Why 60,000 People Live on a ROCK with Nothing on It? (History Explained)

Added: 2026-06-01

[00:00:00]This is easily one of my favorite geographical anomalies in the world because it seemingly doesn't make sense until you look deeper into it. In the middle of the Atlantic, there's an island that has zero natural resources, sits totally isolated, and is a literal bullseye for Hurricane Alli.

[00:00:14]Geographically, it should be a desolate rock that we collectively ignore. But instead, it's an incredibly wealthy country with over 60,000 people. Why?

[00:00:23]That's the crazy thing. If you throw this island somewhere in the Pacific Ocean, pretty much anywhere, it's just not going to hold the same value, historical influence, culture, and well, probably not the same population either.

[00:00:37]Because this tiny island placed billiondoll bets on the world's worst natural disasters. I'm Jeff and this is the incredible geographic story behind Bermuda. When most people think of Bermuda, they immediately picture the Caribbean. They imagine it sitting down near Jamaica, Puerto Rico, or the Bahamas. likely because >> the Bermuda Triangle, I'm thinking >> they share a similar name. Surrounded by tropical neighbors in calm, shallow seas. But >> keep in mind, too, what's interesting with at least Jamaica and the Bahamas is including Bermuda. Bermuda, they were all colonized by the British.

[00:01:09]>> This is a massive geographic misconception. In fact, Bermuda isn't in the Caribbean Sea at all. It's located entirely alone in the vast, seemingly endless expanse of the North Atlantic Ocean. To put its location in perspective, the closest landbass isn't another island. It's the coast of North Carolina, specifically Cape Hatteris, which sits about 650 mi or 1,50 km to the west to Yeah, bro. There's literally no reason for it to even exist. And yet, it obviously a lot of people have heard of Bermuda. That's what's the most like surprising even when it comes to Americans. Americans who are not very geographically um knowledgeable, I guess, is the nice way to put it. even they have heard of the Bermuda Triangle at the very least and they probably know that there's an island called Bermuda.

[00:01:53]>> Drive this point even further. If you were to hop in a boat and sail straight east from Bermuda, you wouldn't hit land again until you crashed into the coast of Morocco and North Africa over 3,000 mi away. There are no neighboring islands to trade with. There's no protective archipelago to break the ocean's fury. Bermuda is a lone speck in the deep blue, which begs the question, why is it there at all? And more and you got it. Well, there's a geographical uh a geological answer to that question and there's also a historical one and I can't wait to get into the historical one. This is very interesting. I feel like he's trying to show us uh give us a little sign here with the background.

[00:02:29]This is what we're talking about. This map we're going to be referencing a little bit later later on in this video that point. How does a solitary land mass just pop up in the middle of nowhere? The answer lies deep beneath the ocean surface in a violently explosive past. Bermuda is actually the very tip of a massive extinct underwater volcano known as the Bermuda pedestal.

[00:02:49]Mill classic just like Hawaii. Millions of years ago, a geological hot spot punched a hole through the Earth's crust, spewing lava and building a colossal mountain that rose 15,000 ft from the seafloor. Over time, the volcano went dormant and began to sink back down. But as it sank, something remarkable happened. Microscopic maritime organisms began building coral reefs around the rim of the sinking caldera. As the sea levels fluctuated over successive ice ages, these reefs were exposed, crushed into sand by the wind.

[00:03:18]>> I believe this is why a lot of the theory of where life stems from could be from like these deep core uh these deep lava vents and core volcano sort of structures. I mean, whatever you want to call it. That seemed crazy to me the first time I ever heard the theory. But if you look at stuff like this, you know, examples through our Earth, it's like, oh, maybe that is what's going on.

[00:03:40]and in waves and compacted.

[00:03:42]>> I don't even think that's a theory anymore. I'm pretty sure. Is that proven now?

