The Most Subsidized Farmers in the World

08.09.2017 • Switzerland

Henry Bonner – Strategy and Council Letter (Switzerland) –

Here in Lausanne, the school starts … schoolchildren go back to school … and high school students smoke in front of the MacDos …

In a variety of ways, the city takes a little life and movement …

Away from the tumult of Paris or London, and outside the field of media attention, Lausanne attracts financiers and industrialists from the world … setting foot in Europe for operations, or to benefit from tax advantages.

Alicher Ousmanov, for example, “oligarch and multimilliardaire” according to the media, left Russia to settle in Lausanne in October 2016 … allowing to avoid many taxes in his country … and perhaps to secure his money against a spoliation.

The emir of Qatar has also bought a hotel near the bank and renovated it to 90 million euros over 5 years.

The 5 “Palaces” of Lausanne, hotels of ultra-luxury, attract a clientele of emirs and princes of the Middle East, with their trails of women, children, and helpers.

In addition to its attractiveness as a safe place for money, Switzerland offers its customers – from the Middle East or Asia – a sense of “old” and prestigious … an alternative to the modern, glass skyscrapers of Shanghai or Abu Dhabi.

Lausanne from the Place de la Cathédrale

Refugees behind the Alps, protecting them against the invasions of France or Germany, and remaining outside the EU and NATO, Switzerland follows its course separately …

Its division into Counties prevents the concentration of power … and allows the localities to decide in terms of immigration, taxation, and regulations …

The Swiss are more or less able to keep the invasions – armies, ideologies, and intrusions into the economy – at a distance …

Like everywhere, the Swiss also have ideas of “progress” at the expense of the individual and the taxpayer … For example, Switzerland would have spent nearly 3 billion euros in four years to support farmers … ” part of the world’s most subsidized farmers, “according to the SwissVeg website.

As in France, the authorities spend subsidies to encourage farmers to continue activities that are of no interest to the economy … Wheat or oats do not “prefer” the land of Switzerland to the Volga countryside in Russia …. And the cows produce as much milk in the hands of a Polish as a Swiss …

In addition, Lausanne, Geneva and others have major programs to welcome asylum seekers, to house them, to guide them, to find work or allowances for them, and try to make them members of the society … In total, the Confederation would spend about 2 billion euros in 2018 for its programs … Each dependent would cost them nearly 20,000 euros per year … not to mention the construction projects in the cities of Lausanne or Geneva for create housing for migrants … or the cost to the economy to redirect valuable real estate for the use of asylum seekers … in addition to replacing tenants by migrants in the care of the State in order to “to integrate.”

Nevertheless, Switzerland seems to limit the scope of projects … and continues to attract billions of billionaire accounts, and corporate headquarters such as Glencore, Novartis, Roche, and Nestlé (20 minutes away from the heart of Lausanne).

Growth “to All Prices”

No “stimulus program …” No “stimulus …” No extensive state program to encourage start-ups, IT, or financial …

The leaders simply apply the laws … and collect taxes and respect the rules …

Conversely, leaders in France rush from one project to another, supporting the fancy of being able to “make” a growth with pen and money …

The priests – from Macron to Hidalgo – take an oath before the crowd … and promise to lead their flock to the land of plenitude and prosperity “for all …”

When the results disappoint, or the situation turns into disaster, the leaders point to a culprit … and ensure to be able to correct the situation … by force if necessary.

In Venezuela, the rate of murder has exploded … the drugs are lacking … the shops empty … but the leaders continue to accuse “capitalism,” and not continuous interventions over the years, to explain the situation … while tightening the screws to prevent the situation from repairing itself …

A Gem in the Wind …

As a rocket launch, the progress in the world comes in leaps and bounds … An idea, or a creation, or a transaction, is made at once …

… but, these transactions or events happen through conditions … thanks to a series of events before …

… of the physicist who calculated a trajectory … to the mathematician who made the calculations … to the technicians who developed the rockets … to the families, friends, teachers, and parents who cultivated and developed the curiosity of their children … while feeding their hunger and putting them to bed at night … leading to the existence of people to imagine a journey into space, and innovation capabilities to get there.

Looking at the result sometimes hides the important … by putting the lights on a “genius” or an innovation … ignoring the tree – parents, the stability of the environment, safety in the face of dangers – having borne fruit …

What to do…?

Similarly, fortunes increase and are preserved sometimes through decisions that prove to be important …

These decisions arise from a “background,” your attitude and your philosophy for investment …

For example, your decision to have gold should not depend on the price of gold today or tomorrow … nor analysts predictions about the potential of metal at 6 months or 1 year …

Having gold is a way of protecting oneself if analysts are wrong … and if the “stability” of today in the marketplace leaves the camp.

Truly,

Henri Bonner

-Read more at www.lettre-strategie-conseil.com (French)-

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