Description

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"Mongolia: Cracks in the Eternal Blue Sky" is the first book in the series "Life is Good, Potentially." Versavel takes us on a journey starting in 2016 when he arrives in Mongolia and ends in 2020 after abruptly being locked out of the country because of the Covid-19 pandemic. With deep emotional engagement, he writes about the state of the country with painful accuracy why presidents and politicians are the reason why Mongolia is not the rich country it could – and should – be.

He describes in painful accuracy how chicanery in the banking sector destroyed what little international credibility the country had, and why the number of people living below the poverty line does not reduce when the economy booms. He paints a picture of political, financial economic crises with devastating detail and a cool sense of humor.

About the Author

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Versavel is a Belgian citizen, born in 1960, banker, company director, and author. He started his international banking career in 1983. He and his wife, Brigitte, left Belgium in 1993, then lived in London, Seoul, Jakarta, Shanghai, Seoul again, Kyiv, Ulaanbaatar, and Colombo. His two daughters accompanied us on our travels until they started going to university. For almost 40 years, Versavel has lived and worked all over the world, from the United Kingdom to South Korea, Indonesia, China, Ukraine, Mongolia and Sri Lanka.

He witnessed revolutions, debated with the International Monetary Fund, played golf with Chief Financial Officers of some of the world's largest companies, discussed bond financing with Ministers of Finance, and saw currencies lose 500% of their value in just a few months. He has no compassion with politicians or corporate citizens who pretend all is fine and blame everything that goes wrong on the outside world, instead of themselves.
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