Why Is Southern Spain So Poor?

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#Spain #Economy #Poverty

Пікірлер: 403

  • @sergiobertoni4074
    @sergiobertoni40742 ай бұрын

    I've been many times to south Spain and it looks everything but poor. I'm italian and I 'm so jealous of their great infrastructures, their nice, clean and well kept cities and villages. I wish we could look at least near to them!

  • @EV-FUN
    @EV-FUN2 ай бұрын

    South Spain is not that poor as statistics tells us. There is a lot of "uncounted" money in circulation!

  • @karnifexkarnifex8566

    @karnifexkarnifex8566

    2 ай бұрын

    so the mafia is more active in the south?

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    Very very exagerated title for clickbait

  • @chippysteve4524

    @chippysteve4524

    2 ай бұрын

    Economists rely on statistics and most of them talk out of their @rse most of the time!

  • @MrBlaxjax

    @MrBlaxjax

    2 ай бұрын

    I agree. Wages are lower and jobs hard to come by but people seem to get by nicely. Andalucía doesn’t seem poor. It doesn’t seem specially rich either. Much of it is remote with poor physical connections. But a lot of Spain is like that and that’s down to topography. The main issue with Spain generally and also France and Portugal is that young people don’t want to live in remote regions such as the Sierra Nevada. They want to be in Palma or Malaga or Barcelona. It’s understandable but it’s a shame.

  • @Robert-hy3vv

    @Robert-hy3vv

    2 ай бұрын

    @@Benito-lr8mz Looking at spains GDP it's not clickbait. They're poor asf for where they should be.

  • @jblondon1327
    @jblondon13272 ай бұрын

    And finally, I've only been once to southern Spain and I can guarantee you that it looks richer and with better infrastructure than the North of England

  • @pauljere7013
    @pauljere70132 ай бұрын

    VisualEconomik be like Today: Why are you so poor Following day: why are you so rich

  • @juniormichael354

    @juniormichael354

    2 ай бұрын

    😂😂😂😂😂very true

  • @juniormichael354

    @juniormichael354

    2 ай бұрын

    😂😂😂😂😂very true

  • @chuckghaly

    @chuckghaly

    2 ай бұрын

    Clickbait sells clicks

  • @Baddy187
    @Baddy1872 ай бұрын

    All I know is, Andalusia has the rest beat on nice cities. Granada, Sevilla, Cordoba, Nerja, Ronda etc.

  • @baha3alshamari152

    @baha3alshamari152

    2 ай бұрын

    It's because of the Islamic rule that lasted there longer and gave unique architecture and monuments like Al Hambra However the heart of the Spanish empire was in the center and north for centuries so they focused on building the economy of those regions while they ignored the south Had they used more resources from the Americas on the south it could've flourished better than today Franco dictatorship didn't help either

  • @4umata

    @4umata

    2 ай бұрын

    And yet property is soo cheap in Cordoba compared to big cities in the north, or even Valencia

  • @laughinggiraffe9176

    @laughinggiraffe9176

    2 ай бұрын

    The heart of Muslim Spain was in the south, though. Why couldn’t they stay ahead with this head start?

  • @baha3alshamari152

    @baha3alshamari152

    2 ай бұрын

    @@laughinggiraffe9176 Who are you talking about ?

  • @glennshoemake4200

    @glennshoemake4200

    2 ай бұрын

    Mijas with their donkey taxis is also something unique to visit.

  • @trinchuzosparty
    @trinchuzosparty2 ай бұрын

    Southern Spain is rich AF, but they don't declare that money. Nowhere on Earth I've seen so many people living a nice life without working a for a single minute any day lol

  • @zoransavio5110
    @zoransavio51102 ай бұрын

    Spain is pure Magic. Nothing like that in Europe. Otherwise nothing of Europe in exotic places around world. So....pure Magic.

  • @leosharman8630

    @leosharman8630

    Ай бұрын

    Portugal is better. Central Italy is better. Southern Poland is better.

  • @IkerAndoni89

    @IkerAndoni89

    28 күн бұрын

    ​@@leosharman8630Portugal sucks

  • @javierlav
    @javierlav2 ай бұрын

    There is one very important aspect that must be mentioned: logistics Spain is a very mountainous country and It is divided from France and the rest of Europe by the Pyrenees mountains with only 2 Highway connections through the mountains : one in Catalonia and one in the Basque Country. Therefore til the 90s transport of goods from the South of Spain to the European markets was very difficult . Today the ports of Valencia , Algeciras, Cartagena, Malaga even Huelva are all operating container ships and the Port of Valencia is more important than Bilbao or Barcelona. Huge fleets of frigo trucks have been created in Andalucia, Murcia, Valencia are running around all of Europe. Sadly, there are no real rail and road connections between Aragon (region located behind the Pyrenees in between Catalonia and the Basque región) and France which would change the regional political and economical balances in Spain completely.

  • @eitkoml

    @eitkoml

    2 ай бұрын

    It sounds like the Pyrenees could use a tunnel. Maybe two or three of them.

  • @ekesandras1481

    @ekesandras1481

    2 ай бұрын

    @@eitkoml true, something like a Toulouse-Saragossa line in the Alps almost at all major routes base tunnels are built right now, from France to Turin in Italy, the Gotthard in Switzerland, the Brenner Base tunnel connecting Bavaria, Austria and Northern Italy and yet another one in the East, the Semmering Base tunnel, that will connect Czechia, Slovakia and Eastern Austria with a faster route to Trieste.

  • @julienb.9526
    @julienb.95262 ай бұрын

    Southern Spain might have been relatively rich under Muslim rule but that was no longer the case after the reconquista. That's actually one of the reason why so many conquistadors and colonists came from Andalusia and Extremadura. They were so poor that it was better for them to seek new fortune or a new life in the Americas.

  • @redstream1237

    @redstream1237

    2 ай бұрын

    Same with Southern Italy! Many South Italians migrated to the Americas

  • @mikatu

    @mikatu

    2 ай бұрын

    Funny that the video shows otherwise. Only in late century XIX and XX Andaluzia became one of the poorest regions, until then it was one of the wealthiest.

  • @Mark-gd2ti

    @Mark-gd2ti

    2 ай бұрын

    ​​@@redstream1237Muslims left Italy almost 800 years before unification. 😂

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    This video is ridicule Iam Spanish your argumenta is a nonsense ; says this un 2024 in a country with equal System redistribution of money interregional in constitution and the great developed in last décades in South Spain the video is rancid and obsolete

  • @m.s.9744

    @m.s.9744

    2 ай бұрын

    ​@@Benito-lr8mzdo you live in the Southern Spain or Northern Spain?

