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08-22-2013, 12:41 AM
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4,764 posts, read 3,542,640 times
Reputation: 3038
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Is the glass half full or half empty? Your attitude is what determines your perspective.
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08-22-2013, 04:13 AM
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621 posts, read 629,188 times
Reputation: 265
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Quote:
Originally Posted by InsaneTraveler
Yeah. Poor Japan has been in a long time rut. Is delation really a bad thing though? Cost of living going Dow doesnt seem all that bad.
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If only there were jobs to go with the lower prices.
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Originally Posted by InsaneTraveler
Sure hope so. I figure the Great Depression was bad for a decade,l and we are five years into this mess. It can't last much longer right?
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https://lh3.ggpht.com/_nSTO-vZpSgc/S...bt+vs.+GDP.png We have a debt bubble to deal with before we can have sustained long term growth again.
Quote:
Originally Posted by InsaneTraveler
Perhaps you are right. Optimism always puts a better outlook on things.  . It is just hard to do so with all the bad economic news over the past several years. What you say though mimics what a lot of my friends say. Optimism is key. |
If ½ are out of work then be in the ½ that are employed. |
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08-22-2013, 08:20 AM
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Location: plano
7,880 posts, read 10,575,872 times
Reputation: 7733
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The US economy varies by state to some degree. Perhaps a state and its workers attitude toward successful businesses maatter. Like it or not we are in the boat with business and those who risk to start them. Find a state where the people and the gov do not detest business and you will find jobs available. Most of the places like this have economies not based on tourism but they have jobs. Many have lower cost of living too as lower cost help a business make it in todays tough economy too. Some of those places with jobs make things, making things can benefit an economy greatly if the things made are basic and needed and can be made cost effectively to compete in the global economy.
OP look at alternative locations where the economy has come back.
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08-22-2013, 12:14 PM
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Location: The hills of western Washington
251 posts, read 495,761 times
Reputation: 479
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The insane traveler needs to quit blaming "the economy" for his problems. He should focus on ONE job, not the whole enchilada.
Who cares what "the economy" is doing, you still need a job. Cut all this self-centered baloney and do what everyone else does: get a job, work hard and don't quit because of lame "personal reasons".
It's called growing up...
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08-22-2013, 12:38 PM
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4,130 posts, read 4,311,050 times
Reputation: 3041
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Quote:
Originally Posted by automobilist
The insane traveler needs to quit blaming "the economy" for his problems. He should focus on ONE job, not the whole enchilada.
Who cares what "the economy" is doing, you still need a job. Cut all this self-centered baloney and do what everyone else does: get a job, work hard and don't quit because of lame "personal reasons".
It's called growing up...
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To be honest, it's not really fun to grow up and be responsible. Many kids resist it as long as possible.
It's certainly easy to blame the nebulous economy for personal failings. |
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08-22-2013, 01:37 PM
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20,376 posts, read 18,415,999 times
Reputation: 8024
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Quote:
Originally Posted by InsaneTraveler
Do you think that is what will happen to Japan? That the whole country will go down Detroit style?
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It already happened in Japan, but with less severity since land is rather more scarce in Japan. Its difficult for land to become worthless and fall into deep negative equity. But the principle is simple. If you have an apple tree that produces 100 apples, and the land owner demands 80 apples because his mortgage demands 75 apples and the state wants 10 apples then an apple tree can support the rentier and financier and property tax. Thats 20 apples for the grower. However if it can only produce 50 apples then it will sit idle until the rentier, financier and state take less than 50. Its worth less than worthless land for industry. That is why Germany is Europe's work shop. They have the least amount of financial wealth that drives up the costs of industry.
On the positive side Japanese are smart enough not to go into private debt which is why the public debt to GDP ratio is so high. There is little bank credit driving down the ratio. Most people have that metric backwards. |
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08-22-2013, 05:49 PM
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Location: Vallejo
19,633 posts, read 21,851,194 times
Reputation: 17002
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Quote:
Originally Posted by shaker281
Why many stay in the same job for as long as possible, even if they are miserable. Who wants a poor decision to be their own undoing?
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Because for some the prospect of no job is even worse. It just depends. I've never been miserable in any of my jobs. I sure as heck would not want to go back to being a pharmacy tech as it's all kinds of boring and the pay isn't good. If that was my only option, however, I'd rather go back to that than be unemployed. Being unemployed is by far the crappiest job situation I've ever been in, and from what it sounds like from this thread, I took being unemployed much better than the OP did. It still seems odd given the degree of emotional distress it seems to be causing to voluntarily go back to being unemployed. |
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08-22-2013, 09:03 PM
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2,305 posts, read 2,241,845 times
Reputation: 1540
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Quote:
Originally Posted by InsaneTraveler
Yeah. Poor Japan has been in a long time rut. Is delation really a bad thing though? Cost of living going Dow doesnt seem all that bad.
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Deflation seems to be really toxic. If you buy a product (real estate, car) at 100 and deflation is 5% per year. Next year, in theory you could only re-sell at 95. So, why buy now? Why not wait until it hits rock bottom? |
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08-22-2013, 10:57 PM
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4,764 posts, read 3,542,640 times
Reputation: 3038
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Quote:
Originally Posted by Malloric
Because for some the prospect of no job is even worse. It just depends. I've never been miserable in any of my jobs. I sure as heck would not want to go back to being a pharmacy tech as it's all kinds of boring and the pay isn't good. If that was my only option, however, I'd rather go back to that than be unemployed. Being unemployed is by far the crappiest job situation I've ever been in, and from what it sounds like from this thread, I took being unemployed much better than the OP did. It still seems odd given the degree of emotional distress it seems to be causing to voluntarily go back to being unemployed.
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I think one of us misunderstood the other. Perhaps it was the way I phrased my statement, which made you think it was a question?
I am agreeing that leaving a job voluntarily, and having it not work out, probably causes many people to remain frozen in place.
I know several people who gave up good jobs for a grab at the brass ring and were left worse off. Very scary. |
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08-23-2013, 06:10 AM
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Location: Los Angeles area
14,016 posts, read 20,097,082 times
Reputation: 32518
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What is this thread really about, when we get to the bottom of it? Not the economy, I submit. The OP is depressed, and "needs" to move to a different city based on the hope that the change of location will help with the depression. Therefore, the present job is abandoned before a new job is found.
While I certainly hope for the OP's sake that the strategy works, color me skeptical. We can run away from a location, but what are we faced with once we arrive at the new place? Ourselves! We cannot run away from ourselves.
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