Re:Credit Suisse sheds nearly 25%, key backer says no more m...
by omgomgomgomg on Saturday March 18, 2023 @02:34PM
(#35211807)
These companies are about as swiss as an albanian goat herder is chinese.
They are incorporated there because of tax rates and such.
"The world" is a hard over-statement. Europe excluding Belarus and Russia itself, but including Switzerland introduced real sanctions Russia, as well as the US, Canada, Australia, NZ, Japan and ROC, while BRICS, close to half the global population, can be considered actively cooperating with Russia.
> Small country, suddenly rich with no worthwhile exports, all the big corps incorporated there because they feel the rule of law is given and functional and the money safe and the institutions work.
Swiss manufacturing is very highly regarded globally, and some of the largest chemical, pharmaceutical and food/drink companies in the world are Swiss. "Greed and cleverness" is a weird way to phrase "hard work and intelligence".