Australia stands as an exemplary success story—prosperous, secure, and filled with opportunities. However, a closer examination reveals a fragile framework dependent on unsustainable sectors, skyrocketing housing prices, and increasing inequality across generations. In this video, we delve into the true narrative of Australia’s economic success, the precarious dependencies it maintains, and why tackling these issues could prove quite challenging. Is Australia genuinely thriving, or simply skilled at masking its shortcomings?
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17:11
How Poland Is Quietly Winning the Economic Game
While Europe struggles with debt and stagnation, Poland is booming—the fastest-growing major economy on the continent! How did Poland transform from a broken USSR satellite into a tech and military powerhouse? We explore its smart moves—slow privatization, EU funds, innovation—and risks like debt and brain drain. Can it overtake Germany or France? Watch to find out! Subscribe for more economics made simple.
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16:39
Introducing: Tools & Weapons Podcast
Sharing an excerpt of a podcast we’re enjoying, Tools and Weapons, from Microsoft Vice Chair and President Brad Smith. Tools and Weapons explores technology’s impact on our changing world. To celebrate 50 years of Microsoft, Brad is hosting exclusive conversations with the company’s CEOs, where they share their take on the company’s legacy and its AI-fueled future. In this clip from the podcast, Bill Gates takes Brad back to the days when computing power was precious, and explains why Tools & Weapons Podcast his and cofounder Paul Allen’s idea about software was so revolutionary at the time. Find this in-depth conversation and many more by searching for Tools and Weapons wherever you get your podcasts, or visiting https://news.microsoft.com/tools-and-weapons-podcast/.
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3:33
How The Finance Industry Destroys Economies
Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it’s made billions while leaving us questioning its worth. We unpack its core role—connecting capital to land, labor, and ideas—and how it fueled the Industrial Revolution and consumer credit. But today’s mega-banks, high-frequency trades, and info gaps are sucking value dry, boosting inequality instead. Featuring insights from Rana Foroohar (Financial Times) and Warren Buffett’s casino warning—watch if finance is a tool or a trap!
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17:37
In Defence of DOGE
US debt hit $36 trillion—117% of GDP—and DOGE aims to cut $2 trillion from yearly spending. Madness or masterstroke? We’re here to argue why it could work. The 1993 cuts sparked a rare surplus—proof it’s doable. Yes, today’s economy leans hard on government spending (35% of GDP), and high interest rates sting, but America’s unique leverage might just hold. Watch to see why DOGE deserves a chance and what’s at stake.
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On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.
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