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Subject: EU Failure Posted by: Boldwin - [2210132620] Sat, Nov 27, 2010, 00:48 | |||||||
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| 165 | Building 7 Leader ID: 171572711 Mon, May 21, 2012, 10:34 | My wife worked at the same place for 37 years. She got 4 or 5 weeks of vacation. 2 weeks is entry level. | ||||||
| 166 | sarge33rd ID: 353491011 Mon, May 21, 2012, 10:42 | depends on where B7. In more than a few industries, paid vacation doesnt exist at all. Most commission paid positions, time away from work = time with zero income. | ||||||
| 167 | boikin ID: 532592112 Mon, May 21, 2012, 10:59 |
It's a sad state of affairs where we've turned into a society that values going into work and producing things more than our personal happiness and spending time with friends and family and exploring the world. The Europeans have this one right. while I agree with the idea of 35 hour work week and more holidays historically your statement above is just false. Nothing in society has turned right now average hours worked per week as an all time low in America, so if you like maybe we should turn back to a time when the 50 hour week was standard. | ||||||
| 168 | sarge33rd ID: 353491011 Mon, May 21, 2012, 11:09 |
avg hrs worked by nr of working age Americans may be at a low, but only because the nr of unemployed Americans is at a high. Rather than be a harpie, perhaps you could acknowledge that what many of us want, is for a return to a single income supporting a household thus allowing the spouse to be there to raise kids. One can only wonder, if that would not result n a drop in crime and a rise in HS graduation and college attendance. | ||||||
| 169 | Perm Dude ID: 3210201915 Mon, May 21, 2012, 11:33 |
average hours worked per week as an all time low in America Among those who work (which are, of course, the vast majority of adults in this country), the opposite is true. Americans have been working long hours for some time. | ||||||
| 170 | Boldwin ID: 3944693 Mon, May 21, 2012, 12:40 |
Sarge#168 Where is the feminist apology to women for condemning them to the workplace and estrangement from their kids? This is usually presented as a triumph, one they'd like to complete. | ||||||
| 171 | Perm Dude ID: 3210201915 Mon, May 21, 2012, 13:14 |
Hahaha. An apology for giving women the choice to work. Nice. I revise my estimate of Boldwin's "golden period" backward, from the 1950's to the 1890's. Here's the thing about freedom: It means you have to live with ideas that you despise. | ||||||
| 172 | boikin ID: 532592112 Mon, May 21, 2012, 13:50 |
re 168 and 169, this is not a recent results the numbers have been trending down constantly since the turn of century. It should also be noted Europeans have traded standard of living for those less hours worked. You will not see many McMansions in Europe. If you wanted to live in small 50's house drive one car own one tv, no cable not internet, no cell phone...then you could still live on one income the point is we have traded extra hours of work for extra material goods. | ||||||
| 173 | DWetzel ID: 49962710 Mon, May 21, 2012, 14:05 |
They don't have cable, or Internet, or cell phones in Europe? Man, that sucks to be them. | ||||||
| 174 | DWetzel ID: 49962710 Mon, May 21, 2012, 14:05 | (And yes, I know that's an oversimplification.) | ||||||
| 175 | Perm Dude ID: 3210201915 Mon, May 21, 2012, 14:09 | #172: I've said this elsewhere here (I think in the jobs thread) but I believe that we as a country are beginning to turn around on that point a bit (which is a good thing, IMO). The recession has caused many people to reevaluate the constant pursuit of, well, stuff. And now that the economy is picking back up a bit, the fact that some are choosing not to go back to work is a good thing. | ||||||
| 176 | boikin ID: 532592112 Mon, May 21, 2012, 15:31 |
re 173, no you are correct cell phones are dirt cheap there, though internet can be quite high. though I was actually referring to a time in America when single incomes were more common. I don't actually know the rate of single incomes in Europe but I would think it is similar to USA. re 175, I think that is accurate and some studies have indicated this is why they think hours works have continued to decline in the past 20 years. | ||||||
| 177 | DWetzel ID: 31111810 Mon, May 21, 2012, 16:45 | Boikin, did you not mean to say "It should also be noted Europeans have traded standard of living for those less hours worked." ? | ||||||
