You perfectly explained why our country is going through such problems in one short sentence. "What's good for the country isn't always good for it's rulers"
@@UltimateSpiderMan Maybe from your perspective. From their perspective they're still in power, so it's working. If it's dumb but it works, it wasn't dumb.
Well, you have israel next to you and it is a militarized society, so of course to protect Egypt's independance, the military will have a large influence. It's only natural that this will happen. You can't have an entity that wants to expand next to you, while you are catching flowers all day....
Yes but this was all already foreshadowed in the screenplay ; namely that 'towards the late afternoon of history , as we approach the Final Act , we shall experience loss of time, streams of accelerated time waves, Earthquakes -many many Earthquakes- perhaps other glitches or discrepancies as well...Read the script dude @@reverentlygrim2666
@@whatsascallion-f6lyes because we experience less and less new stuff every day that we just get used to it being a cycle and never pay attention to anything since we're just in a loop, that's why you'll remember if something weird happens that doesn't usually happen at work or if your toothpaste runs out in your morning routine.
As a foreigner who lived in Egypt, I can tell you that internal government corruption combined with the victim mentality of the people and the disorganized nature of Arab culture are the biggest hindrance.
The corruption is brutal. And it's not just at the top, everyone all the way down to the lowest worker has their hand out for a bribe. It makes other poor and corrupt countries look good in comparison. Egypt is going to need a full cultural reboot if it's going to progress past its current point.
You're definitely right, however, I also believe that if the corruption is managed at the top, it will have an effect on the bottom, it is only natural when the director is strict and in order the manager will likely be the same.
Not hard, it's actually much lesser than it could've been had the country not being corrupt since 1950, when the world had a population boom, but egypt was getting systematically impoverished for various reasons, like the brits, israel and most importantly, corruption and socialism
One of many reasons as to why the govt is ventuing out into the desert to build new cities. Not for other comical reasons as falsely claimed in the video.
@jameskamotho7513 it's not a military base. It's the new headquarters of the ministry of defense, with all its branches and military colleges - hence the cheer size. I don't care if you believe me or not, but educate yourself on the matter first or ask questions before you make poor assumptions.
@@Mohamed-bc3on is it a poor assumption, or is it a conjecture based on overwhelmingly common past patterns. As the saying goes, "If it walks like a duck, sounds like a duck, it's probably a duck."
same comment lol he must have mixed it with 2013 these 2016 protests were pretty insignificant. I literally went and asked all my family and they all gave me the weird looks and said why would anyone remember these protests as of any significance
If Egypt won’t pass to democracy or modernize it’s political system in any way then the situation will remain the same under any other dictator Egypt will ever have
A small nitpick: Egypt doesn't have more oil/gas resources than it can consume, as stated in the video. In fact, it's facing enormous trouble extracting the gas it does have, which is not enough for its massive population in the first place. All of the gas that Egypt exports comes from other countries with pipelines to Egypt but no LNG infrastructure of their own.
I was excited that this channel finally talked about Egypt, but the research made for this video seems rushed and barely scratched the surface. There’s also a lot of random unnecessary mistakes in the video (like dates etc.), and a lot of the analysis presented seems to be copy and pasted from outdated opinion pieces. For future videos, it’s probably a good idea to have economists from the subject country review the video before being posted.
The thing is, all of his videos suck. You just notice now because he talks about something you know more. But this is true for all of his videos! You just dont notice. Also he never talks about economy, he just reads some statista facts and gives you some basic history lessons
@@XGD5layer depends on the video. Their Poland and Ukraine video avoided a lot of traps and mistakes most channels make, and didn't seem to make any glaring errors either
That is true. I knew a guy from Egypt who worked in IT and came to Canada that way. I asked him why he moved from Egypt and he laughed and told me that anyone with the ability to leave there does
Let us not forget that Egypt was affected by a sharp decline in gas exports after achieving eight billion dollars in 2021 and seven billion in 2022. Egypt returned to importing gas. Also, Egypt decreased and lost six billion dollars from the output of the Suez Canal due to the Red Sea tensions, but on another level, Egyptian remittances, Egyptian exports, and foreign investment increased.
It's because the West is flourishing on the suffering of other counties, especially in Africa, but this flourishment will be shifting soon. That's the cycle of life.
