Economics Explained

This is Liechtenstein just the cutest little European nation, the nation is tiny but weirdly enough it is actually only the fourth smallest country in Europe, behind Vatican City, Monaco, and San Marino. What it lacks in square footage though it more than makes up for in economic might. You see this country is home to the second richest people in the world with a GDP per capita of $165,000 which is second only to Monaco, and the country is, at least officially home to some truly wealthy old moneyed elite. Learn more about your ad choices. Visit megaphone.fm/adchoices

So hedge fund is a term that has really lost a lot of meaning in recent years. These days it basically just means a managed financial institution that facilitates complex investment strategies that cater exclusively to high net worth individuals. But that wasn’t always the case. You see hedge funds actually have a really specific role in the world of high finance and in this video we are going to find out what makes them work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Exploring the causes of recessions, the impact of consumer confidence, and the interconnected web of earnings, spending, and debt. Also, delving into how recessions are essential for economic control, resource reallocation, and promoting long-term growth.

Game Theory explores decision-making with competitors and friends and reveals that it offers more insight into getting along with partners and allies than about competition. It examines the famous prisoners' dilemma scenario and analyzes the motivations behind each decision for maximum individual benefit. The application of game theory extends to understanding competitive behavior and collusion, with a focus on Nash equilibrium. Additionally, cooperative game theory proves relevant in international trade negotiations, as exemplified by Donald Trump's trade agreements approach.

Qatar has one of the highest rates of migrant workers of any country in the world with over 90% of residents being non-citizens. So why does Qatar need so many migrant works and why are so many migrant workers willing to go to Qatar? Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the past decade Sri Lanka was one of the fastest growing economies in Asia. However, they took on too much debt and now the country is collapsing. Learn more about your ad choices. Visit megaphone.fm/adchoices

It's no secret that China is facing a myriad of economic problems with many commentators predicting the impending collapse of the Chinese economy. But what would really happen is the world's second largest economy collapses? Learn more about your ad choices. Visit megaphone.fm/adchoices

Over time it is almost taken as given that science and technology will evolve and improve over time. But does the same hold true for the field of economics? Will future generations achieve superior levels of wealth due to advancements in economics or have we already solved everything there is to discover? Learn more about your ad choices. Visit megaphone.fm/adchoices

In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a substance used in fertilizers. However, by the early 2000s they had completely run out of Phosphate the country's GDP declined by more than 90%. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around the world all raising interest rates, will we finally see inflation go back down to more normal levels? Learn more about your ad choices. Visit megaphone.fm/adchoices