын

    @@cacarotogod6695 time passes fast

  • @user-np1gs4le2i

    @user-np1gs4le2i

    4 жыл бұрын

    *@cacaroto god* after 20 years you have already gone through half of your *percieved* lifetime

  • @AnalystRK
    @AnalystRK5 жыл бұрын

    If a person calls you for some job interview, and can't explain you clearly what actually you have to do and keep telling you how rich you can become. That most probably is a fraud.

  • @g0ast

    @g0ast

    5 жыл бұрын

    If they ask to meet you for a "job interview" at a McDonalds, or Starbucks, it's a scam.

  • @buster3698

    @buster3698

    5 жыл бұрын

    g0ast unless you’re interviewing for a job at a McDonald’s or a Starbucks

  • @XboxJoint

    @XboxJoint

    5 жыл бұрын

    Happened to me once with a old coworker. Received a random phone from a coworker saying that there was this magnificent opportunity to join a great company and I would meet his “Boss” at Starbucks to get interviewed and join the team. I made the mistake of not asking questions and got really excited about the thought of leaving my job and entering a high paying career. I was driving on my way to meet them and suddenly I started to put pieces together in my head about the situation and immediately it just clicked “this is a fucking pyramid scheme”. Needless to say I took the nearest exit off the freeway and headed back home. Now it’s just really awkward between me and my coworker now.

  • @TrollProductionsMC

    @TrollProductionsMC

    5 жыл бұрын

    If they need you more than you need them while you haven't even shown any of your skills, when they trying to "hire" you but giving a pitch as if they selling a product to you, it's most likely a scam. It's actually easy to tell a scam, when the inner lazyness in me gets really happy I just for damn sure know it's a scam because you can't make money by being lazy , and mark my words there is no one on earth running around trying to make you make more money.

  • @AnalystRK

    @AnalystRK

    5 жыл бұрын

    @@TrollProductionsMC Exactly! if making money was so easy, there won't be any poor in this world.

  • @christianrios9479
    @christianrios94795 жыл бұрын

    I’m not joking when I say that KZread played an ad for a pyramid scheme for the this video lmao.

  • @duck5336

    @duck5336

    5 жыл бұрын

    Christian Rios lol yup, that stock trade website is a joke. No real day trader, or even casual trader would use that crap.

  • @meowtherainbowx4163

    @meowtherainbowx4163

    4 жыл бұрын

    +Space Cowboy 45 Which one? Just want to avoid it if possible.

  • @TJWC

    @TJWC

    4 жыл бұрын

    Which one?

  • @3bydacreekside

    @3bydacreekside

    4 жыл бұрын

    Which one?

  • @claudiomonteverdi847

    @claudiomonteverdi847

    4 жыл бұрын

    mine was for generic mlm. prob forex

  • @incrediblesloth85
    @incrediblesloth854 жыл бұрын

    "Conmen won't sell you facts they'll sell you emotions and let you fill in the rest." I like that quote. It is the truth with this.

  • @MystMagus

    @MystMagus

    10 ай бұрын

    And the horrible thing about it is that the conmen have the massive advantage over people who fight against it, because they don't have to care if what they say makes sense so they can always just add more fuel to the fire. It's harder to convince people they are being fooled than it is to fool people.

  • @waterwoman901
    @waterwoman9014 жыл бұрын

    You never mentioned this, but the sickest level is when you combine MLM with religion! Then it becomes like a sin to not participate. Hideous social pressure together with greed!

  • @setter_soul_waifu0930

    @setter_soul_waifu0930

    3 жыл бұрын

    We have one in the Philippines. And oh boy look at all the people are pissed once the scam cult got shut down.

  • @williamwingo4740

    @williamwingo4740

    3 жыл бұрын

    @@setter_soul_waifu0930 Also reportedly very active in Utah.

  • @tessabakker662

    @tessabakker662

    3 жыл бұрын

    @@williamwingo4740 Utah has a lot of Mormons, and a lot of Mormons get entangled in MLMs...

  • @williamwingo4740

    @williamwingo4740

    3 жыл бұрын

    @@tessabakker662 Exactly.

  • @jonova3187

    @jonova3187

    3 жыл бұрын

    Every Abrahamic Religion on Earth? Lol

  • @d.aniela
    @d.aniela5 жыл бұрын

    the 6.5k dislikes are from mlm huns

  • @superfluous9726

    @superfluous9726

    4 жыл бұрын

    7.8k now.

  • @Avagantamos1

    @Avagantamos1

    4 жыл бұрын

    @@dafish5493 but not necessarily incorrect. not all but you might be surprised how many of trump's proponents will fervently deny these sorts of things no matter the proof.

  • @superfluous9726

    @superfluous9726

    4 жыл бұрын

    @@tydaftpk38 tell that to Italy.

  • @pepeberlusconi1736

    @pepeberlusconi1736

    3 жыл бұрын

    @@tydaftpk38 this guy made videos about communist albania and the khmer rouge, i really doubt he's high on socialism. just because he critics unregulated capitalism doesn't mean he's a raging communist.

  • @SniperKing5

    @SniperKing5

    3 жыл бұрын

    @@pepeberlusconi1736 the guy even criticized communism in the video, after which he specifically said that a fix to an extreme situation is rarely the opposite extreme. This alone is already enough to make the "hurrdurr, communism is bad" comments quite amusing. For whatever reason Trump's supporters label nearly everything that doesn't fit their own agenda as communism or socialism.

  • @tzisorey
    @tzisorey5 жыл бұрын

    This isn't one of those shady Pyramid Schemes you keep hearing about - our model is a _trapezoid..._

  • @gavincurtis

    @gavincurtis

    5 жыл бұрын

    If you invert your trapezoid, it’s extra shady.

  • @medexamtoolsdotcom

    @medexamtoolsdotcom

    5 жыл бұрын

    Well I have you beat there. I have a far superior business model. Mine is a cone. Because 3 dimensions are better than 2. Your trapezoid won't even last as long as a pyramid, because it is as thin as paper!

  • @StaveEntertainment

    @StaveEntertainment

    5 жыл бұрын

    @@medexamtoolsdotcom I made a zocchihedron, we dont know whst is going on best he keep rolling all over the place and people rather have two Pentagonal trapezohedrons

  • @medexamtoolsdotcom

    @medexamtoolsdotcom

    5 жыл бұрын

    @@StaveEntertainment But what if you invert a tridodecahedral icosmellafeetagonal cobicoctagedral hypertessaract? Then everyone sells their own shares to themselves, for 100% profit, and then dances around the chair in the middle with cats on their heads!

  • @ColonelSandersLite

    @ColonelSandersLite

    5 жыл бұрын

    @@medexamtoolsdotcom Shit guy. With that many buzz words behind your product, I would be a fool not to invest!

  • @bettym.3996
    @bettym.39964 жыл бұрын

    "The prime minister even had his economic advisor imprisoned for telling the truth about the oncoming collaspe." I'm beginning to see a worldwide pattern of behavior here. 🤔

  • @OffTheWagons

    @OffTheWagons

    4 жыл бұрын

    The wheel turns

  • @johnbergamini3567

    @johnbergamini3567

    3 жыл бұрын

    Truth telling gets more dangerous the more folks identify with false fictions.

  • @Ghonosyphlaids
    @Ghonosyphlaids4 жыл бұрын

    Oh man you pissed everyone off with this video and didn't even say anything controversial. Well done! Odd times we live in

  • @aregularperson7573

    @aregularperson7573

    4 жыл бұрын

    Ghonosyphlaids that how Twitter works

  • @Ghonosyphlaids

    @Ghonosyphlaids

    4 жыл бұрын

    @@dexterjettster8875 What an odd thing to ask, for me to have empathy for your position when you by the very nature of your position have none for your countrymen. Regulation isn't inherently good or inherently bad, it's a system created by humans to accomplish something. If your system of government hasn't been thoroughly rotted by oligarchic power struggles and jingoistic fear mongering, then it stands to reason how a functioning system can enact helpful policy.

  • @ornithobiography

    @ornithobiography

    4 жыл бұрын

    Attack the leader and the cultists will fight you to death. Attack the cultists and the leader will ran for their own sake. It's not hard to understand, that the leader's only job is to only lead their followers, leaders aren't protector, they only to give orders, and to bail out whenever the water rises to their feet.

  • @MyChilepepper

    @MyChilepepper

    4 жыл бұрын

    In a free country if there were no regulations to limit toilet paper sale per person during the pandemic you'd be in deep sheet. Or if anyone could produce medicines in their kitchen any time you'd be in another pandemic instead.

  • @thatsalotofsodiumcoins1615

    @thatsalotofsodiumcoins1615

    4 жыл бұрын

    Ghonosyphlaids I mean he said trump sucks so he kinda is but still one of the best

  • @charlesphilips2045
    @charlesphilips20455 жыл бұрын

    "...But remember that a con man won't sell you facts, just emotions..." that right there, are some words of wisdom.

  • @davidhollenshead4892

    @davidhollenshead4892

    5 жыл бұрын

    Agreed, as a non-blood relative of mine is a confidence man...

  • @neomarrodriguez9255

    @neomarrodriguez9255

    5 жыл бұрын

    Then, It's a good thing I don't have emotions!

  • @amando96

    @amando96

    5 жыл бұрын

    To be fair, not everyone can be sold by using facts.

  • @felicious6384

    @felicious6384

    5 жыл бұрын

    Donald "the orange" Trump described in one sentence.

  • @whiteknightcat

    @whiteknightcat

    5 жыл бұрын

    Amamdo Abreu said "not everyone can be sold by using facts." ... Prima Facie evidence: the American electorate

  • @sezanborshi4782
    @sezanborshi47825 жыл бұрын

    I'm Albanian and I would like to thank the channel for this incredibly insightful and accurate synthesis of what actually happened in Albania during it's early years of "democracy" implementation. Your analysis is by far the most accurate I've ever heard or seen and it's saddening how the vast majority of Albanians, still to this day (almost 30 years now) do not realize that this is what actually took place. We're still out there chanting for the red party and the blue party and you name it, and do not yet understand the fact that the people (or their descendants) who brought ruin to the country are still running the parties that we're voting for. It's painful to see that it takes a foreigner, to beautifully point out what happened in your country, because we as a nation are unable to wrap our heads around it, even after almost 30 years. Thanks again to the channel!!