  • @duartesilva7907
    @duartesilva79072 ай бұрын

    Southern Portugal faces a similar problem, the only difference is that Portugal as a whole is a more peripherical country, more centralised, making wealth regional inequality more nuanced than in Spain.

  • @klauzeb5096
    @klauzeb50962 ай бұрын

    I love Southern Spain, Every year I go with the car to Morocco from The Netherlands and Southern Spain is by far the most beautifull area in Western Europe, The food is nice the people are friendly and the nature is beautifull. Cost of living is cheap and the architecture very similar to Morocco. I feel at home

  • @marcosrodriguez6228
    @marcosrodriguez62282 ай бұрын

    This is utter nonsense.While Southern Spain is not as wealthty as the north it certainly isn't as poor as the way you are painting it and certainly is no where near being the poorest in the EU. I live in Extremadura and live very very well. The standard of living is high. Better than many other EU countries.

  • @Xamufam
    @Xamufam2 ай бұрын

    less settlements means less trade which means poverty & nothern spain was closer to europes core. trade balance between middle east and europe changed when new trade routes were discovered

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    In 2024 with great comunications in South Spain aparte the title of video is very exagerated i have seen many times North and South of Spain Iam Spanish

  • @danghoangluong2942

    @danghoangluong2942

    2 ай бұрын

    finally, an intelligent answer

  • @paul1979uk2000

    @paul1979uk2000

    2 ай бұрын

    True, and it's not just Spain, look at the UK, the south part of it is richer and likely because it's closer to richer regions in Europe, or Italy, the north is richer and again, it's closer to richer regions in Europe. So it does seem like the richer regions are to a given country, the more likely it's going to have a knock on effect, something we are very likely going to see with the eastern EU countries, as they become richer, it will have a knock on effect to other countries further east as well as existing countries to the west in the EU, we also see the same in Germany where the west is richer then the east, but that's for other reasons being divided during the Cold War, it's also likely as the eastern EU countries continue to develop, it will have a knock on effect on Eastern Germany which should boost economic growth. Maybe a rebalancing of wealth is needed when it comes to countries like the UK and Spain because clearly, there's a big advantage to the south of the UK and the north of Italy, which makes it much harder for the other side to compete because of geographic. As for Spain, I never got a sense of the south of Spain being poor, in fact, this is the first I've heard of it and thought all of Spain is quite well off.

  • @effexon

    @effexon

    2 ай бұрын

    lot of stuff seems to flow near gibraltar area though... not all accounted in official taxes though :D

  • @joshbrown2217

    @joshbrown2217

    2 ай бұрын

    @@paul1979uk2000 UK is a bit of a different issue. The issue in the UK is that all the power and industry has been essentially centralised to London. This is why even places in the south are poor, as they do not have good connections to London. This is being slight resolved with Manchester getting lots of investment, but it will fail if the gov does not create good infrastructure for the regions around Manchester. For Spain, it's a bit more difficult. The poverty of the south stems from the natural growth of industries in the area's that Franco had prioritised. As the southern regions actively were underdeveloped during that period and the natural divide that grew from that, it's now not as simple as rebalancing the wealth. Industries need to be built out of the existing services the south can offer and once these have been developed, you can look at rebalancing the wealth. There is also the issue of climate change, which means extreme weather can affect the growth of these industries.

  • @DanielHerrera-rl1vw
    @DanielHerrera-rl1vw2 ай бұрын

    Southern Spain is not one of the poorest places in Europe

  • @IkerAndoni89

    @IkerAndoni89

    28 күн бұрын

    It is.

  • @themechanictangerine4337

    @themechanictangerine4337

    13 күн бұрын

    ​@@IkerAndoni89No, it is not and the Basque country is very poor compared to many European countries like Sweden or Austria😂

  • @IkerAndoni89

    @IkerAndoni89

    13 күн бұрын

    @@themechanictangerine4337 The Basque Country is richer than some Dutch, Swedish and Austrian regions. Southern Spain is even surpassed by Slovenian and Polish regions. Be knowledgeable instead of being so lame.

  • @themechanictangerine4337

    @themechanictangerine4337

    13 күн бұрын

    @@IkerAndoni89 No it is not, no parts of the Netherlands or Austria are poorer than the Basque country and their GDP per capita as a whole is much higher than the Basque Country. You even see some Basques emigrating to the Netherlands and other rich European countries, you see no Dutch or Austrians emigrating to the Basque country, not even Southern Spaniards emigrate there in large numbers like before

  • @antoniofox7015

    @antoniofox7015

    5 күн бұрын

    @@IkerAndoni89 Thanks to the taxes of the rest of the Spaniards

  • @chmvl3503
    @chmvl35032 ай бұрын

    Spain has the best life expentacy of Europe. Industrialization doesn't mean better quality of life.

  • @stephenmoerlein8470
    @stephenmoerlein84702 ай бұрын

    Amazing that Spain, heartland of the great Spanish Empire, was so fragmented and disconnected even during its zenith.

  • @ionelcalinmicle6176
    @ionelcalinmicle61762 ай бұрын

    Also the coal and iron mines necessary for the start of the industrial revolution are located in the North.

  • @ekesandras1481

    @ekesandras1481

    2 ай бұрын

    Yet one of the largest mining Trusts on earth is called Rio Tinto, after a river in Andalusia, where copper and other ores were mined.

  • @ViceCoin
    @ViceCoin2 ай бұрын

    The Mississippi Delta is the poorest region of the US.

  • @zico739

    @zico739

    2 ай бұрын

    In the modern era.

  • @ViceCoin

    @ViceCoin

    2 ай бұрын

    @@zico739 Since the south lost their slaves.

  • @kendellfriend5558

    @kendellfriend5558

    2 ай бұрын

    It used to be the richest and the region was home to one of the largest public companies in history. It may be the poorest region in the US now but it alone powered the US honestly until the US decided to institute the US dollar and had a civil war. The US economy was powered by slavery but not anymore so the Mississippi is poor and the descendants are bitter.

  • @giacobbeperales5926

    @giacobbeperales5926

    2 ай бұрын

    Their slaves?

