First in England, then beyond, an unfriendly term for the banks in Switzerland as a whole and in Basel, Zurich, Lausanne and Geneva in particular. It is assumed that through dishonest cunning (machinations), the banks in the financial center of London were lured away from international customers from ambush, as it were, through the secret work of gnomes = undetectable earth spirits. – It took a long time for the realization to spread that the providers in Switzerland were obviously better and more responsive to demand – also with regard to tax advice. This is because international financial planners and investors, who are generally very sober in their calculations, do not switch so easily from the English-speaking metropolis of London with its millions of inhabitants to the rather sedate Switzerland. – The broad public in Germany regards institutions in Switzerland as accomplices in the global drug trade and as plotters for tax evasion by the rich in Germany. – See badwill, banking power, bankist, bankocracy, dollar gap, financial capital, financial sodomite, flight money, money people, helvetophobia, high finance, cannibalism effect, account disclosure, shanghaiing, spill-over effect, tax advice, conspiracy theories, interest island.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/