One of the saddest things in this video is that the gentleman who was a whistleblower on Swiss banks had to serve time in a u.s. jail simply because he made an error in his testimony. His whistl blowing garnered BILLIONS for the u.s. government. Talk about biting the hand that feeds you.

@SwissBankingLawyersZurich

3 жыл бұрын

Birkenfeld received 102 million dollars for his services to the Department of Justice and the IRS. He made a lot of money with helping the US taxman collecting untaxed assets.

@TheHighborn

3 жыл бұрын

And that's why you don't ruin good things

@cashkitty3472

3 жыл бұрын

Whistle blowers never win. My dad was a director of engineering and whistle blowers on directors who brought land and sold it back to the company at inflated prices. He told the company that owned that company. Board for Rid of him. He ended up retiring. Only two years later did the main company so him to testify against the directors in court. He never got his job back

@charlestsai3708

3 жыл бұрын

Witness protection program?

@subrotoxing8214

2 жыл бұрын

@@SwissBankingLawyersZurich what is your thought on birkenfeld ? I mean in the big picture of "untaxed offshore money" his actions does not seem to fix the problem.

This video aged like wine!

@barel8741

Жыл бұрын

im really happy money laundering bank is now collapse

What irony that US is ranked number 2 in the Financial Secrecy Index ahead of Switzerland who is number 3

@utkarshg.bharti9714

3 жыл бұрын

Where do you think the CIA and other agencies make their money via shell corporations for all the naughty things they do worldwide?

@mohammadsavad4331

3 жыл бұрын

Then who is number 1

@justsomevids4541

3 жыл бұрын

@@mohammadsavad4331 u didnt even watch video lol

@mohammadsavad4331

3 жыл бұрын

@@justsomevids4541 yeah😁

@justsomevids4541

3 жыл бұрын

@@mohammadsavad4331 05:43

That is a tiny fraction of the story, I like how US governments and financial institutions point fingers while they have a shitload of dirt on their own!

@majedtaleb3944

3 жыл бұрын

The ignorance of your comment is astonishing.

@floddarelti206

3 жыл бұрын

@@majedtaleb3944 is he wrong though? Wasn't the US higher up on the secrecy chart?

@majedtaleb3944

3 жыл бұрын

@@floddarelti206 the American government has access to accounts of US citizens to stop tax evasion

@floddarelti206

3 жыл бұрын

@@majedtaleb3944 how do they do tax evasion then?

@majedtaleb3944

3 жыл бұрын

@@floddarelti206 by having money transferred to overseas banks in countries that don’t disclose their clients information such as Swiss banks.

Most global tax evasion is now occurring in Deleware and Nevada who apparently don't have the same reporting requirements as Swiss banks

@christheswiss390

3 жыл бұрын

Of course not. This is so foreign companies can evade the taxes in their home countries and store the funds in the US. The US has taken over Switzerland's previous role, while ensuring that Switzerland remains perceived as the banking villain via hollywoods continued use of Switzerland in it's movies, as soon as someone wants to hide money. You will NEVER see a Hollywood movie using Nevada, Delaware or any othe US territory as the banking reference for hiding funds.

@Holuunderbeere

3 жыл бұрын

@@christheswiss390 yeah i heard in one City you can just open up a Business and bank Account without having to do much. And nearly have no taxes

@zooleebest

3 жыл бұрын

it happen in some part in canada.

@Holuunderbeere

3 жыл бұрын

@@zooleebest in which one? Maybe i will go there

@Randomguydrm

3 жыл бұрын

The reason why the usa is so harsh on tax evasion is bc its the biggest tax heaven if you know what you are doing.

Switzerland’s standing as a financial center is shattered. “The country will now be viewed as a financial banana republic"

Nice video!❤️ But my mentor would always say; Desire + Motivation + Action = Success

@lindapoplin7150

Жыл бұрын

​@Mary Spencer Investments like Gold,Crypt0Real Estates and lots more are the actions ….

@josephfrys6969

Жыл бұрын

For me,I would say Gold are profitable but Crypt°has been the best so far

@doragary3717

Жыл бұрын

​@@josephfrys6969 Surprised to hear about Expert Sonia because I’ve been in a business meeting where she tutored about BT£

@leahmolly9150

Жыл бұрын

​@@doragary3717 I made $3,000 in a week trading with her😃

@annmannings1840

Жыл бұрын

Since 2018 I reached out to her,I’ve been debt free! Bought myself a car,house and an Amazon parrot☺️I love parrots

"Swiss bankers are going to work a whole lot harder to justify holding your cash!" Yes, they will do that to survive!!!

