Are the Swiss getting it?

I hardly ever watch the Swiss evening news, but happened to tune in last night, to find, among other concerns a union was demonstrating in an effort to pushing for a minimum wage better than the monthly $3000 the lower paid Swiss workers seems to be getting these days. For comparison, that number in America is just about $1,350 while it's $1,850 in France, about $330 in Brazil and still less than $250 in Russia. While there's no official “minimum wage” in China, the real low monthly wages seem hover around $75.

So it doesn't take a mathematician – which I'm not – to deduct that something will have to give, in a big way for the Chinese and the Indians, among others, to climb up the abyssal hole of salary inequity. My guess is that Western Europe and North America should set their sights to something closer to between $1,000 and $1,500 a month while the BRIC are creeping up towards $500 to $750 and the rest of the world to a level around $250, but that simply is a wild guess of mine. Forget a $3,500 monthly check wished by the Swiss! For big numbers, they should turn to Davos and its extravagant registration fees for a seat at the economic summit, as reported yesterday by the New York Times, but isn't this luxury tourism?