The Economy of Iran
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- เผยแพร่เมื่อ 8 ก.ค. 2024
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This is Iran, a highly controversial nation that has of course made headlines in recent months for hostilities back and forth between the united states. Hostility towards the united states is really nothing new in and of itself but these particular hostilities have gained so much attention in part because Iran is a very very powerful military nation in its own right. Now a lot of that power comes down to its economy which gives it the ability to be a force that people actually fear to engage with.
Even outside of hostilities and fear-mongering the economy of Iran is a really interesting case study because it is one of the largest modern economies that draws policy not only from economic and political theory but also directly from the teachings of Islam, which gives it some really interesting characteristics.
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📚 Want to learn more about the economy of Iran? We recommend reading "Contemporary Iran: Economy, Society, Politics", by Ali Gheissari 👉 amzn.to/30lcvNk (as an Amazon Associate, we earn from qualifying purchases)
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#Economics #Economy #Iran
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Sources & Citations -
Behdad, S., 1994. A disputed utopia: Islamic economics in revolutionary Iran. Comparative studies in society and history, 36
Cherkaoui, Mohammed. "Trump’s Withdrawal from the Iran Nuclear Deal: Security or Economics." Al Jazeera Centre for Studies 10 (2018).
Cherkaoui, M., 2018. Trump’s Withdrawal from the Iran Nuclear Deal: Security or Economics. Al Jazeera Centre for Studies
Thaler, D.E., Nader, A., Chubin, S., Lynch, C., and Green, J.D., 2010. Mullahs, Guards, and Bonyads: an exploration of Iranian leadership dynamics
Saeidi, A.A., 2004. The accountability of para-governmental organizations (bonyads): the case of Iranian foundations. Iranian Studies,
Oskooe, S.A., 2010. Emerging stock market performance and economic growth. American Journal of Applied Sciences
Sinaee, H., and Moradi, H., 2010. Risk-return relationship in Iran stock market. International Research Journal of Finance and Economics,
Oskooe, S.A.P., 2012. Oil price shocks and stock market in oil‐exporting countries: evidence from Iran stock market. OPEC Energy Review
Saeidi, P., 2012. The relationship between income smoothing and income tax and profitability ratios in Iran stock market. Asian Journal of Finance & Accounting
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Wait you changed your comment,why is that?
If your other videos are littered with this much misinformation as this video, your account should be shutdown.
Which dolt among you stitched together this mess of putrid dishonesty? Have you no shame? Do you not know that the Bosporous and Hagi Sophia are in Istanbul? in Turkey!! What are images of Greece doing in the film? Why have you misrepresented the price of Gas in Iran claiming it is 4 x times more expensive than in America when one Litre of gas in Iran costs a couple of cents!!
i live in iran be side wrong video all was right he explain like he live in here
Iran is self sufficient in gasoline production since the construction of the refinery “Star of Persian Gulf”. It’s the biggest liquid gaz
Next episode:
"This is Italy" - shows American Olive Garden
"This is Mexico": shows tacobell
when you're here, you're family
😅🤣🤣🤣🤣🤣🤣
Next episode's comments:
UHHHH GUY, YOU KNOW THAT STOCK FOOTAGE ACKSHUALLY ISN'T ITALY RIGHT? THAT'S AN OLIVE GARDEN IN AMERICA! DEBUNKED!!!! **guzzles favorite bottle of glue**
90% of this comment section:
"This is Iran: shows Istanbul"
And other 10% :
"""90% of this comment section:
This is Iran: shows Istanbul """
@@lughmanwatandust1020 hahahahah
@@lughmanwatandust1020 😂😂😂😂😂
“This is Iran” - shows a pineapple under the sea
My favourite so far
Spongebob goes to Tehran 2 confirmed
Napoleon
Ooooooooo
this is my fav - you will feature in my next video good sir haha
Economics Explained more than I could have ever hoped for out of a TH-cam comment haha
"This is Iran" - *shows himself running*
Nice pun
This needs more attention lol
That was good
"This is Iran" - *Shows Bosphorus*
Hey that looks a lot like the blue mosque....oh wait that is the blue mosque
Yeah I am pretty sure that’s the Hagia Sophia
Make you wonder what our Aussie reporter were told by their bloody masters in Britain?
No wonder they weren't allowed to filming all of it inside Iran.
Efe ERCİYAS yeaahhh big oops not gonna lie
@@EconomicsExplained I thought that the building was familiar, I was there recently.
