Friday, 16 January 2015

The adverse impact of SNB's break up with Euro

     30% currency appreciation  in just one day!!!!! it is not just amazing but just unprecedented  I don't need to tell you that I am talking about Swiss currency.Imagine being told overnight that you now owe 30% more on your mortgage and your monthly payment also increased accordingly. This is exactly what happened to perhaps a few million people in Europe, especially in the East-Central part of the continent....Read More...
     

No comments:

Post a Comment