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Switzerland May Be Preparing for the End of the Euro
08-02-2015, 08:59 AM #16
lenora Incognito Anonymous
 
MOO! NO...AH! ğck ! ğck ! ğck ! ğck ! ğck THE SWISS WITH ALL YOU GOT LADIES! THEY'RE SUCH RAPEY MEN! THEY'RE JUST ğkking EVERYONE IN THE ASS! THE ASS!!!! ğck ! NO...AH! Help please.

(01-17-2015, 05:12 PM)Swiss Frank Wrote:  Something is brewing in Europe now that has the Swiss National Bank worried.

If you haven’t been paying attention in the last 24 hours, the currency and equity markets have been rocked by a surprise move to delink the existing currency peg between the Euro and the Swiss Franc. This move has set off what many are calling a “financial tsunami” that could leave behind a path of destruction across the continent.

Waking up to find that the local Swiss ATM will not dispense Euros may be viewed as a short-term inconvenience to the average man on the street, but learning that depositing your money in a Swiss bond with maturities of less than 7 years will cost you money, is catastrophic. It is worth repeating, if you lend or deposit your money with the Swiss, they are going to charge you, not pay you.

Negative interest rates are never a sign that things are getting better–quite the opposite. The current yield curve movement indicates a growing concern that things are deteriorating. The further out on the curve the negative rates go, the greater the perceived danger. From the recent moves, many would conclude that Europe is in serious trouble. Yesterday, the Swiss stock market responded by crashing–experiencing its worse daily drop in over two decades, while its currency skyrocketed.

the rest ~ breitbart.com

mother of all bubbles about to pop
08-02-2015, 02:19 PM #17
Octo Mother Superior
Posts:42,612 Threads:1,469 Joined:Feb 2011
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