#62: The Resource Curse

✨  Learn English with AI Challenge Special Offer
📆 Ends 23:59 Tuesday, 31st March
---
Find out more: https://dripl.ink/xKgjZ
---

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

---

You might like:

🔓 Unlock bonus episodes, interactive transcripts, subtitles & vocabulary lists

✨ 5 Powerful Tips for Learning English with Podcasts (Faster & Effectively!) [YouTube]

📹 A look inside Leonardo English membership

📧 Join our FREE 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