Credit Suisse was formed about 170 years ago to give loans to industrialize Switzerland.

It’s sort of a divine economic message that Credit Suisse’ stock price is now down 96% following the relentless de-industrialization of Europe.

The West needs to rethink financial capitalism.

#BankingCrisis #economy
Credit Suisse was formed about 170 years ago to give loans to industrialize Switzerland. It’s sort of a divine economic message that Credit Suisse’ stock price is now down 96% following the relentless de-industrialization of Europe. The West needs to rethink financial capitalism. #BankingCrisis #economy
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