“Switzerland has been corrupted and compromised, its no longer the financial stronghold it once was, this is not new, its been this way for the past decade, the have become almost another European country, on the road to a third world country, which will erode any trust there could have ever been in its banking sector. Singapore has and will continue to replace it as the financial center when big money looks for a better alternative.”
In plain termsSwitzerland's status as the world's premier wealth-management center erodes on collapsing trust, while Singapore captures the outflow of global private capital and becomes the dominant offshore financial hub.
