Ten Of The Richest Countries In The World

  Ten Of The Richest Countries In The World

“I think everybody should get rich and famous and do everything they ever dreamed of so they can see that it’s not the answer.” Jim Carrey

It is confusing to rate the wealthiest countries these days.  It is usually rated by the GDP – gross domestic product. But there are other categories which change the list – third world rankings, most money, most growth etc., country size etc.  I’m going to go with the  original criteria which always puts the small Arab Oil Countries ahead of the big countries like the United States, Russia and China. Lists are different and I compiled a few.

1. Every list is in agreement that Qatar is the world’s richest country. It is full of five star hotels and has a five star airline.  Qatar wants to be the Arab world’s next super power.The streets are not paved with gold but consistently being dug up for new electrical cables and drainage getting ready for World Cup 2022. There are questions about bribery for the games. In fifty years it has gone from a poor fishing country to a rich oil-producing country. Qatari are the world’s richest people with an average income of 400,000 dollars per year. They are also rapidly becoming the world’s fattest. Since they don’t need to work and everything is done for them, they sit around smoking and eating junk food. The country’s traditional culture makes it difficult to go on a diet. You never leave someone’s house without eating.

2. Tiny Luxembourg is rich. It pays the highest wages in Europe so people from surrounding countries often work there. It is great for financial companies, banking and tax breaks. The reason it is rich is for stability, financial and investment reasons that I can not really explain. Luxembourg is on all lists in the top three every year.

3. Singapore has more millionaires per capita than anywhere else in the world. It is a city-state with about five million people so the scale isn’t comparable to the challenges of a country. Singapore is not fueled by natural resources. It is perfectly positioned to take advantage of the rise of Chinese and Southeast Asian wealth in coming years. Singapore has also pushed into electronics and tech.  Singapore made itself an internationally oriented economy and that has  paid off for its people.

4. Abu Dhabi, the capital of the United Arab Emirates is the richest city in the world. The city of  Dubai is well-known as a playground for the rich. There is no sales tax or income tax. They have tried to cut their dependency on oil by diverting their economy, creating new businesses and increasing tourism.

5. Brunei is a tiny country on the island of Borneo in the South China Sea.  I do know that it is ruled by a Sultan and he is very rich. He owns the Beverly Hills Hotel among many other things. It is one of the smaller countries in the world so I don’t know how fair that is. The Sultan of Brunei presides over an absolute monarchy, and the government has just delayed its decision to reintroduce stoning, severing limbs and flogging for theft, adultery and homosexuality under the code of Sharia law. The UN has expressed concerns. But as long as the oil doesn’t run out, they are good.

6. Norway is prosperous, happy and free. Its towns and cities are orderly and comfortable. The people are educated, speak many languages and trade comfortably with the European Union. The nation is the largest producer of oil on the continent, and that advantage has helped the country put together a sovereign wealth fund of $860 billion dollars.  Norway sets itself apart from many oil-producing countries, particularly in the former Soviet Union and the Middle East in the way that the wealth is distributed. Instead of  oil generating revenues that make the governing elites fabulously wealthy, while the rest of the citizens depend on their leaders’ handouts or upon trickle-down economics for their share of what is left, Norway puts the money back into the country funding many government programs. 

7. Kuwait is an oil rich country in the Middle East. They say there are no poor people in Kuwait but that is usually said by the very rich who don’t know them. The provision of social services to Kuwaiti citizens, compared with most Western countries, is extensive. The state welfare system  cares for the needy, and aids families in need because of divorce, old age, disability, parental death, illness, or financial difficulty. Educational and marital status are taken into account in granting aid. Long standing tribal families and Sunni Muslims receive preferential treatment in Kuwait. They are an economically backward and politically unstable country compared to other oil-producing  countries.

8. Long-term monetary security and political stability has made Switzerland a safe haven for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment  They aren’t picky about who invests money there – blood stained dictators, mafia, embezzlers, Nazis are among the many investors throughout the years.  The country’s small size and high labor specialization make industry and trade the keys to Switzerland‘s economic livelihood. They are rich, happy  and have great chocolate.

9. The United States has a lot of rich people. We have the largest amount of private wealth in the world. We also have one of the largest wealth inequality gaps making the uneven distribution of wealth a persistent issue. Yes even with all our problems, we are still considered lucky and rich.

10, With its vast oil wealth, Saudi Arabia has one of the highest concentrations of super rich households in the world. They are so rich that they have been able to hide the poverty in the country from sight. Saudi Arabia  had the largest oil reserves in the world. They are the biggest international exporter in crude oil and the amount of revenue they make from it is huge . Mecca helps – bringing in a lot of tourists. for the annual pilgrimage But unless Tesla really takes off, Saudi Arabia will continue to be one of the richest countries in the world.