| 178 | boikin ID: 532592112 Mon, May 21, 2012, 17:10 |
probably should have said something like this: It should also be noted Europeans have traded standard of living for those less hours worked. You will not see many McMansions in Europe. You can still live on a single income, if you wanted to live in small 50's size house drive one car own one tv, no cable not internet, no cell phone...then you still could live on one income. The point is we have traded extra hours of work for extra material goods. | ||||||
| 179 | sarge33rd ID: 353491011 Mon, May 21, 2012, 17:22 |
no you cant boikin... link In 1950, min wage, required 56 hrs to pay a months rent. 1960, 71 hours... 1970, 67.5 hrs... 1980, 78 hrs... 1990, 118 hrs 2000, 117 hrs... 2010, 109 hrs. Thats 3 1/2 weeks pay, for 1 months rent. Doesnt leave much, does it? | ||||||
| 180 | Frick ID: 14082314 Tue, May 22, 2012, 08:28 |
How are they defining rent? Just apartments or does that include people who are paying mortgages as well? Home sizes have increased on average. I'm not sure on apartment sizes, but it seems like they are larger, on average, as well. | ||||||
| 181 | Perm Dude ID: 3210201915 Tue, May 22, 2012, 10:48 |
The link talks about "median rental price" which seems a little off to me, particularly in NYC where much of the rental market is rent controlled (who knows if the numbers are for non rent controlled or everyone? The underlying data isn't available). Rent does consume more and more of the worker's paycheck. But one side benefit of the housing market collapse is that is starting to reverse itself a bit. | ||||||
| 182 | Frick ID: 14082314 Tue, May 22, 2012, 11:55 |
I don't disagree that rents are rising, what I was questioning is what are you getting for the money. If in 1950 you were able to rent a 1 bedroom 300 sq ft apartment for 56 hours, it isn't fair to compare that to a 1 bedroom 750 dq ft apartment. And that doesn't account for the the location and the price differences associated with specific neighborhoods. It also isn't accounting for what the differences in property taxes possibly are. | ||||||
| 183 | Boldwin ID: 43492714 Wed, May 30, 2012, 07:44 | Victor Davis Hansen floats down the Rhine radar trained on the zeitgeist re EU breakup and awash in historical irony. | ||||||
| 184 | Boldwin ID: 18643169 Mon, Aug 06, 2012, 21:01 |
You've heard of derivatives [which were not allowed to unwind and are still as big a problem as ever], the EU looming precipice, but add to that the Chinese Golden Elephants. Opaque investment vehicles, offered by shadow banks outside the normal banking regime, paying twice the average return, and backed by empty building projects in ghost towns. | ||||||
| 185 | Boldwin ID: 609622 Mon, Jan 07, 2013, 10:35 | Pieces of eight | ||||||
| 186 | Boldwin ID: 80221316 Mon, Jan 14, 2013, 02:31 |
France slips near the level of Italy and Spain [and that's really saying something] on certain metrics as French socialists hack and slash the rich.While France is at no serious risk of a debt crisis...youth jobless rate rising to a record 27pc...The economy may have tipped into recession already... | ||||||
| 187 | Boldwin ID: 270551422 Tue, Jan 15, 2013, 00:18 | That's right. Drag the Peugeot family and Gerard Depardieu around in tumbrels and let the French people see the ugly face of marxism. | ||||||
| 188 | Boldwin ID: 510151819 Fri, Jan 18, 2013, 21:30 |
This belongs in the "Hit Me Like A Ton of Bricks" thread. When someone from the leading investing blog says, "We Are Living In The Middle Of The Biggest Bubble In History.", you had better sit up and take notice. | ||||||
| 189 | sarge33rd ID: 4609710 Fri, Jan 18, 2013, 21:56 | 404 error | ||||||
| 190 | Boldwin ID: 510151819 Sat, Jan 19, 2013, 00:29 | Reserve currency bubble, and explains why inflation hasn't yet caught up to world-wide monetary supply inflation. And what will probably be the trigger or tipping point producing runaway inflation. | ||||||
| 192 | Boldwin ID: 510151819 Sat, Jan 19, 2013, 00:32 | Watch the video | ||||||
| 193 | sarge33rd ID: 4609710 Sat, Jan 19, 2013, 00:34 | I didnt watch it Looked, and it appears to be more "sky is falling" doom and gloom. Paranoia, doesnt run high on my scale. | ||||||
| 194 | Pancho Villa ID: 59645318 Sat, Jan 19, 2013, 01:30 |
