Switzerland - The Land of the Rich & Home of the Bank?: Banking In Switzerland

Switzerland, despite lacking natural resources and easy trade access, boasts a high GDP per capita. Unlike resource-rich Norway, Switzerland's wealth stems from its banking system, known for secrecy and neutrality. This reputation dates back to 1713 when Geneva's Great Council protected financial privacy, appealing to European royals. Switzerland's neutrality and banking secrecy have become national cornerstones, akin to the USA's Second Amendment. These principles have significantly influenced the country's prosperity and global standing.

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