Comments by "" (@shauncameron8390) on "Why Poor Countries Have So Many Natural Resources - VisualEconomik EN" video.

  1.  @Eoin-B  North Korea never had vast natural resources. And their poverty was largely due to over-reliance on Soviet aid and the government's heavy-handed control as local industry gradually declined rendered unable to efficiently or adequately feed itself.
    2
  2. Exactly.
    1
  3. Mostly by its own government.
    1
  4.  @GoldenBoyDims  Europe had the technology and manpower to carry it out.
    1
  5. China only started prospering when it reformed its economic model. The UAE and Qatar are dependent on foreign migrant labor and US military protection
    1
  6. The Philippines make lot of money from remittances.
    1
  7. So many minerals but no technology or human ingenuity to make any good use of them.
    1
  8. The natural resource curse doomed the Spanish Empire and the USSR.
    1
  9. No. Nigeria has been corrupt since forever.
    1