Category Archive: 3.) Global News on Switzerland Economist
Basic Income Arrives: Finland To Hand Out Guaranteed Income Of €560 To Lucky Citizens
Just over a year ago, we reported that in what was set to be a pilot experiment in "universal basic income", Finland would become the first nation to hand out "helicopter money" in the form of cash directly to a select group of citizens.
Read More »
Read More »
FRIEDMAN: Russia’s Done the US a Favor in Syria
Download the FREE special report “Top 3 Economic Surprises for 2017” from George Friedman: http://bit.ly/2ih5W5n
Read More »
Read More »
Davos Staff May Sleep In Shipping Containers As Billionaires Swarm Resort
With January just around the corner, the world's billionaires, CEOs, politicians and oligarchs prepare to take their private planes to Davos, Switzerland for their annual convocation at the World Economic Forum, where they discuss such diverse topics as global warming due to greenhouse gases (which exempts Gulfstream jets) and the dangers of record wealth inequality (which exempts them), while snacking on $39 hot dogs and $50 Caesar salads.
Read More »
Read More »
FRIEDMAN: Energy Prices Will Hit These Two Nations Hard in 2017
Download the FREE special report “Top 3 Economic Surprises for 2017” from George Friedman: http://bit.ly/2ih5W5n
Read More »
Read More »
FRIEDMAN: Trump’s Biggest Problem Is Not the Democrats
Download the FREE special report “Top 3 Economic Surprises for 2017” from George Friedman here: http://bit.ly/2ih5W5n
Read More »
Read More »
FRIEDMAN: There’s No Such Thing as Europe Anymore
Download the FREE special report “Top 3 Economic Surprises for 2017” from George Friedman: http://bit.ly/2ih5W5n
Read More »
Read More »
WTI Crude tumbles To $49 Handle, Erases OPEC/NOPEC Deal Gains
But, but, but... growth, and inflation, and supply cuts, and growth again... Well that de-escalated quickly... As Libya restarts exports and The Fed sends the dollar soaring so WTI crude prices just broke back to a $49 handle for the first time since Dec 8th.
Read More »
Read More »
Who Has To Work The Longest To Afford An iPhone?
How many hours must you work to buy a new iPhone? It varies dramatically around the world, reflecting disparities in productivity and purchasing power. According to a recent report by UBS that aims to measure well-being by estimating how many minutes workers in various countries must work to afford either an iphone, a Big Mac, a kilo of bread or a kilo of rice, the average worker in Zurich or New York can buy an iPhone 6 in under three working days.
Read More »
Read More »
Which Of These Would You Rather Have In Your Safe?
Let’s say you have two equal size safety deposit boxes. One box you completely fill up with stacks of $100 bills. The other box you fill up with gold. Which of the two is “worth” more? It’s easy to calculate. A stack of 100x $100 bills is 6.14 inches long, 2.61 inches wide, and 0.43 inches tall. That’s a volume of 6.89 cubic inches (112.92 cubic centimeters… and we’ll use the metric system from here on out because it really does make more...
Read More »
Read More »
Adoption Of The Euro Has Been ‘Unequivocally Bad’ For Southern European Economies
Some say that the common currency prevents less productive economies from cheating by weakening their national currencies and forces them to become more efficient and competitive. Industrial production data shows that it is not the case. Italy, France, Greece and Portugal have not only stopped producing more; they are producing now less than in 1990! The decay started immediately after the introduction of the euro in 2002!
Read More »
Read More »
Global Wealth Update: 0.7 percent Of Adults Control $116.6 Trillion In Wealth
Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash of the past few months suggests that the lower 'levels' of the pyramid are...
Read More »
Read More »
Which Government System Is The Best For People’s Wealth?
We have created a map which shows the per-capita GDP based upon the type of government in a country. The larger the country appears on the map, the higher the GDP per capita.
Read More »
Read More »
Former Treasury Secretary Summers Calls For End Of Fed Independence
At an event in Davos, Switzerland earlier today, Former U.S. Treasury Secretary, Larry Summers, argued that Central Bank independence from national governments should be scrapped in favor of a coordinated effort between politicians, central bankers and treasury to engineer inflation. Seems reasonable, right?...what could possibly go wrong?
Read More »
Read More »
Jared Dillian: The Morning After The Election and Market Volatility
Subscribe to Jared Dillian’s free weekly column, The 10th Man, at Mauldin Economics: https://goo.gl/pp2W73
Read More »
Read More »
Niall Ferguson: The US Economy Is Approaching an Inflection Point
Download a FREE transcript of Niall Ferguson’s speech from the Strategic Investment Conference 2016 here: https://goo.gl/eLy5bU
Read More »
Read More »
The US and Russia Are Quietly Cooperating in the Middle East
George Friedman writes the free weekly column “This Week in Geopolitics” for Mauldin Economics. Subscribe here: https://goo.gl/epvxkV Each week, you’ll receive an in-depth view of the forces driving events and investors in the next year, decade, or even a century from now.
Read More »
Read More »
A former Wall Street Trader Explains Why He Is Net Short Now
Subscribe to Jared Dillian’s free weekly column, The 10th Man, at Mauldin Economics: https://goo.gl/R0kUcm
Read More »
Read More »
Daniel Hannan – The Right Approach To Brexit
Daniel Hannan, a British member of the European Parliament (MEP), made an eloquent, impassioned speech this weekend on what should take place in Brexit talks. After listening to Hannan on Brexit, regulation and trade, I am certain he would make a far better US president than anyone in the entire field from 18 months ago.
Read More »
Read More »