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Speaker 1: Ridiculous Histories, a production of iHeartRadio. Welcome back to the

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Speaker 1: show Ridiculous Historians. Thank you, as always so much for

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Speaker 1: tuning in. Let's hear it for the Man, the myth,

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Speaker 1: the legend. Super producer mister Max Williams tag us out. Indeed,

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Speaker 1: we are returning to our ongoing exploration, our continuing mission

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Speaker 1: to learn more about the funny little things called micro nations.

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Speaker 1: I'm Ben your nol and where are we traveling to today?

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Speaker 2: To a principality? All right, no less than a prince,

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Speaker 2: not a king though, right like it's weird Monaco. We're

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Speaker 2: talking about Monico. Many people might know it as a

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Speaker 2: vacation destination for the rich and famous. It might conjure

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Speaker 2: images of fine foods, spreads of caviat and chacouterie boards

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Speaker 2: and such, and gambling, copious gambling.

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Speaker 3: Right.

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Speaker 1: For many people, Monaco, the world's second smallest country, is

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Speaker 1: often thought of as a little more than a race

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Speaker 1: track and a very fancy casino. It turns out Monaco,

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Speaker 1: which has been an obsession of mine for quite some time,

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Speaker 1: is the most densely populated country in the world. In fact,

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Speaker 1: it's got a lot of well, depending on the metrics.

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Speaker 1: It's got a lot of strange, anomalous, neat little statistics.

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Speaker 1: But if you look at it on the map, Thistle,

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Speaker 1: this little thing right there between Italy and frank As,

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Speaker 1: one of your first questions would be, how did this

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Speaker 1: tiny town become a country? Out of all the tiny

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Speaker 1: towns in the world, why this one? Why not Piughkeepsie.

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Speaker 1: And it turns out there's a reason for that. You're

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Speaker 1: absolutely right. No, it is still ruled by a family

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Speaker 1: monarchy style, ruled by the Grimaldi family. It's a picturesque

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Speaker 1: little coastal nation. We set us best known for the

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Speaker 1: casino and the racetrack. Maybe a better way to think

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Speaker 1: of it is it's best known for the tourism it

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Speaker 1: attracts and for being home to so many very wealthy,

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Speaker 1: famous people who love not paying taxes.

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Speaker 2: Oh man, that was actually news to me, the idea.

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Speaker 2: I mean, we know about tax shelters and tax havens

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Speaker 2: and offshore accounts, but no, the principality of Monaco got

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Speaker 2: rid of the income tax at a certain point, which

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Speaker 2: we'll talk about historically. But speaking of history, the term

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Speaker 2: crossroads of history often comes up. It's a little bit cliche,

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Speaker 2: but It really is kind of true when it applies

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Speaker 2: to Monaco. The Ligurians were an ancient people who actually

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Speaker 2: settled Monaco, and they did because you asked about why

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Speaker 2: this little town, why this little slice of land, They

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Speaker 2: settled it because it was a very strategic location of

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Speaker 2: something called the Rock of Monaco. An evidence of this

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Speaker 2: occupation by the Ligurian people was actually discovered in some

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Speaker 2: cave paintings in what is called the Saint Martin's Gardens.

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Speaker 2: They were a clan of mountain dwellers. They were very

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Speaker 2: hard workers, they were builders, and they were also very

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Speaker 2: good at managing resources. The website of the official website

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Speaker 2: of Bonico's Tourism Board referred to them as possessing great

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Speaker 2: frugality and also they point out of that is a

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Speaker 2: trade that the people of Monaco carry on to this day.

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Speaker 1: Yeah, the Monogasque, they're called m O n E g

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Speaker 1: A s q u E. It's always kind of an

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Speaker 1: art and as science to me when when we in

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Speaker 1: English try to figure out what the citizens of a

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Speaker 1: place are called or what they refer to themselves as. Now,

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Speaker 1: the Ligurians were from north like a northwestern area of

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Speaker 1: modern day Italy. And if we look at the sixth century,

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Speaker 1: we'll see that the Phosacians vocations I hope I'm saying

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Speaker 1: that not too incorrectly.

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Speaker 2: P h. O. C.

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Speaker 1: A E A n. S. Of Massalia founded a colony

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Speaker 1: they called Monoikos that became a hugely important port on

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Speaker 1: the Mediterranean coast. And if you look at the Greek

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Speaker 1: translation that that roughly means single house, and that's that's

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Speaker 1: not because there was just one house there, one huge

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Speaker 1: It's not that Monaco was always super small. It's because

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Speaker 1: they wanted to enforce this idea of self reliant, self

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Speaker 1: sufficiency and sovereignty. And there are a lot of ancient

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Speaker 1: myths about this which I love. Like Hercules was one

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Speaker 1: of the most famous original patrons of modern day Monaco.

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Speaker 1: He passed through the area. I was watching some really

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Speaker 1: fascinating documentaries about this. There's not actually a temple to

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Speaker 1: Hercules that people have found in the area, but there

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Speaker 1: may be one. We probably will never know because the

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Speaker 1: area is so densely populated and the soil is so

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Speaker 1: rocky that it's unlikely they're going to make any excavations

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Speaker 1: to find one.

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Speaker 2: Yeah, it could be hidden in them their hills, and

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Speaker 2: there is a port. The largest port of the region

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Speaker 2: is named the Port of Hercule. And once again, adding

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Speaker 2: to the whole crossroads of history, Vibe Julius Caesar is

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Speaker 2: said to have stopped in Myoikas after he finished his

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Speaker 2: campaign in Greece during the Gaelic Wars. And of course,

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Speaker 2: once the Western Roman Empire collapsed in four seventy six,

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Speaker 2: Monaco was then kind of pillaged by the Saracens and

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Speaker 2: other barbarian tribes. Then in nine seventy five, once those

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Speaker 2: invaders were driven from the lands, the area was reclaimed

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Speaker 2: by you guessed it, the Ligurians.

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Speaker 1: They love the place, you know what I mean. They're

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Speaker 1: like peas and carrots with Monaco, which I'm sure they said.

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Speaker 1: And you can catch a lot of Easter eggs about

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Speaker 1: Monaco in Forrest Gump, the novel, not the film. No

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Speaker 1: One fact check us. Monico is in fact older than

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Speaker 1: France by five hundred years, almost half a millennium. And

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Speaker 1: if you looked at it centuries ago, you would see

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Speaker 1: that Monica was about eighty percent larger than it is today.

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Speaker 1: As soon as we mentioned France, we stumbled as something

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Speaker 1: that a lot of people here in the US might

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Speaker 1: be confused about Monaco is not part of France. Now,

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Speaker 1: historically it had been part of France, but in twelve

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Speaker 1: fifteen it became a colony of Genoa due to a

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Speaker 1: land grant from Emperor Henry the sixth And this is

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Speaker 1: when the Grimaldi family settled in Monaco in twelve ninety seven,

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Speaker 1: and ancestors of that family have controlled the principality of

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Speaker 1: Monaco for over seven hundred and fifteen years.

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Speaker 2: Now.

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Speaker 1: If you think about it, you could say Monaco is

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Speaker 1: a family business, and the current prince probably wouldn't get

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Speaker 1: mad at you for saying that.

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Speaker 2: Yeah, this is interesting to me because you know, we

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Speaker 2: think of royal lineages and all of that and God

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Speaker 2: given rights to govern and all of that and to

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Speaker 2: lord over underlings. But it's a little unusual, I guess,

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Speaker 2: for like a not previously considered to be royalty family

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Speaker 2: is sort of granted that status sort of overnight, right,

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Speaker 2: unless I'm misreading this, where the Grimaldi's just sort of like,

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Speaker 2: you know, a moneyed family that was was gifted this

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Speaker 2: land and then decided to make themselves monarchs or how

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Speaker 2: does that work exactly?

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Speaker 1: They won it in a game of horse, which is

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Speaker 1: very popular, which is a very popular predator basketball.

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Speaker 4: Of course, she finished runner up in that competition, and

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Speaker 4: I am still yeah, yeah, you guys were not talking

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Speaker 4: about it on air, but I guess we're doing.

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Speaker 1: This well, we're cooking live. Sorry, Max, but it's time

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Speaker 1: that people learn the truth. So Monaco is without sounding

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Speaker 1: to anti monarchists or anti royalty, which I very much am.

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Speaker 1: Part of this goes back to the fact that it

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Speaker 1: was considered impossible or ungot or barbaric for a country

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Speaker 1: not to have a royal family ruling it of some sort,

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Speaker 1: and then the idea of rightful claim to land almost

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Speaker 1: always went back to the ability to conquer it. But

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Speaker 1: let's let's get into this because they are the oldest

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Speaker 1: ruling house in Europe from twelve ninety seven up to

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Speaker 1: twenty twenty three as we record this podcast, and for

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Speaker 1: a long time their rulership was going to be phased

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Speaker 1: out if they didn't produce airs. There's a lot of

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Speaker 1: pressure to deliver on the Grimaldi clan. It wasn't until

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Speaker 1: two thousand and two that France made a new treaty

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Speaker 1: or modified their existing agreement and they said okay, if

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Speaker 1: the Grimaldi family doesn't have airs, Monaco can still be

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Speaker 1: independent because for years and years and years, the deal

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Speaker 1: was that if you are a Gramat and you don't

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Speaker 1: have kids and there are no Grimaldi's to rule Monaco,

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Speaker 1: boom France takes over. And this feels like it was

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Speaker 1: kind of a ad hoc solution, you know, where they said, Okay,

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Speaker 1: you the Grimaldi family, you did a good job, but

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Speaker 1: when you're done, we're going to return to the state

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Speaker 1: of affairs as it stands. But yeah, you ask a

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Speaker 1: great question. So here's what happened. This guy named Malisia,

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Speaker 1: which in Italian translates to the gunning Francois Grimaldi. He

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Speaker 1: plays this huge role in a conflict. There's civil strife

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Speaker 1: in Genoa between these two big deal families. A lot

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Speaker 1: of people take refuge in Monaco.

