Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Swiss topple U.S. as most competitive economy: WEF

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Sven Egenter Sven Egenter
Reuters
Tuesday, Sept 8th, 2009

Switzerland knocked the United States off the position as the world’s most competitive economy as the crash of the U.S. banking system left it more exposed to some long-standing weaknesses, a report said on Tuesday.

The World Economic Forum’s global competitiveness report 2009/2010 showed economies with a large focus on financial services such as the U.S., Britain or Iceland were the losers of the crisis.

The U.S. as the world’s largest economy lost last year’s strong lead, slipping to number two for the first time since the introduction of the index in its current form in 2004.

“We have been expecting for some time that it may lose its top-position. There are a number of imbalances that have been building up,” said Jennifer Blanke, Head of the WEF’s Global Competitiveness Network.

Full article here

Swiss topple U.S. as most competitive economy: WEF  270809banner

This article was posted: Tuesday, September 8, 2009 at 10:31 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.