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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pogohere who wrote (45465)	1/19/2009 12:24:52 AM
From: elmatador	Respond to of 217735

Switzerland doing an Iceland? The "Northern thing". Iceland, Ireland, Hungary, Ukraine, Switzerland is in the same northern arch. What the country has got? In he case of Iceland they had some fishing boats. Switzerland, let's see: cows subsidized at tune of USD1K per leg. Nestle whose market is 98% outside Switzerland, some high tech companies and the mountains for tourism. Minnow country rode the coat tails of Europe now is in trouble... "in the case of Switzerland - along with the ECB - came the American central bank, the Fed, to support the solvency of the franc with foreign swap agreements. Who on earth wants the Swiss banks to fail? In short, nothing has been settled in the credit crunch crisis and the entire world continues to support those who created the problems in the first place." UNQUOTE Not only supporting the ones who created the problem, but disturbing the ones who have nothing to do with the problem...