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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (73297)4/18/2011 1:44:11 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 218886
 
Was listening to a conservative leaning radio station on the way to Montreal last week... They were laughing at Trump.



To: Haim R. Branisteanu who wrote (73297)4/18/2011 3:34:34 PM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 218886
 
Swimming against the stream that pulls you down. Fighting against the race to the bottom.

As goods got cheap and cheaper, Classes C,D,E starts consuming.

But they have more wish to consume than money. Banks come in and make loans available.

The countries and people get indebted to their ears. And the Chinese there producing cheap stuff by the containership load.

Then the banks like locusts, move over to the next bunch of countries.

IMF Says Brazil, China, Turkey Face Worrisome Credit Booms
bloomberg.com

After thew whole planet is bankrupt and all nations have defaulted. Totally kaputt.

Perhaps the Roman Catholics will raise and say:

"Where were we, exactly, 2.000 years ago?"

"Oh, yes, right, usury, Thou shalt not lend upon interest to thy brother; interest of money, interest of victuals, interest of anything that is lent upon interest"

And since we are at it, my brothers and sisters:
"By the sweat of your brows shall you obtain your bread."



To: Haim R. Branisteanu who wrote (73297)4/18/2011 3:56:25 PM
From: elmatador1 Recommendation  Respond to of 218886
 
The 'race to the bottom'.

Once the mass is the classes C,D,E is the target. Mind you: you need volume to get the cheapest price.

Everyone wants to go after that market. But classes C,D,E only buy price. They are not interested in quality or reliability.
Or a good service. They don't even know what a good service is.
If you remember they were not consumers.
They used to buy what they need and that was it.

Talking about classes C, D, E; What sells is price. The the only way to compete is "race towards the bottom"

The implications are everywhere to be seen. They percolate to every corner of the world economies and societies. It is affecting everything.

Everything is "cost based". Tell Amelia that made her hat a crap hat.

It dawned on me today after I've got a reply from a friend of mine. I asked about the news that Brazil was lacking professionals. How so was my question.

My friend is of my generation of no-bullshit men. Thus when I ask I question I get an answer:

My question:
How comes they are lacking professionals? That's what I am reading here. Started about three months ago.

His reply:
I have observed here that small entrepreneurs are having difficulties in hiring people.
I have noted as well the quality of the so-called professionals, it a few inches below pure shit.
I have not heard of no employer that had increased the salaries of the very very rare good professionals to keep them.

See, they are acting like the education system. Teacher and school pretend to teach. Student pretend to learn, and society accepts the diploma-holder professional.

In the professional milieu, the employer pretends to pay, employee pretends to work and the consumer pretend that the service or product has some quality.

The crisis is not of employment. It is a crisis of respect. Go and look how many son of bitches want to pay for a technician or an engineer. It is even less than that we earn back in the seventies!!

Nokia just decided to compete with ZTE and Huawei in price
How are you asking? Simple. They make the gear. Do not spend time and money testing. Make and sell. Sell as cheap as the Chinese.

Once is not working, you go and ask the customer to pay to make it work.

All is connected in the race to the bottom. Low prices started everything.

Once it percolated economies and societies, the productive chain adapted to the 'cheap cheap last price'.