Open thread to discuss what happened to the land formerly known as the Western Shangri La.
- Delinked from gold in order to join the IMF and settle Nazi-era court cases.
- Caved to the IRS and the Germans on withholding tax information on expats.
- The SNB continues to sell gold in accordance to the Central Bank Gold Agreement.
- And now they are intentionally devaluing their currency.
What are they drinking over there? Got bored of eating cheese and chocolate on the Paradeplatz?