While subtle, the general public loss of faith in central banking has been obvious to anyone who has simply kept their eyes open: it started in Japan where in February hardware stores were reported that consumers were hoarding cash, as confirmed by the spike in demand for safes, “a place where the interest rate on cash is always zero, no matter what the central bank does.” Then, as we reported just over a week ago, Burg-Waechter KG, Germany’s biggest safe manufacturer, posted a 25% jump in sales of home safes as a result of “significantly higher demand for safes by private individuals, mainly in Germany.”
Rivals Format Tresorbau GmbH and Hartmann Tresore AG also reported double-digit-percentage German sales increases. “Safe manufacturers are operating near their limits,” said Thies Hartmann, managing director of Hamburger Stahltresor GmbH, a family-owned safe retailer in Hamburg, which he says has grown 25% since 2014. He said deliveries take longer from safe makers, some of which are running three production shifts. Continue reading »
The whereabouts of around 40 per cent of all the migrants telling Swiss authorities they intended to claim asylum in the country are completely unknown, authorities have confirmed.
In some centres, up to 90 per cent of the new arrivals lied, absconded or ran away – internal document from the Federal Migration Office, uncovered by Sonntags Zeitung, revealed over the weekend.
In the northeast canton – or administrative division – of Thurgau, the papers suggested that between 80 and 90 per cent of the migrants were disappearing. In Altstätten in the Rhine Valley, it was around 50 per cent. Continue reading »
A left-wing Swiss politician has been arrested after attempting to smuggle four African migrants from Italy into Switzerland.
Lisa Bosia Mirra is the founder of a refugee aid organisation and a councillor for the Social Democratic Party of Switzerland – the second largest party in the Swiss parliament and the only left-wing party with representatives in the Swiss Federal Council. Continue reading »
Source: (H/t reader kevin a.)
The Muslim group behind this idiotic demand known as the “Secondos,” began a nationwide campaign in October to urge Swiss citizens to change the flag to something that is “less offensive” to Muslims.
How about this?
An immigrant group based in Bern has called for the emblematic white cross to be removed from the Swiss national flag because as a Christian symbol it “no longer corresponds to today’s multicultural Switzerland.”
Ivica Petrusic, the vice president of Second@s Plus, a lobbying group that represents mostly Muslim second-generation foreigners in Switzerland (who colloquially are known as secondos) says the group will launch a nationwide campaign in October to ask Swiss citizens to consider adopting a flag that is less offensive to Muslim immigrants. Continue reading »
Zurich city council said yesterday that a poster showing missile-like minarets on a Swiss flag can be displayed ahead of a national referendum on whether to ban the building of minarets at mosques in Switzerland.
Zurich followed Lucerne and Geneva in arguing that the posters, which also feature a veiled woman with ‘menacing eyes’, were protected by free speech.
Basel and Lausanne have banned them saying they paint a ‘racist, disrespectful and dangerous image’ of Islam.
The posters, which urge a ban on the building of minarets, are part of a campaign by the nationalist Swiss People’s Party.
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I’ve noticed that 21,6% of my readers (according to Alexa.com) are coming from Switzerland right now.
This is mainly due to the migrant crisis, which probably has many Swiss citizens very concerned (and rightfully so), but also due to the financial crisis heating up again.
If you, and all my other readers from all over the world, like my work and would like to support it, you can do so via PayPal.
Your support would be much appreciated (and of course your personal data will be kept anonymous).
The financial situation of the website right now is that some readers are generously donating every month and some are donating (larger sums) occasionally.
I still hope to find more supporters for the website, so that the support is more evenly distributed among readers and that the support is hopefully picking up somehow.
You can view all the support that the website has received in the past here: Announcements
Earning less than $5 or €5 per day is not really a desirable and sustainable amount of income for my work.
So wherever you may come from, please consider to support my work.
PS to my readers from Switzerland:
NEVER allow anybody to take away your guns!!!
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Six passengers were injured when a 27-year old Swiss man poured out flammable liquid inside a train in the Swiss canton of St. Gallen and set it alight, local police say. The alleged perpetrator was also armed with a knife.
— Roeland Roovers (@r0eland) August 13, 2016
“According to current information a 27-year-old Swiss man poured out a flammable liquid. He was also armed with at least one knife. The liquid caught fire,” St. Gallen cantonal police said in a statement. Continue reading »
African invaders flooding across the Mediterranean Sea have laid siege to the borders of France and Switzerland in their attempts to break into welfare-rich northwestern Europe.
