English Learning for Curious Minds

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Summary

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.

Show Notes

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


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More about Leonardo English and the English for Curious Minds podcast

Learning English shouldn't be boring. It should open your mind.

English Learning for Curious Minds is a podcast aimed at intermediate level English speakers and above, where listeners learn fascinating things about the world while learning English.

There's no small-talk, no boring grammar exercises or vocabulary drills.

You'll learn English by listening, by hearing real conversations and real English, spoken by native speakers, and at a speed you can understand.

You can become a member of Leonardo English and get access to every podcast, transcripts, key vocabulary, and be able to participate in members-only live sessions.

Discover a more interesting way to improve your English at leonardoenglish.com/subscribe

What is English Learning for Curious Minds?

Are you looking for a more interesting way to to learn English?

English Learning for Curious Minds is where you can learn English from native speakers while learning fascinating things about the world.

Every episode comes with a transcript & key vocabulary and is spoken at a speed you can understand.

Join listeners from 155 countries and discover the most interesting way to improve your English while expanding your mind.

Find the bonus episodes, transcripts, key vocabulary, and learning materials at www.leonardoenglish.com