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Meanwhile, in Switzerland, businesses are suffering because the Swiss Franc is too strong. There are always two sides to a rising or falling currency. In the c
by misja111 10y ago
Meanwhile, in Switzerland, businesses are suffering because the Swiss Franc is too strong.
There are always two sides to a rising or falling currency. In the case of the weak Pound, it is good for exporting British companies and for tourism.
- paganel 10y agoI've been on a 10-day vacation this summer in Switzerland and while I was there I was always asking myself how do the Swiss export-oriented companies manage to stay afloat.
- detaro 10y agoExporting goods where price is less important once you have people convinced that they want your product: luxury goods, weapons, specialized high-tech devices, medicine (bunch pharma companies are swiss, I don't know how much they produce locally)
- oblio 10y agoI don't want to be too mean, but what exactly is Britain exporting? I imagine they're exporting services, especially financial ones. But what else? I honestly don't know.