  • @ViceCoin

    @ViceCoin

    2 ай бұрын

    @@giacobbeperales5926 Freed after confederacy lost civil war.

  • @Eurobazz
    @Eurobazz2 ай бұрын

    The climate is another contributing factor. The heat of the south would have had an affect on workers in the pre-air conditioned era compared to the cooler north west climate.

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    Iam Spanish the South no is hell all year lol in Granada for exemple more times in year has a tempeartures down 0 degrees celsius

  • @kendellfriend5558

    @kendellfriend5558

    2 ай бұрын

    @@Benito-lr8mzpero eres de España. Estamos hablando de los musulmanes y árabes q pertenecían allá antes. Estaban más adecuados a los rayos del sol semejantes a como los suecos florecen sin mucho sol.

  • @imb5128

    @imb5128

    2 ай бұрын

    @@kendellfriend5558Los musulmanes nunca pertenecieron allá. Los musulmanes llegaron e invadieron.

  • @juancarlosalonso5664
    @juancarlosalonso56642 ай бұрын

    If andalucia and Spain is what poor looks like then I don’t want to be rich, I’ve seen how it is to live in major US cities and I don’t think that’s higher standard of living tbh.

  • @kamilaleksander
    @kamilaleksander2 ай бұрын

    6:23 there seem to be an error in the description of the infographic

  • @danielm.m.3900
    @danielm.m.3900Ай бұрын

    South of Spain actually is pretty amazing, with amazing airports, high speed trains, highways, clean, beautiful vibrant historic cities, Michelin star restaurants, ski resorts... It's not as wealthy as Basque Country or Madrid but I wouldn't call it "Poor"

  • @helenamcginty4920
    @helenamcginty49202 ай бұрын

    I read it was initially absentee landlords. The north of England housed the mills and the coal mines and those who worked in them. As soon as they could the owners moved south. Closer to London and where the weather was better. The land richer. It still suffers.

  • @effexon

    @effexon

    2 ай бұрын

    so north of england welcomes climate warming. stick it to the southerners :D

  • @resevoirdog
    @resevoirdog2 ай бұрын

    ''In such a bad way" the most Brittish thing I've ever heard hahahha

  • @Hession0Drasha
    @Hession0Drasha2 ай бұрын

    Lack of water, reduces the amount of industry that is possible.

  • @welshtoro3256

    @welshtoro3256

    2 ай бұрын

    There was no lack of water in the south until recently.

  • @simetric6551

    @simetric6551

    2 ай бұрын

    Tell that to Israel and 500 year ago there was no water either

  • @Hession0Drasha

    @Hession0Drasha

    2 ай бұрын

    @@simetric6551 research and development can happen in dry places. But you need skills and capital, something that is more likely in places, that had water during the industrial revolution.

  • @simetric6551

    @simetric6551

    2 ай бұрын

    @Hession0Drasha yes that's true but you don't need to be an industrial power to be rich. You mentioned the industrial revolution and you think that's the only way to become rich, thinking about USA, Japan and Northern Europe but Australia is dryer than Spain and it doesn't have any significant industry, Australia is and has been a rich country since it was founded

  • @2kool4myskool
    @2kool4myskool2 ай бұрын

    People all over Spain live well and all regions have some of the highest life expectancies in the world, the south of Spain is not poor, plenty of golf courses and country clubs’ living the good life.

  • @penintended9214
    @penintended92142 ай бұрын

    There seems to be much variation in that scatter plot. Perhaps would be good to add an R^2 value and the assoiated P value as well as the slope. As presented I don't find the data convincing.

  • @querlimfranco8466
    @querlimfranco84662 ай бұрын

    That happens everywhere in Europe not just Spain!

  • @danghoangluong2942

    @danghoangluong2942

    2 ай бұрын

    Not in Germany or England

  • @cx3929

    @cx3929

    2 ай бұрын

    Same as why south of Italy and France are poor, the hood.

  • @reggie69.

    @reggie69.

    2 ай бұрын

    @danghoangluong2942 it's the opposite in England, and it's literally Western. East in Germany, countries tend to be divided economically. Sometimes, they create patterns, not always North and South

  • @susomedin5770

    @susomedin5770

    2 ай бұрын

    South France is richer​@@cx3929

  • @paul1979uk2000

    @paul1979uk2000

    2 ай бұрын

    @@reggie69.I have a sense that the regions that are closer to richer regions are richer for it, so the south of the UK being closer to the rich European mainland, the north of Italy for the same reasons, the west of Germany and so on, and it kinda makes sense that more economic development will happen closer to richer regions.

  • @OnlineEnglish-wl5rp
    @OnlineEnglish-wl5rp2 ай бұрын

    Very interesting

  • @pupysb6267
    @pupysb62672 ай бұрын

    Another factor was that the coal, tin and iron mines were mostly in the Northern areas of Asturias, the Basque country and Cataluna. Much like Sheffield in the UK and the Ruhr in Germany... Industry was based close to where the resources were to be found.... As to what kept Southern Spain poorer also, the Catholic Church had a larger impact in social life in the South than in the North during the 1800s. In the South, most education, both primary and university was by the Church, in the North, where there was more of an entrepreneurial spirit and more workers unions, due to mining and basic industry, literacy was much more widespread. During the Spanish Civil War, these areas were bastions of leftism and extremely anti religious

  • @dylreesYT
    @dylreesYT2 ай бұрын

    It was a nice history lesson but most of this, especially everything from before the industrial revolution, has no effect on the economy today. South is hotter and more arid so there's a lower capacity for population growth. It's also got more retirées, that alone explains a huge part of the difference. The rest is likely down to regulation/governance of regional governments.

  • @iparipaitegianiparipaitegi4643
    @iparipaitegianiparipaitegi46432 ай бұрын

    Industrialisation occured in Catalonia the the Basque Country in the 19th century because they was a bourgeoisie used to trade with abroad. In the South of Spain, it was still a Medieval society, with high nobility and poor peasants. In the North, peasants were free and owned their land. Madrid only became a rich region after 1969, when the spanisg government invested all the public ressources in Madrid to industrialise it.

  • @DiotimaMantinea-qm5yt

    @DiotimaMantinea-qm5yt

    2 ай бұрын

    Nonsense. The first industrialization in Spain happened in Málaga, but it failed because raw materials like coal and iron were far away and overpriced, and was disconnected from the richer European economic centers. Now, it's true that the Autonomy for the Basque Country and Catalonia have been very bad for the Basque Country and Catalonia. They were better during Franco's time. Now the economic centre of Spain is Madrid, and the Basque Country is close to irrelevant.