@@hossamnasser9717- No, that is an excuse underperforming countries come up with. You ever notice losers and failures tend to blame all their problems on someone else? Hmmm, might be a connection there
Because it's unbiased and real, he covered the bad and good and didn't make all black like what others do, as a guy who works in manufacturing and know that we are really growing in that sector, i a very happy that finally someone talked about out.
That would be difficult as generations of scholars have not yet been able to define out how the heck it holds together. The latest theory is that it operates by osmosis and resonance from the surrounding countries.
Is it corruption? I heard that tipping is a big part of Egyptian culture that it puts American tipping culture to shame. You’re expected to tip everyone from street cleaners to tour guides to airport officers. Is that true?
@@nathanielzarny1176 Corruption indices are usually based on surveying business leaders and int'l experts. A tourist like OP would probably encounter more "everyday" types of corruption. Besides, it's just one person's ancedotal experiences.
@@barrysmithers5816 I'm Egyptian, there were no major protests in 2016. there were some small scale protests in Cairo and Alexandria, but it was inconsequential, so mentioning them makes no sense here, and I still believe he meant 2013 protests every time he said 2016.
Bro you better take a deep dive into explaining the economic consequences of your sponsor, which is by far the most interesting part of your video. Dead internet theory indeed.
Why do some of the best creators take sponsorships from companies whose output denigrates the concept of 'creativity'. This is just AI slop! Take less sponsor money from more dignified sources.
It's hard to resist, investors are shoveling money into the furnace with ai startup and those startups are spending crazy amounts of money. Who wouldn't want to get in on the action?
I'd love it of you made videos about Nigeria, Seychelles, and Botswana. Nigeria had it's independence day on the day this video was released. And well, economic frustrations has meant that it wasn't a day that was really celebrated by anyone
Please have a look at Ethiopia and its economy next. I believe that it would provide interesting takeaways, and I'd love to hear your thoughts on it. Thank you! I'm a fan of your content.
Crazy how ppl in the comments openly judge us based on our economy, saying we're only nice to take a punch of pennies from tourists, so if i was good it would be different if my economy is bad? How pathetic.
Here is what is in my opinion a major reason why Egypt is struggling when it comes to crops: With all the corruption I'd also like to say that farmers tend to build many many many housed on top of farming lands. When moving or travelling around you'll find these buildings EVERYWHERE which sooner or later will lead to Egypt's full on downfall if not fixed and stopped.
Nicely done. Obviously it has to be oversimplified to fit in a 15 minute video. Two major missing points are the tourism industry and the level of education of the population on the whole.
Egypt is a lovely country full of bright, creative and hardworkong people. The problem is that most people are totally unrepresented, even ignored by the system.
Egyptian here. It's bad. Food prices have quardupled in less than a year and debt has been growing non stop. What he said about instability and corruption is both true. Since our independence we have been pushed into wars outside our borders by extremist pan-Arab leaders like Nasser for the sake of other people and in the end, Egyptians foot the bill today. Even now, pan-Arabists and Islamists still want us to join Hamas, Hezbollah and Iran in a war against one of the most sophisticated militaries on earth. I have no hope in this place I just want to leave it.
Held back by corrupt Government, religious boundaries, education, work ethic/culture and too many tourists leaving with a bad taste. Worked here for 2.5 years and have visited most of the country.
When are we gonna get a video about Ethiopia's economy? It was the fastest growing economy in the world during the 2010's and also has a large population. Cool vid btw, didn't know Egypt was a manufacturing hub
How tf is it gonna live with its current government and population? The only way Egypt will survive is when all the government resigns and a new more educated government takes charge. But that’s never gonna happen 😢😂😂😂
The largest refinery in Africa is now located in Nigeria. It is also the largest single train refinery in the world. If it works as it should, it could be a great boost to Nigeria‘s economy and maybe someday worthy of it‘s own episode on economics explained 😉
After the currency devaluation, lots of factories are moving in Egypt, especially in Suez canal economy zone. Also Massive investment in green energy. Egypt current FDI is the highest in Africa. And you are right political instability especially in the middle east is a major drive away.
الكلاحة والكسل والمفاخرة إننا مهرجين وحب الاستنصاح والكسب السريع من أصغر راس لأكبر راس والفتي والهري في أي حاجة وكل حاجة والبجاحة والعين القوية في الباطل والتهاون في حقوق الناس بجد والله عايشين في مأساة وبلاء لن يرفعه إلا الله..
