Swiss people hate their chocolate currency When in panic and recession, people invest in the Swiss franc It is considered a safe heaven asset because it is very stable But this stability comes with a price Having a strong currency, hurts the local exporters They have to pay a lot to produce and receive little because of the exchange That’s why Rolex is so expensive No, I am kidding. Nobody knows why... ( read more )
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This Currency Is TOO Strong 💪 The strength of a country's currency is usually seen as a sign of economic stability and prosperity. However, when a currency becomes too strong, it can have detrimental effects on a nation's economy. In recent times, there has been growing concern about certain currencies that have become excessively strong, ...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)