Renewed Investor Posted September 4, 2012 Share Posted September 4, 2012 (edited) We knew problems were gonna arise when they pegged the value fo the Swis Franc to the Euro didn't we? Link Edited September 4, 2012 by Renewed Investor Quote Link to comment Share on other sites More sharing options...
zugzwang Posted September 4, 2012 Share Posted September 4, 2012 We knew problems were gonna arise when they pegged the value fo the Swis Franc to the Euro didn't we? Link Problems were there long before they adopted the Euro peg. When it comes to dodging taxes the Swiss could probably teach our Greek friends a thing or two. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted September 4, 2012 Share Posted September 4, 2012 We knew problems were gonna arise when they pegged the value fo the Swis Franc to the Euro didn't we? Link yep they shouldnt have done it and entered recession 6 months before Have you ever considered reading your own links Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted September 4, 2012 Share Posted September 4, 2012 (edited) Problems were there long before they adopted the Euro peg. When it comes to dodging taxes the Swiss could probably teach our Greek friends a thing or two. The swiss dont generally dodge their taxes (probably because they get a say in spending them unlike the dictatorships everywhere else), not forgetting they have the most transparent domestic tax in the western world with a real LVT. The tax dodgers are the ones from everywhere else parking their money in Switzerland to dodge tax but yes they are still screwed because its another ending of a multi generational debt cycle, cant really avoid that unless you are in the Amazon Edited September 4, 2012 by Tamara De Lempicka Quote Link to comment Share on other sites More sharing options...
Renewed Investor Posted September 5, 2012 Author Share Posted September 5, 2012 (edited) yep they shouldnt have done it and entered recession 6 months before Have you ever considered reading your own links What I mean't was that when they pegged to the Euro we pretty much knew it was over for the Swiss. Their safe haven alure has been lost entirely which is what made them a global player. It was teh last nail in the coffin. Edited September 5, 2012 by Renewed Investor Quote Link to comment Share on other sites More sharing options...
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