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Switzerland’s Record Loss: How De-Dollarization and Global Economic Shifts are Impacting the Alpine Nation

Switzerland’s Record Loss: How De-Dollarization and Global Economic Shifts are Impacting the Alpine Nation

Jan 26, 2023 | Economic Collapse

The Swiss National Bank (SNB) has announced that it will suffer a record loss of 132 billion Swiss francs (CHF) in 2022, equivalent to $143 billion. This represents the biggest loss in the 115-year history of the bank. The loss is a result of the SNB’s efforts...

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Critical Report • Free Download

The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians

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