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Speaker 2: Because of that strategic location. Right, there's a fortress up there. Yeah,

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Speaker 2: it looks really really cool too. Do check it out online, folks,

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Speaker 2: if you get a chance. It looks neat. So there

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Speaker 2: are these families, the Guilf family and the Gibbelin family.

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Speaker 1: What do you think.

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Speaker 2: No, yeah, I was gonna say maybe Guelf and Gibbelini,

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Speaker 2: But I think we're probably both parking our cars in

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Speaker 2: the same garage as our friend Chuck would say.

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Speaker 1: Chuck Bryant, how from stuff you should know recently appeared

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Speaker 1: on one of Scott Ackerman shows. I think on Scott

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Speaker 1: hasn't seen, which is their film show. So the guilf

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Speaker 1: family has some members hiding out in Monaco, and there's

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Speaker 1: this guy named Grimaldo. He is the son of Otto Canela,

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Speaker 1: who is the consul of Genoa, and he begins this

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Speaker 1: family in eleven thirty three. He says, we're going to

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Speaker 1: start a new house, the House of Grimaldi. So the

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Speaker 1: Grimaldi family already exists before a lot of the strife occurs.

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Speaker 1: But in twelve ninety seven, this guy, Francois the Cunning

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Speaker 1: Grimaldi dresses up as a Franciscan monk alongside his cousin

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Speaker 1: and him and his crew capture the Rock of Monaco.

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Speaker 2: Yeah yeah, making a demonstrating his namesake, the Cunning. He

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Speaker 2: was a man of many disguises. After he passed away

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Speaker 2: in thirteen oh nine, Francois Grimaldi was succeeded by Ranier

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Speaker 2: the First and then his son, Charles Grimaldi. He would

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Speaker 2: go on to be known as Charles the First is

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Speaker 2: considered by history to be the true founder of the

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Speaker 2: Principality of Monaco. And maybe we should take a second

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Speaker 2: to talk about what a principality is versus a monarchy.

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Speaker 1: Yeah, well, think about the root words, right, A principality

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Speaker 1: versus a monarch. Key, one is ruled by monarch, one

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Speaker 1: is ruled by a prince. I know it sounds so

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Speaker 1: so simple, but we're not being snarky here. That's really

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Speaker 1: what it means.

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Speaker 2: Yeah, I thought there maybe was more to it than that,

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Speaker 2: but that makes perfect sense. So he founded as Charles Grimaldi.

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Speaker 2: Charles the First founded the Principality of Monaco, and he

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Speaker 2: grabbed up a couple more lands, the lands of Minton

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Speaker 2: and Roque Rochebrune, Roche Brune. Oh my goodness, where these

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Speaker 2: are the prince pronunciation minefield here today we're doing our best, folks,

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Speaker 2: working live as you say, ben, So this actually added

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Speaker 2: some area to the region. Charles the First also took

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Speaker 2: on an important part in the court of the at

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Speaker 2: the time, the King of France, Regnier the Second, actually

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Speaker 2: never went to Monaco at all, and he just divided

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Speaker 2: up the lands between his sons Ambrose, Jean and Antoine.

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Speaker 1: Oh and let me know here, for any anybody in

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Speaker 1: the crowd is feeling a little bit pedantic today. You

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Speaker 1: can be a prince, and I guess still be a monarch.

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Speaker 1: It's just you're not the king. There's not a king

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Speaker 1: of Monico. There's only a prince of Monico. So that

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Speaker 1: would be the big, the big difference.

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Speaker 2: And I wonder is that like by design, because you know,

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Speaker 2: the kings don't want there to be more kings. You know,

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Speaker 2: this is France, it has a king, and Monico is

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Speaker 2: so closely tied to France and so geographically connected that

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Speaker 2: maybe it would feel in some way diminishing for there

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Speaker 2: to also be another king in such close proximity.

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Speaker 1: I wouldn't point to a fantastic article by at least

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Speaker 1: Taylor over on Vogue Monico has princes and princesses, but

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Speaker 1: why no kings and queens? And in this article, which

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Speaker 1: I think is a great exploration of this, the author

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Speaker 1: points out that Monaco has always had to ally itself

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Speaker 1: with other larger countries that already have a king and

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Speaker 1: or queen. So they decided originally to call themselves a principality.

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Speaker 1: The rulers of Monaco style themselves as prince and princess.

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Speaker 1: That way, it is less of a threat. It does

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Speaker 1: make them more patentable as kind of a vassal or

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Speaker 1: client state.

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Speaker 2: Got it, so I wasn't too far off the mark.

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Speaker 2: So it's basically just about keeping the monarchs happy and

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Speaker 2: making sure everyone plays nice together. No one gets too

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Speaker 2: big for their kingly or princely breaches.

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Speaker 4: Right, And to jump in here, if we remember with Andorra,

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Speaker 4: there was actually co princess of Andorra. It's like that

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Speaker 4: one guy that bishop in Spain and then the now

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Speaker 4: president of France are the co princes fairs because it

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Speaker 4: was a protectorate as well. I think it's probably a

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Speaker 4: protectorate like how it's work throughout the you know, centuries

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Speaker 4: of this whole deal going on.

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Speaker 2: Max with the fact that seek in the fons and

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Speaker 2: he's fallen knowledge just for ye right now here with

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Speaker 2: the fact.

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Speaker 1: And Jean the first who dies in fourteen fifty four,

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Speaker 1: is succeeded by his son Catalan, which we'll we'll get

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Speaker 1: to it in a future episode.

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Speaker 2: Baby Uh.

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Speaker 1: Catalan's daughter Claudine marries a Grimaldi from the Antibs or NTBs,

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Speaker 1: a n tip Es branch named Lambert, and under this rule,

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Speaker 1: Lambert's rule, it's Monaco gets recognized as independent by King

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Speaker 1: Charles the eighth of France in fourteen eighty nine. This

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Speaker 1: is a huge, huge deal. It's almost two hundred years

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Speaker 1: after our boy Francois the cunning first captured the fortress

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Speaker 1: over there on the rock. And every time I say it,

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Speaker 1: I think of Sean Connery. I hope I'm the only

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Speaker 1: one ridiculous historians. The Grimaldi's finally get sovereignty over this

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Speaker 1: principality geopolitically. It's quite a coup, and the Genoese are

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Speaker 1: not happy about this. They keep trying to take over Monaco.

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Speaker 1: Fast forward, Louis the twelfth confirms Monaco's independence again. He

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Speaker 1: creates an alliance between the Princess of Monaco that's just

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Speaker 1: Prince plural and the King of France. And then they

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Speaker 1: just keep trying to play the great nations off.

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Speaker 2: Of each other, right because of their kind of you

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Speaker 2: know situation tucked there between those nations, and Max with

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Speaker 2: the Facts just a minute ago brought up the idea

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Speaker 2: of a protectorate. So I'm wondering, like, you can a

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Speaker 2: place be a protectorate and a principality at the same time.

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Speaker 2: I think the answer is yes, right, because at this point,

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Speaker 2: because of the disputes with the French authorities coming to

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Speaker 2: an end, Monaco was then placed under the protection of Spain.

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Speaker 2: Am I getting that right? Max?

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Speaker 3: Yes? I think you're getting it very right.

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Speaker 1: If I could also answer the question, A protectorate is

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Speaker 1: any state that's controlled or protected by another so it

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Speaker 1: can have its own any kind of internal government. It

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Speaker 1: doesn't have to necessarily be like a monarchy. It doesn't

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Speaker 1: have to be, you know, a communist state. It doesn't

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Speaker 1: have to be a democracy or an autocracy. It's just

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Speaker 1: any kind of client state, you know. And sometimes protectorate

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Speaker 1: can be a dirty word, as in the rulers of

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Speaker 1: a protectorate may not want to be called that to

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Speaker 1: their faces, and they'll say no, no, we're allies. And

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Speaker 1: then you say, oh, when's the last time you made

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Speaker 1: a decision the US didn't want you to make? Right

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Speaker 1: in the days of the Cold War the Soviet Union.

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Speaker 2: The idea of offering protection also implies somewhat of a

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Speaker 2: shakedown sometimes, right like you know, in mafia terms. If

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Speaker 2: you're paying people are paying you for their protection. They're

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Speaker 2: basically paying you not to mess them up and take

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Speaker 2: their stuff, you know what I mean.

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Speaker 4: It's like, yeah, yeah, yeah, we'll protect you, but you

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Speaker 4: should probably do these things, these ways that we want

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Speaker 4: you to do.

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Speaker 2: Be a shamed of something happened to your little micronation

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Speaker 2: over there.

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Speaker 1: And they're not all created equally, right in the case

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Speaker 1: of some previous relationships, geopolitically, protectorate might just be paying

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Speaker 1: a yearly tribute, or they may have total autonomy on

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Speaker 1: their own eternal affairs, and it's just understood that the

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Speaker 1: larger state, the protecting state, will be obligated to jump

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Speaker 1: in militarily, or it could be absolutely domb needed. And

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Speaker 1: it could be you know, it could be a parasitic

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Speaker 1: relationship with the protector state taking up resources right, oppressing

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Speaker 1: the people and their you know, their ability to speak

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Speaker 1: freely and so on. I mean, the issues are, it

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Speaker 1: is a good question. The issues are that a protector

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Speaker 1: does not one size fits all. And Monaco knew they

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Speaker 1: needed to be allied with larger forces, right, and they

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Speaker 1: didn't always get along with these larger forces. There were

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Speaker 1: disputes with authorities in France that resulted in Monaco being

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Speaker 1: placed under the protection of Spain, and dealing with Spain

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Speaker 1: was expensive. Spain put a lot of financial burden on Monaco.

