Monetary Tsunami In America!!

subbie writes:The guy's a scam artist, and the fact that you fall for his line of bullshit says more about your intelligent than anything else you've ever done here.

jar writes:Someone has to be really really stupid not to notice that the very folk that see the dollar as becoming worthless are also the very folk that are happy to take those soon to be worthless dollars in exchange for what they claim will be the only things of value.

fearandloathing writes:You can buy gold, I'll spend my money on dried foods and ammunition if I want to plan for future, me thinks they might be more valuable than gold, at least to me.

Since the US government has no money, where would they get it from?I know of only two sources.They could raise taxes.Or they could continue as they have over the last 2 years and borrow it from anyone willing to lend it to us.

crashfrog writes:The only way the US is going to get a handle on its debts is when the economy starts growing again, and the national debt becomes less and less of a fraction of GDP.The only way out of debt for a government is to grow its way out. You can't model a nation's economy as a function of kitchen table finances.

crashfrog writes:Besides the fact that they're unfair, racist, deeply punitive, counterproductive, and meant to stop a "problem" that doesn't exist (supposed economic "losses" from low-skill immigration)?

jar writes:That still offers no support for your assertions.You present no evidence that they are illegal.They do not effect your jobs.No one is competing for those jobs.

crashfrog writes:You don't think 12% unemployment (or higher) has something to do with it?

Supermarket Employment: Good Jobs at Good Wages? writes:As the service sector has come to account for most U.S. employment, researchers are
asking whether service jobs can provide the livable wages and security that manufacturing jobs
have in the past, particularly for workers without post-secondary education. This paper
addresses that question by presenting a case study of a unionized supermarket firm,
supplemented with industry data. The findings are that the supermarket industry has changed in
the past several decades: while it once provided full-time, well-paid jobs, the majority of workers
now hold part-time, low-wage positions. This change is due to increased competition and de-unionization within the industry(...)One employee we interviewed said that when he was hired in the 1970s,
his friends were envious, because You started at big money.According to wage data supplied by Giant, a full-time food clerk with six months tenure who was hired prior to 1979 was earning $10 an hour (not adjusted for inflation). (...) Still, the blame does not all go to the company; more and more workers are seeking immediate gratification instead of being willing to wait a number of years to be promoted. The part-timers aren’t looking at supermarket jobs as potential career jobs.

jar writes:HUH?Commodity prices are going up.Where is the tsunami?

jar writes:HUH?What percentage of the cost of food is directly related to gasoline?Figures please.