Just an ordinary economist who loves leatherworking, photography and video. Love cooking. Eating I love even more. I travel. I drink as well
Dear Coilers, as the colder days are coming, darker and warmer beers will replace those light summer brews. Stouts are of the darkest, and with wide sub styles it is one of the most interesting styles to explore.
ENGLISH STOUT is a beer developed as a sort of stronger porter which took off as independent style by use of roasted barley which gives Stout more depth.
English Stout has deep dark roasty flavour which comes from roasted barleys which are used in proportion with malted barley. Heavily roasted barley is intact in fermentation and its sugars don’t turn to alcohol so it can’t be used alone in brews.
In this more full than medium bodied beer hops are used to balance roasty bitterness and sweetness of malts thou some brewers add hops for flavours, to add a bit of hoppiness. Dark flavours of coffee and chocolate are present as expected.
CHOCOLATE STOUT is a Stout which was named this way by the brewers for its strong and very noticeable flavours of dark chocolate which comes from the use of darker and more aromatic malts like chocolate malt. It is a malt that has been roasted or kilned until it acquires a chocolate colour. Those malts give stronger, richer, more bitter feeling with notes and flavours of chocolate, coffee, dark and dried fruits.
Dark, mysterious, ebony coloured stout with a distinct aroma of roasted chocolate & malt.
Rich, full bodied & deeply satisfying.
Roasted coffee & peppery hops leave a robust after bitterness, balanced by a hint of sweetness.
Contains: Malted BARLEY and WHEAT.
STYLE: CHOCOLATE STOUT
ALC VOL: 4,5%
BITTERNESS: N/A IBU
It pours deep dark brown with medium creamy head which doesn’t stay long but leaves generous lacing.
Nose is very malty and pretty sweet with much less chocolate and coffee than I’ve expected! Strong sourdough bread (wheat?!). But both, chocolate and coffee are present... like coffee was brewed with water from the lake in summer.
Dear Coilers, we live in odd times. Two weeks ago I’ve watched a football match with my friends, when Hrvoje C. (my dear friend and an economist who is a brilliant “pessimistic economy” mind) asked me do I think that our generation was born during the worst times?! We were born in communism, lived thru the war (Croatian War For Independence), then the economy transition from socialist economy to capitalism, global crisis of 2008, now the pandemic... He concluded that our parents lived more peaceful and happy lives in 1970s and 1980s.
I said it was nothing special, we had pretty nice childhood, never really lacked anything, attended the best high school in our country, then uni...
...but when I think better, he was right! We were just too young and stupid to see that the times were/are awful.
I’m writing this following the news...
When the British Crown starts telling you what’s good for you, take your musket out of the wardrobe and clean it! – Thomas Jefferson
The Prince of Wales *has warned the climate crisis will “*dwarf” the impact of coronavirus.
In a message recorded from Birkhall in the grounds of Balmoral, played at the virtual opening of Climate Week *today, Prince Charles said “*swift and immediate action” was needed.
*He said Covid-19 provided a “*window of opportunity“ to reset the economy(‼️) *for a more “*sustainable and inclusive future*” and that the pandemic was “*a wake-up call we cannot ignore”.
*”*Without swift and immediate action, at an unprecedented pace and scale, we will miss the window of opportunity to 'reset' for... a more sustainable and inclusive future.“
*”*It is now rapidly becoming a comprehensive catastrophe that will dwarf the impact of the coronavirus pandemic.“
Apparently poll suggests there is growing concern among citizens all over the world about climate change, although there are big differences about the level of urgency required to tackle the issue.
https://cinnamon.video/watch?v=413659278147060924
Writing this in a bar, some 25 people in, the poll suggests:
I don’t give a **** about climate change – 100%
I am concerned about climate change – 0%
Now we have to ask ourselves, is this all about pandemic and climate change or it is nothing else but the pre planned global reset?!
I maybe live in world’s stupidest and the most stubborn country but we are not that stupid! Nobody wants to loose job nor income for some rich people to play the game of the “Protectors of the Nature”.
Nobody of us owns a private jet to fly to Davos, nobody owns a house which sucks electricity in the amount big enough to light a smaller country for a year... Nor we have oil companies stocks, do not own coal mining companies, nor...
The biggest impact on climate are our breaths and farts.
