A Swiss speaking up here. Switzerland economy is competitive because economy is very tough here due to the high Swiss Franc. Even local businesses compete with

A Swiss speaking up here. Switzerland economy is competitive because economy is very tough here due to the high Swiss Franc. Even local businesses compete with abroad. In Basel for example there's a tramway which crosses the border to Germany. Just behind the border there's a row of malls. It's crazy. In other words, companies need to be exceedingly efficient, i. e. competitive, to survive. This has been this way as long as I remember, that means for at least thirty years. And the hostile environment has only exacerbated massively in the last five years.