Why ALL Islamic Economies Are a TOTAL DISASTER

The Islamic world controls 70% of the planet's oil and a quarter of its population. By all economic logic, it should be a global powerhouse rivaling the US and China. Yet, its combined GDP is less than 9%. From the wealthy Gulf states to war-torn nations, why is this massive block struggling to thrive? Is it colonialism, conflict, or is there a deeper, hidden design flaw in their economic systems? Let's break down the silent crisis threatening the Middle East's future. 0:00 Why is the richest region on Earth so poor? 2:38 The illusion of oil wealth 4:57 What happens when religion runs the market 8:14 Why governments are terrible at business 10:22 A ticking time bomb of young people 13:16 The truth about Islamic banking 15:36 Why the smartest people are running away 18:05 The countries on the edge of collapse 20:25 Why even the richest states are panicking Sources: https://pastebin.com/xBRxd6pY Attributions: https://pastebin.com/NspRuhrB