  • @blatherama

    @blatherama

    5 жыл бұрын

    I was in Albania from 1992-94 with the US Peace Corps. The early versions of the schemes had already started and I remember sketching out a diagram of the scam on a wall/blackboard when one of my students tried to get me involved. Later, I heard the head of the department I worked at lost everything when the schemes finally collapsed.

  • @Oryxification

    @Oryxification

    5 жыл бұрын

    The only thing Albania trades in these days is tattooed whores and heroin. Thats their currency. Also they picked a fight with Serbia, went above and beyond acceptable atrocities and when they were getting their rightful comeuppances nato stepped in, Britain bombed the Serbs, and Albanians now name their sons Tonibler, after Tony Blair

  • @bobbobson110

    @bobbobson110

    5 жыл бұрын

    So you're a Serb? The most peaceful, non war crime committing ethnicity of all...

  • @Juxtaposed1Nmotion

    @Juxtaposed1Nmotion

    5 жыл бұрын

    @@sezanborshi4782 No joke; great reply.

  • @Oryxification

    @Oryxification

    5 жыл бұрын

    +muddi900 Says a guy named after Tony Blair www.Wikipedia.com/Tonibler

  • @KL-np5un
    @KL-np5un4 жыл бұрын

    I strive to be like you. Making people mad without saying anything controversial.

  • @edim108

    @edim108

    4 жыл бұрын

    People getting angry, even aggressive, over verified Facts is sad. No matter how much you protest, 2+2 will always equal 4.

  • @billtalker3843

    @billtalker3843

    4 жыл бұрын

    He’s implying that the President of the USA lied, but we have the strongest economy, lowest unemployment, and the greatest stock market in our history.

  • @Cinder5195

    @Cinder5195

    4 жыл бұрын

    @@billtalker3843 yea really, as long as we close our eyes, we're doing great!

  • @jodiefeighner8685

    @jodiefeighner8685

    3 жыл бұрын

    @@billtalker3843 You said this one month ago? Where have you been?

  • @marovahauhulh7054

    @marovahauhulh7054

    3 жыл бұрын

    @@jodiefeighner8685 😂 savage

  • @mayannbaguio2184
    @mayannbaguio21845 жыл бұрын

    It's happening in my country now. Reminds me of a quote by George Santayana "Those who don't learn history are doomed to repeat it".

  • @d.e.b.b5788

    @d.e.b.b5788

    4 жыл бұрын

    It is why Trump loves the uneducated..... Easy to fool.

  • @JoelLopezH.

    @JoelLopezH.

    4 жыл бұрын

    @@d.e.b.b5788 Ah That,s why wrote a book whitn Robert KiyosakI

  • @maiaallman4635

    @maiaallman4635

    3 жыл бұрын

    Which country?

  • @JoelLopezH.

    @JoelLopezH.

    3 жыл бұрын

    @@d.e.b.b5788 No, you are not there.

  • @mcov6841

    @mcov6841

    3 жыл бұрын

    Maia Allman The USA and some others

  • @jerry3790
    @jerry37905 жыл бұрын

    Not enough footage of pyramids in this video. 6/10

  • @RareEarthSeries

    @RareEarthSeries

    5 жыл бұрын

    You'd be amazed at how few natural pyramids you come across in your average week...

  • @admiralpercy

    @admiralpercy

    5 жыл бұрын

    @@RareEarthSeries wait what's a natural pyramid

  • @MountainsOfSadness

    @MountainsOfSadness

    5 жыл бұрын

    Good Day Admiral Percy, and welcome to your Free Topological Enhancement Advisory Presentation™. My name is Chris, and I'm here to be your Personal Geometric Coach, and I'm committed to your success. Now, let me start off by asking you a simple question: how would you rate your current Geometric Diversity Portfoilo? Good, Bad or Average? Now, you might be one of the 80% of people who consider their current Geometric intake as healthy. Now before we continue, I want you to listen to this quote by Gottfried Wilhelm Leibniz, who said, "Take good care of your Dimensional Wellbeing, it's the only space in which you can exist." Now maybe think about this unavoidable truth today - but let's continue with the presentation by asking: what is the shape of the room you slept in last night? Maybe it was a Cuboid, or Rectangular Hexahedron - but consider this: when was the last time you let your Vertecies normalise to the Natural values of a Cylindrical Living Environment™? I do not wish to alarm you, but your Vertex Normals could be at risk of turning Non-Manifold! If you look under your seat, you will find a Natural Pyramid™ supplement - a Free™ gift from us here at Topological Enhancement. This gentle suppository can be worn inside of you at all times to help align your internal Vertex facing, creating a harmonious Topology for you, and your family. Yes, Sir, I see the look on your face. The Natural Pyramid™ suppository will fit within you, if you are committed enough to your Topological Wellbeing. Any discomfort you may feel during application is in fact your Normals realigning to your Natural Torus Disposition. If you find this application uncomfortable, we are happy to sell you our patented Pyramid Assistance Cream™ for a smooth glide into your Torus.

  • @246spyder

    @246spyder

    5 жыл бұрын

    Why haven't they arrested you yet?

  • @route2070

    @route2070

    5 жыл бұрын

    Aren't some mountains pyramids?

  • @wfpnknw32
    @wfpnknw325 жыл бұрын

    very frustrating, no explanation of how to earn thousands a day from my sofa...

  • @jokangpua2152

    @jokangpua2152

    5 жыл бұрын

    lolx... I'll assume its a mere pun and joke. Otherwise, that makes you one of the BILLIONS worthy to be solely FOLLOWERS, not LEADERS.

  • @bishopscore

    @bishopscore

    4 жыл бұрын

    Lamb to the slaughter. smh

  • @Jay-jq6bl

    @Jay-jq6bl

    4 жыл бұрын

    Pretty sure some drug dealers do

  • @therevolution91

    @therevolution91

    4 жыл бұрын

    I know how.

  • @jimp4170

    @jimp4170

    4 жыл бұрын

    If you go to Buzzfeed and look at the comments to any article, you will run across someone who can tell you.

  • @BruceLee-xp5fc
    @BruceLee-xp5fc4 жыл бұрын

    Never been scammed by these schemes, but man my heart sank listening to this. 😞

  • @mrzoltanonwinter2218

    @mrzoltanonwinter2218

    4 жыл бұрын

    Bruce Lee, you have never been scammed by these schemes because of the following: 1) You have common sense. 2) You are not greedy. 3) You are honest. You are, essentially a scammers nightmare.

  • @isweartofuckinggod

    @isweartofuckinggod

    4 жыл бұрын

    @@mrzoltanonwinter2218 Not to mention a master of martial arts!

  • @mikelpukri6911
    @mikelpukri69113 жыл бұрын

    As an Albanian I just want to say that all of this is true, and more so, it has bled into the new generation. We're in a cycle of crippling economic status.

  • @thoughty4257

    @thoughty4257

    Жыл бұрын

    Ne kemi marre fund thjesht falem qe familjen Berisha ta marrim me vete ne fundin tone e te mos shtohet me fara e tyre tradhtare

  • @heyitsvos

    @heyitsvos

    8 ай бұрын

    I loved my time there, but then I didn't know the history and back story and could sense something below the surface (this was only 7 years ago). But loved the place. Finally clicked that our "import facilitator" who picked us up at the airport was driving a new Range Rover which was odd, then at police checkpoints, he would dispense mild tongue lashings to which the police would salute him...... goddamn was I slow to catch on 😂.

  • @DidntKnowWhatToPut1
    @DidntKnowWhatToPut15 жыл бұрын

    I had a friend who had a masters degree in engineering and had a really good job working as a civil engineer. She fell for a MLM and hasn't been the same since. Pushed away all her friends trying to sell them into it. Never assume you're too smart to be scammed. In reality that can make you fall even harder.

  • @meinname5788

    @meinname5788

    5 жыл бұрын

    DOUBT is The Magical Word here. Most People find confidence and Positivity The Most important things To have... For me it's doubt.

  • @robkitchen5344

    @robkitchen5344

    5 жыл бұрын

    Its same we see with political affiliations when clearly your party was a disaster(BUSH/Cheney) and rather than admit that you choose wrong.... You will entrench yourself further when calling out for reforms would serve you best...(8 yesrs of the Obama mistake and the past is wiped. Away) , religious zeelots as well as romantic disaster. In which others can see your in a dangerous relationship but the more others tell you to run.. The more you allow yourself to become a victim.. It's called.... False pride. Unwillingness to admit that you have made a huge mistake that questions everything you have sacrificed to gain what have.... every level of education achieved that internally was evidence of your superior intelligence . subconsciously or not.. waved those degrees in faces of those around you whenever it could belittle them.. And embarrassed how gulible you were lured into despite the red flag legs that were everywhere...but instead of a acknowledged your mistake, take the emotional damage that might happen if ridiculed and begin rebuilding... There are many victims of scams who have chosen not to seek justice whick may recover some of the fortune lost.... They let $ millions get taken because they will be judged as dim or incompetent.....

  • @Jmn-ru1kj

    @Jmn-ru1kj

    5 жыл бұрын

    No people are just stupid and lazy. The moment you get desperate is the moment you get taken advantage of, also use common sense.

  • @flagmichael

    @flagmichael

    5 жыл бұрын

    The problem is that we can't use our friends and keep them too.

  • @countessratzass5408

    @countessratzass5408

    5 жыл бұрын

    Education isn’t the problem it is lack of common sense.

  • @luiselizondo7886
    @luiselizondo78865 жыл бұрын

    "the answer to unchecked communism isn't unchecked capitalism" that has to be one of the best phrases I've ever heard to actually get across the point that regulation in the free market does not mean wanting to control everything.

  • @-haclong2366

    @-haclong2366

    5 жыл бұрын

    All of Eastern Europe fell to this, the Russians, the Germans, the Czechs.

  • @pedrospegiorin4026

    @pedrospegiorin4026

    5 жыл бұрын

    Luis Elizondo "The price of freedom is eternal vigilance"

  • @flagmichael

    @flagmichael

    5 жыл бұрын

    @@UTube4MN AK-15s? Maybe they have some AR47s too?

