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As I understand it, on that world freedom index thing, Switzerland consistently ranks number one. Their banking system may be so renowned because it’s good rather than regulated.
It was good because of strong Swiss privacy laws, until the US and then EU forced them into data sharing agreements after 2008.
…which is ironic on so many levels.
As I understand it, on that world freedom index thing, Switzerland consistently ranks number one. Their banking system may be so renowned because it’s good rather than regulated.