Its all because of negative interest rates, lower taxes and protection of investment, which add value into currency and increase in purchase power. Salute to their economist
There is nothing strange about a central bank being owned by shareholders. The Federal Reserve is owned by the member banks. The Bank of England was a joint stock company.
Swiss- Printing "too much" money without causing inflation or losing confidence in the currency. Argentina- Write it down. Write it down. (before the next inflation).
Visual Politik should do a video on the WAR between Azerbaijan and Armenia! For a great analysis of the Conflict between these two nations, it's origins, future and possible SOLUTIONS check out: th-cam.com/video/2oAyBHztqxY/w-d-xo.html&ab_channel=MyTake
Love your channel. Especially when you talk about my home country 😉 I'm always interested to hear what other people think of Switzerland 🇨🇭 Look forward to your next one 😁
That's a nice trading experience with her, I have never seen any Mrs Maureen client's complain about lost or being scammed I think she is a professional broker
The Swiss have a lot of cool stuff named after them and that are very popular around the world: -Swiss cheese -Swiss Army knives -Swiss watches -And now Swiss francs
Ah yes, another Visualpolitik video where you immediately skip to the third minute coz the first 2 are for selling shit you don't need. Ok at least this time the real talk starts from 01:22.
Commercials upon commercials upon commercials. I recently seen two ads before I could watch a flipping 30 second video. The ads were longer! TH-cam, wtf???!!
I have been investing in currencies and I was lucky to jump into crypto currencies years ago. I know how much profit I have accumulated in bitcoin. Maybe some day I would be changing my bitcoin to Swiss Franc
Yeah, bitcoin has really paid so much dividends to me. I wish I invested much more earlier but I think with the economic and pandemic crisis, there is still a lot to profit from in bitcoin this year
Nothing is more profitable than bitcoin right now, looking into investing into more crypto currencies. No investment or stock looks to have a higher profit margin to this and what's more interesting is if you know how to trade your bitcoin
Very good video - well done. The cantons are not "kind of" autonomous regions. In Switzerland, euch canton has its own CONSTITUTION and parliament! They are all self governed, but have ceded certain parts of their autonomy to the federal government under the Swiss constitution. Similar to the United States, who's constitution the Swiss took over 150 years ago and then kept improving. This also explains why the Swiss have such liberal gun laws.
The difference is that in Norway they invest with a dedicated sovereign fund ( www.nbim.no/ ) The practical result is similar, but Norway has the advantage of having oil (the fund has the mission of investing the profits resulting from it).
This is good but not fantastic. I am BSc Physics and MSc Finance. If you guys need another eye to look over anything banking or economics, you should really hit me up. There are several half-truths and misconceptions presented here
Totally agree. Many of their videos are now churned out with only cursory research. So when I see incorrect info on things I understand makes me question their other vids. on subjects new to me. I see them as nothing more than an entertainment channel - which is sadly a wasted opportunity as they could be (as they try and present themselves as) a useful resource for information.
Yeah they also inspired my channel. I actually just released a video on the escalation to WAR between Armenia and Azerbaijan. I woonder what Visual Poitik's take on the situation is?
Fun fact: after ww 1 and 2, a few provinces of germany and France tried to join Switzerland, the neutral and stable country. Switzerland decided not to so as not to be seen as non-neutral...being invaded, its just not them. Personally, I think that would've been a great way to create a european union that would've started out democratic...slowly expanding from the centre of europe.
The wisest thing that should be on every wise individuals list is to invest in different stream of income that don't depend on the government to bring money especially now the pandemic is hitting economy pretty hard
These past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better on the short run?
A very good technical analysis and understanding of price action in the market makes trading easier and less confusing. As a beginner, I strongly recommend a professional for your analysis, she is Ms loretta wilkinson
@@olivijamartineie3789 She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $5000 ,it yielded returns of over $15000 within two weeks of trading. I was really impressed by the profit actualised
@@olivijamartineie3789 Yeah. I heard of Ms loretta wilkinson sometime ago but it was on a different platform, not here on TH-cam. How do I contact her?
