Part 8/9:
Switzerland’s continued commitment to neutrality positioned it as a safe haven during and after both World Wars. Its cities remained untouched and unharmed, reinforcing the perception of Switzerland as a secure sanctuary during global conflicts. This reputation enabled the nation to thrive economically while others faced devastation.
In the late 20th century, Switzerland maintained a firm stance against joining supranational entities like the European Union (EU) and the United Nations, reinforcing its nationally prized autonomy. Even with international pressures for banking transparency, Swiss banks remained strict guardians of privacy, further solidifying their appeal among the wealthy.