A disaster for Switzerland of course, but someone has to do the experiment.
The best case scenario is a massive increase in cost of living, more likely is a huge increase in imports (since they are cheap now), together with a drop in exports (since no one can make anything affordable). That's not a good position for any country.
But, maybe I'm wrong, that's why I kinda hope they do the experiment.
http://en.m.wikipedia.org/wiki/List_of_minimum_wages_by_coun...
This is the case in Switzerland, for example if you work in restaurant the minimum salaries are fixed, with a starting salary of 3600CHF/month if you don't have any diploma (http://www.gastrosuisse.ch/dbFile/282084/Salaires_minima__CC...).
I absolutely do not think so. Social justice is already excellent (compared to places like the US), wages have already a certain level allowing for an OK life (so not a lot of jobs would have to be cancelled due to higher pay), but it can definitely still be improved.
I mean, you could drop a ball and have it fall upwards, too.