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RE: LeoThread 2025-04-04 00:06

in LeoFinance6 months ago

Part 6/9:

As Switzerland evolved politically with the creation of the Federal State in 1848, it introduced a direct democracy system, allowing citizens to vote directly on policies instead of relying solely on elected officials. While this model fostered political stability and lower taxes, it also meant that large public policy decisions demanded considerable time to gain public approval. The system proved effective for maintaining Switzerland’s peace and prosperity in a tumultuous Europe.

Banking and Economic Resilience