"This is Iran"
*Shows Coruscant*
"Iran is a country filled with large swaths of wealthy oil barons, AND damn Rebel scum who want nothing more than to dismantle the empire and bring great unrest to our galaxy."
Hahahahaha.....good one mate.Tehran really does looks exactly like Coruscant
@@implode44 is that Saudi Arabia
Iran is more like Mustafar !!! A burning pile of rubbish...
@@handywijaya3689 Dubai and New York look like Coruscant, Iran is Tatoine or Mustafar...
“This is iran” shows statue of liberty
Iran: SAR ZAD AZ OFOGH! MEHRE KHAWARAN!
@@mirzahamzabaig5667 khavaran. There's no w in Farsi
"This is Iran"
*Shows scene from Harold and Kumar*
"Mexicans!"
Last time I was this early the Anglo-Persian Oil Company
existed.
Iran nationalised it.
It still does, under the name BP
Well done... well done
@@shermanlee2164 what
ClickNSpam yeah Britain and US get a lot of blame but Tudeh party really really screwed Iran with their rhetoric and actions. I mean when the people you’re doing business with suddenly want to actively undermine you is it really your fault that you pull out your investments and put it into a friendly but authoritarian regime(the shah)?
No one is innocent in these struggles. The USSR, US, and others constantly meddle with each other’s allies and vassals.
11:13 "What about Iran's other industries?"
*Shows a (now-closed) coal power plant in Northern Arizona, USA*
It's just stock footage. Why are people like you all over the comments don't get it. He just wants to represent something, not be accurate
@@lelouchvibritannia1788 its funny to laugh at smart people`s mistakes
@@lelouchvibritannia1788 Actually, that's an issue. Generally when people watch a video about a place, they want to see that place.
THIS IS IRAN: showing African people, Istanbul's mosque, Israel market and some place of USA!
@Levis. H I myself am not offended. I happen to be from Iran and therefore better able to catch these mistakes. Also, it may be that the mistakes (or rather generic use of stock footage) are more subtle in other videos.
lmfao
I was surprised when i saw the Koutoubia mosque in Morocco , lol
:D
Fun fact: many people of African descent live in the southern part of Iran.
I fear I have made a terrible mistake!
(Throw it in the pile for mistakes of 2020)
And whole comment section pointed it out
Maybe re-upload with corrections? Seems like a lot of mistakes have been made :D
Economics Explained Can you do a video on the economy of the British Empire?
Honestly the multiple mistakes were a work of genius, now everyone's having too much fun finding them all to behave like a TH-cam comments section.
Maybe next time, you should try a Podcast format. At least your explanations about economy are great. Other stuff in this video like "how dare you". But it was definitely funny.
>This is Iran
>video is filled with stock footage of Ottoman/Turkish Mosques
Lol
The very first footage is even Haiga Sophia.
@@gildedphoenix I think that's the blue mosque , it looks quite similar to the hagia sophia.
Blue Mosque if i recall correctly, is the one with 6 minarets.
@@gildedphoenix Yeah it's probably not the blue mosque either but this one also has a courtyard surrounded by all the small domes which i don't think the Hagia Sophia has, so it must be another mosque?
Technically it was of Byzantine construction
"This is Iran" *shows Hagia Sophia.
No, that's the blue mosque
@@ggripen It's not the blue mosque either, it's Süleymaniye mosque
@@ahmetmuazkomur5830 It's not the Süleymaniye mosque either, it's the mosque of ankara
@@deadchannel1745 Well.. no, it's Suleymaniye, there is Beyazit tower behind it if you pay attention to it, it's in Istanbul University and the mosque is next to it
@@ahmetmuazkomur5830 You didn't get the joke, did you?
As an Iranian who have some experience in the refinery industry of Iran in the past and also currently works for a brokerage firm in Tehran I think I can help you to correct some parts of this video:
First of all gas in Iran has two Price. The highly Subsidized Which is about 10-12 cent and is rationed and the slightly less highly subsidized which is about 20-25 cent and is not rationed. (Although the price is fixed in the local currency I used approximation due to massive fluctuation in the exchange rate.)
Secondly Iran has a big refinery Industry which is one the biggest sectors in the Tehran's Stock Market. As a result of that not only Iran is not importing its fuel but in fact it even export some fuel.(Iran used to import some gas but after opening of its latest refinery in 2019 it produces gas way more than what it need right now.
Nevertheless the whole idea of this video that Iran's economy is very strange one is 100% true.
Hi.
The video said "royal family members" are appointed in these bonyads.
