(Crazy) economy news

Skybird · 03-19-23, 07:02 PM

Deal is done on Credit Suisse.

If it shows anything than how dangerous and critical and unstable the situation is - not just in Switzterland, but internationally. Of course they dont say that so clearly. But I do. We balance on a razorblade.

https://www.dw.com/en/ubs-and-swiss-...ver/a-65041855

And there are more banks in troubles. People are not totally stupid, they withdraw confidence from the (broken) system. Political measures, not just on the banks but also against citizens, will become more disinihibited.

03-19-23, 07:02 PM	#11
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,707 Downloads: 10 Uploads: 0	Deal is done on Credit Suisse. If it shows anything than how dangerous and critical and unstable the situation is - not just in Switzterland, but internationally. Of course they dont say that so clearly. But I do. We balance on a razorblade. https://www.dw.com/en/ubs-and-swiss-...ver/a-65041855 And there are more banks in troubles. People are not totally stupid, they withdraw confidence from the (broken) system. Political measures, not just on the banks but also against citizens, will become more disinihibited. __________________ If you feel nuts, consult an expert.