[00:03:45]>> Limestone. So, when you walk on Bermuda today, you're not walking on volcanic rock. You're walking on the fossilized remains of millions of years of coral reefs resting high above a submerged volcanic mountain. But being an ancient coral reef comes with a severe, almost fatal geographic drawback. A drawback that should make human life here almost impossible. You see, because Bermuda is entirely made of highly porous limestone, it has absolutely zero natural freshwater resources. Think about what that means for a developing civilization there. And yet, it has 60,000 people living on it. It's crazy.

[00:04:21]>> There are no rivers to draw from. There are no freshwater lakes. There are no deep aquafers to pump drinking water from. When it rains, the water simply filters straight through the porous rock and mixes with the salty ocean water below. For a land mass located hundreds of miles from the nearest drop of fresh water. This is a geographic nightmare.

[00:04:39]You can't grow vast fields of crops without water. You can't support a massive population without water. You'd think that this sheer lack of basic survival resources would make it completely uninhabitable. Yet, >> it's funny how often uh history merges with, you know, geology basically, and we can take just the most seemingly barren landscapes, wastelands even, and turn them into something. If human beings want to do it, if there's especially an economic purpose to it, they will do it. Somehow, the people of Bermuda didn't just survive this. They engineered their way around it using a brilliantly simple architectural trick involving their white stepped roofs, something we'll talk about in a bit. But before we get to human ingenuity, we need to talk about the water surrounding the island. Bermuda sits entirely within the Saraso Sea, a fascinating region of the Atlantic and the only sea on Earth that has no land boundaries. It's defined entirely by ocean currents forming a massive slowmoving vortex.

[00:05:37]More importantly, Bermuda owes its entire climate to one specific powerful current, the Gulf Stream. Even though we're and funny enough, this is the same thing that keeps uh Europe a lot warmer on a latitude level. If you compare the latitude to Europe over to Canada, Canada is just completely frozen. You can't hold like massive civilizations over there. Uh but Europe on the same latitude obviously does do that. Bermuda sits well above the Tropic of Cancer and therefore is well outside of the tropics zone. The warm waters of the Gulf Stream flow directly past the island and give it a similar tropics-like climate as the islands have in the Caribbean. This oceanic conveyor belt acts as a massive geographic space heater, keeping Bermuda pleasant year round, and allowing those coral reefs to thrive much further north than they normally would anywhere else on the planet. But this ocean warmth is also a severe double-edged sword. Warm water is the exact fuel needed to power the planet's most destructive storms.

[00:06:32]And Bermuda's location places it directly in the firing line for North Atlantic hurricanes moving up the eastern seabboard of North America. It's all the time. I swear. I mean, hurricane season is right around the corner. For some odd reason, my little weird LA self, my, you know, California boy self is obsessed with hurricanes. Every year I'm always locked into hurricanes. I've never been a part of a hurricane. They kind of scare me. I know to the average Florida man, they're going to roll their eyes and be like, "Bruh, it ain't that scary." But I think they're scary and I think they're fascinating. I feel like uh Bermuda would be a very difficult place. Now, do I think Well, I don't I don't know. I think there's data about this, but it feels like Bermuda doesn't get hit quite as often as, let's say, our overseas territory of Puerto Rico.

[00:07:19]Maybe there's a bias because I'm obviously intaking news information from the US. So, we're more likely going to cover when Puerto Rico gets hit by a hurricane and less so, you know, when Bermuda gets hit, for example. That's probably more the UK that does that.

[00:07:33]>> A literal bullseye in the ocean. The island is routinely battered by category 3, four, and even five hurricanes. With no mountains to break the wind and no larger land masses to absorb the storm surge, Bermuda takes the full unfiltered brunt of the Atlantic's fury. by all >> and they are literally completely isolated all by themselves. They just covered that. I mean, at least, you know, when Puerto Rico gets hit, the Dominican Republic is there, you know, you got Cuba right there. You know, you got all these other fellow Caribbean nations uh in solidarity. But Bermuda's out there standing alone. A flat, isolated island with no rivers, no natural resources, and a guarantee of catastrophic storms should be a desolate rock. And for a very long time, it was exactly that. A place completely avoided by humanity. A cursed island.

