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#62: The Resource Curse

#62: The Resource Curse

English Learning for Curious Minds | A More Interesting Way To Learn English vor 6 Jahren

When a country finds gold, oil or diamonds, you might think this would be a good thing. But in many cases, it is a curse for that country, and it would have been better off leaving its natural resources in the ground.

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When a country finds gold, oil or diamonds, you might think this
would be a good thing.

But in many cases, it is a curse for that country, and it would
have been better off leaving its natural resources in the ground.

In today's episode we cover:

Expression: "to strike gold"

Wars & conflict

What happens to your currency when you export natural
resources

Government accountability & politicians

Equatorial Guinea (and the $600M president)

Prices that change a lot

Did the resource curse cause the fall of the Spanish empire?

Countries that disprove the rule

"The devil's excrement"

Full transcript and key vocabulary available on the website:
www.leonardoenglish.com/podcasts/the-resource-curse

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Keywords: Learn English, vocabulary, lessons, idioms,
aprende inglés, idiomas, aprender inglês, apprendre l'anglais,
imparare l’inglese, ingilizce öğren,英語を習う, تعلم
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