[CaptainZapp]

> 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).

[0] https://home.treasury.gov/policy-issues/tax-policy/foreign-a... [1] https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...

[delaminator]

> because they said something nasty about Mr. Trump

Well that's outrageous, I'm sure you've got a list of such people ready to tell us about it.

[627467]

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