BREAKING: The first major central bank, the Swiss central bank, surprisingly cuts interest rates.
When one of the strongest currencies with one of the lowest inflation rates cuts interest rates, you know the shit is about to hit the fan BIG time.
Discussion
SNB frontruns the other central banks.
The race to zero, then the race to print.
The Money Games begin. Fasten your seatbelts.
lost here is the frank has more concentration risk within its banking system than the US. the credit suisse rescue placed a csrtoonish amount of the countries reserve in UBS.
therefore if the US needs to cut rates to save her banks, switzerland even more so.
as they say:
are you thousands in debt? thats your problem
millions in debt? your the banks problem
billions in debt? your the countries problem
trillions in debt? your the worlds problem
tick tock tick tock ... 👀 👇
buy #bitcoin !
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