@Gritt999

3 жыл бұрын

Awww poor bankers… Said no one ever

Now we created a new giga bank while rescuing credit suisse. The total assets of this new bank will be somewhere around 3 times the GDP of Switzerland. European Union and the US better be prepared to help rescuing this monster next time, I seriously doubt we will be able to do it ourselves.

As a software engineer working for the financial industry in Zürich it doesn't look like this sector is in much trouble. It still pays the highest salaries here and invests a lot in modernization and digitalization.

@lambo1707

3 жыл бұрын

can i send you my C.V men, i’ve been retrenched due to pandemic

@tiger_would4419

Жыл бұрын

Didn’t age too well

@daimsaeed

Жыл бұрын

​@@tiger_would4419 why not

@TWCHHK

Жыл бұрын

Well let's talk about it again now

@jroig824

Жыл бұрын

​@@TWCHHKhaha timely reply! Ofc Credit Suisse is in the dumpster now but still the Swiss finance industry as a whole is very dynamic. That is what I meant in my initial comment

5:45 Financial secrecy index: US world's second. They fine Swiss banks for secrecy in the bank sector but they're in second place in the same index? So it's not about secrecy, problem is "others" secrecy. They just want to take out competition, as USA is a safe haven itself.

@majedtaleb3944

3 жыл бұрын

And why are you angry?

@roberton9029

3 жыл бұрын

@@majedtaleb3944 as already seen in history, US does not apply the rules they want to impose to others. They're not better than others as they want us to believe.

@majedtaleb3944

3 жыл бұрын

@@roberton9029 this is what superpowers do 😂

@roberton9029

3 жыл бұрын

Well, US foreign policy is naturally talented on judge and criticize other countries on things they also do 😉

@ArawnOfAnnwn

3 жыл бұрын

@@majedtaleb3944 Ah yes, good old 'might makes right'...

This aged well.

@z.4200

Жыл бұрын

Yup

@vandarkholme7759

Жыл бұрын

tax heaven have karma coming

@fujiwarachoki

Жыл бұрын

I hate big banks

Jean- "From a financial standpoint, you are now in heaven." Jordan- "Did you just say what I thought you said? Yes, yes!"

after that US act to force the Swiss to reveal the clients' information, the banks stoped opening accounts for Americans. The US does ride its citizens, even abroad.

@kcegr

3 жыл бұрын

No need to hide your money if it is legally made

@xealit

3 жыл бұрын

@@kcegr no need to tax it away from people, if it is legally made

@DhrubajyotiRaja01

3 жыл бұрын

@@xealit LOL... *Don't need to Provide Infrastructure For People If Its Legally Made* ... *People should Build their Own Roads and ETC* ... You, Dickhead is Basically Questioning the Purpose of Taxation..

@iam4801

3 жыл бұрын

@@xealit Money is legally only made when taxes are paid for it according to the rule of law.

@abisek.e7636

3 жыл бұрын

@@DhrubajyotiRaja01 the talk here is not about in America, it is about taxing even in abroad, no one questioning the taxing policy in america

To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful

@michelledaniel400

3 жыл бұрын

Great content. Everyone needs more than their basic salary to be financially secured

@wellsdells8946

3 жыл бұрын

You do not really need someone to tell you how to invest your coins, you can make research on your own and trade with expert to guild you through

@michelledaniel400

3 жыл бұрын

In few years time a lot of people will regret why they miss this great opportunity of earning.

@chrismarmsk1970

3 жыл бұрын

I have heard of many brokers I do hope they can help me

@michelledaniel400

3 жыл бұрын

Lol I’m used to trading with 2-5ETH back in the days. Now it’s like hmmm, I should lower my risk with using less ETH.guess what Automate taught me how to minimize my losses.

