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How Switzerland Remains the Only Fortress of Calm in 2024 and Why the Rest of the World Expects Financial Collapse
Financial analysts are anxiously forecasting the 2024 market. Civilization is entering another major crisis. Habitual stability slips through your fingers. And only proud Switzerland feels calm and relaxed. By the way, how does she do that? And also what's going on in the world? Learn about financial market news from "Site".
Did you know that neutral Switzerland is better prepared for nuclear war than any other country in the world?
For 8 million inhabitants there are more than 300 thousand bunkers! It will hold 11 million people. Today they are used as cheese makers and laundries. Switzerland has managed to turn its formidable natural heritage into an advantage. It became the most peaceful European country with the most powerful military protection.
Over the past 100 years, this region has managed to avoid all wars. It is located in the center of Europe. It's about the mountains. Half of the country consists of the Alps with a height of about 5 km. There are man-made fortifications in every mountain. This makes Switzerland one big fortress. For the convenience of trade, a network of 1,300 tunnels was laid through the mountains. The longest stretches for 57 km!
The Swiss Citadel of Peace and Peace Mountain fortifications are equipped with cannons. So here you can not only hide, but also shoot. Rock bunkers began to be built at the beginning of World War II, when the Third Reich surrounded Switzerland. If Germany had attacked, it would have received a powerful repulsion from a million Swiss riflemen from impregnable mountains.
These days, these bunkers aren't empty. They have private owners. While the world is relatively quiet, they rent premises for commercial purposes. Companies store their equipment here in case of emergencies and install servers for storing files and mining bitcoins. If anything happens to Apple, the data will remain intact.
Some people are already booking beds in former soldiers' barracks to have a sheltered place. The price tag starts from $3,000 per month.
Why is Switzerland not in crisis? Crazy Swiss prices only bite visitors. The locals are able to provide all their wants. For example, teachers earn more per month than their Russian counterparts in a year – about 8,000 Swiss francs. That's over $9,000! Doctors receive $10,000 to $15,000.
Switzerland is one of the freest countries in the world. The residents feel completely safe. You can easily buy guns here. The Swiss have over 2.5 million pistols, rifles and rifles.
The Swiss are obsessed with planning. They start saving for retirement from their first salary. Their lives are calculated for years to come. There's a plan for any case. For example, in a nuclear attack, the Swiss will descend into basement laundries with thick, impenetrable walls of concrete. Every house on the ground floor has fuel and a generator.
Behind the alpine meadows, ski resorts and general relaxation is a serious base in terms of security. This makes Switzerland invincible.
Market forecast 2024: on the verge of a global crisis Alas, it's not rosy at all. On August 5, 2024, dozens of large companies became poorer by hundreds of billions of dollars. Global stock markets collapsed sharply due to fear of a possible downturn in the US economy. In this regard, investors began to massively sell securities and other assets.
Record falls on August 5 were experienced by the stock markets of Taiwan and South Korea. The latter recorded the worst session in 16 years. For example, the position of Samsung Electronics fell by as much as 10.3%. The Japanese suffered the largest collapse in 37 years. Shares of semiconductor and technology companies in Europe also fell sharply.
It is all the fault of artificial intelligence, explains The Economist. Investors fear that he has unrealistic expectations. That’s why tech giants that use AI have been hit the hardest. Microsoft, Apple, Meta and Nvidia could each lose $300 billion in market value.
Also on Friday, August 2, the United States reported weak labor market performance. Rising unemployment is a direct road to a weakening economy.
Blocking YouTube in Russia On the wave of the global crisis experienced the fall of the video service YouTube in Russia. From mid-July 2024, Russian providers began to inform users about the slowdown of the platform. According to them, the problem was the wear of Google equipment. After the outbreak of a full-scale war, the corporation physically left the Russian market.
According to other sources, slowing down the service is a political decision. Hosting can be blocked by September at the initiative of the presidential administration. Back in March 2022, the service fell out of favor when it began to delete accounts of state media of the Russian Federation.
What does this mean for ordinary Russians? The YouTube analogue is ready. State censorship service "Platform" almost one in one repeats its design and functionality. This is beneficial to the Russian authorities, because they will eliminate a competitor and occupy the entire niche. The market forecast for 2024 is disappointing: such a decision will hit users of YouTube and all Google services.
Blocking hosting threatens to drawdown of the Russian economy. It could lead to the denial of access to many other resources. Services related to maps and the Internet of Things will cease to work. This is comparable to the effect of leaving the market of Mastercard and Visa.
