Swiss slide into deflation signals next chapter of crisis (unemployment, economy, country)

[SilverOne]

Swiss slide into deflation signals next chapter of crisis

By Ambrose Evans-PritcharThe Telegraph,
London
Sunday, April 5, 2009
http://www.telegraph.co.uk/finance/c...al-crisis.html


Watch Switzerland closely. It is tipping into deflation, the first Western country to succumb to Japan's disease.

[ViewFromThePeak]

Originally Posted by SilverOne

Swiss slide into deflation signals next chapter of crisis

By Ambrose Evans-PritcharThe Telegraph,
London
Sunday, April 5, 2009
Swiss slide into deflation signals the next chapter of this global crisis - Telegraph


Watch Switzerland closely. It is tipping into deflation, the first Western country to succumb to Japan's disease.

Deflation can be good for an economy.

Japan has less than 4% unemployment and goods are getting cheaper on a daily basis. Great thing for savers.

[doc1]

Originally Posted by ViewFromThePeak

Deflation can be good for an economy.

Japan has less than 4% unemployment and goods are getting cheaper on a daily basis. Great thing for savers.

I've been stockpiling cash for some time. I look forward to blowing some.