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

Aug 19, 2011 6:28 PM

NPR: Planet Money Podcast

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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.
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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.

www.npr.org/planetmoney

 
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