profit

Is the West taxing itself out of business?

It’s not a coincidence that most successful Western corporations were founded last century. Then it was still possible to build up a highly profitable company in the West. Nowadays however, that’s easier said than done. Western tax authorities, led by Sweden followed by America, are tightening any loopholes there are. [...]

The American Dream – what does it stand for today?

It seems to me that a few bankers have managed to hijack and contaminate the American Dream. To them it means looking after number one at the expense of others, which is as far from the true meaning as you can get. And the price for that is being paid by Middle America with their drastically reduced spending power. [...]