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cardboardunderwear t1_j838oyc wrote

Just by reading the article it sounds like this:

The UK, Australia, and New Zealand had joint control over Nauru. They mined the fuck out of it using chinese labor. In 1964, Australia felt guilty and said we'll move all you guys to another island. Nauru said screw that noise and became independent in 1968.

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Timbo_007 t1_j83namh wrote

Also Nauruans became rich as fuck during the mining boom, lived way beyond their expenses, had so much money they blew it on completely insane investments like financing crap musicals and a government palace for a population smaller than the average village, have now the highest diabetes rate in the world

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TheFightingImp t1_j84sgn8 wrote

Someone watched the Half As Interesting vid on Nauru's financial troubles.

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Timbo_007 t1_j85p1dh wrote

Nope. I got this from a documentary they showed on german television a couple years ago

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