Significant bottlenecks have formed on the French-Italian border, and Swiss authorities report that they are “overwhelmed” at the extent of the nonwhite invasion.
The most recent flare-up on the Italian-French border at the town of Ventimiglia saw several hundred African invaders physically storm the border, and then run into the sea and onto the beaches in their attempts to cross into France.
Italian Interior Minister Angelino Alfano announced that Ventimiglia had become “Europe’s new immigration emergency” and that they were trying to prevent it becoming another Calais “Jungle.” Continue reading »
Didn’t someone say all snow would be melted of the peak of the Alps by now?
7 Aug 2016 – The two climbers who called from a cell phone requesting a helicopter rescue have been found buried under a snowdrift on the 4,478-meter mountain after a massive storm trapped them on a perilous, narrow snowfield in the dead of night.
When the helicopter was finally able to land at the location, its hovering rotors exposed a backpack poking through the snow.
“We dug there and found them lying one on top of the other, probably trying to stay warm,” said Rescue Marshall Massimiliano Giovannini. “Sadly they were not well enough equipped for the winter conditions.”
Both had crampons, but neither man had winter gear and they were wearing only light pants and windbreakers.
Snow continues to fall across Europe in July 2016. A total of 10 days of snow in this extremely rare round of bizarre snowy weather during the European summer. Strawberry crops lost in Switzerland due to cold and rain. India suffers extreme drought effecting tomato crops country wide along with the dairy industry.
JULY Snow in Five European Countries
More than a foot (30 cm) of snow in the passes.
A total of 10 days of snow in this extremely rare round of bizarre snowy weather during the European summer.
Even the locals are saying how strange and unusual this is.
Strawberry crops lost in Switzerland due to cold and rain
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- Italy’s celebrity hideaway Lake Como now home to hundreds of migrants
- Happened after border crossing into Switzerland closed by Swiss officials
- Lake Como has long served as a tranquil paradise for the rich and famous
- But the town’s railway station has been transformed into a makeshift camp
Italy’s celebrity hideaway Lake Como has become home to hundreds of migrants after the nearby crossing into Switzerland was blocked by Swiss officials. Continue reading »
H/t reader U.B.
April 2016: Roger Köppel spricht Klartext was viele nicht hören wollen!
Verfassungsbruch! Das Parlament beschliesst mit 122 gegen 64 Stimmen die Ausdehnung der Personenfreizügigkeit auf Kroatien trotz neuem Verfassungsartikel Art. 121 a (Steuerung der Zuwanderung), der ausdrücklich festhält: «Es dürfen keine völkerrechtlichen Verträge abgeschlossen werden, die gegen diesen Artikel verstossen.»
Sehen und hören Sie sich an, was sich Justizministerin Sommaruga (SP) und wenig später die SP-Fraktion “nicht anhören wollten”.
► Sie verliessen den Saal, als Nationalrat Roger Köppel zur Erweiterung der Personenfreizügigkeit auf Kroatien sprach ◄
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H/t reader U.B.
Ein Schweizer Parlamentarier spricht Klartext: das momentane Geldsystem, ist ein grosses Betrugssystem! Bitte ansehen und teilen!!!
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Time to check and improve your SHFT plan and continue to prepare for the coming collapse.
— Holger Zschaepitz (@Schuldensuehner) July 2, 2016
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The decision to serve only pork-free lunches in several schools in Basel Canton, Switzerland, has been blasted by the country’s conservatives, who accuse local authorities of giving in to religious minorities.
Four schools in the Binningen district of Basel Canton won’t have pork on their menu in the next academic year, the local council ruled last week.
But the decision was strongly condemned by the conservative Swiss People’s Party (SVP), which argued that pork sausages were an integral part of Switzerland’s cuisine and culture.
“We are outraged. When we first heard [about it] we thought we weren’t reading it right,” Susanna Keller, Swiss People’s Party representative, is cited by Basellandschaftliche Zeitung paper. Continue reading »
– Migrant rape fears spread across Europe: Women told not to go out at night alone after assaults carried out in Sweden, Finland, Germany, Austria and Switzerland amid warnings gangs are co-ordinating attacks
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Resentment toward the EU hit a new high yesterday when the upper house of the Swiss parliament on Wednesday followed in the footsteps of Iceland, and voted to invalidate its 1992 application to join the European Union, backing an earlier decision by the lower house. The vote comes just a week before Britain decides whether to leave the EU in a referendum. Twenty-seven members of the upper house, the Council of States, voted to cancel Switzerland’s longstanding EU application, versus just 13 senators against. Two abstained the Neue Zürcher Zeitung reported.
