18May2024
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Saturday Reflection: Nostalgia and Progress πŸš‚βœ¨

Disclaimer: The views and opinions expressed in the vapa Swiss independent wealth management blog posts featured on this page are solely my own and do not necessarily represent the views of any institutions or organisations I may be associated with. These posts are intended to share personal insights and perspectives and should not be interpreted as official statements or positions of any affiliated entities.

I am back from a short, trip to Lugano. πŸš‚ The city, which has always been a jewel of Switzerland, is an extra hour away from Zurich. This summer, an accident in the pride of our train infrastructure, the Gotthard Tunnel, caused significant damage, and while it’s being repaired, we are rerouted to the old scenic route. A bit of nostalgia, isn’t it? πŸ›€οΈ

Speaking of Gotthard, it’s impossible not to mention Alfred Escher. Escher (1819–1882) was a prominent Swiss politician, business leader, and railway entrepreneur who played a pivotal role in the 19th century. His influence spanned various sectors, thanks to his involvement in the Swiss Northeastern Railway, the Federal Polytechnic School, Credit Suisse, Swiss Life Insurance and Pension Company, and the Gotthard Railway Company. πŸ›οΈπŸš†

Escher is a classic example of how politically affiliated individuals in developed Western Europe rose to wealth. He even founded Credit Suisse, by today’s standards, as a PEP (Politically Exposed Person).

It really makes you wonder, doesn’t it? πŸ€” Each region of our world has developed at its own unique pace, shaped by distinct histories, cultures, and challenges. Yet, in today’s global landscape, there’s a tendency to measure them all against the same yardstick. πŸ“πŸŒ

Food for thought. I wish everyone a relaxing and insightful Saturday! πŸ‚πŸ“š

Source: LinkedIn

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Nostalgia and Progress - A Scenic Journey to Lugano

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