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I know about Basel and its pharma industry that is still top-notch, but as for banking they seem to go down rather quickly even if the effect is not going to be
by bitL 7y ago
I know about Basel and its pharma industry that is still top-notch, but as for banking they seem to go down rather quickly even if the effect is not going to be felt for the next decade outside negative interest rates. As for watches, I am not sure that is very relevant since smartphones, outside quickly converting expensive watches into cash while on the run from authorities...
- zepearl 7y ago> ...as for banking they seem to go down rather quickly... I do think that Switzerland might have a problem with banks soon or later, but currently I don't see such situation clearly developing (rather more in Germany with Commerzbank & Deutsche Bank?).