BUT – If “they” say the reset is needed – the reset it will be. The only thing we can do is to try to prepare for the new age to come. Many will loose their jobs, many families will end homeless and hungry, misery and depression will become an everyday entourage of the commons.
A fact that the future is dirty is clear as a whistle!
Dear Coilers, I’ve been thinking about some things I’ve discussed with my friends last few days...
The premise we have started from was that the depression is imminent! Which it is, no doubt about it.
Then we have been discussing the imminent crash of many businesses and the possibility of entrepreneurs to find new (or old) businesses which could thrive in “bad” times. There always are those, no doubt about it.
America was built on business opportunities. The world will follow in 2020 crisis! – Thomas Jefferson
As well, there was a friend who’s family has estate with a house, wine cellar and vineyard. His father who had took care of it for years decided to sell it as his sons had no interest in it.
He got an offer few months ago which was lowball and decided to skip it but a week ago he got an offer more than twice higher than the first one and he made the decision to sell.
My friend agreed but his brother said (after years of no interest) that maybe he would go into it...
A friend asked me for the advice and after I’ve heard what the offer was I told him that the only insane person wouldn’t accept it. He agreed. Then he asked how to present it to his brother?! I asked how many times he goes there a year, the (expected) answer was once in ten years and never in vineyard!! I’ve said he can put the money on the side and if he wanted to have similar property in future, he can buy it then, closer to where he lives and possibly for much less money due to the incoming depression. A friend agreed.
Today I got a call from a friend and he told me his brother agreed with selling the estate and accepted my advice about his possible future property...
Now back to the chat with Coilers and a reminder from one of them that some person decided to enter real estate business in the heart of the COVID plandemic. Imagine that economics mastermind which came to that brilliant idea?!
During the time when 85% of the office buildings are empty while “work from home” is becoming a mainstream, not just freelancers’ privilege, the time when (almost) nobody buys and many want to sell... real estate agents are sought after as much as bubonic plague is wished as a birthday present.
Thou, one real estate business niche could become interesting. Buying when the prices drop severely (soon) and resell in future when big ROI can be made. To do it, one has to have spare cash (a lot of it) or cheap source of money, and has to find the sort of property which will be sought after in future.
In the meantime one should research the past crisis and business opportunities which opened in those hard times.
Every crisis ends in old wealth becoming even greater and with a new generation of new wealth being made. Both raised from the ponds of blood of those who perished in turbulent times.
Many think that Crypto will be the one which will made them raise from the bottom. But ask yourself one thing, how many have to perish for many to flourish?! 10-1? 100-1? 1000-1?... I think that 100000-1 is closer to the real truth!
If just 10 million people have a decent Crypto investment and if only 1000 have to perish for them to flourish; 10billion have to perish!
Even if Crypto is THE thing, many will be lost thru the “get filthy rich” process to feed those persistent!
Be smart, DEVIRSIFY!!!
Thanks for reading,
Srdan
Dear Coilers, some of you have watched a short film I’ve made about the Zagreb funicular, now I am going to tell you a story about it.
(Ilica street)
At the northern end of Tomićeva Street and just a few steps from Ilica, the longest Zagreb street, is situated Zagreb funicular. The funicular was built in 1890 and has been in operation since April 23, 1893. Initially it had steam engines, which were substituted with electrical engines in 1934. Having in mind that it kept its original shape, constructional and most of the technical properties, it was given legal protection as a monument of culture.
(A view from the Tomićeva street)
History
D.W. Klein, a contractor from Osijek, presented the idea for Zagreb’s funicular to the city council in year 1889. Inspired by the funiculars in other European cities, Klein counted passersbys climbing the wide, wooden stairs on Bregovita Street (now Tomićeva street) to confirm that it was the busiest path between Zagreb’s Upper and Lower Town. So on October 8, 1890, the Zagreb funicular embarked on her maiden voyage.
(Cabin No2)
The funicular frequently broke down in next two years so it was supposed to be reconstructed, but somehow it kept running for the next 38 years! During that time, the two cabins were divided into the first and second-class sections, and the first-class section was reserved for Zagreb’s elite citizens only, which, unfortunately, is not today.
