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G_j

(40,556 posts)
Fri Apr 18, 2025, 02:19 PM Apr 2025

'Surge': Rich Americans dump money into Swiss banks as Trump chaos creates dollar anxiety

https://www.rawstory.com/trump-taxes-2671801768/

Wealthy investors are looking to “diversify away from the dollar,” according to a new NBC report.

The outlet claims these investors “believe [the dollar] will weaken even further under the weight of the soaring U.S. debt.”

One country that's drawing them away is Switzerland because of its “neutral politics, stable economy, strong currency, and reliable legal system.”

According to NBC, Swiss banks claim “they have seen a surge of interest and business from high-net-worth Americans opening investment accounts in recent months.”


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'Surge': Rich Americans dump money into Swiss banks as Trump chaos creates dollar anxiety (Original Post) G_j Apr 2025 OP
Could it be the orange anus is tanking the economy? OLDMDDEM Apr 2025 #1
I've been buying the Swissie. roamer65 Apr 2025 #2
Hell no! Your money stays here! You forced this asshole on us. Deal with it! Initech Apr 2025 #3

roamer65

(37,813 posts)
2. I've been buying the Swissie.
Fri Apr 18, 2025, 04:15 PM
Apr 2025

The Swiss Franc.

Swiss inflation is around 0.3 pct on yearly basis, and it’s very possible Switzerland may fall back into deflation.

If they do, negative interest rates will come back and then it’s better to have cash francs.

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