Job will pay your bills, business will make you rich but investment makes and keep you wealthy, the future is inevitable

@jessicabrown4223

3 жыл бұрын

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mr Harold

@jessicabrown4223

3 жыл бұрын

He has been handling my account for years

@charleschan8235

3 жыл бұрын

Wow I'm just shock someone mentioned and recommended expert Mr Harold I thought I'm the only one trading with him

@caseygirard2989

3 жыл бұрын

@@charleschan8235 You don't need to be shock because I'm also a huge beneficiary of expert Mr Harold

@caseygirard2989

3 жыл бұрын

@@charleschan8235 He help me recover what I lost trying to trade for us my self

Who’s watching this after credit suisse bank collapse?

Here in northern Italy, a huge chunk of wealthy families used to put their money in Switzerland. Some to dodge taxes, some for how solid Swiss banks were and some because of the non-existent capital gains taxes, thus making it very convenient to invest through a Swiss bank account. 10 Years ago, Switzerland was pressured into abolishing bank secrecy with Italy, forcing the banks to disclose the identity of Italian nationals with accounts over there. The golden days of Europeans stashing their cash in Swiss banks are pretty much over. Nowadays everybody's pulled out of Switzerland, and headed to other safe heavens like Luxemburg of Lichtenstein.

@annajones9701

3 жыл бұрын

Monero crypto and other crypto is the future I believe for those unscrupulous individuals

@masken8355

3 жыл бұрын

​@@annajones9701 Regarding the "and other crypto" part of your comment. Unfortunately, most cryptocurrency payment processors require KYC. This means that as soon as you make a purchase the wallet will be tied to you. Monero is the only option if you want the kind of privacy Swiss bank accounts used to offer. Public ledger coins just don't cut it.

Profitable traders can't start all by themselves they start with experts first then while making profits learn how to be profitable

@luckiestjames7254

3 жыл бұрын

I believe that companies and billionaires money make profits by trading with expert traders

@queenjones5692

3 жыл бұрын

Making profits is not hard while investing with an expert

@houstonlivine7627

3 жыл бұрын

That is why I want to hire an expert Stephanie William she trades volatile forex market and bitcoin trading

@elizabethjohn5938

3 жыл бұрын

How many days does it take experts to make profits

@evanslegend9709

3 жыл бұрын

I've learnt that investment is the best way to preserve wealth

UBS and CS have to solve their problems with the very last scandals of the last few months. Finished? Never. This is just the beginning. The world will become more insecure and the business will be booming. New investors from Hong Kong have discovered Swiss banks as an alternative to Singapore despite the longer distances. The Swiss banking sector is not in decline. It's a booming business.

Maybe, the Swiss bank/s gold reserves are being transferred elsewhere...

The government's tax structure was more fairer nobody would hide their money people would pay the fair share of tax.

@jroig824

3 жыл бұрын

Not really. Greed and the ability to evade taxes is what causes the rich to do so. Not a sense of unfairness. If taxes were low at 10% but they could move their wealth to some offshore country to pay only 4% they would still do it.

@silansel

3 жыл бұрын

Only rich people and criminals hide their money on tax heavens.

@DarkDonnieMarco

3 жыл бұрын

Who decides what is fair?

@mrlover4310

3 жыл бұрын

@@DarkDonnieMarco should be the pepole.

This video was made a year BEFORE the the current crises that is happening as of,October 8,2022..the stock of Credit Suisse is Down about 60 percent and there is talk about a pending bankruptcy......

"One man's stash is many other's come up." - Swiss Banks Story As far as regulations go, they came much later as a face saver. Many new tax havens and more innovative options had already hit the business by then.

The CEO of CS didn't have this video I guess.

As he said: Suisse banks are still a safe haven. Meaning nothing has changed.

@sofiameleen6698

3 жыл бұрын

Hello

@mystickal6342

3 жыл бұрын

Very true!! Its still same as it was only middle class are made fools !!

@Aelfraed26

3 жыл бұрын

There is a difference between Safe Haven and Tax Haven. From what I understand from the video, Switzerland is no longer the Tax Haven that it used to be.

@edmund6392

3 жыл бұрын

Trails: nothing has changed for everyone else except for American citizens.

@filippxx

3 жыл бұрын

The corrupt politicians can still park their money there, authorities don't care for taxes of the public servants.

What you mean golden standard? Literally were used mainly because it’s high standard for customers protection. They are only responsible to comply with EU directives on not using confidentiality to reject cooperation for anything

under the polished veneer, there is dirt and incompetence

@kensmechanicalaffair

3 жыл бұрын

Oh, yeah.

