0
31

[–] TerriChris [S] 0 points 31 points (+31|-0) ago 

Asia is crushing Europe and U.S. in job creation and wealth creation. Regular Euro & U.S. folks in the past two decades have been left behind, while small businesses are buried in regulation and risks of law suits.

Merkel, Cameron, Clinton, Bushes, & Obama are all on the wrong side of history. All talk, no action politicians

1
6

[–] brother_tempus 1 point 6 points (+7|-1) ago 

Asia is crushing Europe and U.S. in job creation and wealth creation.

No minimum wage or a very very low one and a lot less business killing regulations making it very expensive to run a business

0
9

[–] TauCeti 0 points 9 points (+9|-0) ago  (edited ago)

In other words, the end game of globalization, where North Americans and Europeans works for the same pittance that they do in Asian countries. Yeah, there are some problems with that:

  1. You can hardly live on third world wages in a third world country. You can't live on third world wages in a first world country, so things would have to collapse to third world status. Good luck surviving the instability.
  2. The demand destruction as everyone inevitably sinks to $0.30/hr would flatline the world economy. Useless to have slave wage employees if there are no buyers.
  3. No motivation to find environmentally friendly ways to do business means wholesale physical destruction. Do you really, for example, want to go back to burning coal and belching fumes, unregulated, for power?

0
4

[–] TerriChris [S] 0 points 4 points (+4|-0) ago  (edited ago)

Agree. Very difficult for Euro & U.S. small businesses to pass the cost of higher wages, complicated taxes strategies, Obamacare, and regulation administration through higher prices to consumers. Today large international companies with close relationships in Asia, teams of lobbyists, and tax lawyers have advantages

I suspect Asia is like the wild west for international businesses - few regulations, lower wages, corruptible politicians. The current leadership Euro & U.S. have been focusing on the wrong issues for too long now. You'e fired!

2
-1

[–] Capt_Rye 2 points -1 points (+1|-2) ago 

Accept that's a bad thing for the worker. They live in a company owned tenement that they pay the company to rent. Work shit hours and produce shit products to that the multimillionaire can make a 50% profit on his item. What the Asian (chinese, and south east asia) job markets are is what coal mining use to be I'm the US. Families stuck in the industry forever indebted to the company.

0
1

[–] OcculusResurrectio 0 points 1 point (+1|-0) ago 

Please clap.

0
0

[–] 5y45yers5y5y5 ago 

Holy fuck this was one of the sadest things I ever have seen. But the fact that someone else knows it and has referenced makes it hilarious now.

1
1

[–] Mr_YUP 1 point 1 point (+2|-1) ago 

I doubt they have the wealth per capita that the west has

0
9

[–] TerriChris [S] 0 points 9 points (+9|-0) ago  (edited ago)

Ninety-nine of your family and friends are in a bar and Warren Buffet walks in. What's the average wealth?

0
0

[–] 5y45yers5y5y5 ago  (edited ago)

Asia is crushing Europe and U.S. in job creation and wealth creation.

Implying they are "out competing" the Europe and the US. If you haven't noticed the US's and Europe's leaders, especially Obama (since I live in the US I know about him), has been handing our wealth to them. And the Clintons have been doing it repeatedly for decades. Not to mention the regulations and litigation you mentioned.

And maybe someone wants to argue with me, but before you do that watch the Trump's economic policy speech he gave today if you want to catch up on what's been going on. He phrases it nicely when he says "the era of economic surrender is over." As an extra point for anyone who's feeling angry here (as for some reason I anticipate someone having an angry response to my post, but I could be wrong) if you've ever been to Asia you can clearly see that the chinese are dishonest, rude, corrupt, greedy, thieving, short-sighted, inhumane people on average.

[–] [deleted] 0 points 19 points (+19|-0) ago 

[Deleted]

0
3

[–] Gorillion 0 points 3 points (+3|-0) ago 

No harsh enough.

Merkel you, Merkel.

0
1

[–] Walrea 0 points 1 point (+1|-0) ago 

Mrs Merkel said the EU needs to stop other countries following Britain out of the door...

Because heaven forbid that people get a choice and ruin your little Globalist Plan.
Fix your house, and maybe people won't want to jump out the windows.

0
6

[–] totes_magotes 0 points 6 points (+6|-0) ago 

Merkel warns EU 'no longer governable controllable' after Brexit

FTFY

0
5

[–] twitch1982 0 points 5 points (+5|-0) ago 

She added that it was not the right time to pursue a quick deepening of cooperation between euro zone member states.

The EU should instead act on popular concerns such as securing the bloc's borders, creating jobs and improve internal security, she said.

Should have done that 3 years ago dumbass. Your time is past.

0
3

[–] Tat_Tvam_Asi 0 points 3 points (+3|-0) ago 

What? A system you helped set up can not handle it?

0
2

[–] Radikallurker 0 points 2 points (+2|-0) ago 

Let's ignore the obvious trading partner and ally Russia.

0
0

[–] CPT_Ahab ago 

The new allegiances after 2018: USA, UK, Russia, and the EU defectors.

0
1

[–] CervicalStrike 0 points 1 point (+1|-0) ago 

If Hillary actually wins then I think we deserve the grave we chose.

0
1

[–] fagnig 0 points 1 point (+1|-0) ago 

1
1

[–] GizaDog 1 point 1 point (+2|-1) ago 

Merkel is crying!!! BoooHooo!

load more comments ▼ (7 remaining)