Comments on: Switzerland threatened with bankruptcy http://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html a finance news and opinion site Mon, 22 Mar 2010 08:58:45 +0000 hourly 1 By: Taniahttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-10165 Tania Mon, 01 Mar 2010 20:55:09 +0000 http://www.creditwritedowns.com/?p=6132#comment-10165 Ok,<br>you are right in that I am wrong saying that all American soldiers are children-burners (I did not say so directly, but I supported the post containing this idea, probably).<br>But I would like you to "grow up" as well. The war in Vietnam was not for anybody's freedom, but only part of the war against communism. People of Vietnam did not ask you to come and save them, just as people of Iraq which now lies in ruins, and people of Afghanistan, and people of Yugoslavia etc.... Please, leave our continent alone... I am asking the God to save my country from you. The only thing I am really afraid of is that you come to "save" my people. Please, stop saving everybody by starting the war. We want peace. <br>WWII was started by Hitler, and we all tried to stop this war, Hitler was the aggressor and we were right in fighting against him (when I say "we" I am talking not only about my country, but about everyone who did their best at that time to save the world).<br>But please, please, please do not try to establish peace by starting the war. America is the aggressor now, and this is true from any point of view. Ok,
you are right in that I am wrong saying that all American soldiers are children-burners (I did not say so directly, but I supported the post containing this idea, probably).
But I would like you to “grow up” as well. The war in Vietnam was not for anybody's freedom, but only part of the war against communism. People of Vietnam did not ask you to come and save them, just as people of Iraq which now lies in ruins, and people of Afghanistan, and people of Yugoslavia etc…. Please, leave our continent alone… I am asking the God to save my country from you. The only thing I am really afraid of is that you come to “save” my people. Please, stop saving everybody by starting the war. We want peace.
WWII was started by Hitler, and we all tried to stop this war, Hitler was the aggressor and we were right in fighting against him (when I say “we” I am talking not only about my country, but about everyone who did their best at that time to save the world).
But please, please, please do not try to establish peace by starting the war. America is the aggressor now, and this is true from any point of view.

]]> By: davidwyounghttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-10160 davidwyoung Mon, 01 Mar 2010 18:28:57 +0000 http://www.creditwritedowns.com/?p=6132#comment-10160 TANIA, YOU ARE PROBABLY FREE TO DEBATE THIS TODAY THANKS TO THE BLOOD <br>AND SWEAT OF AMERICAN MEN AND WOMAN, THOSE OF YOU WHO DO NOT HAVE THE <br>COURAGE OR THE MEANS TO FIGHT FOR YOUR OWN FREEDOM OR THE FREEDOM OF <br>OTHERS. MY FATHER FOUGHT IN KOREA AND 3 YEARS IN VIETNAM, AND YOU <br>LIBERAL DO-NOTHINGS AROUND THE WORLD CAN ONLY CRITICIZE AMERICA AS YOU <br>SIT ON YOUR FAT ASSES AS MONDAY MORNING QUARTERBACKS. BAD THINGS HAPPEN <br>IN WAR. HOW MANY BRITISH CHILDREN WERE BURNED TO DEATH DURING HITLER'S <br>DAILY ATTACKS ON ENGLAND. GROW UP. HOW MANY JEWISH CHILDREN WERE <br>GASSED OR STARVED. EASY TO BE A CRITIC, HARD TO BE A DOER IN THIS <br>WORLD. TO LABEL AMERICAN SOLDIERS AS "BABY BURNERS" IS A GROSS <br>DISTORTION OF HISTORY AND THE FACTS THAT SPAN OVER 200 YEARS. IF YOU <br>DON'T LIKE AMERICA, DON'T COME HERE OR LEAVE IF YOU ARE HERE. TANIA, YOU ARE PROBABLY FREE TO DEBATE THIS TODAY THANKS TO THE BLOOD
AND SWEAT OF AMERICAN MEN AND WOMAN, THOSE OF YOU WHO DO NOT HAVE THE
COURAGE OR THE MEANS TO FIGHT FOR YOUR OWN FREEDOM OR THE FREEDOM OF
OTHERS. MY FATHER FOUGHT IN KOREA AND 3 YEARS IN VIETNAM, AND YOU
LIBERAL DO-NOTHINGS AROUND THE WORLD CAN ONLY CRITICIZE AMERICA AS YOU
SIT ON YOUR FAT ASSES AS MONDAY MORNING QUARTERBACKS. BAD THINGS HAPPEN
IN WAR. HOW MANY BRITISH CHILDREN WERE BURNED TO DEATH DURING HITLER'S
DAILY ATTACKS ON ENGLAND. GROW UP. HOW MANY JEWISH CHILDREN WERE
GASSED OR STARVED. EASY TO BE A CRITIC, HARD TO BE A DOER IN THIS
WORLD. TO LABEL AMERICAN SOLDIERS AS “BABY BURNERS” IS A GROSS
DISTORTION OF HISTORY AND THE FACTS THAT SPAN OVER 200 YEARS. IF YOU
DON'T LIKE AMERICA, DON'T COME HERE OR LEAVE IF YOU ARE HERE.

