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Swiss Franc exploding!

Hi Collectors,

I just saw that the Swiss franc has literally exploded in value. Up 25% against Euro within an hour or so this morning.
This is scary to me and shows that turmoil on the international financial markets seems far from easing down. First the drop of oil prices by 40-50%, then the Russian currency down 30-40%

Good if you own a house in Switzerland of course, but what is this going to mean for the famous swiss watches incl. TAG Heuer, and maybe also Heuer pieces, cost for service etc.

What is your opinion. Is this good or bad? Another recession coming up? Or ( hopefully not) worse?

I know, this is not a real Heuer subject but it will also involves us as collectors.

Cheers
Ron

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