Not all is rosy in Swizerland. Its phenomenally expensive and there is very little choice in its stores. Aldi in Switzerland charges Harrods(London) prices for groceries, which sometimes just consist of rows of tinned carrots and not much else. Even the Swiss are fed up of the cartel food suppliers hold in the country.
So they are like the Norwegian sovereign fund, without ethic concerns. I am shocked that they invest in Amazon, a company whose workers in Seattle are homeless and have no health insurance. What a shame! We should not use that company full stop!
Another reason to invest in swiss francs is that Switzerland is a neutral country that doesn't freeze assets when the govt doesn't like your policies, and doesn't involve itself in waging war across the world. Oh, and a stable govt. The executive is collective (unlike the presidential that is prone to dictatorship or a blowhard that changes policy on a dime), collegial (they cannot fire each other, unless the prime minister being able to fire ministers in parliamentary systems, and proportional (4 different parties are in the 7-member executive- and they must work together).
I would also point out that there is the WIR currency which is a currency community that Swiss SMEs can sign up to. The WIR allows to counteract against FX fluctuations and is a fully private entity.
"It is said that there are two challenges you should never enter into with a swiss national, one is skiing and the other is money." Unless you're Norway of course.
Do all the Cantons have equal shares? I assume not. Are payouts to the Cantons based partially or fully based on the amount of shares they hold? Thanks in advance to anyone who knows!
I wanna see them talk about the WAR between Azerbaijan and Armenia! For a great analysis of the Conflict between these two nations, it's origins, future and possible SOLUTIONS check out: th-cam.com/video/2oAyBHztqxY/w-d-xo.html&ab_channel=MyTake
Not really - some of the information is misleading at best - or plain incorrect. Its interesting but like much on TH-cam do not take what is presented as correct.
This strategy is what I've been wishing my government to do for the past couple years but unfortunately nobody really understands much about economics there.
@@LeCheckmate We are part of Euro. Our government is quite low on debt compared to some other Euro countries and interest cost for our government to borrow money is close to 0%. It doesn't make any sense to keep low debt in this economy while other member countries borrow free money and dilute the Euro value. We could increase our government debt to same level with other member countries that are higher in debt but instead of spending all that money create a government wealth fund that compounds the free money and uses tiny portion of the funds annually to cover part of government budget and that way lower citizens taxes to make our country more competitive and boost the economy.
@@derekmarlowe522 corporation execs and shareholders never pay for their share for the taxpayer investment and the hard work of the middle class that builds our country up. instead they just export ownership and profits
Idk, don't you think it's unfair that the bank of swis can just basically print the money out of nothing to buy stocks and bonds, thus generating large amount of profit ? Sorry but I'm a bit dumb at financial economy so if anyone can correct my thought will be appreciated cheers.
So what can you do with risen demand? Either you print money, which causes your money to become „cheaper“ or you don‘t fulfill it and it becomes more expensive. So to keep the currency stable it is needed to print the right amount on new currency. So what to do with the extra amount of foreign cash? Leaving it sitting around wont bring any ROI so it gets invested in new assets(in this case stocks). In the end it is not unfair in a capitalist global market, but in the end the question is how fair you consider capitalism. Hope that helps.
@@fl3669 Hardly any central bank is really private nor independent. Hegg, even the supposed independent judiciary that people tout is the hallmark of democracy is not independent (executive, or executive + legislative appoints, not elected by shareholders or voters).
Swiss French- nearly the same and intelligible between the French and Swiss Swiss Italian- nearly the same and intelligible between italians and Swiss Swiss German- wtf????!!!
@@리주민 There are still people in the french region that speak franco provencial and in ticino they also sometimes speak with a lombard dialect. And the swiss can speak standard german if they want to...they just don't like it that much.
Yeah right at the beginning he said the Swiss population is eight (very quietly point) five million people. I heard eighty five million and had to listen 3 times before I heard him correctly.
