There have always been legitimate and legal reasons for banking in Switzerland...wealth preservation, just to mention one. Switzerland's long-term political and economic stability, even in times of crisis, contributes to Switzerland's ongoing AAA rating with a stable outlook and Switzerland is still considered the global leader for cross border private wealth management.
This is an excellent comment unfortunately the only people who would understand it are those who have wealth or assets to protect and don’t understand that of the 50 safest banks in the world Only three from the US appear and none of them are banks that are known by the average public
This is why it's such a pain when you happen to be working in Switzerland and you need a bank account for ordinary reasons, not to avoid taxes. Everybody thinks you're a drug kingpin but really you're just paying the light bill. If you were across the street in an EU country, nobody would care.
I'd get one if I'm in Switzerland for long enough, and probably keep it just to say I have one. I had a bona fide Nigerian bank account before, but closed it upon departure because the monthly maintenance fees they charged would mean it'd be empty by the time I might return.
@@LogicallyAnswered Probably worth using some of that time to research the topic. For example, to use laundered (tax evasion etc) money in trusts without directly connecting yourself to it, these banks will open up equity backed lines of credit to draw on, using your trust funds as collateral. Also worth noting the background to US attacks on the Swiss bank's laundering market, under the guise of increasing banking transparency, so that people looking to hide money would use US OFC's (off shore centers) to launder instead. By far the largest launderers are the UK & US, with well over half that market. Finally, inflation in swiss francs is irrelevant since all these accounts are held in usd.
@@andrerothweiler9191 Hiding money doesn't matter now. I know many who are eager to turn black into white money by any means. People nowadays only respect what you can show or hold. Hidden money do not even get respect which is massive blow to self respect.
you left out the most fundamental thing which is that switzerland is innovative and the companys usually are flexible the perfect example for that is that since the ending of banking secrecy laws, the amount of gdp contributed by the banking sector essentially didnt change (was and still is around 8-10%) why? because swiss banks knew they could no longer just rely on money sitting there for secrecy and earning off of that but by actually offering returns (that are in par with international competiton, except for maybe a few exceptions) this combined with the facts you noted is what makes swiss banks attractive. also switzerlands economy is really diverse and the believe that banks contribute most to their wealth is simply wrong- because switzerland never had resources to make them rich they had to invest in human capital, high skilled labour and also trade- just think about how many big swiss companys there are outside the banking industry- novartis, roche, logitech, lonza, glencore, nestle, trafigura, vitol, cargil, bhp, msc, kühne+nagel, schindler... i could go on- the point is switzerland hardly seems to make naive decisions that could end up getting the country/economy/population in a difficult position
I thought the video was serious until I heard that "they" are putting negative interest rates to avoid inflation. Basics of economics will teach you that it is the opposite. You don't encourage borrowing and consumption to fight inflation. Morever, they do not create big amounts of dollars of course, but they create Swiss francs, that they exchange into dollars in order to weaken the Swiss Franc (it would be much higher if not). They then use the dollars to buy shares such as Apple shares, the Swiss National Bank is one of the biggest Apple shareholders. Lastly, a government that can print its own currency will never have issues repaying its debt, this is not the problem.
Not entirely correct. The Swiss banking insurance scheme only covers 100'000 Swiss Francs. The only banks that cover all of your assets are a select few state banks (Kantonalbanken), as well as the SKB (which only opens accounts for federal employees). Up until recently, PostFinance was also 100% insured, but that was dropped when the institution was transformed into a semi-private company.
