Only three days after my observation about the Swiss Bank, we have a run on the bank and after retiring 50 billion, it had to ask the Swiss State to save it. To nationalize it in fact. It will be devoured by UBS and disappear. The tremors of its collapse are reaching very far.
There are problems in Israel too. The extreme left has taken over the Judiciary branch of the government and is inciting civil resistance. The fishwrap HaAretz has stopped publishing news and considers itself a revolutionary pamphlet. Gadi Taub, a historian, was sacked because the paper considers him a paid agent of "Hungarian fascism". This is madness.
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