Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, publicly-owned banks on both sides of the oceans might wind up getting sued for unfair competition because they have advantages not available to private banks.
This month on the Geneva Business Insider, James and David discuss the results of the Swiss gold referendum, the Netherlands gold repatriation, the empty Ukrainian gold vaults, Russia’s gold buying spree, and the plunging price of oil.
SHOW NOTES:
Swiss Gold Referendum Fails: 78% Vote Against “Protecting The Country’s Wealth”
RT | November 28, 2014 The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany. An unmatched pace of money printing by major central […]
RT | November 27, 2014 Switzerland is under diplomatic pressure from Israel, the US, Canada and Australia, which are trying to prevent an international conference in Geneva from taking place in mid-December on Israel’s occupation of Palestinian territories, Haaretz reports. Delegations from nearly 200 countries are expected to head to Geneva to discuss the situation […]
Dennis Trainer Jr. (of AcronymTV.com) recently appeared on Abby Martin’s “Breaking the Set“.
Mr Trainer spoke about the anniversary of the Occupy Movement and was suggesting the Movement now focus its efforts on the issue of climate change. I think he was mistaken.
RT | August 28, 2014 Switzerland has issued an expanded sanctions list against Russia which includes 5 banks, several companies and 11 Russian citizens. The move comes as the country doesn’t want to be used to bypass European sanctions on Moscow. On Wednesday the Swiss Federal Council decided to widen its policy against Russia and […]
RT | August 4, 2014 For Switzerland to copy and paste EU sanctions against Moscow is unwise, and would jeopardize the country’s role as a mediator, said Swiss Economy Minister Johann Schneider-Ammann. The Swiss government has no plans to follow in the EU’s footsteps and impose sanctions against Russia, Schneider-Ammann said in an interview with […]
Most people know Geneva as the hub of the UN. Slick and cosmopolitan, it is Switzerland’s second most populous city, with a population of 200,000 and a patchwork of nationalities. A massive forty per cent of its inhabitants are foreigners. Understandably, given its central role in international affairs, it is no stranger to the world stage, but on Saturday you’d have been forgiven for overlooking it. Why? Because, like millions, Genevans turned out in their thousands to condemn Israel’s attacks on Gaza and the mainstream media ignored them.
So now we (or at least the 0.03% of us who care to hunt for it) discover that U.S. military spending is not actually being cut at all, but increasing. Also going up: U.S.
It is the great dilemma about democracy. Left in certain hands, it can become a beastly thing. America’s founders, notably James Adams, were suspicious of its vulgar appeal, its tendency to succumb to tyranny. But is that the point of it? Like free will, its existence is bound to put us on the path to doom and depravity at certain points in time. Such independence comes with it the power of self harm.