Ok, a few corrections here. First bank secrecy is dead. It was killed by FATCA and CRS. Swiss banks must, and do report the bank accounts of non-Swiss citizens to the tax authorities in most developed countries including the US. If they fail to do so they can be barred from access to international financial markets. Secondly, Swiss bank accounts are rarely denominated in Francs for non Swiss nationals. This is because such accounts are automatically subject to Swiss income tax. Most people that bank in Switzerland hold their accounts in either US Dollars or Euros. Third, most Swiss banks want nothing to do with Americans. The few that will take Americans usually demand a very large balance to be kept and they normally expect to manage your money. For which they charge very steep fees. There is absolutely no evidence that Swiss bankers are any better at beating a cheap index fund than American or UK or Singaporean bankers. Which is to say that 90% will not keep pace with a cheap index fund over the long term. Those numbers get worse when you start factoring the added fees and expenses. Also Swiss bank accounts ARE NOT insured 100%. A non-government banking consortium insures bank accounts, but only up to 100,000 CF. In general, the Swiss have been living off a myth for a very long time. The one thing I do think Switzerland is good for is storing gold. They have a number of excellent private high security vaults where you can stash bullion or other valuables with relative safety. And unlike bank accounts, these are not reportable to the tax authorities.
Swiss banks are NOW actually more restrictive - restrictive in the sense that they require a lot of proof for your source of funds - they are now more restrictive than other banks. Russian oligarchs would rather bank in the UK or the US than Switzerland.
my uncle is accountant and had a client from switzerland that called himself mickey mouse, the banks didnt ask for identification back then you could give them any name you want, evade taxes and no one would know who evaded the taxes.
@@LogicallyAnswered yes, he said this doesnt work anymore nowadays, because of that this whole "switzerland tax evasion gangster" stuff doesnt make sense anymore, i dont know if his client can still use that old account though, probably not
I love it. Let's utilize all the things taxes pay for so I can run my business and then make all those suckers pay for it. People like this are the most unpatriotic. Switzerland has pretty strong social programs which it pays for through income tax.
This video misunderstands the difference between having your money in Switzerland and having your money in Swiss currency. There is no point having your money in Switzerland just to avoid dollar or euro inflation. If you want to avoid inflation in your currency just hold assets denominated in swiss francs but in a bank of your own country. On the other hand, if you hold your money in assets denominated in dollars or euros but in a Swiss bank, this will not change your natural exposure to dollar or euro inflation. And this is the problem. If you want to hold assets in Swiss Franc you will not have much choice of what you can invest in. Therefore it is more interesting to keep your money in dollar or euro denominated assets even if in the past 30 years, euro and dollar have depreciated by about 2% per year versus the swiss franc. So all the point this video is about is totaly wrong. People put their money in Swiss banks because many nationalities still benefit of bank secrecy and because for the others there still are many loopholes to counter the system.
No empowered political or social change will happen until economic reforms are made, and that won't happen until we leave usury commodity currencies behind and move to qualitative exchange mechanisms with no cost that incentives status to create sustainably. This means a no-cost, non-commodity exchange model that doesn't need fractional reserve lending or usury to run it. BUXXB.
Ok, well that was way more interesting then I was expecting. I would point out that most billionaires are so based on imaginary money (stocks). It's hard to put that in a bank.
Exactly. It's an unfair amount of hate these people are getting due to the countless articles out there accusing them of making more billions during the pandemic, when it's really just the value of their stocks rising with the stock market.
Tax evasion is not illegal, in the same way Hollywood accounting or creative accoumting is not illegal. Citizens paying higher taxes does not make you a better civilian; it just makes you a more lucrative citizen.
Any US Citizen thinking of opening Swiss Bank account, think of magic word- FATCA. This is the law which demands any foreign bank release info about US citizen accounts upon demand to the IRS. Send thank you note to Obama!!
Countries have invaded Switzerland on occasion and they have defended in those unique cases. Switzerland is still nonetheless one of the most neutral countries in the world.
@@LogicallyAnswered Very interesting history. I read somewhere that the reputation of the Swiss Gurd was enough to discourage anyone who was thinking to invade the country and if that was not enough, the terrain is also very inhospitable to outsiders.