When Klein’s rights to the funicular expired in 1929, Zagreb funicular was handed over to the ZET – Zagreb Electric Tram. city owned company operating electric trams, funicular, busses and cable car (in reconstruction atm). In the years that followed ZET has renovated the cabins and tracks, and in 1934, replaced the steam engine with an electrical system.
(Upper Town station)
Throughout the 1960s, the funicular transported approximately 55.000 passengers a year. In 1969, Zagreb funicular was in need of extensive renovations, so it was shut down and remained out of order till 1973 when construction work finally began. In 1974 the newly refurbished funicular was opened, the stations were rebuilt and, apart from a few modern improvements, they remained exact reproductions of the originals. The original engine components were given to Zagreb Technical Museum.
Trivia
Zagreb funicular is holding several world records! It happens to be the safest public transportation system in the world, since no passengers have been injured while riding it in over a century. Also, it´s Zagreb’s oldest organized public transportation system and with 66 meters in distance it’s the shortest funicular in the world! The trip lasts only 64 seconds, but despite this it’s a fun ride and an efficient way to reach the Upper Town.
The Zagreb funicular is equipped with a hydraulic lift platform and an access ramp, so it’s a great option for visitors in wheelchair or who can’t climb the stairs.
The funicular actually keeps itself pretty busy. It departs every ten minutes, seven days a week, from 6:30 a.m. until 10:00 p.m. and transports around 750.000 passengers annually.
Ticket price is just 5,00 HRK ($0,8), and If you want, you can ask for an immediate departure by paying 20 HRK ($3,15).
https://cinnamon.video/watch?v=404996712403306272
Thanks for reading,
Srdan
Dear Coilers, I’ve came across a few posts written by some well known creators as well as those who are still not highly positioned and some thoughts crossed my mind.
There was kind of a national discussion here about are influencers and bloggers really working or are just fooling around?!
A regional influencer asked for a free dinner in exchange for tags on social media and the restaurant refused her. Then she had published their conversation on her Tik-Tok account and the whole country was on fire! Everyone had an opinion about it. (She has over quarter of million followers on social media)
There was a majority who thinks she is just a stupid girl who wants free stuff but there are some who understand the business she had chosen to be in.
Everyone is an influencer, the difference is the number of people we influence. I myself have more influence in “real” life than here but I am sure that I’ve influenced some people on Coil with my post about Paracetamol. (The point was that people start thinking about the drugs they take, for which they think are just a medicine which will help them solve some medical problems).
And in the end it all comes to money. Many people say they do their job out of pure love but that is a shameless lie! You do your hobby for love, you work for money!
Here on Coil, there are many creators. Some of us, luckily, have come to the position of being boosted for our work. All others are posting with the thought of being boosted or to monetize their content in some other way (micropayments on a side, still not a change worth).
Is the money good?
From my point of view it is. From some others’ it is not. Living expenses vary from country to country. I am lucky to live in a country which is still somewhere between the first and the second world. (Thou statistically, even the poorest Croat is wealthier than 98% of world’s population!).
It is the 15th in a month, the day when the boosts are usually announced. I was lucky to get both Coil and Cinnamon boosts. Cinnamon is $300 (if you deserve it, or 50, or even 600...) and Coil differs from month to month...
Croatia is a beautiful country, safe, modern, great climate, Adriatic Sea, mountains, healthy food, tourists paradise... with stubborn inhabitants but we manage to live with each other, somehow.
Average monthly salary of around $1040, minimal salary of around $500, and doctors, pharmacists, IT industry... around $2250... makes Croatia look like some poor third world country. But the costs of living are much lower than in over expensive “highly developed” world.
A beer in a bar is about $2,5 and 60sq meter apt is about $500 a month plus $150 for the utilities. (The important monthly expenses)
I do not have to pay rent so that is the most important! (If I had to, the project would be doomed in the very beginning)
So I’m gonna live next month with the boost and if I live to tell I’ll inform you about it in a month!
Nobody can survive on some blogging platform boosts! – Thomas Jefferson
POTUS 3, I accept the challenge!
Dear Coilers, my Country, Croatia, is small and backwards but every now and then some star shines above it, like in 1856 when Nikola Tesla was born in a village of Smiljan, or in 2018 when Croatian football National team was runner up in FIFA World Cup and Luka Modrić won Ballon d’Or, as world’s best player (which obviously are greater achievements than those of Tesla).