IMO Singapore's central bank is much more unique, they don't even control interest rates, they just intervene in the forex markets to control their inflation.
I would like to see a video about bad stuff in Switzerland. I'm not from there (I'm from the second poorest EU country: Croatia). However, everybody is talking about Switzerland like a perfect place. Is it really so?
Fuck no. We've had state sanctioned child slavery until the 1970s. And when we looked to make reparations for those, we only offered a laughably small, symbolic sum. And to get that money, the 'Verdingkinder', the former child slaves had to actually fight for that money and prove to an invasive extent that they were indeed sold by the government, retraumatizing them again. After WW2, our biggest child protective institution was headed mainly by two swiss nazi-supporters which carried out a state sponsored genocide against the Jenische. (Forced sterilization of their women, kidnapping of their children, etc.) We're also the first generation of swiss people that grew up knowing we'd all be able to vote. Before 1990, we didn't have universal voting rights. (I.e. women weren't allowed to vote.) We also had proud, open fascists inspired by US republicans leading our biggest party under Schwarzenbach and Blocher. And that's just the bigger stuff. We had a pretty big, invasive police state in the mid-20th century. But that's kinda before my time. Oh, also our lgbtiqa+ protections are laughably weak and hatecrimes aren't taken seriously at all. Also our police is about as unaccountable to the public and as unwilling to change that as the US police __ Like, the Switzerland I grew up in is vastly different compared to the one my parents grew up in.
Join the Trends Community today. Get your first two weeks for just ONE dollar. Go to trends.co/VISUALPOLITIK to get started.
Very poor research - sadly becoming more prevalent in your videos. Maybe slow down the churn rate and spend more time on crafting decent ones
how much does switzerland pay for this ad?.
Our flag is a huge plus
+
++++++++++++
Literally
Stonks
Templars? th-cam.com/video/SrVjlixxYzE/w-d-xo.html
TLDR
The Swiss people are Cantonese
hahahaha
哈哈哈
Cantonese are the business people of china
Good one 😂
Its all because of negative interest rates, lower taxes and protection of investment, which add value into currency and increase in purchase power. Salute to their economist
Their monetary policy is god awful, this has to be sarcasm
There is nothing strange about a central bank being owned by shareholders. The Federal Reserve is owned by the member banks. The Bank of England was a joint stock company.
Swiss- Printing "too much" money without causing inflation or losing confidence in the currency.
Argentina- Write it down. Write it down. (before the next inflation).
In financial markets, perception is everything.
VisualPolitik: *"You can become a shareholder of the Swiss Central Bank"*
Me: *"Write that down! Write that down!"*
Visual Politik should do a video on the WAR between Azerbaijan and Armenia! For a great analysis of the Conflict between these two nations, it's origins, future and possible SOLUTIONS check out: th-cam.com/video/2oAyBHztqxY/w-d-xo.html&ab_channel=MyTake
@@drunkensailor3736 exactly I'm waiting for that
I'd love to invest, but first I need money...
Print it
@@chris0000924
Problem: My govt won't let me.
Answer: declare independence 🤑🤑🤑
Norway:"we are better than warren buffet in investment"
Swiss:"hold my cheese..."
Buffet: "what you're saying now?"
1:18 thank me later
thanks
Thanks
Love when everybody knows what the comment is despite the comment is not explicit. :3
.28% is still better than the average saving account interest these days.
What sad times we live in that this is the norm. Pray these rates don't go negative yet :(
Love your channel. Especially when you talk about my home country 😉 I'm always interested to hear what other people think of Switzerland 🇨🇭 Look forward to your next one 😁
Switzerland is not a bigger exporter than Germany? Germany has 1, 56 trillion in exports, Switzerland has 0,31 trillion
Per capita
It's relative to their domestic GDP
Germany has 10 times more inhabitants. 8m vs 80m
Irrespective of Export figures, the GOODWILL of Neutrality in International affairs for centuries adds great value to Swiss Franc
Hello Mrs Maureen the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategies....
