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They are panicking now after the dutch elections. It's a political earthquake. Watch how they are gaslighting the markets over their interest rate policy: we stay high for longer (meanwhile buying gov bonds all over the place). And then there is this cootdinated media attack on UBS. Same playbook we saw with CS earlier this year. Swiss banks belong to tje Fed system geopolitically. This won't end well
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You're right. Especially Italy has a problem
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