Doug Casey is an interesting and entertaining guy. His economic takes generally tag him as a gold bug, which lessens his credibility. Wonder if Boldwin shares his views on Muslims and the War on Terror. The War on Terror is being fought mainly in Muslim countries. It's not being called a War on Islam, but to the people living in those places, it's increasingly looking like a War on Islam, and the fact that most U.S. allies in the Islamic world are oppressive regimes doesn't help at all. Iraq, Afghanistan, Egypt, Saudi, and Pakistan, among others, are all run by quislings, puppets, or stooges of the U.S. The average citizen of those places despises his corrupt government, and recognizes that the U.S. is propping it up – which gives them good reason to hate the U.S. The demographics in these places are a time bomb – half the population is under 30, and they're mostly unemployed. Many would form terrorist groups out of boredom, except they have much better reasons. The U.S. doesn't have any real friends in those suppressive governments anyway; those people will change sides in a New York second. And it's getting worse. What do the people in those countries perceive? Christian soldiers kicking in doors and shooting people – echoes of fighting that's gone on for over a thousand years. The West may think they are fighting a War on Terror, but Muslims are going to see it increasingly as a War on Islam. And when they react accordingly, it will become so. That fool Bush said the U.S. was attacked because "they hate our freedom." I can't imagine a more ridiculous assessment. Especially when Bin Laden clearly spelled out why the 9/11 attack occurred – three reasons. One, foreign troops in Muslim countries. Two, the U.S. propping up puppet regimes in Muslim countries. Three, the U.S. supporting Israel, which they view as a usurper of Palestinian land. In point of fact, these are reasonable objections on his part. What should be done about this insane War on Terror, before it gets totally out of control, and you get everything from the kind of attacks we've discussed above, all the way up to nuclear explosions going off in U.S. cities? While the U.S. is bankrupting itself? I suggest the manly and honorable thing to do is sincerely apologize for past aggressions. Combined with disinvolvement of the U.S. Government and military from the Mideast. If they don't do that, this thing will almost certainly escalate, and get out of hand. When it comes to the next generation of warfare, terrorism, the only way to win is not to play. link | ||||||
| 195 | Boldwin ID: 510151819 Sat, Jan 19, 2013, 03:06 | I agree with every word, except the idea that WWIII was avoidable. The forces at play were designed to explode at this time. | ||||||
| 196 | Pancho Villa ID: 59645318 Sat, Jan 19, 2013, 11:48 |
I agree with every word I missed those posts of yours where you were sympathetic to Muslims perceiving Christian soldiers kicking in doors and shooting people – echoes of fighting that's gone on for over a thousand years...Muslims are going to see it increasingly as a War on Islam Also missed those posts where you agreed with the suggestion that the manly and honorable thing to do is sincerely apologize for past aggressions. Combined with disinvolvement of the U.S. Government and military from the Mideast. | ||||||
| 197 | Boldwin ID: 250381920 Sun, Jan 20, 2013, 00:09 |
There actually are cycles of violence. Jihadi outrages will be a constant for the foreseeable future. Reactions will be inevitable. Not reacting to totalitarian jihadis doesn't lead to a peaceful outcome either. That is the factor the author overlooks. There is no possible peaceful outcome with jihadis at this time. As the Bible says, the nations are being led along as if by a ring thru the nose at this time. | ||||||
| 198 | Boldwin ID: 9147197 Tue, Feb 19, 2013, 08:51 |
Gold. Germany has asked for their gold back from storage in the USA. Which was met with a refusal. Germany asked for an audit of their physical gold in the USA which was met by a refusal. Germany was told they could retrieve their gold over the next seven years. The 'powers that be' have been using 'fractional lending' to leverage their control over gold into greater wealth and power. The gold isn't there. ----- In unrelated *cough* news, France was at the time of his overthrow, refusing Khadafi's requests for his Euros in French banks back, so that he could establish the African Gold Dinar made from actual physical gold, as a new currency. Prepare for the inevitible change in world reserve currency and a crash of the dollar's value as everyone cashes in and all those overseas dollars come winging their way back home. | ||||||
| 200 | Biliruben ID: 358252515 Tue, Feb 19, 2013, 12:40 | I'd say put your money where your mouth is, but I don't wish poverty on any one. | ||||||
