The Matterhorn, Nestlé Chocolate, and a long-standing history of neutrality, Switzerland has it all. However, the Swiss were too busy enjoying all those comforts and fell asleep at the wheel for the past few decades…
Since the Cold War, Switzerland has assumed that its stockpile of weapons and insulation provided by the EU would protect them. With the Ukraine War creeping closer, the Swiss are realizing much of what they’ve relied upon has been eroding. Their military is weak, banking secrecy has collapsed, trade competitiveness has suffered, and now Trump tariffs are crippling industry.
The Swiss have a couple paths forward, but all options require them to abandon some core component of their belief system (or face economic decline).
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