  • @acceleration4443

    @acceleration4443

    5 жыл бұрын

    UTube4MN Communism is when the state takes shit from you and tells you want to do.... your comment is by no means a strawman of the actual real world system of communism.

  • @acceleration4443

    @acceleration4443

    5 жыл бұрын

    Maxwell Majewski Russia’s economy collapsed very quickly and eent from an economy that exported military technology/technology in general and oil... straight to a petrol nation like that of Venezuela. As communism collapsed the old communist vanguard took possession of the country’s oil infrastructure. This is capitalism 101... the rich people (that existed under communism) quickly took every valuable asset the soviet economy had to offer. Some economists and historians have projected the USSR’s worse Growth rates from when it collapsed. And it shows that the modern russian/eastern European economy would still be smaller than the theoretical USSR’s economy. Frankly the failure of communism in the 80s-90s in both the USSR and China’s liberalization... doesn’t show that communism doesn’t work. But that the things anarchists and libertarian socialists have been saying for 2 centuries... That the communists state would eventually betray the revolution (and the people)... and (along with killing millions) would revert back to capitalism... Either by outright exploding (like the USSR) or slow and steady transitions to capitalism (china)... but this conversation is much more complex than a utube comment is made for. 1 could argue that the USSR stopped being communist in the 30s/40s... and that china’s move back to capitalism is actually a socialist idea. Very interesting

  • @thepuzzlemaker2159
    @thepuzzlemaker21594 жыл бұрын

    “If something sounds too good to be true, it probably is [...] a polititian saying that he’ll make your country great again, they’re all selling a fantasy” Sounds about right

  • @andrewputnam2717

    @andrewputnam2717

    4 жыл бұрын

    Any politican to be honest, every single one wants to sell a fantasy to there voters that will make there country perfect all you have to do is vote for them.

  • @slimyklerburt9590

    @slimyklerburt9590

    2 жыл бұрын

    I just want Moravia to be great again

  • @laoaganlester1728
    @laoaganlester17283 жыл бұрын

    The Philippines is bombarded with MLM or Networking or Pyramid Scheme companies that are not strictly regulated for as long as a company has business permit. Even the products are not regulated as long as "No Approved Therapeutic Claims" are put on the labels.

  • @NyanLama459
    @NyanLama4595 жыл бұрын

    I admire you for not shying away from controversial topics... Your comment sections are always interesting

  • @ornithobiography

    @ornithobiography

    4 жыл бұрын

    It's hillarious to see how far some people will fight to tooth and nails to justify their belief. Evan was correct about cultists, and even to this day (with current events) some would throw themselves out as meat shield yet blindly see the dark reality of the world surrounding them. If I can't see it, it doesn't happen or exist yet.

  • @25thturtle48

    @25thturtle48

    3 жыл бұрын

    wtf is that face

  • @joshuafitzgeraldeypie9557
    @joshuafitzgeraldeypie95575 жыл бұрын

    This was actually a masterpiece of KZread, I was pleasantly surprised by the high quality of this production, akin to a well funded comprehensive documentary on the topic from a reputable source. Well done Rare Earth!

  • @sabbag-saab2215

    @sabbag-saab2215

    4 жыл бұрын

    Bravo!!! Joshua for your honesty. 🙏

  • @TheIronalvarohide

    @TheIronalvarohide

    4 жыл бұрын

    Well once you know a little bit about communism, capitalism and their data, the fall of the socialism in europe, etc, you see how plenty of the begining is pretty close to bs

  • @monstrositizen

    @monstrositizen

    3 жыл бұрын

    You should see james jani...

  • @aidanjohnson3169

    @aidanjohnson3169

    2 жыл бұрын

    Lol

  • @theoldar
    @theoldar4 жыл бұрын

    Unregulated capitalism always ends in disaster. It only works when it isn't allowed to destroy itself.

  • @EarthIsNotFlat

    @EarthIsNotFlat

    4 жыл бұрын

    Generally it’s not the capitalism that destroys anything, it’s the corrupted government that almost always follows.

  • @theoldar

    @theoldar

    4 жыл бұрын

    @@EarthIsNotFlat That too, but capitalism is designed to serve only the interests of the owners and shareholders. If left to itself it will create a monopolist dystopia.

  • @joaopedrodesousa363

    @joaopedrodesousa363

    4 жыл бұрын

    Capitalism can only works on crisis.

  • @rutessian

    @rutessian

    4 жыл бұрын

    @@theoldar Considering you have your body, your mind, your talents and skills - it serves your interests too. That's a myth: monopolies are created by the state, not by the free market. In a free market competitors always spring up to undercut would-be monopolists.

  • @Avagantamos1

    @Avagantamos1

    4 жыл бұрын

    @@rutessian that depends on regulation. without regulation, competitors can just buy out any and all opposition, creating a monopoly.

  • @Mr_T_Hief
    @Mr_T_Hief4 жыл бұрын

    According to Wikipedia In the Albanian pyramid scheme aprox. 1.2 billion $ vanished. On average every single citizen lost 400$

  • @TVCHLORD

    @TVCHLORD

    3 жыл бұрын

    that was a lot of money for an individual when houses were $5000 at the time

  • @cmillertime7477
    @cmillertime74775 жыл бұрын

    Damn, what a great video. As a US citizen, I really appreciate the info in the second half. I had no idea so many of our politicians were involved in MLMs, although I can't say I'm all that surprised.

  • @tmanepic

    @tmanepic

    5 жыл бұрын

    Yes, I was surprised to find out just how uninformed I was about our current politicians' connections to pyramid skemes

  • @rediris347

    @rediris347

    5 жыл бұрын

    Yeah, I'm very suspicious of those votesd into office from normal jobs like lawyer, legitimate business owner, etc. and within a few years they're a millionaire??? It seems that happens a lot here in the US.

  • @unclejoeoakland

    @unclejoeoakland

    5 жыл бұрын

    Well to be fair to politicians... It seems to be just those who associate with Donald Trump.

  • @wlonsdale1

    @wlonsdale1

    5 жыл бұрын

    unclejoeoakland ha! Where were you when Obama was was throwing money into the air with his bailout?!?!

  • @louisolive3821

    @louisolive3821

    5 жыл бұрын

    Are you gonna do a tell all on that the other half of the politicians in america are involved in? You know? The ones involved in shady, AND ILLEGAL SHIT, not just shady shit?

  • @wydkwhy
    @wydkwhy5 жыл бұрын

    My friends dad was a pilot for Vefa (one of the biggest pyramid schemes in Albania), and I remember him telling me how they would fill the plane to the top. BAGS full of cash. The people were uneducated. They had never experienced something like pyramid schemes or even free market for that. It hit the rural areas and farmers the hardest. People sold their houses and everything for a chance out of poverty. P.S.A For everyone asking how it worked you were promised an advance on any investment ( For Example: you put in 100$ get back 1000$). And some people actually won my mom put in 300$ and won a couple thousand. Luckily she never did it again. Some weren’t as lucky and didn’t win. Politicians and the government endorsed these schemes so many people got finessed.

  • @OriginalShortStory

    @OriginalShortStory

    5 жыл бұрын

    :'(

  • @palmspirit1833

    @palmspirit1833

    4 жыл бұрын

    Ponzi. It's happening in my country and despite the losses, some people still invest in the next new one to rear its ugly head.

  • @TVCHLORD

    @TVCHLORD

    3 жыл бұрын

    this is 100% true

  • @truthseeker8273

    @truthseeker8273

    Жыл бұрын

    I'm from Bosnia and we never heard anything about this ... Only thing I knew as a kid about Albania is that it's a poor country... So sad to hear this.

  • @mrcombine7983
    @mrcombine79834 жыл бұрын

    A great analogy for this my dad told me was “You can’t fix extremist country’s instantly, think of it as a man who has been starved for months, he’s only been given a little bit of food. Now imagine if you gave this man the largest buffet you or I have ever seen, he would eat everything, he would feel great and he’s eating good too. But shortly after he began stuffing himself, he collapses, and dies. You have to slowly reintroduce food and not throw it all out at once and leave him with it”

  • @kodyeldridge5847
    @kodyeldridge58474 жыл бұрын

    "If something sounds too good to be true, it probably is, like a beautiful woman who wants to chat online..." hey, hey, hey there's no need for that kind of negativity.

  • @rachelhallie7483

    @rachelhallie7483

    4 жыл бұрын

    Sorry Kody, but that sexy Asian single in your city doesn't actually want to bang you. Neither does the Russian OR the bored MILF.

  • @ndaemon1718

    @ndaemon1718

    3 жыл бұрын

    @@rachelhallie7483 what about the lonely grandmas in my area? surely they want me?

  • @Liam-vt8de
    @Liam-vt8de5 жыл бұрын

    Had a "friend" who tried getting me into life vantage. His whole family was doing it on the side. I stopped talking to him as soon as I heard that you have to buy their product to sell it.

  • @mrjoshua1983

    @mrjoshua1983

    5 жыл бұрын

    cheefy beat friend growing up tried to get me to join Quixtar, along with his parents, brother and in-laws. Unfortunately was not the only one. Stopped hanging out with him as much, and eventually we just stopped... Oldest friendship too...kind of ruined

  • @biteursknbiteurskn

    @biteursknbiteurskn

    5 жыл бұрын

    @@mrjoshua1983 Get back in contact with him, I implore you to, nothing is more sad than a dead friendship

  • @diestormlie

    @diestormlie

    4 жыл бұрын

    I mean, technically speaking, you have to buy all products before selling them. Or, you know, make it yourself. But yeah. As soon as you start making it about tiers and levels... Eesh.

  • @zacharyb2723

    @zacharyb2723

    4 жыл бұрын

    @@diestormlie Most sales reps don't have to invest their own money up front for products. That's not usually how sales works, and is a red flag.

  • @zacharyb2723

    @zacharyb2723

    4 жыл бұрын

    ​@@mrjoshua1983 Most people inside the pyramid scheme genuinely believe in it. They actually think they can get rich and make their friends rich too. He was sucked in and it probably cost him a lot of friendships and maybe even ruined his life. Have sympathy. Our whole culture is infected with a get-rich-quick-while-helping-people fantasy that makes us vulnerable to MLMs. Its a deeper problem than just by-the-book pyramid schemes but that's another discussion.