"Royal family members" as in the shah's relatives?
@@ahmadabbassi7886 Exactly. It seems to the rest of the world its as if Iran is from some other planet. You can say whatever you want about it and most of the people wouldn't have any clue anyway. :D
How can you watch YT in Iran?
@@abdullahsarhan5226 You tube is blocked here.But I use VPN. Almost everyone do it here.
That’s interesting. Is everything EE said about the Tehran Stock Exchange true?
"Imagine if Mega-churches owned hotel chains" shhhhh, don't give them ideas.
Church of Mormon has over $100billion in asset. They invest in real estate. So it is already happening.
The Church of Scientology does the same.
@@johndaly2816 , Very good. I admire it.
There would be child molestation out of control
They do own those in Iran. The preferred hotel of the Western political delegations in Tehran actually is owned by the Bonyade Mostazafan va Ganbazan as far as I know.
4:12 - talking about Iran, showing an Israeli market (the writings are all in Hebrew), there are even more segments in this video showing Israel...
Tbh who cares? They are basically the same country
@@adrianlarsen2045 israel and iran are far from being the same.
Stock footage isn’t easy to get of Iran
Or maybe he's trying to tell us something...
@@warren5037 You obviously don't know what you are talking about
Okay, fellas, this is an economics channel not a geographically accurate stock footage channel.
If the footage isn't accurate, then what weight can one put on the analysis? Perception is important, it is not?
uh oh, an American analysing iran's economy.
Recipe for disaster.
@@BigHenFor exactly the point! as an Iranian i can say that except stock market all other analyses wear as wrong as pictures! for example, the most critical problem about gas isn't its refinery, while domestic refinery centers produce more than need, the problem is exporting Additional barrels that is so hard under the us sanctions. Furthermore, the most expensive gas price here is 20 cent per lit. i dont know how much is that in north America but im sure its not cheaper than iran as the video said!
He’s Australian… just because you dislike Americans doesn’t make every English speaker American.
@@michaelburrell4685 There are people who speak English fluently enough as their second language too...
Audience:
This is Iran .... shows "Turkey"
Greeks: Thats *GREECE*!!!
I saw no greek commend that but ok
@@Balajohn_ hahaha you don't get the joke. He is pointing to the fact that Greeks still consider Turkey as part of their historical land.
@@achrafkhallouli5378 Not all of Turkey; just that part. And it is true, like it or not. It was conquered by outsiders. You just need to differentiate between historical land and current land; and I find few people who dispute current land vs historical land, not even Greeks.
@Bangbabangbabangbang Incorrect. Greek is one of the oldest ethnicities of a very long time. Unless you want to go before written language, you have no argument. You would have a valid argument if it was just about any other type of region, like the British, french, etc, in which case, yeah, they just settled and replaced. But greek goes back so far back, that 'before that' should have no sway on anyone. As it stands, the only city building civ close in the region that was older were the Minoans, where we probably got the Atlantis mythos from, spread to Greek-Egyptian cities. As that stands, they were neither conquered by them nor vise-versa, but one helped the other along with trade and exchange of peoples. The people who identify as greek today, as the same group of people form back then, as a people group. They didn't move away, and neither the Romans or anyone else (the first having the larger imprint) ever brought enough to remove that. None of the various tribes the ERE/WRE contended with like the visigoths came and resettled Greece and took over, just other areas of the empires. The Ottomans later mainly brought more to the capital region of constantinople, but even there - the greek ethnicity was the most dominant - not replaced ethnicity in the region. Modern greeks can still read ancient greek, from 2000+ years ago.
The advancing Turks can't track their group as a single entity back 6000 years can they?
Bangbabangbabangbang
How can you be so pompous when you clearly don’t know what you’re talking about
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+171 335
I'm Iranian and non of these footages were from Iran😁
Its hard to get Stock Footage from Iran.
@@jascrandom9855 yes last one who tried to take a footage from Tehran was ambassador of UK, who fled nightly before a mullah decide to chop and dice and eat him up hole.
@@jascrandom9855 No, it's is not. That's like saying that is "hard" to get footage from USA
He should just show the footage of the Ukranian plane wreckage. We all know that is in Iran.