[00:08:19]>> Sounds like the only people that might have colonized it. I made a reference earlier. If you threw if you slap down the island of Bermuda in the Pacific, it would just hold like much less significance, almost maybe zero. But uh you never know with the Polynesians because the Polynesians were really good at making like desolate rocks somewhere in the middle of the ocean um survivable in history at least. Unlike almost every other part of the planet, for millions of years, Bermuda sat completely alone.

[00:08:47]And when human beings finally started crossing the oceans, it stayed that way.

[00:08:51]In fact, when the Spanish sea captain Juan de Bermudz first spotted the island in 1505, he made a crucial discovery.

[00:08:58]There was absolutely no one there. Zero native population. Unlike the islands of the Caribbean, which were home to thriving indigenous civilizations, Bermuda's extreme isolation meant no humans had ever found it. It was a complete blank slate. Isn't that fascinating? Like it's so so rare that uh humans don't find an island. I mean, obviously I just mentioned the Polynesians, but obviously the the Americans eventually even got to the Caribbean, but it's just so rare that, you know, there's thousands, hundreds of thousands of years of human evolution.

[00:09:28]Uh obviously, humans were able to get all around to, well, almost every continent. I was going to say all the continents. They didn't really go to Antarctica much because it's hard to to be there. But Bermuda, one of those places that sits in between two very habitable continents. Well, the Americas, Europe, Africa, there too.

[00:09:47]There's no human beings on Bermuda, though. But surprisingly, the Spanish didn't want it. As sailors approached the island, their wooden ships were regularly ripped to shreds by the treacherous hidden coral reefs surrounding it. Those who survived the wrecks and made it near the shore reported hearing terrifying demonic shrieking echoing from the forest at night. The Spanish quickly named it the aisle of devils and avoided it like the plague. Now, it turns out the demons were actually just the loud, eerie mating calls of the native cah bird mixed with the grunts of wild pigs left behind by earlier shipwrecks.

[00:10:19]>> Bro, that would be absolutely terrifying. I don't I know it just sounds like a joke the way he's like presenting that here, but can you imagine if you just shipwrecked onto this random desolate isolated island and you're just hearing I could probably have made that sound effect a little bit better, but at night that would have been terrifying.

[00:10:38]>> At the time the island was deemed cursed and so it sat empty for another century.

[00:10:43]It would take apparently the British didn't get that memo that the island was cursed. a massive terrifying natural disaster to finally force humans to settle the aisle of devils. In 1609, an English ship named the Sea Venture was carrying colonists to the new settlement of Jamestown, Virginia. But on route, they sailed straight into a massive hurricane, taking on water and rapidly sinking. The ship's admiral spotted Bermuda and intentionally drove the vessel into the island's reefs to prevent it from going down in the deep ocean. All 150 people survived. They spent 10 months on the island building two new ships from the wreckage in native timber to finally sail on to Jamestown. But the >> I did not know this story. That's incredible. Imagine being isolated on this island for 10 months and you build another ship. Holy crap. That's insane.

[00:11:29]>> Island had made an impression. It wasn't a cursed wasteland. It was actually quite beautiful. And so a few men volunteered to stay behind to hold the claim. And by 1612, the English officially colonized Bermuda. But >> bro, you kind of have to at that point when your people ju just 150 people survive. It's saved. They get all saved after a hurricane was about to literally kill all of them. You got to colonize it. It's it's your duty. Britain >> the island was one thing. Surviving it was another. Remember >> what's ironic is this kind of begins a a trend for the British Empire of them colonizing random desolated uh islands around the world. I mean, this is one of the earliest ones, if not the earliest.

[00:12:10]I mean, maybe there were some islands off the coast of uh, you know, America and Canada, you know, cuz they're starting to get all the way over uh, starting to build the 13 colonies and get to the New World and things like that, but this is really isolated for them and they're probably like, "Hey, this is kind of nice." That total lack of fresh water we talked about, the early English colonists had to solve this geographic nightmare immediately.