]]> By: Taniahttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-10157 Tania Mon, 01 Mar 2010 12:28:28 +0000 http://www.creditwritedowns.com/?p=6132#comment-10157 Why is the comment about the USA burning children in Vietnam highly insulting for you?<br>Everyone in the warld saw pictures of Kim Phuk - a girl burned by US napalm during the war in Vietnam.<br>And the only reason for the war in Vietnam to start was not "standing up for the freedoms of others", but prevention of communism spreading in Asia. This is the official version. <br>Nothing has changed in American policy ever since - you start wars on other continents for the sake of your own interests. Why is the comment about the USA burning children in Vietnam highly insulting for you?
Everyone in the warld saw pictures of Kim Phuk – a girl burned by US napalm during the war in Vietnam.
And the only reason for the war in Vietnam to start was not “standing up for the freedoms of others”, but prevention of communism spreading in Asia. This is the official version.
Nothing has changed in American policy ever since – you start wars on other continents for the sake of your own interests.

]]> By: Taniahttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-10156 Tania Mon, 01 Mar 2010 12:06:49 +0000 http://www.creditwritedowns.com/?p=6132#comment-10156 This is the post of the most aggressive nation in the history… ridiculous…<br>How many wars has the US started during the last seventy years?<br>And how many Russia has?<br>Poor US brainwashed citizens will afraid of red alert forever, since this is a very convenient argument for their government to attack other countries bringing them "democracy". <br><br>P.S. this is the USSR governed by Stalin which played the main role in saving the world from Hitler. This is the post of the most aggressive nation in the history… ridiculous…
How many wars has the US started during the last seventy years?
And how many Russia has?
Poor US brainwashed citizens will afraid of red alert forever, since this is a very convenient argument for their government to attack other countries bringing them “democracy”.

P.S. this is the USSR governed by Stalin which played the main role in saving the world from Hitler.

]]> By: anonymoushttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-10095 anonymous Wed, 24 Feb 2010 01:59:48 +0000 http://www.creditwritedowns.com/?p=6132#comment-10095 <a href="http://www.angrybearblog.com/2010/02/swiss-banking-secrecy-in-news-again-as.html#comments" rel="nofollow">http://www.angrybearblog.com/2010/02/swiss-bank...</a> http://www.angrybearblog.com/2010/02/swiss-bank...

]]> By: The European problem - Credit Writedownshttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-9877 The European problem - Credit Writedowns Mon, 08 Feb 2010 23:28:11 +0000 http://www.creditwritedowns.com/?p=6132#comment-9877 [...] debt exposure (see my post "Reverse carry trade borrowing is deadly" from October).  A reader from Poland said it well:Situation in Poland: 2008.07 – 1CHF = 2.0PLN – you can go to ANY bank and [...] [...] debt exposure (see my post "Reverse carry trade borrowing is deadly" from October).  A reader from Poland said it well:Situation in Poland: 2008.07 – 1CHF = 2.0PLN – you can go to ANY bank and [...]