  • @ArmandoBellagio
    @ArmandoBellagio2 ай бұрын

    I guess the situation is a bit similar to Northern and Southern Italy. Madrid is just at the border it seems.

  • @TravelChannelOne
    @TravelChannelOne2 ай бұрын

    Armancio Ortega Zara founder and billionaire is also from the north in Acarunya

  • @normanstewart7130
    @normanstewart71302 ай бұрын

    Northern Spain is "very cohesive"? Someone needs to explain that to the Catalans and the Basques, not to mention the Portuguese and the Galicians!

  • @GrosPointRouge
    @GrosPointRouge2 ай бұрын

    Proximity to richer (France) and poorer region (Morocco). This is seen all over the world, rich neighbors make you rich, poor neighbors make you poor.

  • @eduardroma3305
    @eduardroma33052 ай бұрын

    The regions of the south of Spain are heavily subsidized. They have no incentive to develop their economies.

  • @Gloriaimperial1
    @Gloriaimperial12 ай бұрын

    The south of Spain is not such a poor land now, compared to the north (as when the economy was very rural), as if they were two different worlds. They are basically the same modern services. I live in the south of Spain and the high-speed train has just arrived here, an electric luxury car company has opened, and we have just developed the first Spanish space rocket, in addition to discovering genetic engineering techniques. The south is closing the gap rapidly, and that is happening throughout the planet: South-North. The explanation for the historical delay is not the Islamists, nor Catholic Spain (Catholic Germany is rich) or the expulsion of the Jews (6 out of 7 Jews stayed in Spain, converted into converts and continuing with their businesses, after 1492) The Arabs of the peninsula have no influence on poverty. Islamic Córdoba, in Spain, was the most advanced city in Europe in the 9th-11th centuries. Greater medicine, technology, culture, army, marble palaces, public baths, scientists, intellectual women. At that time Europe was ruined. Paris, London, Amsterdam, were wooden towns, with mud in the streets, diseases, fanaticism, poverty. The cold was a problem for development, as after globalization and industrialization the problem has been the heat, to compete with the great development of Europe. Southern Spain, southern Italy, Greece, Portugal... In general, the southern regions of Europe historically have more problems due to the distance to trade with the rest of Europe, and the intense heat 5 months a year, and drought. A merchant from Andalusia or Sicily had to travel 40 days or more, by horse cart, in any century, to carry his trade to Germany or Belgium... A merchant from Catalonia or the Basque Country took 20 days. A French merchant crossed the border from Germany, Switzerland or Belgium, and returned home for dinner. That is not competitive for the south (and the same or greater problem has the Maghreb, or the rest of Africa) when the majority of the European population lives in fertile, green regions, with rain, and river routes, in Central Europe, irrigated by the trade of England and the Netherlands, and they are not peninsulas. While Spain had a huge reinvestment of 70% of wealth (80% in the 18th century), to turn Spanish America into a western region. Now, with air conditioning, modern freight transport and Internet sales techniques, Spain, Greece and Portugal are closing the gap with the north. The south of Spain or Italy are closing the gap with the north of these countries. And Africa and other regions of the world are also modernizing, slower or faster.

  • @helmutzollner5496
    @helmutzollner54962 ай бұрын

    What you describe to have happened in the Spanish South is very similar to what the tech barons and billionaires do these days. So, is a dystopian future inevitable?

  • @marcv2648

    @marcv2648

    2 ай бұрын

    Southern Spain feels wealthy compared to Portugal.

  • @CarlosSilva-td3nn
    @CarlosSilva-td3nn2 ай бұрын

    Thank you ever so. Your excellent videos provide a clear and objective overview. Your gestures are precise on the intent. Your accent is light therefore comprehention is great! Keep it up. You are a gift to intelligence!

  • @davianoinglesias5030
    @davianoinglesias5030Ай бұрын

    Almost every economic problem is caused by wealth inequality or concentration of power in the hands of power. Surprisingly it's like we never learn from history

  • @danilolabbate
    @danilolabbate2 ай бұрын

    That might as well be the story of Brazil. Southern states have GDPs comparable to European countries, while northern states can be compared to southern African countries. The reasons were pretty much the same.

  • @Cyricist001
    @Cyricist0012 ай бұрын

    Bad video. Germany, Italy, France check all the boxes you mentioned as reasons. The reason northern Spain has more industry and is richer is because it's closer to other centers of industry like France, Italy, Britain so trade is shorter and easier. 'on top of that, during Franko's rule, people were leaving inland Spain to settle on the coast which now contains over 90% of all of Spain's inhabitants with the exception of Madrid.

  • @2wo2wo3hree_7
    @2wo2wo3hree_72 ай бұрын

    It's a normal thing in practically every country in the world the economic division south north or east west Only very small countries do not suffer from divisions It's the same in Italy, in France, in Belgium, in England and Germany, on the contrary, the southern part is richer than the northern part in Russia the western part is richer than the eastern part, while in China the eastern part is richer than the western part it is normal that where there is more opportunity for trade, along the border areas or where there is a lot of water, societies and large urban centers develop which over time become more and more numerous and will end up concentrating wealth there

  • @jonphoto5078
    @jonphoto50782 ай бұрын

    Can the fact that (Spanish) Latin America was settled by large numbers of _southern_ Spaniards in part explain the historical economic challenges of (formerly Spanish) Latin American countries?

  • @charlesentertainmentcheese6663
    @charlesentertainmentcheese66632 ай бұрын

    As usually in the north/south question, the answer is water.

  • @jblondon1327

    @jblondon1327

    2 ай бұрын

    Plenty water in the North of England where it is considered to be the poor region compared to the rich south.

  • @SergioFernandez-fh8pv
    @SergioFernandez-fh8pv8 күн бұрын

    It doesn’t have skyrocketing unemployment, it has actually been decreasing. Investment has also increased…

  • @alexflippov1782
    @alexflippov17822 ай бұрын

    What about Southern Italy? Greece? Georgia? Portugal? It looks like warm sea climate somehow makes ppls over relaxed.