@nazarenoorefice2104

3 жыл бұрын

A bank like the Credit Suisse not recognising 4 scams in a row within few months is the ultimate demonstation of incompetence

@kensmechanicalaffair

3 жыл бұрын

@@nazarenoorefice2104 Or is it?....

@nazarenoorefice2104

3 жыл бұрын

@@kensmechanicalaffair could be

40 seconds into the video, making a prediction, Swiss banking is slightly declining because the financial systems in the regions like asia are gaining more reliability reducing the need for foreign businesses to use an international bank, but mostly the swiss banks are merging or simply eclipsing each other as larger banks are able to provide better prices and service knocking out smaller players

@hnr9lt-pz7bn

Жыл бұрын

Really? 🤔

So Americans cant escape Uncle Sam from anywhere on planet earth. The taxman will find you...

@IncaWarrior.

3 жыл бұрын

If IRS can get Capone, I am sure they can get the average American trying to commit tax fraud

@PatriciaFreddy

3 жыл бұрын

Thats why so many renounce their US citizenship. You can still escape Uncle sam tax. And since when US has authority over other countries businesses and citizens. However, the world need to have a wake up call. US is bend on having total control of everyones lives and finances. Better ditch the dollar now and diversify.

@whackyscripts6045

3 жыл бұрын

@@PatriciaFreddy i plan on renouncing my usa citizenship after my wealth reaches a certain amount to escape Uncle Sam, around 1 and a half years to go. I dont like where US is heading with taxes and in some years or decades they will lose status as reserved currency. Diversifying into crypto, currencies, and other assets is the move

@catarinav7947

3 жыл бұрын

Land of the free eh. Prisoners for life no matter if they live somewhere else lmao.

@MichaelSmith-by3te

3 жыл бұрын

@@whackyscripts6045 I heard US has big govermental debt too. May be it also will have its impact

Let’s not forget..the explosion of fintech over the last few years has been gaining a lot of traction and clearly a future heavy-hitterz

@edanthonydelosreyes6101

3 жыл бұрын

Monero for the win

Greed of some people is beyond belief! Money stashed away is really no good to them! They won’t be able to take a single cent with them when they die

@TomNook.

3 жыл бұрын

It's not some people though is it. It's whole families, companies, organisations. You're thinking small with the individual.

@sharoncrawford3042

3 жыл бұрын

True. But if one can, nothing wrong or greedy about having some rainy day savings. Never know when you might need it? Im not talking about hoarding money. That kind of thing is often due to greed.

@1354pj

3 жыл бұрын

We are talking about riches these guys will never be able to spend even in rainy days. And if you notice, inherited wealth lasts only 3 generations!

Investing in Bitcoin should be on every ones mind cos is the easiest of making money, I will refer you to my trade analyst to assist you be rest assured to make huge profits

@toddhozier

3 жыл бұрын

I invest with Mrs Stephanie Williams too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit

@givelife610

3 жыл бұрын

with the consistent weekly profits I'm getting investing with Mrs Stephanie Williams there's no doubt, she is the most reliable in the market. such a genius

@emmanueljames4903

3 жыл бұрын

I have traded with a lot of individuals but I have never come across anyone as good as Mrs Stephanie Williams, just by applying her strategies, I now trade independently. she is the best I'd advise any novice in investing to trade with her.

It was tax evasion plane and simple. Just like offshore banking.

This is literally robbery

@JinKee

3 жыл бұрын

whatcha gonna do about it?

Today it's not about return ON capital. Today it is about return OF capital.

@caltonfollows2168

3 жыл бұрын

Now THAT, was a brilliant comment. HAHAHAHA!

There should be even more privacy and secrecy not less

This aged like the finest of wines.

A year later wow

The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally

@arthurcyris3690

3 жыл бұрын

You're right ma, thanks for introducing me to expert Brandi J Adams of financial education

@bruceduglas7086

3 жыл бұрын

Most people don't invest due to ignorance

@bruceduglas7086

3 жыл бұрын

There are scammers but real brokers are out there for investors

@dennisgeorge1592

3 жыл бұрын

People are scared of investing because of high rate of scam in the business

@joannemiller6089

3 жыл бұрын

@@dennisgeorge1592 I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Brandi.

