Friday, May 27, 2016

Switzerland just weeks away from a vote to bring about the ultimate in state welfare

Democratic candidate Bernie Sanders loves to push nations like Sweden and Denmark as being the ideal models of socialist economies.  Of course, he refuses to acknowledge places like Venezuela, which are now in the final bloody days of their own Socialist experiment.
And while a modicum of safety net benefits are necessary for any society to protect those who either cannot work, or are in transition between jobs and other hardships, the question has always been how much a government can spend on such programs before they affect both economic growth, and fiscal policies.
The nation of Switzerland however, could potentially become the ultimate pendulum swing as they are now just a few weeks away from a referendum which would create a system that would provide every man, woman, and child free money, whether they are employed or not, or whether they actually need it or not.
Helicopter-Draghi