Hello Mrs Maureen the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategies....
Can I invest from Australia
Hello 👋
How favourable is the market now . I want to invest in cryptocurrency
Can I start with $3000
I'm a single mum hope investing In Bitcoin will help solve my financial problems?
That's a nice trading experience with her, I have never seen any Mrs Maureen client's complain about lost or being scammed I think she is a professional broker
The Swiss have a lot of cool stuff named after them and that are very popular around the world:
-Swiss cheese
-Swiss Army knives
-Swiss watches
-And now Swiss francs
Chocolate
dog meat...
Ah yes, another Visualpolitik video where you immediately skip to the third minute coz the first 2 are for selling shit you don't need. Ok at least this time the real talk starts from 01:22.
TH-cam Premium and an adblocker is not enough, also need to spam that skip ahead button on the mobile youtube app.
Commercials upon commercials upon commercials. I recently seen two ads before I could watch a flipping 30 second video. The ads were longer! TH-cam, wtf???!!
I mean, technically the Swiss National Bank IS a Sovereign Wealth Fund by operation at this point
I have been investing in currencies and I was lucky to jump into crypto currencies years ago. I know how much profit I have accumulated in bitcoin. Maybe some day I would be changing my bitcoin to Swiss Franc
Yeah, bitcoin has really paid so much dividends to me. I wish I invested much more earlier but I think with the economic and pandemic crisis, there is still a lot to profit from in bitcoin this year
Nothing is more profitable than bitcoin right now, looking into investing into more crypto currencies. No investment or stock looks to have a higher profit margin to this and what's more interesting is if you know how to trade your bitcoin
Trading is all about market experience, forecasting and signals. It's also essential to learn to read charts.
Without a guide it will take a lot of work and losses before a newbie can start profiting
How do you know when to get in and out of a particular stock? I am new to stock and bitcoin trading and yet to understand price action.
You guys should do one on the norwegian krone as well
I'm intrigued
Why? Is it special somehow?
I've never heard of it, sounds fascinating
Funny how people have never heard about NOK
@@xjhonshmitx ...US citizens haha (just kidding)
Very good video - well done.
The cantons are not "kind of" autonomous regions. In Switzerland, euch canton has its own CONSTITUTION and parliament! They are all self governed, but have ceded certain parts of their autonomy to the federal government under the Swiss constitution. Similar to the United States, who's constitution the Swiss took over 150 years ago and then kept improving. This also explains why the Swiss have such liberal gun laws.
Lowering taxes is competitive in Switzerland. It doesn’t always end well though. Also healthcare costs vary a lot from Canton to Canton.
7:01 That's Hallstatt in Austria though and not Switzerland.
Depends. Who made the map? 😋
Close enough
Maybe the swiss plan to buy it 😂
Who's that woman in the thumbnail? Asking for a friend
I think that's Lizzie Velasquez
Looks like Kate Winslet
Its the host's girlfriend. Thems fighting words 🙃
950 billion..omfg...only Norway has a little more (over 1 trillion) in fund reserves and to think that my country is -165 billion
fantastic explanation, the best economics channel so far!!
Greetings from basel 🇨🇭
Greetings from Neuchâtel 🇨🇭
@@pomme_paille Greetings from Bern
Greetings from your EU neighbours 🇪🇺
Sali
@@adaptiveaxolotl383 greetings form Bern
They dont even know what a bad economic day looks liikee😭
what do you mean?
It's nice to know that they have such an efficient system
I print paper and call it money. I give these pieces of paper and you give me a part of your company. Sounds good to me.
And still everyone buys the paper 😄
Interesting content. However, Norway has a similar strategy, this is not unprecedented. It's on a video on this channel.
The difference is that in Norway they invest with a dedicated sovereign fund ( www.nbim.no/ )
The practical result is similar, but Norway has the advantage of having oil (the fund has the mission of investing the profits resulting from it).
The norwegian fund is based on oil. The swiss counterpart only on reputation.
Very informative and fun. Keep up the good work pal!
