Signs Of The Time, Part 105

Lausanne, Switzerland-based IMD World Competitiveness Center, publisher of the World Competitiveness Yearbook, “the leading annual report on the competitiveness of countries,” has just released its 28th edition of the publication. From their website:

The USA toppled as world’s most competitive economy
IMD World Competitiveness rankings released

30 May 2016 – The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center.

The sheer power of the economy of the USA is no longer sufficient to keep it at the top of the prestigious World Competitiveness Ranking, which it has led for the past three years.

The IMD World Competitiveness Center, a research group within IMD business school, has published the ranking each year since 1989 and it is widely regarded as the foremost annual assessment of the competitiveness of countries.

The 2016 edition ranks China Hong Kong first, Switzerland second and the USA third, with Singapore, Sweden, Denmark, Ireland, the Netherlands, Norway and Canada completing the top 10…

“USA third”

Disappointing to hear, but not altogether shocking.

You can read the entire piece on IMD’s website here.

Christopher E. Hill
Survival And Prosperity (


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Wednesday, June 1st, 2016 Asia, Europe, North America, Signs Of The Time No Comments

Peter Schiff Bullish On Foreign Stocks, Gold, And Silver

Euro Pacific Capital CEO/Chief Global Strategist Peter Schiff appeared on the FOX Business show Countdown to the Closing Bell last Wednesday. Host Liz Claman asked Schiff, who correctly-predicted the housing market crash and 2008 economic crisis, about where he was investing these days. He replied:

Well, my strategy has been the same for quite some time because I understand the problems that underlie the U.S. economy, how the Federal Reserve is exacerbating them in the name of trying to solve them, and so I want to invest abroad. We still favor equities, but I look at international equities. I look at value. I look at good dividends. And I want to own companies that are not dependent on the consumer…

A map was subsequently displayed that showed “Peter’s Global Area Picks”- Australia, Chile, China, Denmark, Hong Kong, Mexico, New Zealand, Norway, Peru, Singapore, and Sweden.

Claman also brought up precious metals in the discussion. Particularly, silver. From their exchange:

CLAMAN: Let’s put up the miners, because you feel that the miners now have an opportunity to really rise. Silver below $20 an ounce these days. That seems to me like a good buy because it’s so cheap.
SCHIFF: Well, it did get as high as $50 a couple of years ago. But it started the rally from below $4. So, we’re in a big bull market. We’ve been pausing for the last couple of years. But I think it’s the pause that’s going to refresh. I think what drove the metals market lower in 2013 was the false belief in a U.S. recovery, and the idea the Fed was through with QE, and that we were on the verge of a tightening cycle. None of that is true. We are slipping back into recession. Janet Yellen is going to launch an even bigger round of QE than what Bernanke launched. And this is going to be very bullish for gold and silver. But it’s not going to be bullish for the U.S. economy.

“Safeguarding Your Portfolio By Investing Abroad”
YouTube Video

By Christopher E. Hill
Survival And Prosperity (

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)


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U.S. Falls To 15th In Democracy Rankings

Back when I was toiling away on “The Most Hated Blog On Wall Street” a couple of years ago, I came across something that made me chuckle. I don’t remember the source, but in the wake of all the government bailouts and intervention after the global financial crisis really reared its ugly head in 2008, it was said one of the most popular books in Russia at the time was Adam Smith’s The Wealth of Nations.

While in America, Karl Marx’s Communist Manifesto was a hot item.

I have a feeling this was more commentary than fact, but what reminded me of this was something I stumbled on the other day on the Washington Times website. Jennifer Harper blogged on the Water Cooler on December 17:

A new rating of the most “democratic” nations on the planet places the U.S. in 15th place in a list of 104 countries. Who made the assessment? The Vienna, Austria-based Democracy Ranking annually rates the democracy among world populations based on “quality,” taking into account such factors as political rights, civil liberty, press freedom, corruption, political stability, “gender gap” issues and myriad socioeconomic indicators.

