Jan-Egbert Sturm is the Director of the KOF Swiss Economic Institute at ETH Zurich and one of Switzerland’s leading macroeconomists.

In this episode, we explore how Switzerland is navigating an increasingly unpredictable global economy. Jan-Egbert explains how resilient the Swiss economy really is, why Switzerland was hit so hard by recent US tariffs, and what early effects Swiss exporters are already seeing. We also break down the global debt landscape, why some countries can sustain extremely high debt while others cannot, and what rising debt levels mean for the Eurozone. Finally, we look at Switzerland’s long-term challenges, including a declining birth rate, an aging population, and whether the Swiss franc can become too strong for its own good.