Re:RISC-V Foundation moving to Switzerland over trade curb f...
by lotsofpulp on Tuesday November 26, 2019 @11:56AM
(#21640078)
Rich doesn't mean anything if the currency is worthless. Switzerland has value in a consistent, trustable system and educated population. But without a larger military standing behind it, such as other European countries or the US, it's not going to be able to defend against a larger aggressor.
That's why an extremely indebted USA is still very valuable. Because they can park a few aircraft carriers off the coast of whomever they desire (although this may be changing, namely due to China).
That's why an extremely indebted USA is still very valuable. Because they can park a few aircraft carriers off the coast of whomever they desire (although this may be changing, namely due to China).