1) 8:29 "[swiss people] will [...] do anything, incuding negative interest rates and reduce the money supply to maintain zero inflation rates" How having negative interest rates maintains zero inflation rates ? Moreover, how reducing money supply is compatible with having regative interest rates? It doesnt make any sens ! Could you explain your reasoning? 2) 9:41 "[...]all Swiss bank account are insured 100%. In the US, FDIC insurance only stretched up to $250K". This affirmation is false; Swiss bank accounts are insured up to CHF 100K per person and per bank (~$107K while I write this lines).
THIS VIDEO IS SO IGNORANT AND PERFUNCTORY OF AN EXPLANATION THAT THE CREATOR MUST BE SWISS! "HOW WOULD YOU EVER GET YOUR MONEY OUT OF A SWISS ACCOUNT?" IT'S CALLED A UBS DEBIT CARD, GENIUS! THIS IS OBVIOUSLY AN OBFUSCATION VIDEO! ITS NUMBER ONE VIDEOS LIKE THIS THAT MAKE ME WANNA START A TRUTHER CHANNEL, TEARING THIS ONE UP FOR STARTERS SO CHILDREN KNOW THE TRUTH!
Swiss Bank a Tax Haven for the Corporate Business ,while the Working class man still the Higher Tax, just like Bitcoin, what you can not see,is what you don't know, a new world based rule order and a executive order signed by all third parties will make it nvalid, just like the HSBC, obtaining financial statements to Huawei mobile dealings.
Who else is watching and reading comments at the same time 😊
Bitcoin is The future, lnvesting in it now will be the wisest thing to do especially with the current rise
2021 online stock market is just difficult and unbelievable, l rather invest my money on crypto
@@waynephilip5256 For real it's true, This could be the wisest word l've heard, you got my points 👍
2021 stock look real weird right now rather invest my money on crypto. How do you recommend?
I recommend Expert Brandon Trading strategy for you his trading strategy is awesome
Loved the thumbnail 😂✌
Glad you liked it Prashant!
Me too 😂 worked really well.
Me too
Me too
🤣🤣🤣🤣
There have always been legitimate and legal reasons for banking in Switzerland...wealth preservation, just to mention one. Switzerland's long-term political and economic stability, even in times of crisis, contributes to Switzerland's ongoing AAA rating with a stable outlook and Switzerland is still considered the global leader for cross border private wealth management.
This is an excellent comment unfortunately the only people who would understand it are those who have wealth or assets to protect and don’t understand that of the 50 safest banks in the world Only three from the US appear and none of them are banks that are known by the average public
YOU TURNED AWAY JEWS IN WW2 AND STILL HAVE 9 BILLION IN HITLER'S STOLEN GOLD! WE KNOW WHO YOU ARE, HOLY ROMAN!
"legitimate and legal reasons for banking" and then you go on saying they dont care about ethics and do anything to protect and join corrupt powers.
that's why I trust my Hypothekarbank in Switzerland
It's better to keep money where it won't be annihilated when a war occurs.
Pure facts haha
This is why it's such a pain when you happen to be working in Switzerland and you need a bank account for ordinary reasons, not to avoid taxes. Everybody thinks you're a drug kingpin but really you're just paying the light bill. If you were across the street in an EU country, nobody would care.
Why do you care if people think you have enough money to stash in Swiss banks?
You clearly don't know how difficult opening foreign bank accounts got with CRS and FATCA...
I doubt depositing 50 dollars would earn you kingpin status
I doubt that you are swiss...you can open a bank account within 10 minutes via an online app.
@@Slithermotion „happen to be working in switzerland“ ≠ being swiss. Also they never said anything about it taking long to open a bank account
Your video production is cutting edge sharp as a Swiss Army Knife!
Thank you sir!
Guys
That was perfectly explained! (Swiss guy here, with several Swiss bank accounts ^^)
That was informative, I didn't know the whole deal about the Swiss banks. Nice one man.
It's actually factually wrong half the time
man, the thumbnail is unreal! Just discovered your channel yesterday and it is awesome. I see this channel getting successful!
Thank you man! Really glad you liked the thumbnail!