  • @rmmvw

    @rmmvw

    2 ай бұрын

    Better weather = more time to spend outside. It's no conspiracy why the Northern European countries perform better economically

  • @Bolognabeef

    @Bolognabeef

    2 ай бұрын

    It's simply because southern Italy is much further from commercial routes in Europe. In fact it was very rich when the Mediterranean was the centre of the world. Overall though southern Italy is a much more stress free society compared to northern Europe, as shown by having one of the lowest amount of m*rders and r*pes in Europe, and one of the highest life expectancy

  • @rmmvw

    @rmmvw

    2 ай бұрын

    @@Bolognabeef As you may or may not know.. Southern Italy is a very close-knit community, which means everyone knows everyone else. People know their police officers, which means that further harm may come to you if you say anything against them. This is why the mafia has also been able to operate without any scrutiny there. So yes, the number of REPORTED crimes may be down, but I wouldn't say that they're much safer than in the north.

  • @danghoangluong2942

    @danghoangluong2942

    2 ай бұрын

    @@rmmvw Israel: Hold my Galil

  • @tobias2688
    @tobias26882 ай бұрын

    Please visit southern Spain and tell me about it's poverty. Probably the region with the highest quality of life in the world.

  • @barbarbarabar9097

    @barbarbarabar9097

    2 ай бұрын

    If you are funcionario, high qualified salary man or expath with remote job, richman of any kind, retiree, rentist... not for the average young people with 50% of unemployment.

  • @imb5128

    @imb5128

    2 ай бұрын

    @@barbarbarabar9097 Tell me you’ve never been to southern Spain without telling me. Teens don’t work cause they can afford not to while getting their education. Their parents can afford their university while they focus on studying. Food there is way cheaper than in the rest of the country and so is everything else. Yet the minimum salary is still the same. You can perfectly live with two minimum salaries which doesn’t really happen in the rest of Spain, at least one of the two parents would need to do some higher qualified job to reach the end of the month with their stomachs full

  • @barbarbarabar9097

    @barbarbarabar9097

    2 ай бұрын

    @@imb5128 yeah, quality of life is to live with two SMI, enjoy sun while eating peanuts with aceitunas and to need social aid even for study, oh yeah. España está en la mierda, y Andalucía ni te cuento. Un desempleo juvenil del 50% es un auténtico drama social, por mucho que lo hayamos asumido como normal. A partir de ahí, que cada uno se engañe como quiera, pero para mi felicidad y CALIDAD DE VIDA es lo que hay en Finlandia, donde apenas nadie tiene problemas para llegar a fin de mes o irse de vacaciones en verano a donde les salga de la p...

  • @AbuTalhaZishan
    @AbuTalhaZishan2 ай бұрын

    You should also make a video about why southern Italy is so poor

  • @barbarbarabar9097

    @barbarbarabar9097

    2 ай бұрын

    Very similar explanation. In fact, southern Italy was latifundist and touristic with slavery economy since the roman era, when the north was already very "industrial".

  • @nkristianschmidt
    @nkristianschmidtАй бұрын

    industry vs agriculture

  • @chippysteve4524
    @chippysteve45242 ай бұрын

    I think you got lost in the weeds and overlooked the obvious - the CAPITAL city ie the centre of trade where all the capital is located moved to the north.

  • @euroschmau
    @euroschmau2 ай бұрын

    This is very timely, I'm going to Andalusia and Extremadura this year. I hear it's supposed to be quite nice, however, Granada and Caceres in particular.

  • @john-b3886
    @john-b38862 ай бұрын

    I would think that proximity to the rest of Europe also matters.

  • @paul1979uk2000

    @paul1979uk2000

    2 ай бұрын

    That's what I think and not just with Spain, we also see the same thing with the UK, Italy, Germany and other countries, the regions in those countries that are closer to other rich regions in Europe, seem to do far better economically. Considering this seems to happen in a lot of countries and not just in Europe, it can't be by chance, and it makes sense, more trade, business and growth is usually going to happen in regions that are closer to other rich regions.

  • @M-J-qn8td
    @M-J-qn8td2 ай бұрын

    Coal was in the north.

  • @KamiInValhalla
    @KamiInValhalla2 ай бұрын

    If i were to choose one word, it would be "complacency".

  • @edwardbatista7920
    @edwardbatista79202 ай бұрын

    “ The question is”

  • @bobjacobson858
    @bobjacobson8582 ай бұрын

    At 1:40, it's pronounced more like Al-mah-REE-ah, not Al-MAIR-ee-ah

  • @welshtoro3256
    @welshtoro32562 ай бұрын

    It's common knowledge that the south is poor because of underinvestment from absentee landlords who didn't give a shit about the people. In fact they despised the poor. The landlords could remain very rich at the expense of the poor in a system that remained medieval until the 1960's. We shouldn't forget that there much of the north was in extreme poverty too. Galicians were amongst the highest quantity of emigrants in Spain. Plenty of poverty in the north. Read Bunuel's brilliant autobiography to understand how the region of Aragon during his childhood had seen no change since the middle ages. Toledo is the border for me. Once you go south of that it feels like a different country. I love this channel and this isn't a bad effort to explain the disparity of wealth but it's so much more complicated. Any mention of Islamic Spain, whilst interesting, is pointless in this context as it really is ancient history. The comparative poverty of Andalucía and Extremadura cannot be explained by events 500 years ago. We're talking about a 500 year problem. The south remained poor because the landowning class hated the poor and treated them as animals to further their wealth. The peasants and any opposition to this way of life were punished in ways that would be considered war crimes today during the Civil War. After the war they were starved into submission, hence the massive amount of internal migration to the north. I have family in the north and was married in Bilbao but I have a home 2 km from the coast east of Malaga in the south. Two very different worlds. One is mainland Europe and the other is Mediterranean. The north has industry and a recognisable EU kind of way of life. The south, despite its poverty, is life and generates life. It's why the people of the north flock to the south. In my experience I have to say that the people of the south are happier than the people of the north.

  • @mycellphone4437

    @mycellphone4437

    2 ай бұрын

    Quality comment here.

  • @thecrimsondragon9744

    @thecrimsondragon9744

    2 ай бұрын

    I love informative comments like this. Always great to get an insider perspective.

  • @Mcfunface

    @Mcfunface

    2 ай бұрын

    If people are happier in the southern half, what keeps you from traveling south of Toledo? I'm sure the festivals and holidays there are fun

  • @marcv2648

    @marcv2648

    2 ай бұрын

    Sounds like you have a place somewhere behind Pedregalejo. I lived there for a year 24 years ago. I'd love to be able to do it again. I agree with all you points by the way.

