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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: louel who wrote (131255)	3/2/2017 3:40:45 PM
From: Elroy Jetson	Respond to of 217588

Switzerland suffers badly from an extremely over-valued currency. Their many decades of near zero interest rates have made the value of all real estate in Switzerland incomprehensible relative to the actual net worth of Swiss citizens. After leaving Russia, for the cost of a school he built for the town of Murten (Morat) en.wikipedia.org , Alexander Herzen bought Swiss citizenship for himself and all of his future descendants from Canton Fribourg, where the document is still on file in Bern for any of us who want to avail ourselves of it. That was a good deal! Although his family was already living in Lutry - Lausanne, le maire et les notables of Genève weren't keen on his socialist beliefs so he bought his citizenship at the other end of the lake. There were a lot of Swiss and German people part of the back-to-nature mania at the time who came to America and Canada in the late 1800s. Farmland in North America was much less costly, even back then. Some of the back-to-nature gang were also caught-up in the rigid Christian cult of the Mennonites and related groups. Some in Pennsylvania are still living in the 1800s. You still see historic echos of that period in Germany and Switzerland in healthier markets offering carob bean / locust tree, St Johannisbrot, as an allegedly healthy beverage or flour. Even my grandparents had a carob tree in the backyard of their weekend home on Balboa Island which held a shower head far up in the tree for washing off from the beach. As kids we gnawed on the carob pods like chocolate bars, though they had a slight marine flavoring growing only a hundred yards from the beach. Others, like the Ecke family who moved from German Switzerland to Los Angeles to farm in 1980 quickly lost interest in the religious overtones of the back-to-nature movement. After going bankrupt raising alfalfa in Eagle Rock they moved to Hollywood and grew poinsettias and created the Christmas industry around that flower. My Great-grandmother originally wanted to buy a piece of the poinsettia fields for a home at Sunset and La Brea. Although they were willing to sell it, they suggested she look at the new homes on Hay Street, now Hayworth Ave in West Hollywood, where they were building themselves a new home. She bought the lot across the street from them.