Realistically, a lot of Egypt's economic woes come from overpopulation. Egypt used to be the breadbasket of the Roman Empire but now has to import food. There just aren't enough natural resources in Egypt to sustain their own population. If you're struggling constantly to feed your people, relying on loans and foreign (unstable too!) grain producing regions, that is going to be a constant pressure. Having a good stable agricultural base to an economy is key, or at the very least having enough to feed yourself and ensure stability. Not to mention just how vulnerable they are now to any sort of disruption, environmentally or politically, or the fact that they're running out of living space near the habitable parts of the country. I don't see them escaping the current situation when such a fundamental aspect of their country is so broken.
False. They said that about China too but it was wrong. Population is strength if utilized, and it isn't not because it is unmanageable but because of corruption and inequality.
@@lestrange-du-nilChina has way more resources than it needs. Even though China faces with a severe drought problem, there are still many water reservoirs on the northwest. But Egypt is literally a desert with a river on it.
@@lestrange-du-nilEgypt cannot be compared to China, Egypt is a gigantic desert with a narrow stretch of river. Most of Egypt is uninhabitable and with minute resources……..
4:24 i beg to differ current internal ports on the Nile are too ill equipped to handle any sort of shipping and there is a lack of care and maintenance for the system that goes back decades . so the nile is not a real shipping route at the moment instead its land shipping that takes place via trucks and a few expensive cargo trains
That new capital will need a huge water aqueduct. That will have an intake station along the Nile and will be a huge weakness. Sure there will be a military fort to guard it, but during times of unrest, a couple of disgruntled soldiers who look the other way, a bomb in the intake pipes…and that new capital becomes a high rise death trap.
Success seems to be connected with action . successful people keep moving . They make mistake ,but they don't quit .The stock market has plenty of opportunities to earn a decent payouts, with the rigIht skills and proper understanding of how the market works.
The world is gradually moving out of the I work for my boss era, and people who choose to be entrepreneurs are highly securing a brighter future for themselves..
What 2016 protests are you talking about? There were no protests in 2016. The reason for the massive dip in GDP in 2016 was the huge currency devaluation
On par with Pakistan, South africa and Romania, Romania with 19mil population comparing with 60m 111m or 250+.....thats a huge diference. Do Romania next please
Currently living in Egypt right now, its people are lovely but the government is really strict sometimes. Wouldnt recommended for non-arabs to come here, ESPECIALLY to big cities.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Go to invideo.io/i/EconomicsExplained and use my code ECONOMICSEXPLAINED50 to get twice the number of video generation credits in your first month.
Oh the irony
Yes, because youtube needs MORE AI spam.
Please stop promoting AI trash generators. Dislike to the video because of this add.
This App Becoming The New AD You will see in every video
@@TheTom951guitar kkkk
You perfectly explained why our country is going through such problems in one short sentence.
"What's good for the country isn't always good for it's rulers"
It explains why politics in general - within a country, regionally and globally - are so messed up.
@@recoil53 the thing is our rulers are exceptionally dumb
@@UltimateSpiderMan rulers aren't dumb they are cunning they only want their own benefit at the stake of the entire country
@@UltimateSpiderMan Maybe from your perspective. From their perspective they're still in power, so it's working. If it's dumb but it works, it wasn't dumb.
@ArawnOfAnnwn nah, I'm pretty sure they're dumb
Maybe should've mentioned the problem of military involvement in the economy, and the issues it brings.
Well, you have israel next to you and it is a militarized society, so of course to protect Egypt's independance, the military will have a large influence. It's only natural that this will happen. You can't have an entity that wants to expand next to you, while you are catching flowers all day....
The craziest part of this video is the Suez canal blockage being in 2021. I swear it was like last year
Yeah Man. It's like time is shrinking! Years become months, Months become weeks , Weeks become days, Time is flying in this era!
Yes but this was all already foreshadowed in the screenplay ; namely that 'towards the late afternoon of history , as we approach the Final Act , we shall experience loss of time, streams of accelerated time waves, Earthquakes -many many Earthquakes-
perhaps other glitches or discrepancies as well...Read the script dude @@reverentlygrim2666
Apparently the older we get the faster time moves for us
@@whatsascallion-f6lyes because we experience less and less new stuff every day that we just get used to it being a cycle and never pay attention to anything since we're just in a loop, that's why you'll remember if something weird happens that doesn't usually happen at work or if your toothpaste runs out in your morning routine.