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Speaker 1: They had to pay for the expense of sheltering a

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Speaker 1: Spanish garrison in the fortress for more than one hundred

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Speaker 1: years starting to fifteen twenty four, and the whole time

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Speaker 1: the Grimaldi's low key are saying, we got to keep

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Speaker 1: having kids. This is all over if we don't keep

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Speaker 1: having kids, which is not the most I don't know,

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Speaker 1: maybe it's kind of romantic in a weird succession way.

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Speaker 1: Maybe they've got some slow music playing, which means there

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Speaker 1: would have to be other people in the room, and

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Speaker 1: they're like, my darling for the principality.

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Speaker 2: If that's what you're into. Sure. So, speaking of kids,

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Speaker 2: we've got Lambert Grimaldi de Aantibus, who had three sons

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Speaker 2: very similarly to him to the previous three sons we mentioned, Jean,

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Speaker 2: Lucien and Augustin. Lucien's son Honorary the first, then had

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Speaker 2: two sons, Charles the second and Hercule. With that Hercules

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Speaker 2: name dropped there, he Lucien, that is enjoyed a relatively

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Speaker 2: peaceful rn near the end of his lifetime. But his

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Speaker 2: two sons, who ruled us in the succession, you know,

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Speaker 2: one after the other, did not do a particularly good

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Speaker 2: job in keeping that peaceful situation. Moving forward.

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Speaker 1: Yeah, it's it's a real game of thrones kind of

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Speaker 1: thing these Whenever you're ruling a country, you're in deep water.

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Speaker 1: So his sons didn't sit in the catbird seat for

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Speaker 1: very long. But what you need to know for this

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Speaker 1: is that in sixteen twelve, Erkle's son On the second

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Speaker 1: was given the title Prince of Monico for the first time.

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Speaker 1: This has become the official title of Monico's rulers, and

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Speaker 1: it's passed on to successors this day. Let's skip ahead.

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Speaker 1: So that's some of the ancient basic history. A lot

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Speaker 1: of other stuff happened, but we want to introduce you

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Speaker 1: to Prince Regnier the third in nineteen forty nine. This

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Speaker 1: guy took the throne of Monaco and he married a

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Speaker 1: beutiful American actress, Grace Kelly in nineteen fifty six. May

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Speaker 1: be familiar to some sin of files in the audience,

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Speaker 1: and this guy played a huge role in making modern Monico.

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Speaker 1: As we know it today.

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Speaker 2: Yeah, and it was also like I mean, it kind

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Speaker 2: of created the image of the kind of celebrity driven

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Speaker 2: version of Monico. I mean it was really now kind

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Speaker 2: of part and parcel with the idea of American culture.

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Speaker 2: You know, Grace Kelly was a huge movie star, you know,

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Speaker 2: one of the biggest, and now for her to essentially

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Speaker 2: become royalty of Monico, this was fodder for the tabloids.

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Speaker 2: You know, this was very much like a front page

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Speaker 2: story that really kind of upped the cachet of the

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Speaker 2: micro nation, at least in terms of the eyes of

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Speaker 2: you know, sort of like the way we maybe think

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Speaker 2: of Ibitha or something. Now, you know that Monaco really

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Speaker 2: was starting to get that kind of vibe. I mean

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Speaker 2: it had been for some time, but it was maybe

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Speaker 2: a little bit more of a if you know, you know,

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Speaker 2: now everyone kind of knew.

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Speaker 1: Yeah, and Grace Kelly was functioning, I would argue in

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Speaker 1: real way as an ambassador for the tiny nation of Monaco.

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Speaker 1: They also, because there's still Grimaldi's remember, they also have

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Speaker 1: to have kids. So they have three children, Caroline, Albert,

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Speaker 1: and Stephanie. The youngest princess. Stephanie gets a lot of

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Speaker 1: ink in tabloids and you know, the the rags that

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Speaker 1: comment on celebrities. For her time as being a singer

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Speaker 1: of Fashion Model Party Girl in the nineteen eighties, she's

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Speaker 1: sort of a proto Kardashian, I would argue anyway, our

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Speaker 1: buddy Prince R also does some important legal work. He

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Speaker 1: reforms Monaco's constitution. He is buffering the economy and he says,

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Speaker 1: he says, look, we depend entirely too much on gambling.

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Speaker 1: When Prince R three, I want to call him when

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Speaker 1: he comes into his power. Nine percent of Monico's entire

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Speaker 1: revenue is coming from gambling. Imagine if ten percent of

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Speaker 1: the revenue from the US came from gambling. Anyway, they

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Speaker 1: knock it down to about three percent as the years

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Speaker 1: go on. Unfortunately, Grace Kelly passes away in a car

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Speaker 1: accident in nineteen eighty two, and the celebrity watchers of

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Speaker 1: the world, the royal watchers of the world, are absolutely shocked,

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Speaker 1: you know, and of course our thoughts go to the family.

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Speaker 1: It doesn't matter who you are in the world. Losing

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Speaker 1: someone to a car accident, Losing someone suddenly to any

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Speaker 1: accident such a tragic thing too.

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Speaker 2: In the prime of their life for sure. I mean,

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Speaker 2: you know, I don't believe there was any kind of

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Speaker 2: conspiracy attached to this like there was in this other case.

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Speaker 2: But it was very much a Princess Diana kind of

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Speaker 2: situation where you know, the world mourned, you know, the

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Speaker 2: death of Grace Kelly, not only because she was this

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Speaker 2: iconic Hollywood figure, but also because she had taken on

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Speaker 2: this kind of whole other image, you know, of being

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Speaker 2: an actual, actual facts princess, you know, I mean that's

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Speaker 2: sort of what every young girl dreams of and dreamt

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Speaker 2: of in those days. And maybe it's a little bit

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00:26:12,080 --> 00:26:15,280
Speaker 2: cliche now, but you know, back in the forties and fifties,

398
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Speaker 2: the idea of you know, being carried away by a magical,

399
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Speaker 2: charming prince, you know, that was the stuff of like

400
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Speaker 2: Disney movies, and this was a real life case of that.

401
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Speaker 2: And to have that person taken you know, in such

402
00:26:28,520 --> 00:26:32,520
Speaker 2: a shocking and sudden manner, was you know, truly a

403
00:26:32,680 --> 00:26:35,160
Speaker 2: tragedy you don't seen that way. And then really everyone

404
00:26:35,320 --> 00:26:39,359
Speaker 2: mourned kind of collectively, but the prince did go on

405
00:26:39,920 --> 00:26:43,600
Speaker 2: and maintained a positive reputation, you know, as a ruler.

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Speaker 2: He was very much respected. He lived to a ripe

407
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Speaker 2: old age when he passed away in two thousand and five,

408
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Speaker 2: at which point his son, Prince Albert the second assented

409
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Speaker 2: to the throne.

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Speaker 1: So we've sort of eaten our vegetables of tragedy here.

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Speaker 1: Let's look at something that probably fascinates everyone who's heard

412
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Speaker 1: about Monaco, the history of the casino. It wasn't until

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Speaker 1: eighteen fifty six that Charles the third of Monaco granted

414
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Speaker 1: a concession to a couple of guys, a couple of

415
00:27:22,520 --> 00:27:28,680
Speaker 1: French guys, Albert Aubert and Napoleon Lingois. Again we're not

416
00:27:28,920 --> 00:27:33,760
Speaker 1: French speakers, to establish what was called a sea bathing

417
00:27:34,040 --> 00:27:37,840
Speaker 1: facility to treat various diseases. These were very popular in

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00:27:37,920 --> 00:27:40,800
Speaker 1: the eighteen fifties or in the eighteen hundreds in general,

419
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Speaker 1: the idea that different climates could help with chronic conditions.

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Speaker 1: And then they said, also you can build a what

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Speaker 1: they called a German style casino in Monaco.

422
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Speaker 2: Well, we might think of now as just like a spa,

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Speaker 2: like a resort town or whatever. And then the ad

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Speaker 2: the casino that's just kind of taking it to a level.

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Speaker 2: A German style casino that was new to me. I

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Speaker 2: guess I've never really thought about that, but I think

427
00:28:07,400 --> 00:28:11,320
Speaker 2: casinos have been you know, legal and very popular in

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Speaker 2: Germany for much longer than in other parts of the world.

429
00:28:15,760 --> 00:28:19,359
Speaker 1: Yeah, I'm not too familiar. I was looking at this,

430
00:28:19,600 --> 00:28:22,520
Speaker 1: I was not too familiar with what a German style

431
00:28:22,680 --> 00:28:27,600
Speaker 1: casino would be, but it seems that most German casinos

432
00:28:27,760 --> 00:28:31,399
Speaker 1: historically offer all the stuff you would associate with a

433
00:28:31,520 --> 00:28:37,160
Speaker 1: James Bond film blackjack, baccer, rat, hungry, hungry, hippo roulette,

434
00:28:38,120 --> 00:28:41,440
Speaker 1: one of those is probably not true go fish and

435
00:28:42,040 --> 00:28:48,120
Speaker 1: the the the initial casino Shambo Rochambeau, of course, and

436
00:28:48,600 --> 00:28:52,640
Speaker 1: then estimating how many marbles are in a jar, the

437
00:28:52,760 --> 00:28:56,840
Speaker 1: sport of kings and carnies, and just just to quickly add,

438
00:28:57,840 --> 00:29:02,880
Speaker 1: Germany does possess two of the world's oldest casinos, and

439
00:29:03,560 --> 00:29:08,320
Speaker 1: Roman soldiers in ancient Roman times actually brought gambling to Germany,

440
00:29:08,480 --> 00:29:11,360
Speaker 1: so I mean they were kind of the prototype for

441
00:29:11,560 --> 00:29:16,840
Speaker 1: commercial scale gambling parlors. This is at your feet, This

442
00:29:17,000 --> 00:29:21,000
Speaker 1: is on you Roman Empire, Germany's gambling brothers sandaled feet.