Thank you for the video, but I was constantly reducing the volume whenever there was music, not sure if I'm the only one
Minute 7:00 the Little Village is Hallstatt (Austria - not Switzerland)
The audio between segments is too damn loud.
This is good but not fantastic. I am BSc Physics and MSc Finance. If you guys need another eye to look over anything banking or economics, you should really hit me up. There are several half-truths and misconceptions presented here
You might say your the special one 😉
Totally agree. Many of their videos are now churned out with only cursory research. So when I see incorrect info on things I understand makes me question their other vids. on subjects new to me. I see them as nothing more than an entertainment channel - which is sadly a wasted opportunity as they could be (as they try and present themselves as) a useful resource for information.
I love your content, you even inspired me for my own channel, thank you so much! 🥺❤️
Yeah they also inspired my channel. I actually just released a video on the escalation to WAR between Armenia and Azerbaijan. I woonder what Visual Poitik's take on the situation is?
Careful with those money printers though, too much printing can cause major problems. Just take a look at the history of every country on earth!
LOL I didn't realise Hallstatt is in Switzerland?! :D 07:01
Yes I noticed it too.
Yep! I noticed it too 😅
Soon... You just wait...
Fun fact: after ww 1 and 2, a few provinces of germany and France tried to join Switzerland, the neutral and stable country. Switzerland decided not to so as not to be seen as non-neutral...being invaded, its just not them.
Personally, I think that would've been a great way to create a european union that would've started out democratic...slowly expanding from the centre of europe.
Nice one.
Tks from 🇨🇭 😊
Thank you! This was very interesting
Thanks for the info
great video!
I work for the swiss central bank
Tell me how I can i want to be in on this scam, money out of thin air to buy real assets.
@@eric.m5790 You have to be a child of Roth
@@dariostrassli7024 i dont have that luck Lol
With or at*
Great work, so good to see
at 7:07, I bet Austrians will be asking for a fee for use of Hallstatt footage
The wisest thing that should be on every wise individuals list is to invest in different stream of income that don't depend on the government to bring money especially now the pandemic is hitting economy pretty hard
Exactly fine words I've heard all day
Crypto has become a lucrative and profitable way of making money
Yeah cryptocurrency is really doing well I actually see cryptocurrency taking over the financial world It's making waves
@@janetcarlos7965 I agree 💯 with you
Investing is good but investing in the right thing is the actual key to success
This channel never say anything positive about other countries, except for switzerland, the ones who finance this channel. What a show....
These past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better on the short run?
Short term trading is much preferable considering the current market fluctuations
A very good technical analysis and understanding of price action in the market makes trading easier and less confusing. As a beginner, I strongly recommend a professional for your analysis, she is Ms loretta wilkinson
@@olivijamartineie3789 She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $5000 ,it yielded returns of over $15000 within two weeks of trading. I was really impressed by the profit actualised
@@olivijamartineie3789 Yeah. I heard of Ms loretta wilkinson sometime ago but it was on a different platform, not here on TH-cam. How do I contact her?
You can also search her name on the internet
Do not enter a challenge wtih a swiss national in skiing?
Norwegians: Challenge accepted!!
Indeed. Hold my drinkhorn
Not all is rosy in Swizerland. Its phenomenally expensive and there is very little choice in its stores. Aldi in Switzerland charges Harrods(London) prices for groceries, which sometimes just consist of rows of tinned carrots and not much else. Even the Swiss are fed up of the cartel food suppliers hold in the country.
So they are like the Norwegian sovereign fund, without ethic concerns. I am shocked that they invest in Amazon, a company whose workers in Seattle are homeless and have no health insurance. What a shame! We should not use that company full stop!
Another reason to invest in swiss francs is that Switzerland is a neutral country that doesn't freeze assets when the govt doesn't like your policies, and doesn't involve itself in waging war across the world.
