> People in Switzerland and the EU are being de-banked by local banks because of US pressure allowing them to force any bank that wants to use USD
That's not quit accurate.
American citizens will indeed have a very hard time to open a bank account in Switzerland. But the reason is not so much free speech than FATCA (Foreign Account Tax Compliance Act) [0] [1]
The requirements to host bank accounts for Americans are so onerous that banks rather forgo business with such clients than having to deal with the legal mess it incurs.
Another reason for a bank not wanting to deal with customers are if they are on a sanctions list. People winding up on such lists usually don't do so, because they said something nasty about Mr. Trump.
This, alas, may change if you look who got sanctioned in recent times just for raising the ire of the president (such as EC commissioners or ICC judges).
Any sovereign country can come up with whatever sanctions they want. The only reason the US ones have such broad reach particular in Europe is due to Europes hopeless reliance on US financial system, infrastructure and capital. Stop using eurodollar and us debt markets and sanctions would be much less impactful
> we look at Germany trains (and Switzerland trains) as always on time
When taking an international train from Germany to Switzerland, don't count on it that it will run through to the final destination.
SBB (Swiss National Railways) started to block German trains if their delay is more than 15 minutes (so, basically every DB train) and won't allow the train on their network.
This is only peripherically educational. Constantly delayed DB trains completely fouled up the scheduling on the extremely dense Swiss network. So they just won't allow it anymore.
On a sidenote: In 2024 SBB trains were 93.2% punctual. Connectivity punctuality (where you have to catch a connecting train) was 98.7%. A train is counted as punctual if the delay is less than 3 minutes (half the German figure).
> and they were charlatans who wanted funding and hype, or signal how cutting edge they are
Interesting that those same hucksters and shysters who spread the gospel of the blockchain immediately jumped on th AI bandwaggon when this was the shiny new thing.
Or, maybe, 40 years working in IT turned me slightly cynical.
> According to new projections published by Lawrence Berkeley National Laboratory in December, by 2028 more than half of the electricity going to data centers will be used for AI. At that point, AI alone could consume as much electricity annually as 22% of all US households.
It was 'worldcoin'. And yes I used the term 'money' very loosely there.
Apparently the token was only offered in some countries, and in some places where it was offered, that was considered enough of a bribe to render void the informed consent to collect and process private data.
Yeah, I usually don't keep reservations for an entire trip either, just the first couple of days if it's a longer stint. And usually the border people in all the countries I've been -including the US- only care about that, that you will be at least staying at the first place you state. You can change your plans later, that's normal, but given the extra scrutiny now, I'd avoid anything that could give them the chance of prying further.
"Airline travel between Canada and the US is “collapsing” amid Donald Trump’s tariff war, with flight bookings between the two countries down by over 70%, newly released data suggests."
That's not quit accurate.
American citizens will indeed have a very hard time to open a bank account in Switzerland. But the reason is not so much free speech than FATCA (Foreign Account Tax Compliance Act) [0] [1]
The requirements to host bank accounts for Americans are so onerous that banks rather forgo business with such clients than having to deal with the legal mess it incurs.
Another reason for a bank not wanting to deal with customers are if they are on a sanctions list. People winding up on such lists usually don't do so, because they said something nasty about Mr. Trump.
This, alas, may change if you look who got sanctioned in recent times just for raising the ire of the president (such as EC commissioners or ICC judges).
[0] https://home.treasury.gov/policy-issues/tax-policy/foreign-a... [1] https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...
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