Economics Explained

Economics Explained

Economics Explained

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Episode (200)

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71
The Economy of the Soviet Union

The Economy of the Soviet Union

May 18, 2024

The Soviet Union is one of the most historically significant economies to understand, not only because it was the home to some of the most controversial economic practices ever, not only because it wa...

72
The Economy of South Africa

The Economy of South Africa

May 12, 2024

South Africa is an economy that is really important to understand as a kind of potential outcome case study of inequality gone bad. The nation itself, on paper at least is not so terrible, it is actua...

73
The Tragic Reality of Brain Drain on Poor Countries

The Tragic Reality of Brain Drain on Poor Countries

May 08, 2024

The phenomenon of brain drain is when the best and brightest workers from poor countries immigrate to rich countries in the pursuit of higher pay and living conditions. This can hinder the development...

74
The World's Poorest Country is Sitting on $24 Trillion

The World's Poorest Country is Sitting on $24 Trillion

May 05, 2024

With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has mass...

75
Why Canada Is Banning Foreigners From Buying Homes

Why Canada Is Banning Foreigners From Buying Homes

May 01, 2024

Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn it could have long-term effects on the economy if not managed ...

76
Why India Is Stuck Between Poverty and Superpower

Why India Is Stuck Between Poverty and Superpower

Apr 29, 2024

Check out The Next Wave, Hubspot's AI podcast here: https://lnk.to/thenextwaveEE For decades now economists have been predicting that India would become an economic superpower, and in part, it has. In...

77
The Failing Economy of Pakistan

The Failing Economy of Pakistan

Apr 16, 2024

Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what...

78
Why Bangladesh Won't Be The Next China

Why Bangladesh Won't Be The Next China

Apr 08, 2024

Bangladesh has a troubled past, but it has been in a great position to grow dramatically in much the same way that its neighbour China has done in the recent past. Bangladesh is still a highly labour ...

79
Do Bank Failures Always Cause Recessions? (SVB)

Do Bank Failures Always Cause Recessions? (SVB)

Apr 05, 2024

Last year's banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, caused bank runs and put pressure on other banks like Credit Suisse. This is reminiscent of past U...

80
Has The EU Actually Been Good For Europe?

Has The EU Actually Been Good For Europe?

Apr 03, 2024

Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. The EU, a unique economic giant, acts similarly to the US federal government, hinting at a "United States of Europe" with its s...

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