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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'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
OLDMDDEM
(2,988 posts)1. Could it be the orange anus is tanking the economy?
roamer65
(37,813 posts)2. I've been buying the Swissie.
The Swiss Franc.
Swiss inflation is around 0.3 pct on yearly basis, and its very possible Switzerland may fall back into deflation.
If they do, negative interest rates will come back and then its better to have cash francs.
Initech
(107,159 posts)3. Hell no! Your money stays here! You forced this asshole on us. Deal with it!