Swiss Homeowners Most Indebted in World

February 23, 2013

  by Roberta Murphy Would you believe that Swiss homeowners are sitting on a “mountain of debt” and that the Swiss National Bank claims that mortgage credit now represents 103.6 percent of Switzerland’s Gross Domestic Product or GDP? The Swiss are only outdone by the Netherlands  with 107.1,  according to SwissInfo, who also report that other heavy debtors include the United States at 76.5 percent and Spain at 64. The…

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Luxury on Ice: Iglu-Dorf

by Scott Murphy I grew up in the mountains at Big Bear Lake and spent many winters building igloos. Behind all the effort was the dream that I would one day get to sleep overnight in one of these icy creations. It now appears someone in Switzerland has beaten me to the punch. Perched 8,500 ft in the Swiss mountains above 5-star resorts sits Davos, Switzerland. Here one will find…

January 31, 2009
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