  • @lodevijk
    @lodevijk5 жыл бұрын

    The same almost happened in Poland after the country moved to a capitalist economy. The person who prevented it from happening, Professor Balcerowicz, is hated by half of the country to this day.

  • @jerry3790

    @jerry3790

    5 жыл бұрын

    It shouldn’t have to take a professor to notice these things.

  • @lodevijk

    @lodevijk

    5 жыл бұрын

    Not many professors, or good and wise people in general, decide to taint their hands with politics.

  • @TonksMoriarty

    @TonksMoriarty

    5 жыл бұрын

    Kinda wish it had happened, even though it might've meant that I was never born. *shrug*

  • @grundergesellscahftmkii6196

    @grundergesellscahftmkii6196

    5 жыл бұрын

    Why the hate though? After some quick research, what balcerowicz do is removing insufficient industries and reducing inflation

  • @zeroyuki92

    @zeroyuki92

    5 жыл бұрын

    I would like to know more about this Balcerowicz guy

  • @gefernandes8194
    @gefernandes81944 жыл бұрын

    This was probably one of the most educational views I've seen in a while. Did my research after the video ended and was truly shocked..... Thanks so much for sharing such amazing insights

  • @adriannini7000
    @adriannini70004 жыл бұрын

    You just won the subscription from me! Great video and very accurate. I was living in Albania that time but i was just 9 yo. and i didn't understand much. My parents was very skeptical but in the end they also "invested" and of course they lost money but not all at least! Very difficult times!

  • @indisciipline
    @indisciipline5 жыл бұрын

    Albanian President: Level 200 Crime Boss MAFIA CITY

  • @A.LMURDA

    @A.LMURDA

    5 жыл бұрын

    Ikr

  • @WarPoodle-pc5wu

    @WarPoodle-pc5wu

    5 жыл бұрын

    So, that's how you mafia!

  • @tacticalbondsh

    @tacticalbondsh

    4 жыл бұрын

    Mafia Wars 4 life

  • @BenchFox_

    @BenchFox_

    4 жыл бұрын

    That's how mafia works.

  • @kellye2013

    @kellye2013

    4 жыл бұрын

    H-to-O reserved? that's a nice way to say cowardly

  • @charlesdavis7087
    @charlesdavis70875 жыл бұрын

    Sometimes a democracy is like two wolves and a sheep voting on what's for dinner.

  • @user-xb9yv2ci4c

    @user-xb9yv2ci4c

    4 жыл бұрын

    Do you know that scene in Game of Thrones, where Danaerys says to three men, that one of them must die, but they can choose? Two of them quickly decide that the other one should die.

  • @Jared_Is_Near

    @Jared_Is_Near

    4 жыл бұрын

    There are only wolves in Congress.

  • @Baccanaso

    @Baccanaso

    4 жыл бұрын

    Always*

  • @jpt069

    @jpt069

    4 жыл бұрын

    Wasn't that quoted by Winston Churchill?? Correct me if I'm wrong.

  • @6611nitro

    @6611nitro

    4 жыл бұрын

    It's true, and in the long run nobody wins, but then it's even more confusiong then usual when the sheep somehow ends up eating a pair of wolf steaks.

  • @CrystalMouse1
    @CrystalMouse15 жыл бұрын

    Wow Albania has zero wheelchair access in this video 😳

  • @Mrobo04

    @Mrobo04

    4 жыл бұрын

    I think wheelchair access is the last thing we have to worry. Albania is like how anarchy looks and that's why I have a problem with anarchists.

  • @EuroGuy85

    @EuroGuy85

    4 жыл бұрын

    Crystal, that’s because albania has 0 wheelchairs 😆

  • @kenbee1957

    @kenbee1957

    4 жыл бұрын

    🤣🤣🤣🤣🤣🤣🤣🤣

  • @EuroGuy85

    @EuroGuy85

    4 жыл бұрын

    Calvin, homie, which continent is new? Has there been significant changes to the earth that I don’t know about because I have not taken a science class since the early 2000s. What does wheelchair access have to do with Europe being old. Africa is old, America is old. FYI, I have seen people in wheelchairs go and visit old European castles, not because there were updates to the structure, but because of the way the cobblestone path was built from the bottom of the hill to the top where the castle stands.

  • @CrystalMouse1

    @CrystalMouse1

    4 жыл бұрын

    @voitdive it'd be great if to visit. But I'd not be able to because there's no way I my wheelchair would make it

  • @davidthomas283
    @davidthomas2833 жыл бұрын

    You're right about emotion. I was in AMWAY and they pushed "Positive thinking" and to stay away from anything negative.

  • @garydabelza

    @garydabelza

    3 жыл бұрын

    Btw, Is amway products actually good? Today, in my country, we have Amway selling their products here via website.

  • @ianbuick8946

    @ianbuick8946

    2 жыл бұрын

    If your family member warn you to stay away from it, they will say your family is toxic and doesn't want you to be success and rich.

  • @Professicchio

    @Professicchio

    2 жыл бұрын

    @@garydabelza Massively overpriced is the word.

  • @mabelpines1533
    @mabelpines15335 жыл бұрын

    first 9 minutes- why so many dislikes? last 4- oh there it is

  • @mabelpines1533

    @mabelpines1533

    5 жыл бұрын

    @@bilalsadiq1450 I mean I guess but I think the video would have been higher quality if it just focused on the subject of the video instead of tacking on something tangentially related on the end

  • @samscarbrough4376

    @samscarbrough4376

    5 жыл бұрын

    @@mabelpines1533 That WAS the subject of the video, not the Albanian story. The collapse of Albania is merely a way to convince people that pyramid schemes are a problem.

  • @mabelpines1533

    @mabelpines1533

    5 жыл бұрын

    @@samscarbrough4376 then he should have made that clearer from the beginning because it was certainly presented as a story about Albania until the very end

  • @samscarbrough4376

    @samscarbrough4376

    5 жыл бұрын

    @@mabelpines1533 Then no one would watch it

  • @mabelpines1533

    @mabelpines1533

    5 жыл бұрын

    @@samscarbrough4376 I don't think that's true at all, a ton of people clicked to learn about a specific pyramid scheme that collapsed a specific nation

  • @wenkeli1409
    @wenkeli14095 жыл бұрын

    Ha, herbalife. I remember it well... about 15 years ago I was in high school, saw an ad on yahoo and signed up. Convinced Mom to check it out and put in a 2-300 bucks to buy in. We even went to one of their seminars(?) In Dallas, even tried to sell people the stuff. In the end we got lazy and didn't really try too hard, and never went beyond the initial buy in. Considering the stories I've heard from John Oliver's Last Week Tonight, we really dodged a bullet there. I would like to think we ended up a little wiser from that experience. They sell on emotions, so very true.

  • @jerry3790

    @jerry3790

    5 жыл бұрын

    Apparently it’s just a company selling scam products now.

  • @BothHands1

    @BothHands1

    5 жыл бұрын

    I've bought essential oils from their website before, seemed ok. I don't think their products are really the problem, but rather the problem lies in their human vendor organizational structure, and the cash-flow within that structure. Buying their products for personal use shouldn't be a problem, so long as you don't put in hundreds of dollars to buy in bulk, with the idea that you're going to resell that product for a higher than market value and rake in a giant profit.

  • @jerry3790

    @jerry3790

    5 жыл бұрын

    Danielle Spargo That’s all well and good, but don’t expect any health benefits like I’ve heard them claim.

  • @BothHands1

    @BothHands1

    5 жыл бұрын

    Jerry Rupprecht Ah, no, well, def do your own research. But if I'm buying lavender oil for its linalo-3-ol and linalyl acetate content, i can typically expect it to contain those compounds, regardless of what claims they might make about them. Or if i buy bergamot oil for the purpose of extracting bergamottin for the use as a CYP3A4 and CYP2D6 enzyme inhibitor, i can be reasonably sure that my yeild will be equal to that of oil bought anywhere else. I do not believe their products are fake, at least not the ones that I've purchased. Though i'd imagine it would be illegal to claim medical benefits that do not exist in the literature, so if they're doing that, it should def be looked into. But if you're an educated consumer, and make a purchase based on your own prior research, i don't believe the products you might buy from them would be fake. Had that been the case, they'd've likely been shut down by now. As for their MLM pyramid scheme though, it certainly sucks for those caught up in it, funding big business at their own expense, or at their friends' expense, based on exaggerated medical claims. Some more regulation would do the consumer some good, and i would approve of it completely.

  • @wenkeli1409

    @wenkeli1409

    5 жыл бұрын

    @@BothHands1 yeah, as long as you buy their stuff with the expectation of personal use, it's all reasonable. But I suspect they would make a lot less money without that pyramidal scheme. Better regulations would help for sure. Ultimately, we can protect ourselves by doing research and using good judgement. It's difficult when the con people (and companies) know every trick in the book to appeal to the emotional shortcuts built into our brain, but we have to try.

  • @DWilliam1
    @DWilliam14 жыл бұрын

    I’m in my 50’s and have seen many people fall victim or try to start one of these. They come from all walks of life, all types of education, all races and ethnicities, some with good jobs some with no jobs. The ones who fall victim all have a a mindset of getting rich quick with minimal effort. Some don’t have the discipline to work a 9-5, others just hate their job, others would rather be working less. Common theme is that want a certain lifestyle and don’t want to work hard in the traditional way. The ones who start these things are straight sociopaths. Knowing full well how they can destroy people’s lives. In another life they would be doing stock market swindles, robberies, drug dealing, murder etc.

  • @Cinkodacs

    @Cinkodacs

    4 жыл бұрын

    You seem to forget one other major type to fall for this: the ones that do not have even the ability and connections to ever get ahead in life. Never in the right place at the right time, their hard work never rewarded by their employers, their overtime expected and unpaid. The ones for whom no hope remains but these conman...

  • @platinum_noelle
    @platinum_noelle4 жыл бұрын

    "Or a politician saying he'll make your country great again, they're selling a fantasy" damn, that callout lmao

  • @simonvikhammer3777
    @simonvikhammer37775 жыл бұрын

    Been a viewer since you first sat on that porch with your father announcing the series, but recently became a patron as well, and gotta give it to you mate. Its been a blast watching you grow into this whatever-you-wanna-call-it. Online documentarist ? Idk. What i do know is watching you deconstruct one country and have us then understand another is what education should be all about. Huge thanks from Norway.

