jcismylord
28th August 2017, 06:35 PM
There is a bubble everywhere you look - the bubble in stocks, bonds, real estate, currencies
But the worst of the worst bubbles, the worst of them all, IMHO is the bubble in Swiss Franc
yes, decades ago the country was well-run, it was independent and not pegged
those times are long long over !
today the country is run by some of the most stupid, most idiotic liberals one can find, the ones who poured billions into NASDAQ stocks to neutralize their currency demand
which mean that those who own swiss francs - they own nothing but a proxy for a bunch of overblown stocks. the stocks back up that sad excuse of a currency
yet, still, I am hearing people talking about swiss franc this and that, how annoying!
there is a huge disconnect between the old and tradition-based perceived safety of the frank and the hard reality
there will come a day, when there will be a huge kaboom for the old swiss franc
so, here you go - out of all bubbles, the biggest one is in Swiss Franc
... comments ?
But the worst of the worst bubbles, the worst of them all, IMHO is the bubble in Swiss Franc
yes, decades ago the country was well-run, it was independent and not pegged
those times are long long over !
today the country is run by some of the most stupid, most idiotic liberals one can find, the ones who poured billions into NASDAQ stocks to neutralize their currency demand
which mean that those who own swiss francs - they own nothing but a proxy for a bunch of overblown stocks. the stocks back up that sad excuse of a currency
yet, still, I am hearing people talking about swiss franc this and that, how annoying!
there is a huge disconnect between the old and tradition-based perceived safety of the frank and the hard reality
there will come a day, when there will be a huge kaboom for the old swiss franc
so, here you go - out of all bubbles, the biggest one is in Swiss Franc
... comments ?