What is the story as well as how did it devolop in to such the pacific , neutral banking center?
How did it stay neutral for so long?
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http://history-switzerland.geschichte-schweiz.ch
This site provides very comprehensive information.
Megapolitical reasons.
Firstly I would guess its natural geographical advantages… its up high… with many high passes for an enemy to negotiate… which are easier to fight down from. Going back in time (pre-gunpowder) Enemy would have to war upwards, and its such a superior advantage for the defenders.
I think this is partly the reason the small country/repuiblic of San Marino… inside Italy.. stayed independant… their enemies couldn’t conquer them fully cause they were so high up.
Also I would guess the Swiss showed they could be trusted… whilst also the fact their natural geographic surrounding made the country strong and easier to defend against an enemy made attractive place for the wealthy to store their money/gold ect for savings, commerce and trade.
Switzerland is still neutral. It is also a country without much in the way of natural resources, so they had to import raw materials, which is how they got into the manufacture of watches and precision medical instruments. High return for a minimum of raw materials. Geographically well placed to deal with European neighbours, – Germany, Austria, Italy, France.
Mainly by staying neutral in both World Wars. This enabled Switzerland to lend money to all of the participants, mainly in Europe, and so become rich. Wise move I think.
I am a Swiss citizen and Iam not proud of her richness. We got rich through Nazi Gold. During Hilters Nazi , Jews deposited lots of money and high value paintings in Swiss Bank Vaults. Afters millions of Jews were executed, the Shameless Swiss Bankers asked the relatives for a death certificate to claim the money . unfortunately and obviously Hitler did not give out death certificates of mass gasing.So all those money and valuable Swiss government and bankers never gave it back.or lets put it the way bankers say , it was never claimed. And also due to banking secrecy lots of currupt Leaders of developing and developed nations deposit money here. I believe people you steal and people who assist these people to hide their stolen money are equally crimnals. Its a shame and there is lots of blood on Swiss hands. ANd we new generation are not proud on our past and we will protest or are prosting it. ( sorry for my english, not my first language)