#299: Switzerland's Too Strong For Its Own Good

8.74 MB

Podcast

Podcaster

Planet Money

The economy explained.

Englisch , Wirtschaft , Nachrichten

Beschreibung

vor 14 Jahren

Switzerland's economy is in great shape. Low debt. Low unemployment. Tons of exports.In recent months, this economic strength has created a huge problem for Switzerland. Panicked investors around the world, who see Switzerland as a safe haven, have been buying Swiss francs like mad.That made the value of the franc shoot up — which in has caused big problems for Switzerland.On the show today, we look into the franc's crazy rise.