  • @ncc74656m

    @ncc74656m

    5 жыл бұрын

    I only wish I had money to donate myself. It's a special channel, and I hope it never stops.

  • @TheConquesttintin

    @TheConquesttintin

    5 жыл бұрын

    Could not have said it better! Also huge thanks from Norway

  • @cristianvillanueva8782

    @cristianvillanueva8782

    5 жыл бұрын

    you took the words out of my head. absolute unit this channel is.

  • @smartalek180

    @smartalek180

    5 жыл бұрын

    If you want to support them w/o spending money, I suspect this channel might have some ads? (I wouldn't know; I have Ad Blocker.) But if it does, and you see ads on here, clicking on them should generate some payback for our heroes.

  • @schmitzfrance
    @schmitzfrance5 жыл бұрын

    13:01 "the answer to unchecked communism is not unchecked capitalism".

  • @nvizible

    @nvizible

    4 жыл бұрын

    What about checked communism?

  • @nvizible

    @nvizible

    3 жыл бұрын

    @allright715 Stalinism isn't really a thing but yeah sure.

  • @joenobk

    @joenobk

    3 жыл бұрын

    Regulations protect some and give false security to many. Always enrich those in power.

  • @joenobk

    @joenobk

    3 жыл бұрын

    Regulations protect some and give false security to many. Always enrich those in power.

  • @proveritate1205

    @proveritate1205

    3 жыл бұрын

    Unchecked capitalism is bad. State-encouraged scam-led capitalism is worse. Communism, checked or unchecked, is the worst.

  • @dannybenhur6123
    @dannybenhur61233 жыл бұрын

    Photography and editing in on point...Good work man, thanks for teaching the world about the biggest scams ever...

  • @A247pplecustard
    @A247pplecustard5 жыл бұрын

    I nearly got involved with ACN, luckily a friend pointed out what was really going on. Luckily he was there before I got in too deep

  • @jonny5777
    @jonny57775 жыл бұрын

    I learnt a lot during that! Most interestingly that con man stands for confidence man, I never knew that.

  • @wayside5182

    @wayside5182

    5 жыл бұрын

    Yea same I think that's part of the reason some many fall the the schemes thinking their to smart to be trick we forgot what con even meant

  • @JointFive

    @JointFive

    3 жыл бұрын

    Its the basis that governs all the action initially, only to eventually fail spectacularly

  • @ravenlord4
    @ravenlord45 жыл бұрын

    Seriously, how are "companies" like Amway still in business? The Federal Trade Commission even requires Amway to label its products with the message that "54% of Amway recruits make nothing and the rest earn on average $65 a month" and people still buy in for hundreds a month :(

  • @gazpachopolice7211

    @gazpachopolice7211

    5 жыл бұрын

    As useful as warnings on cigarette packs.

  • @HelicopterHatHacker

    @HelicopterHatHacker

    5 жыл бұрын

    Other people lie to them. They tell them they make a lot of money.

  • @Michael-Archonaeus

    @Michael-Archonaeus

    5 жыл бұрын

    No idea!

  • @lotoex

    @lotoex

    5 жыл бұрын

    Part of it is that 50% of people believe they are smarter then 90% of the population.

  • @DianaKaulitzListing

    @DianaKaulitzListing

    5 жыл бұрын

    People think they're not going to be "that person" earning nothing so they try despite the warnings, in hope for quick money.

  • @ryanp9458
    @ryanp94584 жыл бұрын

    So I’m watching this video and a girl I’ve been talking to deadass messaged me to pitch her MLM scheme to me 🤦🏻

  • @EjJonelis
    @EjJonelis3 жыл бұрын

    Awesome video! Thank you for putting it out there 🙏🏻

  • @SuperChefJared
    @SuperChefJared5 жыл бұрын

    The money is not gone. Someone is gone with the money!

  • @reallyWyrd

    @reallyWyrd

    5 жыл бұрын

    In typical scammer fashion, they probably spent the money even faster than it came in. It's unlikely there's any left.

  • @hakeemzahardi9207

    @hakeemzahardi9207

    5 жыл бұрын

    Well said

  • @azmanabdula

    @azmanabdula

    5 жыл бұрын

    " The money is not gone. Someone is gone with the money!" What if the money is now useless

  • @vmelkon

    @vmelkon

    5 жыл бұрын

    @@azmanabdula : "What if the money is now useless" ==Money is only useless if you can't buy anything with it. For example, you can't have a country of rich people, people who have lots of $$$ but no one works to produce anything. So, there is nothing to buy. That's the problem with cryptocurrency. It's just money from nowhere. The value of it goes up for no reason. People exchange their country's money and get cryptocurrency. The value goes up and so, they sell their cryptocurrency and get their country's money. The guy is happy that he made a profit. Eventually, the system collapses. Cryptocurrency is a Ponzi scheme.

  • @travcollier

    @travcollier

    5 жыл бұрын

    A good portion of the "money" was people believing things (like companies) are worth far more than they actually are/were. That does get translated into a few yachts and penthouses through the 'owners' being able to borrow realer money at super low rates. Anyways, rich isn't about how much money you have, it is about how much and how favorably you can borrow. The technical term for that is "privilege", which I think is fitting.

  • @enia4211
    @enia42115 жыл бұрын

    you have done an excellent job with this video!!.I am Albanian and I have never seen a video or even someone to treat these problems in such details.Let alone by a foreigner👏👏👏👏👏

  • @NorCalMtnBiker86

    @NorCalMtnBiker86

    5 жыл бұрын

    Looks like a beautiful country :) I'd like to check it out if I ever go to Europe.

  • @treehugger3615

    @treehugger3615

    5 жыл бұрын

    Can you explain what exactly was the pyramid scheme that collapsed the economy?

  • @jokangpua2152

    @jokangpua2152

    5 жыл бұрын

    As long as MORE Albanians start to THINK instead of merely FEEL, after watching this video, there is still a bit of hope.

  • @TVCHLORD

    @TVCHLORD

    3 жыл бұрын

    @@treehugger3615 there was a lot of them en.wikipedia.org/wiki/Pyramid_schemes_in_Albania

  • @nnnn50001
    @nnnn500014 жыл бұрын

    You’re vocabulary and imagery is on point! Good job

  • @bicyclist2
    @bicyclist23 жыл бұрын

    This is important and many more people need to see this. Please keep up the great work. I subscribed. Thank you.

  • @nVzix
    @nVzix5 жыл бұрын

    I am albanian and this is so so so accurate, I'm impressed. Most of us don't even realise this was a goverment backed scheme. People to this day praise our ex-president Sali Berisha,who took away our lives,money and dreams. And just to correct you,it is shame on us and our history. If the majority of the albanians would be more educated,if our people would raise they're voices for a better educational system we would not still be the last on Europe and still praising and voting for Sali Berisha or whomever of these ex-comunist mafioso politicians who sucked blood from our veins in almost 30 years of "democracy". Thank you for throwing light on this shady topic

  • @khenricx

    @khenricx

    5 жыл бұрын

    It's hard to blame on uneducated people. After all, they're uneducated. They don't know how much they don't know, by definition. Hope the situation of Albania is better than what it was in 1997 !

  • @sezanborshi4782

    @sezanborshi4782

    5 жыл бұрын

    Me vjen mire qe shqiptaret kane filluar te kene mendime si ato qe ke shprehur ne koment. Është per te ardhur keq dhe e turpshme te brohorasesh rrofte njeri apo tjetri ne nje kohe kur njerezit per te cilet brohoret ishin pjesëtare te sistemit komunist ose pasardhësit e tyre. Fatkeqësisht keta njerëz jane akoma ne pushtet e ne opozite dhe njerezit jane akoma teper te verber per ta kuptuar, dhe vazhdojnë votojne akoma per ta. E vetmja mënyrë per te rregulluar gjerat, eshte t'i japesh kohe kohes. Vetem brezat e ardhshem, te cilet jane margjinalisht me mire se te vjetrit ose te pakten kështu supozohet , do gërryejnë mentalitetin e vjeter si valet e detit me shkëmbinjtë.

  • @12nelly1

    @12nelly1

    5 жыл бұрын

    Who is most of us?? Most of us do realise that it was a whole scheme run by the politicians. Most people do not like the politicians who rule us, its like chosing the lesser of two evils and it has been so for years now. Have you seen the rates of voters? They are very low, because people are not satisfied with the our so called democracy. I understand that it is not enough and not a solution not to vote, but nobody is chanting for anyone.

  • @nVzix

    @nVzix

    5 жыл бұрын

    @@12nelly1 How do we get outta this slump then ? If people dont vote because they dont have none to vote? We choose the less shitties ? No, thats the most ignorant thing to do. And youre basically saying that 46%(percantage who voted in 2017) of our people are not aware of this ? And the other 54% are smart and aware...

  • @12nelly1

    @12nelly1

    5 жыл бұрын

    @@nVzix Last year only 30% of the population voted. There was a huge thing about this, discussed also by the european committee responsible for West Balkan. Also i did mention that not voting is not the solution. The problem is rooted corruption and lack of support for independents. Since they have no funds, they cant get media coverage and thus fewer ways to get to the people. No matter how many cities they visit, no one will support them because they think, that if they vote for smaller partys or independents they wont win, thus no change at all. Kinda the same that happened to Bernie and the same that has been going on around Europe, there are no actual partys that people fully associate themselves with, it comes down to voting for the least of two evils. Also lumping a whole population dumb or uneducated is far off from being realistic. You are talking to a person who is aware and i know plenty more of my generation who thinks the same way. Our problem is that we lack initiative to change things and we lack means too. Things are more complicated as you think, just saying people are dumb, boils down the whole matter to one thing, but in fact it isnt so.