443
00:29:21,600 --> 00:29:25,840
Speaker 1: The initial casino in Monaco is opened in La condemen

444
00:29:26,160 --> 00:29:30,840
Speaker 1: in eighteen sixty two, but it wasn't a success right away.

445
00:29:31,320 --> 00:29:34,800
Speaker 1: Its present location is in an area called the Caves

446
00:29:34,880 --> 00:29:38,720
Speaker 1: of Monte Carlo, and it happened. It's kind of like

447
00:29:39,240 --> 00:29:43,600
Speaker 1: underground Atlanta here in our fair metropolis, a place that

448
00:29:43,840 --> 00:29:48,320
Speaker 1: just keeps moving and people keep trying to reinvigorate it

449
00:29:48,440 --> 00:29:52,400
Speaker 1: and make it cool again. This casino seemed like a

450
00:29:52,480 --> 00:29:55,680
Speaker 1: good idea. Everybody was on board with it. By everybody,

451
00:29:55,760 --> 00:29:59,560
Speaker 1: we mean the rulers. But it was not an overnight success.

452
00:30:00,120 --> 00:30:04,000
Speaker 1: To move around a lot. And this prominence of the

453
00:30:04,120 --> 00:30:08,240
Speaker 1: casino actually grew slowly over time because for quite a

454
00:30:08,360 --> 00:30:13,440
Speaker 1: while the area was pretty inaccessible for most Europeans. But

455
00:30:13,960 --> 00:30:18,320
Speaker 1: we'll learn how the casino became such an important part

456
00:30:18,400 --> 00:30:19,160
Speaker 1: of the economy.

457
00:30:19,640 --> 00:30:24,520
Speaker 2: Absolutely, And you know, sometimes inaccessibility or you know, things

458
00:30:24,640 --> 00:30:27,200
Speaker 2: being kind of like I isolated in some way can

459
00:30:27,440 --> 00:30:31,080
Speaker 2: lend an air of exclusivity, but then you know, you

460
00:30:31,200 --> 00:30:33,080
Speaker 2: kind of you also need to be able to get there,

461
00:30:33,240 --> 00:30:36,840
Speaker 2: right So we talked about the Caves of Monte Carlo

462
00:30:37,360 --> 00:30:41,960
Speaker 2: in La Condamine, but it was not until the Society

463
00:30:42,320 --> 00:30:46,000
Speaker 2: de Bank de Mare opened what is now known as

464
00:30:46,080 --> 00:30:49,000
Speaker 2: the Monte Carlo Casino in eighteen sixty three. It is

465
00:30:49,120 --> 00:30:51,800
Speaker 2: kind of the iconic version of this thing. They had

466
00:30:51,800 --> 00:30:55,760
Speaker 2: an ideal location that was rife for kind of creating

467
00:30:55,880 --> 00:31:00,720
Speaker 2: that resort kind of type town, you know, a perfect spot, hotels,

468
00:31:01,360 --> 00:31:05,360
Speaker 2: the arts, you know, and of course the casino. It

469
00:31:05,520 --> 00:31:09,160
Speaker 2: was still a little bit difficult to reach, but that

470
00:31:09,240 --> 00:31:12,880
Speaker 2: would soon change in eighteen sixty eight when a link

471
00:31:12,960 --> 00:31:17,640
Speaker 2: to France's railway system was added, and this turned out

472
00:31:17,720 --> 00:31:21,400
Speaker 2: to be absolute pay dirt because now it was easy

473
00:31:21,480 --> 00:31:24,640
Speaker 2: to get there was never geographically that far. It was

474
00:31:24,800 --> 00:31:28,080
Speaker 2: just kind of nestled in those rocky, you know, fortressy

475
00:31:28,320 --> 00:31:30,600
Speaker 2: kind of hills. Now you were able to get there

476
00:31:30,680 --> 00:31:36,040
Speaker 2: by rail and that created a absolute influx of tourists

477
00:31:36,200 --> 00:31:37,880
Speaker 2: coming to experience it.

478
00:31:38,240 --> 00:31:43,080
Speaker 1: The casino was such a hit that the Grimaldi family

479
00:31:43,600 --> 00:31:48,840
Speaker 1: looked around in eighteen sixty nine and said, hey, why

480
00:31:49,160 --> 00:31:52,320
Speaker 1: do we even need to get people to pay taxes?

481
00:31:52,360 --> 00:31:54,520
Speaker 1: If they live here, they don't have to pay income

482
00:31:54,720 --> 00:31:57,760
Speaker 1: tax here. Come on, it's Monaco. We want them in

483
00:31:57,840 --> 00:32:01,720
Speaker 1: the casino, not dealing with I'm dealing with the tax man.

484
00:32:02,120 --> 00:32:04,280
Speaker 1: And the only reason they could afford to do this

485
00:32:04,640 --> 00:32:08,479
Speaker 1: was because the casino was such a runaway hit. As

486
00:32:08,560 --> 00:32:15,480
Speaker 1: someone who doesn't personally I'm not personally a gambling sort.

487
00:32:16,640 --> 00:32:20,120
Speaker 1: I'm fascinated. I'm fascinated by it and his and we

488
00:32:20,200 --> 00:32:24,440
Speaker 1: can see that this is a huge economic boost, right

489
00:32:24,520 --> 00:32:27,520
Speaker 1: they realized this is the crown jewel of their economy

490
00:32:27,560 --> 00:32:28,080
Speaker 1: at the moment.

491
00:32:28,400 --> 00:32:35,200
Speaker 2: But why just offer that? Like were they being pressured

492
00:32:35,920 --> 00:32:38,160
Speaker 2: in some way to get rid of it? Like it

493
00:32:38,280 --> 00:32:41,200
Speaker 2: just like surely it wasn't just an act of benevolence.

494
00:32:41,800 --> 00:32:44,800
Speaker 2: It created a feedback loop. We'll we'll get into it

495
00:32:45,360 --> 00:32:46,320
Speaker 2: in just a bit.

496
00:32:47,160 --> 00:32:50,680
Speaker 1: The it has a lot to do with the demographic

497
00:32:50,800 --> 00:32:55,520
Speaker 1: of the people who were taking aspersage in Monaco. Yeah,

498
00:32:55,640 --> 00:32:57,800
Speaker 1: so we'll get to that sect. But like, okay, in

499
00:32:59,120 --> 00:33:04,400
Speaker 1: nineteen eleven, our buddy Prince Albert one who was most

500
00:33:04,480 --> 00:33:07,080
Speaker 1: famous for the old school telephone prank? Do you have

501
00:33:07,200 --> 00:33:08,360
Speaker 1: Prince Albert in a can?

502
00:33:09,160 --> 00:33:11,480
Speaker 3: I don't think it was more famous for the piercing.

503
00:33:12,840 --> 00:33:14,280
Speaker 2: Well he did.

504
00:33:14,480 --> 00:33:19,040
Speaker 1: He did invent several canned goods and piercings. No one

505
00:33:19,240 --> 00:33:24,680
Speaker 1: fact checked that. I can't believe Special Prince Albert he

506
00:33:24,840 --> 00:33:29,800
Speaker 1: had the lip penile, didn't invent that. And also a

507
00:33:29,880 --> 00:33:32,600
Speaker 1: big thank you again to all the all the cool

508
00:33:32,680 --> 00:33:36,880
Speaker 1: teachers who play this show as part of their curriculum.

509
00:33:37,080 --> 00:33:37,840
Speaker 1: Thank you, folks.

510
00:33:39,280 --> 00:33:42,120
Speaker 2: No, it was hold on, it was uh, let's see,

511
00:33:42,200 --> 00:33:44,600
Speaker 2: let's go to MythBuster. I just I gotta know, just

512
00:33:44,640 --> 00:33:46,920
Speaker 2: to make case. Yeah, this is educational for everyone. In

513
00:33:47,000 --> 00:33:50,680
Speaker 2: case anyone's interested, we're talking about a very strategically located piercing.

514
00:33:50,920 --> 00:33:53,800
Speaker 2: It was Prince Albert of the United Kingdom. Too many

515
00:33:54,000 --> 00:33:55,480
Speaker 2: princes of the same name.

516
00:34:02,120 --> 00:34:07,120
Speaker 1: Not to malign the Monicas. Prince Albert he is the

517
00:34:07,240 --> 00:34:12,600
Speaker 1: one who adopts the first Constitution for Monaco, and he separates,

518
00:34:13,000 --> 00:34:17,440
Speaker 1: He makes a separation of power executive, legislative, judiciary. This

519
00:34:17,760 --> 00:34:23,320
Speaker 1: can sound boring, but the thing is it's incredibly important

520
00:34:23,400 --> 00:34:28,000
Speaker 1: because otherwise they could be ruling as absolute monarchs, which

521
00:34:28,040 --> 00:34:33,120
Speaker 1: would be pretty dangerous for the people of Monaco. Another

522
00:34:33,239 --> 00:34:38,040
Speaker 1: important political development the Treaty of Versailles in July nineteen eighteen.