]]> By: davidwyounghttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-8940 davidwyoung Thu, 07 Jan 2010 03:31:59 +0000 http://www.creditwritedowns.com/?p=6132#comment-8940 Dear George, <br>I know it is very convenient to be a Pacifist country and let the rest of the world do the fighting for you when the Hitlers and Stalins roam, but the comment about the USA burning children in Vietnam is highly insulting to all the American and Allied troops that were literally burned alive by German artillery and tank fire in order to free the Swiss from the boot of Hilter at the end of WWII. It is so easy for the Liberals of the world to criticize those who have stood up for the freedoms of others, many thousands of miles from home, while they sit comfortably on their fat derrieres and postulate what is wrong with the world. Easy to be a critic. Much harder to be a doer. Stay safe in your mountain retreat, us "children-burners" won't lift a finger to bail you out when Russia comes a-calling and they will come a-calling. Dear George,
I know it is very convenient to be a Pacifist country and let the rest of the world do the fighting for you when the Hitlers and Stalins roam, but the comment about the USA burning children in Vietnam is highly insulting to all the American and Allied troops that were literally burned alive by German artillery and tank fire in order to free the Swiss from the boot of Hilter at the end of WWII. It is so easy for the Liberals of the world to criticize those who have stood up for the freedoms of others, many thousands of miles from home, while they sit comfortably on their fat derrieres and postulate what is wrong with the world. Easy to be a critic. Much harder to be a doer. Stay safe in your mountain retreat, us “children-burners” won't lift a finger to bail you out when Russia comes a-calling and they will come a-calling.

]]> By: ihategovernmenthttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-8737 ihategovernment Tue, 29 Dec 2009 02:51:23 +0000 http://www.creditwritedowns.com/?p=6132#comment-8737 OMG what a crap!<br>I could tell you just the same.. that britain deserves its trillion in new debt because of its imperialistic policies around the world.. or even America's wars and funding of Al Qaeda against russia... to blame switzerland for its role in WW2 is just ridiculous.. I would rather be thankful for its attitude of respect for citizen's privacy (banking secrecy) rather than beeing proud of other governments' hostile and doubtful policies towards its own citizen. And if you just don't agree to swiss policy of restrict information why don't you ask Senator Levin why there still are tax havens in the US (Nevada and Delaware) and in the UK (too many to be listed)... OMG what a crap!
I could tell you just the same.. that britain deserves its trillion in new debt because of its imperialistic policies around the world.. or even America's wars and funding of Al Qaeda against russia… to blame switzerland for its role in WW2 is just ridiculous.. I would rather be thankful for its attitude of respect for citizen's privacy (banking secrecy) rather than beeing proud of other governments' hostile and doubtful policies towards its own citizen. And if you just don't agree to swiss policy of restrict information why don't you ask Senator Levin why there still are tax havens in the US (Nevada and Delaware) and in the UK (too many to be listed)…

]]> By: TheTraderBlog.com » Tuesday Linkshttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4086 TheTraderBlog.com » Tuesday Links Tue, 24 Feb 2009 14:57:16 +0000 http://www.creditwritedowns.com/?p=6132#comment-4086 [...] Switzerland threatened with bankruptcy -In an interview with Swiss daily Tagesanzeiger, a well-known economist has warned that Switzerland risks bankruptcy, if the recent market turmoil centering on Eastern Europe is not contained quickly.  At issue are loans made in Swiss francs to Eastern European debtors.  With  many countries in the region falling into depression, currencies and asset prices are plunging. Therefore, debtors domiciled in Eastern Europe are increasingly expected to have difficulty with mounting foreign debt loads — and that spells trouble for Switzerland. [...] [...] Switzerland threatened with bankruptcy -In an interview with Swiss daily Tagesanzeiger, a well-known economist has warned that Switzerland risks bankruptcy, if the recent market turmoil centering on Eastern Europe is not contained quickly.  At issue are loans made in Swiss francs to Eastern European debtors.  With  many countries in the region falling into depression, currencies and asset prices are plunging. Therefore, debtors domiciled in Eastern Europe are increasingly expected to have difficulty with mounting foreign debt loads — and that spells trouble for Switzerland. [...]