Oh, and a stable govt. The executive is collective (unlike the presidential that is prone to dictatorship or a blowhard that changes policy on a dime), collegial (they cannot fire each other, unless the prime minister being able to fire ministers in parliamentary systems, and proportional (4 different parties are in the 7-member executive- and they must work together).
This didn’t age well😂
I would also point out that there is the WIR currency which is a currency community that Swiss SMEs can sign up to. The WIR allows to counteract against FX fluctuations and is a fully private entity.
I bet they make some good Swiss cheese
"It is said that there are two challenges you should never enter into with a swiss national, one is skiing and the other is money."
Unless you're Norway of course.
Or Ireland 😂😂
@@dariusrus5335 Ireland has zero medals in the Winter Olympics, so no need to fear their skiing abilities.
@@sevret313 I was just thinking about the money part :))
Come at me Norway 😤
Gra t video, thanks :)
Do all the Cantons have equal shares? I assume not. Are payouts to the Cantons based partially or fully based on the amount of shares they hold?
Thanks in advance to anyone who knows!
Austrian here, speaking of skiing, I definetly mess with the swiss :D
The best channel on independent media.
I wanna see them talk about the WAR between Azerbaijan and Armenia! For a great analysis of the Conflict between these two nations, it's origins, future and possible SOLUTIONS check out: th-cam.com/video/2oAyBHztqxY/w-d-xo.html&ab_channel=MyTake
Not really - some of the information is misleading at best - or plain incorrect. Its interesting but like much on TH-cam do not take what is presented as correct.
This strategy is what I've been wishing my government to do for the past couple years but unfortunately nobody really understands much about economics there.
Does your government also produce the most stable, strongest currency in the world?
@@LeCheckmate We are part of Euro. Our government is quite low on debt compared to some other Euro countries and interest cost for our government to borrow money is close to 0%. It doesn't make any sense to keep low debt in this economy while other member countries borrow free money and dilute the Euro value. We could increase our government debt to same level with other member countries that are higher in debt but instead of spending all that money create a government wealth fund that compounds the free money and uses tiny portion of the funds annually to cover part of government budget and that way lower citizens taxes to make our country more competitive and boost the economy.
good thing we have tax loopholes in america to send them a lot of money for investments
you must want the govt. to confiscate the money? you are sick...
@@derekmarlowe522 corporation execs and shareholders never pay for their share for the taxpayer investment and the hard work of the middle class that builds our country up. instead they just export ownership and profits
Idk, don't you think it's unfair that the bank of swis can just basically print the money out of nothing to buy stocks and bonds, thus generating large amount of profit ? Sorry but I'm a bit dumb at financial economy so if anyone can correct my thought will be appreciated cheers.
So what can you do with risen demand? Either you print money, which causes your money to become „cheaper“ or you don‘t fulfill it and it becomes more expensive.
So to keep the currency stable it is needed to print the right amount on new currency. So what to do with the extra amount of foreign cash? Leaving it sitting around wont bring any ROI so it gets invested in new assets(in this case stocks).
In the end it is not unfair in a capitalist global market, but in the end the question is how fair you consider capitalism. Hope that helps.
Well the Currency is backed by Switzerland's safe and robust economy. So even if they print, the demand Keeps it off from devaluing.
I JUST LOVE SWITZERLAND.
Wow. That is some bank.
That is brilliant. Print pieces of paper and exchange that for tangible assets.
How is the Swiss National bank different from the U.S. Federal Reserve? Both are Private sector and fund the respective nations they're housed in.
The federal reserve is not really private. The government can give orders to it, like bailing out companies among other things
@@fl3669
Hardly any central bank is really private nor independent. Hegg, even the supposed independent judiciary that people tout is the hallmark of democracy is not independent (executive, or executive + legislative appoints, not elected by shareholders or voters).
리주민 exactly
th-cam.com/video/6Hi4pIjTQ7Q/w-d-xo.html
one minute and twenty seconds of publicity? I nearly gave up watching
swirzeland is, indeed, a special place.
The better Germany with funny languages.
