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Why Switzerland Stays Out of Every War

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Europe went to war in 1914 and again in 1939. Switzerland stayed out both times, and became one of the richest countries on Earth. Is neutrality a moral choice, or the best business plan ever written? We follow the money from Swiss mercenaries and the Congress of Vienna to the National Redoubt, Nazi gold, bank secrecy, the UBS scandal, and the commodity traders of Geneva and Zug. Then we look at what happened when Russia invaded Ukraine, and open the ledger: who profits from neutrality, and who pays. Pause and guess along the way. There are two questions in this video. Chapters 0:00 Europe at war, Switzerland at peace 0:39 Mercenaries for hire 1:16 Napoleon and the Congress of Vienna 1:53 Neutral is not unarmed 2:47 Gold, francs and the war economy 3:52 The vault 4:59 Oil, grain and gold: the traders 6:01 Neutrality hits a wall 6:57 The room everyone can walk into 7:43 So... who really profits? Market shares of commodity trading are estimates and vary by source and year; figures are rounded in the video. #Geopolitics #Switzerland #Economics

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