Goldman Sach says record profit because wages too low

Re: Goldman Sach says record profit because wages too low

Postby eynon81 » Sat Feb 21, 2015 10:52 am

The Dharma Bum wrote:the weird thing is i just reviewed that post today because i referenced that article about GS somewhere else


I'm just about ready to wage war against them. sadly they control the United State government so that could get a bit tricky.
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Re: Goldman Sach says record profit because wages too low

Postby spacemonkey » Sat Feb 21, 2015 12:52 pm

eynon81 wrote:crap job market.

over-abundance of labor.

And the govt plan is to add about five million more cheap laborers. But first, most will be hooked up to welfare, then have to learn English. **==
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Re: Goldman Sach says record profit because wages too low

Postby Kane » Mon Feb 23, 2015 5:11 am

Wal Mart is changing it up....they're upping pay to employees even as their market share growth in the US has stagnated.

If Wal Mart is doing this...then it has begun. Consumer driven stores are finally realizing that in order to sustain growth at home they have to pay their employees more. What's potentially driving this? A rising dollar.

This is just the beginning.
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Re: Goldman Sach says record profit because wages too low

Postby Saz » Mon Feb 23, 2015 5:30 am

Kane wrote:Wal Mart is changing it up....they're upping pay to employees even as their market share growth in the US has stagnated.

If Wal Mart is doing this...then it has begun. Consumer driven stores are finally realizing that in order to sustain growth at home they have to pay their employees more. What's potentially driving this? A rising dollar.

This is just the beginning.


You should make a post about the strength of the dollar. If possible, highlight the American consumers enhanced ability to BALL OUT in other countries.
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Re: Goldman Sach says record profit because wages too low

Postby Kane » Mon Feb 23, 2015 5:51 am

No joke - a doctor I know has a son looking to relocate into Europe for a while. The kid wants to do a stint abroad at school - I told him he should definitely do it. The Euro has space yet to fall once Greece is resolved. Europe may soon be awash with Americans. This would be a net positive for everybody as it provides growth in Europe and helps US consumers to recover.

This still might turn out to be the Chinese Century (If they ever decide to truly liberalize their economy) but the coming decade for the US looks....pretty damn promising. Get a competent President in 2016 and we have a lot going for us. Now we just need a f**k legislative body.
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Re: Goldman Sach says record profit because wages too low

Postby eric » Mon Feb 23, 2015 9:00 pm

spacemonkey wrote:
eynon81 wrote:crap job market.

over-abundance of labor.

And the govt plan is to add about five million more cheap laborers. But first, most will be hooked up to welfare, then have to learn English. **==


Doing shit that nobody wants to do.
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Re: Goldman Sach says record profit because wages too low

Postby Kane » Tue Feb 24, 2015 3:51 am

eric wrote:
spacemonkey wrote:
eynon81 wrote:crap job market.

over-abundance of labor.

And the govt plan is to add about five million more cheap laborers. But first, most will be hooked up to welfare, then have to learn English. **==


Doing shit that nobody wants to do.


Doing shit that nobody wants to do at that wage.
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