Geneva introducing a minimum wage of $25 an hour

Switzerland is an expensive place. PPP adjusted it probably ends up being ~$15/hr, similar to Seattle, etc.

When I was backpacking in Europe, on a budget, Venice felt expensive (I had gone there for Biennale; also the city was nothing like I'd imagined from those films). Anyway, for me and my home currency everywhere was expansive in Europe, so what I mean is Venice felt particularly expansive.

Then, tumbling around, one day I ended up in Switzerland. You've got to use up that rail pass after all. I left Switzerland within a a day. It felt too artificial and out of reach (maybe that's why too artificial) for me. Maybe I didn't go to the right places or with the right budget. Left Switzerland aside for when I will be filthy rich.

This is a totally dishonest way to frame this. The conversion rate between the two currencies is not the meaningful metric, it's the purchasing parity.

Junk, click bait, economics.

Geneva companies might have to brace for the hit to profit margins: https://www.researchgate.net/publication/30522170_The_Impact...