/biz/ - Business & Finance

[Anonymous No.54234999]

How the fuck did the Swiss, of all people, blow it?

[Anonymous No.54235069]

Bribery and blackmail
Destroy their dignity, legacy, and future of their own accord, you believe they would?

[Anonymous No.54235089]

>>54234999
never claimed haircomb

[Anonymous No.54235130]

>>54234999
checked and this thread is now an auction for ownership of the government and total land mass of Swiss dirt known as the dirt pile nation of Switzerland.

I will start the bidding at 10 cents.

[Anonymous No.54235139]

>>54234999
They didn't buy k9token

[Anonymous No.54235297]

>>54234999
They gave women the right to vote 30 years ago, shit was going to break sooner or later.

[Anonymous No.54235314]

>>54234999
The WEF is centered in Switzerland. They didn't blow it. UBS nationalizing credit suisse is part of the plan.

[Anonymous No.54235328]

>>54235314
Does CERN have anything to do with this?

[Anonymous No.54235379]

>>54234999
Failure by design, can't win a rigged game. Also checkem

[Anonymous No.54235534]

>>54235328
My god. Even Pepe is a conspiracy

[Anonymous No.54235568]

>>54234999
Checked, they never shoulda let the USA put an end to their private swiss banking. Idiot vassals.

[Anonymous No.54235592]

>>54235568
This

[Anonymous No.54235602]

>>54234999
Klaus Schwab

[Anonymous No.54235642]

I don't know. I know that SVB collapsed because they bought an ass-ton of what they though was a sure thing. When a sure thing became unsellable without realizing a loss Peter Thiel pointed out the potential liquidity problem and deliberately incited a bank run. The crisis was entirely manufactured by the shift in the interest rate of t-bonds and Thiel deliberately causing it.

I have no idea what the shit is going on with the Swiss but I'm suspicious that this many major banks are suddenly failing at once when I can definitely point to a smoking gun in the case of one of them.

[Anonymous No.54235663]

>>54234999
Investment banking is inherently evil and degenerate. It breeds corruption wherever it exists
Its also jewish of course

[Anonymous No.54235766]

>>54234999
Central Bank

[Anonymous No.54235783]

Mountain Jew are overrated

[Anonymous No.54236491]

>>54234999
Yup. It would be nice to have confidence that SOMEONE in the world won't fuck it up. The Swiss were near the top of the list.

[Anonymous No.54236518]

>>54234999
Mountian Jews - this is all going according to plan.

[Anonymous No.54236872]

>>54235642
>I'm suspicious that this many major banks are suddenly failing at once

>SVB and FRC held long-term bonds while interest rate rocketed.
>Silvergate and Signature Bank (and also SVB) badly invested in crypto
>Debit Suisse badly invested in Greensill Capital and got snookered in Archegos
Each has a reason (or two). But most banks are probably holding long dated Treasuries at losses, and maybe "held to maturity" so the losses aren't on the balance sheet.

[Anonymous No.54238084]

>>54234999
they realized people can make their own swiss bank account by buying bitcoin.

[Anonymous No.54238098]

>>54234999
what should have been done?

[Anonymous No.54238182]

>>54235642
>When a sure thing became unsellable without realizing a loss Peter Thiel pointed out the potential liquidity problem and deliberately incited a bank run. The crisis was entirely manufactured by the shift in the interest rate of t-bonds and Thiel deliberately causing it.
He commented on it after it was already known. You want to point the finger at whoever people first heard it from that would be like the WaPo reporting on it first thing in the morning and spooking a bunch of hipsters.

[Anonymous No.54238234]

>>54235130

sinko mexican peso

[Anonymous No.54238254]

>>54234999
First the depegging

Now this

Theyre just french,arent they?

[Anonymous No.54238300]

>>54238084
Swiss bank accounts stopped being Swiss bank accounts under Obama at the latest.

[Anonymous No.54238305]

>>54234999
Westerners are really fucking good at throwing away a massive lead. It's a tale as old as time: past success breeds complacency.

[Anonymous No.54238316]

Have you ever thought that maybe, the mountainjews came out ahead? Like diving under a giant wave?

[Anonymous No.54238356]

>>54234999
They’re Swiss Germans, the successful Swiss anyways

[Anonymous No.54238703]

>>54235314
yeah i think this is Big Brain take

[Anonymous No.54238720]

>>54234999
A genderfluid pervert was in charge.

[Anonymous No.54238738]

Credit swiss gave a 50 billion frank loan to silicon valley bank...

[Anonymous No.54238877]

>>54234999
Credit Suisse has a long history of fucking up, engaging in money laundry, bad investments, fraud etc. to the point that no one wants to invest in the bank anymore and because of it its been dying. It went from one of the largest banks in the world to something akin to the current market valuation of Crocs. They have no one dedicated to risk assesment in their bank and it shows.

[Anonymous No.54240439]

>>54238254
I thought they were sort of German.

[Anonymous No.54240842]

>>54240439
>>54238254

They're a mix of Monegask French and Luxemburg German.
A very strange breed that is both oligarchic and cowardly.

[Anonymous No.54240884]

>>54234999
Unironicqlly the end of banking secry killed the Swiss banking sector.

Credit Swiss was only good on providing the shadiest financial montages to transfer money anywhere and never pay taxes.

The direction was unable to turn it into a regular bank afterwards and it crashed.