For the last ten years I have been anticipating that Europe would become the Switzerland of the world, at a larger scale. For the worth and better. Sustainability is a big part of it and this kind of move as well as the platforms regulation give me hope.

In what way is Europe becoming like Switzerland? There is no direct democracy to begin with, more like the opposite.

My mind doesn’t have a large enough heap for this recursive statement

The only way the EU will survive is if it becomes a federation. Limited federal government that takes care of specific areas, like central bank, military, diplomacy. And leaves all other responsibilities to small states, like the US (or rather like the US was). Instead we have a EU that wants to micro manage every single problem (like fashion in this example), and large states that are not ready to give up any more sovereignty.

Bernard: They can't stop us eating the British sausage, can they?

Hacker: They can stop us calling it the sausage though. Apparently it’s going to be called the emulsified, high-fat offal tube.

Horribly expensive, centered on financial services, great for hiding money and impossible to immigrate too?

Not sure what you’re getting at?

> Horribly expensive, centered on financial services, great for hiding money and impossible to immigrate too?

Yes, no, not anymore, no.

And even those costs are relative - sometimes when I travel I end up in places which are definitely not cheaper. And that's coming from somebody living in 1 of 2 most expensive spots within Suisse. Some more rural places are cheaper to live in than most big European cities.

Offering some of the best quality of life on earth maybe.

Quality of life is pretty damn subjective isn't it?

I know Europe is not the only place with free healthcare, but, at least for me, free healthcare comes above [everything else].

Yeah sure, you can get insurance in other countries, but there WILL ALWAYS BE fine print, some random procedure and you're not covered, or out of pocket expense, etc.

With free healthcare, there's no fine print, everything from a allergic reaction, to neurosurgery the cost will always be 0 no matter what.

Healthcare isn't free in Switzerland.

Incredible how you claim Switzerland has the highest QOL, yet don't know the basics about the country.

From a buyer perspective, my experience is that it is expected if not required. Due Dills are a great opportunity for the buying CFO to surface some weaknesses in the target company plan and numbers and to pull some financial levers to decrease the price of the original term sheet.