I'd get one if I'm in Switzerland for long enough, and probably keep it just to say I have one. I had a bona fide Nigerian bank account before, but closed it upon departure because the monthly maintenance fees they charged would mean it'd be empty by the time I might return.
I don't know who needs to hear this but stop saving all your money, Invest some of it if you really want financial freedom.
what if you don't know how to trade any of these?
@@sophianatalie7755 I see your point some people have the money and are willing to invest question is where to?
this is 2021 people who are not even traders make money from the stock, Crypto and forex market
there are platforms where you Invest and trade your money.get paid your profit either weekly or monthly.Thats Investing
@@roseisabella1403 that's true
I wished my country - Belgium - would make more rules like Finland.
Rules like what? I thought you guys had the highest savings account per person in the EU
@@victorcossimo there's no way that's true.
Government sucks here 😂
You're in heaven, yet you need changes.
@@Caldeira198 people being people, never satisfied
@@victorcossimo belgium is the home of the EU head honchos- you know, those ultra socialist billionaires who believe themselves to be kings?
“ Avoiding taxes wasn’t big of a concern “lol
The number one tax have in the world right now isn't Switzerland, the Caymans, Panama, or anywhere exotic like that. It's North Dakota.
While my grandpa keeps buying more and more cows. 😑
He doesn't like keeping cash.
Lol
Ever heard of cash cow?
Beef good. Beef yummy. Beef expensive. Milk = Passive income.
@@wess3426 I am Hindu, we don't consume beef.
Only milk products.
You doing milk I will eat beef
Can't wait to open my Swiss bank account. Great episode!
Thanks for watching Carlo!
But one condition
The accounts must not be empty
Lol😁😁😁
@@kabirsingh7630 Bad joke.Even a child is better than you
This seemed more like an audio podcast instead of a video!
I liked the audio. Very clear cut points.! Made sense…
That thumbnail photo captured in India probably when Jeff was on India trip 😂 thumbnail was ultra Pro max level funny 😂
You need more subscribers you’re videos are very good quality and very informing thank you
How the fk u do all the editing and all the fking things in such a short time hats off bro
Well it used to take 60 hours per week, but since I got an editor, it’s been much easier. Thanks for your appreciation bro!
@@LogicallyAnswered Probably worth using some of that time to research the topic. For example, to use laundered (tax evasion etc) money in trusts without directly connecting yourself to it, these banks will open up equity backed lines of credit to draw on, using your trust funds as collateral.
Also worth noting the background to US attacks on the Swiss bank's laundering market, under the guise of increasing banking transparency, so that people looking to hide money would use US OFC's (off shore centers) to launder instead. By far the largest launderers are the UK & US, with well over half that market.
Finally, inflation in swiss francs is irrelevant since all these accounts are held in usd.
Swiss National Bank: Negative rates for years to come
You keep saying "tax evasion" in this video. Tax evasion is illegal, Tax avoidance (like putting your money in Swiss banks) is called being smart.
That thumbnail is flippin’ *HILARIOUS! XD*
Sounds like a inflation pegged currency, i like it
This channel needs a million subs
Great video as always my man!
Thanks for watching Ben!
This video is old by 10 years. Swiss banking is in decline. Many banks have closed. Due to anti money laundering punishments by world governments.
Yes and no, it's still nice place to hide money
@@andrerothweiler9191 Hiding money doesn't matter now.
I know many who are eager to turn black into white money by any means.
People nowadays only respect what you can show or hold.
Hidden money do not even get respect which is massive blow to self respect.
