Swiss Finance Minister Karin Keller-Sutter said that the debt of the United States (U.S.) and Europe is a risk for Switzerland and the rest of the world.

In an interview with the Swiss newspaper Blick, she praised Switzerland’s “disciplined” finances, which she believes have enabled the country to cope with economic challenges due to the coronavirus pandemic and Russian aggression against Ukraine. On the other hand, according to her, other states are so indebted that they can hardly act. She pointed out France as an example of this.

“Or, look at the U.S. It’s a ticking time bomb….