Swiss News Latest: Something of Actual Significance Happens!

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2 Comments

Filed under Business, Economics, Finance, Political Science, Politics

2 responses to “Swiss News Latest: Something of Actual Significance Happens!

  1. Well Iceland can’t do all the running in bringing the world of finance to heel. Empires disintegrated when their real power became virtual power, but they did not notice. The 1% believe that their spin will keep them in control for ever, on the basis it has done so far. That means they push the boundaries further and further as inequality grows, entire countries (e.g. Greece in particular) are allowed to go to ruin and scandal after scandal is allowed to happen. This farce must fall apart at some point.

    • Interestingly, the EU has already passed a law limiting the bonuses of financial industry operatives, so there is some limited response to public feeling. Ultimately the weakness of the 1% is numeric – it would seem to be a matter of time before the squished majority start to consider their position, and find it wanting.

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