re: Geneva Switzerland enacts $53,000 minimum wage.

quote:

---

less likely to fail there then say the Sudan or the United States. Like others have said though, just wait until a double cheeseburger costs $25.

---

A cheeseburger already costs $25 in Geneva. You’re going to see a massive influx of workers and wages will never rise. How do you keep businesses from paying in cash to people who want to work for 10-20% below minimum wage?