You care so much about Russia like wtfJust my view.
Switzerland the moment it decided to introduce sanctions against Russia tied itself firmly to Germany’s downfall
Switzerland total wealth - 4,829 (USD bn)
Russia total wealth - 4,386 (USD bn)
You care so much about Russia like wtfJust my view.
Switzerland the moment it decided to introduce sanctions against Russia tied itself firmly to Germany’s downfall
Its a interesting comment, now look at where the wealth is made and from what.You care so much about Russia like wtf
Switzerland total wealth - 4,829 (USD bn)
Russia total wealth - 4,386 (USD bn)
List of countries by total wealth
You mean like when India pays for Russian oil in rupees and Russia then has to reinvest it in India? Superpower lolIts a interesting comment, now look at where the wealth is made and from what.
It was Russian's paying 30,000 CHF a square meter in Grindelwald etc...
i.e it was Russian money flooding in, currently it's Koreans (trips) but not property and all the adjacent industries.
Now look at Swiss with a declining economic outlook due to demographics for Europe, the collapse of Germany, the cost appreciation of energy and then consider the impact on industrial output and GDP%'s.
I'd hazard over a 10yr timespan... something like that would ocur.View attachment 6790
Then ofcourse compare that to Russia, even with sanctions applied by western states their exports will drive upwards and the prices will inflate due to sanctions increasing price due to friction.
Russia Exports By Category
You can't take on a commodity superpower economically and think you will win.
You mean like when India pays for Russian oil in rupees and Russia then has to reinvest it in India? Superpower lol
Delhi pays for Russian oil in rupees, which Moscow reinvests in India
This is all irrelevant - their reserves are vast and the global trade system is changing - India is also a up in coming boom country due to it being in its peak productivity era.You mean like when India pays for Russian oil in rupees and Russia then has to reinvest it in India? Superpower lol
Delhi pays for Russian oil in rupees, which Moscow reinvests in India
Don't you worry about Switzerland. They will be just fine. At least for your lifetime for sure. Russia at the other hand has very little prospect of the bright future. They will always be an underdog with nuclear weapons. The only thing that keeps them safe from China and alike.This is all irrelevant - their reserves are vast and the global trade system is changing - India is also a up in coming boom country due to it being in its peak productivity era.
Meaning they will become more dominant, likewise India is on no one’s leash - meaning they will demand trade in their own currency and in the future rupee exchange will become much more common and if you look at their state and federal equivalent debt they taking a similar approach as to what the US took initially (capital controls etc) which led to the UK creating the Eurodollar system which created the demand for the dollar as the trade currency.
Not saying the Rupe will be the next reserve currency at all but it will become either a synthetic alternative to the Eurodollar system in some of the trade.
Meanwhile Russia yes sure is getting rugged in a form but they actually need to pull the s**t out of the ground otherwise it becomes inaccessible - which is the problem Europe now has - even if the war ended tomorrow the capacity to resupply cheap energy to Europe is over due to the damage caused by lack of use and the destroyed transport of such - 5-15yrs to bring back online.
Notably similar in Venezuela which the US was floating as an alternative - meaning there is a world wide shortage of supplies to offset - which goes back to the outlook for Europe… and specifically Switzerland
Speak for yourself, buddy!@Marshal didn't you tired of arguing with all these prorussian lovers? They continue repeats for a years about russia greatness, dollar collapse, nato defeat, eu breakdown.
But didn't put at least dollar to invest in russia.
Didn't swaped their west/EU passports as well their comfortable italian-swiss-bahamas tax residences to russia ones.
Didn't exchanged their swiss mansions to similar one in sochi or rublevka.
Didn't replaced their UBS/Barclays/BoA accounts to the sberbank or tinkoff.
Even in crypto they are prefer bitcoin, stable coins, western exchanges. But not russian exchanges, not russian crypto coins.
It's a actual and only one real reason what they feel about greatness of russia