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anyone know why switzerland is the richest country in the world?

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Old 08 September 2005, 07:59 AM
  #1  
mmuuzzzzyy
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Default anyone know why switzerland is the richest country in the world?

Read it last week in a magazine.

Cant seem to beleive that switzerland is richer than america, saudi arabia etc
Old 08 September 2005, 08:00 AM
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Iwan
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Banking/financial institutions?
Old 08 September 2005, 08:16 AM
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imlach
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Define "rich".

Depends how you measure it. Level of state debt? GDP?
Old 08 September 2005, 08:33 AM
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Regacy
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Have you seen the price of cuckoo clocks and toblerone
Old 08 September 2005, 08:37 AM
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Movie rights to the Sound of Music ?


probably got something to do with being neutral in wars - must save a bob or two not invading other countries etc
Old 08 September 2005, 08:45 AM
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DPat
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Think it must refer to average wealth per person
Small counrty, high land prices
Didn't they have all the gold from WW2 in their banks?!?!?
Old 08 September 2005, 08:54 AM
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lightning101
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They have half a percent unemployment and have done for years. They have no national debt, or very little. The cost of living is so high that only the wealthy can afford to live there


IT managers get the equivalent of £230,000 a year wages in some trading floor based organisations
Old 08 September 2005, 08:55 AM
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paulr
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Richer than Monaco?
Old 08 September 2005, 08:59 AM
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lightning101
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Richer than the vatican city ? (which is a country).
Old 08 September 2005, 09:06 AM
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**** gold
Old 08 September 2005, 09:12 AM
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Petem95
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Pretty sure its defined as GDP/population.

I think one of the reasons theyre so rich is unlike European countries they dont lots of immigrants for example, and dont involve themselves in expensive wars etc.
Old 08 September 2005, 09:16 AM
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EVERYBODY (well nearly ) has a swiss watch...lol

all the "off shore" bank accts are usually in Switzerland too, to be fair I dont find it hard to believe.
Old 08 September 2005, 09:28 AM
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Knew I'd seen it somewhere

http://news.bbc.co.uk/1/hi/world/europe/852759.stm
Old 08 September 2005, 03:55 PM
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paulr
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Switzerlan has the most guns per person in the world.

Some cut and paste facts.

"Although there is more per capita firepower in Switzerland than any place in the world, it is one of the safest places to be. To the delight of Americans who support the right to keep and bear arms, Switzerland is the proof in the pudding of the argument that guns don't cause crime."

"Sometimes, the data sounds too good to be true. In 1993, not a single armed robbery was reported in Geneva.
In a word, Switzerland, which is awash in guns, has substantially lower murder and robbery rates than England, where most guns are banned."

Maybe its because they have no rappers
Old 08 September 2005, 04:22 PM
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wrighty69
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It could be down to cheese!
Old 08 September 2005, 04:55 PM
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Fuchsrohre
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As richie says

**** GOLD
Old 08 September 2005, 04:55 PM
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ChrisB
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I was surprised by the amount of graffiti in Geneva when I visited last September.
Old 08 September 2005, 06:58 PM
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P1Fanatic
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Originally Posted by lightning101
They have half a percent unemployment and have done for years. They have no national debt, or very little. The cost of living is so high that only the wealthy can afford to live there


IT managers get the equivalent of £230,000 a year wages in some trading floor based organisations
Strange as when we relocated a dept from Zurich to Amsterdam no one wanted to come. The main reason being high wages in Zurich and very low tax. IIRC they said they pay 12% income tax.

Simon.
Old 08 September 2005, 08:39 PM
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Total GDP per country

1 World $ 55,500,000,000,000 2004 est.
2 United States $ 11,750,000,000,000 2004 est.
3 European Union $ 11,650,000,000,000 2004 est.
4 China $ 7,262,000,000,000 2004 est.
5 Japan $ 3,745,000,000,000 2004 est.
6 India $ 3,319,000,000,000 2004 est.
7 Germany $ 2,362,000,000,000 2004 est.
8 United Kingdom $ 1,782,000,000,000 2004 est.
9 France $ 1,737,000,000,000 2004 est.
10 Italy $ 1,609,000,000,000 2004 est.

CH was no.37


and GDP per capita

1 Luxembourg $ 58,900 2004 est.
2 United States $ 40,100 2004 est.
3 Guernsey $ 40,000 2003 est.
4 Norway $ 40,000 2004 est.
5 Jersey $ 40,000 2003 est.
6 British Virgin Islands $ 38,500 2004 est.
7 Bermuda $ 36,000 2003 est.
8 San Marino $ 34,600 2001 est.
9 Hong Kong $ 34,200 2004 est.
10 Switzerland $ 33,800 2004 est.
Old 08 September 2005, 09:32 PM
  #20  
paulr
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What is GDP per capita?
Old 08 September 2005, 09:48 PM
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per person paulr
Old 08 September 2005, 10:42 PM
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Jaybird-UK
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Originally Posted by paulr
What is GDP per capita?
GDP on a purchasing power parity basis divided by population
Old 09 September 2005, 08:28 AM
  #23  
NotoriousREV
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Forget **** Gold, most of it was Jewish money...
Old 09 September 2005, 08:43 AM
  #24  
DavidBrown
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Originally Posted by mmuuzzzzyy
Read it last week in a magazine.

Cant seem to beleive that switzerland is richer than america, saudi arabia etc
1. Almost no unemployment. If you're an immigrant and can't get work, you're booted out.

2. They never wasted money on an army / wars.

3. The people have a good work ethic, people WANT TO WORK (shock !)

4. Relatively low taxation encourages business to invest there (see #1)

5. **** gold.

I lived there for 4 yrs and some silly laws aside, it's a great clean place to live.

Switzerlan has the most guns per person in the world.
That's a misleading fact. Every several years, men are required to do "national service" (more like a Scout camp !) and they are all issued with a gun they keep at home.
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