#62: The Resource Curse

⚡️⚡️⚡️  Black Friday Sale ⚡️⚡️⚡️Special link: https://bit.ly/BlackFridayELFCM25💰  Save 20% AND unlock €500 in English-learning challenges⏳  Limited availability⏱  Ends 23:59, Sunday, November 30th---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 & conflictWhat happens to your currency when you export natural resourcesGovernment accountability & politiciansEquatorial Guinea (and the $600M president)Prices that change a lotDid 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 ---You might like:🖤 Black Friday Sale (20% off AND €500 in English-learning challenges) ⚡️  How To Use Podcasts Like A Boss To Learn English📧 Join the weekly newsletter---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 الإنجليزية

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