  • @shakeempierre3477
    @shakeempierre34775 жыл бұрын

    Pyramid schemes be like : I’m broke but I wanna get rich so let me get rich off of you and therefore teach you to fool others

  • @Cristianandtupac

    @Cristianandtupac

    5 жыл бұрын

    Shakeem Pierre 😂🙌🏽

  • @affanorama

    @affanorama

    3 жыл бұрын

    Pretty much sums it up

  • @stevenclarke5606
    @stevenclarke56063 жыл бұрын

    In the late 70s 1977- 1979, I was approached by a cousin to get involved in Amway . I was asked to join and sell their products at my place of work. I asked to see the products , cheap cleaning products and quickly realised that they were way overpriced and no one in the real world would buy them. So I declined the offer stating that the product was cheap tat , and that it sounded like a con . The most important advice is, if it sounds too good to be true then it is.

  • @lilystoke6232
    @lilystoke62325 жыл бұрын

    Well researched and articulated piece- rare to find these days! So glad I took the time to watch this!

  • @AdamBedz
    @AdamBedz5 жыл бұрын

    I usually dont comment but this was very well written.

  • @Michael-jm5ix

    @Michael-jm5ix

    5 жыл бұрын

    It's well written but I feel like he rambles too much and doesn't get the point out correctly.

  • @MilA-eh3gf

    @MilA-eh3gf

    5 жыл бұрын

    I know right it really is. Just the opening alone was great.

  • @Hyperion5566

    @Hyperion5566

    5 жыл бұрын

    Michael nah I thought it conveyed his message better

  • @Ryan-wx8of

    @Ryan-wx8of

    5 жыл бұрын

    @@Michael-jm5ix Maybe the problem is that you've misunderstood what his point was.

  • @flagmichael

    @flagmichael

    5 жыл бұрын

    Well written but inadequately researched. MLM is not a pyramid scheme, it is a hyped version of ordinary distribution fused with internal advertisement. Pyramid schemes don't last long for the obvious reason - the design assures collapse as the infusion of crazy money runs out. Herbalife, for example, is going on 40 years old. Amway is 60 years old. In contrast, the genuine pyramid scheme that hurt a friend, Holiday Magic Cosmetics, collapsed in ten years amid rising scandal. This presentation was very well done and accurately portrayed the problem in Albania, except that the Albania problem had nothing to do with pyramid schemes and everything to do with good old scamming, and failed to identify what makes a business structure a pyramid (or the closely related Ponzi) scheme. By his description nearly every large corporation is a pyramid scheme.

  • @ericdaniel323
    @ericdaniel3235 жыл бұрын

    "There are many of you who will not want to hear the next part..." I found them in the comments.

  • @KingNefiiria

    @KingNefiiria

    5 жыл бұрын

    Haven't seen one yet. Mostly it's people agreeing with what the video said. But I guess 64 likes means it's legit, right?

  • @TylerBaraby

    @TylerBaraby

    5 жыл бұрын

    @@KingNefiiria Lol grade school was a rough time for you eh? Keep reading, you'll get better at it.

  • @flagmichael

    @flagmichael

    5 жыл бұрын

    I didn't want to hear that part because that is where he wandered into the wilderness after a very good presentation. Multilevel marketing is not automatically a pyramid scheme, but becomes one if joining costs the newcomer more than administrative costs to the company. It is a common mistake, but learning about genuine pyramid schemes makes the difference very clear. A friend lost nearly his whole year's pay to one - *very* different from today's MLM. Pyramid schemes are closely related to Ponzi schemes and the chain letters (of bygone years, or are they still around?). I don't know if it's from lack of understanding or bias, or both or neither; he had the poise to stay rational about it in this era of rabid political hatred. Good show!

  • @youknowwhatyoureabsolutely4307

    @youknowwhatyoureabsolutely4307

    5 жыл бұрын

    Terra Estrahl try 6k dislikes

  • @nope1906

    @nope1906

    5 жыл бұрын

    @@youknowwhatyoureabsolutely4307 You know what, you're absolutely right.

  • @timothysands5537
    @timothysands55373 жыл бұрын

    Excellent video, thank you for creating such high quality content. I could watch more if this

  • @BewareTheLilyOfTheValley
    @BewareTheLilyOfTheValley3 жыл бұрын

    "When the car hit the wall at nearly maxed out speeds in 1997..." Was that a Princess Dianna reference?

  • @Gnug215
    @Gnug2155 жыл бұрын

    It's weird... I first encountered pyramid schemes when I was around 12 maybe. A guy from school was trying to hawk it to a couple of us. Now, I've never been a particulary clever guy. I'm not that smart and certainly not quick-thinking, but (and I really don't mean to brag) I immediately sensed something wrong with the scheme he was trying to sell. It was almost a natural skepticism towards it. Even to my 12-year-old stupid, gullible self, it was obvious that the people at the bottom were being cheated. To this day, I don't get that people don't see through it.

  • @williejohnson3866

    @williejohnson3866

    5 жыл бұрын

    Gnug215 no different then the guys at the bottom in the military... low pay hard work terrible treatment no freedom just pawns

  • @draganoiugeorge6010

    @draganoiugeorge6010

    5 жыл бұрын

    yeah dude but you didnt get to diamond/platinum levels, people at that level have their own airplanes. you didnt wanna put in the work cuz ure lazy.

  • @jpe1

    @jpe1

    5 жыл бұрын

    Gnug215 people don’t see through the scam because they believe they won’t be one of the ones at the bottom. It’s exactly the same logic that allows working class people to vote for presidents and congressmen who will provide tax breaks for the rich at the expense of the working class, because they believe that they will get rich themselves on those tax breaks.

  • @Gnug215

    @Gnug215

    5 жыл бұрын

    +John Early Yeah, that's just sad. Kinda like Draganoiu's comment above (assuming that it's actually serious...) But like he says in the video, it only takes about 32 tiers to exceed the whole population of the world, so you should be able to see that at least SOMEONE at the bottom will get cheated. And if you're far enough along in the scheme, those people might be you, or the poor suckers (friends or family) that you lure in to be the tier just below you. Also at the same time, you should see that you're just providing money to the people at the top for no particularly good reason. But yeah, it must be severe short-sightedness.

  • @Gnug215

    @Gnug215

    5 жыл бұрын

    +Draganoiu George I'm gonna respond to you as if you're actually being serious with your comment. And what a comment it was. Immoral, greedy, idiotic and presumptuous at the same time. So, a few things: First, this was a classic scheme, so there was no advancing, just adding tiers downwards. Second, I was 12. Third, you're talking about these schemes as if they aren't the amoral, mostly illegal scam that they are. Did you watch the video at all? Fourth, the one about airplanes sounds exactly like the kind of emotional nonsense they try to reel you in with. Again, did you even watch the video? Fifth, I didn't want to put in the work? I'm just lazy? Here you are making direct assumptions about me as if you know me really well. How arrogant and stupid is that? Is that something you really need to do in order to rationalize own behavior? So, again, I was 12 at the time, and this scheme didn't involve lots of money, and certainly not any plane-levels of money. Today, I have a job where I work hard, and being in a scheme like that in order to reach high levels so that I probably wouldn't have to work again sounds a lot lazier to me than what I'm doing now. I didn't want to put in ANY work into the scheme, because I could immediately see that it was an immoral scam. I don't like to take part in something that obviously exploits weaker minds. Lastly, since you made presumptions about me, here's one back at you: it really, really sounds you're actually IN one of these cults/schemes. It also sounds like you're at the bottom, waiting to rise up in levels, clinging to the futile hope of making it big, repeating to yourself the lie you've been fed that "just with some hard work, you'll make it!"

  • @crienospmoht
    @crienospmoht5 жыл бұрын

    The con artists aren't always Herbalife, or other small time scheme either. Comcast will overcharge you for everything possible, ripping you off just as bad. The worst are the ones going after seniors, I don't know how you could sleep at night after stealing from the elderly. My grandmothers gets at least 5 telemarketers calling a day, she can't read the caller ID so we have to leave a message and she'll pick right up if she's home. Imagine, an 86 year old widow has to screen her calls due to scum calling all day, and night.

  • @scttmn

    @scttmn

    5 жыл бұрын

    I know this is amazon UK, but I'm sure you could find something similar if you've not tried it already - www.amazon.co.uk/CPR-Protect-Landline-Call-Blocker/dp/B00LL9H0FM allows to only ring incoming calls from an allow list of up to 100 numbers, we've got it for my grandad and it works perfectly

  • @TristanBanks

    @TristanBanks

    5 жыл бұрын

    Happens to my grandparents all the time in the UK too. They just want peace and now they are afraid to answer the phone.

  • @gigamut11b86

    @gigamut11b86

    5 жыл бұрын

    Hell, that happens to me all the damn time. I've stopped picking up the phone too. If you do not leave a message, I will not pick up or call you back (if I know you, that is). Had another robot voice saying that I had a warrant for my arrest.....lol...blocked that one. Your Windows computer is infected with a bad virus, call us.....lol...blocked that one too. But they keep rotating the numbers. So I just stopped picking up the phone. lol...oh well, life goes on :) I hope y'all have a great day & be safe.

  • @HermanTheHacker

    @HermanTheHacker

    5 жыл бұрын

    In Denmark and Norway you can just put your name on a national list and you will never be called by telemarketing again.

  • @Woffenhorst

    @Woffenhorst

    5 жыл бұрын

    @@HermanTheHacker *By legal telemarketers.

  • @mrscarneck
    @mrscarneck4 жыл бұрын

    Amazingly well put. You nailed it. I will share this video with everyone I know.

  • @Pique147
    @Pique1475 жыл бұрын

    Wait, what? The US President passed a bill that removed the requirement for retirement fund managers to act in their clients best interests? WTF? (edit: I'm not American)

  • @zacharyhenderson2902

    @zacharyhenderson2902

    5 жыл бұрын

    The US President can't pass bills. And yes, but there were reasons for that

  • @ixian_technocrat

    @ixian_technocrat

    5 жыл бұрын

    It's called "Making America Great Again" you libtard! If it's not obvious then it's because Daddy Trump is playing 56d chess.

  • @gizmoguyar

    @gizmoguyar

    5 жыл бұрын

    Yep. They no longer have fiduciary responsibility. They can literally recommend to you whatever they want.

  • @oneofmanyjames-es1643

    @oneofmanyjames-es1643

    5 жыл бұрын

    The US President does pass bills, all bills must pass his desk and he has the right of veto over all of them. That's extremely basic politics, it astounds me that you don't know it.

