News for hackers. Stuff that matters.

A comment on The Happy, Healthy Capitalists of Switzerland. Parent comment

Re:The Happy, Healthy Capitalists of Switzerland by Annatar on Monday November 04, 2019 @01:16PM (#21444544)
...And of those that are, they're under constant pressure to be profitable (as they should be). Need I remind how the latest round of aggressive, systemic, years long cost cutting at SBB left the infrastructure in need of revision and killed a conductor, while the federal government just booked 2.2 billion CHF ($2.23 billion USD) net profit?

And the Swiss national bank, sitting on nearly 900 billion CHF in foreign currency, desperately trying to keep the value of the Swiss franc from skyrocketing into stratosphere?

[ Parent | on HN ]
Re:The Happy, Healthy Capitalists of Switzerland by drcursor on Monday November 04, 2019 @01:22PM (#21444619)
I'm not denying anything you just said, I would even add to your list the private health insurance companies with their ever increasing costs, that, for most of the population only serve as a men in the middle for the base (mostly state provided) health care system. I just think its not fair to describe Switzerland as a liberal-capitalist heaven when it clearly is a protected economy with a lot of control from what would normally be defined as the 'state'.
[ Parent | on HN ]