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Old 16.01.2015, 16:09
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Re: Aftermath of SNB EUR Peg Discontinuation - Would you be happy to take a 20% pay c

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I think Switzerland is just going to have a nice big depression, like the one my grandparents lived thru, where people lost their jobs/businesses, and had to take menial employment where they could find it to keep the wolf from the door.

It was a poor country not so long ago, then it got too fat and wealthy, attracting too many people, now it has a major problem with social welfare, greedy countries ogling it, Africa trying to re-locate itself here, traditions going out the window, but still trying to live the consumer life.

All about to end
Just because the CHF has gone up by 15%? It was near parity with the Euro around 3.5 years ago (not for long, but even so the world didn't end).
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