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...
Read More »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...
Read More »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
Read More »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
Read More »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:...
Read More »Hawk scares off flying pests
A Geneva restaurant has engaged a falconer to deter nearby pigeons. (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:...
Read More »What’s a referendum?
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. A referendum is a nationwide vote called to challenge a piece of legislation already approved by parliament. If a group opposed to the new law manages to...
Read More »Call for action after attacks by cows
Following a fatal attack on a tourist in Graubünden by suckler cows, farmers are fencing off their cattle to better protect hikers. (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:...
Read More »The 2015 Update: Risks on the Rising SNB Money Supply
Since the financial crisis central banks in developed nations increased their balance sheets. The leading one was the American Federal Reserve that increased the monetary base (M0, often called “narrow money”), followed by the Bank of Japan and recently the ECB. In most cases the extension of narrow money did neither have an effect on banks’ money supply, the so called “broad money” (M1-M3), nor on price inflation. For the Swiss, however, the rising money supply concerned both narrow and...
Read More »Q2 2015: Swiss GDP up 0.2%, Strong Rise of Investments on Equipment, Consumption Lags Again
Swiss GDP increased by 0.2% q/q and 1.2% y/y. Once again, investments on equipment and software (+3.6%) was one of the main drivers. For many economists investment on equipment and software is the most desired GDP growth component. SECO: Gross domestic product in 2nd quarter 2015 (source)Each quarter, the Swiss department of economics (SECO) estimates the GDP and its components. The main purpose of these estimations is to provide data that allows for an assessment of the cyclical...
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