[00:12:29]Their solution was brilliantly simple and it completely defined Bermuda's architecture. They began carving their roofs out of local limestone, arranging them in a distinct stepped terrace pattern and painting them white to reflect the sun and purify the water.

[00:12:43]When it rained, the steps slowed the water down, catching every single drop and funneling it into large underground sistns. Even today, it's written into Bermuda's building codes that every single house must catch its own rainwater this way. But while that is so awesome, that is that is it's not like I will say I don't feel like that's genius. That feels pretty obvious that even human beings 400 years ago could have probably gotten that idea of like, hey, what if we made our roof catch all the water coming down? We need water. It rains a lot here. Why don't we put a buck? They probably started with a bucket and then they started with like a slightly larger bucket and then maybe they started with a pool and then they're like, "What if we just put the pool on the roof?" I don't know. I don't know. I'm It doesn't feel like the most revolutionary idea ever. I'm glad the human beings eventually thought of that for the sake of Bermuda. But uh they had solved the water problem. They still had an economy problem. The colonist quickly realized that growing cash crops like tobacco was a dead end. The island was simply too small and the limestone soil was too shallow to compete with the massive agricultural plantations in Virginia or the Caribbean. If you can't >> time to rely on what most islands around the world rely on, fishing, I guess. I don't know what he's going to pick here, but fishing stuff.

[00:13:56]>> Grow things and you have no minerals to mind. How on earth do you build an economy on a tiny rock in the middle of the ocean? You turn to the ocean itself.

[00:14:04]Bermuda pivoted hard. They used the incredibly strong native Bermuda cedar to build famously fast and agile ships.

[00:14:11]They abandoned agriculture and became a maritime powerhouse. Bermudeians dominated the regional salt trade. And perhaps most intriguingly, they turned to privateeering. Essentially highly organized state sponsored piracy. For a long time, Bermuda's economy thrived on legally intercepting enemy ships and taking their cargo. But the >> It's funny how often that's how pirates worked. You know, like obviously we have things like the Pirates of the Caribbean, which enforces the idea that they're just like all pirates are just like rag tag groups of rebels that are, you know, that obviously fly under no flag. But in reality, you know, these privateeers were funded a lot of the times by other governments. full age of sale eventually ended and privateeering was outlawed once again. Bermuda was staring down economic ruin. They needed a new identity and to understand how they forged.

[00:15:01]>> Well, funny enough, the one thing I know about Bermuda now, currently nowadays, is apparently Bermuda has some of the best golf golfing in the entire world.

[00:15:09]Also, Bermuda is like a the way I see Bermuda, I've never been. I'd love to go one day. It's just like a luxury island, right? I mean, it's basically just a place where you where rich people go.

[00:15:19]And I'm sure not everybody in Bermuda is rich, but a lot of people that go are rich. Their modern empire, you have to look at exactly who owns Bermuda today.

[00:15:28]You might assume Bermuda is an independent country. It has its own flag, its own Olympic team, and its own currency, perfectly pegged to the US dollar, but it's not independent.

[00:15:37]Bermuda is still a British overseas territory, the oldest one, in fact. But their relationship with the United Kingdom is highly unusual and totally critical to their wealth. Bermuda is almost entirely self-governing. They have their own parliament which is actually one of the oldest continuous legislatures in the world dating back to 1620. They elect their own premiere.

[00:15:55]Again, I mean this is one of the first this is the when the British really got to first explore these islands that with nobody on it that was obviously very far from from their home island. Now the Bermuda is going to have a tough time if they really want to go fully independent. And I don't even know if they're going to want to ever really fully do that. I mean, because the British have obviously lost massive swaths of territory in the last century.

[00:16:19]Like since the 1950s, the the British have lost so much territory. It feels like almost every 10 years, the British are losing another island and another island and another island. What do they lose recently? Something in the Indian Ocean. I I believe that was like only a couple years ago, 5 years ago. Bermuda, I don't know if that I mean, who knows what the future will hold, but Bermuda's in a different situation for sure.