1:45 Closest refuge, not refugee. A refugee is a person, a refuge is a place
Catchy Thumbnail !
you left out the most fundamental thing which is that switzerland is innovative and the companys usually are flexible
the perfect example for that is that since the ending of banking secrecy laws, the amount of gdp contributed by the banking sector essentially didnt change (was and still is around 8-10%)
why? because swiss banks knew they could no longer just rely on money sitting there for secrecy and earning off of that but by actually offering returns (that are in par with international competiton, except for maybe a few exceptions)
this combined with the facts you noted is what makes swiss banks attractive. also switzerlands economy is really diverse and the believe that banks contribute most to their wealth is simply wrong- because switzerland never had resources to make them rich they had to invest in human capital, high skilled labour and also trade- just think about how many big swiss companys there are outside the banking industry- novartis, roche, logitech, lonza, glencore, nestle, trafigura, vitol, cargil, bhp, msc, kühne+nagel, schindler... i could go on- the point is switzerland hardly seems to make naive decisions that could end up getting the country/economy/population in a difficult position
Wow that's super informative
I thought the video was serious until I heard that "they" are putting negative interest rates to avoid inflation. Basics of economics will teach you that it is the opposite. You don't encourage borrowing and consumption to fight inflation.
Morever, they do not create big amounts of dollars of course, but they create Swiss francs, that they exchange into dollars in order to weaken the Swiss Franc (it would be much higher if not). They then use the dollars to buy shares such as Apple shares, the Swiss National Bank is one of the biggest Apple shareholders.
Lastly, a government that can print its own currency will never have issues repaying its debt, this is not the problem.
Not entirely correct. The Swiss banking insurance scheme only covers 100'000 Swiss Francs. The only banks that cover all of your assets are a select few state banks (Kantonalbanken), as well as the SKB (which only opens accounts for federal employees). Up until recently, PostFinance was also 100% insured, but that was dropped when the institution was transformed into a semi-private company.
Go figure… the home of the Octagon has criminal-friendly banking.
I am Jack’s complete lack of surprise.
Swiss don't get involved in wars
Ok, a few corrections here. First bank secrecy is dead. It was killed by FATCA and CRS. Swiss banks must, and do report the bank accounts of non-Swiss citizens to the tax authorities in most developed countries including the US. If they fail to do so they can be barred from access to international financial markets. Secondly, Swiss bank accounts are rarely denominated in Francs for non Swiss nationals. This is because such accounts are automatically subject to Swiss income tax. Most people that bank in Switzerland hold their accounts in either US Dollars or Euros. Third, most Swiss banks want nothing to do with Americans. The few that will take Americans usually demand a very large balance to be kept and they normally expect to manage your money. For which they charge very steep fees. There is absolutely no evidence that Swiss bankers are any better at beating a cheap index fund than American or UK or Singaporean bankers. Which is to say that 90% will not keep pace with a cheap index fund over the long term. Those numbers get worse when you start factoring the added fees and expenses. Also Swiss bank accounts ARE NOT insured 100%. A non-government banking consortium insures bank accounts, but only up to 100,000 CF. In general, the Swiss have been living off a myth for a very long time. The one thing I do think Switzerland is good for is storing gold. They have a number of excellent private high security vaults where you can stash bullion or other valuables with relative safety. And unlike bank accounts, these are not reportable to the tax authorities.
Swiss banks are NOW actually more restrictive - restrictive in the sense that they require a lot of proof for your source of funds - they are now more restrictive than other banks.
Russian oligarchs would rather bank in the UK or the US than Switzerland.
my uncle is accountant and had a client from switzerland that called himself mickey mouse, the banks didnt ask for identification back then you could give them any name you want, evade taxes and no one would know who evaded the taxes.
Ah I see. It’s extremely difficult to do something like that today right?
@@LogicallyAnswered yes, he said this doesnt work anymore nowadays, because of that this whole "switzerland tax evasion gangster" stuff doesnt make sense anymore, i dont know if his client can still use that old account though, probably not
@@michelbruns
The joke is a lot of those people ended up losing their accounts because of the non identification process.
@@cp3190 dam
Always a good idea to keep your money somewhere safe
For sure!
I love it. Let's utilize all the things taxes pay for so I can run my business and then make all those suckers pay for it. People like this are the most unpatriotic. Switzerland has pretty strong social programs which it pays for through income tax.
U are obviously not from USA, where IRS robs you and you get NOTHING in return!!! Welcome to AMERICA!!
