One reader at RT commented:
“Swiss is quickly becoming an oasis in the vast desertification of eurozone.”
… but only an oasis for the rich and powerful, …
… at least that is what reports that are coming in on my end tell me.
I’ve also been told that you cannot go there anymore, because it simply has become far to expensive.
Will Switzerland be (again) a refuge for elite when the financial collapse (and WW3) will take place?
- Switzerland cuts growth forecast, blames slowing Europe & geopolitical crisis (RT, Oct 16, 2014):
Even the Swiss economy isn’t immune to the “fragile and vulnerable eurozone” and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.
The Swiss government has cut back its GDP expectation to 1.8 percent from 2.0 percent growth in 2014, the second revision this year, the State Secretariat for Economics (SECO) said in a statement Thursday. Continue reading »
Tags: Economy, EU, Europe, Germany, Global News, Switzerland