The price of a Big Mac is now $17.19 in Zurich
Just a quick thought on a ridiculously volatile day:
One of the things that people pick up on very quickly as they travel are how different price levels are around the world. I’ve been to roughly 100 countries, and I still find it amazing how much variance there is among things like food, property, and entertainment prices.
There are certain places– Cambodia, Ecuador, Tanzania– that are so jaw-droppingly cheap that it almost seems unreal. And you wonder how these people could possibly ever survive if they came to your country.
Well, the United States has just joined this proud cadre banana republics… at least if you’re from Switzerland.