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Much money goes around in Switzerland. Let's wait and see what happens now that the bank secret is no more.
by pif 10y ago
Much money goes around in Switzerland. Let's wait and see what happens now that the bank secret is no more.
- holydude 10y agoSwitzerland is the biggest representative of Western Europe hypocrisy. Their society claims how developed and humane they are but at the end of the day almost all of their wealth comes from money laundering, tax evasion and exploiting weaker economies with their corporations. USA is at least honest about all of it :-)
- sparkling 10y agoThe bank secret has defacto been dead for a few years now. There seems to be little impact on the economy or quality of living.
- vidoc 10y agoSwitzerland isn't just a Banking paradise, it's a widely spread misconception that the economic miracle of this country is only related to its bank and tax code. Very obvious by just looking at its balance of trade. Besides, the Swiss secret has been kinda taken care of by the IRS a few years ago. One thing tho, is that while wages are extremely high there, the cost of living is extreme too!
- pjmlp 10y agoMost of the article's way of life/work balance is common across European countries. Even those that are much worse than Switzerland, still treat their workers better than in US.
- tobltobs 10y agoFollowing you logic Delaware should have the best social system of the world.