  • @eitkoml

    @eitkoml

    2 ай бұрын

    He explained how the different social structures between the north and south led to the south's poverty. That emerged during the Reconquista. The south's horrible social structure where a few aristocrats owned all of the land was also transferred to the western hemisphere from Mexico and Cuba all the way south to Argentina. The Portuguese did the same thing in Brazil too.

  • @thecrimsondragon9744
    @thecrimsondragon97442 ай бұрын

    Now do one on Italy north vers south. Also India hehe...

  • @benjamindejonge3624
    @benjamindejonge36242 ай бұрын

    South is a treasure trove and rich in culture

  • @MrCucaisme
    @MrCucaisme2 ай бұрын

    I would rather live in Sevilla than in Barcelona and Madrid any day

  • @TARO5888
    @TARO58882 ай бұрын

    I would say that regions in the north being better connected to Europe and major ports that where connected to the Americas is also a strong factor. So great part of the economic power of the north is tied to the fall of the Arabic world’s economic power. Other factors like natural resources being concentrated in parts like the bask country also has helped the industrialization of the region. The mixture of natural resources like mines with a strong port has helped the bask region and Catalunya being connected with France has always had foreign influence from other meditaran countries.

  • @marcnawo3533
    @marcnawo35332 ай бұрын

    Much FEWER, not much LESS. Bloody hell

  • @joaquindiaz4730
    @joaquindiaz47302 ай бұрын

    The diference between south and north ,its small ,compare countries in third world tonmorr developed ,its exagerated to call por south Spain ,you have no idea

  • @guandewei
    @guandewei2 ай бұрын

    Because of southern admixture

  • @Parakeet-pk6dl
    @Parakeet-pk6dl2 ай бұрын

    Why this region is so poor? Have you ever tried to get something done in southern Spain? Culture is your answer 🙂

  • @SARodriguez-kw7wl
    @SARodriguez-kw7wl2 ай бұрын

    And southern mexico, southern USA.

  • @marcv2648

    @marcv2648

    2 ай бұрын

    Used to be that way in the Southern US. The US South has a larger economy than US North now. South Carolina has the second highest industrialization of any state after Indiana. Northern and Southern stats for the US have had a huge reversal over the past 50 years.

  • @RN-pg3ns
    @RN-pg3ns2 ай бұрын

    Seems like the south has more of a Mediterranean culture whereas the north has more of a Northern European culture? Southern Italy and Greece similarly don’t have great economies! Also interesting that southern Spain was where so many South Americans decamped from and brought along their culture to the new world, the estancia system setup in the new world led to outrageous inequality, where I live there were only two families that owned the land where 5 million people now live on!

  • @dongye3645
    @dongye36452 ай бұрын

    richness by culture: judaism > confucianism > protestantism > catholicism > eastern orthodoxism > islamism

  • @jmtrevijano9160

    @jmtrevijano9160

    2 ай бұрын

    Protestantism....they were starving to death until early last century in Northern Europe. And where are the beautiful and monumental cities of Southern Europe there with all their culture and history. Nowere to be seen. Children were working in coal mines in Great Britain until not so long ago. By the way, the richest area of Central Europe as Belgium, Germany and Austria were Catholics too.

  • @scootergirl3662

    @scootergirl3662

    2 ай бұрын

    If you really think this can all be simplified down to a snarky KZread comment, you’re not really worth arguing with

  • @jonathan9431

    @jonathan9431

    24 күн бұрын

    Facts

  • @m.m.7514

    @m.m.7514

    14 күн бұрын

    I’d say Catholicism is above them all, since they’re those who accomplished the most.

  • @egg174
    @egg1742 ай бұрын

    Hola España 🇪🇸

  • @marcv2648
    @marcv26482 ай бұрын

    VisualEconomik has a 100% mispronunciation rate for Spanish names.

  • @danielm.m.3900
    @danielm.m.3900Ай бұрын

    Also regarding population density... What's portrayed here is not quite accurate. Lands between Madrid and the coast have a really low population density. Population is concentrated in Madrid and then in the coasts. Also, you're not considering that in the last half of the XIXth century Spain lost most of its colonies (Mexico, Argentina, Chile, Peru, Panama, Colombia, Venezuela, etc.) This also had a big impact in the south which was largely benefited by trade with the American territories.

  • @danielm.m.3900

    @danielm.m.3900

    Ай бұрын

    Additionally, decision of developing industries in the north and neglecting it in the south was largely political and sponsored by Fascist dictatorship during XXth century.

  • @ollifrank6255
    @ollifrank62552 ай бұрын

    Heat is no friend of economic development. Just compare northern and southern Italy, southern and northern Brazil, southern South America in general vs tropical Latin America, in Asia it’s a bit mixed but still Vietnam, Philippines and Indonesia versus Japan, South Korea and China.

  • @danghoangluong2942

    @danghoangluong2942

    2 ай бұрын

    Not True. Southern China and Southern India is actually richer than the North. Southern Japan and Korea follow same trend. Same goes for Vietnam.

  • @marcoac-sx6lq

    @marcoac-sx6lq

    2 ай бұрын

    Southern Germany is richer than Northern Germany, southern England is richer than Northern England. Singapore, the Emirates are rich, Siberia is poor. Please don't study on memes

  • @Tim_Nilsson

    @Tim_Nilsson

    2 ай бұрын

    @@marcoac-sx6lq Perhaps not the best examples. Heat can absolutely make a difference but so can extreme cold. It's difficult to operate efficiently in both. Access to water is important for both agriculture and industry. Germany, England, Singapore and Emirates are all relatively homogenous when it comes to their internal climates so it's not a factor within their own boarders. The climate is absolutely not the only factor but it can be an important one. There's for an example a reason the UAE and Saudi Arabia were extremely sparsely populated before the oil came into the picture. It has enabled them to make their countries more hospitable for larger populations in regards of cooling, desalination, import of food/goods and of course work opportunities. UAE went from a population of just 75 000 in 1950 to the current 9,5 million (population increase of 12 556 %). Absolutely bonkers. =P Saudi Arabia went from 3 million to 37,5 million in the same time period (population increase of 1150 %). This might all come to an end the day the oil dries up which of course both nations are worried about.

  • @jd3k
    @jd3k2 ай бұрын

    Every country has a poorer zone where hard working real products are made, such as food.