Nordic nations — where governments tend to flirt with socialism — dominate the lead. The top 10 nations on the list are Norway, Sweden, Finland, Switzerland, Denmark, Netherlands, New Zealand, Germany, Ireland and Austria.

Harper noted that the United States dropped from 14th to 15th place in the latest rankings.

Next time some politician or somebody else proclaims we live in a model democracy, a beacon for the world to follow, I’ll have to remember these rankings.

In the meantime, it’s business as usual here in Amerika.

“Glenn Beck presents the Obama National Anthem”
YouTube Video

Just kidding. I’ll keep toiling on in the plutocracy.

You can find out more about the Democracy Ranking’s findings on their website here.


Harper, Jennifer. “’Most democratic’: U.S. is 15th on the list.” Water Cooler. 17 Dec. 2012. ( 20 Dec. 2012.


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Thursday, December 20th, 2012 Corruption, Europe, Freedom, Government, Socialism No Comments

New Calls To Regulate Fertilizer, Ban Guns After Norway Violence

My prayers go out to all those affected by those atrocious acts committed in Norway last Friday.

In the aftermath of the shootings/bombing, new calls are emerging for increased regulation of fertilizer and firearms around the world. From Australia’s Yass Tribune this morning:

Breivik allegedly made his bombs from the tonnes of readily available fertilizer and had easy access to the guns that he used in his killing spree. This begs the question of gun ownership and it is disturbing to hear that the Shooters and Fishers Party has already begun to influence our newly elected state government with the opening up of our state forests for the purpose of hunting and shooting. The party has also tried, so far unsuccessfully, to have shooting introduced into the state schools. Perhaps the sale of fertilizer, if it is not already regulated, should also be subject to closer scrutiny.

(Editor’s note: Italics added for emphasis)

Also from the “land down under” today comes this from the Herald Sun:

THE shooting spree in Norway should force Australia to ban semi-automatic handguns, Greens leader Bob Brown says…

Senator Brown said reports the killer had used a semi-automatic handgun should force a re-think of Australia’s laws.

“These would not necessarily be prohibited in Australia,” he told reporters in Hobart.

“We Greens have repeatedly called for these to be made illegal. There are limited potential uses of them, but very, very few beyond that of the police forces.

“There is no good reason for semi-automatic pistols to be in circulation in Australia and it’s one of those things that we mustn’t wait for the worst to happen before we act.”

(Editor’s note: Italics added for emphasis)

Getting back to chemical fertilizer, Aled-Dilwyn Fisher wrote the following this morning on the “Views and News from Norway” website:

Calls for stronger regulation of the sale of ammonium nitrate fertilizers have been made following the suspected use of the materials in the bombing of Oslo on Friday July 22 – with experts suggesting that new EU regulations set to be introduced in Norway are not enough…

Meanwhile, the Danish government has already announced its intention to better regulate the distribution of fertilizer. Lars Barfoed, the Danish minister of justice, was reported by news agency NTB to have said that his government “will learn from this event, and for that reason we will obviously go through the rules in order to see if there is a need to tighten up.”

(Editor’s note: Italics added for emphasis)

History reminds us that violence of the magnitude that took place in Norway is nothing new, and bad people will keep using any means at their disposal to carry out such carnage, whether the tools be military-grade or off-the-shelf. All the guns and ammonium nitrate fertilizer in the world could disappear this very instant- and it would still be only a matter of time before the next mass casualty terror attack takes place.


Millett, Brian. “How safe are we from shooting and bombing?” Millett’s Musings. 25 July 2011. ( 25 July 2011.

“Norway shooting should force gun law change, says Greens leader Bob Brown.” Herald Sun. 25 July 2011. ( 25 July 2011.

Fisher, Aled-Dilwyn. “Calls to regulate fertilizer after bomb.” Views and News from Norway. 25 July 2011. ( 25 July 2011.


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