[00:16:41]>> They write their own internal laws. The United Kingdom essentially only steps in for military defense and foreign diplomatic affairs. This extreme autonomy gave Bermuda a massive geopolitical superpower. Because they could write their own local laws, they could design their own tax code. And they decided they weren't going to charge any corporate income tax. That's why I associate this so much with rich stuff, with rich things and things like that. No, no corporate income tax. Holy crap. This unique hybrid status protected by the military might and stability of the British Empire yet possessing total freedom to set their own financial rules created the ultimate loophole in the global economy. Bermuda realized they didn't need to build ships or raid cargo anymore. They just needed to provide a safe, highly regulated, untaxed harbor for the world's money.

[00:17:28]But they didn't just tax havens. That's the greatest thing that you can do as a small, very seemingly uh weak nation.

[00:17:34]Whether you're a small island, well, let's be fair, a lot of islands have decided to go about this path. I feel like Bermuda gave a lot of the islands this idea. One thing I'm thinking of right now, though, how terrifying must it have been if you lived on Bermuda during World War II. Can you imagine?

[00:17:51]Because obviously those Ubot were causing havoc all throughout the Atlantic to your home daddy back in Britain, even to America. That must have been very scary times for the uh for the people of this island. I I don't even want to I don't I can't imagine that >> become a generic run-of-the-mill tax haven. They decided to specialize. They looked at their own history at the hurricane that literally shipwrecked their founding fathers and decided to monetize the one thing they knew better than anyone else on Earth. Absolute catastrophic disaster.

[00:18:22]>> Hell yeah. Natural disasters, baby.

[00:18:25]That's so cool. Yeah, I'm sure that I was just going to add that I I just wonder how much the uh the people of Bermuda were terrified of a German invasion during World War II. Can you imagine? Imagine the I could definitely imagine the Germans thinking, "Hey, let's take Bermuda, start uh, you know, stacking enough troops over there first.

[00:18:43]That way we can invade America." Uh, obviously they'd have to, you know, probably wipe out London, take London, win the Battle of Britain before they could do something like that. But if they did, Bermuda would be a great jumping off point for the skinny mustache man to launch his, you know, man in the high castleesque scenario where the Germans actually invade uh the east coast of the US.

[00:19:04]To understand how Bermuda makes its money and finances basically its entire existence, you have to understand a concept called reinsurance. It sounds incredibly dry, but it's actually the highstakes multi-billion dollar safety net that keeps the global economy from collapsing every time the wind blows too hard. Reinsurance is very simply insurance for insurance companies.

[00:19:24]Imagine a massive category 5 hurricane slams into the coast of Florida. A regular insurance company, let's call them windy insurance, might suddenly have to pay out 100,000 claims all at exactly the same time to rebuild destroyed homes. But if Windy Insurance had to pay out all of those billions of dollars at once, they would go completely bankrupt. The homeowners would get nothing and the regional economy would be ruined. So to prevent this, Windy Insurance buys their own insurance policy. They transfer a massive chunk of their catastrophic risk to a reinsurance company. And where do the vast majority of the world's biggest property catastrophe reinsurance companies live? Right in the capital city of Hamilton, Bermuda. because of their unique British.

[00:20:04]>> This is very interesting, very ironic considering I mean I'm just thinking of my home state of California. We've had a lot of uh insurance companies actually leave the state of California because it's getting so expensive. So I I don't know if these these insurance companies have their own reinsurance out of Bermuda, but uh but apparently that's it's not enough. You know what I mean?

[00:20:25]Whatever. I'm sure that whatever insurance company Bermuda got, uh, maybe it's not entirely enough for every insurance company around the world if things are getting really out of control.

[00:20:35]>> Overseas territory status, their lack of corporate income tax, and their proximity to the United States, which has the highest concentration of expensive coastal real estate in the world. Bermuda, >> it's probably a geographical thing as well. like it's it's the home, you know, it's the insuranceances that are close by to Bermuda, the American uh you know, insurance companies that are really focused on the east coast of the US became the absolute epicenter of the global catastrophe market. When a major hurricane hits the US mainland, a devastating earthquake strikes Japan or wildfires ravage California, it's very often Bermudeian companies that are writing the checks to fund the recovery.