I prefer to say that the majority of banking services are lousy no matter which bank you choose. For the average consumer, it's been well past a decade where clients are receiving negative interest rates for holding their assets in institutions that can't invest your assets just to break even.

@jeeess9979

3 жыл бұрын

That's not true. When was Glass Steagall put back into law? A girl can dream ey?

To avoid the risk of being fined, Swiss banks may consider implementing a system that allows the US government to access transaction records and to approve or reject individuals seeking to open bank accounts in Switzerland. Switzerland may consider itself fortunate that the US has not yet imposed any sanctions on them

Stable government, safe haven status, neutrality... While these attributes aren't easy to achieve, they aren't unique either. As long as these Banks continue in their current path of neglecting operational risk, they will continue to lost their talents and their clients in the end.

Actually Ghana stopped exports of Coco to Swiss , so far as Choclate goes those are old stockpiles , now its made in china . I kid you not .Look it up

@scottbaxter2682

3 жыл бұрын

Even the name has changed. It's no longer chocolate, it's chongolang.

@dedskin1

3 жыл бұрын

@@scottbaxter2682 Good one :) Can i share something with , i am actually Grateful to Chinese ppl , they suffer a lot to make us those products . They messed up their Land so much , polluted the Air that they must ware FaceMasks regardless of virus , they were waring it long before pandemic . Its exactly why it started there if you have brain to work it out , they wanted to be sure it will spread around the world , face mask thing . Knowing Chinese are already doing it made it easier . Chinese ppl are not stupid ,they were aware of it , but you know , they beat them up , lock the up until they accept the lockdowns and all . And then when they succeeded it went global , but not before . Has nothing to do with chocolate or chongolang but , felt like sharing it . :)

Cayman & Virgin Islands still the go-to places when it comes to hiding your offshore assets.

@alltidvanlu7888

3 жыл бұрын

Georgia

Re Foreign Account Compliance Act: There is a flipside to this law. It makes it so much harder for a US citizen, like an ex-pat, to open a foreign bank account. Banks outside the US just as soon not deal with the hassle of inviting US government scrutiny by having Americans as customers.. Keep in mind also that the US is the only major country on earth that taxes the income of its citizens living and working abroad.

As private banking hubs, there are no credible alternatives in terms of secure jurisdictions. More than ever, Switzerland offers asset protection because it's court proven asset protection.

Maybe Cayman Islands has more money now. 😁

Irrespective of what you do, a cash flow system that earn you giant income is necessary

@lilyarnaud6807

3 жыл бұрын

It's important to have different sources of income

@jameswilliam7428

3 жыл бұрын

Profit rate of bitcoin is high and now is the time to invest

@mireyaromero5456

3 жыл бұрын

Many become millionaires investing

@reyansharnavkabir9066

3 жыл бұрын

I'm satisfied having Mrs Trisha Donald as my investment manager

@reyansharnavkabir9066

3 жыл бұрын

I earn maximum profits investing in her platform

I don't understand the examples for recent scandals (Credit Suisse hiring a PI to spy on one of its former executives that went to work for UBS) and Greensill (which was the failure of the British regulator) and Archegos (which involved almost all Major banks in Europe and the US). They have nothing to do with banking secrecy and only one has actually to do with commercial banking. Switzerland made a lot of money with tax dodgers and although the US started it most of them were actually German. The tax dodgers were responsible for up to 70% of Swiss banking profits although they only held 20% of accounts. So ultimately the tightening of EU regulators squeezed a lot of the easy profits out.

Because of the economic crisis and the rate of unemployment now is the best time to invest and make money 💯

@craighowell8052

3 жыл бұрын

Exactly....nice words

@gracemartines9231

3 жыл бұрын

Investing in crypto currency is one of the best chance of making money 💸

@Ahmed-lz6rs

3 жыл бұрын

Crypto is the future 🚀

@Ahmed-lz6rs

3 жыл бұрын

Buy gold and crypto

@team-profit2day44

3 жыл бұрын

I wanted to trade crypto but got confused by the fluctuations in price

The only reason why they are struggling is because they used to have a secrecy agreement and never give information about their clients!! Nowadays as soon as a country asks they immediately give information so they are useless nowadays!!!

