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oh yeah Swiss Franc shake ass with this
I want to be rich.
wtf man?
Just another version on the Cypriot scenario. Theses guys mean business they are out to nail offshore accounts big time.
Officer ... I swear to drunk I am not God
Which guys? It's the Cypriot govt who want to introduce the tax.

Quoting Fidza
Just another version on the Cypriot scenario. Theses guys mean business they are out to nail offshore accounts big time.
Quoting Squeeze
Which guys? It's the Cypriot govt who want to introduce the tax.
Switzerland and Cyprus are both suffering the negative effects of an overdeveloped off-shore banking industry (having long enjoyed the positive effects). Taxing a %age of all deposits (Cyprus) or applying negative interest rates on deposits (Switzerland) it comes down to largely the same thing.
I'm short at EU/CHF from 1.2247. Am I doing something wrong?
Quoting Squeeze
Which guys? It's the Cypriot govt who want to introduce the tax.
You really have a hard time trying to understand my point of view ,no worries, its just my opinion . And it is the Cypriot gvt trying to implement the measures, but what is the underlying reason for it exactly? Could it be the IMF/ECB and the ususal suspects that are influencing it?

Quoting Plofkip
Switzerland and Cyprus are both suffering the negative effects of an overdeveloped off-shore banking industry (having long enjoyed the positive effects). Taxing a %age of all deposits (Cyprus) or applying negative interest rates on deposits (Switzerland) it comes down to largely the same thing.
Glad to see someone else understands this lol
Officer ... I swear to drunk I am not God
Quoting Arav007
I'm short at EU/CHF from 1.2247. Am I doing something wrong?
Maybe not, but it could go up to ~2340 before it comes down.
You need to decide what conditions will show your short to be a bad entry.
Good luck.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
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  • Posted: Mar 18, 2013 6:55am
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     Newsstand
    Category: High Impact Breaking News
    Comments: 8  /  Views: 3,713