A new star appeared in a form of a postage stamp(?!) issued by Croatian Post.
Value: 50.00 HRK
Design: Ivana Vučić and Tomislav-Jurica Kaćunić, designers from Zagreb; Illustrator: Davor Rukovanjski
Size: 35.74 x 40.98 mm
Paper: self-adhesive, white, wood-free, grammage: 75 g
Perforation: Comb,14
Technique: Multicolored Offset print
Printed by: AKD d.o.o., Zagreb
Date of issue: 09/09/2020
Quantity: 100000
Croatian crypto stamp:
180 years since the first stamp, Croatian Post, in cooperation with the Croatian blockchain community gathered around the Blockchain and Cryptocurrency Association, presents the Croatian crypto stamp.
An incredible combination of philately and modern technology arrives in the 12th year after the appearance of blockchain technology in its first emanation – the Bitcoin.
The Croatian crypto stamp is envisioned as the perfect combination of the analogue and the digital. After purchase of the crypto stamp, the part used for paying the postage may be detached, while the digital part remains to be used in the blockchain. Stamps are represented in the blockchain as the so-called unique or non-fungible tokens (NFT) under standard ERC721.
Such non-fungible tokens have collectible value, just like classic stamps, which means that philately is faithfully transposed into the digital world. Since such tokens are located on the Ethereum platform, they have the potential to live forever, which adds another dimension to philately – protection from deterioration caused by passage of time.
The web shop in which Croatian Post will enable the purchase of crypto stamps is envisioned as an interactive mosaic that offers the option of paying for the stamp using cryptocurrency.
In order for collecting to be faithfully transposed into the digital world as well, crypto stamps will be divided into different categories, emphasizing distinctiveness and exclusivity.
Five different means of transport were selected as motifs for the categories. One of the categories will be limited to only 1,000 copies (the drone motif category), while the van motif category will be issued in the largest quantity (60,000 copies). Motifs also include train (25,000 copies), ship (10,000 copies) and airplane (4,000 copies), which, along with the two above categories, brings the total quantity to 100,000 stamps.
The crypto stamp project is extremely important for the development of this relatively new industry in Croatia, but also for putting Croatia on the blockchain world map, as well as on the world philately map, since the crypto stamp also marks an anniversary: 180 years since the first stamp, the “Penny Black”, was issued.
Whether digital albums will replace philately albums remains to be seen, but it is already clear that the passion that people have for collecting rare items did not disappear with the emergence of digital technologies, says Vlaho Hrdalo Chairman of the Blockchain and Cryptocurrency Association.
Dear Coilers, how many of you use Acetaminophen (Paracetamol)? How many of you use it frequently?
Are you aware that it can affect your decision making?
Recent studies say that the world’s most common painkiller induces risky behaviour!
Paracetamol increases risk-taking, according to a new study that measured changes in people's behaviour when under the influence of it.
“Acetaminophen seems to make people feel less negative emotion when they consider risky activities – they just don't feel as scared” says neuroscientist Baldwin Way from The Ohio State University.
“With nearly 25 percent of the population in the US taking acetaminophen each week, reduced risk perceptions and increased risk-taking could have important effects on society.”
https://academic.oup.com/scan/advance-article/doi/10.1093/scan/nsaa108/5897711
The findings add to a recent body of research suggesting that acetaminophen's effects on pain reduction also extend to various psychological processes, lowering people's receptivity to hurt feelings, experiencing reduced empathy, and even blunting cognitive functions.
https://news.osu.edu/when-you-take-acetaminophen-you-dont-feel-others-pain-as-much/
In a series of experiments involving over 500 university students as participants, Dr. Way and his team measured how a single 1,000 mg dose of acetaminophen (the recommended maximum adult single dosage) randomly assigned to participants affected their risk-taking behaviour, compared against placebos randomly given to a control group.
In the task, participants click a button to inflate a balloon on their computer screen. Each time they inflate it they receive virtual money. They can stop at any time and add the money to their “bank,” and move on to the next balloon. But there is risk involved.
“As you’re pumping the balloon, it is getting bigger and bigger on your computer screen, and you’re earning more money with each pump,” Way said.
“But as it gets bigger you have this decision to make: Should I keep pumping and see if I can make more money, knowing that if it bursts I lose the money I had made with that balloon?”
