From Casual Scholar.

Full Video: https://youtu.be/jQQrkOF63kE

Have you ever heard of Liechtenstein, the tiny Alpine principality? Despite its small size and remote location, it has managed to become one of the wealthiest countries in the world, with a staggering GDP per capita of $170,000 and an extremely high standard of living. But it’s not exactly clear how this was achieved. From its humble beginnings as a poor and isolated valley of farmers, Liechtenstein faced numerous challenges to its development, from its harsh geography to its central location, which got it caught up in the tumultuous History of Europe. So this begs the question, how did Liechtenstein get so incredibly rich?

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