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AltSimplified
United Kingdom
Приєднався 8 тра 2020
You have an interest in economics, we want to help you explore that passion with engaging economics videos.
We help you connect the dots in the world economy, answering the big questions with the little details, for those with a passion for economics.
We're all about sharing reasons, rationale and back stories to economic events. Providing you with an impartial, informed view in an easy to follow and simplified video.
If you are an economics enthusiast, subscribe and join us for a new video every fortnight.
We help you connect the dots in the world economy, answering the big questions with the little details, for those with a passion for economics.
We're all about sharing reasons, rationale and back stories to economic events. Providing you with an impartial, informed view in an easy to follow and simplified video.
If you are an economics enthusiast, subscribe and join us for a new video every fortnight.
How China made its own Vegas
Macau is 3 times larger than Vegas by gambling revenue, peaking at 7 times larger in 2014. Home to more than 35 casinos which operate under 7 concessions.
Consistently having one of, if not the highest GDP’s per capita, Macau’s economy grew at an insane 80% in 2022-23, registering one of the highest economic growth rates in the world.
The former Portuguese colony has become wealthier than Hong Kong, Singapore or Dubai, all through gambling!
#Macau #vegas #China #Casinos #Macao
-- TIMESTAMPS --
0:00 Intro
2:29 Why does Macau even exist?
4:06 How did Macau get into gambling?
6:09 Tycoons role in Macau's gambling?
13:39 Outside impacts on Macau?
15:37 How China made Macau bigger than vegas
19:01 Who paid the price for Macau's success?
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NEWSLETTER
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Facebook: Altsimplified/
Twitter: altsimplified
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📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.
📘Asian Godfather: amzn.to/45LfPkR
📘"Debt: The First 5000 years": amzn.to/3z0oljm
🎙The mic we use to record: amzn.to/3xnQksU
Consistently having one of, if not the highest GDP’s per capita, Macau’s economy grew at an insane 80% in 2022-23, registering one of the highest economic growth rates in the world.
The former Portuguese colony has become wealthier than Hong Kong, Singapore or Dubai, all through gambling!
#Macau #vegas #China #Casinos #Macao
-- TIMESTAMPS --
0:00 Intro
2:29 Why does Macau even exist?
4:06 How did Macau get into gambling?
6:09 Tycoons role in Macau's gambling?
13:39 Outside impacts on Macau?
15:37 How China made Macau bigger than vegas
19:01 Who paid the price for Macau's success?
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
NEWSLETTER
Ripple Report: ripplereport.beehiiv.com/subscribe
Follow AltSimplified on Social media:
Facebook: Altsimplified/
Twitter: altsimplified
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.
📘Asian Godfather: amzn.to/45LfPkR
📘"Debt: The First 5000 years": amzn.to/3z0oljm
🎙The mic we use to record: amzn.to/3xnQksU
Переглядів: 13 154
Відео
Why Kenya is Africa's Middleman
Переглядів 79 тис.2 роки тому
Kenya's economy is the fourth largest economy is Sub-Saharan Africa, receiving billions in investment to act as a regional transport hub. Raising the question of whether Kenya is the gateway of East Africa? Over 80% of Rwanda and Uganda's exports flow through Kenya's roads and rail. Making infrastructure mega-project's like the Standard Gauge Railway and LAPSET key to its future. Alongside regi...
Economy of Pakistan: China's Big Gamble?
Переглядів 320 тис.2 роки тому
Pakistan's Economy has received $60 billion of investment from China through the China Pakistan Economic Corridor or CPEC. One so invested in China’s Belt and Road Initiative it’s been labelled a flagship country, yet one which has claimed no less than 22 loans from the IMF over the years. Balancing a rapidly growing population against a series of economic challenges. In the first few decades o...
Why the Great Recovery FAILED
Переглядів 10 тис.3 роки тому
What time in human history do you think coincided with the greatest economic recovery? Over one hundred years ago, the aftermath of WW1 led to roaring 20s. Particularly in the United States. As the nation’s total wealth doubled, the consumer society became mainstream and mass production really kicked off. Yet that didn’t end well. Wall Street’s main stock market index crashed nearly 90% from Se...
How Mexico is the World's Slowest Emerging Market?
Переглядів 129 тис.3 роки тому
The Mexican Economy is the second largest in Latin America and ranks amongst the top 15 world wide by GDP alone. For more than four decades, it’s been considered a leading Emerging market. A future economy to watch. Yet at the same time, Mexico appears to be stuck in the dreaded Middle Income trap. Growth between 1990 and 2019 averaged 2.4% per year, half the standard Emerging Market rate. Rais...
How Canada became a Quiet Success
Переглядів 78 тис.3 роки тому
The Canadian Economy is a paradox, highly advanced but dependent on natural resources. As the world’s second largest country, land has always played a huge role. Though over time, this has led to speculation over just how dependent Canada’s Economy is on land directly, possessing the third largest oil reserves in the world and increasingly, a booming housing market. Raising some key questions. ...
