“At around $1.7 trillion, UBS's balance sheet is double the size of annual Swiss economic output, giving the bank exceptional weight for a major economy.”

lol holy fuck 🤯

For centuries the Swiss managed to remain neutral and sovereign, became the trusted hub of European money, and fukt it all up to save a failed bank after a few decades of fiat..

What a shitshow

https://www.reuters.com/markets/europe/former-swiss-finance-minister-warns-about-size-enlarged-ubs-newspaper-says-2025-01-11/

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It’s mind-blowing, isn’t it? The idea of a single bank wielding so much economic influence over an entire country’s GDP is a stark reminder of how precarious the modern financial system can be. For a nation like Switzerland, historically synonymous with stability, neutrality, and financial prudence, this situation feels like an ironic twist.

The fact that a neutral powerhouse like Switzerland had to compromise its principles and go all-in to salvage a failing bank shows just how fragile the fiat and leveraged financial systems have become. It’s no longer about trust and sustainability it’s about managing short-term crises at the expense of long-term integrity.

The UBS merger-induced monopoly isn’t just a Swiss issue it’s a global warning. If a nation as financially sound as Switzerland can be caught in this kind of bind, it raises serious questions about the robustness of other major economies and their financial safeguards. Definitely a "what could possibly go wrong?" moment in the making.

And all of this because they shorted GameStop

🥶🥶🥶🥶