Story at-a-glance
- Switzerland was involved in laundering hundreds of millions of dollars in stolen assets and actively supported Nazi economic interests during and after WWII
- Millionaires and billionaires flock to Switzerland to stash their money, lured by the anonymity and safety that Swiss banks promise
- Each year, the world’s elite descend upon Davos, Switzerland, as it’s the location of the World Economic Forum (WEF) annual meeting, also known as the Davos Forum
- The Washington, D.C.-based World Bank Group and the International Monetary Fund (IMF) were founded at the Bretton Woods conference in 1944
- While the front of these institutions appears to be investments in social infrastructure — schools, health systems, drinking water, sanitation and environmental protection — at the foundation is a move for ultimate control
- A parallel line can be seen among what’s happening with these U.S. institutions and what’s occurring in Switzerland, and it’s all about controlling the money
Switzerland is supposed to be a neutral country, but serves as the banking epicenter for the mega-rich. It’s also home to the global and regional headquarters of more than 850 international companies, including Biogen, Caterpillar, Dow, DuPont, Google, IBM, Johnson & Johnson, Mondelez, Procter & Gamble and more.1
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