In an interview with the NZZ, Christoph Schaltegger argues that Swiss cantons loose revenue when new firms move in, due to badly structured inter cantonal revenue sharing (Finanzausgleich).
Read More »Life Expectancy Indicates A Nation’s Overall Well Being – So Why Is America’s Dropping?
‘Exceptional’ America is seriously lagging behind in global life expectancy… Via: MesoTreatmentCenters.org Some additional details… Life Expectancy Indicates a Country’s Overall Well Being—So Why Is Ours Dropping? The last time U.S. life expectancy declined at birth 1992-1993: 75.8 to 75.5 years Resulting from high death rates from AIDS, flu epidemic, homicide, and accidental deaths After years of life expectancy...
Read More »Life Expectancy Indicates A Nation’s Overall Well Being – So Why Is America’s Dropping?
‘Exceptional’ America is seriously lagging behind in global life expectancy… Via: MesoTreatmentCenters.org Some additional details… Life Expectancy Indicates a Country’s Overall Well Being—So Why Is Ours Dropping? The last time U.S. life expectancy declined at birth 1992-1993: 75.8 to 75.5 years Resulting from high death rates from AIDS, flu epidemic, homicide, and accidental deaths After years of life expectancy...
Read More »Euro Saves Germany, Slaughters the PIGS, & Feeds the BLICS
Authored by Chris Hamilton via Econimica, The change in nations Core populations (25-54yr/olds) have driven economic activity for the later half of the 20th century, first upward and now downward. The Core is the working population, the family forming population, the child bearing population, the first home buying, and the credit happy primary consumer. Even a small increase (or contraction) in their quantity drives...
Read More »German and Swiss Precious Metals Refiners join forces as Heraeus acquires Argor-Heraeus
German precious metals group Heraeus Precious Metals (HPM), part of the Heraeus industrial group, has just announced the full acquisition of Swiss precious metals refining group Argor-Heraeus. Heraeus is headquartered in Hanau, just outside Frankfurt. Argor-Heraeus is headquartered in Mendrisio in the Swiss Canton of Ticino, beside the Italian border. The Heraeus takeover announcement, on 3 April 2017, continues a...
Read More »Does the Swiss Agricultural Sector Add Value?
In December 2016, the Swiss Federal Council concluded that in international comparison, government support for the Swiss agricultural sector is very high. But critics point out that the government report might understate the social cost of government support. In a separate study the lobby group `Vision Landwirtschaft’ had presented estimates according to which the Swiss agricultural sector adds negative value, on the order of 1 billion CHF per year. NZZ reports by Désirée Föry: February...
Read More »Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized
Credit Suisse has confirmed that the Swiss bank, some of its employees and hundreds of account holders are the subjects of a major tax evasion probe launched in UK, France, Australia, Germany and the Netherlands, setting back Swiss attempts to clean up its image as a haven for tax evaders. According to Bloomberg, Dutch investigators seized jewellery, paintings and even gold bars as part of a sweeping investigation into...
Read More »Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized
Credit Suisse has confirmed that the Swiss bank, some of its employees and hundreds of account holders are the subjects of a major tax evasion probe launched in UK, France, Australia, Germany and the Netherlands, setting back Swiss attempts to clean up its image as a haven for tax evaders. According to Bloomberg, Dutch investigators seized jewellery, paintings and even gold bars as part of a sweeping investigation into tax evasion and money laundering in the Netherlands. They added that the...
Read More »The Market Has Its Head Buried Deep In The Sand
The Market Has its Head Buried Deep In The Sand Several “black swans” are looming which could inflict a financial nuclear accident on the U.S. markets and financial system. I say “black swans” in quotes because a limited audience is aware of these issues – potentially catastrophic problems that are curiously ignored by the mainstream financial media and financial markets. The most immediate problem is the Treasury...
Read More »Blocher and the People That Ruined the EU
Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the European leaders sat down for lunch at the Quirinal Palace, some of them had a little too...
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