]]> By: EARLY WARNING WIRE - U.S. Interest Rate And Economic Intelligence Bloghttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4030 EARLY WARNING WIRE - U.S. Interest Rate And Economic Intelligence Blog Sat, 21 Feb 2009 00:45:22 +0000 http://www.creditwritedowns.com/?p=6132#comment-4030 [...] a relative basis our trading partners are closer to going down the drain. The once safe country of Switzerland is very close to bankruptcy because the money (francs) it lent to other European countries has [...] [...] a relative basis our trading partners are closer to going down the drain. The once safe country of Switzerland is very close to bankruptcy because the money (francs) it lent to other European countries has [...]

]]> By: kkkhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4028 kkk Fri, 20 Feb 2009 20:07:10 +0000 http://www.creditwritedowns.com/?p=6132#comment-4028 @Chriswho do you think bought these bonds ? do you think a lot of, say, Germans converted Euros to CHFs just to buy bonds yielding 1% ?i guess gross of these bonds were bought by Swiss banks and pension funds @Chris

who do you think bought these bonds ? do you think a lot of, say, Germans converted Euros to CHFs just to buy bonds yielding 1% ?

i guess gross of these bonds were bought by Swiss banks and pension funds

]]> By: Palaiologouhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4026 Palaiologou Fri, 20 Feb 2009 18:25:23 +0000 http://www.creditwritedowns.com/?p=6132#comment-4026 I see the things different than Bert. a) I don't think it is an evidence of competence to be a well-known economic author. The opposite is true, main stream economic authors did not at all forecast the crisis and its dimensions. Therefore it is much more an evidence of either stupidity or what is much worse, betrayal, as many of the well-known economic authors are agents of the Anglo-American-Jewish conglomerate. How can it be a good thing to be a main stream well known economic author, when the vast majority of the media is owned by the same and the same people. This shows only devotion to these people, what I would not consider to be a good thing. b) Again, the Neue Zürcher Zeitung, did not at all forecast what we whitness today. Rather, it is completely controlled by freemasonry. Tagesanzeiger is in this comparison considerably better, as it allows also critical voices. Again, Neue Zürcher Zeitung and all of this 'sophisticated' media, all have the same position like Gordon Brown regarding Gold who sold 400 tons of gold at 270$ telling the public this is a good thing. Now we have 1000$ gold, and media is continuing to tell us we should continue to trust the dollar, swiss franc, euro. So I would recommend to start to read non-well-known economic writers. Try Bill Murphy from LeMetropoleCafe. I see the things different than Bert.
a) I don’t think it is an evidence of competence to be a well-known economic author. The opposite is true, main stream economic authors did not at all forecast the crisis and its dimensions. Therefore it is much more an evidence of either stupidity or what is much worse, betrayal, as many of the well-known economic authors are agents of the Anglo-American-Jewish conglomerate.
How can it be a good thing to be a main stream well known economic author, when the vast majority of the media is owned by the same and the same people. This shows only devotion to these people, what I would not consider to be a good thing.
b) Again, the Neue Zürcher Zeitung, did not at all forecast what we whitness today. Rather, it is completely controlled by freemasonry. Tagesanzeiger is in this comparison considerably better, as it allows also critical voices. Again, Neue Zürcher Zeitung and all of this ’sophisticated’ media, all have the same position like Gordon Brown regarding Gold who sold 400 tons of gold at 270$ telling the public this is a good thing. Now we have 1000$ gold, and media is continuing to tell us we should continue to trust the dollar, swiss franc, euro.
So I would recommend to start to read non-well-known economic writers. Try Bill Murphy from LeMetropoleCafe.

