Recession or Economy Recycling

Recession may be just a way of the economy getting sick and throwing up excessive competition and goods.

Only the strong survive and get stronger, eat up the work from the excessive competitions that went under.
Can it be the financial institutions fault for causing it and then scream for help when they see they’ve made a boo-boo. They finance the excessive competition then cry when the businesses cant pay their loans.

For someone to have a better living standard, someone has to give up some of theirs.
Europe is allowing various new countries into the EU where the minimum wage is like 1/4 of the average in France/Germany.  Some employers, like in Germany for exmple, hire the labor from these low wage countries or move there, competition once again, so national employees have a hard time finding a new job as well as losing the old one.
Immigration is always good, as long as everyone gets treated equal.

No Comments! Be The First!

Leave a Reply