Thomas Minder, counsellor for the state of Schaffhausen and an active promoter of the concept of “Swissness,” said he was eager to “close the topic fast and painlessly” as only “a few lunatics” may want to join the EU now, he told the newspaper. Continue reading »
Yesterday, DB’s credit strategist Jim Reid (whose bank just hit a new record low stock price earlier this morning), said that “If One Wanted A Simple Indicator Of A Broken Financial System, Then This Is It”, and proceeded to show the chart of the 10 Year Bund yield, which is now well in the negative territory. Today Reid, in his quest to show how broken the global “market” has become as a result of relentless central bank tinkering, and has come up with what he believes is an even better example.
This is what he said: Continue reading »
Attended by Europe’s most powerful people, the opening ceremony of the Gotthard Base Tunnel in Switzerland was a dark, disturbing, weirdly satanic ritual. Here’s a look at another celebration of the occult elite.
Measuring over 57 km and costing over 11 billion Euros, the Gotthard Base Tunnel is world’s longest and most expensive tunneling project in History. Going through the Swiss Alps, the tunnel took 17 years to complete and is said to be a symbol of European unification in a context of rising nationalism and closing borders.
To celebrate the inauguration of this tunnel, an elaborate ceremony was presented in front of European dignitaries such as Chancellor Angela Merkel of Germany, President Francois Hollande of France and Italian Prime Minister Matteo Renzi. While most would expect an up-beat, celebratory ceremony, guests were rather treated to a disturbing show orchestrated by German director Volker Hesse, where a man dressed as a goat presided a strange ritual. Continue reading »
This weekend the Swiss population was called upon to make a historic decision, when Switzerland became the first country worldwide to put the idea of free money for everyone, technically known as Unconditional Basic Income (of CHF2,500 per month for every adult man and woman, and CHF625 for every child, for doing absolutely nothing) to a vote.
As reported previously, the outcome of this referendum would set a strong precedent and establish a landmark in the evolution of the debate of handing out free money in a centrally-planned world. And as predicted, based on early vote projections it has been a landslide decision against the “free lunch.”
Will the Swiss Guarantee CHF 75,000 for Every Family?
In early June the Swiss will be called upon to make a historic decision. Switzerland is the first country worldwide to put the idea of an Unconditional Basic Income (of $2,500 per month for every man, woman, and child for doing absolutely nothing) to a vote and the outcome of this referendum will set a strong precedent and establish a landmark in the evolution of this debate.
The Swiss public will have to approve or reject a change in the constitution that would allow for the introduction of an Unconditional Basic Income (UBI), or a preset, monthly minimum income to be paid out by the government to every adult and child in the country if their income falls below a specific threshold. Even though details of this proposal have been few and far between, the most commonly cited amount of this guaranteed income would be 2,500 Swiss Francs for adults and 625 francs for children. The architects of the proposal stress that this government-guaranteed payment, unlike the current benefit programs, will be entirely “no questions asked”, i.e., it will not be means-tested and will apply to every person legally living in Switzerland.
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As Icahn was selling, or just before as we don’t know precisely when Icahn, who has since indicated he has turned massively bearish on the overall market, one entity was buying every AAPL share it could find. In fact, according to its latest 13F, everyone’s favorite central bank that openly admits it is also a wholesale buyer of stocks (with a portfolio of some $100 billion), the Swiss National Bank reveals that in Q1 it bought another 4.1 million in AAPL shares, bringing its total to a record 14.5 milion shares.
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Switzerland’s intelligence service has been keeping an eye on the social media activity of around 400 people potentially linked to jihadists who could pose a threat to national security, Swiss authorities reported on Monday.
Although Switzerland is less likely to be targeted by Islamic State (IS, formerly ISIS/ISIL) or other militant groups since it is not engaged in any military operations against them, its government still stepped up security measures to counter possible attacks, especially in the wake of deadly terror acts carried out in neighboring France and Belgium, the Swiss Federal Intelligence Service (NDB) annual report said. Continue reading »