]]> By: George Lipshttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4021 George Lips Fri, 20 Feb 2009 13:06:59 +0000 http://www.creditwritedowns.com/?p=6132#comment-4021 Maybe you mix up things. The exposure of Switzerland is 60 B in comparison do 400 B of other European countries, like Austria, Spain, England, Italy, Germany. To Steve: The Swiss did not burn children like the USA in Vietnam and the Israeli now in Gaza. The Swiss have saved twohundred thousand including 30'000 Jews, who never said thanks. On the contrary the Jews have recveived Billions from Swiss Banks, about 20 times the amount in the forgotten accounts. I am a banker who treated jewish customers after the war. These accounts were of no importance to the banks.They just added interest to accounts, every year and wated for someone to claim the money.l Today we live through the same aggressiveness from the Americans. Take your money back, we really do not need it, provided you can depostit it in a safe account in your country. Switzerland is now a world leader not only in luxury watches, also in Drug, Food, machinery, surveillance etc.. We really do not need bad money. Maybe you mix up things. The exposure of Switzerland is
60 B in comparison do 400 B of other European countries, like Austria, Spain, England, Italy, Germany.
To Steve: The Swiss did not burn children like the USA
in Vietnam and the Israeli now in Gaza. The Swiss have saved twohundred thousand including 30′000 Jews, who never said thanks. On the contrary the Jews have recveived Billions from Swiss Banks, about 20 times the amount in the forgotten accounts. I am a banker who treated jewish customers after the war. These accounts were of no importance to the banks.They just added interest to accounts, every year and wated for someone to claim the money.l
Today we live through the same aggressiveness from the Americans. Take your money back, we really do not need it, provided you can depostit it in a safe account in your country. Switzerland is now a world leader not only in luxury watches, also in Drug, Food, machinery, surveillance etc.. We really do not need bad money.

]]> By: What Guru’s are Saying : Readings 02/20/09http://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4020 What Guru’s are Saying : Readings 02/20/09 Fri, 20 Feb 2009 13:03:13 +0000 http://www.creditwritedowns.com/?p=6132#comment-4020 [...] Switzerland threatened with bankruptcy(Credit Writedowns) [...] [...] Switzerland threatened with bankruptcy(Credit Writedowns) [...]

]]> By: Readings 02/20/09 | Venture Capital Bloggers Networkhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4017 Readings 02/20/09 | Venture Capital Bloggers Network Fri, 20 Feb 2009 10:53:00 +0000 http://www.creditwritedowns.com/?p=6132#comment-4017 [...] Switzerland threatened with bankruptcy(Credit Writedowns) [...] [...] Switzerland threatened with bankruptcy(Credit Writedowns) [...]

]]> By: Stevie b.http://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4009 Stevie b. Fri, 20 Feb 2009 06:34:57 +0000 http://www.creditwritedowns.com/?p=6132#comment-4009 C'mmon Chris. I suppose the Swiss are doing the poor of the world a favour with their banking secrecy laws? I hear the U.S. want 50,000 more names and the Swiss have given their usual, "neutral" two-fingered response. Making money from the misery of the poor is clearly as addictive as class A drugs. C’mmon Chris. I suppose the Swiss are doing the poor of the world a favour with their banking secrecy laws? I hear the U.S. want 50,000 more names and the Swiss have given their usual, “neutral” two-fingered response. Making money from the misery of the poor is clearly as addictive as class A drugs.