@@quisqueyanguy120 Its harder to take footage in iran, thus there are less stock footage of Iran.
comment: 85% "This is Iran" comments
TH-cam commenters are very original you see
I don’t get it
Including yours technically
This is Iran
Shows a picture of Minas Tirith
Me: Watches one Economics Explained Video
Me to anyone when Economics come up: You know, I'm something of an economist myself
Me: expecting a vid about the economy of Iran
Vid: showing a Greek Orthodox Church at 02:37
ikr, and lets not forget Istanbul
You stilol got a video about the economy of Iran, not like the filler videos really do much
Y
For the accuracy, its really important to get the imagery right. Imagine showing weapons and gun violence every time someone talks about america. Too many media companies and news media lie and mislead through imagery and stock footage
I remember talking to an afghani guy once in 2010 and he basically said that he would see CNN and bbc footage of afghanistan with the label kabul under it and it was actually just some random footage from the middle of nowhere and looked nothing like kabul. Thia is how the media creates a perception that is not true about another country intentionally or out of laziness. Reports use their mistaken assumptions about another place to select footage. As someone from pakistan, i can attest to how powerful this misleading imagery can be in creating incorrect and destructive perceptions.
Well, it's normal to mix since Ottoman mosque architecture is basically a byzantine church with some minarets and they are first one to come to an average westerners mind when they think of a mosque.
"This is Iran" nope thats Turkey lol
"This is iran" - shows Tefal Expertise Frying Pan
"This is Iran" - shows Ford Fiesta
You can say what you want but those things are iron
2:34 Random Greek church is very random.
That was incredibly interesting! I never knew about these bonyads... what a very weird economy... Everyone investing in a bubble because at least a bubble is more secure than high inflation.
It might not be such a bubble as they are investing in a production. Whereas our economies invest in properties without any production value.
We do? How did you come to that conclusion? (genuinely interested)
@@desiba5244 We do? What kind of investments are you thinking about? (Genuinely interested)
@@Tezzeen 13:51 :)
@@desiba5244 So if you invest in Honeywell International and they make a turbocharger they aren't investing in production value?
"This is Iran", showing stock footage of Istanbul...?
@marios gianopoulos Who's should it be then?
@@princepsregem4006 it's dead, get over it weirdo.
I've been watching your videos fore a long while now and as an Iranian (who lives in Iran) it was very interesting to watch this. This was one the most detailed economic analysis's of Iran that I've ever seen. Great video.
Edit:
P.S: the people of Iran are not evil, It's just bad press lol
"This is Iran" - shows an Israeli market...
4:10
Maybe an Israeli Mossad market in Iran 😂
Al-Qaeda: say what?
Palestine*
I really love the Economic Explained countries series.
I’ve been waiting for this video for a long time. Thanks dude 👍
No problem, hopefully it was worth the wait :)
3:53 This is the first time you actually showing Iran in this video! Almost 4 minutes! Good job!
Quality content, I learned loads. Thanks
How did I get out of Iraq?
Iran
This pun is.....just..........
Dude.
Classic my dude, just classic
Oman that is a Syriasly good joke. There is Norway I'm gonna be able to make a joke that good.
*Saddam Hussein would like to know your location*
@@Pining_for_the_fjords Someone get this man an Oscar.
Your video perspectives are unique on this platform, informative yet critical without getting unprofessional. Really like what you've been putting out so far
Please do Austria, home of Freud and Mozart, too! 😉
I find the economic info given is far more important than griped-about commonplace visuals. Thanks EE.
absolutely love these videos, so interesting!
0:09 Isn't that Istanbul (Turkey)?!?
It is
On 2:36 that’s a Greek Orthodox church
He's an economist not a geographer :P
Yeah...this vid should be better
@@tisFrancesfault Not a reasonable excuse. I'm not a geographer either
EE : THIS IS IRAN !!!
*shows a video of Istabul, Turkey* 😭😭
does it effect the overall information in the video? NO
should you give a shit? NOOOOOOOO
@@thunderb00m It's like showing images of China when the country of topic is Japan 🤭
Is good to know EE is focusing on economics and not footage, interesting though.
@@TomAndersonn he gets this from a stock footage website. Yes, sometimes it's not correct. It's near impossible for someone who doesn't live in that country to know all what does or what doesn't belong there. Give the guy a break, he tries his best. Like previously mentioned, people come here for the information, not to watch a Hollywood produced documentary...
@@thunderb00m Yes, it makes the youtuber look dumb.
Love your work! Keep it going!
Also, the “this is Iran” comments are gold lol
You raised an interesting point. Deep understanding; well done 👍
Iranian here, :),
I want call out at the "Bonyad" policy of the government of Iran because Bonyad companies receive government subsidies which in turn kill competition and private entrepreneurs.
