Signs of a potential turning point are emerging in the West, as leaders like Elon Musk and Vivek Ramaswamy propose significant government spending cuts, and Argentina's Javier Milei implements a successful deregulation agenda. The collapse of Germany's eco-socialist government and Liechtenstein's media reforms suggest a shift away from overregulation and state intervention. Increasingly, people are recognizing the need to abandon the failed policies of the past in favor of individual freedom and economic prosperity.
Olivier Kessler argues that the West may be experiencing a turning point, as increasing discontent with state overreach and interventionism emerges. He highlights Argentina's recent shift under Javier Milei, who advocates for deregulation and reduced government, as a potential model for Western nations seeking to reclaim individual freedoms and economic prosperity.
Argentina's President Javier Milei is set to visit Switzerland on January 24, 2025, for an event at the Liberal Institute in Zurich. He is also expected to attend the World Economic Forum in Davos from January 20-24, although this has not been officially confirmed. Milei, who took office amid a severe economic crisis, is known for his radical austerity measures and commitment to liberal reforms.
A potential clash between JD Vance and Elon Musk is anticipated, with significant implications for the stock market and the future of American technology. Vance opposes big tech and advocates for decentralization, while Musk supports a technopolitical merger with government, reflecting a broader ideological battle in the post-Trump era. The outcome could reshape the dominance of tech giants and influence equity markets, particularly the Nasdaq.
Swiss banks are gearing up for the implementation of "Basel III Final" by January 1, 2025, which will significantly alter credit pricing and capital requirements. The output floor will increase capital needs for top-rated residential mortgages, potentially raising costs by 20 basis points for prime loans. This regulatory shift necessitates strategic adjustments in pricing and risk management for banks to remain competitive in the evolving credit market.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