@mugumyapaultheafricannomad9488

3 жыл бұрын

That's why in end we shall use the Pablo Escobar approach of putting money in plastic bags and bury it in the ground 😂😂

Swiss banks are falling 1 year from this interview

Wait a minute .. The US has secrecy laws making it a foreign accounts haven ? But .. They require other foreign banks to tell on their clients ? Very confused

I learnt some years ago the Swiss were changing their economic focus from core banking operations to international digital data security for governments as well as corporations?

You guys forgot about negative interest rates

@cmlon

3 жыл бұрын

yep! Geoff Cutmore says it at 10:20

@adrianhdragon718

3 жыл бұрын

;0)....yeah ! Negative Interests ! Who would have thought !

1934: Swiss passed banking secrecy act

@SnoopyDoofie

3 жыл бұрын

Yep, just in time for the Nazis to deposit their stolen loot.

@dollyschwall8537

3 жыл бұрын

@@SnoopyDoofie Absolutely you are right from Germany .

Switzerland is probably the wealthiest country. I grew up in Interlaken & Gstaad if not also most influential.

@benrodeheaver701

3 жыл бұрын

Ahhh, Gstaad. I can hear the ompah of the tubas in the background. Blessings.

@lolaland5595

3 жыл бұрын

Monaco would beg to differ

@benrodeheaver701

3 жыл бұрын

@@lolaland5595 Isn't that where they host a Grand Prix every year?

@elitex50

3 жыл бұрын

@@lolaland5595 Love Monaco. But you don’t settle international disputes there. Or have a secret mountain bank safes lol.

I’ve always thought that the Panama Papers and resulting EU legislation clamping down on offshore tax havens was the real impetus for Brexit.

The US are kicking Switzerland out of business with unfair competition

@blainepotskin1884

3 жыл бұрын

Democrats are doing this

fantastic report, thanks!

I feel that taxes should be optional for all in the world. If I don't trust a politician with my money, then why should I pay the taxes? Why am I not allowed to park my money whenever I want? Before we force people to pay the taxes, we should first force the politicians and governments, to make every spending public. They are still earning a lot more than any successful businessman or a qualified salaried person.

Naaah, those billionaires will have the law makers in their pockets soon enough

@infiniteinfiniteinfi

3 жыл бұрын

soon? ... they have always been in their pockets

@jomo4435

3 жыл бұрын

As with society and its love of money to consume....consumerism

@anotherone5926

3 жыл бұрын

They PUT those lawmakers there. Selected, not Elected.

Banks are turning into something else I prefer investing in crypto currency than dumping I have at the bank with no good output.

@raymondsamuel4907

3 жыл бұрын

Sure I think you are making some good point because whenever you invest you're buying a day you don't have to work.

@carolynduke7981

3 жыл бұрын

what are this assets that can makes on rich?

@clintonmaxwell6378

3 жыл бұрын

Bitcoin Stocks Real estate

@samuelbills4941

3 жыл бұрын

you are right, it obvious a lot of people remain poor due to ignorance. But for me it better to take risk and make sacrifices than to remain poor forever.

@patriciajohnson4931

3 жыл бұрын

I guess it not ignorance but do to some unprofessional expert in the market.

As the Nomad Capitalist says “You should go where you're treated best.” Swiss banks are not.

Can anyone answer; how much global cash (backed by gold) is in circulation vs current global debt? Then, how much is 'circulating' that is not cash or gold, but being accounted for as either or.

Credit Suisse is one of the most underperforming bank there is

@beverleysmith3629

3 жыл бұрын

Not so. They have been working very hard with Greensil and others.

Please can I invest in Bitcoin on my own, I have been practicing on my demo trading account, I don’t want to make any mistake whatsoever

@BrettmDumas

3 жыл бұрын

yes You can if you have fully understand the Bitcoin market

@BrettmDumas

3 жыл бұрын

if you haven’t I will advice you to look for a professional around your vicinity to help you understand the Bitcoin and forex market.

@josephwebb6334

3 жыл бұрын

I’m from Belgium I have been an investor in the crypto market for over 3 years now.

@josephwebb6334

3 жыл бұрын

Now is the greatest time to purchase and invest in Bitcoin.

@codyadams5430

3 жыл бұрын

Obviously trading in Bitcoin is very volatile and risky to trade that’s the reason most traders trade with a company.

