Tag Archives: Switzerland

The Swiss Sovereign Money Initiative targets the Swiss banks, that already today are quite conservative in giving new loans.  It fails to target the real responsible of the massive Swiss money creation, the Swiss National Bank. “If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.” –Josiah Stamp Isaac Davis, Staff...

“We’re moving into a global recession that has nothing to do with Brexit,” warns Marc Faber stressing that Britain leaving the EU would not be disastrous, saying that if Switzerland can operate in a “single” market and outside of the EU so can Britain.  “Brexit is a victory of ordinary people, common sense and people who are prepared to take responsibility for the sake of freedom against a political and...

Authored by Alastair Macdonald, originally posted at Reuters.com, Stalemate between Britain and the European Union over what happens next following Britons’ referendum vote to leave has opened up a host of possible scenarios. Here are some that are (in some cases, barely) conceivable: 1. BY THE BOOK Prime Minister David Cameron, who said he will resign after losing his gamble to end British ambivalence about...

  Winners and Quitters Vince Lombardi, the famous American football coach, once said, “Winners never quit and quitters never win.”  Maybe he meant that winners overcome obstacles to reach their goals while quitters give up and fall short… or something to that effect. Certainly, this makes for a good bumper sticker.  Perhaps it’s a helpful quote for the first time marathon runner to repeat come mile 20.  Saying it aloud...

Authorities in the Austrian town of Mistelbach issued a temporary pool ban for refugees following a sexual assault by a “dark-skinned’ man on a 13-year-old girl. German and Swiss are issuing leaflets how to behave in pools. Earlier this year we reported that a town in Germany had banned adult male asylum seekers from the public pool after receiving complaints that some women were sexually harassed. As a result,...

Electoral workers prepared a polling station for the referendum on the European Union in north London. Credit Neil Hall/Reuters To help explain why the British voted to leave the European Union, look to Switzerland. The famously neutral Swiss rejected membership in the European Economic Area, a potential steppingstone to the European Union, in a 1992 referendum, but Switzerland didn’t formally withdraw its dormant...

One of the rising laments against NIRP is that far from forcing savers to shift from cash and buy risky (or less risky) assets, it has done the opposite. Intuitively this makes sense: savers expecting a return on the cash they have saved over the years are forced to save even more in a world of ZIRP or NIRP, as instead of living off the interest, they have to build up even more prinicpal. Jeff Gundlach confirmed as...

Authored by Peter Cleppe, originally posted at Euro Insight, If Brexit marks the beginning of the end for the European project, Brussels will take its share of the blame If Britain leaves the EU and if the reaction to Brexit causes years of uncertainty, the EU will reap what it has sowed. British discontent is only a precursor to unrest on the Continent, where populists from across the political spectrum feel they...

Werner’s main points: The “EU Movement” has been created by the US Government and their secret services in order centralise their influence over Europe. Big business, banks, central banks and the IMF want to excercise their power through unelected officials. The free trade area with the EU is beneficial and will surely be maintained, even in the Brexit case. The election outcome is not so clear as it seems to the...

Submitted by Danielle DiMartino Booth via DiMartinoBooth.com, “Kings have long arms, many ears, and many eyes.” So read an English proverb dated back to the year of our Lord 1539. And thus was born an idiom that today translates to the very familiar Long Arm of the Law. It stands to reason that such a warning was born of feudal times when omnipotent and seemingly omnipresent monarchs personified the law, possessed...