As an Egyptian I can confidently tell you that our biggest hindrance is internal corruption
As a foreigner who lived in Egypt, I can tell you that internal government corruption combined with the victim mentality of the people and the disorganized nature of Arab culture are the biggest hindrance.
@@theplasmacollider6431 Absolutely, victim mentality.. Always blaming others for own incompetence..
It's a growing trend in developing countries..
We are not Arab lol and we don't have Arab culture bitch@@theplasmacollider6431
@@theplasmacollider6431 arab culture is not disorganized.
@@zeayd4546 It is. The proof's in the pudding.
Just spent a month in Egypt in June. Never going back! People were nice, government was incompetent and corrupt.
Incompetent corrupt government just like Indiana.
People are not nice, just a bunch of bandits...
Looks like you are paid to do so.
@@mox889paid to do what? Government officials are the first to try and scam you if you go there. And bribes are expected for anything to be done.
Don't visit the government, visit the people :)
The corruption is brutal. And it's not just at the top, everyone all the way down to the lowest worker has their hand out for a bribe. It makes other poor and corrupt countries look good in comparison. Egypt is going to need a full cultural reboot if it's going to progress past its current point.
It is not worse than Britain, as bribery and corruption are in the English genes
Usually they just resort to opening a war with someone to deflect any criticism.
You're definitely right, however, I also believe that if the corruption is managed at the top, it will have an effect on the bottom, it is only natural when the director is strict and in order the manager will likely be the same.
It’s crazy that, Egypt has a population of 100 million people
Not hard, it's actually much lesser than it could've been had the country not being corrupt since 1950, when the world had a population boom, but egypt was getting systematically impoverished for various reasons, like the brits, israel and most importantly, corruption and socialism
One of many reasons as to why the govt is ventuing out into the desert to build new cities. Not for other comical reasons as falsely claimed in the video.
@@Mohamed-bc3onThat massive military base says you are not being honest...
@jameskamotho7513 it's not a military base. It's the new headquarters of the ministry of defense, with all its branches and military colleges - hence the cheer size. I don't care if you believe me or not, but educate yourself on the matter first or ask questions before you make poor assumptions.
@@Mohamed-bc3on is it a poor assumption, or is it a conjecture based on overwhelmingly common past patterns. As the saying goes, "If it walks like a duck, sounds like a duck, it's probably a duck."
The problem with Egyptian is the same with the modern Greeks... they both live off the history of their past.
yes from egypt i say yes this is the case
"2016 protests" ?! Do you mean the devaluation of the currency in 2016? I don't believe we experienced any significant protests in 2016.
I was looking for this comment. He mentioned that not once, but twice.
There were protests in 2016 when sisi decided to hand over some islands back to the Saudis.
same comment lol he must have mixed it with 2013 these 2016 protests were pretty insignificant. I literally went and asked all my family and they all gave me the weird looks and said why would anyone remember these protests as of any significance
هو 30/6 كانت امتى؟
@@M7medKasem 2013
If Sisi weren't such a corrupt dictator, I'm sure Egypt wouldn't need another IMF loan.
There would just be another corrupt and incompetent leader.
Egypt doesn't "need" another IMF loan, el sisi sees it as free money.. because it is.. to him
tbf it's not only him. all the top government/military officials are corrupt. if he's gone he'll just be replaced by another corrupt mf.
His predecessors weren't much better.
If Egypt won’t pass to democracy or modernize it’s political system in any way then the situation will remain the same under any other dictator Egypt will ever have
I think colors on the graph at 0:32 wrong. I don't think Turkey and all Balkans economy is better then Europe :D
Or Russia's... You can tell it's wrong by seeing Syria being more wealthy than Switzerland
Noticed the same
@@ravuste learn your color Syria is no data not 25k+ although yeah they mixed 25k+ and 10k-25k
He should hire me
@@allhailderpfestor4839 probably used his sponsor
A small nitpick: Egypt doesn't have more oil/gas resources than it can consume, as stated in the video. In fact, it's facing enormous trouble extracting the gas it does have, which is not enough for its massive population in the first place. All of the gas that Egypt exports comes from other countries with pipelines to Egypt but no LNG infrastructure of their own.