They have competition from the Bahamas, Cayman Islands, the British Virgin island etc.

this video aged well

Crypto bots working hard here

@adamnazifi

3 жыл бұрын

Those are the cancer of KZread, they ruin many comment sections

@arnoldshmitt4969

3 жыл бұрын

@@adamnazifi if i had my way i would shove those digital coins far up those bots ass

Ironically, another Swiss bank may be brought down by the actions of an American (thanks Lara Warner). Haha.

@DeepValueOptions

3 жыл бұрын

Actually Keith Gill caused the short squeezes on Tesla and GameStop which made credit Suisse lose billions

@seneca983

3 жыл бұрын

@@DeepValueOptions Did Credit Suisse lose in those squeezes? I've not heard of that before nor did I manage to find info on that. Do you have a source for your claim?

@babibabu7766

3 жыл бұрын

@@DeepValueOptions What has Keith Gill got to do with Tesla?

@babibabu7766

3 жыл бұрын

@@seneca983 Credit Suisse has closed only 97% of the positions linked to Archegos, there is a rumour going around that the rest of the positions is in gamestop.

@DeepValueOptions

3 жыл бұрын

@@babibabu7766 he was most likely an early whale in tesla because he told us about it when it was only 20$.. it’s gone parabolic god mode since then

That transition where he pulled down the screen wipe... AMAZING

If you're rich and you want to keep your money away from prying eyes, you don't put them in a bank. Instead you put them in trusts, a legal gray zone where one simultaneously owns and doesn't own said assets. This is why the 'smart' and 'big' money go to to the Cayman Islands, Bermuda, Jersey and also how the City of London (and by extension the UK) keep their relevance in the world.

You ever wonder how these Scandinavian countries enjoys great luxurious lifestyle without really producing anything of note to the world? They help CEOs and big Corporate avoid taxes by stockpile their money in their banks.

@sprig3432

3 жыл бұрын

Norway? A trillion dollars amongst 5 Mill lol. They got it made

@bluelight4907

3 жыл бұрын

Norway produces oil, alot of it. Sweden has very strong companies and so does Denmark.

@martinandersson2478

3 жыл бұрын

Scandinavian? You are in the wrong part of Europe.

@nirutivan9811

3 жыл бұрын

Scandinavian countries have pretty high taxes. Not the best countries to stockpile money. What may be important to you: Switzerland is NOT Sweden!

@prasantpandey4057

2 жыл бұрын

Isn’t Norway just a country of fish,oil and introverts?

At least Swiss banks have experience storing real value, not generating electronic money via sketchy central bank machinations.

@seneca983

3 жыл бұрын

What? Switzerland has a central bank too. The Swiss Franc is a normal fiat currency.

Swiss banks fishing on US territory did a big mistake but they paid billions in penalties. Now, there is a new area. The world hase become more transparent.

What this misses is the fact that the swiss did not easen up the restrictions taken after the 2008 crysis. Both, CS and UBS have much higher equity rates than their US counterparts. This means, they have much lower earningspotential in "good years". And we have those since 2008 basically. However, if a next real crash approaches, the swiss banks will be able to absorb the hit. While US banks for example will instantly get into deep troubles. And with all the effects in a crisis, if you are able to act countercyclic you are able to make really big buck. Plus, all the investors "flee" to safe banks. In summary: Swiss banks have a much more risk averse strategy, this pays out at the next crisis. Until then, swiss banks will keep looking "weak".

I still think that Swiss Banks are still King, even though they are facing challenges at the moment

@tinaforbes1059

3 жыл бұрын

They will weather the storms with ease, no doubts. They are not in The EU . They don't have to ask anyone if they want the restructuring their banking system etc .

@shivam_nagar69

Жыл бұрын

this did not aged well

Nieuczciwość nigdy się nie opłaca . Akcja = Reakcja . Always . Kłaniają się proste prawa fizyki . In the end you always get what you give - this is a universal law .

Cayman Islands... need to look at the city of London full of off shore accounts

I never understood why the US taxes outside its borders. No other country does this.

Well there is a saying "Ill earned money will never be enough and will always makes you suffer".

Haha. UK is still doing it. Singapore is helping the mainland Chinese. There is money to be made. Big money.

Great Stuff. I started watching your videos last year as a beginner before giving stock market a trial. I was able to make $972,000 within 3 Months with a capital of $200,000. keep it up!

