| General > General Technical Chat |
| I have the feeling that the whole trade war starts from a pile of nonsense. |
| << < (72/145) > >> |
| Simon:
--- Quote from: apis on June 02, 2019, 08:10:36 pm --- --- Quote from: Simon on June 02, 2019, 08:03:14 pm ---Yes the responsability is bullshit. When our bankers messed up they did not even get the sack. But why would they not be loyal? not by chance because another company gives nthen the chance to have their name printed a bit higher in the list of most well paid? --- End quote --- They will only get a new job at another company if they did a good job at the previous. I.e. if they don't make the owners happy they have a lot to loose, so they better do what is expected of them and make sure the money keep rolling into the company vaults. --- End quote --- Really? and what do they actually do? most of them probably do not understand the companies core products. The bankers could not even do a little math or they could have predicted the mess they were about to make. But it's OK, we the people paid up. None of these "poor" bankers lost out, we looked after them. |
| apis:
The banking and monetary system is a whole other kettle of fish |
| Simon:
--- Quote from: apis on June 02, 2019, 08:18:06 pm ---The banking and monetary system is a whole other kettle of fish --- End quote --- True, but other industries are not much different. Tesco's fiddled their books, can't remember what happened to those involved other than being taken to court but the share holders got their dividends which is what the fiddle was about makiung them look more frofitable than they were. A retail company in the Uk was bought by a man that raided it for all the cash it had and let it go bust, the workers lost their pensions and the taxpoyer may have to foot the bill. |
| apis:
--- Quote from: NorthGuy on June 02, 2019, 08:02:35 pm ---Actually can go even lower if some of the bread is imported from a foreign country at much lower prices. In such situation, domestic bread-makers will have hard time staying in business, some even may go out of business completely. This, of course, will diminish domestic capacity to produce bread. But this will not make bread prices any higher because of the cheap foreign supplies. --- End quote --- Of course, it can even be the same person as before who own the foreign bread maker, but in the other country he has to pay less to the workers so it's cheaper to produce it there. By shutting down companies in the first country and moving production to another he can increase his profit. Once there is no bread makers left in the first country he can start raising the bread prices so they are even higher than before. |
| apis:
--- Quote from: Simon on June 02, 2019, 08:25:01 pm ---A retail company in the Uk was bought by a man that raided it for all the cash it had and let it go bust, the workers lost their pensions and the taxpoyer may have to foot the bill. --- End quote --- Exactly, the owner might not want what is best for the workers long term, so the bosses he hire might not care what the company core product is even, what is important is that the boss is prepared to let the company go bust, even if it means the workers lose their pensions etc, in exchange the boss gets paid 1000s of times an ordinary worker. |
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