I was excited that this channel finally talked about Egypt, but the research made for this video seems rushed and barely scratched the surface. There’s also a lot of random unnecessary mistakes in the video (like dates etc.), and a lot of the analysis presented seems to be copy and pasted from outdated opinion pieces.
For future videos, it’s probably a good idea to have economists from the subject country review the video before being posted.
The thing is, all of his videos suck. You just notice now because he talks about something you know more. But this is true for all of his videos! You just dont notice. Also he never talks about economy, he just reads some statista facts and gives you some basic history lessons
Provide specific instances of errors in this video, please. And cite your source
As others have said, the team is notoriously lazy with their research. You'll notice it wherever they cover your country.
@@XGD5layer depends on the video. Their Poland and Ukraine video avoided a lot of traps and mistakes most channels make, and didn't seem to make any glaring errors either
@@thetaomega7816 To be fair, if he did do an extremely in-depth analysis of the economy, it would be well over an hour.
Egypt like to live everywhere but in Egypt.
Bro just cooked his comment to medium unique.
Same can be said for India
That is true. I knew a guy from Egypt who worked in IT and came to Canada that way. I asked him why he moved from Egypt and he laughed and told me that anyone with the ability to leave there does
No wonder, because only the rich people are able to live a "good life" in Egypt!🤔 #Corruption🙄
@satisfied656 This fits well for all developing and underdeveloped countries
0:31 Green and blue are certainly in each other's place, no?
Yeah that graph is super wrong
no not at all, switzerland and Germany are famously poor whilst the balkans and Turkiye are famously wealthy.
@@AlexC-ou4ju That's the sort of attention to detail we can expect from Economics Explained.
Finally you made the Egypt video!!
Finally, I've been asking for it for months. Thank you tho
Ive been there. With the pyramids in the background all day and night.. spectacular
Let us not forget that Egypt was affected by a sharp decline in gas exports after achieving eight billion dollars in 2021 and seven billion in 2022. Egypt returned to importing gas. Also, Egypt decreased and lost six billion dollars from the output of the Suez Canal due to the Red Sea tensions, but on another level, Egyptian remittances, Egyptian exports, and foreign investment increased.
Please allow me to forget. Cmon. stop whining already. Egypt fcked up big time
Skill issue lol
Videos like this make me feel grateful to live in the West. Every nation has its problems, but things seem far more hopeful here.
yes makes better brainwashed lol
The west was built on colonization and exploitation of resources. The whole world paid the price for you "hope"
😂
It's because the West is flourishing on the suffering of other counties, especially in Africa, but this flourishment will be shifting soon. That's the cycle of life.
@@hossamnasser9717- No, that is an excuse underperforming countries come up with. You ever notice losers and failures tend to blame all their problems on someone else? Hmmm, might be a connection there
It's actually more positive than I thought !!
Because it's unbiased and real, he covered the bad and good and didn't make all black like what others do, as a guy who works in manufacturing and know that we are really growing in that sector, i a very happy that finally someone talked about out.
this is a pro gov econ outlook
he didnt talk about the civilian side of the issues in enough details or depth
Lol it really is not. The country is in much deeper trouble than he’s showing or perhaps he hasn’t done his research well enough.
4.6 out of 10 isn't good. Don't be proud
Egypt is a shadow of the ancient profile of history . An imitation less influential than being portrayed .
It's not the same Egypt the ancient kingdoms were made up of native Egyptians not arabs.
make a video of Belgium pls 🖤💛❤
That would be difficult as generations of scholars have not yet been able to define out how the heck it holds together. The latest theory is that it operates by osmosis and resonance from the surrounding countries.
Lol. That'll be easy.
A small country being overrun by north Africa and hence becomes a north African country. That's all about Belgium.
The most corrupt country I've ever visited and that's saying something having been to a lot of other poor countries
Sadly 😢
Can you explain? It doesn't rank as high on corruption indexes as other countries
Is it corruption? I heard that tipping is a big part of Egyptian culture that it puts American tipping culture to shame. You’re expected to tip everyone from street cleaners to tour guides to airport officers. Is that true?
@@nathanielzarny1176 Corruption indices are usually based on surveying business leaders and int'l experts. A tourist like OP would probably encounter more "everyday" types of corruption. Besides, it's just one person's ancedotal experiences.
