why switzerland is going down the toilet

prediction: within five years, switzerland will be in dire straits, and will resemble the japan of today. economic growth will screech to a halt, and may even hit a deflation. within 10 years, switzerland will have a significantly lower standard of living in relation to other countries.

there are several reasons for this:

  • a failure to attract low wage immigrants by closing the borders
  • a failure to provide funding for new companies
  • misguided gov spending that emphasizes obsolete industries (military, agriculture)
  • a reluctance to push painful reform through
  • a belief that “swiss quality” will always reign supreme while failing to innovate
  • failing to train the next generation of an excellent workforce