This video misunderstands the difference between having your money in Switzerland and having your money in Swiss currency.
There is no point having your money in Switzerland just to avoid dollar or euro inflation.
If you want to avoid inflation in your currency just hold assets denominated in swiss francs but in a bank of your own country.
On the other hand, if you hold your money in assets denominated in dollars or euros but in a Swiss bank, this will not change your natural exposure to dollar or euro inflation.
And this is the problem. If you want to hold assets in Swiss Franc you will not have much choice of what you can invest in. Therefore it is more interesting to keep your money in dollar or euro denominated assets even if in the past 30 years, euro and dollar have depreciated by about 2% per year versus the swiss franc.
So all the point this video is about is totaly wrong.
People put their money in Swiss banks because many nationalities still benefit of bank secrecy and because for the others there still are many loopholes to counter the system.
🤔 or gold
So right bet you're a millionaire
Brilliant 😊☝🏻
I wish I have enough money to store in swiss bank...😢😢😢
Currently my all Money can be fitted in my jeans pockets 😓😓😓
One day bro
@@LogicallyAnswered my entire wealth Is less than 10 cents 😂😂😂😂😂😂🇸🇩
thumbnail is hilarious 😂🤣
No empowered political or social change will happen until economic reforms are made, and that won't happen until we leave usury commodity currencies behind and move to qualitative exchange mechanisms with no cost that incentives status to create sustainably. This means a no-cost, non-commodity exchange model that doesn't need fractional reserve lending or usury to run it.
BUXXB.
What an amazing thumbnail! :D
Absolutely awesome video
Ok, well that was way more interesting then I was expecting.
I would point out that most billionaires are so based on imaginary money (stocks). It's hard to put that in a bank.
True
Exactly. It's an unfair amount of hate these people are getting due to the countless articles out there accusing them of making more billions during the pandemic, when it's really just the value of their stocks rising with the stock market.
Ah yeah, I agree. Most of the media is determined to grow hatred towards the rich.
@@LogicallyAnswered They are the same
Can you make a video on full description about cayman islands.There is no good video in youtube regarding this
Tax evasion is not illegal, in the same way Hollywood accounting or creative accoumting is not illegal. Citizens paying higher taxes does not make you a better civilian; it just makes you a more lucrative citizen.
Im from Switzerland and i have 4 Bank accounts
Makes perfect sense hahaha
Because of downhill the world is going I’ve thought about just straight moving to Switzerland
The lady walking away @ the end ...😊🤗
Proudly sponsored by the reserve bank of all the world reserve banks...the Bank òf International Settlements
2:03. That meeting looks terrible
Who came here for the thumbnail?
Hey there! I really like your videos they are great, but one thing brother's me is your audio please can you upgrade your mic.
Thanks
Hey there I am a Swiss Banker and I just wanted to add that we have to disclose all information of US citizens to the IRS.
huge amount of secrecy needed to avoid inflation risks
Best ever thumbnail in my whole RUclips History 😂
I'm Still laughing 🤣😂😭
Investing is buying yourself a better future you don't have to work hard again.
The bank accounts are not insured 100%.
Hey, your videos should have a bit more sound gain, you know it's tough to even notice each words, otherwise contents are great.
Swiss bank is really a heaven for lotter of world
Taxpayers pay up but not for safety deposit boxs
March 22, 2023---Credit Suisse is no longer. 18bn in bonds erased!!!! So, you are out of date!
Oh so its to avoid inflation, so basically its security of money. No Wonder you need at least 1 million to make an account lol
I'm a forex trader. I Live in Tanzania how do i open a Swiss account
5:00 Arab dictators moving their corruption money there: Am I a joke to you?!
Where did get your money from?
Oil
Alright understandable, have a nice day.
@@wess3426 through exploiting Mother Nature’s resources. Oh I’m Roger by the way.