What about india
9:17 the country has a longstanding enthusiasm for constructing monuments in the sand 😂😂😂
This took me out 😂😂😂
The pyramids will still be standing long after the new capital is dust
there was no major protests in Egypt in 2016, you said so twice
the protesters were in 2011-2013
Google and wikipedia beg to differ. Protests were against Al-Sisi, not the Arab Spring.
@@barrysmithers5816
Sisi tolerates no protests
@@barrysmithers5816 I'm Egyptian, there were no major protests in 2016. there were some small scale protests in Cairo and Alexandria, but it was inconsequential, so mentioning them makes no sense here, and I still believe he meant 2013 protests every time he said 2016.
In 2016 .. November the 3rd.. They Devalued the Currency .. what is miscalled " Floating Of the Egyptian Pound (our currency) " 💚💚💚🐋
@greenbee6902 was that in 2016? lol
I have been waiting for this video
Bro you better take a deep dive into explaining the economic consequences of your sponsor, which is by far the most interesting part of your video. Dead internet theory indeed.
Why do some of the best creators take sponsorships from companies whose output denigrates the concept of 'creativity'. This is just AI slop! Take less sponsor money from more dignified sources.
🤑
It's hard to resist, investors are shoveling money into the furnace with ai startup and those startups are spending crazy amounts of money. Who wouldn't want to get in on the action?
Dignity doesn't pay, and you can't pay with dignity. Can't eat it either. Or indeed anything else with it.
I'd love it of you made videos about Nigeria, Seychelles, and Botswana. Nigeria had it's independence day on the day this video was released. And well, economic frustrations has meant that it wasn't a day that was really celebrated by anyone
Great video.Can you also make a video about Uzbekistan's economy
i need an hour long analysis. This is rushed and massively simplified
BMW already has a factory here, but I don't think they are having fun dealing with the Egyptian Government at all.
Thank you for this content. Could you please suggest an Episode on Morocco?
Come on! Please don’t promote garbage video generators. There is ENOGH AI trash in Shorts already
The best part was how he cut the example short, lol. Says it all, right there.
The internet is full of bullshit but yet here we are in an education channel. Reducing cost to content creators is a good thing.
Exactly. Especially with the AI generated voices
Right before great famine in Ireland, more people lived there than in whole Egypt.
6:10 the EverGiven's blocking the Suez Canal was no accident.
Can we take a moment and appreciate how egypt's skies are always cloudy like its straight out of a movie
This guy just made a 15 minute video explaining why my country is an absolute dirtfest, and I'm here for it
Same buddy 😂
Please have a look at Ethiopia and its economy next. I believe that it would provide interesting takeaways, and I'd love to hear your thoughts on it. Thank you! I'm a fan of your content.
Crazy how ppl in the comments openly judge us based on our economy, saying we're only nice to take a punch of pennies from tourists, so if i was good it would be different if my economy is bad? How pathetic.
I did not realize Egypt had such a large population. With so much non-arable land, I thought it would be lower
But the arable land that they do have is VERY fertile. Egypt was the breadbasket of Rome!
Here is what is in my opinion a major reason why Egypt is struggling when it comes to crops:
With all the corruption I'd also like to say that farmers tend to build many many many housed on top of farming lands.
When moving or travelling around you'll find these buildings EVERYWHERE which sooner or later will lead to Egypt's full on downfall if not fixed and stopped.
You sound quite optimistic about Egypt compared to other countries like Pakistan or the Philippines...
Egypt has the pyramids
Cuz egypt have suaz canal
Pyramids Goes PppppRRRRRRRRRRR
Do tunisia next.
Nicely done. Obviously it has to be oversimplified to fit in a 15 minute video. Two major missing points are the tourism industry and the level of education of the population on the whole.
Egypt is a lovely country full of bright, creative and hardworkong people. The problem is that most people are totally unrepresented, even ignored by the system.
This is likely untrue. Considering the thousands of bad stories coming from tourists
Shut up@@bobsemple9341
Egyptian here. It's bad. Food prices have quardupled in less than a year and debt has been growing non stop. What he said about instability and corruption is both true. Since our independence we have been pushed into wars outside our borders by extremist pan-Arab leaders like Nasser for the sake of other people and in the end, Egyptians foot the bill today. Even now, pan-Arabists and Islamists still want us to join Hamas, Hezbollah and Iran in a war against one of the most sophisticated militaries on earth.
