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SNB & CHF

The Fed and the Cotton Candy Market

As I have discussed previously, if you borrow cash then it’s not income. This is why no one in his right mind borrows to buy consumer goods. Those who try cannot sustain it for long.What if someone else borrows? Suppose someone else—let’s call her Jordyn—buys your house from you, at a higher price than you originally paid for it. You can spend some of the gain. Of course she is just paying you with her borrowed proceeds, but most people think this is totally different than if you borrow to...

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Highly qualified and jobless

Steps are being taken to help executives get back on the job ladder. The number of highly skilled unemployed has almost doubled in the last ten years to 30,000 people. Zurich, like other cantons, has initiated programmes to help skilled job seekers like this. (SRF/swissinfo.ch) swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews...

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Licence plates, each one unique

Car number plates are mostly made by hand at the Shipra company in canton Zurich, which produces 350,000 per year. (SRF/swissinfo.ch) -- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel:...

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Listen to the Sirens of the Stock Market at your Peril!

John Henry Smith of Grail Securities (Switzerland) shows that the financial markets have always been awash with its own brand of Sirens, who dolefully prophesied the complete collapse of whole economic systems. For him Pericles gave the best advice: “The key is not to predict the future, but to be prepared for it!” —————————————————————————————— In Homer’s Odyssey, the Sirens were dangerous and beautiful maidens, who irresistibly lured sailors with their enchanting, but sad, music and...

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Jackson Hole: Cherry Flavored Cyanide, or Strawberry

The Federal Reserve puts on a conference in the idyllic location of Jackson Hole, Wyoming. Of course it’s all about how best to centrally plan our little lives for us, and who is to be sacrificed to whom. The American Principles Project and the Atlas Network Sound Money Project, provided a much needed alternative in the Jackson Hole Summit. By choosing the same time and place as the Fed, Steve Lonegan capitalized on the publicity. In fact, the #jacksonholesummit hashtag was trending on...

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What is civic education?

Switzerland gives its citizens the chance to play a direct part in political decision-making. Although direct democracy is not unique to Switzerland, it is probably more highly developed here than in any other country. Swiss citizens can either propose legislation of their own, or work to defeat legislation already approved by parliament. However, democracy only works if people understand the rules and play along. Many democracies suffer from poor participation in the voting process, due to...

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Bill Bonner: Cash Shortage to Hit U.S.

http://goo.gl/j4qxLd When it happens, there won't be any warning... Multi-millionaire Bill Bonner has been tracking a fatal flaw with the U.S. economy that could sneak up on Americans who are unprepared. Click this link after you've watched Bill's urgent message: http://goo.gl/j4qxLd

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Bill Bonner: Cash Shortage to Hit U.S.

http://goo.gl/j4qxLd When it happens, there won't be any warning... Multi-millionaire Bill Bonner has been tracking a fatal flaw with the U.S. economy that could sneak up on Americans who are unprepared. Click this link after you've watched Bill's urgent message: http://goo.gl/j4qxLd

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Unpredictable glacial lake – a risk factor

How the Bernese mountain village of Lenk is protected from flooding caused by a glacial lake. (SRF/swissinfo.ch) swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

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