Comments by "ToughAncientSpark" (@freetolook3727) on "Economics Explained" channel.

  1. Eritrea doesn't have an economy, doesn't have any natural resources, worst living conditions... But they have guns! 💥😂
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  2. The price of gas shot up and there were "shortages", even though there was an ample supply of gasoline after the ransomware attack on the pipeline.
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  3. $15 for a transaction fee is bullshit. It only hurts the poor and banks know it. It should be a sliding scale fee or percentage. The same charge for $100 as $100 million is criminal.
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  4. In times of need, you can get by without toilet paper.
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  5. % of GDP is misleading. Even though Eritrea spends three times the GDP as the US, the actual amount is a fraction of what the US spends.
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  6. "You will own nothing and be happy about it." That's basically the philosophy of the Chinese communist party.
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