Where to get a Master’s Degree?
Over the last few months, a few people have asked me where they should get their master’s degree. Three types of people approached me: Undergraduate students who realize that they are not about to find a job in September due to the current situation. I can empathize...
9 reasons to get Residency in the Republic of Georgia
Maybe you haven't heard of the Republic of Georgia in the South Caucasus, but there are many compelling reasons to seek residency there. Personally, it's one of my favorite countries and I go there on a regular basis. I absolutely love Georgia. 1. The only territorial...
Jerome Powell (Fed) vs. George Floyd (the People)
The Federal Reserve's balance sheet started the year at $4 trillion, is now at $7 trillion and is on its way to $10 trillion. Where does all this money come from? Well, let's watch Jerome Powell, the Federal Reserve Chair, explain it....
The Pros and Cons of opening a Bank Account in Tbilisi, Georgia
I’ve written previously about Georgia and real estate opportunities in its lovely capital Tbilisi, but this is my first post exploring bank account offerings there. Opening a bank account in Georgia is definitely worth your consideration. The Republic of Georgia is...
A Real Estate Investment in Granada or San Juan Del Sur, Nicaragua?
After writing about the economy in Nicaragua a few weeks ago, I received many inquiries about making a real estate investment in Nicaragua. Read the article on Nicaragua's economy - it serves as a good preface to this article. I'll focus on San Juan Del Sur and...
Is a bank run possible in your country? The example of Lebanon.
While central banks everywhere are printing currency and governments are handing out billions to individuals via stimulus schemes like helicopter money, we are still not witnessing any bank runs. The media and governments everywhere are quick to say that a bank run is...
The Pros and Cons of Opening a Bank Account in Panama as a Non-Resident
There are many reasons why anyone with even a little bit of money should diversify and open a bank account offshore. Opening a bank account in Panama as a non-resident is an option. I spent some time on the ground in Panama in early March and went to few banks. Let’s...
Is Nicaragua a Worthy Investment Destination?
I’m currently in Nicaragua doing some research and spending my Corona time here rather than Europe. The country has quite a reputation these days, but certainly not as an investment destination. A bit of background Nicaragua was a focal point of the Cold War, with...
How to get money OUT of your country without an offshore bank account
People are getting their funds out of shaky banks with creativity. I've been called a fear-monger. But when I see news that Italy is launching a stimulus worth over 40% (!) of its GDP to attempt to revitalize the economy, I can't help but shiver. It's not...
9 Reasons why the economy in South Africa is on the verge of a crash
I absolutely hate having to write this report, as South Africa is close to my heart. I worked full time in South Africa for 4 years, made many friends, worked with lovely colleagues and absolutely fell in love with the country. This analysis will offer a macro...
A Surreal Youtube video by the FDIC
Last week I wrote about the very shaky position many banks are finding themselves in due to the trillions in derivatives they are sitting on. What can make such a situation worse? People starting to take their money out of the banking system. We haven't reached the...
The Friendly Nations Visa in Panama
Have you ever heard of the Friendly Nations Visa in Panama? Well, think of a place with the following advantages: Year long sunshine Sublime beaches Beautiful national parks A friendly, youthful and growing population A regional leader in terms of the Ease of Doing...