Is Swiss Banking a threat to world peace?

If Swiss banking is destroyed, the world can live in peace

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Do you think Switzerland is responsible for crimes and terrorism in the world?

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If Swiss Banking system is destroyed, the world can live in peace

The Federal Palace, seat of the Federal Assembly and the Federal Council.
The Federal Palace, seat of the Federal Assembly and the Federal Council. | Source

If Swiss banking system is destroyed, the world can live in peace


Even Adolf Hitler did not attack Switzerland

Once upon a time, Switzerland was viewed with respect. It was a land of serene beauty and good people graced all the important posts. Swiss banking and also Swiss watches were world famous. Tourists flocked Switzerland. Many United Nations Organizations’ headquarters were located in Geneva. During the World Wars, Switzerland took a neutral stand and even Adolf Hitler did not attack Switzerland.

Caesar’s wife should be above reproach

But today that image is fast changing. Swiss Central Bank head Philipp Hildebrand resigned from his post after the breakout of a scandal. The scandal was related to foreign exchange trades by his wife. Caesar’s wife should be above reproach, so goes the adage. But here the Central Banker’s wife Kashya profited after purchasing $504000 in last August. The dollar rose significantly after intervention by the Central Bank to halt the rise of the Franc, thereby giving good profit to Kashya. The media took up this issue seriously and it has cost Philipp his prestigious job.

Italian company roping in a Swiss company in India

The relations between India and Switzerland are growing. Swiss company Kuehne + Nagel which is engaged in freight forwarding business will be managing the complete warehousing operations of Bonfiglioli, the Italian company. Where does India come in the picture? Bonfiglioli is putting up an assembly unit plant near Chennai. This is a classic example of a multinational company roping in an overseas firm to act as its third party logistics service provider.

If Swiss Banks are destroyed, criminal and terrorist activities will come down

Switzerland’s anonymous numbered accounts and secret banking services have attracted illegal money from throughout the world. India ranks number one in this regard. Indian politicians loot public wealth for an amount estimated at not less than Rupees two lakh crores (nearly $50 billion) and deposit the money illegally in Swiss banks. Criminals find Switzerland as a safe haven for their activities. Swiss government directly and indirectly encourages criminal activities throughout the world. Switzerland earns much wealth because of the crimes committed in the rest of the world. In other words, if there is a rogue nation in the world, it is not Pakistan or North Korea or China or Iran, but it is Switzerland. In fact, if Switzerland is attacked and its banking system destroyed, many of the criminal and terrorist activities in the world will come to a stop and the world will live in peace. Today Switzerland is living in peace and the rest of the world suffering. Swiss banking system can be destroyed only by an outside attack on that country as one cannot expect Switzerland to destroy its own banking system.

The treaty will not cover past acts

Swiss banks say that they are ready to reveal the names of the customers who have got illegal money in their bank accounts. But countries like India are not soliciting this information because the ruling party Congress is involved in many scams and its leaders have deposited their ill-gotten wealth in Swiss banks. But countries like USA are availing the service and are pressing Swiss authorities to disclose more details. Revised tax treaty with Switzerland will enable India to seek specific information on illegal funds. But this treaty will not cover the past and so the existing politicians can escape scot free. Switzerland has also rejected the bid to ban investment banking. Swiss lawmakers in their Lower House of Parliament endorsed the proposals to curb risk-taking activities at UBS AG and Credit Suisse Group AG, Switzerland’s biggest banks.

Swiss franc cannot replace dollar as the world currency

Swiss Franc is overvalued and is posing acute threat to the economy of Switzerland. It also carries the risk of inviting deflation. Earlier when the US economy suffered because of the downgrading by S&P along with European economy because of the debt crisis, it was thought that Swiss Franc could serve the purpose of the world currency and could replace the US dollar over a period of time. But many analysts pointed out that the Swiss economy itself looks strong only because of the ill-gotten wealth from criminals, this proposal was abandoned.