@aaroncecil5381

2 жыл бұрын

Wow. That's Impressive! How were you able to make that?

@anthonyszymon3032

2 жыл бұрын

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@aaroncecil5381

2 жыл бұрын

How can i reach this broker lady?

@justinclynes481

2 жыл бұрын

I just looked her name up on the internet and i got everything i need to know about her.

@markharry8486

2 жыл бұрын

i have heard about ASHLEY AIRAGAHI, she is a professional

Well researched and good journalism!

Highly interesting intro. Liked it!

@sofiameleen6698

3 жыл бұрын

Hello

They moved to Singapore. It’s simple

Nobody "hides" money in a bank. Transfering money from shaddow activities (bribery, criminal acts, tax evasion, etc) into de official financial system (the market) is acomplex process that envolves a whole network of financial institutes in different countries in combination with intermediary economic activities such as real estate, construction, art, food business, and research, among others. But well, go on and believe. I'm fine with this video, it keeps the ruble going on... ;-)

Bitcoin: new technology store of value

@jeeess9979

3 жыл бұрын

You mean an anonymous way to buy illegal items online via DNM?

@cashkitty3472

3 жыл бұрын

Money laudering.

@BestVideos01

3 жыл бұрын

@@jeeess9979 most of drug dealers and terrorists use USD for their operations

Wait, if you bought Geoff some chocolates (presumably from company expenses) but he also works at CNBC, aren't you two just buying chocolate for personal usage and getting the company to pay for it?

@JinKee

3 жыл бұрын

it's a prop chocolate box the whole crew ate them

Reporter literally went: I Receive: *Information about Swiss Banks* You Receive: *Swiss Chocolate*

This type of bank block flow of money? It indirectly preserve rich people power but adversely affect on comman people life?

Are you sure we can trust all Swiss Banks after the collapse of Credit Suisse?????? Now all people say is a Baloone Country. CAN WE REALLY TRUST YOU NOW🤔🤔🤔🤔🤔🤔

Nice video❤️ very engaging from the beginning to the end. People will be kicking themselves regrets in a few weeks if they miss the opportunity to buy and invest in Bitcoin It's a pity that most people out there struggling through intense hardship and have ignored Bitcoin, were as Bitcoin can uplift there financial status

@williamsjackson858

3 жыл бұрын

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@freeborndarlington3221

3 жыл бұрын

BITCOIN/IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN IN THE WORD

@prieskahappy7335

3 жыл бұрын

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@johnsonfrancis2156

3 жыл бұрын

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@kristen374

3 жыл бұрын

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europe pretends ethically superior. but where is money loundary bank and tax heaven? that's shame.

@IncaWarrior.

3 жыл бұрын

They love jerking themselves off as the beacon of morality while claiming America is morally bankrupt. Talk about biting the hand that feeds you

@maxxxxxxy

3 жыл бұрын

Love my free healthcare

@DhrubajyotiRaja01

3 жыл бұрын

@@maxxxxxxy LOL..The Comment was About Morals... And You came up with Healthcare...You surely can't defend Your Stance that's why looking for other things to Defend

@dxelson

3 жыл бұрын

Europe is not a country

@Multi407D

3 жыл бұрын

@@IncaWarrior. They talk shit, and completely neglect the immense amounts of American support (mostly during the cold war) which allowed their system to exist. The US is the reason why the Euro exists, and the Europeans used the currency to try to displace American influence. The embodiment of "biting the hand that feeds you". IMO, the US should leave NATO, make some popcorn and watch Germany V Russia 2.0 electric boogaloo.

I still have money in my Swiss bank account but they are not nearly as secretive as they used to be.

@VanquishMediaDE

3 жыл бұрын

I would recommend putting your money in a Swiss bank account, Cayman Island bank account, Singaporean or Taiwanese bank account. But the reality of it is it is getting increasingly more difficult to hide your money so that way your government cannot tax it. Before you know it they will tax the damn air we breathe!

@kangarookids7497

3 жыл бұрын

@@VanquishMediaDE Actually , they are now trying to tax sunshine, you know phony " climate change" threats.

After watching videos on Switzerland, I also feel rich!!!

1:57 how do you go that far to tax someone

Switzerland and the UK Should start their own free trade area. It should include all non-aligned states. Free independent trading countries working together .. not imposing laws on each other...