]]> By: Chrishttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4004 Chris Fri, 20 Feb 2009 00:04:49 +0000 http://www.creditwritedowns.com/?p=6132#comment-4004 The article was later dismissed by the Swiss National Bank. One omission is essential: most of the loans in CHF were originated by Eastern European banks which financed themselves by emitting CHF bonds. A few serious Swiss economists are afraid that the CHF will even strengthen as a result of this...@Stevie: your knowledge about Switzerland must be coming from FOX News, is it? The article was later dismissed by the Swiss National Bank. One omission is essential: most of the loans in CHF were originated by Eastern European banks which financed themselves by emitting CHF bonds.
A few serious Swiss economists are afraid that the CHF will even strengthen as a result of this…

@Stevie: your knowledge about Switzerland must be coming from FOX News, is it?

]]> By: Can You Still Trust Swiss Banks? | Protect Wealth, Wealth Creation, International Living | Q EXPERTS' BLOGhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-4000 Can You Still Trust Swiss Banks? | Protect Wealth, Wealth Creation, International Living | Q EXPERTS' BLOG Thu, 19 Feb 2009 18:01:28 +0000 http://www.creditwritedowns.com/?p=6132#comment-4000 [...] With many countries in the region falling into depression, currencies and asset prices are plunging. Therefore, debtors domiciled in Eastern Europe are increasingly expected to have difficulty with mounting foreign debt loads — and that spells trouble for Switzerland…. There’s a translation of the original article here. [...] [...] With many countries in the region falling into depression, currencies and asset prices are plunging. Therefore, debtors domiciled in Eastern Europe are increasingly expected to have difficulty with mounting foreign debt loads — and that spells trouble for Switzerland…. There’s a translation of the original article here. [...]

]]> By: Stevie b.http://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3998 Stevie b. Thu, 19 Feb 2009 14:24:01 +0000 http://www.creditwritedowns.com/?p=6132#comment-3998 @MatsI'm certainly not going to go into Swiss history here.Suffice to say that your reply made no mention of my other accusation that the poor of the world have suffered because of the smug, self-enriching Swiss attitude to secret bank accounts and their rwo-fingered response to legitimate foreign tax-authorities. Hopefully the recent UBS $ 3/4 billion fine and having to open their books to the US authorities will be just the start of a global revolt against Swiss banks. Not before time. @Mats

I’m certainly not going to go into Swiss history here.

Suffice to say that your reply made no mention of my other accusation that the poor of the world have suffered because of the smug, self-enriching Swiss attitude to secret bank accounts and their rwo-fingered response to legitimate foreign tax-authorities. Hopefully the recent UBS $ 3/4 billion fine and having to open their books to the US authorities will be just the start of a global revolt against Swiss banks. Not before time.

]]> By: kfaczhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3995 kfacz Thu, 19 Feb 2009 11:43:48 +0000 http://www.creditwritedowns.com/?p=6132#comment-3995 Situation in Poland: 2008.07 - 1CHF = 2.0PLN - you can go to ANY bank and take a loan for 120% value of you new flat/apartament. i live in Warsaw, lot of my friends took that loan. unemployment rate - 10% but in warsaw was close to 0% especially if you have a master degree and skills to work in office such as advertising agency or as finanial advisor or similar type of job. Now - you cannot take a loan or rent a money from bank. one square meter is down close to 25% from 2008.07. franc is up - 1CHF = 3.3PLN within my friends unemployment rate is close to 20%. banks are full of CHF loans, even if you sell the apartament you have close to half of the money you borrowed. did i mentioned that the loans weve given in rates even for 50 years? Situation in Poland:
2008.07 – 1CHF = 2.0PLN – you can go to ANY bank and take a loan for 120% value of you new flat/apartament. i live in Warsaw, lot of my friends took that loan. unemployment rate – 10% but in warsaw was close to 0% especially if you have a master degree and skills to work in office such as advertising agency or as finanial advisor or similar type of job.
Now – you cannot take a loan or rent a money from bank. one square meter is down close to 25% from 2008.07. franc is up – 1CHF = 3.3PLN within my friends unemployment rate is close to 20%. banks are full of CHF loans, even if you sell the apartament you have close to half of the money you borrowed. did i mentioned that the loans weve given in rates even for 50 years?