523
00:34:38,120 --> 00:34:40,640
Speaker 1: A lot of people have heard about the Treaty Versailles,

524
00:34:40,719 --> 00:34:43,960
Speaker 1: but one thing you may not know about it is

525
00:34:44,120 --> 00:34:51,200
Speaker 1: that it gave limited French protection over Monaco and said, basically,

526
00:34:51,440 --> 00:34:56,200
Speaker 1: you run your indoors, your internal affairs, and we will

527
00:34:56,320 --> 00:35:00,879
Speaker 1: take care of your outdoor votes the wider world vote

528
00:35:01,160 --> 00:35:04,560
Speaker 1: Monico gets a vote in the United Nations, it just

529
00:35:04,640 --> 00:35:07,120
Speaker 1: pretty much is always what France wants.

530
00:35:07,640 --> 00:35:12,400
Speaker 2: Right, and that's you know, not exactly mandated, you know,

531
00:35:12,640 --> 00:35:16,239
Speaker 2: I mean there's the illusion of autonomy there, right, ben

532
00:35:16,760 --> 00:35:19,239
Speaker 2: But it's just more like, yeah, you know, if you

533
00:35:19,320 --> 00:35:21,680
Speaker 2: know what's good for you, right, Yeah.

534
00:35:22,000 --> 00:35:25,560
Speaker 1: And the rubber hits the road. In World War Two,

535
00:35:26,000 --> 00:35:31,520
Speaker 1: when Monaco is trying to remain neutral in the Italian

536
00:35:31,800 --> 00:35:39,000
Speaker 1: Army invades and occupies occupies the country. The leader of

537
00:35:39,040 --> 00:35:42,359
Speaker 1: Italy at the time, Benito Mussolini, one of the only

538
00:35:42,520 --> 00:35:47,160
Speaker 1: bad bins in history. Yeah, he spoiler. Things do not

539
00:35:47,320 --> 00:35:49,960
Speaker 1: go well for him, thankfully, and.

540
00:35:50,080 --> 00:35:53,040
Speaker 2: When is anything like dragged behind a vehicle or something

541
00:35:53,120 --> 00:35:54,240
Speaker 2: like that the streets.

542
00:35:54,520 --> 00:35:58,200
Speaker 1: It did not end well. It was not dignified. After

543
00:35:58,480 --> 00:36:03,200
Speaker 1: his regime topples and Italy, Monico is occupied by Nazi Germany.

544
00:36:03,400 --> 00:36:07,879
Speaker 1: Maybe they just heard about the casinos. Prince Louis did

545
00:36:07,960 --> 00:36:12,000
Speaker 1: something really cool and the people of Monaco deserve a

546
00:36:12,040 --> 00:36:16,040
Speaker 1: lot of credit for this. Prince Louis the Second used

547
00:36:16,360 --> 00:36:21,400
Speaker 1: the police of Monaco to warn Jewish inhabitants if they

548
00:36:21,440 --> 00:36:26,000
Speaker 1: were being marked for arrest by the Gestapo and allowed

549
00:36:26,080 --> 00:36:30,000
Speaker 1: them invaluable time to escape with their lives. And they

550
00:36:30,040 --> 00:36:33,920
Speaker 1: were many people who lived there of a Jewish descent

551
00:36:34,040 --> 00:36:37,279
Speaker 1: were able to escape due to the assistance of the

552
00:36:37,360 --> 00:36:42,719
Speaker 1: king and the police. Eventually the Americans came and liberated

553
00:36:43,120 --> 00:36:47,879
Speaker 1: the principality. So even in the even in these very

554
00:36:48,000 --> 00:36:53,120
Speaker 1: opulent places, World War two hit hard, and I just

555
00:36:53,200 --> 00:36:56,920
Speaker 1: wanted to take some time and shout that action out because,

556
00:36:57,000 --> 00:37:01,440
Speaker 1: you know, as a person who is against the absolutely

557
00:37:01,640 --> 00:37:07,600
Speaker 1: terrible idea of monarchies and royal rule, it's so incredibly commendable.

558
00:37:07,880 --> 00:37:11,040
Speaker 1: Dare I say noble to see a positive action taken.

559
00:37:11,520 --> 00:37:13,799
Speaker 2: Yeah, And you know, I mean, obviously there are tons

560
00:37:13,840 --> 00:37:17,560
Speaker 2: of problems inherent in monarchies, but I would argue better

561
00:37:17,640 --> 00:37:20,120
Speaker 2: than fascism most of the time. I guess that you

562
00:37:20,239 --> 00:37:23,200
Speaker 2: can't have fascist monarchies though let's not get it twisted,

563
00:37:23,520 --> 00:37:25,920
Speaker 2: but like if you have a monarchy that is more

564
00:37:26,000 --> 00:37:28,839
Speaker 2: or less operating with the benefit of the people in mind,

565
00:37:28,840 --> 00:37:31,200
Speaker 2: which you know, there were certainly those, and there were

566
00:37:31,200 --> 00:37:34,360
Speaker 2: obviously certainly those that were completely self serving and did

567
00:37:34,440 --> 00:37:38,520
Speaker 2: not give to shakes about the people. But it's cool

568
00:37:38,560 --> 00:37:42,120
Speaker 2: to see folks that are part of that often maligned

569
00:37:42,280 --> 00:37:46,000
Speaker 2: fairly system of government taking one for the team and

570
00:37:46,080 --> 00:37:48,279
Speaker 2: putting themselves at great risk because actually talking with my

571
00:37:49,120 --> 00:37:52,520
Speaker 2: partner the other day about like, how does something like

572
00:37:52,680 --> 00:37:56,800
Speaker 2: Hitler happen and how were people able to just go

573
00:37:56,960 --> 00:37:59,840
Speaker 2: along with it? And the short answer is, sure, some

574
00:38:00,000 --> 00:38:02,439
Speaker 2: some people went along with it, maybe out of fear,

575
00:38:02,760 --> 00:38:05,040
Speaker 2: maybe out of true belief in the ideology that he

576
00:38:05,200 --> 00:38:08,759
Speaker 2: was putting forth, out of just hate and ignorance. But

577
00:38:08,840 --> 00:38:11,719
Speaker 2: then there were certainly folks that, at great risk to themselves,

578
00:38:12,160 --> 00:38:14,480
Speaker 2: you know, did not go along with it. But they

579
00:38:14,520 --> 00:38:17,320
Speaker 2: had to do so very carefully in order to be successful,

580
00:38:17,560 --> 00:38:22,080
Speaker 2: or else they'd be snuffed out instantly. And we proceed

581
00:38:22,320 --> 00:38:27,279
Speaker 2: to the modern day. Right, the new Constitution comes out

582
00:38:27,280 --> 00:38:31,320
Speaker 2: in nineteen sixty two. It gives women the vote.

583
00:38:31,680 --> 00:38:36,200
Speaker 1: Case just note that there was not women's suffrage until

584
00:38:36,960 --> 00:38:42,000
Speaker 1: the early nineteen sixties, abolishes capital punishment, establishes a Supreme Court.

585
00:38:42,120 --> 00:38:45,960
Speaker 1: So people are getting some fundamental liberties. And our buddy

586
00:38:46,040 --> 00:38:50,160
Speaker 1: prints R III during this is during his reign, he

587
00:38:50,760 --> 00:38:57,280
Speaker 1: makes Monaco what you could optimistically call a thriving center

588
00:38:57,360 --> 00:39:01,880
Speaker 1: of international finance. That's what monch Co officially calls itself.

589
00:39:02,400 --> 00:39:05,040
Speaker 1: There's a lot there's a lot in between the lines

590
00:39:05,200 --> 00:39:09,160
Speaker 1: of those words. But the guy does a huge number

591
00:39:09,360 --> 00:39:12,239
Speaker 1: of improvements. There are a lot of major projects like

592
00:39:12,320 --> 00:39:16,279
Speaker 1: renovating that port we mentioned so that they could get

593
00:39:16,400 --> 00:39:19,120
Speaker 1: more and more ships to dock there, including cruise ships.

594
00:39:19,239 --> 00:39:24,440
Speaker 1: Monico is very popular with cruises and then creating cultural centers.

595
00:39:24,960 --> 00:39:28,000
Speaker 1: I think maybe to the best way for us to

596
00:39:28,120 --> 00:39:32,400
Speaker 1: end just to just explore some fun facts about Monaco

597
00:39:32,719 --> 00:39:35,640
Speaker 1: in the modern day, with the hope that the tourism

598
00:39:35,719 --> 00:39:40,680
Speaker 1: board of Monaco will want to take three plucky podcasters

599
00:39:41,920 --> 00:39:45,200
Speaker 1: on a trip. Yeah, it's true, I guess no, you

600
00:39:45,280 --> 00:39:48,120
Speaker 1: want to do it? Come on, I will I will

601
00:39:48,200 --> 00:39:50,319
Speaker 1: gamble if we're in Monaco. It's a win in Rome

602
00:39:50,480 --> 00:39:51,400
Speaker 1: situation for me.

603
00:39:51,760 --> 00:39:53,440
Speaker 3: We will learn all these pronunciations.

604
00:39:53,520 --> 00:39:57,160
Speaker 2: We promise come on, win in Rome or losing Monica.

605
00:39:57,719 --> 00:40:01,560
Speaker 1: So right, so Monaco has to get said at the top.

