Why Fink Says Swiss Avoiding Recession May Be Bad News for Euro
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Larry Fink says he’s worried about a recession in Switzerland. That there won’t be one.
If the export-dependent Swiss avoid a slump after a surge in the franc it would make the idea of surviving an overvalued currency -- and leaving the euro -- a little more conceivable in Germany, according to Fink, the co-founder and chief executive officer of BlackRock Inc. Think Gerexit.