[00:21:10]In fact, >> well, like I said, if those insurance companies do have this reinsurance, then let me tell you, as a Californian, there's a ton of insurance companies that are leaving California. They don't even want to deal with the insurance process. And apparently, maybe it's maybe Bermuda doesn't want to try to reinsure them cuz it's just too too expensive if the biggest if a big disaster occurs. Following major recent US hurricanes, Bermudian reinsurers have paid out roughly 30% of all reconstruction claims. They're essentially acting as a giant financial shock absorber for the world's worst days. But recently, a massive global variable has entered the equation, throwing this entire business model into uncharted territory. As global warming accelerates, ocean temperatures are rising. And as we learned earlier, warm the hurricanes are becoming more and more intense. I feel like there's always a category 5 uh every single every single season. Multiple category fives, but I mean a specific big one that ends up hitting somebody over here and it's and it just devastates these countries.

[00:22:07]Water is the exact fuel that powers Atlantic hurricanes. This means natural disasters are increasing in both frequency and ferocity. We're seeing stronger storms, heavier rainfall, and more destructive storm surges. Now, you might think that more disasters would be catastrophic for a country whose entire economy is based on paying out disaster claims. But counterintuitively, it has actually made Bermuda even wealthier as global risk. This is so ironic. It's making it wealthier. But at the same time, I feel like you got to you got to think like if Bermuda gets hit with like a new category 6 hurricane or something crazy like there's no category 6, but imagine they defined a new category 6. I mean, it's it could literally wipe out all the actual life on Bermuda, even though the corporations are doing better than ever, which is so ironic, all things considered.

[00:22:57]>> Increase, standard insurance companies are panicking. They need to offload their risk now more than ever, which drives the demand for Bermuda's reinsurance products through the roof.

[00:23:06]Because the risk of catastrophic storms is higher, Bermudeian companies can charge significantly higher premiums for their coverage. They employ armies of the world's smartest climate scientists, meteorologists, and data analysts to build incredibly complex mathematical models, predicting exactly how and where a storm will hit, allowing them to price their risk perfectly. They're not gambling blindly. They're making highly calculated bets on the climate. And what does all of this macrolevel trillion dollar financial maneuvering actually mean for the everyday people living on the island? There's a very real, if tiny, human population living in Bermuda, after all. Despite its massive footprint on the global economy, Bermuda is astonishingly small. The entire island is only about 21 square miles. To put that in perspective, the entire island of Manhattan is larger than the entire country of Bermuda.

[00:23:54]>> Yeah, it wouldn't be that hard to walk.

[00:23:55]This is very ironic. I'm reminded of something that my Chinese friend once said to me. He said, uh, he's like, I feel like America is literally just a bunch of insurance companies. And, you know, obviously it's not. And he was joking. But I do think about this a lot.

[00:24:10]Obviously, we're talking about Bermuda.

[00:24:11]Bermuda is not a part of America. But damn, kind of is a little crazy how insurance companies need insurance companies. And I'm not a fan of insurance companies. I do not like insurance companies. For me, I I will always try to not get the insurance. If I don't need, you know, like being mandated to get insurance, I'm like kind of eye rolling cuz I'm just trying to think like when have I ever used insurance. And it's and even when I do got to use insurance, these fools are going to just try to do to do everything in their power to not pay out. I don't like insurance companies. Insurance companies suck. Sorry, Bermuda, but you suck. No, I'm just kidding. Living on this tiny strip of limestone is a population of roughly 64,000 people.

[00:24:50]That's the population of a minor suburb in the United States. Yet, because of this massive influx of reinsurance capital, Bermuda boasts one of the highest gross domestic products per capita on the entire planet, routinely hovering well over $100,000 per person.

