17 min listen
Eritrea Is the Worst Economy on Earth
ratings:
Length:
17 minutes
Released:
Feb 15, 2024
Format:
Podcast episode
Description
We've talked about some incredibly poor countries on this channel before, but perhaps nothing as bad as the small East African country of Eritrea. This country is a complete military dictatorship, and has been called the North Korea of Africa. There are no free markets. No trading partners. Their debt to GDP ratio runs very high for one reason only: their country is in a critical region of the world for international shipping. But life really couldn't be much worse in Eritrea.
Released:
Feb 15, 2024
Format:
Podcast episode
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