Swiss French- nearly the same and intelligible between the French and Swiss
Swiss Italian- nearly the same and intelligible between italians and Swiss
Swiss German- wtf????!!!
@@리주민 There are still people in the french region that speak franco provencial and in ticino they also sometimes speak with a lombard dialect.
And the swiss can speak standard german if they want to...they just don't like it that much.
Informative how many hours a day u spend studying
This is only the second most unusual. First most unusual is Australia Corporation.
Wooow. They even Export thier currency 😳😮😂😂
Ww1 or ww2
No soldier or bombs visit the Swissland.
Guess why
Switzerland, the most prosperous, successful and richest country in the world.
Home of the oldest NWO
Visual politiks: anything outside western Europe Australia America bad
Visual politiks: anything inside Western Europe Australia America good
How in the world is switzerland a bigger exporter than Germany? Germany exported over 2 trillion usd in 2019
Yeah right at the beginning he said the Swiss population is eight (very quietly point) five million people. I heard eighty five million and had to listen 3 times before I heard him correctly.
Yaay so fast
Hi, can you make the video about China’s plan for the next 5-10 years?
Jai Shree Ram.
Brilliant video...thanks
if the stock market crashes does that just decimate the swiss central bank?
Not really, otherwise we'd have seen that both in 2008 and 2020
In a market crash, there are loosers and winners. And if you have enough money, you'll always win.
When I get on unemployment thinking of buying old Swiss banknotes going to take a look at what I can find.
Also the Federal Reserve Bank is not owned by the state.
Why am I even paying taxes if they have that much money? 🤔
Can we borrow the bank's money to buy it's stocks?
Not really the federal reserve is also private( just not publicly traded)
It is a self sustaining cycle. Its remarkable.
Speechless, where i can short Swiss National Bank?
I visit pepole very nice Zurich pulled they do the job Very good,
Have so much money so able to buy junk like GME and AMC and loose milions no biggie.. This will not end well as you can easily smell trouble..
Boj is also on stocks exchange and are safe havens in kind they also buy anykind of etf allround globe.. Not so unique in its kind lol..
I know nothing about swiss finance, i only know about swiss knife and kinda great😂
Come thru Midwest! 11:14 Madison, Wisconsin
Another lovely video about a country I desperately want to visit. Thanks COVID ( -__-)
Hi please can u make video on Paraguay n Bolivia
04:59 it is the Thunersee.
Where's all the tuna fish then?
IMO Singapore's central bank is much more unique, they don't even control interest rates, they just intervene in the forex markets to control their inflation.
Why there's less Likes.....
I would like to see a video about bad stuff in Switzerland. I'm not from there (I'm from the second poorest EU country: Croatia). However, everybody is talking about Switzerland like a perfect place. Is it really so?
The presure in the labormarket is quit high, also in education but its worth it
Fuck no.
We've had state sanctioned child slavery until the 1970s.
And when we looked to make reparations for those, we only offered a laughably small, symbolic sum.
And to get that money, the 'Verdingkinder', the former child slaves had to actually fight for that money and prove to an invasive extent that they were indeed sold by the government, retraumatizing them again.
After WW2, our biggest child protective institution was headed mainly by two swiss nazi-supporters which carried out a state sponsored genocide against the Jenische.
(Forced sterilization of their women, kidnapping of their children, etc.)
We're also the first generation of swiss people that grew up knowing we'd all be able to vote.
Before 1990, we didn't have universal voting rights. (I.e. women weren't allowed to vote.)
We also had proud, open fascists inspired by US republicans leading our biggest party under Schwarzenbach and Blocher.
And that's just the bigger stuff. We had a pretty big, invasive police state in the mid-20th century.
But that's kinda before my time.
Oh, also our lgbtiqa+ protections are laughably weak and hatecrimes aren't taken seriously at all.
Also our police is about as unaccountable to the public and as unwilling to change that as the US police
__
Like, the Switzerland I grew up in is vastly different compared to the one my parents grew up in.
Where is the bald man I’m about to leave I just don’t like this dudes voice