]]> By: Matshttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3994 Mats Thu, 19 Feb 2009 08:17:09 +0000 http://www.creditwritedowns.com/?p=6132#comment-3994 @ Stevie bIf you know nothing about history than the junk you read in the "news"papers, you rather shut up. The Swiss have thouroughly reflected on their role in WWII several times over. In the 90s, when the silly campaign of Senator d'Amato against Switzerland was what formed your pitty brain, the Swiss taxpayers have financed a complete review of *all* Swiss banks to the tune of 1 billion Swiss francs only to find 76 million CHF on accounts from WWII, two thirds of which where non-jewish in origin. It's the British, the French and many others who are in denial about their dark sides, certainly not the Swiss, pitty you! @ Stevie b

If you know nothing about history than the junk you read in the “news”papers, you rather shut up. The Swiss have thouroughly reflected on their role in WWII several times over. In the 90s, when the silly campaign of Senator d’Amato against Switzerland was what formed your pitty brain, the Swiss taxpayers have financed a complete review of *all* Swiss banks to the tune of 1 billion Swiss francs only to find 76 million CHF on accounts from WWII, two thirds of which where non-jewish in origin. It’s the British, the French and many others who are in denial about their dark sides, certainly not the Swiss, pitty you!

]]> By: Michaelhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3993 Michael Thu, 19 Feb 2009 07:11:15 +0000 http://www.creditwritedowns.com/?p=6132#comment-3993 @gregorylent"globalization won’t stop … nature is globalized" to the contrary, nature creates isolated and diversified worlds. Globalization is the highly unnatural and unstable result of a human mind's sickness. @gregorylent

“globalization won’t stop … nature is globalized” to the contrary, nature creates isolated and diversified worlds. Globalization is the highly unnatural and unstable result of a human mind’s sickness.

]]> By: Goldbughttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3990 Goldbug Thu, 19 Feb 2009 04:10:47 +0000 http://www.creditwritedowns.com/?p=6132#comment-3990 From what has been published so far regarding loans made to Eastern European countries at risk, it looks Austria > Germany > Italy are going to suffer the most. Switzerland's loans are not big in comparison. So, I doubt the article is true. Tagesanzeiger is a newspaper that loves to bash banks and wants to provoke to attract readers. Switzerland going belly-up would not be good news for other countries as it is one of the major money centers. So, won't happen. From what has been published so far regarding loans made to Eastern European countries at risk, it looks Austria > Germany > Italy are going to suffer the most. Switzerland’s loans are not big in comparison. So, I doubt the article is true. Tagesanzeiger is a newspaper that loves to bash banks and wants to provoke to attract readers. Switzerland going belly-up would not be good news for other countries as it is one of the major money centers. So, won’t happen.

]]> By: gregorylenthttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3989 gregorylent Thu, 19 Feb 2009 03:13:41 +0000 http://www.creditwritedowns.com/?p=6132#comment-3989 globalization won't stop ... nature is globalized, we are part of nature, just have to figure out how to do it right. enjoy, gregory lent globalization won’t stop … nature is globalized, we are part of nature, just have to figure out how to do it right. enjoy, gregory lent

]]> By: Switzerland threatened with bankruptcy? » Futures Trading Blog - Shadowtraders.comhttp://www.creditwritedowns.com/2009/02/switzerland-threatened-with-bankruptcy.html#comment-3987 Switzerland threatened with bankruptcy? » Futures Trading Blog - Shadowtraders.com Wed, 18 Feb 2009 18:35:07 +0000 http://www.creditwritedowns.com/?p=6132#comment-3987 [...] This comes from the Credit Writedowns blog. Tagesanzeiger newspaper interviewing economist Arthur P. Schmidt. Below is a translation from Swiss. [...] [...] This comes from the Credit Writedowns blog. Tagesanzeiger newspaper interviewing economist Arthur P. Schmidt. Below is a translation from Swiss. [...]

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