Posts Tagged ‘France’

  • You Might Be Paying for the State to Fail

    12.09.2017 • SwitzerlandComments Off on You Might Be Paying for the State to Fail

    Progress is usually made by trial and error... but sometimes these trials can last generations. The key is to recognize failure quickly, and try something different. The French government is starting and subsidizing failing trials that could last multiple

  • Valérian (French for “Failure”)

    06.09.2017 • SwitzerlandComments Off on Valérian (French for “Failure”)

    In an attempt to compete with Hollywood, France poured €170 million into the film. Unfortunately, the bold experiment has became an expensive monument to naiveté...

  • The Congolese Crisis Coming to Your Doorstep

    01.09.2017 • FranceComments Off on The Congolese Crisis Coming to Your Doorstep

    My son, who works in Congo, called. "Hopeless", he said. Bank runs. Frozen accounts. Bankruptcy. Confiscation. Nationalization. Maybe even civil war. This is what happens societies are built on fake growth without real wealth creation.

  • The Exodus from Britain that Never Happened

    29.08.2017 • SwitzerlandComments Off on The Exodus from Britain that Never Happened

    In 2015, 300,000 wealthy French citizens lived in London, allowing them to significantly reduce their tax liability. After Brexit, many people expected them to return... but after a year, very few have. Why?

  • Gambling for Dummies

    28.08.2017 • United StatesComments Off on Gambling for Dummies

    You can put a bullet in the pistol, spin the chamber, and have only a 1 in 6 chance of blowing your brains out. But though the odds are in your favor, the potential consequences make it a bad bet.Bill’s workshop at his home in the French countrysideThe

  • Stop and Thank God for the Tourists

    22.08.2017 • SwitzerlandComments Off on Stop and Thank God for the Tourists

    A tourist does not demonstrate or scream, doesn't complain to get subsidies or allowances ... doesn't block highways, and does not stop trains and airports. On the other hand, the tourist spends his money - of his own free will - on hotels, tours,

  • What Happens When a God Dies?

    14.08.2017 • United StatesComments Off on What Happens When a God Dies?

    Cryptos may become the coin of the realm. We may one day worship them as we revere the dollar today. Or maybe not...

  • How the Deep State Steals Your Tax Dollars in Just Four Steps

    02.08.2017 • SwitzerlandComments Off on How the Deep State Steals Your Tax Dollars in Just Four Steps

    France is a prime example of what results from a government-run economy or industry: a lack of responsibility, reliability, and progress.

  • JPMorgan Chase CEO: “It’s Almost an Embarrassment Being an American”

    17.07.2017 • United StatesComments Off on JPMorgan Chase CEO: “It’s Almost an Embarrassment Being an American”

    There are about 200 million working-age Americans, and half of them do not have real jobs. Of those that do work, we estimate that about 25 million would not work if the feds didn't exist. That leaves 75 million workers to support a nation of 330 million. See

  • Macron and the Deep State: The World’s Least Surprising Power Couple

    13.07.2017 • United StatesComments Off on Macron and the Deep State: The World’s Least Surprising Power Couple

    The French President, an elite academic graduate and a finance minister under the previous president, is hardly the outsider that he claims to be...and not the man that will dethrone the French Deep State.

  • The Trump Train Is Stopping in France on Friday

    10.07.2017 • SwitzerlandComments Off on The Trump Train Is Stopping in France on Friday

    We are just a few days away from Bastille Day, and Macron is expecting a certain President of the United States as a guest. Trump's presence is the first of its kind in 30 years...but why?

  • Macron Just Picked up a $10 Billion Tab

    30.06.2017 • FranceComments Off on Macron Just Picked up a $10 Billion Tab

    French officials have declared that the Minister of Finance's 2017 budget is "insincere". Maybe the Minister, like Greece, has been asking Goldman Sachs for accounting advice...

  • Real Estate in Paris Just Jumped 33% – Beware!