  • @aliciacarr9014

    @aliciacarr9014

    5 жыл бұрын

    No, it's called deliberately increasing the gap between the richest and everyone else. Trump doesn't give the slightest damn about the USA except in as much as it can benefit him personally. And Trump couldn't play regular chess against a child if the child started with only a black king and he had a full white side.

  • @samshrimpton407
    @samshrimpton4075 жыл бұрын

    I’m so glad Rare Earth exists. Powerful stuff!

  • @amberservold2187

    @amberservold2187

    5 жыл бұрын

    I agree Rare Earth is very powerful stuff....finally something great has emerged on KZread

  • @davidhollenshead4892

    @davidhollenshead4892

    5 жыл бұрын

    I wonder if he will cover Canada's institutional abuse of First Nations People. But then my mother was adopted from a Catholic Boarding School student.

  • @sankarchaya
    @sankarchaya4 жыл бұрын

    Hoxha: "You should have invested in a bunker scheme instead" Considering the owners of pyramid schemes are building bunkers in NZ, perhaps the old stalinist was on to something

  • @caalcb7
    @caalcb74 жыл бұрын

    This video should be played at any school or even university.

  • @Wladislav
    @Wladislav5 жыл бұрын

    Excellent as usual. One remark: You started out mentioning the Classic, Ponzi, and MLM pyramid schemes, but then spent very little time addressing the differences between them. I don't think the Classic version was elaborated on at all, even.

  • @michaelbuckers

    @michaelbuckers

    5 жыл бұрын

    Classic: no frills scam. When you enter the company (scam) you must pay up the ladder an entrance fee, but then you can recruit other people and charge them entrance fee for yourself, sans the entrance fee tax which you also pay up the ladder. Con man starts the scam and then the money just flows in, significant amount of shilling will be necessary but otherwise it's very simple. The higher you are in the ladder, the more cash you rake in. People at the bottom of the pyramid get absolutely nothing, and they're also the overwhelming majority of the members. This is a clear cut scam: people have their money taken for nothing in return. Ponzi: investment-disguised scam. When you enter the company (scam) you must make an investment in some sort of project (such as construction), and you will get % interest in return, like in legitimate investment. You will be told to recruit other people for additional financing and this will increase your return on investment. In this variant, all the money goes directly to the scammer and he would ration interest payments. Because the project is funded and money is paid at discretion of the scammer, most people will lose most or all of their money and most projects will never come to fruition. Legitimate businesses offer low return on investment and no networking bonuses, because their object is to keep as much money as possible for themselves, and because no funding is needed beyond the core goal figure as extra funding means paying extra interest at no profit gain. This is a scam because, even though businesses are inherently risky and all money could be lost at any time for any reason, it is specifically designed like this, making it fraudulent. MLM: marketing-disguised scam. You are not charged money to join, rather you are offered of batch of goods at a "discount" which you could resell for profit, and buying them constitutes joining the company (scam). You are told to recruit more "employees" to get additional "discount", and offered to buy more "discounted" goods for resale in the future. The goods are virtually useless and have no market value to speak of, and are nearly impossible to legitimately resell, only to sell off as an starting batch to whoever you can recruit. The ultimate fate of the goods is in trash compactor (when the victim abandons all hope and ditches the hoard), and so nearly 100% of all money ends up with the scammer. If selling the goods was profitable, the company would be selling them in stores like any other legitimate goods. This is a scam because of intentional manufacturing and sale of goods with no purpose or value under fraudulent internal advertisement of being valuable for resale. Technically, goods are actually produced and sold, and no one is left with their money taken for nothing in return, and all monetary loss can be entirely attributed to failure to conduct business (to find a buyer for your goods and to recognize unprofitable venues to start with), so it gives some countries an excuse not to count it as a scam. Side note: bitcoins of all sorts are just a hair width short of falling squarely in MLM scam category.

  • @travelingrandom3106

    @travelingrandom3106

    5 жыл бұрын

    thanks

  • @unvergebeneid

    @unvergebeneid

    5 жыл бұрын

    "bitcoins of all sorts are just a hair width short of falling squarely in MLM scam category." But so is fiat money, sooo.... yeah.

  • @michaelbuckers

    @michaelbuckers

    5 жыл бұрын

    Penny Lane Except that banks aren't trying to fool people into buying monopoly money by promising that they will be valuable for resale. Read the MLM and Ponzi descriptions again, but this time also think about what differentiates a scam from legitimate activity that naturally ends up with someone losing money (it's the fraudulent design that ensures this loss).

  • @unvergebeneid

    @unvergebeneid

    5 жыл бұрын

    There is nothing fraudulent about Bitcoin though. Could it lose all its value over night when people stop believing it's worth something? Yes, absolutely. Could the same happen to a fiat currency? Yes, and it has happened time and time again.

  • @wyattdenious3627
    @wyattdenious36275 жыл бұрын

    Words can't describe how much the world needs these videos

  • @crazystuffproduction

    @crazystuffproduction

    5 жыл бұрын

    needs to be seen by everyone

  • @eddenoy321

    @eddenoy321

    5 жыл бұрын

    Wyatt It won't do any good. People are motivated by fear and greed. KZread is also chock full of people selling useless advice and products. What to stay home and make good money ? Start your own YT channel ! We have monthly workshops and online tutorials all for a modest fee, along with the best equipment that will allow you to easily make a comfortable living from anywhere in your house !

  • @vivigesso3756

    @vivigesso3756

    5 жыл бұрын

    The biggest danger is liberalism.

  • @abhigyanrastogi1662

    @abhigyanrastogi1662

    5 жыл бұрын

    but words can

  • @smartalek180

    @smartalek180

    5 жыл бұрын

    pp rr "The biggest danger is liberalism." Really? Then riddle me this, batboy: why are the poorest states almost all red? Why are the richest ones almost all blue? Why does the economy ALWAYS do better under Dem Presidents than Publicans? Why was the long postwar boom (when "America was Great") the time the Dem's held nearly hegemonic control of the federal gov't (w/ high & progressive taxes, lots of regulation, strong unions), but since the advent of Reaganomics (regressive taxes, union killing, massive deregulation), the only people doing any better at all are the top 20%, and the only ones doing significantly better are the top 5%?

  • @innoillust
    @innoillust4 жыл бұрын

    Have to say, these shots is amazing. It's just so satisfying to watch and heard you talking

  • @Stepanka1111
    @Stepanka11112 жыл бұрын

    Incredibly written, I've got chills at how succinctly he tells you the insidious nature of these schemes. I'll be coming back to this regularly.

  • @milanmaletic3997
    @milanmaletic39975 жыл бұрын

    Albania is far from being the only one. Same thing, although not really as bad, happened to Serbia/Yugoslavia when it accepted capitalism. I'm sure many formerly communist countries, if not all, were victims of pyramid scheme frenzies during their rapid transition into capitalism.

  • @erejnion

    @erejnion

    5 жыл бұрын

    All. But not to this extend. Bulgaria for example was already on the verge of a debt collapse when communism ended, so the financial crash between 1994 and 1997 also meant that pyramid schemes just couldn't be profitable in the face of 1000% inflation.

  • @hmkhgx8068

    @hmkhgx8068

    5 жыл бұрын

    In Croatia I didn't hear about pyramid schemes but everything was bought up by those who had power. The same people rule us as did Yugoslavia. we never really changed anything we are no more independent then when we were a Nazi puppet.

  • @milanmaletic3997

    @milanmaletic3997

    5 жыл бұрын

    Yugoslavia too was in terrible state after the civil war that left her in pieces, and inflation was extreme. Still, there was enough money left that conman could profit from desperate people.

  • @milanmaletic3997

    @milanmaletic3997

    5 жыл бұрын

    @jure francetic the war was all for nothing. Even worse, neither Serbia nor Croatia profited from it. We were all at a huge loss in favor of the western corporations, who simply took the opportunity to take everything almost for free.

  • @thelittletyrant5539

    @thelittletyrant5539

    5 жыл бұрын

    But Albania had a riot that other countries hadn't. From describes I heard from my father it was chaos (an ANARCHY paradise) he told me that my relatives had guns to protect themselves, including my grandma that had an AK-47 in her house!

  • @toughlifevirgina
    @toughlifevirgina5 жыл бұрын

    I am hooked on the Albania series. Albanians get a very bad rap in Europe and it's not the first place we tend to think of visiting but you've made it a fascinating place to discover and your narrative and production is top-notch! Love your work. Don't ever stop!

  • @commanderboreal1343

    @commanderboreal1343

    5 жыл бұрын

    It looks like a poor and desolate place on one hand and on the other like a beautiful place!

  • @xhonkeri4066

    @xhonkeri4066

    5 жыл бұрын

    Go to Serbia, you'll be forced to report to the police where ever you go as a tourist or they'll arrest you.

  • @koninkrijkdernederlanden8711

    @koninkrijkdernederlanden8711

    5 жыл бұрын

    @@rutgerb They're only in name Muslim. In fact, they might be - together with the Czechs and the Dutch - the most atheistic people of Europe. However, they indeed are extremely corrupt and criminal, but that could be said of any Balkan country.

  • @warezzeraw4503

    @warezzeraw4503

    5 жыл бұрын

    John Carey serbia and Tourists lmao

  • @12nelly1

    @12nelly1

    5 жыл бұрын

    @@koninkrijkdernederlanden8711 are you saying the system and the politicians are corrupt and a bunch of criminals? Yes, true. Are you saying that all albanians are corrupted and criminals? Well hell no. And as a tourist i cant really understand how corrupted politicians will affect your trip of a week or so. But sure.

  • @DrGonzo-jl9wq
    @DrGonzo-jl9wq4 жыл бұрын

    Great quality as always! Thanks!!

  • @weebenslaver
    @weebenslaver Жыл бұрын

    So you're telling me the Bass Pro Pyramid ISN'T the largest pyramid in America? 😢

  • @Taurineg
    @Taurineg5 жыл бұрын

    ‘You see, this isn’t a pyramid scheme, your job is a pyramid scheme. Think about how there’s only a few upper management and a lot of middle/ lower level employees!! If anything a normal job is a pyramid, we’re more of a Diamond-shape scheme’ -Guy in starbucks in a suit and a note pad.

