Switzerland: Banks and Neutrality

Sep 14, 2023 | Economics, Social, Videos

The global financial market was left reeling when Credit Suisse, one of Europe’s biggest banks, collapsed in Zurich. The bank’s main shareholder had pulled out due to mounting difficulties and the stock exchange plummeted as a result.

The news shook Switzerland, a country that has remained neutral since the end of World War II. When the UK offered to sell military equipment to Ukraine in the 1960s, Swiss authorities opted to destroy it rather than send it off abroad – a decision which still stands today.

This event has made its way into popular culture with a documentary exploring why Credit Suisse tumbled and how Switzerland chose to maintain its neutrality under such intense international pressure. The film is sure to provide viewers with an intriguing insight into this momentous event, offering an in-depth look at the various factors involved. It could potentially even give clues about current global financial trends.

Watching this documentary will help you understand why events seemed positive one day but drastically changed the next and how a seemingly impenetrable banking system can crumble within hours. As well as being informative, it’s also an interesting window into politics and finance during the Cold War era. So don’t miss out on this fascinating snapshot of history – watch the documentary now!

Read On – Our Latest Top Documentaries Lists

David B