The Swiss Federal Constitution[12] declares the cantons to be sovereign to the extent that their sovereignty is not limited by federal law.[13]

Areas specifically reserved to the Confederation are the armed forces, currency, the postal service, telecommunications, immigration into and emigration from the country, granting asylum, conducting foreign relations with sovereign states, civil and criminal law, weights and measures, and customs duties.

Each canton has its own constitution, legislature, executive, police and courts.[13] Similar to the Confederation, a directorial system of government is followed by the cantons.

Switzerland is a rare example of a country with instruments of direct democracy (at the levels of the municipalities, cantons, and federal state). Citizens have more power than in a representative democracy. ... A double majority requires approval by a majority of individuals voting, and also by a majority of cantons.

theropod_V_2.0 wrote:

Hermit wrote:

OlivierK wrote:While I said that the corporate sector in a mixed economy drives wealth creation, I didn't say that the role of capitalism was limited to that role alone. As a corollary of not saying that, I certainly can not be said to have insisted on that.

While I said that regulation to price in externalities is a government responsibility, I didn't say that that's their only role, nor that regulation is their only role. As a corollary of not saying that, I certainly can not be said to have insisted on that.

Right. I unreservedly acknowledge that you never insisted on limiting the function of capitalism to being a wealth creator and government to regulator. I was wrong. My assertion that you did is a misrepresentation of your position, and I withdraw it. Apologies.

Well done sir! I admire a full retraction as much, if not more, than a well presented truth. It sure displays a character not concerned with preservation of ego, or status, and should be seen as an admirable trait in all of us. Again, well done.

gobshite wrote:Wasn't someone talking about 1000's of percent inflation? Who was that...? Well oil just went negative cost. That's massively deflationary. It's going to take a little more work to get those thousands of percent inflation...

theropod_V_2.0 wrote:We know. You keep repeating the same thing over and over. It’s as if you seem to want this outcome, if for no other reason so that you can crow about what a wonderful prophet you are. Still you never consider/admit that a lump of gold, platinum or U238 won’t buy a loaf of stale bread if things turn out like you predict.

RS

jamest wrote:n two years time if I look like a daft twat, then I'll apologise and encourage you all to take the piss.

OlivierK wrote:

jamest wrote:n two years time if I look like a daft twat, then I'll apologise and encourage you all to take the piss.

On past form, no, you won't.

jamest wrote:
Best case scenario is that you're all laughing at me in two years. I'll take that, genuinely. I'll even laugh with you.

jamest wrote:
I've had nothing to apologise for thus far.

Cito di Pense wrote:

jamest wrote:
Best case scenario is that you're all laughing at me in two years. I'll take that, genuinely. I'll even laugh with you.

How is it, jamest, that the opportunity for your POV to be vindicated is always two years (or more) in the future? You know what they say: If it happens, it must be possible. But it fucking has to happen.

jamest wrote:
I've had nothing to apologise for thus far.

Have you had anything for which to apologise?

OlivierK wrote:You heard it here first Cito, jamest has never looked like a daft twat. Says so himself, and he ought to know.

jamest wrote:As for my thoughts, none whatsoever.

jamest wrote:

OlivierK wrote:You heard it here first Cito, jamest has never looked like a daft twat. Says so himself, and he ought to know.

I've only ever looked like a cunt in terms of my behaviour, not my philosophy. That's perfect. I'm not. I sometimes feel like the Liam Gallagher of the philosophy realm, if you get my drift.

Cito di Pense wrote:

jamest wrote:

OlivierK wrote:You heard it here first Cito, jamest has never looked like a daft twat. Says so himself, and he ought to know.

I've only ever looked like a cunt in terms of my behaviour, not my philosophy. That's perfect. I'm not. I sometimes feel like the Liam Gallagher of the philosophy realm, if you get my drift.

Are you suggesting your philosophy has nothing to do with your behavior? If so, it wouldn't surprise me a bit.

jamest wrote:Best case scenario is that you're all laughing at me in two years.

jamest wrote:A year from now, I predict that the $£ etc. will have a significant fraction of its present value. We'll be in the realms of a 4-figure percentage hike within a year, is my prediction.