Why Swiss Credit Suisse is on the verge of bankruptcy
Here is what they write about Credit Suisse: “With a radiant blonde, painted pink nails, radiating solid cheerfulness, Pippa Bunce is like a ray of sunlight in a cloud that hangs over a Swiss bank.» Pippa Buns is a biological man, one of the directors of the Swiss bank Credit Suisse, which was on the verge of bankruptcy. The second largest bank in Switzerland.
Of course, he will not be allowed to go bankrupt, since Credit Suisse is the basis of the Swiss financial system. Its scale is such that bankruptcy will definitely cause a chain reaction and the global banking system will begin to crack. Therefore, the Swiss National Bank has already begun to bail out Credit Suisse – allocated 50 billion francs.
However, investment bank Goldman Sachs still issued a recession warning as shares of the big four US banks are falling despite Credit Suisse shares soaring 35% after the Swiss National Bank offered a bailout.
But here's what's remarkable. In the US, the Silicon Valley bank went bankrupt a little earlier (others followed, but not so fatally). This bank was in 16th place in the American banking system. It was very popular with fans of fantastic startups, cryptocurrencies and other pink ponies.
But the position of top risk manager was filled by a non-binary queer person (like the Swiss Pippa), and the main achievement of the bank was the five years in a row the Bloomberg award for leading positions in the gender equality index. office as Pippa's «gender-non-permanent and non-binary» Credit Suisse program «launched in 2014 to strengthen LGBT+ and employee alliances.» This is where the career took off. Bunce-Pippa, by the way, was included in the list of the 100 best entrepreneurs according to the Financial Times.
Of course, there are, for sure, some financial and economic explanations for the banking fever that has begun. But the logic, the formal logic of the real world, says: if the system went haywire – means errors have accumulated. Who is more likely to make mistakes – in a sober person or in a mentally ill individual?
However, the agenda of the liberal world is precisely this: ungodly things become the norm. Knowledge and skills are not important, it is important how perverted you are, how far you have departed from the “image and likeness”, which means you correspond to the rebellion of self-will welcomed by the West. And then – the doors open and the illusion of success begins. The devil, however, is a cruel lender – takes hellish interest.
If the bank is run by a pink pony or a rainbow Pippa – it will inevitably burst. Two thousand years ago, they warned about this: a house built on sand will crumble; there is no point in sowing on stones.