Meanwhile, some analysts attribute the slowdown of YouTube to the offensive of the APU in the Kursk region. The Kremlin does not want this information to be made public through independent media channels.
Did you know that neutral Switzerland is better prepared for nuclear war than any other country in the world?
For 8 million inhabitants there are more than 300 thousand bunkers! It will hold 11 million people. Today they are used as cheese makers and laundries. Switzerland has managed to turn its formidable natural heritage into an advantage. It became the most peaceful European country with the most powerful military protection.
Over the past 100 years, this region has managed to avoid all wars. It is located in the center of Europe. It's about the mountains. Half of the country consists of the Alps with a height of about 5 km. There are man-made fortifications in every mountain. This makes Switzerland one big fortress. For the convenience of trade, a network of 1,300 tunnels was laid through the mountains. The longest stretches for 57 km!
The Swiss Citadel of Peace and Peace Mountain fortifications are equipped with cannons. So here you can not only hide, but also shoot. Rock bunkers began to be built at the beginning of World War II, when the Third Reich surrounded Switzerland. If Germany had attacked, it would have received a powerful repulsion from a million Swiss riflemen from impregnable mountains.
These days, these bunkers aren't empty. They have private owners. While the world is relatively quiet, they rent premises for commercial purposes. Companies store their equipment here in case of emergencies and install servers for storing files and mining bitcoins. If anything happens to Apple, the data will remain intact.
Some people are already booking beds in former soldiers' barracks to have a sheltered place. The price tag starts from $3,000 per month.
Why is Switzerland not in crisis? Crazy Swiss prices only bite visitors. The locals are able to provide all their wants. For example, teachers earn more per month than their Russian counterparts in a year – about 8,000 Swiss francs. That's over $9,000! Doctors receive $10,000 to $15,000.
Switzerland is one of the freest countries in the world. The residents feel completely safe. You can easily buy guns here. The Swiss have over 2.5 million pistols, rifles and rifles.
The Swiss are obsessed with planning. They start saving for retirement from their first salary. Their lives are calculated for years to come. There's a plan for any case. For example, in a nuclear attack, the Swiss will descend into basement laundries with thick, impenetrable walls of concrete. Every house on the ground floor has fuel and a generator.
Behind the alpine meadows, ski resorts and general relaxation is a serious base in terms of security. This makes Switzerland invincible.
Market forecast 2024: on the verge of a global crisis Alas, it's not rosy at all. On August 5, 2024, dozens of large companies became poorer by hundreds of billions of dollars. Global stock markets collapsed sharply due to fear of a possible downturn in the US economy. In this regard, investors began to massively sell securities and other assets.
Record falls on August 5 were experienced by the stock markets of Taiwan and South Korea. The latter recorded the worst session in 16 years. For example, the position of Samsung Electronics fell by as much as 10.3%. The Japanese suffered the largest collapse in 37 years. Shares of semiconductor and technology companies in Europe also fell sharply.
It is all the fault of artificial intelligence, explains The Economist. Investors fear that he has unrealistic expectations. That’s why tech giants that use AI have been hit the hardest. Microsoft, Apple, Meta and Nvidia could each lose $300 billion in market value.
Also on Friday, August 2, the United States reported weak labor market performance. Rising unemployment is a direct road to a weakening economy.
Blocking YouTube in Russia On the wave of the global crisis experienced the fall of the video service YouTube in Russia. From mid-July 2024, Russian providers began to inform users about the slowdown of the platform. According to them, the problem was the wear of Google equipment. After the outbreak of a full-scale war, the corporation physically left the Russian market.
According to other sources, slowing down the service is a political decision. Hosting can be blocked by September at the initiative of the presidential administration. Back in March 2022, the service fell out of favor when it began to delete accounts of state media of the Russian Federation.
What does this mean for ordinary Russians? The YouTube analogue is ready. State censorship service "Platform" almost one in one repeats its design and functionality. This is beneficial to the Russian authorities, because they will eliminate a competitor and occupy the entire niche. The market forecast for 2024 is disappointing: such a decision will hit users of YouTube and all Google services.
Blocking hosting threatens to drawdown of the Russian economy. It could lead to the denial of access to many other resources. Services related to maps and the Internet of Things will cease to work. This is comparable to the effect of leaving the market of Mastercard and Visa.
Meanwhile, some analysts attribute the slowdown of YouTube to the offensive of the APU in the Kursk region. The Kremlin does not want this information to be made public through independent media channels.
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