The exemplary Swiss case
June 26, 2025In about fifteen years, the Swiss franc has soared by over 25% against the euro… without decimating the Swiss economy. Quite the opposite, in fact, as its industrial output has even increased by 40%, while Europe is faltering
UBS + CS = ?
March 19, 2023We live in a great time when Credit Suisse is about to be sold to UBS at 1 billion, when its market capitalization exceeded 90 billion in 2007! In 2022 alone, CS’s stock has collapsed by 75%. This is the period of wild sales because 1 billion would be paid by…
Innovation will save Switzerland!
April 24, 2015Europe and Switzerland are in full deflation, aggregate demand is at best anemic and only the emergence of a single or multiple asset bubbles is likely to revive their economies. Retail prices decline as consumers, who no longer have the means to maintain their current living standard, refuse to listen to the “credit sirens” and…