Swiss Franc?s Teeth Bite Switzerland?s Banks, Businesses

[lovethatass99]

http://blogs.wsj.com/source/2011/07/26/swiss-francs-teeth-bite-switzerlanRAB-banks-businesses/

 

[kingcrab2879]

That's why I'm spending all my francs in the US in August

 

[BobbyD]

Which will only hurt the country you're living in.

 

[blue-eyed brunette]

Support local businesses bro.

 

[mgimo]

Which local businesses? Everything is imported

 

[sherita]

Yes but local retailers are local.

 

[lov.ely]

Why would I buy a laptop local if it costs 25% more?

I will be out of this shit hole soon. I don't care if it goes downhill

 

[s0n1ab1ad3]

shithole? wtf

 

[Maryanne L]

Damn...well there goes my plan to buy another swiss watch. Shit just got more expensive.

 

[Gooofer]

Bite into Swiss banks and business? Boo fucking hoo


Why don't they mention the substantial increase in purchasing power for all holders of Swiss currency?

 

[i love everybody!]

In their case increase in purchasing power is hurting them.

 

[!*L!k3*M3N]

That's like saying giving you an extra $10k in your bank account is hurting you

 

[jess jealousy♥]

I mean... depenRAB how it got there... aren't you a ron paul guy?

 

[PixieDust]

The only thing switzerland has over the UK is a good salary

 

[Shatter O]

What city do you work in?

 

[azlan z]

Most companies do their business in dollars so converting their profits in CHF is fucking them.

 

[toure]

I agree w/ you bro.

 

[Ali F0 $ho :]]

Most Swiss people have CHF in their bank accounts, so if the CHF increases in value, they substantially benefit

 

[crraazzyy]

None of the big ones anyway and from what I hear that's a good thing. If the salaries in Switzerland weren't as good as they are (and that's only because of the strong franc really) then hardly any people would expatriate here.

Everyone goes on about the clean air and beautiful scenery. I lived in rural Scotland...it had all of that and a Tesco's where I can get all my groceries and good Indian take aways which don't cost the earth to go too.

 

[vaultipod]

But like I said...the great salaries make it VERY hard for me to consider leaving after my PhD