What Happened To The UK's Oil Wealth? Norway’s Opposite
Переглядів 512 тис.3 роки тому
What Happened To The UK's Oil Wealth? Norway’s Opposite
Here's Why Skyscrapers Are A Recession Indicator
Переглядів 11 тис.3 роки тому
Here's Why Skyscrapers Are A Recession Indicator
America's Quiet Wealth Crisis, Middle Class Collapse
Переглядів 68 тис.3 роки тому
America's Quiet Wealth Crisis, Middle Class Collapse
The Economy of Portugal: A Never Ending Recovery?
Переглядів 207 тис.3 роки тому
The Economy of Portugal: A Never Ending Recovery?
The Economy of Egypt: Repeating History?
Переглядів 172 тис.3 роки тому
The Economy of Egypt: Repeating History?
World's Largest Migration: Economics of Chinese New Year
Переглядів 21 тис.3 роки тому
World's Largest Migration: Economics of Chinese New Year
Why Australia's Economy Is The Wonder Down Under
Переглядів 140 тис.3 роки тому
Why Australia's Economy Is The Wonder Down Under
The Economy of Iceland: How Did Iceland Recover?
Переглядів 34 тис.3 роки тому
The Economy of Iceland: How Did Iceland Recover?
The Economy of Spain: World's Greatest Bubble?
Переглядів 864 тис.3 роки тому
The Economy of Spain: World's Greatest Bubble?
The Economy of Thailand: More than Tourism?
Переглядів 142 тис.3 роки тому
The Economy of Thailand: More than Tourism?
The Economy of Poland: European Tiger?
Переглядів 464 тис.3 роки тому
The Economy of Poland: European Tiger?
The Economy of Malaysia: Middle Income Trapped?
Переглядів 343 тис.3 роки тому
The Economy of Malaysia: Middle Income Trapped?
The Economy of Germany: Power Of The Mittelstand
Переглядів 178 тис.3 роки тому
The Economy of Germany: Power Of The Mittelstand
How Did Singapore Become So Rich? Singapore's Economic Secrets
Переглядів 1,2 млн3 роки тому
How Did Singapore Become So Rich? Singapore's Economic Secrets
Economy of the Philippines: Rising or Underperforming?
Переглядів 305 тис.3 роки тому
Economy of the Philippines: Rising or Underperforming?
How Vietnam Became An Economic Miracle?
Переглядів 404 тис.3 роки тому
How Vietnam Became An Economic Miracle?
How the Global Economy Could Look Without OPEC?
Переглядів 18 тис.3 роки тому
How the Global Economy Could Look Without OPEC?
India's Economy: Economic Superpower?
Переглядів 321 тис.3 роки тому
India's Economy: Economic Superpower?
Indonesia's Economy: The Next Economic Superpower?
Переглядів 867 тис.3 роки тому
Indonesia's Economy: The Next Economic Superpower?
Why Greece's Economy Never Recovered? (2020)
Переглядів 189 тис.3 роки тому
Why Greece's Economy Never Recovered? (2020)
Will Bangladesh be the Next China? A Story of Bangladesh's Economy (2020)
Переглядів 1,1 млн3 роки тому
Will Bangladesh be the Next China? A Story of Bangladesh's Economy (2020)
How China Avoided Recession in 2020.
Переглядів 57 тис.3 роки тому
How China Avoided Recession in 2020.
Saudi Arabian Economy: Economic Crisis?
Переглядів 173 тис.3 роки тому
Saudi Arabian Economy: Economic Crisis?
Economy Of Lebanon: Explaining The Lebanese Crisis
Переглядів 58 тис.3 роки тому
Economy Of Lebanon: Explaining The Lebanese Crisis
Pakistan main problem is political instability and internal relations between Pakistan army and pentagon.......
And we had jomo kenyatta who made kenya developed??😅
Really awesome video. You must have noticed that I follow your videos regularly and share them with my friends but we noticed that there are some reasons why your videos don't get enough views like comments which I am going to show you if you are interested.
Sure, always appreciate feedback. Feel free to leave a comment
Fascinating!👍
Glad you liked it 😎
Enjoyed the video however the question is where do you come in and how do you envisage helping the situation Thank you
Macau is a nation!? The host must have failed both geography and history.
Hey! thanks for the comment. A nation can mean many things, but I guess I was going off the definition in the oxford dictionary with the or as a conjunction "a large body of people united by common descent, history, culture, or language, inhabiting a particular country or territory."
Macau a nation of 650,000? 😂😂😂😂😂
I never left Greece during the crisis and I never regretted it We have our issues but we have also our strengths
Your videos are really awesome and your content ideas are very good.
Glad you like them!
@@AltSimplified Thanks
Welcome back after 2 years but where were you bro...
I started a family and I'm now ready to dedicate more time to making videos. Lots of great infographics and animations lined up! Next video out end of next week
👍👍
👍
Macau SAR of the PRC is 3x bigger in gamble bussiness the merry-Las Vegas.