| 201 | Perm Dude ID: 201027169 Tue, Feb 19, 2013, 12:47 |
Heh. Poor Germans. Can't even recognize when they are getting hoodwinked, apparently. [in German] Translation: "Do you think we're stupid? Go find a real conspiracy. Now we will dance." | ||||||
| 202 | Boldwin ID: 292531620 Sat, Mar 16, 2013, 22:58 | Big news in Cyprus today, test case for Europe. Check out ZeroHedge today. | ||||||
| 203 | Building 7 Leader ID: 171572711 Fri, Mar 22, 2013, 07:41 |
 | ||||||
| 204 | Boldwin ID: 332562122 Fri, Mar 22, 2013, 09:08 | Outstanding. My son the banker says Cyprus changed course on that, but I haven't had time to research it during our draft. | ||||||
| 205 | biliruben ID: 59551120 Fri, Mar 22, 2013, 09:14 |
Yeah. They need to, and probably will at some point, tell the Russian mobsters to suck it, and do as the icelanders did. They need to ruminate on that for a while first, however. They got too used to all that mob money. | ||||||
| 206 | Boldwin ID: 2222319 Sat, Mar 23, 2013, 20:10 |
Bank levy back on table and lawmakers inside voted to nationalize pension funds Remember that line as you turn America into something resembling an EU basketcase. Debt? Who, me worry? | ||||||
| 207 | Boldwin ID: 20234245 Sun, Mar 24, 2013, 06:34 | "The disinformation-to-total-confusion train pushes on forward; beggars can be choosers and 'demanders' won't be blackmailed." - Zero Hedge | ||||||
| 208 | Boldwin ID: 13330423 Fri, Apr 05, 2013, 02:27 |
If you aren't reading ZeroHedge you are just in the dark. So many huge items in today's edition it boggles the mind. 97% of bankrupt Spain's SS pension fund is held in the bankrupt country's bankrupt government bonds. This whole nanny state of the west is designed to fold. Italian leader says there is no plan B and suggests confiscating bank deposits become the template to follow. Gold bars being used to circumvent currency rules and facilitate capital flight from the less solvent portions of the EU. Cars loaded with bars stopped at the border. A guide to hiding your cash from the coming haircut. The purpose of the media's anti-offshore banking slant and leaked offshore financial info. Spooking deposits into circulation since traditional methods have not increased velocity. Eric Holder preparing to let Enron's Skilling out way early, half his time. Bet there's been donation promises made on that one. I've just got to find a way to track interest rate swaps. Regular hack attacks and denial of service attacks in the virtual currency [bitcoin, etc] realm. The Keynesian Endgame What could tip N.K. situation into a snowball going downhill. The truth is out there and it rarely comes from the mainstream. That's just one day's haul. I'm begging you. Read ZeroHedge. | ||||||
| 209 | biliruben ID: 41431323 Fri, Apr 05, 2013, 06:51 |
I read it sometimes. When I need a chuckle. It's like going to a pretty good fortune teller. Says just enough to get you scared out of your wits, but there is no there there. | ||||||
| 210 | sarge33rd ID: 4609710 Fri, Apr 05, 2013, 09:13 | Here is your whole "nanny state meme" problem B...the largest "nanny states" out there? (Germany and Sweden), are both doing quite well.It's the rest of the world, doing poorly. | ||||||
| 211 | sarge33rd ID: 4609710 Fri, Apr 05, 2013, 09:23 | link for 210 | ||||||
| 213 | Boldwin ID: 36417820 Wed, May 08, 2013, 23:06 |
Since January 2012, China has imported an absolutely stunning 1,206 tons of gold. Putting this number in context, this is 20% more than the entire reporter official gold holdings of 1054 tons, and represents roughly half of the total 2500 tons of gold mined every year. | ||||||
| 214 | Boldwin ID: 2446204 Mon, May 20, 2013, 06:02 |
"Everybodies' doing it. Everyone's printing money. This has never happened before in the history of the world." Interview with old school investor and George Soros' former partner, Jim Rogers. | ||||||
| 215 | Boldwin ID: 27541518 Thu, Jun 06, 2013, 01:14 |
What could China be doing with all that gold? Instead of collecting our worthless T-bills, they could just become the new gold backed world's reserve currency, just maybe. [AKA a debacle for the previous world reserve currency which will see all those excess petrodollars come flooding back home] | ||||||
| 216 | Boldwin ID: 115522411 Mon, Jun 24, 2013, 12:52 |
My favorite title of the year Also what I been sayin'. | ||||||
| 217 | Boldwin ID: 57650716 Mon, Jul 07, 2014, 19:19 | Butt | ||||||
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