Any US Citizen thinking of opening Swiss Bank account, think of magic word- FATCA. This is the law which demands any foreign bank release info about US citizen accounts upon demand to the IRS. Send thank you note to Obama!!
En route: Switzerland
great video, was always thinking abt this topic
Glad you found it interesting Sanskar!
But why hasn't anyone invaded the country all these years?
Countries have invaded Switzerland on occasion and they have defended in those unique cases. Switzerland is still nonetheless one of the most neutral countries in the world.
@@LogicallyAnswered Very interesting history. I read somewhere that the reputation of the Swiss Gurd was enough to discourage anyone who was thinking to invade the country and if that was not enough, the terrain is also very inhospitable to outsiders.
Ioannis Kapodistrias created the Switzerland we know today
Who made this jeff bezos thumbnail? 😭🤣
lol. That thumbnail tho😂😂
Hahaha, glad you liked it!
😁👍💯😂
Good video 👍🏻
Thank you Arnav!
@@LogicallyAnswered hey you remember my name , appreciate it
I’ve considered it. But I think you need to be wealthy far beyond my status to be able to afford a Swiss account.
1) 8:29 "[swiss people] will [...] do anything, incuding negative interest rates and reduce the money supply to maintain zero inflation rates"
How having negative interest rates maintains zero inflation rates ? Moreover, how reducing money supply is compatible with having regative interest rates?
It doesnt make any sens ! Could you explain your reasoning?
2) 9:41 "[...]all Swiss bank account are insured 100%. In the US, FDIC insurance only stretched up to $250K". This affirmation is false; Swiss bank accounts are insured up to CHF 100K per person and per bank (~$107K while I write this lines).
Bro what did u expect? It a meaningless RUclips video. Don’t trust the internet too much. Those are not the only two weird things he saying.
now i want to open a Swiss account
Stock videos for days
That thumbnail sums up Lex Luthor perfectly.
I thought that was Jeff Bezos
Isn't Jeff Bezos photo in thumbnail is a photo when he was in India
Yep
THIS VIDEO IS SO IGNORANT AND PERFUNCTORY OF AN EXPLANATION THAT THE CREATOR MUST BE SWISS! "HOW WOULD YOU EVER GET YOUR MONEY OUT OF A SWISS ACCOUNT?" IT'S CALLED A UBS DEBIT CARD, GENIUS! THIS IS OBVIOUSLY AN OBFUSCATION VIDEO! ITS NUMBER ONE VIDEOS LIKE THIS THAT MAKE ME WANNA START A TRUTHER CHANNEL, TEARING THIS ONE UP FOR STARTERS SO CHILDREN KNOW THE TRUTH!
Ain't got no money but I'm 'bout to borrow from Duetshe and offload into my swiss bank account. Fck it.
Swiss Bank a Tax Haven for the Corporate Business ,while the Working class man still the Higher Tax, just like Bitcoin, what you can not see,is what you don't know, a new world based rule order and a executive order signed by all third parties will make it nvalid, just like the HSBC, obtaining financial statements to Huawei mobile dealings.
That thumbnail had me dying 🤣 💀
I thought it was because if Nazi gold is safe there, any other heinous reasons you got your gold there should be safe too.
Sorry,but non of the country you mentioned is neutral,aside of Switzerland .That is why it is the only one so respected and "loved" by richest
Specificly
Don't store your moneh in banks.. Like youf money is in the hand of other people.
7:37 I think you mistakenly wrote nflation instead of inflation ......... am I right .........?
Nah, I didn't mistakenly write it like that, but I did mistakenly pronounce it like that while narrating.
I love Basil and Geneva
Thumbnail. 🤣
That worked as a click bait though.😁
Do a video on francoise bettencourt meyers
ambani favorite bank
here early
Hey Crevic!
Epic
Now they're siezing russian assets i guess that trust is gone.
You reparation pictures with?, with weather of this divine Cripto coin, ALEKSANDAR, for vashing...
Repair, art people ask with what chamical to do it?
Interesting! Inflation protection.
Yep, a really good one at that too