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To: Aquamarine

I’m confused.

switzerland will not tollerate an exchange rate below 1.2 francs per euro so they announce a plan to buy unlimited amounts of foreign currency and this sends the franc tumbling?

None of this makes any sense to me.


5 posted on 09/06/2011 11:51:54 AM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: mamelukesabre
The Swiss are more dependent on export markets than any other country, with the possible exception of Singapore.

They love getting paid on time (or early) more than any place which I've ever dealt with. Any criticisms leveled about the Japanese for being export driven or merchantalistic apply at least double to the Swiss.

6 posted on 09/06/2011 12:09:51 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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