    27.06.2017 • SwitzerlandComments Off on Real Estate in Paris Just Jumped 33% – Beware!

    Today in France you can get a loan to buy a home with a rate of 1% or less, causing real estate sales, and prices, to reach record levels of growth...

  • The Welfare State is Killing French Wealth

    21.06.2017 • FranceComments Off on The Welfare State is Killing French Wealth

    The meaning of the word "GDP" in a country like France, where the State controls more than 56% of the economy, is not the same as in countries with larger private sectors. Does this explain why France creates many jobs...but so little wealth?

  • Why This Drop Could Continue (And An Asset To Protect Yourself)

    18.05.2017 • United StatesComments Off on Why This Drop Could Continue (And An Asset To Protect Yourself)

    Even the election of Macron and the publication of positive results by many companies had not been enough to push the markets up up. We thought the bull market might have lost its breath. Turns out, the latest news from Washington finally decided to drop.

  • The Myth of French Politics.

    10.05.2017 • FranceComments Off on The Myth of French Politics.

    By Henry Bonner – The Strategy and Council Letter (France) – We had almost forgotten that an election was happening yesterday … an oversight that caused us a little pride … On the other hand, the election of Macron had an almost

  • France in Reverse: Why the Swiss Are So Rich

    10.05.2017 • FranceComments Off on France in Reverse: Why the Swiss Are So Rich

    By Olivier Perrin – The Little Economist (France) – Dear reader, Do not laugh at the title of this letter and read it to the end, it is serious . It begins rather far from our preoccupation, in a small country, rich and mountainous. It is well

  • From the French Golden Age to Today: What Changed?

    09.05.2017 • United StatesComments Off on From the French Golden Age to Today: What Changed?

    We have gradually left behind the idea of allowing the economy to develop, quietly, at its own speed. We decided, on the contrary, that we should control this economy. The result: we're lagging behind neighboring countries.

  • French Election Masks German Crisis

    05.05.2017 • GermanyComments Off on French Election Masks German Crisis

    The recession in Germany is about to begin. It will lead to the collapse of several investment banks and numerous private equity firms, and equity markets will fall worldwide. A total of 2.5 to 3 BILLION Euros are at stake. That is about 75% of all German

  • Don’t Be Fooled – The Establishment Will Win in France

    24.04.2017 • United StatesComments Off on Don’t Be Fooled – The Establishment Will Win in France

    Desperate for change, French voters rejected the mainstream parties yesterday, choosing instead two “outsiders” – anti-EU and anti-immigration Marine Le Pen… and 39-year-old former investment banker Emmanuel Macron. Here's why the French may not get

  • How You Can Get Rich Like a Swiss Banker

    21.04.2017 • SwitzerlandComments Off on How You Can Get Rich Like a Swiss Banker

    The Swiss have figured something out. It's not exports or even the number of jobs that matters - it's how hard you work and how little is taxed. If France could adjust the levers to match Switzerland's, you could see the employment crisis disappear overnight.

  • Can the Future of France be Salvaged?

    20.04.2017 • FranceComments Off on Can the Future of France be Salvaged?

    The French are helplessly watching as their employment rate, real income, and wealth-per-capita drop further and further. What do the presidential candidates suggest? Throw more money at it!

  • Every Brain for Itself

    20.04.2017 • United KingdomComments Off on Every Brain for Itself

    If you want to be told what to think, then may I suggest a subscription to the Financial Times. Then you’ll know all the correct opinions and views to express in public. You’ll be popular and comfortable, and quite often, wrong. But at least you won’t

  • French Media: What They Didn’t Tell You Last Night

    21.03.2017 • The EconomyComments Off on French Media: What They Didn’t Tell You Last Night

    Seven Nobel Prize-winning economists came out against the Euro, which will bring more taxes, less buying power, and is far too week to support another crisis. There is no growth in Europe; the rates of growth proposed by the candidates are neither possible,