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Re:Living in Switzerland ruined me for America and its lousy... by komali2 on Sunday June 16, 2019 @02:34PM (#20197112)
Reductionist question.

If you're goal is to get someone to "admit" that a software engineer can get paid more in San Francisco than Switzerland, I guess you've won your argument. You can still tell yourself America is the Best Country in the World™.

But as the article indicates, the net worth of the average Swiss is twice that of the average American. The Swiss have found a way to leverage a higher tax rate to less out of pocket cost for their citizens. So you get 20000$ more bucks a year as an American, and then you go ahead and spend it on health insurance or driving a car everywhere.

Re:Living in Switzerland ruined me for America and its lousy... by geff82 on Sunday June 16, 2019 @03:06PM (#20197265)
Besides San Francisco and New York I also think that the average software developer gets paid a lot more in Switzerland, especially tons more than in surrounding countries. The only caveat is that you are usually expected to speak German and/or french (there are jobs without that requirement, but one of those two languages will really make your life a lot easier).
Re:Living in Switzerland ruined me for America and its lousy... by hollerith on Sunday June 16, 2019 @03:06PM (#20197270)
I never claimed that America is the Best Country in the World™. In fact, I'm participating here because I'm living in the US and considering a move.

Net income is a better measure than net worth, and net income is higher in the US than in Switzerland -- both in absolute terms and relative to the respective cost of living.

Why is net income a better measure? Well, for one thing, if a country's economy is in danger of imploding and people can guess that that is so, they'll start saving more money. Living from paycheck to paycheck is irrational in any country, but it is less irrational the stabler the government and the economy of your country.

Lack of stability or more precisely the perception thereof is part of the reason personal savings rates are higher in China than in the US for example.

Re:Living in Switzerland ruined me for America and its lousy... by komali2 on Sunday June 16, 2019 @04:06PM (#20197602)
This is the first time I've heard that the reason Americans aren't saving money is because of their confidence in the USD. Typically the reasons are that they can't afford their healthcare or housing costs, or are just financially illiterate.

If I wasn't confident in my currency, why would I save in it? The collapse of my government destroys my investment at the same time.

Re:Living in Switzerland ruined me for America and its lousy... by hollerith on Sunday June 16, 2019 @08:11PM (#20198767)
I refer not to confidence in the currency, but rather confidence in their ability to remain employed.