It's amazing isn't it! Depending on the year up to 7 times 🤯
Good explanation/// SG
Hmm but Macau is not really a country. It’s more of an autonomous area.
That's right, it is now. Back in the 90s it was fully financially self sufficient under Portuguese control
Welcome back after 2 years🎉 but where were you???
Thank you! I started a family 🥳 a few more videos lined up in the coming weeks.
@@AltSimplified waiting for those awesome videos
Next one early July 🥳
@@AltSimplified 👍🤗
@@AltSimplified Can't wait!!
Awesome video, thank you ❤
You're welcome Frederik!
Welcome back legend🎉🎉
You're the legend! Let me know what topics you're interested in. 🎉
@@AltSimplified was wondering if you'll continue the US states economy series or expand it to other countries subdivisions?
I will be! With a slight twist
Yo the legend is back!
You're the legend for watching! Let me know what topics you're interested in for future videos 🎉
@@AltSimplified off the top of my head: - rise of crypto, financial revolution or bubble? - Russia, a war economy and impact of sanctions - China's housing and population crisis - Japan's stagflation - Brazil forever next superpower - effect of deglobalization - the effect of colonisation on Africa's development with trust issues and ethnic wars - migration crisis in New-Zealand, young people seeking the australian dream Thanks for asking. Hopefully some ideas are interesting
You've almost hit the nail on the head with one of these topics! Next video out, end of next week.
OG here too, glad to see you're back! Excited for more videos. :)
Welcome back OG! Buckle up'!
Now I know where the word cheating came from 😀
Don't hate the player, hate the game!
We-lie We-cheat We-steal. The USA aka IOU-country.
Have a question? 🤔 Drop a comment and I'll get back to you 👍😎
Finally after 2 years a video. I have been waiting forever ❤❤❤
Hi greg! Good to see you - hope you like the video and the new graphics. I backed ended a load of charts and maps - enjoy!
@@AltSimplifiedIt’s been a good video so far. I think your channel will grow fast again. Loved your old videos too by the way. I just started re-watching them a few months ago.
Too kind! Don't forget the easter egg when you get to the end ;)
@@AltSimplifiedIs the Easter egg about the Manila being super crowded? I think I definitely missed it though😢
That's a fair guess 🙃
We Malaysians dying for free visa so that we could bring our family travel the entire China our life time, forget about western traveling
What's the update now? 😂
Find out in the next video, being released Friday 🎉
Easy corup
All those idiots making comments criticizing Spain, especially Spanish, what makes even less sense, i would recommend you to travel more and see all the shit around in neighbour countries. Spanish economy the biggest bubble? The biggest bubble is in your brains, a bubble of air and stupidity.
Brilliant Video
The answer is simple. Usury.
💎 Ares Capital Corporation (ARCC) 💎
Baby new born 1 day year throwing in garbage trash bag
70 million people no job no food no housing living
Tanzania is developing very first because of the powerful control Chama Cha Mapenduzi CCM holds over Tanzania. The US has been controlled by just one party sometimes called Democratic party or Republican party, So is Britain with the Monarch and the house of the Lords. What we call Democracy being imposed in Africa is a tool of division, sabotage and foreign control it's in fact Demoncracy, Moneydocracy or Fake Democracy. No country will ever develop with this kind of leadership "One idiot One Vote!" This is an Imprisoned, corrupt kind of Leadership. No country has ever developed with this kind of Leaderships,, talks, lies, corruption, little action just a survival mode full of SABOTAGE!
Planning Works
Al saud family net worth is more than a trillion
Good honest govt who cares... Of course the good locations helps
can they do it without coal?
unlikely... but find out whose doing just fine without coal this saturday. New video ;)
and then covid…post covid.
Q. Will Labour party proposed sovereign wealth fund be taking from UK private pensions funds?
Bẻoe you write thí artical about Communist VN .Do you know hơ many China businesss man control the economic of VN ? Do you know that Vinfast electronic car control by Red China .I think you rêcived money from VN communist just likes Joe Bidden bribery rêcived money from Red China .It í s ashamed
Bitcoin is not that volatile and it can be cold traded. It also increases in value so it is biased to foccus on losing a percentage. Markets are volatile no matter what.
老實說 自古以來 新加坡的人才不多 新加坡是小國 今日的繁榮 能撐多久 去看泉州府港 曾是世界第一大商港 是色目人建立和經營的大港 今天呢 它在哪了 今日的新加坡 明日變泉州港 新加坡人才懂多少呢 看懂英文 讀了英文書 就能救新加坡嗎? 新加坡 會有一天 敗落下來 新加坡人能救嗎? 論危機意識 能防禦明日的厄運嗎? 新加坡人的眼睛 昏花了嗎? 老是批判台灣 論述局勢 能躲避明日的危機嗎? 我看 新加坡人才少 台灣的蠢才 都比新加坡人強
Egypt 3 years later💀
ALL COMING FROM MALAYSIAN THE SINGAPORE BECOME RICH FOR STARTED