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The US has declared economic war on Switzerland. The US is VERY vulnerable given its debt load and the role of the US Dollar. If the US persists in this war on Switzerland, the Swiss Government should announce that all Swiss financial institutions will be prohibited from purchasing ANY US dollar denominated securities, and current portfolios will be "liquidation only" for US dollar assets. Also the SNB will no longer hold any US dollar holdings and be selling it all. This will mark the end of the US Dollar as the global reserve currency and the end of this constant bullying by the most hypocritical regime in the modern era.
by Meppin on 2012-09-13 07:36:22
by Meppin on 2012-09-13 07:36:22
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