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Mongolian Diplomacy - Stay Out of War With Russia and China

Yesterday, I talked about Crossing the Chinese/Mongolian Border by Land. I mentioned that I met a really interesting, intelligent, and world-traveled guy named Bat, and we had some good conversations.

I learned a lot about Mongolia from Bat. Here's some highlights:

Mining is one of the fastest growing sectors in Mongolia - some Australian companies have made huge investments into Mongolia the last year or two, and next year is projected to be the largest budget the government of Mongolia has ever had.

I asked Bat, "So what do you think the government is going to spend the new revenues on? Military, education, infrastructure, or...?"

Living and Investing in Mongolia

Got this email titled "Investing and Living in Mongolia" from a reader. Good questions here -

Hi Sebastian,

I enjoy your blog. I saw that you recently moved to Mongolia. I am curious what made you move to Mongolia (i.e. curiosity to explore vs. a new job)? What is it like there for foreigners? Is it a suitable environment for investing capital? Do you feel safe?

Mongolia is an extremely promising country from the outside, yet nothing beats the perspective of someone who is there on the inside (even though you have not been there a very long time).

All the best,

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