9:00 The reason the stock market index ''grew'' so much over the past 2 years is because the local currency lost 2/3 of its value. As the currency relates to how the index is measured, when the value of currency fell the index exploded, it is a matter of relative equilibrium.
Excellent video yet again!
Great video. Thanks!!
As an Iranian I can say that this is one the best analysis of my local economy that I have ever heard from a foreigner.
بعضی جاها چرت گفته
*seems like a good reason to switch to renewable energy sources as soon as possible/ practical* 💪☻
Or to an alternative energy program such as nuclear. Oh wait
Even though nuclear is the best choice
Nuclear is the best
Renewables>Nuclear by a huge margin
@@fedyx1544 how can you say something so controversial yet so brave?
Nuclear energy is most efficient energy resource not to mention can be enviromentally more friendly than renewable ones. Simply because you need MUCH LESS LAND MASS to produce same energy and using nuclear warheads' radioactive materials as fuel.
Very interesting. Thank you, subscribed ❤
huge video! very nice! i enjoyed it a lot
Author: “this is Iran”
Me: “yes I’m watching this video in Antarctica with no network”
"This is Iran". Isn't that the blue mosque?
It looks different. It's not the same mosque
Turquoise, I k ow it seems like a minor correction but that specific stone is actually turquoise and both the colour and the stone are named after the "Turkish stone" (Frenchified) used in the Hagia Sophia. Fun fact
Its "Bayezid II Mosque", Istanbul
@@lukesanderson7608 I know the stone is turquoise but isnt the name of the mosque the Blue Mosque? Correct me if im wrong though!
@@sid2543 They look very similar but the blue mosque is a distinct building (17th century I think and but by an Ottoman sultan) that imitates the Hagia Sophia but if you look at the blue mosque as shown here www.google.com/search?q=the+blue+mosque&rlz=1C1CHBF_en-GBGB847GB847&sxsrf=ACYBGNRb9xaCFVsJAuifSrsgkWLC9CLNfQ:1579188499400&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiA5KjMt4jnAhWjUhUIHdC2DacQ_AUoAXoECBMQAw&biw=1536&bih=754#imgrc=SZ_X3Au4CPGcCM then the Hagia Sophia as shown here www.google.com/search?q=hagia+sophia&rlz=1C1CHBF_en-GBGB847GB847&sxsrf=ACYBGNSrKv9-SzzIbRhI3eKLM-qapibxuA:1579188364319&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjU_POLt4jnAhXvTxUIHYjcCHkQ_AUoAXoECA4QAw#imgrc=zk4tBLcv1wGCZM
Look at the outer 4 pillars and you will see the difference but I can very very easily see why you would think the one is a nickname for the other, they look very very similar and are n the same city.
Sorry if editing a comment looks shifty to you, I just messed up the links :)
Alot of People would argue that their best Aussie on youtube is "Aussie Man reviews"but for me you are my favorite Aussie. please keep up the great work and your channel is bound to success :)
I really enjoy the details you go into your videos, helps understand the bigger picture much better, when are we expecting a video on the Economy of Mexico? I bet there is a ton of things to talk about ;)
I like that you looked at the reasons for stock market success as it was a new one for me until last month when I took a look at the Zimbabwean stock market for a paper I was writing. Was quite confused at first until I looked further into it.
is there a link to said paper sir?
"Imagine if the churches owned 20%.." I'm pretty sure the Catholic Church has the wealth of several countries.
I'm pretty sure the Catholic Church has a country
Well kinda, but they're not the slightest bit United. Look at Biden: a catholic who supports abortion, gay marriage, and is a white westerner and compare him to a catholic in the Congo who may support a prison sentence for homosexuality or abortion and may have never left Africa or visited the west and compare that Congo catholic with an eastern catholic in India who may even partake in polytheistic rituals. Catholics fight wars with one another and the Vatican can do little to directly influence its supporters in other countries and only has indirect influence even on individual churches or priests in other countries. They also cant really use 99.9% of their wealth since its tied up on artifacts and real estate they're using, it would be like Greece selling the Parthenon to Germany in order to raise money since they cant collect taxes on anyone more then 50 feet from their capital building
Such a good video
Super interesting! Cheers!!!
I think the US college situation would be a great video. I haven’t seen many that explain how government regulation and backing of loans are creating a situation similar to the mortgage crisis of 2008. As someone who works in Real Estate economics the similarities are crazy!
I knew the random stock images would bug me so I deliberately just listened .. still the couple times I glanced I managed to recognize my Morocco xD
Thank you for the video, EE.