606
00:40:01,680 --> 00:40:05,120
Speaker 1: A huge industry and tours and gambling. But also they're

607
00:40:05,239 --> 00:40:10,480
Speaker 1: deep in banking because that lack of income tax attracted

608
00:40:10,880 --> 00:40:14,040
Speaker 1: very wealthy people, not just from Europe but across the world.

609
00:40:14,600 --> 00:40:18,440
Speaker 1: Sixteen percent of revenue comes from the banking industry and

610
00:40:18,560 --> 00:40:22,759
Speaker 1: money management. So like you know, a state managers those

611
00:40:23,560 --> 00:40:26,640
Speaker 1: wealth offices, like a lot of people don't have this

612
00:40:26,920 --> 00:40:29,440
Speaker 1: but if you're from a very wealthy family, you may

613
00:40:29,520 --> 00:40:32,439
Speaker 1: be familiar with the idea of the family office. Sure,

614
00:40:32,560 --> 00:40:35,759
Speaker 1: that's when you have so much money that you have

615
00:40:35,960 --> 00:40:40,560
Speaker 1: a dedicated team of people employed privately by your family

616
00:40:41,120 --> 00:40:45,719
Speaker 1: just to manage all that's, all that revenue from your

617
00:40:45,800 --> 00:40:48,759
Speaker 1: interest and all your tax liability and so on and

618
00:40:48,880 --> 00:40:52,320
Speaker 1: so on. At that point, your money, your horde of treasure,

619
00:40:52,600 --> 00:40:56,120
Speaker 1: becomes kind of like a thinking institution all its own.

620
00:40:56,480 --> 00:40:58,959
Speaker 2: Unless do you think, ooh, this sounds great. I hate

621
00:40:59,000 --> 00:41:04,839
Speaker 2: paying taxes. You probably can't afford to live in Monaco, right, like, yeah,

622
00:41:04,920 --> 00:41:08,279
Speaker 2: sure you don't. You don't pay income taxes. But the

623
00:41:08,400 --> 00:41:10,720
Speaker 2: cost of living there and the cost of real estate

624
00:41:10,840 --> 00:41:15,960
Speaker 2: and the you know again it's densely populated but tiny land,

625
00:41:16,239 --> 00:41:22,560
Speaker 2: you know, very limited availability. Uh, probably prohibitively expensive for

626
00:41:22,640 --> 00:41:25,839
Speaker 2: the average folks. You can maybe afford to go there

627
00:41:25,880 --> 00:41:29,520
Speaker 2: on vacation. That's how most people do it. You can also, uh,

628
00:41:30,800 --> 00:41:34,360
Speaker 2: you can also sleep in Nice, France and then just

629
00:41:34,440 --> 00:41:38,520
Speaker 2: take a half hour ride into Monico. That's a lot

630
00:41:38,600 --> 00:41:41,880
Speaker 2: of people will live outside of it. It's funny because

631
00:41:41,880 --> 00:41:44,080
Speaker 2: a few years back, you case, no, I've been obsessed

632
00:41:44,080 --> 00:41:49,160
Speaker 2: with micronations for a while, I started looking up apartments

633
00:41:49,200 --> 00:41:51,759
Speaker 2: for rent in Monaco because way before we ever did

634
00:41:51,880 --> 00:41:59,400
Speaker 2: ridiculous history, and the prices aren't uh, they're not super affordable,

635
00:41:59,480 --> 00:42:01,279
Speaker 2: but there are there are a couple of deals that

636
00:42:01,400 --> 00:42:06,279
Speaker 2: are there are deals where you could maybe make it work.

637
00:42:07,080 --> 00:42:08,080
Speaker 2: But the issue is.

638
00:42:09,560 --> 00:42:12,680
Speaker 1: Why would you when you could just commute in from France.

639
00:42:13,160 --> 00:42:15,320
Speaker 1: Right The people who are living there, part of the

640
00:42:15,400 --> 00:42:18,200
Speaker 1: reason they're paying that premium is to get out of

641
00:42:18,320 --> 00:42:20,399
Speaker 1: the income tax liability.

642
00:42:20,920 --> 00:42:23,120
Speaker 2: And it's really interesting too. We talked at the top

643
00:42:23,160 --> 00:42:27,440
Speaker 2: of the show how we're both fascinated by the title

644
00:42:27,560 --> 00:42:29,400
Speaker 2: or the name. I guess that gets established. They get

645
00:42:29,440 --> 00:42:31,520
Speaker 2: associated with people who are residents of whether it be

646
00:42:31,600 --> 00:42:34,640
Speaker 2: a certain country or a certain state like Michigander is

647
00:42:34,719 --> 00:42:37,480
Speaker 2: one of my favorites here in the US. People who

648
00:42:37,560 --> 00:42:40,239
Speaker 2: were born in Monaco, we talked about this earlier, are

649
00:42:40,360 --> 00:42:44,239
Speaker 2: known as Monegasque. But there's also a name for someone

650
00:42:44,280 --> 00:42:47,960
Speaker 2: who's born in another country but has a residence in Monaco.

651
00:42:48,280 --> 00:42:51,879
Speaker 2: They're called Monacoean. And it kind of makes sense. Because

652
00:42:51,920 --> 00:42:55,760
Speaker 2: of the limited availability of resources in land, the Natives

653
00:42:55,920 --> 00:42:59,279
Speaker 2: are actually in the minority. They're only about a fifth

654
00:42:59,360 --> 00:42:59,960
Speaker 2: of the population.

655
00:43:01,120 --> 00:43:04,239
Speaker 1: Yeah, and that population, by the way, I'm sure a

656
00:43:04,280 --> 00:43:07,000
Speaker 1: lot of people were wondering, it's only like thirty eight

657
00:43:07,120 --> 00:43:11,879
Speaker 1: thousand people. It is very very small, it's very densely populated.

658
00:43:12,120 --> 00:43:15,879
Speaker 1: It's a huge conurbation. It also has the highest life

659
00:43:15,960 --> 00:43:19,480
Speaker 1: expectancy in the world so far as we know as

660
00:43:19,520 --> 00:43:23,279
Speaker 1: a country, eighty five and a half years old for men,

661
00:43:23,880 --> 00:43:28,600
Speaker 1: ninety three point five years old for women.

662
00:43:28,480 --> 00:43:31,200
Speaker 2: Because of the climate, maybe because there's some fountain of

663
00:43:31,280 --> 00:43:32,279
Speaker 2: youth situations.

664
00:43:32,520 --> 00:43:35,000
Speaker 1: There's just a lot of people who can afford the

665
00:43:35,040 --> 00:43:36,080
Speaker 1: world's best healthcare.

666
00:43:36,360 --> 00:43:39,400
Speaker 2: That's good, That's exactly what it is. Yeah, And if

667
00:43:39,440 --> 00:43:43,560
Speaker 2: you're interested in the makeup, I guess of nationalities that

668
00:43:43,719 --> 00:43:49,239
Speaker 2: occupy Monaco, we are looking at French nationals filling up

669
00:43:49,280 --> 00:43:51,839
Speaker 2: the largest portion of this pie at twenty eight point

670
00:43:51,920 --> 00:43:56,799
Speaker 2: four percent. Then we've got the native Montagasques at twenty

671
00:43:56,880 --> 00:44:00,640
Speaker 2: one point six percent, Italians at eighteen point seven percent,

672
00:44:00,960 --> 00:44:04,400
Speaker 2: British seven point five percent, Belgian two point eight, German

673
00:44:04,800 --> 00:44:07,640
Speaker 2: at two point five, Swiss two point five, and US

674
00:44:07,840 --> 00:44:11,440
Speaker 2: nationals only one point two. Because that's you know, that's

675
00:44:11,520 --> 00:44:14,560
Speaker 2: like new money, man. You know, you got to be like, oh,

676
00:44:14,840 --> 00:44:18,400
Speaker 2: legacy money, to be able to afford to rocket in Monica.

677
00:44:18,640 --> 00:44:21,120
Speaker 2: I mean, I'm just kind of joking, but it's also

678
00:44:21,280 --> 00:44:25,239
Speaker 2: like these are this is legacy wealth we're talking about, right,

679
00:44:25,440 --> 00:44:26,000
Speaker 2: a lot of it.

680
00:44:26,239 --> 00:44:32,480
Speaker 1: Yeah. And also the the current Prince and Princess of Monaco,

681
00:44:32,680 --> 00:44:37,319
Speaker 1: they are Olympians. Albert Cool, Yeah, you'll Max, you'll you'll

682
00:44:37,400 --> 00:44:40,719
Speaker 1: dig this right. Albert was in the bob sleigh at

683
00:44:40,880 --> 00:44:45,520
Speaker 1: five different Winter Olympics. Uh, did not walk away with medals.

684
00:44:45,800 --> 00:44:50,160
Speaker 1: But Princess Charlie has won three gold medals and a

685
00:44:50,440 --> 00:44:57,600
Speaker 1: silver medal in multiple different swimming competitions. Unfortunately, she did

686
00:44:57,680 --> 00:45:01,960
Speaker 1: not get the gold for Monaco. Competed for South Africa,

687
00:45:02,360 --> 00:45:08,880
Speaker 1: where she grew up. Because you know, if I'm assuming empathy,

688
00:45:08,920 --> 00:45:11,200
Speaker 1: which I always tried to do that, I could see

689
00:45:11,400 --> 00:45:15,719
Speaker 1: how growing up in Monaco, even if you're amidst all

690
00:45:15,760 --> 00:45:20,000
Speaker 1: this immense wealth and privilege, you might feel like Ariel

691
00:45:20,200 --> 00:45:22,760
Speaker 1: in The Little Mermaid, right, you know, there's a wider

692
00:45:22,920 --> 00:45:26,480
Speaker 1: world out there, you want to go explore it, sore.

