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Tag Archives: Europe

How much does it cost to become a U.S. Ambassador?

Of course it’s a matter of supply and demand. The cost of an ambassadorship in a nice peaceful European country where there are lots of cocktail parties and relatively few civil insurrections garners top dollar. The ambassadorships in places like Burkina Faso and Paupa New Guinea tend to go for a song. In fact the State Department often has to pay people to be ambassadors in those countries.

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Polish politicians seized half of the retirement funds of Polish citizens earlier this year. What country is next?

Times are hard but they will likely get harder. We’ve covered over gaping cracks in the world economy with fiat money paper mache, but it won’t last. In fact the paper mache is disintegrating right in front of us. What Poland did to its pensioners earlier this year is an example of the underlying instability in the world economic system.

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