I have no hope in this place I just want to leave it.
lol i guess one day egypt either join resisstence or be forced to join ressitence economic union former fatamid lands
@@Houthiandtheblowfish Egypt should never join the axis of evil.
Nasser created the country. Without him it would have been a colonial appendage.
True, friend. Hopefully we both can leave. Trust the process, and work as hard as you can.
invideo makes slop for tiktok
Their potential is wasted because they didn't build a Bass Pro Shops pyramid
Also please discuss how Indonesia, like Egypt, has wasted its potential.
Held back by corrupt Government, religious boundaries, education, work ethic/culture and too many tourists leaving with a bad taste. Worked here for 2.5 years and have visited most of the country.
What religious boundaries?
what do you mean by religious boundaries?
Wdym religious boundaries, i live here, it's quite liberal compared to some other countries
@@LeafSouls he is just parroting something he heard somewhere
Talk about Netanyahu
if he does the video will get terminated
You cited BBC as a credible source...
isnt it?
yer because its not CNN or Fox news !
Some people no longer accept BBC as credible. It is very clearly agenda driven.
Interesting.
That AI sounded suspiciously like Ben Shapiro.
came here to say this. I'm surprised the AI didn't start monologuing about being unable to please his wife.
@@XhumpersX Hahahahaha you're so funny! So clever! Tell another joke, you should have your own special!
Ah a Ben Shapiro joke. How 'human' of you! I'm sure an AI trained on stereotypes and memes couldn't have done better...
I don't use AI. Also, here's my sponsor.
Great video as always.
Can you also do a wasted potential for bosphorus strait?
thank u for the good video
5:45 I SWEAR. we were solving a comprehension question in class and everyone said that
Please do video on Romania economy
When are we gonna get a video about Ethiopia's economy? It was the fastest growing economy in the world during the 2010's and also has a large population.
Cool vid btw, didn't know Egypt was a manufacturing hub
Long Live Egypt 🇪🇬
Charity will make that possible 💵
🇺🇲 🇪🇺 🤦♂️
@@BT-qs7id
In your dreams 😎
@@DjTahoun
It's REALITY 🤣🤦♂️
@@BT-qs7id
U r dreaming 😵💫 , Trust me
How tf is it gonna live with its current government and population? The only way Egypt will survive is when all the government resigns and a new more educated government takes charge. But that’s never gonna happen 😢😂😂😂
There are three issues, Endemic corruption, Political unstably and absence of Law.
The largest refinery in Africa is now located in Nigeria. It is also the largest single train refinery in the world.
If it works as it should, it could be a great boost to Nigeria‘s economy and maybe someday worthy of it‘s own episode on economics explained 😉
After the currency devaluation, lots of factories are moving in Egypt, especially in Suez canal economy zone. Also Massive investment in green energy. Egypt current FDI is the highest in Africa. And you are right political instability especially in the middle east is a major drive away.
انا اول مصري اجي علي الفيديو 😂😂😂
😂مش وحدك في غيرك بقينا فضيحة بسببه
الكلاحة والكسل والمفاخرة إننا مهرجين وحب الاستنصاح والكسب السريع من أصغر راس لأكبر راس والفتي والهري في أي حاجة وكل حاجة والبجاحة والعين القوية في الباطل والتهاون في حقوق الناس
بجد والله عايشين في مأساة وبلاء لن يرفعه إلا الله..
@@amrmohamed1387كل الحنا محتجينه
ان دولة عربية واحدة تقوم وتعمل نجاح باهر وتصدر نجاحها للخارج، وكل دول تقوم كdomino effect
اه والله @@amrmohamed1387
و ده في حد ذاته قمه الإعجاز العلمي بعد صباع كفته الجيش و اللواء عبعاطي
It's sad to see Egypt in such an abysmal economic state.
There's many reasons at play
It's their own fault
Please do a video on the economy of the Philippines
The Philippines 🇵🇭 is an economic basket case
Period
Just forget about it
As an Egyptian without even seeing the vid i agree , it's sad really
Realistically, a lot of Egypt's economic woes come from overpopulation. Egypt used to be the breadbasket of the Roman Empire but now has to import food. There just aren't enough natural resources in Egypt to sustain their own population. If you're struggling constantly to feed your people, relying on loans and foreign (unstable too!) grain producing regions, that is going to be a constant pressure. Having a good stable agricultural base to an economy is key, or at the very least having enough to feed yourself and ensure stability. Not to mention just how vulnerable they are now to any sort of disruption, environmentally or politically, or the fact that they're running out of living space near the habitable parts of the country. I don't see them escaping the current situation when such a fundamental aspect of their country is so broken.
