The rate of unemployment in Switzerland fell to 2.2% last year, the lowest rate in 20 years, according to official statistics. At the same time, trade unions complained that wages were too low for many workers and demanded more pay. On Monday, the State Secretariat for Economic affairs (Seco) said the jobless rate fell from 3% in 2021 to 2.2% last year. This corresponds to 99,577 people registered as out of work on average each month. The number of jobless...
Read More »LP-Skitag 2023
Am Samstag, 11. März 2023 ist es wieder so weit. Die LP führt ihren jährlichen Skitag im – bei fast jeder Abstimmung freiheitlichen – Hoch Ybrig durch. Treffpunkt 09:00 an der Talstation Laucheren (also an der Talstation mit Sesselbahn). Wir hoffen auf gutes Wetter und tolle Pistenverhältnisse und freuen uns auf euer zahlreiches Erscheinen.
Read More »Liberty Summer School 2023
Meldet euch jetzt an für die Liberty Summer School 2023. Die Anmeldefrist läuft bis am 31. März. Alle Infos findet Ihr auf unserer Event-Seite.
Read More »Will Biden’s Trip to the Border Win the War on Immigrants?
Immigration-control advocates are ecstatic over President Biden’s visit to El Paso. Maybe — just maybe — Biden’s trip will be what finally — finally! — brings victory in the decades-long U.S. war on immigrants. Except that it won’t. The hope of the immigration-control advocates will be dashed once again. The decades-old immigration crisis, along with the deaths, suffering, and police state that come with it, will go on, notwithstanding Biden’s trip to the border....
Read More »What if the “Black Swan” of 2023 Is the Fed Succeeds?
If the Fed succeeding is a “Black Swan,” bring it on. What if the “Black Swan” of 2023 is the Federal Reserve succeeds? Two stipulations here: 1. “Black Swan” is in quotes because the common usage has widened to include events that don’t match Nassim Taleb’s original criteria / definition of black swan; the term now includes events considered unlikely or that are off the radar screens of both the media and the alt-media. 2. The definition of “Fed success” is not as...
Read More »Evidence Of A Declining Economy
The first week of 2023 was a “bad news is good news” from the Wall St. perspective. Evidence of a declining economy should drive stock prices lower, but since markets are so distorted by counterfeit money rather than wages and profits, stocks and bonds can’t wait to cheer until those less fortunate are in a world of hurt! . Here are several headlines just today that suggest the global economy is heading into the soup! “Samsung Profits Plunge 69% as Global Chip...
Read More »Swiss rents and property prices up in 2022
© Ocskay Mark | Dreamstime.com A sharp rise in rent in December 2022 (+1.1%) left the average Swiss rent 4.3% higher than at the beginning of 2022, according to the Swiss Real Estate Offer Index, published on 4 January 2023 by SMG Swiss Marketplace Group. This annual jump of 4.3% exceeds the annual CPI increase of 2.8% announced this week. Increases varied significantly by region. The highest rent rise was recorded in Ticino (+8.4%). The jump in Greater Zurich...
Read More »The Present Fiat Monetary System Is Breaking Down
The heart of economic growth is an expanding subsistence fund, or the pool of real savings. This pool, which is composed of final consumer goods, sustains individuals in the various stages of the production process. The increase in the pool of real savings permits the expansion and the enhancement of the infrastructure, and this strengthens economic growth. An increase in economic growth for a given stock of money implies more goods per unit of money. This means that...
Read More »Greenback’s Sell-off may Stall Ahead of Powell Tomorrow
Overview: Don't fight the Fed went the manta as the market took the US two-year yield back up to 4.50% in the aftermath of the FOMC minutes last week, the highest in over a month. The minutes warned of a premature easing of financial conditions. And then bam, softer than expected hourly earnings and a weak service PMI and bonds and stocks rallied, and the dollar was sold. This is a key part of the backdrop for this week, for which several Fed officials will speak,...
Read More »Forex Trading to Beat Inflation? The Key Considerations
Inflation rates are continuing to rise across the globe, with the UK arguably leading this trend. More specifically, the UK inflation rate hit 10.7% in November, and while it dipped slightly from a peak of 11.1% in October, it remained considerably higher than the Bank of England’s target of 2%. This is impacting the cost of energy and food items markedly, creating a cost-of-living crisis as inflation continues to outstrip earnings across multiple industries. With...
Read More »