Looted money will not come back to India

India and Switzerland are to sign a Free Trade Agreement (FTA). This treaty may be signed along with the revised bilateral double taxation avoidance treaty. The treaty was expected to come into effect from October last year after Switzerland ratified it. But all these treaties are just to fool the public. The politicians, business people, criminals, bureaucrats and the Judges are not going to return the already looted money to the public.

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Comments 11 comments

Josak profile image

Josak 4 years ago from variable

if you destroy switzerland other countries will step in to take its place because it is financially beneficial, there are allready several other countries that do similar things (such as the Caiman Isands) all you will acomplish the deaths of many innocents.


ramkimeena profile image

ramkimeena 4 years ago from India Author

Switzerland is the only big nation to do such activities. Other nations doing similar activities are all only small island nations which can be destroyed easily provided there is a will. By the way I did not mean killing the innocent Swiss lives by saying it should be destroyed. I only meant that the criminal activity of Swiss government should be destroyed!


snakeslane profile image

snakeslane 4 years ago from Canada

Hello ramkimeena, while I found this article very interesting, I was also taken aback by the wording ie. that Switzerland should be 'destroyed'. I didn't think that you were talking about all out war, but it is a strong word and could easily be misinterpreted. I was really happy to see your comment just now. Regards, s lane


ramkimeena profile image

ramkimeena 4 years ago from India Author

Thank you snakeslane for your comments. I only wanted to focus on the truth that while many commentators criticize countries like Pakistan, Iran and China for their criminal and terrorist activities (rightly so), nobody even talks about Switzerland. Switzerland is the root of all evils in the world. The Swiss government, the banking system and other administrative system in Switzerland should be destroyed. It will be even more nice if USA attacks Switzerland and takes over it. But I do not want innocent citizens in any country including Switzerland to suffer.


snakeslane profile image

snakeslane 4 years ago from Canada

Hello ramkimeena, yes I understand that now from your comments, but your title and sub titles are saying something else. I think this choice of words 'If Switzerland is destroyed' is misleading and will throw a lot of potential readers off. It sounds, from your comments, what you are trying to say, and the question you are really asking is 'Are Swiss Banks a Threat to World Peace?' Or 'Is Switzerland a Threat to World Peace? Similarly your poll title could be, 'Do you think Swiss banks are responsible for terrorism etc.

Following the poll you have repeated the original misleading title again twice. In the fourth paragraph you repeat it again. Also in the fourth paragraph you write: "If Switzerland is attacked and destroyed...terrorist activities will stop..." Here you've even added the word "attacked". If this is not what you meant to say it is easy to fix by editing. s lane


snakeslane profile image

snakeslane 4 years ago from Canada

If the orignal title is what you meant to say, I am curious how you think this could happen without harming innocent people?


ramkimeena profile image

ramkimeena 4 years ago from India Author

Hello snakeslane, I thank you so much for your interest in taking time, reading it and suggesting very useful suggestions. I have now changed the misleading title and also incorporated suitable changes in the fourth paragraph of the article. Once again I thank you so much. Best wishes to you.


snakeslane profile image

snakeslane 4 years ago from Canada

You are very welcome ramkimeena. I am pleased that you could relate to the suggestions I offered. I trust this has not diluted the urgency of the situation as you see it.


snakeslane profile image

snakeslane 4 years ago from Canada

I'm back ramkimeena. I see you've left three subtitles with the original story title. (Above the video and under the poll capsule and in the photo capsule.) I'm still getting the same message. Sorry to be so critical of your choice of words.


ramkimeena profile image

ramkimeena 4 years ago from India Author

Thank you snakeslane, I am sorry that I missed the subtitles while correcting. Now I have rectified the same. Thank you once again. Best wishes to you.


snakeslane profile image

snakeslane 4 years ago from Canada

Hello ramkimeena, I was wondering if you seen the movie "Let's Make Money" about the world financial situation? It is a full length movie you can watch on You Tube. I didn't want to leave a link, but I could if you can't find it.

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