  • @Mightyflynn77
    @Mightyflynn772 ай бұрын

    Because they waste all their money on espadrilles and cigarillos. And possibly armadillos too

  • @stevec6232
    @stevec62322 ай бұрын

    Its the same in italy and uk. South vs North

  • @zico739

    @zico739

    2 ай бұрын

    In the UK, the roles are reversed.

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    No Iam Spanish and this video is rancid anachronic and obsolete in 2024 the diferencies no is Big is ridiculuous the South no is hell lol in Italy the diference is big

  • @MANUMADRID00
    @MANUMADRID002 ай бұрын

    The problem in southern spain is submerged economy

  • @0909cxc
    @0909cxc2 ай бұрын

    The north is close to France , the South is close to Morocco.

  • @welshtoro3256

    @welshtoro3256

    2 ай бұрын

    And your point is?

  • @DavidHalko

    @DavidHalko

    2 ай бұрын

    Likely, economic trade. Is Morocco or France more highly developed economically?

  • @paganlecter6819
    @paganlecter68192 ай бұрын

    Its warmer

  • @reggie69.

    @reggie69.

    2 ай бұрын

    Gibraltar is even warmer and it's two times well here than the wealthiest parts of spain per person

  • @dreadhead5719

    @dreadhead5719

    2 ай бұрын

    because its the UK@@reggie69.

  • @kendellfriend5558

    @kendellfriend5558

    2 ай бұрын

    The árabs thrived yet the whites couldn’t. Interesting

  • @reggie69.

    @reggie69.

    2 ай бұрын

    @dreadhead5719 while it's true, Gibraltar manages itself completely independently. The only thing the UK controls in Gibraltar is literally the military, so it might as well be considered independent, the UK economy shouldn't even be compared to Gibraltar, though , as Gibraltar is also two times Richer than the UK, I'm only saying it because people are saying such simpleton stuff like because it's warmer and rubbish that can be easily debunked by just using your brain why is Southern England so much wealthier than everywhere above it in the UK when the north is colder I was actually going to say Singapore, but I remembered Gibraltar is literally under Spain.

  • @dariuszgaat5771

    @dariuszgaat5771

    2 ай бұрын

    @@reggie69. Gibraltar is tax haven.

  • @derfelcadarn8230
    @derfelcadarn82302 ай бұрын

    It is also a story of two different family systems. The Basque Country & Catalonia, as well as other parts of Northern Spain, such as Navarre, are characterized by the presence of the stem family. The South of Spain is characterized by the presence of the egalitarian nuclear family. Historically, in agrarian societies, the stem family was characterized by two unique features : patrilinearity & strong parental authority, as well as inegalitarian inheritance, mostly by way of primogeniture. In regions where this family system predominates, not only was it an attribute of the nobility, but the peasantry too followed this family system. The egalitarian nuclear family was characterized by: relatively weak ("liberal") parental authority & egalitarian inheritance. Urbanization has mostly wiped out the actual presence of these family systems, but their values remain. For how long, I don't know. Stem = Strong parental autority + primogeniture = authority + inequality. Egalitarian Nuclear = Weak parental authority + egalitarian inheritance = liberty + equality These are the moral values transmitted from generation to generation. The stem combination results in the following qualities: strong respect for law & order & hierarchy; ethnic consciousness & regionalism; resistance to, before acceptance of capitalistic competition (because of the acceptance of the principle of inequality); strong emphasis on education & cultural transmission; small and family-owned farms; a variant of clericalism (where the Church was a major social force) etc. In Europe, the stem family is also the majority in countries like Germany, Austria, Czechia, among others. Apart from Europe, it is the majority in Japan and South Korea. The egalitarian nuclear results in the following qualities: liberalism & anarchism; a weaker capacity for discipline & long-term planning; an admiration for the military as the only source of order in society ("caudillismo"); a live-and-let-live philosophy, people are less uptight, less rigid in their habits; vast agricultural estates (because the inheritance gets divided up each time and the wealthiest easily acquire the lands of the more modest farmers) etc. In Europe, the egalitarian family is present mostly in Southern Italy and Northern & Central France (not all of it, but most of it). If you were wondering why Southern Italy, just like Southern Spain, is noticeably poorer than the Northern part of the country, then now you know that familial determinism definitely plays a role. I've read somewhere that the Basque Country is like a little Germany inside of Spain, and that the Basques are a bit like the Germans. For Catalonia, I don't know. If a Spaniard could confirm or infirm this statement in the comments, it would be really nice. Sources : the work of Emmanuel Todd.

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    Iam Spanish the tittle of video is very exagerated logically for the clickbait .

  • @derfelcadarn8230

    @derfelcadarn8230

    2 ай бұрын

    @@Benito-lr8mz Of course, it's all relative, no one is denying that. Southern Spain is wealthier than many European regions, let alone other parts of the world. But still, let's take a look at GDP per capita. The numbers are for 2022. Let's exclude the Madrid region because the capital is almost always wealthier than the other regions. Basque Country : € 35,832 Navarre : € 33 798 Catalonia : € 32 550 Castilla-La Mancha : € 22,574 Extremadura : € 21 343 Andalucia : € 21 091 How then do you account for such disparities? (In Italy, it is even more striking).

  • @user-fm6ns5nb4j

    @user-fm6ns5nb4j

    2 ай бұрын

    @@derfelcadarn8230 The low average earnings in Andalusia is due to the economy being dependent on tourism and agriculture. Both of these industries are seasonal employers - it's quite common for staff in the tourist facing businesses to only hire workers between Easter and October. They only keep a small, core staff employed all the year round. The rest are back on unemployment / competing for temp jobs over Christmas etc. Agriculture is even more extreme - it often only needs migrant workers for harvest time. Andalusian politicians sometimes talk about "re-balancing the economy" (during the pandemic for instance) but they're soon back to welcoming the opening of a new hotel as the panacea for every problem. That's why the Costa de Sol between Estepona and Malaga is essentially an unplanned conurbation with no central planning and insufficient investment in infrastructure - so Malaguenos complain that they can't fill vacancies for waiters and chambermaids because there's no supply of cheap accommodation (many Northern Spanish unemployed move South for the Summer to work), there's a water shortage because the last large scale investment in the water supply was in 2005.

  • @susomedin5770

    @susomedin5770

    2 ай бұрын

    Galicia is stem too and was the poorest region till the 1970s. Andalucía was the wealthiest till the xix centrury. Basque wealth is very recent, middle XIX century. Northern Italy is nuclear too except veneto Who was the poorest region.

