switzerland can kiss their high standard of living good eye in the next few decades

[verzetn]

the swiss government cucks literally changed law at the last minute to process the buyout of credit suisse to UBS.

who would have faith in their shit laws after this?

nobody.

in any sane situation, bond holders have priority over stock holders. and even in this shit At1 junk tier bonds, they have option to convert to stocks.

but the swiss cucks decide itd a good idea to wipe out bond holders and let the shareholders get the money. while traditionally its the completely reverse. the worst is they literally changed law at the last minute to do this.

swiss banking is dead, at this point. obama cucked it, now its totally dead.

now i dont feel bad for those fucking billainores and corrupt motherfuckers who hide their wealth in switzerland.

but one thing is clear, the swiss cucks in general gonna suffer. their standard of living gonna decrease. switzerland has already some of the highest cost of living in the world. now their revenue/income gonna do down, a lot.

in a couple decades switzerland will no longer be rich, just rich enough to not be poor.

 

[Transcended Trucel]

massive lifefuel. fucking hate em richfags

 

[LesscoBlob]

the swiss government cucks literally changed law at the last minute to process the buyout of credit suisse to UBS.

You can do A LOT of things to mess up your country's economy. I mean it. But this is unironically one of the worst possible ways.

who would have faith in their shit laws after this?

Not a single sane person.

in any sane situation, bond holders have priority over stock holders. and even in this shit At1 junk tier bonds, they have option to convert to stocks.

Bond holders have priority over stock holders, because bonds are essentially a loan to the government, not a company. This is also the reason they're generally more reliable than investing in stocks.

but the swiss cucks decide itd a good idea to wipe out bond holders and let the shareholders get the money. while traditionally its the completely reverse. the worst is they literally changed law at the last minute to do this.

That is actually theft. I don't think ANY country has ever done that. That will destroy the trust people have in the government which will heavily reduce investments in bonds. Switzerlands is basically killing its economy.

swiss banking is dead, at this point. obama cucked it, now its totally dead.

Exactly

now i dont feel bad for those fucking billainores and corrupt motherfuckers who hide their wealth in switzerland.

Same. Screw them.

but one thing is clear, the swiss cucks in general gonna suffer. their standard of living gonna decrease. switzerland has already some of the highest cost of living in the world. now their revenue/income gonna do down, a lot.

in a couple decades switzerland will no longer be rich, just rich enough to not be poor.

Unironically Switzerland has exploited the world more than colonial empires. It even exploited colonial empires/

Swiss richcucks mad now.

 

[Linesnap99]

a minor inconvenience