693
00:45:26,680 --> 00:45:29,360
Speaker 1: So that's why she's probably raised in South Africa and

694
00:45:29,560 --> 00:45:32,480
Speaker 1: trotted the globe. Of course, these people do travel freely.

695
00:45:32,960 --> 00:45:35,160
Speaker 2: Isn't that interesting though? Because now I guess the law

696
00:45:35,400 --> 00:45:38,800
Speaker 2: is no longer that you know, the agreement's been changed

697
00:45:39,600 --> 00:45:43,440
Speaker 2: where you no longer have to be a legacy member

698
00:45:43,760 --> 00:45:45,720
Speaker 2: of the Grimaldi family.

699
00:45:46,200 --> 00:45:47,920
Speaker 3: I'm guessing she married into the family.

700
00:45:48,200 --> 00:45:50,080
Speaker 2: I would assume so for sure. But I'm just saying, like,

701
00:45:50,160 --> 00:45:52,880
Speaker 2: now the future is wide open. I wonder how how

702
00:45:53,000 --> 00:45:56,160
Speaker 2: is that determined? If so, I guess that just means

703
00:45:56,200 --> 00:45:59,080
Speaker 2: there wouldn't be a prince or princess. If there's no

704
00:45:59,239 --> 00:46:03,440
Speaker 2: heir that family, then is someone installed, but it is

705
00:46:03,480 --> 00:46:05,480
Speaker 2: still going to be an independent nation. They just would

706
00:46:05,560 --> 00:46:07,120
Speaker 2: no longer be a prince or princess.

707
00:46:07,239 --> 00:46:08,920
Speaker 4: Right, That's a good point, Like, look, what is a

708
00:46:08,960 --> 00:46:12,400
Speaker 4: hierarchy asterist? I mean, granted, Grimaldi's are very good at

709
00:46:12,480 --> 00:46:15,200
Speaker 4: having more children, as we've learned through the story, but yeah,

710
00:46:15,239 --> 00:46:17,720
Speaker 4: that is that is an interesting thing. Like what happens

711
00:46:18,000 --> 00:46:19,080
Speaker 4: does the monarch position?

712
00:46:19,360 --> 00:46:22,760
Speaker 2: Just see it's the prime minister.

713
00:46:22,920 --> 00:46:27,960
Speaker 1: Maybe, well, they have a Council of Regency and it

714
00:46:28,120 --> 00:46:31,719
Speaker 1: takes power. This is not super great for anti monarchists

715
00:46:31,760 --> 00:46:34,000
Speaker 1: in the crowd. They have a Council of Regency that

716
00:46:34,120 --> 00:46:37,680
Speaker 1: takes sort of temporary or interim power until something called

717
00:46:37,719 --> 00:46:41,719
Speaker 1: the Crown Council sort of like the fixers that you

718
00:46:41,840 --> 00:46:45,480
Speaker 1: see in the TV series Secession, until they elect a

719
00:46:45,680 --> 00:46:49,880
Speaker 1: new monarch from the more distant descendants of the House

720
00:46:49,960 --> 00:46:52,399
Speaker 1: of Grimaldi. So they'll just have to see how far

721
00:46:52,600 --> 00:46:55,879
Speaker 1: they need to go back in the genealogy and say,

722
00:46:56,120 --> 00:46:58,360
Speaker 1: you know, well, this guy was a fourth cousin in

723
00:46:58,480 --> 00:47:03,360
Speaker 1: the sixteen hundred, so surely he's up on the policy

724
00:47:03,600 --> 00:47:06,800
Speaker 1: of Monaco. He's got to be the best guy for

725
00:47:06,880 --> 00:47:09,640
Speaker 1: the job, because that's how monarchies work.

726
00:47:09,960 --> 00:47:12,040
Speaker 3: It sounds like the urals trying to get together and

727
00:47:12,120 --> 00:47:12,719
Speaker 3: call him moot.

728
00:47:14,040 --> 00:47:20,200
Speaker 1: Yes, yes, Skyriel. Uh so yeah, if you want to

729
00:47:20,239 --> 00:47:24,680
Speaker 1: buy land at Monaco, you can. It is going to

730
00:47:24,760 --> 00:47:29,400
Speaker 1: be it can, Yes, yes, it is. It is possible

731
00:47:29,640 --> 00:47:32,600
Speaker 1: in this universe for you to do so. A square

732
00:47:32,719 --> 00:47:35,640
Speaker 1: meter of land is going to run you between fifty

733
00:47:35,760 --> 00:47:38,040
Speaker 1: thousand and one hundred thousand euros.

734
00:47:38,360 --> 00:47:40,320
Speaker 2: You your whole house, right, No, that's.

735
00:47:40,280 --> 00:47:44,040
Speaker 1: The again, that's you heard you heard it right, ridiculous historians.

736
00:47:44,080 --> 00:47:46,520
Speaker 1: That's one meter of land. If you want to go

737
00:47:46,600 --> 00:47:51,840
Speaker 1: to apartments for rent in Monaco, just this is the

738
00:47:51,880 --> 00:47:54,840
Speaker 1: old website I was going to. Uh, you'll see that

739
00:47:55,560 --> 00:47:58,680
Speaker 1: you can rent stuff like a studio apartment for just

740
00:47:58,800 --> 00:48:00,279
Speaker 1: five thousand, five hundred.

741
00:48:00,160 --> 00:48:04,000
Speaker 2: Euro, which is what with the with the old not inflation,

742
00:48:04,160 --> 00:48:06,920
Speaker 2: but just do the conversion. I think it's roughly one

743
00:48:07,000 --> 00:48:09,360
Speaker 2: to one right now with the dollar, or it's not

744
00:48:09,560 --> 00:48:11,799
Speaker 2: far off, but I think it's it's like a one

745
00:48:11,840 --> 00:48:15,000
Speaker 2: euro is like a dollar ten. Yeah, right exactly. But

746
00:48:15,160 --> 00:48:17,760
Speaker 2: still that's that's that's wild five thousand.

747
00:48:18,600 --> 00:48:20,880
Speaker 1: So think of it like five five hundred bucks for

748
00:48:21,080 --> 00:48:22,000
Speaker 1: studio apartment.

749
00:48:22,320 --> 00:48:24,680
Speaker 2: I mean that's like way more than in New York City,

750
00:48:24,800 --> 00:48:27,320
Speaker 2: you know, are some of the most expensive places in

751
00:48:27,480 --> 00:48:31,000
Speaker 2: our country. That's insane. Wow, Okay, must be really nice.

752
00:48:31,080 --> 00:48:33,320
Speaker 2: Must be nice. But let's say maybe maybe you're not.

753
00:48:33,719 --> 00:48:36,560
Speaker 2: Maybe you're not looking to rent or buy, but you're

754
00:48:36,600 --> 00:48:39,080
Speaker 2: looking to be incarcerated. Maybe not looking to be but

755
00:48:39,160 --> 00:48:41,800
Speaker 2: you find yourself to be incarcerated, well, you would be

756
00:48:42,440 --> 00:48:46,320
Speaker 2: in a very small group of the chosen few, with

757
00:48:46,480 --> 00:48:53,080
Speaker 2: Monico's jail holding only around twenty prisoners with the seaside

758
00:48:53,160 --> 00:48:54,800
Speaker 2: view by the way.

759
00:48:54,760 --> 00:48:57,879
Speaker 1: From those cells, I wonder what their crimes are too,

760
00:48:58,400 --> 00:49:03,760
Speaker 1: You thinking white collar? Yeah, money laundring and financial scams.

761
00:49:04,040 --> 00:49:06,320
Speaker 1: And this is a neat little twist of the ways

762
00:49:06,360 --> 00:49:12,080
Speaker 1: described in Europe. They are jailed for money laundry, not laundry,

763
00:49:12,440 --> 00:49:17,799
Speaker 1: just laundry. If you are a citizen of Monaco, bad luck.

764
00:49:18,520 --> 00:49:21,600
Speaker 1: You cannot work in the casino. You cannot gamble in

765
00:49:21,719 --> 00:49:24,000
Speaker 1: the casino. A lot of people work in the casino

766
00:49:24,000 --> 00:49:29,359
Speaker 1: as are coming from France, and this is so weird

767
00:49:29,440 --> 00:49:32,759
Speaker 1: to me because they're kind of doing drug dealer rules right.

768
00:49:32,920 --> 00:49:35,560
Speaker 1: Don't dip into the product right for sure.

769
00:49:36,160 --> 00:49:38,880
Speaker 2: And if you're thinking to yourself, man, this place sounds

770
00:49:38,920 --> 00:49:41,279
Speaker 2: like you'd be a really great setting for like a

771
00:49:41,480 --> 00:49:44,720
Speaker 2: heist movie or you know, some sort of spy thriller,

772
00:49:45,080 --> 00:49:51,239
Speaker 2: well you would be absolutely correct. GoldenEye has seen set

773
00:49:51,320 --> 00:49:55,480
Speaker 2: in Monaco films like the nineteen twenty The Black Spider,

774
00:49:56,239 --> 00:50:01,480
Speaker 2: nineteen thirty one's bombs on Monte Carlo, the Red Shoes.

775
00:50:01,360 --> 00:50:05,080
Speaker 1: Which is not a heist, but still Monico is now.

