101 sats \ 1 reply \ @TomK OP 21 Mar \ parent \ on: Swiss central bank cuts key interest rate by 25 basis points econ
Yes, exactly, and that's why I wrote that Switzerland is the safe haven in case the euro collapses again. And, and this is where it gets speculative, I suspect that they are playing the trailblazer in this interest rate cycle so that capital flight is not stimulated so quickly
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135 sats \ 0 replies \ @draoi 21 Mar
That could be. Also I think the Swiss don't want too much foreign capital given the problems inherent with borrowing, and the fact that money already doesn't go very far in Switzerland (low ppp).
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