Category Archives: Economics

Football World Cup reveals hidden poverty

Poverty in Brazil won’t strike anyone as a surprise, but nobody will care as long as there is a Football World Cup going on. Also, this poverty is kind of compensated by the 2022 World Cup which will be held in Qatar, where … Continue reading

Posted in Economics, Germany, Sports | Tagged | 3 Comments

Think before you buy your next pair of shoes

Women, each time you buy a new pair of shoes, another child somewhere in this world becomes shoeless. Think before you buy!

Posted in Economics, Life | Tagged , | 1 Comment

“Italia dei Valori” explain anti-German election campaign

“Europeans, not Germans,” the posters of the Italian party Italia dei Valori (“Italy of Values”) are screaming out in an effort to gain votes in the upcoming elections to the European Parliament. As I have pointed out already, I find that a … Continue reading

Posted in Economics, Elections, Europe, Germany, Italy, Politics | Tagged , | 4 Comments

Frozen Assets

When you read about “frozen assets” in connection with economic sanctions, you may have been wondering how this process actually works. In February 2013 I could observe it myself in Nida, on the Lithuanian part of the Curonian Spit. There … Continue reading

Posted in Economics, Lithuania, Photography, Travel | Tagged , | 1 Comment

How bad is Spain’s Infrastructure?

We keep reading horror stories from the southern European countries about how badly they are affected by the economic crisis. Factories are closing, civil servants are made redundant, the provision of medical services suffers, people emigrate, everything is going downhill. The … Continue reading

Posted in Economics, Travel | Tagged , | 5 Comments

Utility Outage

This week, I was without electricity (and thus without internet) for half a day after a thunderstorm, I ran out of gas in the kitchen, and I haven’t had water all weekend after the pipe leading to my neighborhood burst. After this experience, … Continue reading

Posted in Economics, Environment, Health, Human Rights, Life, Technology | Tagged | 2 Comments

FIFA Football World Cup in Qatar 2022: the Scorecard

Exact date of the 2022 World Cup: uncertain, because FIFA was surprised by the existence of hot climate on the Arabian peninsula in mid-summer, when Football World Cups are traditionally held. Amount of bribes paid by Qatar to FIFA members: … Continue reading

Posted in Economics, Human Rights, Sports, Statistics | Tagged , , | 3 Comments

Don’t buy Twitter shares!

A few friends of mine in California calling themselves “Twitter“ asked me if I want to buy 70 million of their shares at 26 $ a pop. I did a quick calculation and noticed that I don’t have enough money. Because of … Continue reading

Posted in Economics, Technology | Tagged , , , , | 8 Comments

How fucked up is US immigration policy?

Dear United States of America, you know your immigration policy is fucked up when some start-up entrepreneurs are so fed up with your strict visa requirements for people who wish to work, invest, start companies and create jobs, that they … Continue reading

Posted in Economics, Immigration Law, Law, Maps, Travel, USA | Tagged , | 4 Comments

How to become a Millionaire

I don’t know why so many people are obsessed with becoming millionaires – or of those who already are, with becoming billionaires. I don’t get the point of collecting more wealth than you can spend. But oddly enough, without striving … Continue reading

Posted in Economics, Travel | Tagged , , , , | 21 Comments