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Not an expert, but the scary thing here are all the secondary and tertiary side effects of having a huge financial institution fail. For example lowered confide
by TrainedMonkey 4y ago
Not an expert, but the scary thing here are all the secondary and tertiary side effects of having a huge financial institution fail. For example lowered confidence in the banking system and Swiss are known for their banking.
- ornornor 4y agoWhich isn’t great, not for individuals and dictators. Because of the EU, more info is shared. And they’re also very dated. Wire transfers are next day only (minutes to hours in the EU), Apple Pay only arrived a couple years ago… There is much better banking in all fronts to be had elsewhere. But nationals are forced to use national banks.