Sweden

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 (www.survivalandprosperity.com)

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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 (www.survivalandprosperity.com)

(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.

Source:

Harper, Jennifer. “’Most democratic’: U.S. is 15th on the list.” Water Cooler. 17 Dec. 2012. (http://www.washingtontimes.com/blog/watercooler/2012/dec/17/most-democratic-us-15th-list/). 20 Dec. 2012.

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

Explosives Found At Swedish Nuclear Power Plant

At first I thought the following from the land of ABBA may be an attempted act of nuclear terrorism, but upon reading further, I’m not so sure. Still, the event should probably serve as a wake-up call for the Department of Homeland Security and other agencies tasked with protecting our energy infrastructure. From the Associated Press this morning:

Security was ramped up at Sweden’s three nuclear power plants Thursday after explosives were found on a truck at the southwestern Ringhals atomic power station. Police said they were investigating possible sabotage.

Bomb sniffer dogs detected the explosives during a routine check Wednesday afternoon by security staff while the truck was in the power plant’s industrial area near its high security enclosure. Police declined to describe the amount or type of explosive material found.

Bomb technicians said the material lacked a detonating device, meaning there was no danger of an imminent explosion.

Four nuclear reactors are at Ringhals, 70 kilometers (45 miles) south of Sweden’s second-largest city, Goteborg.

According to MSNBC.com, Ringhals’ four reactors produce nearly 20 percent of the Scandinavian country’s electricity.

Sources:

“Sweden on alert, explosives found near nuke plant.” Associated Press. 21 June 2012. (http://www.foxnews.com/world/2012/06/21/explosives-found-near-swedish-nuclear-plant/). 21 June 2012.

“Suspected explosives seized at nuclear plant in Sweden.” MSNBC. 21 June 2012. (http://worldnews.msnbc.msn.com/_news/2012/06/21/12330952-suspected-explosives-seized-at-nuclear-plant-in-sweden?lite). 21 June 2012.

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Thursday, June 21st, 2012 Energy, Europe, Government, Terrorism No Comments

Swedish Man Goes 2 Months Without Food, Survival Expert Weighs In

A number of Survival And Prosperity readers are already probably familiar with the survival “Rule of Three.” For those who aren’t, the Rule of 3 is pretty simple to understand. Generally, a person can survive:

• 3 minutes without oxygen
• 3 hours without shelter
• 3 days without water
• 3 weeks without food

These “rules” are really just generalizations. And occasionally, someone comes along and challenges them, whether intentionally or not. From the BBC News website this weekend:

A Swedish man has survived being trapped in his snow-covered car for two months without food, police say.

The car was found on Friday at the end of a forest track more than 1 km (0.6 miles) from a main road in northern Sweden.

Police say the temperature in the area had recently dropped to -30C (-22F).

The man, who was too weak to utter more than a few words, said he had been inside since 19 December. He may have survived by drinking melted snow.

Police say they have no reason to doubt his story.

According to the BBC News piece, doctors at Umea University Hospital, where the 45-year-old is recovering, said they normally expect a person to survive without food for around four weeks. One physician speculated that the man might have survived by going into some sort of hibernation.

BBC News staff did consult with ex-police officer and bushcraft expert Dale Collett about how, in theory, a person could last two months in a similar situation. You can listen to what Collett had to say on the BBC News website here (video player under headline).

Source:

“Sweden snow: Man ‘survives two months trapped in car.’” BBC News. 18 Feb. 2012. (Sweden snow: Man ‘survives two months trapped in car’). 20 Feb. 2012.

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Monday, February 20th, 2012 Emergencies, Europe, Food, Health, Preparedness, Water, Weather No Comments
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