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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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11637173 No.11637173 [Reply] [Original]

why did a thousand people show up for a job fair for a new supermarket in my town?

>> No.11637187

>>11637173
people looking to get better jobs from the shitty ones they already have?

>> No.11637191

>>11637187
For supermarket jobs?

>> No.11637196

why are kpop posters so retarded and annoying

>> No.11637203

>>11637191
yes, for example, the shittier supermarket job down the street.

>> No.11637213
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11637213

The economy is good...if you’re an investor with lots of capital or lots of property to rent. That’s what they mean by good economy.

>> No.11637258
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11637258

>>11637173
It's good for people with assets - the upper middle class. Everyone else is screwed.

The upper 10% is gauging the rest of the system and passes laws to kick others of the top of the trash heap.

Since 2008 it's much more apparent. They bailed out the creditors, the mainstream got stiffed.

>> No.11637271

>>11637173
The economy is only good on paper. (((Who))) writes the numbers on the paper?

>> No.11637310

>>11637173
more wealth but in fewer hands.
the natural way of capitalism.

>> No.11637317
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11637317

>>11637258
It's also a zero-sum game. In other words for every landlord who is making more money this year there's a guy eating dog food and seeping on cardboard.

Pic related - that's fucking Amazon. Now they pretend to be fucking philanthropists that they tired to unionize. Absolutely fucking disgusting.

>> No.11637348

>>11637258
>>11637317
Wealth inequality needs to be addressed for sure. The republican tax cut did not help. The next recession gonna be ugly as fuck

>> No.11637372

>>11637173
Because you live in a shithole...

>> No.11637419
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11637419

>>11637173
Economy in the usa has improved slightly since trump's tax cuts but it's still close to sub prime crisis levels (when you look stats that are not cleaned for political purposes)

>> No.11637463
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11637463

>>11637348
Before someone starts the partison bullshit - regardless if you vote republican or democrat you will still have a right wind government debasing the currency to colonize some cave men in Afganistan.

The US is maybe a decade away from collapsing like the Soviet Union. Any other place would be bankrupt by now. It's only that burgers hold the reserve currency.

When you order a container of shoes from China you pay them in American dollars. It's the global trading currency. Recently I noticed that Alibaba is now offering to use other (local) currencies to distance themselves from US. EU us also distancing themselves because of the Iran trading dispute.

Funny thing is that Putin and the Chinese, EU are now openly talking about ditching dollar. Gaddafi ended up with a sword up his anus when he tried it.

>> No.11637468
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11637468

In 2013, I showed up once to at least 100 people all applying to the same Taco Bell. You showed up and signed your name on a list, they called you to talk to you for 5 minutes. It was a line out the door, just the most desperate sight you've ever seen.

>> No.11637489

>>11637468
I was once an intern in an unemployment office ant they were photocopying the job offers twice to make the books thicker. In UK they manipulate the unemployment numbers so much that they nearly went negative.

>> No.11637493

>>11637348

Where would you rather live.

A country where every single last person is equal and earns $5 a month.

A country where everyone makes $17,000 a year minimum, $60,000 a year average, and potentially billions of dollars (in a good year) at the very top?

Inequality is highly overrated as any kind of metric, but you're a socialist millennial so you don't understand shit.

Also, the next recession will be rather weak. With the U.S. leaving the world stage, dealing with our country is now a transactional thing. You bring us 500 billion dollars of investment like Shinzo Abe, you're our friends. You ask us for free gibs and to protect your country for free, forever, like Angela Merkel, and we end NATO and hand you a bill.

It's really, really good to be a net oil exporter with a fuck huge blue water navy, and in the least dangerous area in the world in terms of military invasion.

Here's the case for why the U.S. will be just fine in the coming years and why everyone else will burn...

https://www.youtube.com/watch?v=u0eJK4Avk2M&t=2428s

>> No.11637533

>>11637463
Last sentence kek’d me hard. I agree. It’s time to end the dominance of American Empire. It’s long due and this debt madness needs to come to an end.

>> No.11637548

>>11637419

"Unemployment" only measures people on unemployment benefits.

The size of the work force has actually gone up slightly, but what do you expect? The baby boomers retiring will shrink that even further, and that's good for everyone who isn't a boomer or older. Increase demand for workers, cut off supply by lowering immigration, and wages will magically go up. Lower the corporate tax rate and businesses won't feel the sting so much.

>> No.11637584
File: 63 KB, 1225x598, retail_debt.png [View same] [iqdb] [saucenao] [google]
11637584

>>11637493
The pay doesn't matter unless you compare it to the cost of living.

So say in the most retarded place on earth - the UK you pay over half of your wage to your landlord so you can live remotely close to your place of work.


IMHO the thing that will give this time is the retail debt.

>> No.11637602

>>11637584

While that is true, it's also why I gave such an extreme example (which is also realistic when looking at some third world countries). Cost of living will never be so low or high anywhere that $5 a month will get you a decent living standard, and $60,000 means you're homeless and living on the streets eating out of a dumpster. At those numbers, pay *does* matter.

>> No.11637608
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11637608

party like it's 1994