Interesting, because this sounds like wild speculation - yet you've stated it as if it is a cold hard fact. Do you have any sources or statistics to back this u

Interesting, because this sounds like wild speculation - yet you've stated it as if it is a cold hard fact. Do you have any sources or statistics to back this up? In 2018 the Swiss financial sector accounted for 9.1% of GDP. For comparison, in 2018 the US financial sector accounted for 7.4% of US GDP. To claim that it is _entirely_ banking is just plain wrong. To insinuate that there is no innovation elsewhere, (but there sure is in good ol' America), is just insulting. >Financial markets in the United States ... In 2018, finance and insurance represented 7.4 percent (or $1.5 trillion) of U.S. gross domestic product[0] >Switzerland’s financial sector ... as a share of gross domestic product (GDP). In 2018, it represented 9.1%[1] [0]: https://www.selectusa.gov/financial-services-industry-united-states https://www.selectusa.gov/financial-services-industry-united... [1]: https://www.swissinfo.ch/eng/gdp_switzerland-s-financial-sector-losing-importance/44865968 https://www.swissinfo.ch/eng/gdp_switzerland-s-financial-sec...