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

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Things That I Have Learned In Eastern Europe (or the former Soviet Union)

Things That I Have Learned In Eastern Europe (or the former Soviet Union)

“The salvation of this human world lies nowhere else than in the human heart, in the human power to reflect, in human meekness and human responsibility.” Vaclav Havel

I  have traveled around Eastern Europe a few times before I was a blogger or ‘photographer’. This was not one trip.  It was  earlier in the tourism stage of these countries and I’m sure things are a lot different now.   This is what I remember.

There is something not warm and fuzzy about being in countries of the former Soviet Union.  Especially countries that sent so many innocent people to concentration camps before that. The vestiges of communism are still there. The first thing you notice in  Budapest and Prague is that people don’t smile. (a train in Budapest)

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“If you need directions, ask young.” Most of the older generation do not speak any English. The young are trying to be modern.  But they have missed the sixties, seventies and eighties. The music went from folksongs and communist anthems  to rock and roll. The results are sometimes odd. Same with the clothes.

Shopping streets were emerging like Vaci street in Budapest with chain clothing stores  where once there was State Grocery no.19.  Things cost more and consumerism has definitely hit these countries. Keeping up with their neighbors is harder these days. There is still a lot of black market profiteering. But slowly a middle class is appearing.  (tagging in Budapest)

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After the fall of Communism,  Eastern Europe was faced with the problem of what to do with all those  Lenin, Marx and Engels statues. Several of the finest minds of the time got together in St Petersburg in 1991 to thrash out the quandary and it was decided that every city would display them in their very own tacky sculpture park. There is Fallen Monument Park in Moscow, Memento Park in Budapest and Grutas Park (known as Stalin’s World) 130km south of Vilnius. There are Museums of Terror in many of these eastern European cities showing their treatment in the time of the Soviets.  (Statue Park in Budapest )

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Lithuania was my first Baltic Country..  During the Holocaust around 95 per cent of the Lithuanian Jews were murdered, the highest percentage in Europe, many by local collaborator-killers. There is a Genocide Museum in Vilnius  in the old KGB headquarters. It was occupied by the Gestapo during World War Two for the deportations and later the Lithuanians suffered there under Stalin. In Eastern Europe I found the Lithuanians the most friendly and most open to talk about stuff. I wasn’t prepared for that. It is hard to understand. ( a street in Vilnius Lithuania)

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Trakai castle surrounded by Lake Galve is about an hour out of Vilnius.  All the brides come on the weekends to take photos. There were many because if you don’t get married on a Saturday, the neighbors start counting the months.

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Palanga is the busiest summer resort in Lithuania and the traffic on a Sunday proved that point.

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Riga, Latvia has the largest collection of Art Nouveau buildings in Europe. This is designed by Max Eisenstein (father of filmmaker Sergei.)

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Rumbala,  which is 10 kilometers  outside of  Riga, is where 25,000 Jews were murdered during WW2. Rumbala and Babi Yar (in Kiev, Ukraine) were the two biggest  massacre killings in Eastern Europe until the death camps. This was the only Jewish  Holocaust memorial in the original Soviet Union.

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Parnu, Estonia is an elegant beach town with depressing Soviet architecture.

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Estonia is between Latvia and a ferry ride to Finland. ( 43 miles away, yes I was there)  The influence of their Nordic neighbors is very noticeable, in the spelling, the food, and the design.  Talinn, the capital of Estonia is a blend of a historical Baltic city and cool Nordic  food and fashion trends. The former KGB headquarters are now the Hotel Viru. I did major shopping and eating here. The Wall Of Sweaters is fun for everything wool and located on the old city wall by the Viru Gate. The leather stores from Italy have  better prices here. (Talinn, Estonia, cathedral of Alexander Nevsky, sweater wall)

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Prague is considered to be one of the most beautiful cities in the world. I have been there twice. It  is called the Paris of the East.  There is culture, history, five-star restaurants and hotels. The Charles Bridge connects the old town with  the Mala Strana and is one of the most iconic structures in Prague. (Art Museum and Charles Bridge)

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The Jewish Quarter dates back to the thirteenth century. The Old New Synagogue is the oldest synagogue in Europe in Gothic thirteenth century style.  It is in use today. The Old Jewish Cemetery was established in the first half of the 15th century.  it is one of the most important historic sites in Prague´s Jewish Town. The oldest tombstone, which marks the grave of the poet and scholar Avigdor Karo, dates from the year 1439. Burials took place in the cemetery until 1787. Today it contains some 12,000 tombstones, al though the number of persons buried here is much greater. It is assumed that the cemetery contains several burial layers placed on top of each other. (Prague Cemetery)

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Leadership in these countries has not been great. Decades of totalitarian rule damaged the way people in power think and behave; and the harm has not been repaired.

The mindset of the younger generation is everything  anti Communist or anti the time of the Soviets as they say. Under Communist rule, the State was responsible for everything – even for little things. Today people must make decisions and take responsibility for them – not an easy task for those who have been raised to follow, not to lead.

Fly safe,

JAZ