The Swiss Franc Shock 2015: How ONE Decision Destroyed Billions in 15 Minutes
On January 15, 2015, the Swiss National Bank shocked the world by removing the Swiss franc currency peg without warning. In just 15 minutes, the franc surged 30% against the euro—one of the most violent currency moves in history. Forex brokers collapsed, hedge funds lost billions, and hundreds of thousands of regular people across Eastern Europe saw their mortgage debt explode overnight. Polish families who borrowed in "safe" Swiss francs woke up owing 20-30% more money. FXCM needed a $300 million bailout. Alpari UK went bankrupt instantly.
This video breaks down exactly what happened: why Switzerland created the peg in 2011, how they defended it for four years, what forced them to break it, and who got destroyed when they did. More importantly, this pattern is repeating right now in China,
Hong Kong, and Middle Eastern currencies. Currency pegs always break—the only question is when.
if you want to understand how currency markets really work, why central bank promises can't be trusted, and how to avoid being the next victim when a peg breaks, watch until the end.
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