Fly safe,

JAZ

Global Peace Index

Global Peace Index

“Do not be daunted by the enormity of the world’s grief. Do justly, now. Love, mercy, now. Walk humbly, now. You are not obligated to complete the work, but neither are you free to abandon it.”Talmud

The Global Peace Index measures each year the national peacefulness of a country based on  perceptions of criminality, security officers and police, homicides, incarceration, access to weapons, intensity of internal conflict, violent demonstrations, violent crime, political instability, political terror, weapon imports, terrorism impact and deaths from internal conflict.

I’ve done blogs about it before rating the safest countries and the not  safest countries to visit.

But what really shocks me  is that the US  is a slacker when it comes to promoting positive peace. It is rated 103 on a list of 163 countries. This means that there are are a 102 countries that are safer to visit and live in than the US. Our performance  number is lowered because of the number of people in our prison system and our involvement in conflicts overseas.

There are the usual but many were surprising to me. Uganda is rated 101. Uganda is safer to visit than the US – apparently. Jordan (where I just was) is much safer at 96. Angola, Dominican Republic, Guyana, Jamaica, Gambia, are all in the nineties. Haiti, Burkina Faso Peru, Cuba, Bangladesh  and Paraguay  have a rating in the eighties. Liberia, Benin, Oman and Senegal are in the seventies. Nicaragua, Argentina, Mozambique, Lesotho, United Arab Emirates, Bosnia and Herzegovina are in the sixties.  Madagascar is above Italy  which is rated 39. Chile and Botswana are in the twenties.

According to the data, we are further away from World Peace then ever with the Middle East dragging us down. 

The most peaceful countries continue to improve their rating while the least peaceful ones are getting worse. Violence and conflict are escalating.  The world continues to spend enormous resources on creating and containing violence but very little on peace.

In case you just woke up from a coma, the world is less peaceful this year than it was last year.

Fly safe,

JAZ

The Iran Nuclear Arms Deal Or Why It Is Still Unsafe To Visit Iran

The Iran Nuclear Arms Deal or Why It is Still Unsafe To Visit Iran

“The only people who should be allowed to govern countries with nuclear weapons are mothers, those who are still breast-feeding their babies.”
Tsutomu Yamaguchi

This is how I feel about the Iran Arms deal. You don’t give nuclear weapons to an unstable country in an unstable part of the world. I don’t care about the political ramifications. I care about the human ones.

Isn’t this the same Iran that when the Ayatollah came into power, he kidnapped the Americans there? Isn’t this the country that thousands of people were forced to evacuate and can never come back? Isn’t this the same Iran that funds terrorists groups? Isn’t this the Iran that is holding American journalist Jason Rezaian and others on trumped-up charges? Will the Mullahs suddenly decide that an international community is the way to go? What happens when a new even more unstable regime takes over? Do they return the weapons to us?

I recently wrote a blog on the ten most dangerous countries not to visit now and there are many more than ten. I was torn based on my research on the tenth one between Iran and North Korea. I ultimately chose North Korea but Iran was a good choice as well. I am confused about why we would give nuclear weapons to a country that is very dangerous for us to go to without the nuclear weapons.

I imagine from a financial point of view it is profitable. If Iran buys nuclear weapons the surrounding countries will need  more weapons to defend themselves. Everyone in the Middle East will be buying more weapons.

We are the self-proclaimed “watchdogs of the world” and giving Iran nuclear weapons is not protecting our world in any way. Is the hope that if we trust them they will behave with integrity? I believe Winston Churchill thought the same about Hitler when he signed the Munich Agreement in 1938 to avoid war. The Munich Agreement has become synonymous with the futility of giving power to totalitarian states.

Hate is irrational and there appears to be a lot of hate in these countries – especially for Jews and Israel. I imagine the Jews who signed a petition in favor of the Nuclear Arms Deal with Iran probably would not have left Nazi Germany in time. Many intelligent wealthy Jews held out hoping that the threat of persecution and death would pass. – that rational, intelligent thought would prevail over the death camps.

Have any of the Jews who signed the petition or people in favor of the Arms Deal with Iran been to the Hiroshima museum in Japan? Every Japanese school child has to go. The motto is No More Hiroshimas. The symbol is the Hiroshima Dome (Genbaku dome), the only building left standing in the area where the bomb exploded. Anyone who has spent time in this museum and listened to the stories and continued health problems would know the only good use for nuclear weapons is to keep people from using them. Ultimately what would be our defense against Nuclear Weapons? Nuclear Weapons.

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Fly safe,
JAZ