False. They said that about China too but it was wrong. Population is strength if utilized, and it isn't not because it is unmanageable but because of corruption and inequality.
@@lestrange-du-nilfalse, china isn’t 97% barren desert.
@@lestrange-du-nilChina has way more resources than it needs. Even though China faces with a severe drought problem, there are still many water reservoirs on the northwest. But Egypt is literally a desert with a river on it.
@@lestrange-du-nilEgypt cannot be compared to China, Egypt is a gigantic desert with a narrow stretch of river. Most of Egypt is uninhabitable and with minute resources……..
@0:32 the colors of the graphic are reversed. Dark blue should be on the top not second from the top.
Agreed
4:24 i beg to differ current internal ports on the Nile are too ill equipped to handle any sort of shipping and there is a lack of care and maintenance for the system that goes back decades . so the nile is not a real shipping route at the moment instead its land shipping that takes place via trucks and a few expensive cargo trains
Please make an episode on Jamaica and other Caribbean nations please!!!!
Do Algeria next
Economic potential means nothing compared to 4500 years of consistent authoritarianism of one kind or the other.
Please make a video about Moldova and Belarus
That new capital will need a huge water aqueduct. That will have an intake station along the Nile and will be a huge weakness. Sure there will be a military fort to guard it, but during times of unrest, a couple of disgruntled soldiers who look the other way, a bomb in the intake pipes…and that new capital becomes a high rise death trap.
As a guy who lives in Egypt this video was so hard to watch
Success seems to be connected with action . successful people keep moving . They make mistake ,but they don't quit .The stock market has plenty of opportunities to earn a decent payouts, with the rigIht skills and proper understanding of how the market works.
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
@@AroShyti501You are right.
But I don't know why people remain poor due to ignorance
The world is gradually moving out of the I work for my boss era, and people who choose to be entrepreneurs are highly securing a brighter future for themselves..
I was hoping this day would never come 🥲
As they say of Italy - Egypt, a beautiful country, spoiled by Egyptians.
Sounds colonial ngl
@@fesyuki america, a beautiful country spoilles by americans
@@Toastryan yeah why not
Earth, a beautiful planet spoiled by humans.
@@EvanKnightIsGood Way, way too many humans...
Please cover about the country Myanmar
This is badly written
curious, would you do one about Malaysia?
0:31 the shades of green are clearly swapped out in the legend
What 2016 protests are you talking about? There were no protests in 2016.
The reason for the massive dip in GDP in 2016 was the huge currency devaluation
“At least 60% better than the Pentagon” 😂 I’m ☠️
You Made a Perfect Reason on why i should Emigrate To a Different Country
You know what else is massive?
LOOOOOOOO
On par with Pakistan, South africa and Romania, Romania with 19mil population comparing with 60m 111m or 250+.....thats a huge diference. Do Romania next please
Currently living in Egypt right now, its people are lovely but the government is really strict sometimes. Wouldnt recommended for non-arabs to come here, ESPECIALLY to big cities.
the amount of wrong information in that video made my brain lag for a second
It's true that by 2030 Egypt will become a better nation. as the government will be finally gone.
And if not, the people will remove it.
Hey since you already doing Egypt can you do South Africa and Nigeria
12:58 that is the real problem
Honestly if I was in control of the canal... I would would double or triple the lanes. You gotta mid-max the profit.
Yemen Houthis don't agree with you..
@@silverianjannvs5315 Houthis strikes European colonisers ships only as what I know
1:11
that part isn't correct yk ..
it's a way to decrease the population of Cairo .
The first map about GDP per capita, the colors are wrong
Having suez is great move... 😊... lately is lousy though because of the traffic mess from wars all over caused egypt poverty problems skyrocketing 😅
I love and support my country Egypt
@MahmoudRoshdy0
روح العب بعيد
@MahmoudRoshdy0
احسن ما اكون من قطيع الخرفان ب لية
@MahmoudRoshdy0
و انت طالعلك ل.ي.ة
يبقا غطيها
Why? It's terrible. And you likely don't even life there
@@bobsemple9341why are you going on every comment replying hateful things ? Don’t you have anything better to do troll