Comment: It is a great, safe,

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It is a great, safe,

It is a great, safe, investment. I myself have nearly 50,000 in CHFs. Be warned though, that since banks over there fractionally bank a lot less (since the ration I think is 60:40), the banks make a lot of their money through fees and service charges. Interest rates on accounts are incredibly low.

Having an account where I can basically do nothing with it (I get a maximum of 3 withdrawals per year, and debit card fees are through the use), I get charged about 400 francs/year. The interest earned on the account is about 450 francs, so I do end up making money though the opportunity cost is high.

Plan for eliminating the national debt in 10-20 years:


Specific cuts; defense spending: