Bloomberg warns US jobless riots

Discussion in 'Economics' started by turkeyneck, Sep 17, 2011.

  1. Take a look at zoning laws and see what kind of jobs you can create. If your business idea creates noise, traffic or dust, forget it, not in my backyard. If your business creates noise, traffic or dust you can locate to an existing mfg zone with environmental liabilities you'll pay to clean up.

    The only business model we got going is creating financial products, stuff we can mfg with paper and pencil, no muss no fuss, nice clean work unfortunatley there's no customers.

    What's good for GS is good for the country.
     
    #71     Oct 4, 2011
  2. You make Bearice sound coherent.
     
    #72     Oct 4, 2011
  3. Yes, you're spot on. A good barometer for just how far we've gone down this "paper pusher economy" is to just run a tally of all of your friends, acquaintances, etc. and note how many are employed either in finance, insurance or real estate.

    2008 was just the opening shot. As far as I'm concerned, the "F.I.R.E. economy" is still completely bloated. There is absolutely no need for the vast numbers of personnel at most of these companies. The QE's bought them a few years, but the time has run out.
     
    #73     Oct 4, 2011
  4. J Ski

    J Ski

    I love the smell of a good riot.
    Clears the air.
     
    #74     Oct 4, 2011
  5. Humpy

    Humpy

    The dummies go out and throw rocks while the more astute fraternity go short a while and pull in the dough !!

    Europe and the USA are just going through a weak patch as others take jobs and markets.
     
    #75     Oct 4, 2011
  6. morganist

    morganist Guest

    If they are rioting because they are unemployed they are not going to have money to make trades.
     
    #76     Oct 4, 2011
  7. Humpy

    Humpy

    Some made a few bucks looting as well, here in UK
     
    #77     Oct 4, 2011