For those who took the acetaminophen, the answer was: “Keep on pumping!” Results showed that those on the drug pumped more times than those on the placebo and had more burst balloons.
“If you’re risk-averse, you may pump a few times and then decide to cash out because you don’t want the balloon to burst and lose your money,”
“But for those who are on acetaminophen, as the balloon gets bigger, we believe they have less anxiety and less negative emotion about how big the balloon is getting and the possibility of it bursting.”
Overall, however, based on an average of results across the various tests, the team concludes that there is a significant relationship between taking acetaminophen and choosing more risk, even if the observed effect can be slight.
“Exploring such psychological alternative explanations for this phenomenon – as well as investigating the biological mechanisms responsible for acetaminophen's effects on people's choices in situations like this – should be addressed in future research”, the team says.
Acetaminophen and COVID
Despite the seriousness of those findings, acetaminophen nonetheless remains one of the most used medications in the world, considered an essential medicine by the World Health Organisation, and recommended by the CDC as the primary drug you should probably take to ease symptoms if you think you might have coronavirus.
BUT
“Perhaps someone with mild COVID-19 symptoms may not think it is as risky to leave their house and meet with people if they're taking acetaminophen”, Way says.
“We really need more research on the effects of acetaminophen and other over-the-counter drugs on the choices and risks we take.”
Investing “On Paracetamol”
Now tell me, have you ever invested when under the influence of Acetaminophen?
Have you ever “played” a game of trading, trying to scalp in crypto exchanges waiting to make a dollar or two more just for the sake of “feeling good”?
Have you ever lost some funds due to taking too high risk?
The implications of the impact of Acetaminophen on your decision making can be significant! Think twice before you trade after you relief a headache. Maybe you should rather take a nap.
Dear Coilers, Dram! is back after few weeks of summer pause and is going strong in taste with a Porter.
As you’ve already learnt
Porter is an old style of beer. It originates from the early 18. century London in pubs of which different old styles of beer were poured. A legend says that a barman in one of the pubs blended mild and light hoppy beers with darker aged old ales. The result he got became a hit so brewers decided to make a beer style which will have the qualities of that blend. And Porter was born. Thru time brewers were experimenting with different malts, hops, yeasts... and they’ve made Stout. As a fact Stout is stronger Porter. It is Stout Porter.
Porter was popularized by Arthur Guinness, who brewed it until experimenting with recipe gave a stronger, Stout Porter, a Guinness!
English Porters come in two styles, Brown and Robust. Brown Porter is more malty than hoppy, with flavors of bittersweet chocolate, caramel, or toffee, without any or at least not much of roasted barley (which gives stout its coffee feeling). Brown Porter is a kind of heftier Brown Ale.
Robust Porter is a more intense, thanks to use of roasted and black malt, sometimes with accompanying substantial hops and it is much closer to Stout.
Brews we drink today differ from the originals which were made mostly with brown malts and differed from Stouts as they lacked strong roasted barley feel.
Soon the brewers found that they could make dark beers cheaper by brewing with pale malts and adding highly kilned darker malts for colour and flavour. The flavour most probably wasn't the same as before, but before long, no one knew the difference. That new beer was probably very close to the style as we know it today.
A TRIVIA FROM PORTER HISTORY
Porters were the beer of choice for English workers during the Industrial Revolution. No article about porter would be complete without mentioning the infamous “beer vat” incident.
The volume of porter needed to quench the thirsts of so many workers was so high that conditioning and aging the beer in kegs wasn't practical. The British brewers began using vats, big vats, to store and age their porter in.
One of the largest was around 20,000 barrels in volume (one British beer barrel equals 36 US gallons so this would have been about 720,000 gallons of beer). In 1814 this vat collapsed under the weight of beer inside and sent a giant wave of porter throughout the surrounding area and into the streets. It killed eight people.
BLACK WYCH BY WYCHWOOD BREWERY – spellbinding porter,
The Black Wych has cast her spell , start with a measure of
alluring rich dark malt & allow the bitterness to creep in.
This silkily smooth porter is a force to be reckoned with.
(Brewed primarily for export)
STYLE: ENGLISH ROBUST PORTER
ALC VOL: 5%
BITTERNESS: N/A IBU
It pours dark, almost black in colour with a big creamy head which doesn’t stay too long but leaves generous lacing.