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Swiss Proposal to Take All Credit Away From Banks and hand it to Government

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SwissNationalBank

There is also a referendum that will come up with the same stupid idea that all credit decisions should be handed to the central bank now in Switzerland. If these people could not manage a peg, can you imagine what will happen to the entire credit markets? This is just entirely brain-dead.

These people FAIL to comprehend even what is the problem. Instead, they want to go off and claim that the entire credit system is at fault and end capitalism in its entirety. We are becoming simply like cattle to be herded and used for the sole generation of work to support those in power. Just astonishing. It is becoming clearer to see how the West is committing suicide and Asia rises to the new Financial Capital of the world.