Both the images and the info were more or less off, but I doubt it could be pulled off any better. There's just not enough info about Iran outside the country.
Great video! Never even knew that about Iran and its state businesses.
Bonyads: a semi private, semi government, semi religious entity.
My math teacher would like to know your location.
You would not believe it until you see their paper work
7:15 imagine a scenario you can't even imagine. Now do that several more times. That is how a Bonyad do. Zefrank will be proud
Very interesting vid!
okay whatever about the stock footage but godt damn this is some high quality content, thank you so much for making these videos!
the opening scene 0:09 is definitely Istanbul Turkey, NOT IRAN.
“Iran is a nation of people”...
Literally no one:
....
....
“.... Not necessarily evil people....”
He's making these videos for mostly US viewers, so I guess it's tailored to their biases (?)
I love watching your videos ❤️
This channel should do podcasts! ❤️
Also that whole "no where else to put their rapidly inflating money" thing? That explains most of the world's stock market rallies atm.
Iran does not have homeless people
Everyone gets retirement
Everyone is covered by national health
Job security
Social security
Very high number of advanced educated people.
Very highly educated women
The most beautiful women
The most innovative engineers
The most beautiful nation.
These videos are so good
Please do an "The Economy of" video about once of the fast rising economies of Eastern Europe. I'm originally from Slovakia, so I would love that, however, it is kind of a small player. Czech Republic (my first pick as it's closest to my heart after SK), Poland or Romania would be great! Hopefully one day you'd have all of them!
Here’s Iran:
Goes on to show Istanbul (previously Constantinople, in modern day Turkey), Israel, Arizona (USA) lol
Edit: Also Greece and Qatar. Matter of fact, I’m not sure any of these stock reels are Iranian
Don't forget several shots of Morocco and one of Bosnia too.
6.45 - there is no Iranian Royal Family, the state is a republic. The 1979 Revolution saw to that
I would argue the supreme leader is almost a royal
Gold Stacking he’s the supreme leader of a republic kind of like the supreme leader of dprk
Wow, one of your best videos ever!!!
Hey Economy Explained..
Could you please make a video (or 2) about the economy of the european Union? (Including England cause it played a big role in the last decades).
That'd be great mate.
“Oil Fuelled, Corrupt Sandcastle” Iran 2020
Matthew Nowakowski aye russianbadger
Ruined by foreign influences
@@chillaxo9863 and international sanctions
Ignoring most of the pictures which are not of Iran, it was amazing that you got it right! It is very uncommon that someone from outside Iran sees the huge impact of Bonyads on our economy. You can also add their influence on the government, on the military, on overseas policies and so on. Though I am a bit surprised that you've missed the Iranian banks and their dysfunctionality. Overall, well done!
Superb episode! All the intricate nuances are considered and fit well with the narrative! Hats of! Thanks for bringing an absolute unique economic case studyl
This was fascinating.
Stock footage of Iran must be pretty hard to come by
"This is Iran..." shows Mankind getting thrown off the Hell in a Cell
Such a fascinating story,baddie does well
As an iranian i find this video very interestin, but i should mention that price of a gallon of gas in iran is about $ 0.35(35 cents) per galon.
Please do a video on the economy of Greece. How do we improve our financial situation?
Costas leave the EU
@@AscendedYield the EU has helped greece a lot, especially germany
Daniel T without the EU Greece would be dead the EU has saved them
14:04 aging Joseph Stalin taking a selfie
Joseph stalin was almost 70 when he died.
I actually love your videos your enthusiasm for what you’re interested in motivates me to do the same.
So cool how you guys can make a video about a country, while not showing even one footage from there.
I would like to see a Economics of Colombia. How a country with a supposed stable democracy, with no formal dictatorships, with neoclassic economics and a big illegal economy has those mediocre results. Greetings from Bogotá, I love your videos.
You need state planning to develop local industries over many years in order for them to become competitive
somebody thats been to turkey:
thats turkey
commentator: THIS IS IRAN!
Right now i live in Iran Tehran, as of the time this video was published market capital has quintupled + many of those oil companies have now distributed their share in Tehran stocks now . but nice video overall
Very interesting video! I’m Iranian and I never fully knew how Iran's economy works. But it sucks that you’ve used general “Middle East” clips throughout your video, which actually doesn’t make any sense. Iranians are culturally different to the rest of the Middle East, so non of your clips make any sense.
Next video Economic of Argentina please!
"This is Iran"
Istanbul: "Am I a joke to you?"
It would also be interesting if you could do the economies of major world cities.