  • @LubaB

    @LubaB

    5 жыл бұрын

    I have my own grievances when it comes to regular jobs but at the end of the day, you still get a few bucks out of it. Heck, even a gig that you break even on is better than an mlm. I saw one man in Panera pushing financial advice. It's scary that people are willing to listen to that from a company that probably doesn't even have an algebra test for its "employees" much less a Finance 101 training.

  • @kanatran64

    @kanatran64

    4 жыл бұрын

    U dont quite understand the term pyramid scheme if u compare a normal job vs a pyramid scheme

  • @BewareTheLilyOfTheValley

    @BewareTheLilyOfTheValley

    3 жыл бұрын

    @@kanatran64 Right, a job isn't reliant upon constantly recruiting people. Once the job roles are filled, the workplace is good to go with selling the product or services. A pyramid scheme makes more money from recruitment of other people or those people investing back into that company than by selling an actual product or service. However, I've always wondered something with jobs. I wonder how it would work out if people were paid more to work less hours and more people were hired. By "paid more", I mean that at the end of the week, you'd still have earned the same amount as you would for having worked 8 hours a day, but instead you work 4 hours and there are more employees so each person works about 4 hours. Then with more hours of the day available, you can make the choice to pick up another 4 hour job but the option is there to work just the 4 hours so that you're not stuck at work for so long. And you could make more money so you're not in poverty. Or focus more on school. This would be my reason. I've started and stopped college multiple times because I find going to school for half a day, then going to work for 8 hours is exhausting and it's getting worse the older I get with my ability for concentration slipping. I keep quitting school to focus on work. But knocking out a 4 hour job that compensated like an 8 hour one would be amazing and though it's just 4 hours (actually 4.5 to 5 hours less than a work day if we count for lunch). I dunno, just something I've been rolling around in my noggin', I've not sorted out all the details nor do I have an entrepreneurial bone in me to really make it happen, lol.

  • @jonnyc429

    @jonnyc429

    3 жыл бұрын

    @@BewareTheLilyOfTheValley paid the same to work less hours and hire more people. So one person, earning say £55 for an 8 hour shift, would earn that working a 4 hour shift. Then you have to pay someone another £55 to cover the other 4 hours. Basically all businesses would have to double their salary expenses for no benefit to them whatsoever.

  • @BewareTheLilyOfTheValley

    @BewareTheLilyOfTheValley

    3 жыл бұрын

    @@jonnyc429 I figured there was something I was missing, I probably wrote my comment back then as I am now, at like 5AM, lol! Yeah, that would get pricey.

  • @n2fabian726
    @n2fabian7265 жыл бұрын

    Here in Germany I had an online marketing and get rich quick ad on this video 😂

  • @willtipton100

    @willtipton100

    5 жыл бұрын

    In the states lots of people think that kinda shit doesn't happen in Germany. I guess it just goes to shoe that there's crooks everywhere, and even though Germany has more protections against them, the crooks will find a way through.

  • @TheRSAngle

    @TheRSAngle

    5 жыл бұрын

    I got a get rich quick, make $1000 a day only using your phone ad for this video

  • @alexsteb
    @alexsteb Жыл бұрын

    When someone mentioned this to me, I though "what? who tried to pyramid-scheme-like sell rare earths to Albania?"

  • @MonkeyCommando
    @MonkeyCommando4 жыл бұрын

    I liked this video, not only because I found it to be well-thought, but because of that ending card encouraging folks to actually read deeper into topics. I find that to be intellectually honest, and I thank you for it.

  • @bidulezz1825
    @bidulezz18255 жыл бұрын

    I never comment on youtube usually .But i have to say, this channel is really well made, and the writting is by far the best i've seen on this plateform. You really are a good speaker

  • @Drywithhumor
    @Drywithhumor4 жыл бұрын

    Loved the info thanks for posting

  • @CeliaGary
    @CeliaGary3 жыл бұрын

    what a fantastic and well thought out video! Learned so much and appreciate your presentation!

  • @nickstor3420
    @nickstor34205 жыл бұрын

    So many familiar pyramid brands, even though I am half a globe away from US. Sad really.

  • @nobody.123
    @nobody.1235 жыл бұрын

    *_I fell victim to an OCTAGON scheme..._* Psshh... you thought a pyramid is bad? I got screwed 2 and half times worse!

  • @dannylandrum7899

    @dannylandrum7899

    5 жыл бұрын

    Well a pyramid (being 3-D) has 5 points. An octogon (being 2D) has 8 points. So you got screwed 37.5% worse.

  • @alanbu5837

    @alanbu5837

    5 жыл бұрын

    @@dannylandrum7899 Actually a pyramid has 8 edges and so does an octagon, so he got screwed the same.

  • @nobody.123

    @nobody.123

    5 жыл бұрын

    Danny Landrum - Technically no, because a pyramid scheme doesn't work in a 3 dimensional fashion, it's designed top to bottom like a triangle, but then again, an octogon scheme makes no sense at all in the first place, cause its a joke

  • @dependsonwhosasking

    @dependsonwhosasking

    5 жыл бұрын

    Apple Juice Simpson An octagon is a plane figure, a pyramid is a three-dimensional solid.

  • @ketocutie2981

    @ketocutie2981

    5 жыл бұрын

    Love this conversation.

  • @williamduke1756
    @williamduke17563 жыл бұрын

    There is not a single controversial line in this video yet 9,000 ultra-snowflakes were triggered like wtf.

  • @Hillers62
    @Hillers623 жыл бұрын

    Make MLMs illegal!!!!!!! That is the only solution!!!!

  • @lewismassie
    @lewismassie5 жыл бұрын

    This series makes me worried. Worried about the society of today. Empires and ways of life have ebbed and flowed over all of known history. To assume it cannot happen again is foolish. I would suggest looking at The Great Bronze-Age Collapse, where several highly advanced civilisations fell due largely to their own actions

  • @davekooper

    @davekooper

    5 жыл бұрын

    Same thing happened with the Roman Empire too. It created its own instability.

  • @F22onblockland

    @F22onblockland

    5 жыл бұрын

    I am perpetually worried because we only learned a little from history, nowhere close enough to recognize the impending cliff that we're about to go off. There is generally never 1 issue that brings empires down, it's a combination of multiple that generally do it. Problems that an empire could deal with individually all happen at once and destroy the empire at its core, the worst problems are almost always caused by the empires/states themselves and can lead to a cascade of issues that overwhelm the state and lead to its death. These issues are not impossible to solve, yet empires fail to solve them. In the modern day there are several issues that, combined, could bring down the foremost superpower on the planet, and we are doing very little to stop the issues before they balloon into something that cannot be managed. Climate change, corruption of government institutions, hyper greed, perpetual war, mass ignorance/apathy, etc. the list goes on.

  • @BothHands1

    @BothHands1

    5 жыл бұрын

    SSH-40 As well as the recent spread of extreme nationalism across Europe and the USA. Thinks are getting worrisome for sure.

  • @hmkhgx8068

    @hmkhgx8068

    5 жыл бұрын

    @@BothHands1 that is not a problem, the problem is mass immigration, end of the draft and dearming of citizens. All of these simptoms occured before the fall of the Roman empire.

  • @BothHands1

    @BothHands1

    5 жыл бұрын

    jure francetic The fall of the Roman Empire could much more easily be explained by mass lead poisoning and inbred megalomaniacal leaders who favored their own interests over their country. That last one sound like anyone to you? We've got Nero number two in office right now.

  • @davekooper
    @davekooper5 жыл бұрын

    This is still happening, just masked in different ways, under property booms. It always starts and ends the same, but no one ever sees it coming, those who do get ignored, those with to much money loss it all and those who wanted to grab their little bit of heaven loss everything. Greed blinds.

  • @mastervaderm16

    @mastervaderm16

    5 жыл бұрын

    The property boom was giant in China and all that is left are abandoned skyscrapers

  • @gorkyd7912

    @gorkyd7912

    5 жыл бұрын

    Property boom is one thing I'm not buying into. Literally everyone who lives in a house is over 60 years old, has a 30-year mortgage, or makes over $100K per year. Obviously something's wrong, but everyone else is like "buy property, great investment"

  • @thesinfultictac5704

    @thesinfultictac5704

    5 жыл бұрын

    The Endless development cycle that follows the property booms in the us leaves thousands of empty fresh new homes and thousands homeless.

  • @sangmoon2464
    @sangmoon24644 жыл бұрын

    The problem isn't the pyramid schemes. The problem is the increasing debt fueling this and many other economic problems.

  • @EpicSelenium34
    @EpicSelenium342 жыл бұрын

    Very fascinating content - I look forward to diving into this channel once I have more time!

  • @barateza16
    @barateza165 жыл бұрын

    - "The Pyramid Scheme that Collapsed a Nation" - starts with a literal pyramid I love this channel

  • @jwenting

    @jwenting

    5 жыл бұрын

    The pyramid scheme that ruined Albania was the communist government... Everything else resulted from that.

  • @kirkjohnson9353

    @kirkjohnson9353

    5 жыл бұрын

    I'm thinking that non-communist governments are equally susceptable to pyramid schemes.

  • @maarten9272

    @maarten9272

    5 жыл бұрын

    @@kirkjohnson9353 Communist nation always fail. Capitalist nations can, in theory, survive forever.

  • @pauljones3017

    @pauljones3017

    5 жыл бұрын

    It's a cone.

  • @Ch4pp13

    @Ch4pp13

    5 жыл бұрын

    @@maarten9272 while yes, a capitalist nation can survive forever in theory, you also gotta look at living conditions and the way that the wealth is distributed, as well as keeping a close look on companies offering snake oil to people if they can just sell it to 3 people they know. it's no good having a capitalist society when people are living in shacks with no way of earning money consistently while some shitty pyramid scheme is offering lies in exchange for shitty soup nobody, and no body, wants.

  • @HuhJuhWuh
    @HuhJuhWuh5 жыл бұрын

    that poor old rusted Steyr M1912 tho 😢

  • @ryangreenwald3755
    @ryangreenwald37554 жыл бұрын

    This was awesome! Thanks for this info!

  • @xyzzz1000
    @xyzzz10004 жыл бұрын

    Excellent presentation, well paced, clear and logical. Thank you.

  • @jonw12
    @jonw125 жыл бұрын

    This is an excellent video. Everything is very well laid out and well spoken.