776
00:50:05,440 --> 00:50:09,000
Speaker 1: I think there's a great website called TV Tropes which

777
00:50:09,040 --> 00:50:13,200
Speaker 1: everyone should check out. Monaco is essentially a trope now

778
00:50:13,600 --> 00:50:18,840
Speaker 1: for visual shorthand to show that there are global shenanigans

779
00:50:18,880 --> 00:50:23,400
Speaker 1: of foot. If something starts in Monaco, then we're talking

780
00:50:23,520 --> 00:50:26,200
Speaker 1: a high dollar spine or a heisting or so on.

781
00:50:26,360 --> 00:50:31,320
Speaker 1: At least that's how it's often featured in the United States.

782
00:50:31,400 --> 00:50:35,120
Speaker 1: You know, Ocean's Twelve has scenes in Monico. Iron Man

783
00:50:35,239 --> 00:50:39,759
Speaker 1: two has scenes in Monaco, and Monico gets a cut

784
00:50:40,719 --> 00:50:41,239
Speaker 1: of the film.

785
00:50:41,640 --> 00:50:43,920
Speaker 2: Oh, I'm sure they get something for sure. Yeah, definitely.

786
00:50:44,000 --> 00:50:46,880
Speaker 2: And also when one last one, one that I actually

787
00:50:46,920 --> 00:50:48,680
Speaker 2: haven't seen, would have been meaning to it's on my list.

788
00:50:48,719 --> 00:50:54,040
Speaker 2: The Alfred Hitchcock directed Rebecca, which won a Best Picture.

789
00:50:54,360 --> 00:50:55,600
Speaker 1: Oh, yeah, I remember that one.

790
00:50:55,880 --> 00:50:58,719
Speaker 2: Yeah, forty. I think it's based on a novel that

791
00:50:58,880 --> 00:51:01,960
Speaker 2: was very, very hugely successful. I haven't read the novel, Yeah,

792
00:51:02,080 --> 00:51:05,040
Speaker 2: but I've really not mention It also doesn't seem quite

793
00:51:05,239 --> 00:51:08,200
Speaker 2: like a typical Hitchcock that you think of. I mean,

794
00:51:08,239 --> 00:51:11,480
Speaker 2: it's definitely Gothic.

795
00:51:11,600 --> 00:51:14,399
Speaker 1: If I remember, I have to rewatch it. Hopefully. It's

796
00:51:14,480 --> 00:51:17,800
Speaker 1: on the Criterion Channel, which didn't pay me to say this,

797
00:51:18,000 --> 00:51:20,560
Speaker 1: but their subscription service is awesome.

798
00:51:20,400 --> 00:51:23,840
Speaker 2: Unbelievable, And then they have such cool rotating kind of

799
00:51:23,920 --> 00:51:26,239
Speaker 2: curated collections. Also, you know another one that's good. I'm

800
00:51:26,239 --> 00:51:29,040
Speaker 2: sure you're familiar with. Ben is a movie which I

801
00:51:29,120 --> 00:51:31,759
Speaker 2: know sounds silly but just the name, but it has

802
00:51:31,880 --> 00:51:36,840
Speaker 2: a I believe, monthly rotating kind of curated selection of

803
00:51:37,200 --> 00:51:40,359
Speaker 2: really interesting films and they're constantly kind of moving through,

804
00:51:40,440 --> 00:51:42,440
Speaker 2: so it's a cool way to just see what's there

805
00:51:42,520 --> 00:51:44,160
Speaker 2: and check it out because there's always going to be

806
00:51:44,200 --> 00:51:49,040
Speaker 2: something of interest. And of course I once again recommend

807
00:51:49,360 --> 00:51:55,359
Speaker 2: the very imperfect but immensely fascinating Wiki travel site. If

808
00:51:55,440 --> 00:51:59,279
Speaker 2: you want to learn more in a very strange way

809
00:51:59,440 --> 00:52:03,160
Speaker 2: about a different country, go to their wiki travel articles.

810
00:52:03,280 --> 00:52:04,440
Speaker 2: Exactly what it sounds like.

811
00:52:04,520 --> 00:52:07,640
Speaker 1: It's meant to be a primer for people considering traveling

812
00:52:07,719 --> 00:52:12,120
Speaker 1: to a place. And the funny thing is it contradicts

813
00:52:12,200 --> 00:52:15,960
Speaker 1: itself often because it's crowdsourced, and sometimes you can tell

814
00:52:16,120 --> 00:52:18,680
Speaker 1: when the guy who owns the restaurant is writing about

815
00:52:18,719 --> 00:52:21,239
Speaker 1: his own restaurant, and sometimes you can tell when the

816
00:52:21,320 --> 00:52:24,600
Speaker 1: informations actually pulled from the un But the wiki travel

817
00:52:24,680 --> 00:52:29,720
Speaker 1: article on Monaco, love it, love it. It's it's pretty interesting,

818
00:52:29,840 --> 00:52:31,680
Speaker 1: tells you all the different ways to get in to

819
00:52:31,800 --> 00:52:35,640
Speaker 1: get around. You can also see some great amateur travel

820
00:52:35,719 --> 00:52:40,240
Speaker 1: documentaries on Monaco. You're just a YouTube search away. YouTube,

821
00:52:40,280 --> 00:52:42,840
Speaker 1: by the way, is the world's second largest search engine

822
00:52:43,400 --> 00:52:48,880
Speaker 1: after Google, which is weird because Google owns YouTube. Anyway,

823
00:52:49,000 --> 00:52:52,680
Speaker 1: that's a story for another day. Another roll of the dice,

824
00:52:52,800 --> 00:52:57,640
Speaker 1: but I think we should go to Monico once we

825
00:52:57,880 --> 00:52:59,480
Speaker 1: get it in the budget.

826
00:53:00,680 --> 00:53:01,160
Speaker 2: I would love to.

827
00:53:01,400 --> 00:53:01,879
Speaker 3: I would look.

828
00:53:01,920 --> 00:53:03,640
Speaker 2: I mean, I've never been to the south of France

829
00:53:03,680 --> 00:53:06,400
Speaker 2: in general. Like you said, Niece is another adjacent location,

830
00:53:06,520 --> 00:53:09,160
Speaker 2: and there's that whole area just seems kind of magical.

831
00:53:09,280 --> 00:53:11,719
Speaker 2: So let's put it on our to do list.

832
00:53:11,920 --> 00:53:15,239
Speaker 1: Yeah, I'm heading to you know, I think I have

833
00:53:15,360 --> 00:53:17,959
Speaker 1: the circumstances are going to find me in Italy later

834
00:53:18,239 --> 00:53:19,799
Speaker 1: in a few so maybe I.

835
00:53:19,840 --> 00:53:20,279
Speaker 2: Can try to.

836
00:53:20,880 --> 00:53:23,399
Speaker 1: Maybe I can see how tough it is to get

837
00:53:23,520 --> 00:53:25,960
Speaker 1: into Monico. What do you have to do, Rennick, cruise ship.

838
00:53:26,040 --> 00:53:28,200
Speaker 1: I'll probably just take the train. Who knows.

839
00:53:28,400 --> 00:53:31,200
Speaker 4: I might be a distant relative of the Grimaldi family,

840
00:53:31,320 --> 00:53:34,000
Speaker 4: so we might be there soon because I might be

841
00:53:34,120 --> 00:53:34,840
Speaker 4: running the country.

842
00:53:35,600 --> 00:53:38,000
Speaker 1: I love it. We might all be. You guys remember

843
00:53:38,120 --> 00:53:43,640
Speaker 1: the the cinematic masterpiece King Ralph from nineteen ninety one, where.

844
00:53:44,360 --> 00:53:47,160
Speaker 2: I remember he's something called spotted Dick and I thought

845
00:53:47,200 --> 00:53:48,080
Speaker 2: that was hilarious.

846
00:53:48,320 --> 00:53:52,600
Speaker 1: John Goodman, I want to say, yeah, John Ridman. Due

847
00:53:52,640 --> 00:53:58,200
Speaker 1: to a royal mishap, as the distant illegitimate descendant of

848
00:53:58,360 --> 00:54:03,160
Speaker 1: the royal family, he'd be the King of the United Kingdom.

849
00:54:03,280 --> 00:54:05,879
Speaker 1: I remember liking that as a kid, and I think

850
00:54:05,920 --> 00:54:07,760
Speaker 1: it's one of those that I'm not going to rewatch

851
00:54:07,800 --> 00:54:09,520
Speaker 1: because I want to keep the memory as it is.

852
00:54:09,719 --> 00:54:12,920
Speaker 2: I have a feeling it did not age well if

853
00:54:13,239 --> 00:54:14,560
Speaker 2: I if I'm a mistake.

854
00:54:16,920 --> 00:54:20,440
Speaker 1: Anyway, So big, big, big thanks to big big things

855
00:54:20,520 --> 00:54:24,959
Speaker 1: to our super producer, uh the Possible Royal Uh, mister

856
00:54:25,080 --> 00:54:28,279
Speaker 1: Max Williams. Max, It's hard to get in there, but

857
00:54:28,400 --> 00:54:30,719
Speaker 1: you have citizenship in the Monaco that is my heart,

858
00:54:30,800 --> 00:54:31,240
Speaker 1: my friends.

859
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Speaker 2: Huge thanks to Alex Williams who composed our theme. Christo

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Speaker 2: frasciotis here in spirit, Eve's Jeff Coates wherever she may

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Speaker 2: find herself. And you Ben for being my prince, the

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Speaker 2: prince of my heart.

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Speaker 1: Also also with you, you know what, we can start

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Speaker 1: our own Monaco with black wait, they already have a casino.

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Speaker 1: Shout out to anyone who got that Futurama reference.

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Speaker 2: Who would shuppen We'll see next time, folks. For more

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Speaker 2: podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, or

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Speaker 2: wherever you listen to your favorite shows.