[00:25:05]The wealth here is staggering. The roads are well-maintained. The infrastructure is incredibly resilient and the standard of living is exceptionally high. When a hurricane hits Bermuda itself, the island barely blinks. Look at how beautiful this island is. I think it's it's even more beautiful cuz it doesn't go that high up, but obviously the you know the the white roofs, the step roofs to collect all the all the water. I mean, yeah. And then we've talked about the number of rich people that live here. White stepped limestone houses and underground water sistns are built like fortresses and their power grids are designed to snap back into action almost immediately. But there is a catch and it's a painful one for the locals. Now, I don't know if I mentioned this, but uh yes, he was talking about briefly colonialization, colonialization. Uh Bermuda would not exist the way it exists today if it wasn't for just its positioning and the British. Well, obviously the story of the the origin story, which is such a cool origin story that it just happened to be settled because of hurricane and it saved these 150 sailors lives. But I mean Bermuda is extremely lucky to be the place that it is to be the positioning it is because even though it was isolated for thousands of years there uh it is ironic considering how important it is now and how much of a significant impact it holds over the world because it's just this random flat rock in the middle of the ocean. But this island, the map that I was talking about back there, I mean, this is a big reason why Bermuda is even a thing, why many people have even heard of Bermuda because of colonization. I mean, he briefly went into it. As you know, ships were sailing from Europe to America and back. Uh, Bermuda happened to just be this perfect position in the Atlantic, but isolated, especially perfect for the British who were colonizing specifically the 13 colonies and Canada. Like, it was just kind of a match made in heaven. Bermuda is an isolated 21 square mile rock with zero natural resources and no major agriculture. Absolutely everything has to be imported by ship or plane. Every >> I mean that's pretty typical for a lot of islands out there, but uh I'm I'm sure even more so for Bermuda.

[00:27:11]>> Drop of fuel, every piece of lumber, every car, and nearly every single piece of food you buy at the grocery store has to travel.

[00:27:18]>> It sounds like that sounds like to me this island is expensive as hell to live on. hundreds of miles across open ocean to get there. Combine that extreme supply chain cost with the massive influx of billionaire executives driving up real estate prices and Bermuda has consistently ranked as having the highest cost of living in the world.

[00:27:35]>> I can see why no one suggests that I go to Bermuda. Or at least I don't see them on a lot of lists cuz it sounds like this place is just so expensive. But man, that looks beautiful.

[00:27:43]>> Earning $100,000 a year in Bermuda doesn't make you wealthy. In fact, it barely makes you middle class. Holy.

[00:27:50]>> In the end, Bermuda is a bit of a geographic paradox. It's an island that should be unlivable. It has no water, no resources, and sits completely alone in the crosshairs of the world's most violent ocean. Yet, I like how So, my point is that this is one of my favorite geography facts of the fact that Bermuda, its geography cursed it for so long, but at the same time, it also saved Bermuda in a weird way. It just took the last 400 years for it to finally pay its dividends cuz obviously well maybe the island itself probably didn't want a whole lot of human beings living on it. But uh I guess from a human perspective uh Bermuda was hell until it became not hell and now it is the exact opposite of hell. In fact, it looks pretty nice. Through sheer human ingenuity, architectural adaptation, and a brilliant cut-throat pivot into the world of high finance risk, it turned its greatest geographic curse into its greatest economic asset. I hope you enjoyed learning all >> what a great video. Fantastic video especially to just boom that button on top that uh and everyone knows Bermudas for the Bermuda Triangle. He did not mention the Bermuda Triangle at all here. But uh just like all the lost ships and things like that, but yeah, I mean it's it's massive the the weather risk and now it's using that weather risk to get even richer. I'm so glad this channel has gotten over a million subscribers. He deserved it. He deserves it. He deserved it a lot longer ago to be honest, but he's going to keep going.

[00:29:14]I'm very excited for him. If you want me to say any name you want here, check that Patreon link in the description.

[00:29:19]>> This is not a username. This is a randomly assorted bunch of letters.

[00:29:23]Never change Drew parenthesis unless you want to pav the goat. Astron Vamp Stan Eric Perez