42 sats \ 3 replies \ @Satosora 23 Apr \ on: SNB Implements Measures to Strengthen Swiss Franc Amid Currency Volatility econ
Swiss francs in general are stable. They always have been because they have been a neutral country, right? Hence why all the nazis put their gold in banks there.
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0 sats \ 2 replies \ @TomK OP 23 Apr
but someone must have put massive pressure on the Swiss, because they have just started to freeze billions in value of Russian assets. people are losing their neutrality status
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42 sats \ 1 reply \ @Satosora 23 Apr
They have to do something or else they look incompetent. Plus what they seize they can auction off, right?
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0 sats \ 0 replies \ @TomK OP 23 Apr
I don't know whether they will go that far.
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