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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (6633)8/4/2001 9:07:25 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
Interesting story in the Economist about immigration - >>In the long run, the northward march of Mexicans should diminish. The Mexican birth rate has dropped; the population is no longer growing so fast, and fewer youngsters are heading for working age. Mexico's economic prospects are also brighter than they used to be. It remains vastly poorer than the United States, but as the gap diminishes so will the desperation to risk your life for a job up north.<<

economist.com

What will happen to our economy without cheap illegal labor to exploit? Americans don't like to work hard anymore. We'll wind up like Europe. Eeeek. (That's a joke, DJ.-g-)

Roughly $100 billion a year is sent home by immigrants working in the US. So an economic slowdown in the US will hurt other countries in ways we haven't been thinking about. That's an element of US recessions and depressions I don't think I've ever seen documented. People that come here but leave their families were usually in desperate situations - what happens to their families when they lose their jobs?

economist.com

Now I am starting to understand why fascism seems like a good idea during deflations. The people who weren't quite at the bottom of the ladder start looking down and seeing that the jobs they are going to have to compete for are being done by recent immigrants. So they want to throw the immigrants out. Then they get mad at the capitalists because the jobs are shitty and backbreaking and don't pay much. They have to work twice as hard for half as much money.



To: Ilaine who wrote (6633)8/4/2001 4:43:51 PM
From: smolejv@gmx.net  Respond to of 74559
 
>>The people who clean my office are Hispanic.<< Could be he taught comparative archeology at some U of X and she was a social worker. Same situation in Germany - Egyptian gynecologists driving cabs.

Roman empire at his high noon plus X got a lot of immigrants. They - together with military - took Roman civilization to the outer limits of empire - Spain with Hadrian etc -. There existed bloooming roman towns, in Provence for instance, ell into 3rd century, by which time Rome was burnt, looted and burnt again innumerous times.

So - Broadway in Cuzco? How's that sound?...

dj



To: Ilaine who wrote (6633)8/4/2001 7:52:20 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<Hard to imagine white men cleaning toilets. Even after a financial collapse.>

You think black ones do that? Or put the seat down [which women seem to have a fetish about]? You'd need to consult some of their wives.

Professionally, one of my melanin-deficient nephews used to clean [including toilets] and some melanin-deficient friends have a self-employed cleaning business [they do the work and clean the toilets].

I hope that wasn't a racist and genderist comment you made about melanin-deprived XY chromosome people!



To: Ilaine who wrote (6633)8/4/2001 10:08:20 PM
From: Mark Adams  Respond to of 74559
 
It's a common joke that taxi cab drivers were all brain surgeons back in their own country.

Not so many years back, I had the pleasure of working with a nice Hispanic man who held the post of dishwasher. His calling before fleeing Central America due to war: Bank Manager. I'm sure he has moved up since, as have I.

A couple of articles from Financial Times on doing business in Papua New Guinea.

globalarchive.ft.com

globalarchive.ft.com

The latter discusses LIHRY, a gold concern. Both are great examples of doing business in a different culture.

FWIW