  • @suprauro
    @suprauro2 ай бұрын

    The north is close to Europe which is industrial and rich, the south is front of África.

  • @badrakhariunchimeg1031
    @badrakhariunchimeg1031Ай бұрын

    Free education too much to handle your own i was thinking when i was lost my car i should make garbage collecting bags then it could be easily collected and i could make some money 💰 seems no one intrested in so my determination died out

  • @shadowsift
    @shadowsift2 ай бұрын

    I live in the south! I love it here. Its beautiful!

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    You lives in South suposse the very exagerated of video title in past décades or a century ago is some possibly today absolutly no is this exagerated terms the quality of Life is close similar for the money redistribution in Spanish System

  • @f.g.e.3889
    @f.g.e.388920 күн бұрын

    Spain is one of the best countries in the World.

  • @badrakhariunchimeg1031
    @badrakhariunchimeg1031Ай бұрын

    Mmm

  • @jmtrevijano9160
    @jmtrevijano91602 ай бұрын

    Topics, topics, and topics. Anyone would want to be able to enjoy life in the South of Spain one of the richest areas of the world once you take out materialist statistics that adds very little to such a social, cultural and historical giant as is Spain and particularly South of Spain.

  • @gilberttello08
    @gilberttello082 ай бұрын

    👌👌👌

  • @Boyridge
    @Boyridge2 ай бұрын

    Spain is not a poor country. Best health care in the world and highest standard of living with 10s of 1000s leaving the United States for a better life.

  • @peterdollins3610
    @peterdollins36102 ай бұрын

    Man, you needed to have been in Spain in 67 teaching English & spreading the word for Democracy. Spain today is a paradise by comparison.

  • @jmcr1963

    @jmcr1963

    2 ай бұрын

    Who do you think you are? St James?

  • @gaelboy1
    @gaelboy12 ай бұрын

    how about the gypsy heritage of most of its people?

  • @jblondon1327

    @jblondon1327

    2 ай бұрын

    Does that explain why the North of England is poorer?

  • @JosephSolisAlcaydeAlberici
    @JosephSolisAlcaydeAlberici2 ай бұрын

    I think Spain should try to reduce unemployed Andalusian youth professionals by encouraging them to immigrate to Latin America and the Philippines and become entrepreneurs.

  • @user-fm6ns5nb4j

    @user-fm6ns5nb4j

    2 ай бұрын

    Is that really a solution? Isn't there large scale immigration from many of those countries because they are economic basket cases / their educated youth are leaving because of lack of opportunities in their own countries? The question is why don't more educated Spanish unemployed find jobs elsewhere in the EU? Isn't that the purpose of free movement of labour within the EU? Or why doesn't the Spanish government reform the structural problems in Spain that makes employers reluctant to hire someone long term?

  • @9493time
    @9493time2 ай бұрын

    Reverse Korea

  • @IsaacGbornor_gv
    @IsaacGbornor_gv2 ай бұрын

    Ibiza Balearic Islands is in the Southern Spain but very RICH 🤑🤑 🤑🤑💸💸💸

  • @barbarbarabar9097

    @barbarbarabar9097

    2 ай бұрын

    Before the 1960s Balearic islands were like Sicily in The Godfather II. Very poor underdeveloped regions without industry. Nowadays they are rich due to tourism, but still having a huge mass of poor people working for badly paid jobs (sometimes just available in the good weather months) and high level of early scholar abandon.

  • @f.g.e.3889

    @f.g.e.3889

    20 күн бұрын

    ​@@barbarbarabar9097Lol nothing to compare about Balearics and Sicily, there are much better infrastructures in Balearics and any mafia culture, and much more open-minded ideology than in Sicily 😂

  • @barbarbarabar9097

    @barbarbarabar9097

    20 күн бұрын

    @@f.g.e.3889 Baleares have great infrastructures and "acceptable" level of ocurruption nowadays, but in 1950 they were similar to Sicily.

  • @edgarmarroquin4034
    @edgarmarroquin4034Ай бұрын

    Spain is one of the most developed countries in the world with the 15th largest economy in the world how is that poor? This video makes no sense! Ive been to southern spain it is not poor Spaniards live very well!

  • @carltaylor4942
    @carltaylor49422 ай бұрын

    The south of Spain has been screwed over by the government in Madrid for nearly ninety years. That's why it's so poor. That's also why there is so much undeclared wealth in Andalusia.

  • @scootergirl3662
    @scootergirl36622 ай бұрын

    I’m heavily considering moving to Spain, so I’m trying to find different viewpoints on Spain that are not just the “oh my God it’s picturesque and perfect with free healthcare!” But this video seems to make a lot of huge leaps in logic A lot has happened between the middle ages and now so constantly referring back to it seems a little weird I’m considering moving to the cheaper places like Seville - I guess I’ll just have to find out for myself Can’t be as bad as Ohio, I’ll tell you that much right now.

  • @duartesilva7907

    @duartesilva7907

    2 ай бұрын

    Sevilla is amazing, just not in the Summer where it's almost hell on Earth.

  • @TapOnX
    @TapOnX2 ай бұрын

    Christian reconquista absolutely devastated Southern Iberia and the consequences were inherited by each subsequent generation. It may seem strange that events taking place centuries ago would have such pronounced effects. But it is quite common - for example, various regional disparities are often attributed to the prevalence of serfdom or colonialism. Bad institutions tend to linger around, unless they get uprooted by successful radical reforms.

  • @Benito-lr8mz

    @Benito-lr8mz

    2 ай бұрын

    The muslim troll say pseudohistory centuries ago!!! and the bad echoes they arrive to presente Lol 🤣

  • @kraken1350
    @kraken13502 ай бұрын

    If Andalusia and the South Drag Spain Down, give it back 😂, I think All countries suffer lack of wealth distribution

  • @jascrandom9855
    @jascrandom98552 ай бұрын

    This also explains Latin America.

  • @marcv2648

    @marcv2648

    2 ай бұрын

    Not really. Socialism explains Latin America.

  • @jascrandom9855

    @jascrandom9855

    2 ай бұрын

    @@marcv2648 No it doesn't. This is the kind of answer from someone who doesn't read history. Socialism hardly had a real influence in the economic history of Latin America up to the 21st century.

  • @Michelle-rdz17

    @Michelle-rdz17

    2 ай бұрын

    Yup Spaniards coming here was a mistake