99 karma · joined February 20, 2015
Wikipedia is still important and useful for many articles and subjects, but I currently just ignore their political stance.
The prices are without health insurance. Otherwise you obviously pay much less.
I am sorry you have such a bad experience in Portugal regarding housing but it is not reflective of reality.
The only thing that is clearly worse as I mentioned is the insulation, but as I mentioned in other comments that is in part consequence of the weather and countries in northern Europe have the opposite problem in the summer.
Don't confuse your inability to pay for good housing with the entire country having shit housing.
I agree the public health system sucks compared to all the other countries I have been to. Good private sector clinics work much better though. I can also give a personal example, a few years ago I had an ACL tear and waited 3 months to even have an MRI in the public system, I gave up and got it done in a few days in a private clinic, got an appointment with a top orthopaedic surgeon in a week and a proposal to do an ACL reconstruction the next week.
I agree on the bureaucracy/corruption part and that it is not a country to earn money, it is a country to spend it (there is a reason why I and so many other Portuguese work abroad).
Portuguese housing market, like potentially every other market, is smaller than the richer countries, but that doesn't mean house quality is "shit". I looked at idealista a few weeks ago and there are luxury houses being sold for 1M+ in the north (probably even more in the South), mostly obviously targeted to rich foreigners.
I agree thermal isolation is a bigger issue in Portugal though. Because really cold days are not that common, old constructions don't have proper isolation and rely on inneficient heating. In the UK however you have the opposite problem where almost no apartment is ready for warm days. A flat with air conditioning is a rarity. Last summer a friend of mine moved with his kids to a hotel for a week during the heat wave just because of this.
I agree with the bureaucracy and government inefficiency, but public roads and shit housing quality? Much larger difference between our and rich? Compared to what? Certainly not the US...
And for healthcare, the public health system has many problems but if you have the money/insurance you can use the private one, as you would in the US.
Biggest cons of Portugal are: poor economy (when compared to the leading Western countries; this results in low salaries, lack of strong international companies, external dependency, lack of autonomy, fragility to crisis) and a big state (causes high taxes, big companies dependency on the state, corruption, brain drain...). Still probably one of the best countries to retire to in the world.
Nothing wrong with trying to appeal to others, but it is better to be honest about it. "Shave it off so it doesn't look as bad for most people and it doesn't affect your life as much" is a more honest advice than "it is all about confidence and value you give to others". Being real is part of the value you give to others.
There are a lot of things worse than losing your hair, but people who worry about it don't necessarily think they provide no value to others, and people who say they don't worry about it sometimes are the ones that worry so much more that they ended up changing their behaviour, routine and appearance (gym, beard, shaving, clothes, personality...) just to cope with the insecurity.
The idea that BTC goes above 50k USD because millions of people believe its intrinsic value is worth that much is a story that BTC investors tell themselves before going to sleep. Reality is much greedier than that, and they know it, but the narrative won't change while the fairy tale continues to be profitable.
The stock market was never meant to be a way to store value but a public tool to finance and own projects that actually produce economic value. Comparing it to the bitcoin market is a false equivalence.
But best of luck for your investments.
It remains to be seen how resistant Bitcoin is if powerful governments really decide to take it down.
Bitcoin and Blockchain is an interesting project but 1 BTC > 50k USD... Yeah, sure...